NPC & BAX VirtualPay

National Processing Company has entered an agreement with BAX Global to provide on-line bill payment using VirtualPAY for BAX Global’s bill payment product ePay. This agreement further expands National Processing Company’s (NPC) presence in the on-line bill payment market. NPC is the second largest provider of merchant credit card processing

VirtualPAY is NPC’s user friendly Internet payment service for both check and credit card payments. VirtualPAY is one of the industry’s leading applications for bill payment, funds transfer and on-line Internet purchases. Current users of NPC’s VirtualPAY services include Chevron, ExxonMobil, E*TRADE and GTE. VirtualPAY is a customizable solution that facilitates on-line payments in both the consumer-to-business and business-to- business markets.

“On-line bill payment is an important part of any billers Internet strategy,” said Eric Barth, NPC vice president of Business Development. “VirtualPAY is a turnkey service that enables BAX Global to accept payments directly from their web site. By giving BAX Global customers value added tools such as VirtualPAY at their web site, BAX Global has created new opportunities for their customers to learn about their complete service offering,” Barth added.

“In VirtualPAY, NPC provided us an inexpensive, flexible alternative to participating in electronic bill presentment and payment. We expect that our small to medium size customers will find this application to be convenient and easy-to-use,” commented Jeff Johnson, BAX Global Manager of Revenue Accounting.

About NPC

NPC is a leading provider of merchant credit card processing and corporate outsourcing solutions. NPC supports approximately 500,000 merchant locations, representing one out of every six Visa and MasterCard transactions processed nationally. Approximately 88 percent of the company is owned by National City Corporation, a Cleveland based $86 billion financial holding company. Additional information regarding NPC can be obtained at .

About BAX Global

BAX Global, a $2.1 billion global transportation and supply chain management company, offering multi modal freight forwarding to business-to- business shippers worldwide. The company, headquartered in Irvine, California, operates over 500 offices, located in 123 countries around the world, and has nearly 10,000 employees. Many of the world’s largest companies use BAX Global to manage their supply chain. BAX Global specializes in managing the movement of heavyweight packages and cargo of all shapes and sizes. The company offers specialized services for the aerospace, automotive, trade fairs and exhibits, fashion, hi-tech, and health care industries. The company has more than 180 locations ISO 9002 certified in 23 countries.



First Data announced an agreement with HNC Software to fully integrate HNC’s ‘eFalcon’ real-time Internet fraud detection service into its suite of e-commerce offerings. FDC says it will market the fraud prevention service, under the name ‘FraudTrap’, to its financial institution clients and technology partners, which they can re-brand as a value-added offering to their online merchants. Using neural network and scoring-based technology to indicate the probability that a transaction is fraudulent, this service enables merchants to distinguish in real-time between legitimate and fraudulent online shopping transactions. First Data is integrating ‘FraudTrap’ with its ‘SurePay’ payment gateway, so merchants need only one source for payment processing services, complete with security and fraud tools, as well as for customer service, and receive just one bill and statement for all.


Cryptoflex Smart Card

Schlumberger Network Solutions, a unit of the Test & Transactions business segment of Schlumberger, launched a 16 kilobytes capacity version of its Cryptoflex smart card, giving the ability to store multiple passwords and certificates and enabling an increased number of secure applications and cryptographic services. Called Cryptoflex 16K, this smart card works with all major PKI (public key infrastructure) providers, including the PKI integrated into Windows 2000. It enables multiple applications that do not need to share keys and can be used with Microsoft, Netscape, Entrust and a whole host of applications. Enhanced 2048-bit RSA encryption and Identrus-compliance makes it the ideal portable ID device for securing B2B and B2C e-commerce transactions and network access.

‘The rapid spread of the use of the Internet has made securing user trust over networks fundamental for the growth of businesses today,’ says Jean-Claude Perrin, IT smart cards manager at Schlumberger. ‘Cryptoflex 16K implements the most powerful industry-standard security functions, making it today the ideal portable digital identity device to secure systems requiring strong authentication anywhere in the world.’

‘One of the biggest obstacles to e-commerce expansion is how to prove the identity of an individual over networks and electronic services. Electronic service providers and financial institutions are embracing strong authentication and PKI technology as a key enabler,’ added Marc Hudavert, vice president and general manager of ActivCard Europe. ‘Schlumberger Cryptoflex 16K is the ideal token to perform encryption and digital signature operations, and for storing the increasing number of credentials static passwords, one-time passwords and digital certificates needed to forge agreements and engage payments in a confident and trusted manner. ActivCard Gold software and ActivCard Management Suite seamlessly use Cryptoflex 16K cards to generate, store, control and manage all these credentials, with the strong value of being network independent, PKI independent, and credential independent.’

