MC TV Guide

Gemstar-TV Guide International Inc., the nation’s premier provider of Interactive Program Guide services, announced the addition of three major national advertisers to its IPG roster. These include MasterCard International, The Clorox Co. and HotJobs.

Gemstar-TV Guide’s IPG services include the TV Guide Interactive system — the on-screen digital cable guide provided to multichannel video programming distributors, and the GUIDE Plus+ system — the on-screen guide built directly into television sets and VCRs. Gemstar-TV Guide’s IPGs currently reach more than 13 million U.S. television households.

“Our overall media sales strategy is to make it easy for clients to do advertising deals across all of Gemstar-TV Guide’s media — TV Guide magazine, TV Guide Channel, and the IPGs. We’ve stated that the road to success in respect to IPG advertising is to solidify a multitude of deals. With the addition of these three major brands, we’re gaining considerable momentum and adding the support of some very savvy marketers,” said Jeffrey Mahl, president of media sales at Gemstar-TV Guide.

Gemstar-TV Guide’s IPGs offer an enhanced television viewing experience that combines comprehensive program listings information with easy-to-use functionality for navigating the 100-plus-channel digital TV universe.

Gemstar-TV Guide’s IPGs provide comprehensive program listings information and descriptions for the broadcast and cable channels received in the home, featuring plot summaries, airtime, ratings, length and other important details to assist in making viewing choices. The listings can be sorted by category, time or channel, and programs can be selected for viewing at the touch of a button or scheduled for future enjoyment.

For advertisers, Gemstar-TV Guide’s IPG products provide a cost- effective means of reaching more than 13 million television households with strong demographics, comprising digital cable subscribers and high-end television purchasers. In an increasingly fragmented television programming space, the Gemstar-TV Guide IPGs occupy the focal point for viewers seeking suggestions and guidance, thereby permitting advertisers to send messages to interested viewers in a receptive mood.

MasterCard International, a leader in innovation in the payments industry, has signed on as the first long-term credit card category advertiser on Gemstar-TV Guide’s IPGs.

“We’re very excited to partner with Gemstar-TV Guide, the industry leader and the only interactive television guide to have reached a critical mass of subscribers,” said Caryl Hahn, vice president, media, MasterCard International. “We believe that our positioning as the payment brand of choice for millions of subscribers creates a strong presence for MasterCard in the emerging T-commerce environment.”

Clorox, a longtime advertiser on the TV Guide Channel, will add the IPG to its TV Guide multimedia ad buy.

Also joining the IPG advertiser collective is HotJobs. Playing on its theory that the anxiety levels of disaffected workers heighten on Sunday night, the online job search company will use the Gemstar-TV Guide IPGs to reach audiences with its messages — before Monday.

According to Mahl: “HotJobs has an innovative outlook on how the television medium can be translated beyond broadcast ads to reach consumers. It also helped HotJobs that our research shows that Interactive Program Guide users in either the digital cable or consumer electronics space are 54 percent more likely than regular TV viewers to have Internet access.” (a)

About Gemstar-TV Guide International Inc.

Gemstar-TV Guide International Inc. is a leading global technology and media company focused on consumer entertainment. The company has three major business sectors: the Technology and Licensing Sector, which is responsible for developing, licensing and protecting the company’s intellectual property and technology — the company’s technology includes the VCR Plus+(R) system, interactive program guide (“IPG”) products and services marketed under the GUIDE Plus+(R) and TV Guide Interactive(SM) brands and the electronic book (“Gemstar eBook(TM)”); the Interactive Platform Sector, which derives recurring income from advertising, interactive services, content sales and e-commerce on the company’s proprietary platforms, including IPG, eBook and; and the Media and Services Sector, which operates the TV Guide(R) magazines, TV Guide Channel(SM), TVG Network(SM) and other television media properties, provides programming and data services, and operates a media sales group that services all of the company’s media properties.

The IPG products are integrated into various devices, including televisions, VCRs and set-top boxes (cable, satellite, telco, Internet) and can display a multiday television program guide on the television screen from which the consumer can view, select, tune to or record programs. The Gemstar eBook is a reading device that can store tens of thousands of pages, and permits a user to purchase and receive instant delivery of any book, magazine or newspaper over a standard telephone line.

