MoneyGram IPN

MoneyGram Payment Systems, Inc., has developed a new online service, Internet Payment Notification, that allows companies to view bill payment transactions online and receive real-time notification that a payment has been made.

Internet Payment Notification is a browser-based application that was developed in an effort to provide increased collection efficiencies for MoneyGram’s ExpressPayment customers.

The initial reaction to the new technology has been very positive. Triad Financial Corporation, a leading provider of non-prime auto lending, believes the application will enhance their collection efficiencies. “The service has exceeded our expectations,” said Jeanne Nagy, portfolio project manager. “Beyond its real-time reporting capabilities, we are delighted with the program’s simple navigation and ease of use. We’ve found that, in the marketplace today, there’s no comparison to this particular application.”

Internet Payment Notification has several features that enable clients to increase their collection efficiencies:

— Immediate access to payment information;

— Customized search capabilities that save valuable research time;

— Multiple reporting options, including real-time, ad-hoc, daily, weekly and monthly summary reports;

— The flexibility to download reports to multiple programs and tailor reports to meet specific business needs.

“These features are a result of our commitment to provide clients with innovative online services that improve their collection efficiencies,” said Richard Leurig, chief information officer at MoneyGram. “Internet Payment Notification was designed to incorporate advanced Web technologies with user-friendly navigation. In my opinion, it’s already the leading application in the industry.”

About MoneyGram

MoneyGram Payment Systems, Inc., a subsidiary of Travelers Express Company, is a leading money transfer services company with more than 37,000 locations in more than 150 countries around the world. Travelers Express is a subsidiary of Viad Corp (NYSE:VVI) and provides payment services in the financial, retail and money transfer areas.

To find a MoneyGram agent or more information on Travelers Express on the Internet, go to [][1].



Click2Gov Deal

HTE Inc., a leading provider of enterprise-wide software, Internet, and wireless solutions for public sector organizations and utilities, announced utility customers in Murray City, Utah can now pay their bills online using HTE’s Click2Gov.

Click2Gov works with existing HTE software to allow citizens to conduct basic government business on the Internet. In Murray City, located in the Salt Lake Valley, Click2Gov interfaces with the Customer Information System, HTE’s utilities management solution, to let customers go online to view utility usage and billing, and to use credit cards to make payments.

With a module introduced last year, Click2Gov for Building Permits, users can apply for permits, schedule inspections, and check the status of applications online. The next Click2Gov product, Business Licenses, is scheduled to roll out by the end of July. Planning & Zoning will enter testing next. “We have a very progressive community, and citizens who require up-to-date technology,” said David Larsen, Murray City’s director of information technology. “Click2Gov gives our citizens an easier, quicker, more convenient way to deal with us.”

Larsen said his city went live with utility payments in late May, and was the subject of widespread interest at last month’s HTE Users Group (HUG) Conference in Las Vegas.

“The mission of cities is to provide service, and I think everyone realizes citizens want to be able to use the Internet to conduct government business. We’ve invested heavily in Internet technology, and it is a transition that requires some flexibility and patience. But if you ask me if I’d do it again, I’d say, `you bet’. For us, Click2Gov turned out to be the perfect solution,” Larsen said.

One of the most important features in the product, Larsen believes, is the universal interface that allows cities or utility companies to use any bank or payment clearinghouse. Many cities already accept credit card payments by phone, and have existing relationships with financial institutions.

For municipalities new to credit card processing, the HTE product offers built-in payment processing capabilities. “Click2Gov continues to attract growing interest from HTE customers and other government agencies who are searching for an integrated Internet enabled solution,” said Gil Santos, HTE’s vice president of business development and strategy. “The universal payment interface is one of the enhancements we made in response to our customers’ emerging needs. Now customers can use either the built-in Click2Gov payment engine or the payment solution of their choice while maintaining the full transaction interface to HTE’s back-office suite of products.”

HTE Inc.

HTE Inc., a proven leader in government information technologies, provides a broad range of innovative software solutions to more than 2,100 government offices, agencies and utility companies throughout North America. The company’s products address the wireless computing requirements of a rapidly changing public sector market and support the end-to-end delivery of e-government access to citizens and businesses. Founded in 1981, the company is headquartered near Orlando, Florida. Additional information about HTE’s products is available at or by calling HTE Marketing Services at 1.800.727.8088.



