AT&T Wireless has signed a multi-year contract to enable AT&T ‘Free2Go’ wireless customers to use the Western Union ‘SwiftPay’ service. Next month, ‘Free2Go’ customers will be able to present the ‘SwiftPay’ card at nearly 40,000 Western Union agent locations around the country to replenish their prepaid minutes. Payments may be made in variable amounts over $25, in $1.00 intervals. The ‘SwiftPay’ service facilitates consumer pre-payment for any services or products where pre-payment is a requirement or an option.Details
ActivCard the leading provider of smart card and digital identity provisioning products and technology announced that its ActivCard Gold version 2.0, the second generation of its standards-based smart card software, has been selected for deployment by the Department of the Navy and the Navy’s Space and Naval Warfare Systems Command.
ActivCard was the first vendor to deliver smart card software compliant with the GSA Smart Access Common Identification Interoperability specification. Now, working with the GSA and its prime contractors, including Electronic Data Systems (EDS), ActivCard’s solution has been selected for deployment. ActivCard Gold v2.0 is tightly integrated with the ActivCard smart card and digital identity provisioning and issuance solution deployed by the Defense Manpower Data Center (DMDC). This system is being used to issue Common Access Cards (CACs) to over 4 million Department of Defense (DoD) uniformed services personnel, civilian employees, and eligible contractors.
“Our partnership with ActivCard began at the DMDC in 1999 and has evolved to include projects both within the DoD and in other large scale deployments of smart cards outside of the DoD,” said Joe Rozmeski of EDS. “Interoperability and ActivCard’s support of the GSA standards have been key in our successful partnership.”
The DOD has employed ActivCard as one of its vendors for two distinct, but interoperable solutions for the CAC program — the smart card issuance software and the smart card usage software. The first, announced on October 10, 2000, delivered the smart card and digital identity provisioning and issuance system currently being used by the DMDC to issue CACs throughout the DoD. The second, announced today, is for the end user workstation software required by individual DoD components, such as the Navy, to use the card for increased security through digital identity, network login, digital signature, and employee information management. While the two solutions are independent, especially from an acquisition and deployment perspective, they interoperate seamlessly in compliance with CAC interoperability specifications.
“ActivCard has become the vendor of choice among leading public- and private-sector organizations, as evidenced by a series of wins and implementations,” said Senior Vice President Tom Arthur. Recent developments include ActivCard’s role in the DoD CAC program, the DMDC’s selection of ActivCard smart card and digital identity provisioning technology, and ActivCard’s selection by the leaders in network computing including Hewlett Packard and Sun Microsystems for their own internal smart card deployments. And not only is ActivCard Gold v2.0 being selected for initial deployments within the Navy and the DMDC, it continues to be evaluated by several other DoD organizations.
ActivCard, a leader in digital identity and electronic certification technology, delivers core components required to enable next generation e-Business communications and transactions. ActivCard solutions, in conjunction with the applications support for public key-based data confidentiality, and integrity, allow individuals and businesses to perform secure online transactions over the Internet with the ease-of-use of an ATM transaction. Today, more than 2 million people use ActivCard products for secure Internet banking, Web access and remote access to corporate networks. ActivCard has headquarters in Fremont, California, and Suresnes, France with worldwide operations in Australia, Germany, Japan, Sweden, Singapore, the United Kingdom and the Netherlands.Details
Pitney Bowes Inc. announced a new partnership between two of its rapidly growing product suites: docSense, which offers electronic bill presentment and payment, and PitneyPay, a comprehensive Internet payment solution. By merging their respective technologies, PitneyPay and docSense are meeting increased market demand for end-to-end billing and payments solutions and working together to develop innovative eCommerce tools. Founded in 1920, Pitney Bowes has become the leading global provider of mail and document management solutions, and has gained an unparalleled knowledge of bill creation and distribution. The company manages billions of dollars in postal payments on an annual basis, and has an established history of facilitating international payments and equipment leases. As a result, Pitney Bowes has become one of the world’s most established and trusted business-to-business intermediaries. By bridging company’s invoicing experience and its financial services capabilities, Pitney Bowes has created a complete eBusiness service offering, making it one of the formidable players in the burgeoning online billing and payment space. “Pitney Bowes’ established history as a print service bureau, and an installed base of paper billers provides the firm with significant industry knowledge and recognition,” said Andrei Arkhipov, financial technologies analyst, Aberdeen Group. “Pitney Bowes has gained the technology to be considered one of the premier invoicing and payment solutions providers in its targeted markets. Besides the technology edge, the firm’s income statement and balance sheet make it a powerful Internet invoicing force, which many will find hard to reckon with.”