The company’s media properties are used by 100 million U.S. homes, and its products and services are available in more than 60 countries worldwide.

The company’s services, technology and intellectual property are licensed to major technology, media and communication companies in the consumer electronics, Internet, personal computer, satellite, cable television and telco industries. Licensees and customers include Adelphia, AOL Time Warner, AT&T, Cablevision, Charter, Comcast, Cox, Matsushita, Microsoft, Mitsubishi, Motorola, Philips, Shaw, Sony, Thomson Multimedia, Zenith and others. The company has more than 170 issued U.S. patents in the general area of audio-visual technologies with more than 4,200 claims and more than 190 issued foreign patents, continues to actively pursue a worldwide intellectual property program, and currently has roughly 300 U.S. and 800 foreign patent applications pending.

For more information, access the corporate Web site at [][1].

About MasterCard

MasterCard International has a comprehensive portfolio of well- known, widely accepted payment brands, including MasterCard, Cirrus and Maestro. More than 1.7 billion MasterCard, Cirrus and Maestro logos are present on credit, charge and debit cards in circulation today. An association composed of more than 20,000 member financial institutions, MasterCard serves consumers and businesses, both large and small, in 210 countries and territories. MasterCard is a leader in quality and innovation, offering a wide range of payment solutions in the virtual and traditional worlds. MasterCard’s award-winning Priceless advertising campaign is now seen in 80 countries and in more than 36 languages, giving the MasterCard brand a truly global reach and scope. With more than 21 million acceptance locations, no card is accepted in more places and by more merchants than the MasterCard Card. In 2000, gross dollar volume exceeded US$856 billion. MasterCard can be reached through its World Wide Web site at .

About The Clorox Co.

The Clorox Co., with 11,000 employees worldwide, is a $3.9 billion multinational manufacturer and marketer of household products and products for institutional markets.

About is a leading Internet recruiting solutions company that develops and provides companies with innovative recruiting solutions and services. (), the company’s popular consumer job board, provides a direct exchange of information between opportunity seekers and employers, and includes features such as HOTBLOCK, which enables job seekers to block specific companies from searching their resumes. In addition, HotJobs also offers an Agency Desktop, which provides a direct, business-to- business exchange between corporate hiring managers and staffing agencies. More than 10,600 companies subscribe to HotJobs’ online employment exchanges. HotJobs also provides employers with progressive recruiting solutions such as its Resumix(R) and Softshoe(R) hiring management software, Career Expos, its HotReach affiliate program, and Diversity Marketing Solutions.



Discover GameDay

Discover® Card is stepping up its commitment to college football fans this season, launching the “Discover Gets You on GameDay Challenge,” a national contest with a grand prize trip to the Rose Bowl and a cameo on ESPN College GameDay bowl edition January 1. The announcement was made today by Ed Erhardt, president, Customer Marketing & Sales, ESPN/ABC Sports and Ashoke Dutt, executive vice president, Discover Financial Services, Inc.

The new two-year agreement, which renews Discover Card’s sponsorship affiliation with GameDay, will feature Discover Card Tailgate, an interactive fan-fest at all GameDay live remotes. This program also provides Discover Card with multi-media exposure on College GameDay and other ESPN/ABC college football platforms including ABC sports game broadcasts and presence on Bowl Championship Series games.

Contestants will log on to each week to pick three marquee games. Every correct prediction is an entry into the sweepstakes. At season’s end, the top 25 finalists will be required to send audition tapes to GameDay producers, who will review each tape. The winner will appear during GameDay’s live bowl edition Jan. 1, 2002 from the Rose Bowl and will make predictions for the BCS games.

“Discover Card’s overall goal is to leverage its media plan and the excitement of ESPN College GameDay to Cardmembers in an impactful way,” said John Birmingham, manager, integrated marketing, Discover Financial Services Inc. “We approached ESPN with a plan that would bring our Cardmembers off the sidelines and into the action. The Discover Card Tailgate and the contest both help extend the program to our Cardmembers nationwide.”