Unlike computer discs which are very prone to failure, human error or attack by viruses, the on-card cryptoprocessor of the Cryptoflex 16K protects keys and certificates from damage and unauthorized disclosure.

Schlumberger leads the world in the development of smart card security techniques.

Cryptoflex 16K builds on the established Schlumberger Cryptoflex range by extending memory from 8 to 16 Kbytes and speeding up algorithm computation: RSA (2048, 1024, 768 and 512 key lengths) and DES. The enhanced user-selectable key length increases the choices available to IT managers, value-added resellers and developers building commercial security products. It enables a single Cryptoflex-based solution to meet the varied encryption requirements of different countries. The additional memory provides ample space to store valuable information such as remote dial-in numbers, network addresses, account password information and users’ digital credentials. PC/SC & PKCS#11 standard middlewares are also available, enabling the Cryptoflex 16k to work in any heterogeneous IT environment.

About ActivCard

ActivCard S.A., a leader in digital identity and electronic certification technology, delivers core components required to enable next generation business communications and transactions. ActivCard’s technology suite offers the ease-of-use of an ATM transaction with a security level better than a face-to-face meeting. ActivCard’s solutions, in conjunction with the applications support for public or symmetric key-based data confidentiality and integrity, allow individuals and businesses to perform secure online transactions over the Internet. Based on sales, we believe that today, more than one million people use ActivCard products for secure Internet banking, web access and remote access to corporate networks. ActivCard has corporate headquarters in Fremont, California, Suresnes, France, and Singapore.

About Schlumberger

Schlumberger is the leading provider of smart card-based solutions worldwide. Drawing on 20 years experience in pioneering smart card innovations, Schlumberger is continuing to evolve the new generation of smart cards, parking terminals, ticketing machines, payphones, banking terminals, servers, software, applications and systems integration that will play a key role in the 21st century’s digital age. Additional information is available at

Schlumberger Test & Transactions provides smart card-based solutions; semiconductor equipment and services; and corporate IP and network solutions to customers throughout the world. It is a business unit of Schlumberger Limited, an $8.4 billion global technology services company.


billserv SVP Inc., an electronic bill presentment and payment (EBPP) service bureau, announced that Tony Diamond has joined the company as senior vice president of sales and marketing. Diamond brings more than 17 years experience in all aspects of marketing and sales for products, programs and services on a global scale. At, Diamond will oversee all sales and marketing functions of the company including business development, new product development and the planning and execution of the company’s overall growth strategy. Diamond will report to Michael Long, chairman and CEO, and officially joins on July 31, 2000.

Diamond joins from San Antonio-based FAS Construction Management Inc., a company delivering outsourced, Web-based payment solutions to construction lenders nationwide, where he served as vice president of sales and marketing. During his work at FAS, Diamond built the marketing and sales departments, developed numerous new products and programs and created the company’s business plan for domestic and international expansion, as well as other long-term startup ventures.

“Tony’s extensive experience in developing and initiating successful sales and marketing programs makes him a great addition to,” said Michael Long, chairman and CEO. “We’re pleased to add Tony to our management team, where he will play an instrumental role in further developing our vision and driving our growth plans with dedicated focus.” “ has made significant strides in forming important partnerships and securing top-name customers, and is positioned for continued growth and success,” said Diamond. “I’m excited by the opportunity to further integrate’s sales and marketing programs, creating a more powerful, consolidated image and generating results that further the company’s aggressive plans.”

Prior to joining FAS, Diamond served as vice president of marketing for PARIS Technologies where he created the company’s marketing plan, built the sales channel and introduced PowerOLAP, a multi-dimensional database product for mid-sized businesses worldwide. Diamond’s background also includes key marketing positions at Azrock Industries Inc., Coldwell Banker Commercial Real Estate Services and his own sales and marketing consulting firm, Diamond Warkenthien Associates Inc.

About Inc. Inc. (Nasdaq:BLLS) is an electronic bill presentment and payment service bureau that provides billers with a turnkey outsourcing solution for presenting bills to consumers for payment on the Internet. serves an intermediary role between billers and bill aggregators by consolidating customer billing information from multiple billers, and then securely delivering it to aggregators. has four product offerings: eServ(sm), Internet billing clearinghouse services for EBPP; ePublishing(sm), electronic publishing services for online statement delivery; eCare(sm), an interactive customer care center operation; and eConsulting(sm), professional consulting services for billing organizations offering in-house bill presentment. also owns and develops, the first Internet portal dedicated to EBPP, where consumers can pay all their bills electronically. For additional information, visit or call 210/402-5000.