The e-billing component of this partnership, Pitney Bowes docSense, serves the needs of large companies transitioning their current paper-based billing and statement processes to web-enabled delivery. The core bill presentment solution, Digital Document Delivery (D3), provides B-to-B and B-to-C payers with necessary tools to maintain workflow and access control, and allow for more efficient review and approval. D3 is offered to major billing organizations under a software license or as a hosted service. Through the payment component, PitneyPay, users can respond to Electronic Bill Payment and Presentment (EBPP) or Electronic Invoice Payment and Presentment (EIPP) by sending or receiving payments as an ACH Debited payment, escrow, or any combination of payment/escrow, to securely execute payments online. PitneyPay is capable of dispensing simultaneous payments to multiple vendors associated with the transaction through its web-based integrated payment routing system. “Over the past year, we have been developing our transaction capabilities and now have one of the most secure and versatile online payment engines available,” said Michael Ryan, Vice President PitneyPay. “By teaming up with docSense, we will expand the breadth of our offering to provide our customers with a more complete solution for their eBusiness transactions.” Working together, docSense and PitneyPay will support both divisions’ customers to improve the levels of service provided. Both D3 and PitneyPay are XML-compatible and fully compliant with integration standards of most Internet players. Furthermore, D3 can support multiple languages, making it possible to conduct International commerce. The two support a broad spectrum of online transactions by businesses, consumers and governments will be able to attract new customers in multiple markets.
About Pitney Bowes
Pitney Bowes Inc. is a $4 billion global provider of integrated mail, messaging and document management solutions headquartered in Stamford, Connecticut. The company serves over 2 million businesses of all sizes through dealer and direct operations. Pitney Bowes Capital Services, through its PitneyB2Bcapital suite of products and services, is rapidly becoming a leading facilitator of online financial services. PitneyB2Bcapital offers real-time, secure transactions using innovative proprietary technology, providing buyers and sellers with the security of a trusted third party. Pitney Bowes docSense is the company’s global provider of premier solutions for the creation and distribution of efficient and effective documents in paper and digital form For additional information about Pitney Bowes, please visit our Website at [http://www.pitneybowes.com]. Contact: A.J. Goodman PR21 212-299-8986 email@example.com Kelly O’Brien Pitney Bowes 203-922-4291 kelly.o’firstname.lastname@example.org Scott Gerschwer PitneyBowes docSense 203-739-3163 email@example.com
Gemplus International S.A and, the leading provider of solutions empowered by smart cards, announced today that the
United States Court of Appeals for the Ninth Circuit has issued an opinion in the Humetrix v. Gemplus appeal. The opinion
affirms the judgment of the Federal District Court in San Diego against Gemplus in the amount of 15 million dollars U.S., with
interest to be determined. The judgment of the District Court arose from an action filed in February of 1996, based on alleged
breach of contract and tortious interference with contract arising out of an alleged oral partnership to distribute smart cards
to the United States healthcare market.
The company is analyzing the court’s decision and is evaluating its alternatives for further proceedings.
GEMPLUS: the world’s number one provider of solutions empowered by Smart Cards (Gartner Dataquest 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
Gemplus is the only completely dedicated, truly global player in the Smart Card 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 Nasdaq Stock Market(R) as GEMP in the form of
ADSs. Its revenue in 2000 was 1.205 billion Euros. It employs 7800 people in 37 countries throughout the world.
A new card has been launched this week that goes beyond the privilege of having keys to the executive washroom. The new ‘Marquis Private Jet Card’ entitles its holders to 25 hours of flight time annually in a private jet. The card provides access to NetJets, the fractional aircraft ownership program of Executive Jet, Inc. ‘Marquis Private Jet Card’ owners are guaranteed on-call availability of their aircraft 365 days a year at over 5,000 North American and European airports. The ‘Jet Card’ program offers short-term pre-paid leases in 25-hour increments, ranging from $109,000 to $255,000 depending on the aircraft selected. Aircrafts available in the program include the ‘Citation V Ultra’, ‘Citation Excel’, ‘Hawker 800XP’, ‘Citation X’, and ‘Falcon 2000’.Details
Coinstar Inc. announced the appointment of David Cole as its new chief executive officer. Cole, who was unanimously selected by Coinstar’s board following an extensive nationwide search, brings more than 30 years of leadership, operations, and sales management experience to Coinstar.