“This agreement exemplifies the value to our clients of integrating different ESPN platforms as marketing vehicles to boost brand affinity with sports fans,” said Erhardt.

Coming off its best season in 2000 and a Sports Emmy nomination, College GameDay with host Chris Fowler and analysts Lee Corso and Kirk Herbstreit will expand to a new 90-minute format beginning this fall.

Highlights of the Discover Card agreement:

* Discover Card Tailgate: Discover Card will provide an on-site promotional truck with a replica of the show’s set at each College GameDay (days leading) live remote. Fans visiting the truck will be able to tape themselves serving as GameDay host/analyst on the set.

* * ABC Sports: Discover Card ads will run on ABC Sports college football remotes and BCS games.

* * ESPN Radio: Discover Card will be a participating sponsor of ESPN Radio GameDay Tour – a series of live remote broadcasts from select game sites.

* * ESPN The Magazine: Will publish Discover Card ads adjacent to college football editorial

* * Will partner with Discover Card to develop a separate URL for fans

* * Other: The campaign will be featured on other ESPN Inc. football programming including ESPN Classic Friday Night College Football and ESPN Plus College Football Halftime Reports.



Global Payments Inc., a leading provider of EDI and Cash Management solutions, announced that RZB Austria
(Raiffeisen ZentralBank Osterreich AG) would be using iGlobal Banker, to power a new Internet Banking service for its
corporate and financial institution customers.

The new system, called RZB F@ST (Financial Accurate and Secure
Transactioning) will be offered to banks in emerging markets which do not have
SWIFT access, especially those banks in Central Eastern Europe (CEE) that have
been using Telex communication for bank transfers and commercial payments.
The banks will be able to send:

* Single Customer Credit Transfers

* Financial Institution Transfers for their own accounts

* General Financial Institution Transfers

Additional features including the Confirmation of Credit, Confirmation of
Debit, Fixed Loan/Deposit Confirmation, Interim Transaction Report and other
customer demands will be added in the future.

RZB selected Global Payments because their experience began more than 30
years ago, when its former parent company, National Data Corporation,
pioneered electronic payment processing. Today, Global Payments combines
leading edge technology with three decades of expertise to offer solutions
that meet the needs of Banks and Multinational Corporations. iGlobal Banker
has a number of exclusive features and functions, including:

* Completely customizable with the ability to interface with RZB
customers’ systems and the banks own back office systems

* Highly secure through the 128 Bit Secure Socket Layer (SSL), and a
variety of digital security (PKI) solutions for a secure, Web-based
banking environment

* Able to process unlimited message formats, including SWIFT and EDIFACT

* Able to support multiple languages, which means in a multi-lingual
country RZB can offer and manage a standard product, which serves all
their customer needs

On May 8, 2001 RZB Austria processed the first payment via the Internet.
By the end of 2001 RZB aims to have 20 banks connected to RZB F@ST, and by the
end of 2002 almost 50 banks of merging countries should be using the product.
It is also planned for Corporate Customers to be using RZB F@ST in 2002, and
approximately 25 new customers are predicted each year after that.

RZB-Austria (Raiffeisen ZentralBank Osterreich AG) is the head institution
of the Austrian Raiffeisen Banking Group, the largest purely Austrian banking
group in terms of consolidated total assets (EUR 97.5 billion — as of 31
December 2000). It represents 25 per cent of all domestic credit business and
comprises the country’s largest banking network with 2,360 offices and 21,000
employees throughout Austria. The Austrian Raiffeisen Banking Group consists
of Raiffeisenbanks on the local level, “Raiffeisenlandesbanken” on the
provincial level and RZB as head institution. Founded in 1927, RZB Austria
provides the full range of commercial and investment banking services, and is
a member of the Unico Banking Group, a co-operation platform of European
cooperative banks.

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
located throughout the United States, Canada and the United Kingdom. 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.


