Diebold 3Q/01

Diebold reported net income of $35.8 million, excluding after-tax charges of $20 million related to the company’s investment in InnoVentry, and $1.6 million for special charges of its MedSelect division. Financial self-service product revenue increased 14.2%.Total worldwide orders for product and service increased in the mid single-digit range. North America orders were up in the low single-digit range compared to the third quarter 2000. For complete details on Diebold’s 3Q/01 results visit CardData ([www.carddata.com][1])

[1]: http://www.carddata.com


FDMS Certifies USWD Solution

U.S. Wireless Data, Inc. announced that First Data Merchant Services has certified U.S. Wireless Data’s Synapse technology, with the Lipman 3010 wireless point of sale terminal, for wireless credit card transaction processing. By certifying the combination of the Lipman 3010 terminal and the Synapse service platform, First Data is offering merchants an end-to-end communications network to process credit card transactions without the need for telephone lines or access to an electrical outlet. Clients of First Data can now offer their merchants a fully supported wireless POS terminal that can be quickly activated on a choice of wireless networks. First Data will also provide merchant support in conjunction with this product, including product deployment and training.

Choice of Wireless Networks

Because Synapse is a neutral service that routes transactions through multiple wireless networks, merchants can select the network that offers optimal coverage for their business. This is an important benefit for national chains and businesses with locations throughout the U.S. For First Data, Synapse provides a single connection point, eliminating the need for separate communication links to each wireless network.

Increased Speed, Mobility, and Efficiency

Synapse provides the full advantages of wireless transaction processing including speed, mobility and cost savings. Unlike traditional dial-up lines, the “always on” wireless data network can process a transaction in a few seconds, essentially as fast as cash. This speed is critical for quick service restaurants, supermarkets, and other multi-lane, high volume retailers that U.S. Wireless Data intends to convert to fixed-location wireless technology. Wireless mobility makes it possible for taxis, limos, delivery services, and other on-the-go businesses to accept credit and debit cards. Synapse also provides online reporting capabilities that show real-time transactions and related statistics that can improve business performance.

“This is an important milestone toward the widespread use of wireless transaction processing,” said Dean M. Leavitt, chairman and CEO of U.S. Wireless Data. “First Data, the world’s largest credit card processor, shares our belief in the enormous potential of wireless technology for our industry. By offering this capability to their extensive client base, they are helping merchants to benefit from the speed, mobility and cost savings that Synapse-based wireless transactions can provide.”

“FDMS is embracing this technology because it gives important new options to our customers and their retail merchants,” said Stephen Van Fleet, senior vice president of FDMS. “U.S. Wireless Data will help us drive our wireless initiative to create a choice for merchants that want fast transaction speed, mobility, and low communications costs.”

Mony Zenou, president and CEO of Lipman USA, which makes the 3010 terminal, stated, “with this certification on Synapse, the Lipman 3010 terminal is available with coverage across the country, allowing merchants to maximize their business opportunities. This greatly enhances the value of an already robust and widely accepted wireless POS terminal in the market.”


U.S. Wireless Data makes credit card and ATM transactions faster and more cost effective. USWD connects credit card processing companies to their merchant clients. Using wireless and landline technology, USWD provides improved transport, data translation, and value-added processing. In addition, by enabling wireless point of sale terminals, USWD adds speed and mobility that has been unachievable in the past. USWD now handles more than 500 million transactions each year through its centralized computer center and nationwide network. Further information is available at [www.uswirelessdata.com][1].


First Data Merchant Services enables merchants to accept any type of electronic payment – credit, debit, electronic check, EBT, smart card – anytime, anywhere. A subsidiary of First Data Corp., First Data Merchant Services annually processes and settles almost 9 billion transactions for more than $450 billion in sales volume from 2.6 million merchant locations. Through partnerships and various relationships with leading financial institutions and independent sales organizations, First Data Merchant Services delivers industry leading electronic payment and e-commerce services and solutions. First Data Corp., with global headquarters in Denver, powers the world economy, serving over 1,400 card issuers and millions of consumers worldwide. First Data makes it easier, faster and more secure for people and businesses to buy with virtually any form of payment at the point-of-sale, over the Internet or by money transfer. For more information, please visit [http://www.firstdata.com][2].

