UniCERT Brasil, a joint operation backed by Telsul Communciations and American Bank Note Company, announced that it has become one of the first managed security service providers to receive compliance certification from the Brazilian Central Bank. As a result, UniCERT Brasil can now provide digital certificates for the Brazilian Payment System (SPB), a set of rules governing transactions between banks. These rules will apply to all of approximately 170 Brazilian banks.

UniCERT Brasil easily and successfully met the rigorous standards set forth by the Brazilian Central Bank. As a result, any Brazilian bank can now deploy digital certificates through UniCERT Brasil’s hosted certificate authority, with complete assurance that it will meet the requirements of the SPB.

The Brazilian Central Bank has two primary goals for the SPB. The first is to guarantee the authenticity of other banks through the use of digital certificates, creating a highly secure banking system. The second objective is to accelerate the payment cycle time among the member banks. Currently, banks have to wait several days before funds from other banks can clear. The secure system would allow the banks to automatically deposit funds and have those funds available immediately, as well as promptly check and approve deposits from other Brazilian banks.

UniCERT Brasil, based in Sao Paulo, provides security services for the financial and government markets based on Baltimore Technologies’ UniCERT(TM) Public Key Infrastructure (PKI) system. Baltimore UniCERT is one of the world’s leading Public Key Infrastructure (PKI) systems, providing the confidentiality, authentication, integrity and non-repudiation functions necessary for conducting secure e-business.

“There is a growing need for advanced security solutions in Brazil, particularly in the financial sector,” said Celio Ribeiro, president of UniCERT Brasil. “We are deeply committed to meeting that need with superior services built on industry standards and the best PKI technology available. Baltimore Technologies’ UniCERT is clearly unmatched in PKI technology leadership. The strength of our partnership with Baltimore, combined with our superior service and support, has been substantiated by our rapid completion of the certification process with the Brazilian Central Bank.”

About UniCERT Brasil

UniCERT Brasil is a company focused on the implementation of Public Key Infrastructures (PKIs) for the electronic commerce market. UniCERT Brasil operates a Certificate Authority (CA) with technology developed by Baltimore Technologies, a leading global supplier of security solutions and worldwide leader in the PKI-based electronic security market. The services provided by UniCERT Brazil include:

–Issuing UniCERT digital certificates for integrators and suppliers of PKI Solutions

–Issuing certificates that can be integrated into the solutions developed by companies or users

–Hosting of dedicated servers for Certificate Authorities (CA) of companies or other entities

–Hosting of customers’ critical and confidential files in storage devices located in a physically safe environment

UniCERT Brasil has offices in Rio de Janeiro, Sao Paulo and Porto Alegre.



Nordbanken has signed a two-year contract with Nocom AB for the operation and support of mobile banking services. The new infrastructure is based on Nocom’s e-channel center and its platform MobileCtrl.

“We chose Nocom primarily for their abilities in providing a total undertaking with all the components necessary for good mobile services. Additionally, their solution is well-proven and will give our customers excellent service with full security,” says Lennart Larsson, System Development Manager at Nordbanken.

During the past two years, Nocom has made substantial investments in the development of e-channel center, with the goal of offering businesses a cost-effective way of setting up and administering electronic customer channels. E-channel center is now established on the market with more than 20 major clients within the banking and financial sectors, and the travel and transportation industries.

“E-channel center is an important part of our product portfolio and reflects our tradition of innovative IT-solutions, service and long-term responsibility. That we have now been entrusted by the leading bank in the Nordic region is proof that our e-channel center is up to standard for the most demanding mobile services,” says Stefan Skarin, CEO at Nocom.

Nocom AB (OMX:NOCMb.) helps its customers to navigate profitably through technology shifts and to maximize the business benefits of having information available on user terms. Nocom’s operations are carried out in three business units – Nocom Communications, Tradevision and Nocom Travelutions. Nocom’s operations are directed from main offices in Uppsala with offices in Stockholm, Gothenburg, Oslo, Helsinki, Copenhagen, Riga, Warsaw, Frankfurt, London and Los Angeles. Nocom shares have been traded on the Stockholm Stock Exchange O List (NOCM-B) since 1999.


HHonors Promotion

Hilton HHonors, the only guest reward program in the world that allows members to Double Dip to earn Points & Miles for the same stay, is offering double miles this fall.

From Sept. 1 through Nov. 15, 2001, members can earn twice as many airline miles for each Double Dip stay after one initial Double Dip stay during the promotion availability period. In addition, travelers who charge their Double Dip stay to their Visa(R) card will earn 1,000 HHonors bonus points for each of these additional stays at all HHonors hotels worldwide.