Wireless Butler

Visitors to New York City’s Bryant Park Hotel will now receive a room key before entering the lobby. Upon the guest’s arrival, a Bryant Park Hotel employee will input the visitor’s information into a Symbol ‘SPT 1740’ handheld computer and verify their room information. The guest simply swipes their credit card through a magnetic stripe reader to automate check-in. The ‘SPT 1740’ communicates with a portable key encoder that creates and outputs the guest’s room key and a portable printer that produces a customer receipt containing the room number and rate information. The technology solution is based on a wireless infrastructure, providing access to all 25 floors of the Bryant, using Symbol’s ‘Spectrum24’ 11 Mbps wireless LAN. The Bryant uses the ‘OPERA Enterprise Solution’, an integrated application suite that enables access to hotel services and customer information over the wireless ‘SPT 1740s’, developed and installed by MICROS-Fidelio.



International card executive Roger
Van Scoy has been tapped to lead TSYS Europe, the European operations of
TSYS, a global payments processing leader. As Managing
Director, Van Scoy will be responsible for all aspects of TSYS operations in
Europe, and he will lead a senior management team with more than 116 years
combined industry experience. Van Scoy was promoted from Senior Director and
COO to succeed TSYS Managing Director Bruce Bacon who will return to corporate
headquarters to manage the company’s global business development initiatives.

“Much of the credit for the success of our European operations has to be
attributed to Bruce’s leadership. Bruce selected a strong leadership team
that included Roger and was successful in attracting five significant clients
to TSYS in 2000,” said TSYS Chairman of the Board and CEO, Richard W. Ussery.
“I’m confident Bruce is leaving TSYS Europe in very capable hands. Roger has
a wealth of expertise that will complement TSYS Europe and provide valuable
leadership as we continue to work towards our goal for international
operations to contribute 20 percent of the company’s revenues by 2003.”

“TSYS Europe is well poised to serve customers in the cards business
throughout Europe with our flexible, functionality-rich processing platforms
and our highly skilled customer-focused team under Roger’s leadership,” said
former Managing Director Bacon.

According to industry sources, there are a little more than 300 million
credit and debit association-branded cards in the European card market. Of
these, 90-95 million are credit cards. By year-end 2001, it is expected that
TSYS Europe will process between eight to 10 percent of the Visa and
MasterCard-branded credit cards in Western Europe.

The TSYS Europe Executive Management Team

“We have an energized and talented management team with an extraordinary
depth of knowledge focused on the European transactions processing industry,”
said Van Scoy. “I look forward to offering our client-centered TSYS services
throughout the continent and am very pleased with the team and technology we
have in place to help our customers reach their objectives.”

Roger Van Scoy

Van Scoy is a card executive with more than 26 years in the credit card
and transaction processing industry. He has demonstrated leadership and
achievements both domestically and internationally in general management,
contract negotiations, sales, product management, operations management and
client services. While at TSYS Europe, Roger has been responsible for client
services, account management and human resources. Prior to joining TSYS, Van
Scoy worked as a card processor executive in England. Just prior to that, he
managed a processor’s business in the Asia Pacific market. A University of
Texas graduate and former lecturer for the ABA BankCard School, Roger held
leadership positions with First USA, First Fidelity Bank, EDS and First Data

TSYS further strengthened its leadership team by assigning two card
industry executives to new posts: Senior Director of Operations and Business
Support and Senior Director of Business Expansion.

Senior Director of Operations and Business Support: Lester Pulsford
A 29-year card industry veteran, Lester Pulsford, Senior Director of
Operations and Business Support, manages the TSYS Europe Data Center and
client services. Formerly employed with National Westminster Bank PLC,
Pulsford specializes in data center environmental, operational and technical
management. In addition, he is experienced in the administration and
development of financial IT systems including smart card technology.

Senior Director of Business Expansion: Bob Evans

As Senior Director of Business Expansion, Bob Evans is responsible for
directing sales and consulting activities at TSYS Europe in addition to
business development strategy. Formerly with DMR Consulting where he led the
UK Financial Services Practice, Evans also worked with Lloyds Bank, serving on
the Cards Executive Team and representing Lloyds at scheme and industry
forums. He joined TSYS Europe in December 2000 and brings more than 10 years
cards experience to the organization.