[1]: http://www.uswirelessdata.com/
[2]: http://www.firstdata.com/



Proton World International and Smart Chip Technologies, LLC announced they
signed an agreement under which Smart Chip Technologies will adapt its loyalty
solutions to be compatible with the Proton Prisma technology. Smart Chip
Technologies’ solutions are marketed under the names “e-llegiance'” and
“Loyalty Central'”.

Smart Chip Technologies’ loyalty solutions will be adapted to Proton Prisma
then added to the range of Proton Prisma-compliant solutions. This will enable
Proton Prisma licensees to offer Smart Chip Technologies’ loyalty
programmes to
their customers as part of Proton Prisma multi-application smart card systems.
Smart Chip Technologies’ loyalty solutions have been designed to work in smart
card and wireless multi-platform environments, so that issuers can increase
customer loyalty through incentives and rewards, initiated by purchases using
any portable electronic device, including smart cards, personal digital
assistants, mobile phones and laptop PCs.

The Proton Prisma range of smart card products, which was launched earlier
year, retains and reinforces the open architecture and state-of-the-art,
end-to-end security that has contributed to the success of the Proton
technology, and offers compliance with the leading international smart card
standards. This means that issuers retain the widest possible choice of system
components from leading manufacturers, within a security framework defined by
Proton World.

Jim Williams, President and CEO of SCTN said “We are very excited about the
opportunity to collaborate with Proton World in creating solutions for the
banking and merchant community. The adoption of their technology by companies
in 25 countries speaks volumes about the quality of their smart card

We believe that their open architecture will facilitate the rapid and
cost-effective addition of our loyalty programs onto a secure platform that
enables the interoperability of multi-application smart card programs. These
secure, interoperable solutions are a major catalyst for accelerating the
adoption of smart cards in the stream of commerce.”

Michael Nash, President, Proton World Americas Inc., said “The move towards
multi-application smart cards in these sectors is underway and will be boosted
by the opportunity to add consumer-oriented loyalty programs such as those
enabled by Smart Chip Technologies to the portfolio of products that Proton
World offers to our clients. As the multi-application side of the Proton
range is developed, partnerships such as this one will be crucial in ensuring
that issuers retain as wide a choice of applications as possible.”

SMART CHIP TECHNOLOGIES (OTCBB: SCTN) is a Software Technology Company with a
patent- protected loyalty application for use in the smart card and wireless
environment. Smart Chip Technologies licenses its patented e-llegiance’
multi-platform smart chip loyalty application that is engineered for EMV,
Global Platform, and MULTOS compliance. The software is designed to operate on
smart cards, point-of-sale terminals, and smart devices, such as personal
digital assistants.
Smart Chip Technologies also provides complete loyalty program management,
transaction processing, and accounting services through its LoyaltyCentral’
software and back office operation.
The e-llegiance’ and LoyaltyCentral’ solutions provide maximum flexibility in
the management of incentive programs, establishing business continuity across
the physical, mobile, and virtual worlds.


OPC 3Q/01

Official Payments Corporation reported 3Q revenues of $3.9 million, a 14% increase over last year. The provider of credit card payments for taxes and other government obligations, has now signed 1,000 government entities in all 50 states. OPC also reported yesterday that its net loss for the third quarter narrowed to $4.1 million compared to a net loss of $6.1 million for 3Q/00. During the quarter, the company processed over 200,000 transactions with payments totaling over $129 million, representing growth of 23% in transactions and 15% in dollar volume over the third quarter of 2000. During the quarter, OPC’s largest client, the Internal Revenue Service, expanded the scope of its operating agreement with the company to include two new credit card tax payment categories: current year delinquent tax payments and installment government tax payments. For complete details on OPC’s 3Q/01 results visit CardData ([www.carddata.com][1])

[1]: http://www.carddata.com



Sydney-based Cards etc has joined the Visa
Smart Partner program and announced the introduction of the ‘Arterium:
Smart Software for Visa Members’ offer which assists Visa member banks in the
roll-out of multi-application smart card programs.