For the past 11 years, Cole has served as president of two leading private-label manufacturing companies, The Torbitt & Castleman Company, a $130 million manufacturer of specialty food products, and Paragon Trade Brands, a leading manufacturer of private label disposable diapers and a former subsidiary of Weyerhaeuser. While at Paragon, Cole was part of a management team that led the company through its initial public offering on the New York Stock Exchange. In addition, Cole has worked for several well-known consumer packaged goods companies. “David is a great complement to Coinstar’s already strong management team,” said Coinstar chairman, Ron Weinstein. “His consumer products experience and his work with leading North American and European retailers makes him a perfect match for Coinstar.”
“Coinstar is a great cash generating business with many exciting growth opportunities,” said David Cole, newly appointed CEO of Coinstar. “I look forward to joining the team as we expand the core business and leverage our existing infrastructure through the introduction of new products and services.”
In addition to serving as CEO, Cole has been appointed to Coinstar’s board of directors. He also serves on the boards of Paragon Trade Brands and Changing Paradigms LLC.
About Coinstar Inc.
Coinstar owns and operates the only nationwide network of supermarket-based machines that offer coin counting and other electronic services. Linked by a sophisticated interactive network, the company has nearly 9,000 machines throughout North America as well as in the United Kingdom.Details
Experian, a global information solutions company, announced that it has expanded its relationship with eFunds Corporation, a leading provider of electronic payment, risk management, and related professional services. Experian will continue to use debit data from eFunds’ DebitBureau database in prescreen segmentation and suppression offerings, emerging consumer identification and assessment products, portfolio management, scoring tools and on-line reports.
Under the terms of the renewed agreement, Experian will increase the use of eFunds’ comprehensive debit information in such offerings as its Cross View Solutions suite of services. Validated through the performance of multiple tests on millions of records, Cross View Solutions utilizes the convergence of debit and credit data to provide a unique and more thorough view of consumers where limited credit data is available.
“Our relationship with eFunds has been very beneficial because it has helped our customers identify credit-worthy consumers who have not yet established significant credit history,” said Don Robert, president of Experian’s information solutions business unit. “Our customers are pleased because they have improved risk assessment and screening, and consumers are happy because they’re able to participate in the full economy and have greater access to credit offers.”
The most comprehensive source of debit data available, DebitBureau contains more than three billion records related to checking and savings account opening and closing information, checking account collections data, overdraft histories and check order histories. DebitBureau is growing at a rate of about 31 million records a month, receiving information from more than 82,000 retail locations, 88,000 financial institution locations and other sources.
“The acquisition of new consumers is essential to our customers business,” said Peg Smith, president of strategic business development at Experian. “As pioneers in database development and marketing, we’re pleased to see a widening industry acceptance of the use of debit data as a complement to credit data in the determination of the credit-worthiness of prospects, particularly among emerging populations.”
“Combining credit and debit data provides a much clearer financial picture of the consumer,” said Terry Kuester, president of eFunds’ Financial Services division. “Experian’s customers will be able to make better decisions about the consumer, and the consumer will have access to more financial services.”
Experian enables organizations to find the best prospects and make fast, informed decisions to improve and personalize relationships with their customers. It does this by combining sophisticated and intelligent decision-making software and systems with some of the world’s most comprehensive databases of information on consumers, businesses, motor vehicles and property. Through multi-channel delivery of its Web-based products and services, Experian enables its clients to conduct secure and profitable e-business and develop state-of-the-art customer relationship management (CRM) systems for communicating and building relationships with customers. Experian is a subsidiary of GUS plc and has headquarters in Nottingham, UK, and Orange, California. Its 12,000 people support clients in more than 50 countries. Annual sales are approximately $1.5 billion.
For more information, visit the company’s web site at .
eFunds delivers innovative, reliable and cost-effective technology solutions to meet its customers’ payment and risk management, e-commerce and business process improvement needs. eFunds provides its services to financial institutions, financial services companies, electronic funds networks, retailers, government agencies, e-commerce providers and other companies around the world. For more information, visit .Details
Global Payments Inc. announced
today that it has closed the transaction with National Bank of Canada
announced on June 27, 2001. Global has acquired the merchant services
business of National Bank of Canada and has formed a ten-year marketing
alliance to offer MasterCard credit and debit card payment products and
services to National Bank’s customers. This transaction makes Global Payments
the largest publicly-traded, independent MasterCard and Visa acquirer in
Canada and will give Global Payments the capability to provide Canadian
businesses one source for all of their Visa, MasterCard, debit and other
payment processing requirements.
The combined operations of Global and National Bank’s Canadian business
include processing 2.7 billion transactions annually from approximately
1,000,000 merchant locations in North America.
“Canadian merchants now have enhanced convenience and simplicity for all
of their credit and debit processing needs through Global Payments new
expanded services,” said Global Payments’ President and CEO, Paul R. Garcia.