Cap One 2Q/00

Capital One reported its risk-adjusted margin reached an all time record of 17.03%, up from the previous record of 16.57% set last quarter. Cap One says second quarter earnings hit $112.5 million compared to $87.5 million for 1Q/99. During the second quarter, Capital One added 1.8 million net new accounts, bringing total accounts to 27.1 million. For the quarter, Cap One’s managed consumer loan balances increased by $1.6 billion to $21.9 billion. Internet, online account originations and online account servicing increased to 410,000 and 640,000, respectively, as of the end of the second quarter. The managed net charge-off rate remained under four percent for the sixth straight quarter and was 3.97% for the three months ending June 30. The strong account and managed loan growth during the quarter was driven by an increase in marketing expense to a record $212 million compared to $202 million in the first quarter of 2000 and $178 million in the comparable period of the prior year. For complete details on Capital One’s 2Q/00 performance visit CardData ([][1]).



Bonus Card

Garanti Bank announced yesterday it will deploy Hypercom ‘ePic ICE 5000’ card payment terminals at merchant sites throughout Turkey in support of its new ‘Bonus Card’. The new card is the first combined payment and loyalty card in Turkey that uses chip, or smart card, technology. Seven hundred fifty thousand Garanti Bank Bonus cardholders will collect bonus points each time they use their cards. The number of Hypercom terminals initially planned is 2,500. The “Bonus Card” also stores loyalty point balances providing the customer with instant redemption or query. The card is an international payment card, and it is branded with the MasterCard logo.


PayWare mAccess

Trintech Group PLC announced the launch of PayWare mAccess, the industry’s first secure ePayment solution for mobile commerce.

The launch of PayWare mAccess coincides with the announcements today of strategic relationships with and VISA International to collaborate on the next generation of ePayment solutions for mCommerce. The and Visa endorsement of Trintech’s mCommerce strategy will help smooth the transition from PC-based purchasing to wireless shopping on a global basis. and Trintech plan to enable interoperability between Trintech’s PayWare mAccess mobile e-payment server and’s UP.Link(TM) Server to offer their customers a secure, convenient “one click” solution for purchasing from mobile devices.

“Secure and easy payment is one of the most important components of wireless commerce,” says Michel Quazza, Director of Product Marketing at “By working with a leader in mCommerce payment like Trintech to deploy a secure mCommerce infrastructure solution for wireless Internet, we are in a great position to provide our customers with an application that greatly enhances their shopping experience, while also giving them the peace of mind that the transaction is secure.”

“Without doubt, mobile commerce is the next wave in the Internet revolution,” says John McGuire, CEO of Trintech. “Analysts predict the number of wireless subscribers to grow from 20 million today to 1.5 billion by 2005. However, convenient payment remains a barrier to mass consumer adoption. With PayWare mAccess, consumers can transition to the mobile world easily and securely with the benefit of a simple and intuitive payment experience. Through our partnerships with and Visa, we can begin to deploy this technology on a global basis to a wide number of users on many platforms.”

PayWare mAccess addresses the payment requirements of the wireless market by providing card issuers, telephone operating companies, wireless carriers and manufacturers with a server-based product that seamlessly and securely authenticates the user and transfers payment details from wireless devices through to the payment processor for settlement. When deployed with Trintech’s innovative PayWare(R) eIssuer(TM) product, consumers benefit from “one touch” form fill of merchant pages, overcoming a huge hurdle for mCommerce adoption.

PayWare mAccess is configured to work as a stand- alone product at a card issuer, wireless network operator, content converter or portal/ASP, that links to a card issuer’s existing consumer Internet payment application, such as PayWare eIssuer. Consumers can use a variety of access channels, such as cell phones, PDAs, or other wireless access devices, to pay for goods and services with “one touch” form fill convenience and PIN-protected security. PayWare mAccess is also capable of processing a variety of payment card types – credit, debit, purchasing – and accepts card payments in multiple currencies.

About Trintech

Trintech Group PLC is a leading provider of secure electronic payment infrastructure solutions for real world, Internet and wireless transactions. The company, which was founded in 1987, offers a complete range of payment software products for credit, debit, commercial and procurement card applications. Trintech’s secure product range is deployed in over 35 countries worldwide and cover the payment requirements of consumers, card issuing banks, merchant acquiring institutions, merchants, eMerchants, telcos, wireless operators, ISPs/CSPs, Portals and large corporations. Trintech’s range of scalable, open systems architecture solutions for UNIX(R) and Windows NT(TM) platforms covers consumer, merchant and financial institution requirements for all card-based payments, including e- commerce and the emerging world of mobile commerce. Trintech can be contacted in the U.S. at 2755 Campus Drive, San Mateo, CA 94003 (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 [][1]. Investor information can be found at [][2].