Participating hotels include Hilton, Conrad, Doubletree, Embassy Suites Hotels, Hampton Inn, Hampton Inn & Suites, Hilton Garden Inn and Homewood Suites by Hilton. All HHonors airline partners are participating in the promotion. “In our opinion, there’s no better way to help our customers reach their travel goals faster than by offering them Points & Miles for each stay,” said Jeffrey Diskin, president and chief operating officer of Hilton HHonors Worldwide. “But by doubling the amount of miles and increasing the number of bonus points our members can earn, HHonors is making it even easier for them to earn that extra vacation.”

About Visa

Visa is the world’s leading payment brand and the largest consumer payment system worldwide. Visa-branded cards generate almost US$2 trillion in annual volume and are accepted at more than 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 any time, anywhere, over any type of device.

About the HHonors Program

Hilton HHonors is a guest reward program that gives frequent travelers a faster way to earn the rewards they want most. Enrolled members can earn Points & Miles for the same stay, at nearly any rate, a benefit HHonors calls Double Dipping(R). Points & Miles are available at more than 2,100 participating Hilton, Conrad, Doubletree, Embassy Suites Hotels, Hampton Inn, Hampton Inn & Suites, Hilton Garden Inn and Homewood Suites by Hilton hotels around the world. In addition, HHonors is the only guest reward program that allows its members to exchange airline miles for hotel points and vice versa with selected airlines.

Because of the unmatched flexibility, generosity and value offered by HHonors program features, as well as the many attractive promotions that HHonors offers each year, the program has been recognized with numerous travel industry awards.

Membership in Hilton HHonors is free. Travelers may enroll online by visiting [][1]. Or, to enroll instantly in the program and make reservations, consumers in the United States and Canada may also call 800/HHONORS. Outside the United States and Canada, travelers may call the Hilton Reservations Worldwide office in their area.

Travelers also may pick up an enrollment form with a membership card at any participating Hilton, Conrad, Doubletree, Embassy Suites Hotels, Hampton Inn, Hampton Inn & Suites, Hilton Garden Inn or Homewood Suites by Hilton hotel around the world.

Hilton Hotels Corp. and Hilton International, a subsidiary of Hilton Group plc, have a worldwide alliance to market Hilton, the world’s best-known hotel brand. Collectively offering more than 2,300 hotels in more than 60 countries worldwide, both companies are recognized as leaders in the hospitality industry. Hilton International currently operates more than 380 hotels in more than 60 countries worldwide.




Infocorp Computer Solutions Ltd., a leading provider of revenue management and electronic service
delivery solutions for e-government and e-retail, announced a
restructuring plan to reduce costs and focus resources on sales and marketing

As part of the restructuring, staff at the Company’s head office in
Winnipeg will be reduced by approximately one-third. The company’s
administrative head office and related functions will move to Infocorp’s
Toronto office. In addition, a significant portion of software product
development and support will be outsourced to Design Expo, a software product
development firm in India that is also a member of the Group of
Companies, which will result in further savings.

Restructuring efforts are being undertaken to bring financial results in
line with management’s expectations as softened demand for technology in the
retail sector and the deferral of certain key government projects have
impacted profitability.

“Infocorp is strongly committed to intensifying sales and marketing
efforts to increase awareness of our industry-leading products and solutions,”
said Dwayne Mathers, CEO of Infocorp. “With the cost saving initiatives and
the sales opportunities that we are targeting, our objective is to bring the
Company to break-even by year-end.”

Effective immediately, Khurram Quereshi is appointed Chief Financial
Officer of Infocorp and will assume the responsibilities of former Vice
President, Finance Doug Marrin, who will continue to assist the Company in its
transition toward profitability.

About Infocorp

A member of the Group of Companies, Infocorp (TSE: INP) is a
leader in the design and delivery of state-of-the-art revenue management
solutions for governments and specialty retailers. Infocorp’s solutions enable
product and service delivery, workflow automation, and payment transaction
processing through multiple delivery channels including over-the-counter,
Internet and kiosks. Its core e-government product, Access2Gov (formerly
POS+), has been installed in a variety of state, provincial and municipal
departments, and is a key component of electronic service delivery solutions.
Its core retail product, Softwear/P.O.S., is installed on over 10,000
workstations in retail organizations around the world, and is a fully
integrated retail management system, from point-of-sale to customer
relationship management and back office automation. Infocorp’s offices are
located in Canada and USA.