Hypercom and IDLogix introduced an age verification application for use on Hypercom’s touch-screen based ‘ICE’ card payment terminals. The news follows VeriFone’s annoucement last month of its ‘Easy ID’ solution used in conjunction with ‘Omni 3300′ terminals. The Hypercom application provides secure age verification based on drivers’ license magnetic stripes and barcodes. IDLogix will immediately rollout the application on Hypercom ICE terminals and make it available to banks, processors and merchants nationwide. The IDLogix application supports electronic check conversion with digital imaging, EBT and credit card processing using Hypercom’s Visual HDT C++-based developer’s software platform. (CF Library 6/20/01)



Euronet Worldwide, a leading provider of secure electronic financial transaction solutions, is driving ATMs and providing other value-added ATM services for Western Island Networks, LLC., headquartered in Tamuning, Guam.

WIN, the first independent ATM operator in Guam, is targeting locations in high-traffic tourist areas. Euronet is providing WIN with ATM processing services, including ATM monitoring, dispatch, maintenance, telecommunications, authorization and customer support. These services are provided by Dash(R), Euronet’s network services division based in Little Rock, Arkansas, and are available through dial-up processing over telephone lines. Future ATM services include the ability to sell tickets and prepaid mobile phone airtime, advertise and issue coupons.

“WIN is very excited about breaking new ground in Guam by providing their customers with convenience ATMs in high-traffic areas,” said Michael A. Tougher III, Managing Member of Western Island Networks, LLC. “We are forecasting placing approximately 120 ATMs across Guam and neighbor island retail and transportation locations in the next couple of years. We are happy we found an ATM service provider with the requisite experience and total commitment to customer service and the ability to provide additional value-added ATM services.”

“We enjoy working with start-up companies like WIN that see the benefit in investing in transaction-based projects like supplying convenience ATMs for local merchants in Guam,” said Michael Brown, Euronet Worldwide CEO and Chairman. “This outsourcing agreement will help increase our transaction volume in our U.S.-based processing center, in addition to expanding our global reach to new geographic markets. This agreement is yet another example of the secure financial transaction flexibility our company provides to retail businesses, financial institutions and mobile operators on a global basis.”

As a global provider of secure financial transactions, Euronet continues to expand its geographic and marketplace presence throughout Europe, the Middle East, Africa, the Americas and Asia/Pacific. This expansion enables Euronet customers to provide their consumers a wide array of transaction touchpoints, and it provides Euronet continued growth in transaction volumes.

About Euronet Worldwide

Euronet Worldwide is an industry leader in providing secure electronic financial transaction solutions. The company offers financial payment middleware, financial network gateways, outsourcing and consulting services to financial institutions and mobile operators. These solutions enable their customers to access personal financial information and perform secure financial transactions — any time, any place. The company has processing centers located in the United States, Europe and Asia, including owning and operating the largest independent ATM network in Europe. Euronet was recently ranked number two on the Deloitte & Touche Technical Fast 500, a ranking of the fastest-growing technology companies in North America. With corporate headquarters in Leawood, Kansas, USA, and European headquarters in Budapest, Hungary, Euronet serves more than 200 clients in 60 countries.


VISA Check Service

Electronic Clearing House announced it has been certified as a third-party, acquiring processor for a new POS check service that is being piloted by VISA. The ‘VISA POS Check Service’ process allows financial institutions participating in the pilot to offer merchants the ability to convert checks from any financial institution into electronic funds transfer items at the point of sale. If the check writer’s financial institution has chosen to participate in the ‘VISA POS Check Service’ pilot, the account balance is immediately authorized for the merchant by the participating bank. Under the terms of the agreement, checks from financial institutions that have chosen ECHO as their third-party processor will be routed to ECHO’s ACH processing system and the NCN database. The ‘POS Check Service’ represents a major new initiative by VISA to enable merchants to receive direct online authorization for checks written against consumer demand deposit accounts, similar to the authorizations provided for credit and debit card transactions. Last year, consumers wrote approximately 19 billion personal checks at the point of sale, costing merchants an estimated $23 billion in check handling, fraud costs and losses.


FI Gets Wood

Aggressively moving to secure its Fair, Isaac MarketSmart Decision System as the CRM platform of choice for a wide range of industries, Fair, Isaac and Company, Inc. announced that JC Wood — one of the most highly regarded senior executives in the technology industry — has joined the company as vice president to lead the MarketSmart business development effort.