FDC 2Q/00

First Data Corp. reported yesterday that its Merchant Processing Services unit delivered second quarter earnings growth of 28% to $126 million on reported revenues of $410 million. Merchant dollar volume processed was up 43% for the quarter. The Payment Instruments unit, comprised largely of Western Union, had revenue of $587 million, up 17%. Results were fueled by strong 19% growth in total worldwide money transfer transactions to 21.3 million. The Card Issuer Services unit posted a 20% increase in earnings to $75 million, with revenue increasing 7% to $361 million. FDC also said it now supports 97,000 on-line merchants up from 45,000 at the end of June, 1999. For the quarter, the identifiable dollar volume generated by Internet merchants tripled to an estimated $4.7 billion. For complete details on FDC’s 2Q/00 performance visit CardData ([][1]).



Aria AllAdvantage

Providian Financial, the nation’s sixth largest bankcard issuer, announced today has signed an agreement with Internet infomediary AllAdvantage that will give the financial services company a new channel for promoting its Internet credit card, Aria Visa. The agreement, signed Monday, June 26, supports Providian’s strategy of developing relationships with key consumer- focused online businesses.

“We are very excited about this new relationship with AllAdvantage, which will significantly expand Providian’s distribution capabilities for Aria,” said John Clark, senior vice president of business and technology development in Providian’s e-commerce division. “Add to that Aria’s capacity to meet the needs of many AllAdvantage members, and our companies’ shared commitment to protecting the privacy of our customers and members, and we believe this will be a winning association for everyone involved.” is an infomediary, gathering information from members and managing their data to reward them with cash as well as discounts on sponsored products and services-while protecting their privacy. This relationship with members also allows to offer businesses a direct channel for delivering direct marketing, communications, electronic commerce, and digital products. This exchange of value and information between consumers and businesses takes place through the Viewbar, a two-way communications window members install on their computer screens and use while they are online.

Aria Visa credit cards, introduced in May 1999, offer one of the lowest introductory APRs on the Web, an instant approval process that can take less than a minute, online balance transfers and customer service, and one of the Internet’s most comprehensive rewards programs. Based on a customer’s profile, Aria determines which of its four distinct card product offerings is appropriate.

The alliance makes it possible to integrate a credit card with targeted merchant promotions and increase the value of the consumer relationship. Because Aria Visa can meet the needs of a broad customer profile, such a large audience for its credit card promotions offers great potential for customer acquisition.

“Providian has teamed up with AllAdvantage because of its impressive Internet position,” said Jim Rowe, head of Providian’s e-commerce business. “This agreement positions Providian for enhanced growth opportunities. We believe the online access and immediate approval the Aria card offers will be particularly attractive to AllAdvantage members.”

About Providian Financial

San Francisco-based Providian Financial ([][1]) is a leading provider of lending and deposit products to customers throughout the United States and offers credit cards in the United Kingdom. Providian Financial was recently named one of America’s Most Admired Companies by Fortune magazine, and the nation’s top financial institution by US Banker magazine. With a commitment to 100% customer satisfaction, Providian helps customers build or rebuild, protect and responsibly use credit. Providian has more than $26 billion in assets under management and over 13 million customers. The Company is committed to safeguarding the privacy rights of its customers; Providian’s privacy policy can be found at the corporate Web site.



MBNA 2Q/00

MBNA Corp. reported yesterday that it signed 212 affinity credit card deals in the first six months of this year. MBNA says net income for the second quarter of 2000 rose to $285.4 million, compared with $227.2 million for the second quarter of 1999. Total managed loans at June 30 were $76.3 billion, a $3.3 billion increase over first quarter 2000 and an $11.8 billion increase over second quarter 1999. During the first six months of 2000, MBNA also added 6.8 million new cardholders or 5.3 million new accounts. Delinquency on total managed loans was 4.44% at June 30. Managed loan losses for the second quarter of 2000 were 3.95%. In the first half of 2000, MBNA added 500,000 new accounts via the Internet and expects 1 million new accounts to be added through this source in 2000. For complete details on MBNA’s 2Q/00 performance visit CardData ([][1]).



Offer Zone

American Express introduced ‘Offer Zone’ this week. The new online destination provides AmEx cardholders and small business cardholders with access to hundreds of national online and local offline values. The offers will range from free shipping and handling and savings of up to 20%, to gifts with purchase and bonus ‘Membership Rewards’ points. Participating merchants include Barnes & Noble, Dell, FTD, Gap, OfficeDepot, and ‘Offer Zone’ also integrates ‘Gold Card Events’ and ‘Platinum Card By Invitation Only’.