About Inc.

Founded in 1986, . (TSE: ESP.a and ESP.b ) is a leading
developer of electronic payment systems and transaction processing solutions,
including e-commerce applications with a focus on the financial services
industry. provides real-time end-to-end e-banking solutions that
include Internet banking, interactive voice recognition (IVR), debit and
credit card issuing, automated teller machines and point-of-sale network
management, retail branch management, and e-CRM enabling technology. also provides investment brokerage client and portfolio management
applications for the brokerage industry; e-health solutions which enable
health insurance claims to be evaluated at the point of service, processed and
settled in real time; and e-government solutions, which enable consumers to
pay fees for government services in person, at kiosks, through IVR or the


ATM Crash

Citibank’s ATM and debit card system is up and running this morning after experiencing a number of crashes this week. The ATM/POS network first crashed Tuesday night for 4.5 hours and then went down again Wednesday morning. However POS debit card was down nearly all day Wednesday. About two million cardholders were affected by the problems, which were blamed on software.



VendTek Systems Inc. announces that it has entered into a co-operation agreement with Visa
International, Latin America and Caribbean Region to promote VendTek’s smart
card LVD terminal and Visa Cash among Visa Member banks in the region.

Visa Cash is a chip-based electronic purse card that offers consumers
a fast and convenient way of making low value purchases, such as a cup of
coffee, newspapers, pay phones and public transportation.
The Company also announces that Visa International has purchased five of
VendTek’s smart card LVD terminals to reload value onto Visa Cash

“Visa International has been a supporter and promoter of the LVD concept
from inception,” says VendTek President Paul Brock. “Visa recognizes the value
of our self-serve smart card load from cash and vend infrastructure as an
important element in building on the success of their Visa Cash product.
To-date we have sold the LVD system to Visa International and the Banco de
Costa Rica for a transit application in San Jose, Costa Rica, where it has
proved very successful. The purchase of LVD stations by Visa International
for live use and demonstration will significantly raise the exposure and
profile of the LVD product.”

About the smart card LVD

Smart cards are secure “electronic purses” that enable consumers to
purchase goods quickly and conveniently in an off-line transaction. VendTek’s
LVD is a flexible, self-serve platform that allows for reloading a smart
card from cash, credit card or associated account and the purchasing of a
card; it is the only self-serve reload from cash platform approved by Visa
International, Latin America and Caribbean Region, for the TIBC v1.0 smart
card operating system.

About VendTek

VendTek uses its expertise in payment and self-serve technologies, smart
cards and networking to develop systems for transaction automation. VendTek’s
secure proprietary systems reduce shrinkage, improve access for consumers,
increase the number of selling outlets and selling hours, and enhance overall
security making the systems superior to traditional distribution and
alternative channels.

About Visa International

Visa is the world’s leading payments brand and the largest payments
system worldwide. Visa-branded cards, over one billion, generate more than
US$1.8 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.
Visit Visa, Latin America and Caribbean Region at


Card Stocks

While Providian’s stock fell another 5% yesterday, the spillover to other monoline stocks settled down. MBNA also released preliminary data yesterday to counter claims the credit card business is wavering in the face of a sluggish economy. MBNA and Capital One moved down slightly, while Household and Metris picked up a few cents. NextCard dropped another 2.5%. Providian closed at $28.90, now trading at 43% of its 52-week high. MBNA says it has added 1.5 million new accounts during July and August and has increased loans by $2.2 billion since June 30. MBNA also noted that managed loan losses in July and August were comparable to second quarter levels and are stable. On Monday, Providian lowered its earnings estimates for the year, citing a recent slowdown in customer purchase activity, softer loan demand relative to expectations, and ongoing credit tightening by the Company. However Providian expects to report an improvement in the 10.29% chargeoff rate for the third quarter.The news dropped Providian’s stock by more than 22% on Monday. (CF Library 9/4/01)



Trintech Group Plc, a global provider of secure payment infrastructure solutions for real world, Internet and wireless environments, announced St.George Bank Limited as the first company in Australia to employ their innovative payment dispute resolution software, PayWare Resolve. This solution was implemented through a partnership with eFunds International Limited (NASDAQ: EFDS) who are a leading provider of electronic payment solutions and professional services to financial institutions, financial services companies and retailers. eFunds is the sole regional reseller in Asia Pacific for Trintech’s PayWare Resolve line of products, which integrates with the eFunds DataNavigator solution.