Wood comes to Fair, Isaac with more than 25 years executive management experience, most recently at Acxiom, Inc. where he led business development in the financial services industry. Earlier, he spent 17 years at TransUnion LLC, one of the top three U.S. credit reporting agencies, holding a number of senior management roles including CEO of one of TransUnion’s service bureaus. At Fair, Isaac, Wood’s initial mandate will be to expand MarketSmart’s presence in the financial services, insurance, telecommunications, and retail industries.

Tom Grudnowski, CEO of Fair, Isaac, said of Wood’s appointment, “I have great admiration for JC’s ability to build strong market presence for the companies where he has worked. JC has a unique capacity to see the full-scale potential of technology and then get people really enthused about how it can help their business. I am delighted that JC is here with us and have great confidence that he will provide real leadership and vision to the MarketSmart team,” Grudnowski said.

In discussing his decision to join Fair, Isaac, Wood said he was attracted to the company’s approach to its markets. “On an overall solutions basis, Fair, Isaac has an extremely well-rounded approach to both the marketing and risk sides of its business. My goal is to work with all of Fair, Isaac’s business marketing units to successfully implement MarketSmart across industries and customer usage.”

MarketSmart Decision System is the most comprehensive solution for multi-channel marketing available today. MarketSmart ties together the most critical aspects of CRM — including data warehousing, analytics, multi-channel marketing, campaign management, data mining and decision technology — to deliver customer-centric, channel-optimized campaigns that can be executed in hours instead of days. Fair, Isaac has developed specific versions of MarketSmart for the financial services, insurance, telecommunications, and retail industries.

MarketSmart helps companies execute strategic marketing campaigns across multiple channels, integrating the Internet with existing sales and marketing channels. Information collected at both push and pull touchpoints — including email, direct mail, inbound and outbound telemarketing, Web sites and kiosks — is transformed into real-time, customer-specific marketing actions.

Wood recently relocated to Minneapolis from Little Rock. He is based in Fair, Isaac’s Arden Hills, Minnesota, facility.

About Fair, Isaac

Fair, Isaac and Company is a global provider of customer analytics and decision technology. Widely recognized for its pioneering work in credit scoring, Fair, Isaac revolutionized the way lending decisions are made. Today the company helps clients in multiple industries increase the value of customer relationships. Fair, Isaac has made the Forbes list of the top 200 U.S. small companies eight times in the last nine years. Headquartered in San Rafael, California, Fair, Isaac reported revenues of $298 million in fiscal 2000.

For more information, visit the company’s Web site at .



Toppan Forms Co. has launched a B2C direct mail piece that uses a paper IC card. The new paper smart cards are about half the price of inserting plastic smart cards into direct mail pieces. The paper cards are geared towards event operators such as exhibitions. The cost is 300 yen for a card inserted into an envelope or 270 yen to have one attached to a postcard. Toppan says it expects to sell about 300 million yen worth of new paper IC cards.



Alliance Data Systems Corp. has completed the migration and conversion of Pepco Energy Services’ customer account data to its database, allowing Alliance Data to begin the rollout of billing and payment processing services. Under the five-year agreement signed this spring, Alliance Data is providing PES a complete suite of advanced services designed to facilitate acquisition, billing, electronic data interchange, billing-information management, and customer retention.

Pepco Energy Services, Inc. is an unregulated subsidiary of a large, investor-owned utility based in Washington, D.C., and has customer accounts throughout Maryland, Pennsylvania, District of Columbia, New Jersey and Virginia. Alliance Data will provide platform hosting and transaction processing services for more than 40,000 PES retail customer accounts throughout these mid-Atlantic states.

Utilizing a customized billing and customer care platform developed for the deregulated energy industry, Alliance Data will improve accuracy and increase efficiencies in customer billing by its ability to support multiple complex tariff structures that differ by state. Additional services provided will include the deployment of “smart statement” technology, which allows PES to conduct one-to-one customer communication via its billing statements.

“As deregulation continues to penetrate the utility marketplace, we recognize the significant value that Alliance Data can provide PES,” said Ed Mayberry, president and chief executive officer, Pepco Energy Services. “We’re very optimistic about the rollout of these services which will further support our dedication to customer satisfaction while also providing optimum opportunities for increasing our competitive edge for retail client acquisitions.”

“We are excited about being a part of Pepco Energy Services’ long-term strategy for building customer relationships and expanding transaction processing capabilities,” said Mike Beltz, Alliance Data Systems president, Transaction Services. “We are confident that our business solution tailored to the deregulated marketplace will enable Pepco Energy Services to increase its customer base and grow its business.”