About TSYS:

TSYS brings integrity and innovation to the world of electronic payments.
TSYS serves as the integral link between buyers and sellers in the rapidly
evolving universe of electronic payments. With more than 200 million accounts
on file, TSYS makes it possible for millions of consumers to use their credit,
debit, stored value, commercial, chip and retail cards anytime, anywhere
through any medium or portal. TSYS offers a full range of acquiring and
issuing services from accepting electronic payments for goods and services, to
credit applications, collections and bankruptcy. Based in Columbus, Ga., TSYS
(NYSE: TSS) ( ) processes for 23 countries in 14 currencies and
four languages and maintains operations in Canada, Mexico, Japan and the
United Kingdom. TSYS is an 80.8 percent-owned subsidiary of Synovus Financial
Corp. (NYSE: SNV) (, No. 8 on FORTUNE magazine’s list of “The
100 Best Companies To Work For” in 2001. For more information, contact .



ACI Worldwide, a leading international provider of enterprise
e-payment solutions, announces that its software is providing the e-payment
infrastructure for Vodafone Australia customers to purchase FastFone
pre-paid mobile phone recharge services at National ATMs. National and
Vodafone Australia are offering the recharge services exclusively to their
customers. Vodafone Australia, one of the country’s leading wireless
telecommunications networks, and the National, a leading Australian and
international financial services company, will use ACI’s ‘BASE24′ software
to route and authorize e-payment transactions for the rechargeable mobile
phone service.

To recharge mobile phones, customers will simply insert their ATM
card into a National ATM, enter their personal identification number (PIN),
select the option for Vodafone prepaid recharging and choose the amount
required. The ATM will then provide the customer with a single receipt
confirming the withdrawal transaction, bank account balance and the
12-digit recharge number. Customers’ mobile phones can be recharged within
minutes. The service is now available Australia-wide from more than 1,200
National ATMs.

“Pre-paid phones have always been a convenient way to own a mobile
phone, with no monthly bills and no contracts to sign,” said Bill Stone,
head of marketing, Vodafone Australia. “Being able to recharge a Vodafone
FastFone at National ATMs offers our customers even greater convenience and
demonstrates Vodafone’s ongoing commitment to innovation.”

“We are pleased with the opportunity we’ve had to assist Vodafone
Australia in this endeavour,” said Nigel Kitson, managing director of ACI
Worldwide’s Pacific operation. “With our solution, Vodafone can increase
customer convenience and recharge options through the use of ATMs as
another vehicle to recharge mobile phones.”

About Vodafone

Vodafone Group Plc is the world’s largest mobile telecommunications
company with more than 93 million proportionate customers. The company
provides quality services to more than 2.13 million Australian customers, 1
million New Zealand customers and 66,000 Fijian customers. It has interests
in mobile telephone networks in 29 countries over five continents. For more
information please contact

About The National

National Australia Bank is an international financial services group
providing a comprehensive and integrated range of financial products and
services across four continents and 15 countries. Globally, as at 30
September 2000, the National had:

— Total assets of A$344 billion

— Over A$60 billion in assets under management and administration

— A$285 billion in assets under custody and administration

— A mortgage servicing portfolio in excess of A$350 billion

— More than 12 million customers

For more information, visit

About ACI Worldwide

Every second of every day, consumers are initiating electronic
payment transactions–getting cash at ATMs, using debit and credit cards to
make purchases in stores and on the Internet, banking by phone and PC,
paying bills online. Twenty billion times a year, ACI software is used to
process these transactions, powering the world’s online payment systems.
ACI was founded in 1975 and pioneered the development of applications and
networking software for online transaction processing. Today more than
2,000 customers in 79 countries use ACI supplied software. Visit ACI
Worldwide on the Internet at