“This transaction also marks another key milestone in our Canadian growth
strategy targeted towards improving products and services resulting in
enhanced revenue and earnings growth opportunities.”
Global Payments Inc. is a leading provider of electronic transaction
processing services to merchants, Independent Sales Organizations (ISOs),
financial institutions, government agencies and multi-national corporations.
Global Payments offers a comprehensive line of payment solutions, including
credit and debit cards, business-to-business purchasing cards, gift cards,
check guarantee, check verification and recovery, terminal management and
funds transfer services.
TeleCheck Services, Inc., the world’s leading check acceptance company and a subsidiary of e-commerce and payments leader First Data Corp., announced that it is now providing its Check Guarantee service to Borders Group, Inc., operators of more than 350 Borders Books and Music superstores and over 850 Waldenbooks locations nationwide.
“Outsourcing the check acceptance process — from authorization to collections — to TeleCheck allows Borders Group employees to spend more time taking care of customers,” said Randy Rutledge, chief marketing officer, TeleCheck Services, Inc. “TeleCheck’s Guarantee service makes it safer and easier for merchants to accept checks by eliminating risk and streamlining operations.”
TeleCheck helps its customers reduce the risk of accepting checks by providing access to the industry’s largest and most accurately maintained databases and risk management systems. Through the use of sophisticated risk scoring models, that utilize proprietary neural net and scorecard technologies, TeleCheck can predict with unmatched accuracy the probability of a check being good.
“The TeleCheck Guarantee service allows Borders and Waldenbooks stores to increase efficiency by making the check authorization process faster at the point of sale, and by reducing the amount of time and money spent on check fraud and collecting returned checks,” said Gregg Bodnar, vice president of finance for Borders Group. “With TeleCheck, merchants can accept checks and build business by offering a secure check acceptance policy.”
“More national retailers like Borders Group are beginning to realize the advantages of completely outsourcing the check acceptance process,” said Rutledge. “TeleCheck takes responsibility for returned checks, allowing the merchant to fully concentrate on customer service and increasing sales.”
About TeleCheck Services, Inc.
TeleCheck Services, Inc., a subsidiary of Denver-based First Data Corp., is the world’s leading provider of paper and electronic check services, helping more than 272,000 retail, financial institution, grocery and other industry clients to increase their profitability, reduce risk and streamline operations. TeleCheck’s check acceptance and electronic check commerce solutions help businesses safely and efficiently accept payment at the point of sale, by telephone, over the Internet, and through timed or recurring ACH payments. TeleCheck services are offered through a sales and service network in more than 90 cities in the United States and in Canada, Puerto Rico, Australia and New Zealand. In 2000, TeleCheck authorized more than $163 billion in checks, representing nearly 3.2 billion transactions. For more information about TeleCheck, visit the Internet site at .
About Borders Group, Inc.
Borders Group, Inc. (NYSE: BGP), is a FORTUNE 500 company that trades on the New York Stock Exchange under the symbol BGP. We are a leading global retailer of books, music, movies and other related items. Headquartered in Ann Arbor, Michigan, through its affiliates, Borders Group operates 350 Borders Books and Music stores in the U.S., as well as 17 International Borders stores, 850 Waldenbooks locations and 32 U.K.-based Books etc. stores. Borders Group employs more than 30,000 people worldwide and last year posted revenues of $3.3 billion.
About First Data Corp.
First Data Corp., with global headquarters in Denver, powers the global economy. Serving approximately 2.6 million merchant locations, more than 1,400 card issuers and millions of consumers, First Data makes it easier, faster and more secure for people and businesses to buy goods and services, using virtually any form of payment: credit, debit, smart card, stored-value card or check at the point-of-sale, over the Internet or by money transfer. For more information, please visit the company’s Web site at .Details
Greenland Corporation announced that B.E.S.T., Inc., a leading national check cashing point-of-sale systems and services provider has agreed to be the first third-party check cashing software company to develop an interface to Check Central Solutions, Greenland’s recently released automated check cashing transactions processing system.
T.A. “Kip” Hyde, Jr., President and CEO of Greenland stated, “Independent check cashing businesses have asked for a stand-alone, turnkey solution that can be easily installed into their stores. B.E.S.T., Inc. has sold and installed over 4,000 POS systems to check cashing services providers across the country and worldwide. Establishing this first reseller and software development relationship with B.E.S.T. represents the completion of another major milestone in Greenland’s ability and plan to satisfy this market demand.”
The Check Central Solutions product is designed so that financial services providers of any size, from one store to hundreds, can integrate Greenland’s MAXcash(TM) Automated Banking Machine(TM) (ABM(TM)) kiosk seamlessly into their current operations. The back-office check approval system can be used locally in each store, or, large check cashing operators can install a network solution connected to a central processing center, with either product type linked to the B.E.S.T. POS system and the operator’s proprietary customer database.