Pepco Energy Services

Pepco Energy Services, Inc., a wholly owned, separately-managed subsidiary of Potomac Electric Power Company (NYSE: POM), provides residential, commercial, institutional and government customers a complete suite of integrated energy management solutions including electricity and natural gas; energy surveys; energy information systems; fuel management services; heating, ventilation and air conditioning systems; lighting; project financing; and energy operations and maintenance services.

Over the past 24 months, Pepco Energy Services was awarded nearly $800 million in energy and energy-related services contracts, and has provided energy or energy-related services to customers from Connecticut to Florida. Visit for more information.

Alliance Data Systems

Based in Dallas, Alliance Data Systems is a leading provider of transaction services, credit services and marketing services, including one of the largest loyalty programs in North America. The company manages 72 million consumer accounts and processes 2.5 billion transactions annually. Alliance Data Systems employs approximately 6,000 associates at more than 20 locations in the United States, Canada and New Zealand. For more information about the company, visit its Web site, .


CardPlus Buys MAXcash

Greenland Corporation announced that Colorado-based CardPlus International, Inc., the nation’s only certified minority electronic payments processor, has purchased its first six Greenland interactive check cashing MAXcash Automated Banking Machine kiosks. These terminals are to be processed from CardPlus’ newly established Denver electronic transaction and data processing center. Of the first six terminals, five will be operated in Colorado area convenience and petroleum stores.

“CardPlus already provides check cashing, and other related point-of-sale services for their corporate customers, including a number of hospitals and large oil companies,” stated T.A. “Kip” Hyde, Jr., President and CEO of Greenland. “Given their history of success, we believe that CardPlus has the capacity to become the largest minority non-bank owner-operator of self- service banking machines in the country, potentially encompassing thousands of locations nationwide.”

This transaction is the first purchase under Greenland’s ongoing strategy to aggressively pursue sales of the MAXcash ABM to customers that have their own processing capabilities. Added Hyde, “We are very pleased to help facilitate the independent self-service check cashing and ATM processing programs of CardPlus.”

George Brantley, Director of CardPlus International said, “We look forward to the continued support of Mr. Hyde and the team at Greenland, as we expand our processing center capabilities.”

About Greenland Corporation

Greenland Corporation is a holding company whose wholly owned subsidiary, Check Central, performs check cashing transaction processing. Check Central is also the developer and manufacturer of the MAXcash(TM) Automated Banking Machine(TM) (ABM(TM)) that provides self service check cashing, ATM functionality, phone card and money order dispensing, as well as the capability for other 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 CardPlus International, Inc.

As the only National Minority Council certified electronic payments processor, CardPlus is a comprehensive services provider offering “one-stop shopping” for credit and debit card processing and collection, check verification, check guarantee, recovery services, settlement and other point- of-sale services. CardPlus is a single provider of electronic payment processing services, equipment and customer support. The CardPlus product offering spans from simple electronic “swipe” POS terminals, ATM functionality, phone payment, self-service banking processing and high-speed computer-to-computer transmission, to advanced wireless systems. CardPlus focuses its efforts and expertise towards providing data processing, collections and delivery, electronic fund processing and collections, information transmission, payment services and value-added network services.


Citibank 2Q/01

Citigroup reported this morning that income for its North American card portfolio rose 17%, driven by 12% growth in receivables and a 95 bps increase in the net interest margin, more than offsetting a 119 bps deterioration in the net charge-off ratio to 5.51%. However charge volume was essentially flat for the second quarter, at $55.6 billion. Core pre-tax income for Citi’s cards hit $725 million compared to $621 million for 2Q/00. Receivables increased from $92.3 billion to $103.9 billion over the same period. However both charge-offs and delinquency rose significantly. Delinquency (90+ days) increased 37%, from 1.26% for 2Q/00 to 1.72% for 2Q/01 while charge-offs increased from 4.32% to 5.51%. For complete details on Citigroup’s 2Q/01 credit card performance as well as historical statistics visit CardData ([][1]).

2Q/01 1Q/01 4Q/00 3Q/00 2Q/00
EOP RECV: $103.9b 100.5 103.2 97.7 92.3
Q VOL: $55.6b 51.2 56.8 55.2 55.3
ACCTS: 94.1m 93.2 90.8 89.4 83.9
CHG-OFFS 5.51% 4.84% 4.22% 3.95% 4.32%
DEL (90+dy) 1.72% 1.84% 1.46% 1.34% 1.26%
Source: CardData (