Craig Dower, Joint Chief Executive Officer and President of Cards etc,
said Cards etc fully supported the Visa Smart Partner program and that it was
a positive initiative that was helping to accelerate the adoption of
multi-application smart cards.

“Cards etc is very pleased to become a member of Visa’s Smart Partner
Program,” he said. “The program is playing an important role in helping
Visa’s members migrate to chip card technology. It provides Visa members with
a clear incentive to fast track the establishment of their smart card

Mr. Dower said the Arterium offer provided Visa members with a low risk
solution for the rapid implementation of multi-application smart card

“Cards etc’s Arterium offer is providing Visa members with a reduced risk
model for smart card implementations,” he said. “Arterium is a stable,
operational production system with proven results in the pre- and
post-issuance management of multi-application smart card programs.

“Visa members can now take advantage of the opportunity to benefit from a
solution which offers exceptional functionality which is driving production
systems around the globe today.”

The Arterium: Smart Software for Members offer gives the first 12 Visa
members access to substantial discounts on Arterium card management system
business modules that provide support for such applications as: EMV Visa
Smart Debit/Credit and a variety of convenience and loyalty programs, and
provides access to Cards etc’s extensive consulting expertise to assist Visa
members in driving their smart card business cases.

Denny Jensen, vice president, Consumer Product Platforms at Visa
International, said: “Our Visa Smart Partners, such as Cards etc., help to
equip Visa member banks with the infrastructure and tools necessary to take
advantage of smart card technology and, ultimately, to compete in an
increasingly tough market.”

About Cards etc:

Sydney-based Cards etc is a provider of smart software and solutions for
smart card, e-commerce and similar e-transaction systems. Cards etc developed
Arterium, smart software that provides infrastructure management for smart
cards, products and devices. Arterium provides relationship lifetime
management that enables organizations to manage their relationships with
cardholders over their lifetime. It can be implemented across financial,
telecommunications, government, transit and travel organizations deploying and
managing multi-product smart card, e-commerce and related technologies.

Cards etc provides professional services integrating new technology
solutions into existing environments.

About Visa

Visa is the world’s leading payments brand and the largest payments system
worldwide. Visa-branded cards generate almost US$2 trillion in annual volume
and are accepted at over 22 million locations around the world. The Visa
organization plays a pivotal role in advancing new payment products and
technologies to benefit its 21,000 member financial institutions and their
cardholders. Visa is a leader in Internet based payments and is pioneering
the creation of u-commerce, or universal commerce — the ability to conduct
commerce anytime, anywhere, over any type of device.


BofA Relocation Card

Bank of America Wednesday announced an innovative stored value card that will give Primacy Relocation clients a new way to manage their money while moving. A Memphis-based company, Primacy Relocation processes more than $1 billion in relocation costs, handling some 20,000 domestic and international relocations a year.

Through its coast-to-coast operation, Primacy offers everything from temporary living and home purchase programs to consultation for corporate relocation program policy and administration.

‘This partnership enables Primacy to offer clients a streamlined money management tool that provides the flexibility and security they desire during the relocation period,’ said Jeff Rankin, senior manager, Corporate and Commercial Card Services, Bank of America. ‘Our relocation card program also addresses the needs of the relocating family providing access to relocation funds through multiple cards.’

Benefits of the Primacy Relocation Card

· Cost Efficient Stored value and prepaid cards offer businesses a solution to the traditional time-intensive expense management process, allowing them to save time and money.

· Safer than cash If the card is lost or stolen, it can be deactivated and the unspent amount can be replaced.

· Convenient Since the card has the Visa logo, it is accepted at more than 22 million merchant locations and more than 620,000 ATMs worldwide.

“We are very excited to be bringing this product to the marketplace with the recognized leader in financial services Bank of America,’ said Matt Spinolo, president, Primacy Relocation. ‘The Primacy Relocation Card, developed by Bank of America and Primacy, provides solutions to problems with traditional lump sum programs. Primacy has long enjoyed a strong relationship with the bank and this new product will add value to our clients and their transferring employees.’

Other benefits of the Relocation Card program being implemented at Primacy Relocation include dedicated program management support, built-in security options, multilingual customer service and Web-based reporting.