MasterCard confirmed this morning it has filed with the SEC, a registration statement formally proposing the conversion of MasterCard International from a membership association to a private share corporation, to be known as MasterCard Incorporated. In June, MasterCard International and Europay International announced intentions to merge which included plans to convert MasterCard to a private share corporation with MasterCard principal members and Europay shareholders becoming equity owners. MasterCard has had a long-standing alliance with Europay, which has exclusive licensing rights for MasterCard brands in the European region. MasterCard now owns a 12.25% share of Europay and a 15% interest in EPSS, Europay’s processing subsidiary. The European members of MasterCard, who are also shareholders of Europay, presently control approximately 7% of MasterCard International’s total votes. In addition, MasterCard and Europay each own 50% of Maestro, a leading online debit program. Following completion of the transaction, the Europay staff would provide the framework for the European region of MasterCard, which will continue to be based in Belgium. Peter Hoch will retain his CEO-level role for the region and will report to MasterCard CEO Robert Selander. The European region will also have its own board. Europay has 271.5 million ‘Eurocard-MasterCard’, ‘Maestro’, ‘Cirrus’ and ‘eurocheque’ debit and credit cards in circulation. (CF Library 1/11/01; 3/13/01; 5/18/01; 6/7/01)



NCR Corporation announced a $13 million deal with Bank of China. The order involves the
purchase of NCR’s Personas 74, Personas 75, Personas 84 and Personas 86 Self-
Service TouchPoints and further demonstrates NCR’s prominent
position in the rapidly growing market for financial self-service solutions in

In addition to traditional cash dispensing, the new machines will give
Bank of China branches the capability to offer additional automated services,
such as passbook printing, account inquires and bill payment. This latest
contract, which follows an earlier $14 million deal between NCR and Bank of
China signed in November 2000, demonstrates a trend towards increasing
financial self-service automation in this rapidly developing region.
“We are proud to announce that NCR has once again won the trust of Bank of
China,” said Albert Tsang, vice president, Greater China Area, Financial
Solutions Division, NCR. “NCR and the Bank of China have established a good
working relationship. We have been their major self-service provider for the
past 13 years.”

A Bank of China spokesperson welcomed the continuation of this partnership
with NCR. “Both the central bank and branches recognize NCR as a world leader
in the self-service industry. They have proven themselves in responding to
and resolving our self-service related issues in a highly professional way,”
said the spokesperson.

“We recognize NCR as our strategic business partner more than an equipment
supplier. With the installation of these high quality ATMs, we hope to
provide swifter and better services to our customers and, in turn, to increase
our revenue.”

NCR also has announced that it is raising the production capacity of its
ATM plant in China in anticipation of the increase in demand in Hong Kong and
the Asia Pacific region. The Beijing facility is NCR’s third ATM
manufacturing plant worldwide, the others being in Dundee, Scotland, and
Waterloo, Canada.

About NCR Corporation

NCR Corporation (NYSE: NCR) is a leader in providing Relationship
Technology(TM) solutions to customers worldwide. NCR’s Relationship
Technology solutions include the Teradata(R) database and analytical
applications such as customer relationship management (CRM) and demand chain
management, store automation systems and automated teller machines (ATMs).
The company’s business solutions are built on the foundation of its long-
established industry knowledge and consulting expertise, value-adding
software, global customer support services, a complete line of consumable and
media products, and leading edge hardware technology. NCR employs 33,300 in
more than 100 countries, and is a component stock of the Standard & Poor’s 500
Index. More information about NCR and its solutions may be found at


CheckFree 2Q/01

CheckFree reported quarterly revenues of $121.8 million for the period ending June 30, compared to $88.5 million for the same quarter in 2000. For the quarter CheckFree reported a pro forma loss for the quarter of $800,000 compared to a pro forma loss of $3.3 million for the same quarter in 2000. CheckFree’s Electronic Commerce division reported revenue of $84.3 million for the quarter, representing 42% growth over the same quarter of fiscal 2000. The division posted a pro forma operating profit of $374,000 dollars, compared with an operating loss of $4.8 million for the same quarter in fiscal 2000. For complete details on CheckFree’s latest quarterly results visit CardData ([][1]).




MasterCard filed with the Securities and Exchange Commission (SEC) a registration statement formally proposing the conversion of MasterCard International from a membership association to a private share corporation, to be known as MasterCard Incorporated.

The registration statement details plans for the conversion and the integration of MasterCard International and its European alliance partner, Europay International, under MasterCard Incorporated.

The filing of the registration statement begins a process of formal review by the SEC. When that review is completed, MasterCard will seek a vote of its principal members for approval of the conversion. Upon completion of the transactions, MasterCard principal members and Europay shareholders will receive shares of MasterCard Incorporated and a revised membership interest in MasterCard International, which will continue as MasterCard Incorporated’s key operating subsidiary. Closing of the transactions is subject to customary closing conditions, including receipt of all necessary regulatory approvals.

