Trintech Group reported this morning that first quarter revenues grew 47%. The firm also announced a partnership to jointly develop the next generation of e-payment solutions with enhanced security for mobile commerce. Revenues for the first quarter ending Apr. 30 were $8.8 million compared with $6.0 million for same quarter one year ago. The growth was driven by strong demand for Trintech’s secure e-commerce payment infrastructure solutions. As a result, first quarter software license revenues increased 177%. During the first quarter Korea’s largest VISA card issuer, KEBCS, announced it is rolling out Trintech’s virtual credit card technology to its 5.4 million customers in conjunction with its 820,000 merchant locations across the country. (See CF Library 3/22/00). This morning, Trintech announced a partnership with Baltimore Technologies to ensure that consumers, telcos, merchants and banks can use open networks for secure mobile commerce by combining Baltimore’s e-security products with Trintech’s multi-currency, multi-platform e-payment technology. As part of the partnership, Trintech will integrate ‘Baltimore Telepathy’ wireless e-security products into Trintech’s ‘PayWare eIssuer’ virtual credit card solution to enable secure, authenticated wireless payments. For complete details on Trintech’s 1Q/00 results visit CardData ([carddata.com]).