About Primacy Relocation

Primacy Relocation, LLC, is a full-service relocation provider that addresses both domestic and international needs for companies throughout the United States. Primacy offers a full range of relocation services, providing turnkey support in home sales, destination services, household goods move management, program administration and international assignment support. In addition to its Memphis headquarters, Primacy has offices in Chicago, Dallas, Sacramento, Los Angeles, and Omaha. For further information, visit Primacy’s Web page at [www.primacyrelo.com][1].

About Bank of America

One of the world’s leading financial services companies, Bank of America is committed to making banking work for customers like it never has before. Through innovative technologies and the ingenuity of its people, Bank of America provides individuals, small businesses and commercial, corporate and institutional clients across the United States and around the world new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever, wherever and however they choose through the nation’s largest financial services network, including approximately 4,400 domestic offices and 13,000 ATMs, as well as 38 international offices serving clients in 190 countries, and an Internet Web site that provides online access for more than 3 million customers, more than any other bank.

Bank of America stock (ticker: BAC) is listed on the New York, Pacific and London stock exchanges. The company’s Web site is [www.bankofamerica.com][2]. News, speeches and other corporate information may be found at [www.bankofamerica.com/newsroom][3]

[1]: http://www.primacyrelo.com/
[2]: http://www.bankofamerica.com/
[3]: http://www.bankofamerica.com/newsroom



Canada’s smallest business operators can
now accept credit cards as a form of payment from their own customers – to
help them grow their businesses. Intuit Canada has introduced the Quicken 2002
Home & Business Credit Card Service through an agreement with SureFire
Commerce, a Canadian-based international provider of secure online transaction
processing services.

Small business owners who work with Quicken 2002 Home & Business can
access this service by filling out a single application. Once approved, they
can accept the world’s most popular credits cards, in-person, online or over
the phone, to improve their client service, increase their revenues and get
paid faster.

“Until now, it was expensive, difficult or impossible for small
businesses to accept credit cards,” says Nancy Hunt, Quicken’s Business Unit
Manager. “By offering their customers more options and flexibility in paying
for services and goods, small business operators can be more competitive.
Getting approval to accept credit cards as a form of payment is no longer a
difficult hurdle. Now, the application is simple. There’s no special equipment
to invest in, and once approved, businesses pay for the service only when they
need it, on a per-transaction basis.

“With the introduction of the new Quicken 2002 Home & Business Credit
Card Service, small businesses now have a very powerful business-enhancing
tool,” says Hunt.

“We’re proud that SureFire’s payment solution has been incorporated into
the 2002 home and business version of Canada’s best-selling personal finance
software,” says Mitchell Garber, Executive Vice-President (Business
Development), SureFire Commerce Inc. “We’re glad to contribute to small
business success in Canada, and we’re honoured to help make Intuit Canada’s
small business tools unique throughout the country.”

Today’s announcement supports Intuit’s “Right For My Business” corporate
strategy unveiled earlier this year. That initiative sees Intuit going forward
to develop very specific products and solutions for very specific business

About Intuit Canada

Intuit Canada Limited is headquartered in Edmonton and has offices in
Calgary, Toronto and Montreal. The company is a leading developer of finance
and business management solutions, including personal finance management,
business management and accounting, and tax preparation software, as well as
Web-based services. Intuit’s products and services include Quicken(R),
http://www.quicken.ca, QuickBooks(R), QuickBooks(R) logiciel
comptable, QuickTax(TM),
ImpôtRapide(R) and QuickWealth Planner(TM). Through Intuit GreenPoint, the
company offers ProFile(TM), professional tax preparation software and ProFile
FP(TM) professional financial planning software. Together, Intuit Canada and
Intuit GreenPoint enable individuals, small businesses and financial
professionals to better manage their financial lives and businesses. Visit
Intuit Canada Limited at
http://www.intuit.com/canada and
Intuit GreenPoint at

About SureFire Commerce Inc.