Robert W. Selander, MasterCard president and CEO, said the conversion to a private share corporation will have important long-range advantages by more closely aligning the interests of MasterCard with the interests of its members.

“We believe that converting to a stock company will give our principal members, who will become our stockholders, greater incentive to increase their business with MasterCard. As stockholders increase their contribution to MasterCard’s volume and revenues, they can increase their shareholdings, so by supporting the MasterCard brand, they are supporting their investment,” Mr. Selander said. Conversion will also create a more flexible structure, allowing MasterCard to respond more quickly to opportunities in today’s rapidly changing global marketplace, he added.

Mr. Selander also said “Integration with Europay under a single management team and governance structure will make us a stronger organization, able to better serve all financial institutions, whether they operate in one country or in markets around the globe. It will bring together MasterCard’s award-winning marketing expertise and strength in e-commerce and processing technology with Europay’s particular strength in debit, chip and m-commerce.”

MasterCard has had a long-standing alliance with Europay, which has exclusive licensing rights for MasterCard brands in the European region. MasterCard now owns a 12.25% share of Europay and a 15% interest in EPSS, Europay’s processing subsidiary. The European members of MasterCard, who are also shareholders of Europay, presently control approximately 7% of MasterCard International’s total votes. In addition, MasterCard and Europay each own 50% of Maestro, a leading online debit program.

About MasterCard

MasterCard International has a comprehensive portfolio of well-known, widely accepted payment brands including MasterCard, Cirrus and Maestro. More than 1.7 billion MasterCard, Cirrus and Maestro logos are present on credit, charge and debit cards in circulation today. An association comprised of more than 20,000 member financial institutions, MasterCard serves consumers and businesses, both large and small, in 210 countries and territories. MasterCard is a leader in quality and innovation, offering a wide range of payment solutions in the virtual and traditional worlds. MasterCard’s award-winning Priceless advertising campaign is now seen in 80 countries and in more than 36 languages, giving the MasterCard brand a truly global reach and scope. With more than 21 million acceptance locations, no card is accepted in more places and by more merchants than the MasterCard Card. In 2000, gross dollar volume exceeded US$857 billion. MasterCard can be reached through its World Wide Web site at .


Accu Chek Acquisition

Certegy Check Services, Inc., a subsidiary of Certegy Inc., based in St. Petersburg, Florida, has announced the completed acquisition of Accu Chek, Inc. for $25 million in cash. Accu Chek, located in Tuscaloosa, Alabama, is the nation’s leading provider of third-party check collection services, generating approximately $9 million in annual revenue.

Certegy Check Services, formerly known as Equifax Check Solutions, is the premier provider of check risk management, authorization and loss prevention services to retailers, supermarkets, E-Commerce, gaming and check cashing establishments worldwide. “The acquisition of Accu Chek is a great complement to our product offering and strengthens our core strategy of providing the most efficient and cost effective check acceptance solutions to our customers. The combination of Certegy’s risk management and Accu Chek’s check recovery systems provide a capability unmatched by any other service offering in the industry. We expect to derive considerable strategic benefits in the long term from this complementary business,” stated Jeff Carbiener, senior vice president and group executive for Certegy Check Services.

Accu Chek, founded in 1989, primarily provides third-party check collection services to national retailers, and also licenses their system to those who wish to maintain collection operations in-house through their Private Label program. Their state-of-the-art collection process, the only one in the marketplace designed specifically for check collections, includes features such as automated skip tracing, client-specific process flexibility and image web-based reporting. Accu Chek will retain its operations in Tuscaloosa, Alabama.

Certegy Inc. provides credit, debit and merchant card processing, e-banking, check risk management and check cashing services to financial institutions and merchants worldwide. Headquartered in Alpharetta, Georgia, Certegy maintains a strong global presence with operations in the United States, Canada, the U.K., Ireland, France, Chile, Brazil, Australia and New Zealand. As a proven global payment services provider, Certegy enables transaction certainty, brings customers and commerce together and provides business results through leading technology. Certegy employs about 5,800 associates in 9 countries and had $779 million in revenue in 2000.