The St.George Bank implementation will significantly streamline the bank’s management of disputed payment transactions, known as chargebacks, allowing the bank to reduce costs, increase productivity and improve customer service levels. The PayWare Resolve suite of products includes solutions for automated payment dispute resolution, as well as fraud and risk management for issuers, financial transaction processors, acquirers and merchants.

St.George has licensed PayWare Resolve IS – a chargeback management system for issuers and processors – and PayWare Resolve AS to handle chargeback management for acquirers, processors and merchants. At St.George, these solutions will combine with eFunds DataNavigator, allowing staff to more efficiently handle disputes and exceptions.

St.George CEO and Managing Director Ed O’Neal said prior to implementing PayWare Resolve that the bank relied on a manual, paper based system to manage chargeback processing.

“As part of our endeavor to reduce the time and costs associated with chargeback management, St.George has been investigating several software options that would fully automate this process for us. We believe Trintech’s PayWare solutions interfaced with our existing DataNavigator solution from eFunds will enable us to achieve significant cost efficiencies within the issuing and acquiring side of the business,” Mr. O’Neal said.

eFunds’ Chairman and CEO Gus Blanchard said the combination of DataNavigator and PayWare Resolve delivers a powerful chargeback management solution. “The PayWare Resolve solutions have the payment organizations regulations built into the system enabling St.George to benefit from reduced staff training time, consistent handling of disputes as well as increased productivity,” he said.

“We are pleased that our existing skills, solutions and business relationships are allowing St.George Bank to achieve its productivity and cost saving goals,” Mr. Blanchard said.

Trintech CEO John McGuire explained that “PayWare Resolve cuts the time and cost of processing exceptions and disputes, while providing sophisticated management information that helps reduce those that do occur,” he said.

“We are delighted to be working in partnership with eFunds in Asia-Pacific and to have St.George as our first Australian site for PayWare Resolve. We believe that they will realize the same benefits of increased productivity and improved customer service that existing customers of our software are already enjoying,” Mr. McGuire continued.

PayWare Resolve Product Overview
Trintech’s Chargeback Systems (The PayWare Resolve product suite) for acquirers, issuers, processors and merchants automates the exception management process from end-to-end, increasing processing efficiency and creating more opportunities for greater customer care.

PayWare Resolve combines a powerful decision-support environment with compliant dispute regulations to enable optimum management of the entire chargeback process using an easily understood graphical user interface, for swift and informed decision-making.

The essential difference between PayWare Resolve and other exception management systems is its built-in knowledge of national and international chargeback regulations. The chargeback regulations for VISA and MasterCard/Europay have been encoded into the application so that the system can recommend the appropriate action and chargeback reason codes for each case, replacing the need to navigate a series of intricate paper trails and complex and changing regulations. Combined with the solutions ease of use, this dramatically reduces the average training time for new staff to be fully operational.

About Trintech

Founded in 1987, Trintech is a leading provider of secure electronic payment infrastructure solutions for card-based transactions for physical world commerce, eCommerce and mobile commerce. The company offers a complete range of payment software products for credit, debit, commercial and procurement card applications, as well as being a world leader in the deployment of payment solutions for Internet commerce that are fully SSL and SET compliant. Trintech’s range of scalable open systems architecture solutions for UNIX® and Windows NT platforms covers consumer, merchant and financial institution requirements for physical payments and the emerging world of electronic commerce.

Trintech can be contacted in the U.S. at 2755 Campus Drive, San Mateo, CA 94403 (Tel: 650-227-7000) and in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel: 353-1-207-4000).

Trintech can be reached on the Web at

About St.George

St.George Bank Limited, Australia’s fifth largest bank, has a unique place in the Australian financial services market. At the Bank’s core is a close relationship with its customers and this remains the cornerstone of future strategies, an important tradition that distinguishes St.George from other large Australian banks.

Founded in 1937 as a housing-based financial institution, St.George built a reputation as Australia’s foremost building society, before achieving full banking status in July 1992.

St.George expanded its services to commercial customers in 1994 when it acquired the Commercial Banking Division of Barclays. This move made St.George a full service bank.

About eFunds International

Based in the UK, eFunds International Limited is the European operation of eFunds Corporation.
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. The company’s software solutions include: eFunds Internet Financial Management (IFM) product range, providing Internet banking solutions tailored for the retail, small business and corporate segments of a bank’s customer base; CONNEX*, which offers ATM and POS electronic funds transfer driving, switching, authorisation and settlement services to banks and financial networks; DataNavigator*, a back-office solution for the post-processing of retail electronic transactions; and Architect, a strategic middleware hub for enterprise application integration.

For more information, visit