“B.E.S.T. is a well recognized technology and market leader, and its customers stand to benefit enormously from this strategic alliance. With a turnkey single store package, including an ABM and PC-based teller system that they control, now available as a low-cost entry into the market, store operators can generate new sales and peak-customer-load management savings virtually immediately, while remaining competitive to emerging off-site providers,” continued Hyde.
Masis Sarkisian, President of B.E.S.T., Inc. added, “The direction in self-service check cashing that Greenland is presenting to the industry fits squarely with our business objectives of providing the very best in products and services to our thousands of customers. Combined with the technologies that B.E.S.T. has recently developed and released in card-based payment processing and wire transfer services, this relationship represents an unsurpassed transactions revenue opportunity for our financial services customers.”
Mr. Sarkisian added, “Our review of Greenland’s Check Central Solutions system and MAXcash ABM kiosks, indicated that they represent an excellent value and new revenue opportunity for our customers. We look forward to providing several new fully integrated self-service software and systems products and services for our customers in this turnkey environment.”
Hyde concluded, “We are very pleased to form this initial strategic technology and business relationship with B.E.S.T. to become the premier self-service solutions provider to B.E.S.T.’s large established customer base. The related revenue potential makes this an outstanding opportunity for our shareholders to realize significant long-term value from the Check Central technologies. The future for the check cashing industry is here, and we are pleased to work with the B.E.S.T. team to provide the ‘best’ solutions.”
About Greenland Corporation
Greenland Corporation is a holding company whose wholly owned subsidiary, Check Central, is the developer and manufacturer of the MAXcash(TM) Automated Banking Machine(TM) (ABM(TM)) and related Check Central Solutions(TM) transaction processing systems software designed to provide self-service check cashing, ATM functionality, phone card and money order dispensing, as well as the capability for additional future products and services. The Company’s common stock trades on the OTC Bulletin Board under the symbol “GLCP.” Visit Greenland Corporation on the Internet at .
About B.E.S.T., Inc.
With over 4,000 clients worldwide, B.E.S.T. is a leading national check cashing solutions provider, providing PC-based software systems to the financial services industry since 1982. As an essential services provider, B.E.S.T. is well recognized in the check cashing industry for introducing new payment technologies, and developing innovative financial services solutions. B.E.S.T. is a privately held, Chicago, Illinois-based company.Details
Houston-based Cardtronics has completed its acquisition of McLane Financial Services Plus, a subsidiary of McLane Company, a TX-based food distributor. Under terms of the deal, Cardtronics will take ownership of approximately 1,100 installed ATM machines and manage the contracts of the existing customer base. Customers of McLane FSP include several major petroleum retail outlets. Cardtronics now operates a network of more than 6,400 ATMs nationwide, handling approximately 91,000 transactions daily. Over the next six months the McLane FSP name will transition to Cardtronics. Operations will continue out of the current headquarters in Temple, Texas with ten McLane employees joining Cardtronics.Details
InteliData Technologies Corporation announced that Central Corporate Credit Union, Empire Corporate Federal Credit Union, Southwest Corporate Federal Credit Union, and SunCorp Corporate Credit Union have launched their respective Electronic Bill Payment service utilizing InteliData’s Interpose Payment Warehouse System.
The four corporate credit unions joined forces over a year ago to offer a premier suite of e-commerce products to their member credit unions. They provide services to approximately 3,000 consumer credit unions.
InteliData serves as an Application Service Provider (ASP) of electronic bill payment technologies to the four corporate credit unions providing warehousing, routing and processing of consumer payments. This flexible solution facilitates rapid implementation of the corporate credit unions’ many member credit unions.
“InteliData recognizes the close relationships that credit unions maintain with their members. We can help enhance these relationships with our user-friendly bill payment solutions,” said Al Dominick, President and CEO of InteliData. “Our pioneering advancements in the Electronic Bill Payment and Presentment marketplace allow us to provide the most advanced bill payment and presentment products to credit unions and other financial institutions.”
With a client list that includes 21 of the top 50 banks, InteliData offers Spectrum certified EBPP products to banks, credit unions and financial institution processors. InteliData also provides the most advanced, complete end-to-end EBPP solutions that power financial institution’s Internet banking, payment and presentment and online credit and bankcard transactions. Headquartered in Reston, Virginia, USA, InteliData is publicly traded (Nasdaq: INTD) and its business partners include Spectrum EBP, ALLTEL and other industry leaders. For more information, visit the company’s web site at .Details