Carreker Corporation, a
leading provider of e-finance enabling solutions to the financial industry,
announced further expansion of its fraud prevention technology in the
Southern Pacific region through a contract with Australia and New Zealand
Banking Group Limited. ANZ, with total assets of $172 billion (AUD), is
one of the world’s 100 largest banks.

Carreker will install its FraudLink On-Us, FraudLink Deposit, and
FraudLink Kite software to monitor potential fraudulent activity across
all check transactions within the bank’s operations. This contract represents
the first entry of Carreker technology into New Zealand and another expansion
of the company’s technology in Australia. With this engagement, Carreker
solutions will monitor more than 80 percent of the Australian banking
industry’s depository accounts against fraud. The Australian Institute of
Criminology estimates the cost of fraud and misappropriation is between
$3 billion and $3.5 billion (AUD) per year in Australia.

Carreker’s FraudLink On-Us(TM) is a mainframe-based fraud detection
platform designed to assist banks in reducing check fraud losses by detecting
counterfeit and forged checks either at the teller station or in the back
office. FraudLink Deposit(TM) is an advanced software solution that allows
banks to detect potentially fraudulent deposit transactions by using bank-set
parameters to identify criminal trends and comparing the information with
account holders’ established deposit history. FraudLink Kite(TM) is an
historical, behavior-based application designed to identify and report
suspected kiting cases for investigation.

J.D. “Denny” Carreker, Chairman and Chief Executive Officer of Carreker,
said the contract is another significant achievement in the company’s global
e-finance strategy and supports the company’s efforts to expand development in
the region.

“ANZ has a strong commitment to protecting its customers and reducing its
exposure to fraudulent activity. We are extremely pleased that ANZ has
selected Carreker solutions to mitigate fraudulent activity in their business.
This is further recognition of our success in developing effective risk
management solutions for our clients in the region and around the world. We
look forward to our expanded relationship with ANZ,” Carreker said.
Mike Israel, Carreker Sales and Business Development Director for Australia
and Asia, said, “Carreker combines extensive expert knowledge with
cutting-edge software to develop an integrated fraud mitigation solution. We
will work with the bank to make sure the most effective solution is
implemented for ANZ. As every bank worldwide will differ by region and market,
Carreker will work with ANZ to assure that the implementation of the software
will mitigate the ‘specific’ check fraud schemes that ANZ might experience.”
ANZ offers financial products and services in Australia and New Zealand
and has overseas representation predominantly in greater Asia. ANZ provides a
full range of banking services including residential and investment mortgage
lending, deposit taking, credit cards, electronic banking including Internet
banking, overdrafts, term loans, trade finance, commercial bill acceptances
and treasury services.

About Carreker Corporation:

Carreker Corporation, headquartered in Dallas, Texas, is a leading
provider of integrated consulting and software solutions that enable banks to
identify and implement e-finance solutions, increase their revenues, reduce
their costs and enhance their delivery of customer services. Carreker’s
e-finance solutions use leading-edge technologies to create differentiated
applications for banks and their customers. The Company believes that its 23
years of experience in the banking industry, combined with a professional
staff and advanced technological expertise, allow for targeted solutions for
banks and other financial institutions. Carreker offerings are organized into
three divisions, as follows: (1) Revenue Enhancement, which increases banks’
revenues through market segmentation and improved customer pricing structures,
(2) Global Technology Solutions, which provides business-case driven
technology solutions through three customer-aligned groups: Risk Solutions,
Cash Processing & Logistics Solutions and Check Solutions (these
technology-enabled solutions bring together nearly 125 mission-critical
business process applications, strategic application implementation services,
consulting/advisory services and outsourcing services) and (3) Enterprise
Solutions, which integrates systems, combines operations and improves
workflows and internal operational processes. Carreker’s customer list
includes more than 200 financial institutions in the United States, Canada,
the United Kingdom, Ireland, Australia and South Africa, including 70 of the
largest 100 banks in the United States. For more information please visit the
Web site at .