SureFire Commerce Inc. is a global business-to-business provider of
proprietary e-commerce solutions in the area of secure credit card transaction
processing and merchant enabling. SureFire Commerce is an international
provider of secure online transaction processing services to goods and
services merchants in the areas of retail sales, sports, entertainment and
licensed online gaming, among others. Total transactions processed exceeded
$1.2 billion in fiscal 2001. SureFire Commerce’s merchant enabling solutions
provide telecommunications companies, Internet service providers, high-traffic
portals and financial institutions the ability to generate recurrent revenue
streams for themselves and their small- and medium-sized business customers.
SureFire Commerce is headquartered in Montreal (Quebec) with offices in Hull
(Quebec), Boston (Massachusetts) and London (England).


Missing Children

Hypercom and the National Center for Missing & Exploited Children announced that Hypercom’s ‘ICE’ information and transaction platforms and ‘epicReceipts’ on-receipt advertising software application will be used to further the efforts to locate missing children. Consumers making credit or debit card purchases using ‘ICE’ devices with the ‘epicReceipts’ application will receive a high resolution printed receipt that carries an image of a missing child along with extensive personal details.



Symcor Inc. announced that it has
implemented online delivery of Hudson’s Bay Company’s customer bills.

Symcor was selected by Hudson’s Bay Company to create HTML versions of
its retail bills and transmit them to Canada Post’s epost service for
presentation to customers of The Bay and Zellers who have registered with
epost to receive their bills online.

The service is being delivered using Symcor’s advanced bill and statement
distribution platform that provides billing organizations with the ability to
send customer documents through any channel. This includes paper-based bills
delivered through traditional mail, as well as electronic versions of bills
for presentment at a company’s own website, or for presentment to major bill
consolidators such as eroute’s webdoxs or epost. The platform also delivers
full-fidelity electronic renditions of customer bills and statements to a
company’s internal representatives and third party intermediaries to
facilitate customer service. The solution is designed to accommodate future
delivery channels such as web-enabled cell phones.

Symcor’s customized solution provides Hudson’s Bay Company with the
ability to market to its customers through the electronic bill and generate
traffic to its retail websites. Messages and advertisements typically found in
the printed credit card statements of The Bay and Zellers can be replaced with
hyperlinks in the online bill that take customers directly to the retailers’
websites for additional product and service information. By applying specific
business rules and data modeling analytics, Symcor can also personalize bill
content for the retailers’ individual customers.

“Our main objectives in enhancing our web offerings are to maximize
choice and convenience for our customers, and to strengthen customer
relationships by providing customers with the information they want through
their preferred delivery channel,” said Stephen Knight, Vice-President, Credit
Services, Hudson’s Bay Company.

“Most billers anticipate that online bill presentment will reduce
production costs for billing organizations,” said Jon Hantho, Symcor’s
Customer Communication President. “In our experience, online bill presentment
will also result in better customer service, since customers can make account
inquiries by e-mail directly from their electronic bill, instead of placing a
call to the retailers’ call centres.”

About Symcor Inc.

Symcor Inc. is a North American leader in providing financial transaction
outsourcing services in two key business areas – Item Processing and Customer
Communication. Symcor provides individualized product and service solutions to
customers in the banking, mutual fund, insurance, retail, telecom and utility
sectors. Symcor’s services include cheque, payment processing, application and
Web development, and a full range of customer bill and statement advisory,
design and presentment capabilities. For more information, please visit

About Hudson’s Bay Company

Hudson’s Bay Company, established in 1670, is Canada’s largest department
store retailer and oldest corporation. The Company provides Canadians with the
widest selection of goods and services available through retail channels that
include more than 500 stores led by the Bay and Zellers chains. Hudson’s Bay
Company is Canada’s fifth largest employer with 70,000 associates and has
operations in every province.



Gemplus announced it is showcasing a special smart card interface
accessory, based on GemCore technology, for Palm handheld computers, at
Cartes this week.

The Palm OS platform leads the worldwide handheld OS market with more than
17.5 million Palm OS based devices sold, including more than 14 million Palm
branded handhelds shipped since the introduction of the company’s first
handheld computer in 1996. GemCore based smart card interface has been
to effectively address one of the handheld market’s key concerns: data
security. It brings an additional level of security through enhanced data
encryption and Gemplus have further developed its data beaming security within
the smart card infrastructure. Gemplus estimates that at least 10% of handheld
users are concerned about protecting their data.

In addition to the enhanced security features, smart card also opens up new
applications for Palm handheld users. These include logical and physical
control, ticketing functions and SIM card management. EMV-certified accessory
also enables e-wallet applications for mobile commerce.
In order for smart cards to live up to their promising potential, smart card
readers must be easy for consumers to access and use. In a momentous step for
the smart card industry, the challenge of building the infrastructure
for global smart card adoption is being addressed through collaboration
Gemplus and Palm, Inc.

“We have already made significant in roads into the PC and set-top box market.
Working with the leader in the handheld industry illustrates our strategic
to start targeting mobile devices, as we now have a smart card infrastructure
that is immediately deployable for the mobile device and handheld market.
are a number of opportunities for us to build our brand on new devices and
continue our growth into new markets,” commented Alexandre Lorenzi General
Manager Smart Card Interface Business Division, Gemplus.
“Palm believes Gemplus has a proven track record to address the growing need
for smart card security,” said Jean Marc Sarat, Senior Director of Corporate
Development at Palm, Inc. “Combining Palm handheld ease of use with smart card
security features is an exciting opportunity we will seize to open up new
of applications for our customers.”

About Gemplus

GEMPLUS: the world’s number one provider of solutions empowered by Smart Cards
(Gartner Dataquest 2001, Frost & Sullivan 2001).
Gemplus helps its clients offer an exceptional range of portable, personalized
solutions that bring security and convenience to people’s lives. These include
mobile internet access, inter-operable banking facilities, e-commerce and a
wealth of other applications.
Gemplus is the only completely dedicated, truly global player in the Smart
industry, with the largest R&D team, unrivalled experience, and an outstanding
track record of technological innovation.
Gemplus trades its shares on Euronext Paris S.A. First Market and on the
Stock Market(TM) as GEMP in the form of ADSs. Its revenue in 2000 was 1.205
Billion Euros. It employs 7200 people in 37 countries throughout the world.
Gemplus: Your Passport to the Digital Age

About GemCore

The GemCore solution enables companies to develop in a flash best-of-breed and
low-cost universal smart card interfaces for high-volume use in a wide
range of
electronic devices that include keyboards, computers, set-top-boxes, personal
digital assistants, internet appliances, point-of-sales terminals and vending
GemCore customers benefit from Gemplus’ world-renowned technical
proficiency in
smart card integration as well as in computing and banking certification
processes. Main certifications already obtained by GemCore based devices
include EMV (Europay, MasterCard, Visa), Smart Visa Ready and Microsoft’WHQL
(Windows Hardware Quality Labs).



Proton World announced that its Proton Prisma technology has successfully gone
through a series of technical tests that were designed to ensure international
interoperability of CEPS-based e-purse transactions.

The completion of these tests demonstrates that CEPS are robust, reliable and
ready for implementation by issuers and acquirers on an international basis.
The Proton Prisma technology is also used by Proton World in the Ducato pilot

CEPS were published in 1999 by a group of leading smart card industry players
to provide a global standard for e-purse interoperability. Following
publication, a number of tasks, such as the establishment of type approval
procedures and the upgrading of international networks, network simulators,
terminal and host specifications and issuing systems needed to be completed to
enable the implementation of CEPS-based systems. Card and terminal
manufacturers also needed to develop CEPS-based components that are
retro-compatible with existing e-purse technologies, to facilitate
migration to
CEPS-based systems.

In Ducato, Proton World’s Proton Prisma CEPS technology is used by Banksys and
Interpay. Both organisations also used C-ZAM/Smash terminals from Banksys for
CEPS load and payment transactions. The tests included the processing of
international Visa Cash transactions through VisaNet and Clip transactions
through EPSNet.

Proton Prisma can be implemented on mono-application or multiple-application
cards (combining EMV credit/debit, e-purse, PKI-based identification,
contactless transport ticketing etc.)

Visitors to Cartes 2001 will be able to see demonstrations of CEPS-based load
and purchase transactions performed at the stands of Banksys (A28), Europay
International (D44), Proton World (P44) and Visa International (F30).
Cartes 2001 thus marks the “coming-of-age” of CEPS: they are no longer mere
paper specifications: the demonstrations show that CEPS are robust and can be
successfully implemented on an international basis.