Name Change

As part of its new corporate strategy, California-based Fair, Isaac and Company, Inc., has announced that its Credit & Risk Management Associates and DynaMark subsidiaries will change their names to Fair, Isaac as of October 1. Fair, Isaac, a provider of decision-making solutions to businesses worldwide, is integrating the capabilities of CRMA and DynaMark to offer a broader and richer set of solutions to new and existing clients. CRMA, acquired by Fair, Isaac in 1996, consults with financial services, telecommunications, healthcare and eBusiness companies. Partners Don Sanders and Larry Dukes will assume SVP responsibilities for Fair, Isaac’s consumer credit risk management consulting, systems integration and software integration business units.

Fair, Isaac ([][1]) helps businesses worldwide maximize the value of data to make more profitable decisions about their customers, operations and portfolios. Known for its pioneering work in credit scoring and its use of data in transaction-level decisions, Fair, Isaac now delivers data management services, analytics, software and consulting to the financial services, healthcare, telecommunications and eBusiness markets. Headquartered in San Rafael, Calif., Fair, Isaac employs 1,600 people in 18 offices worldwide. For the fiscal year ended September 30, 1998, the company reported revenues of $245.5 million.



Beating Projections

Total System Services announced Thursday that it expects its 1999 net income to exceed its 1998 net income by at least 23%, exceeding the current consensus estimate of a 20% increase in 1999 over 1998. The company also announced that it expects its 2000 net income to exceed its 1999 projected net income by at least 13 – 15%, versus the current consensus estimate of a six percent increase in 2000 over 1999 net income.


Global Cash Deal, signed an LOI to acquire Global Cash, Inc., which is located in the Netherlands Antilles, operating as an Internet merchant gateway for e-commerce transactions.

The acquisition will include existing e-commerce client accounts, with growth forecasted to exceed $125,000,000 annually. will offer the customer friendly Global Cash e-commerce system to the Internet entertainment and gaming industry.

“The acquisition of Global Cash completes our operational strategy to service Internet casino owners with the responsive business solutions they need to be competitive, but more importantly it provides the cornerstone for our strategic growth into “entertaining” e-commerce. All of our five major revenue services (licensing, hosting, software, banking and marketing) are now online and revenue producing. will now take steps to file our Form 10 to become a fully reporting company,” commented Andy Ruppanner, President and CEO of He continued, “Our services business model is now paying dividends with continuing sales of gaming software at $200,000 and ongoing license fees at 30%, as well as annuity revenues with margins exceeding 15%. We are now confident of our ability to attain our year-end business plan.”

Already known for providing the most entertaining Internet casinos, plans to extend their high standards to the e-commerce processing sector of the Internet entertainment and gaming industry. In addition to ensuring safety and security of funds, will initiate new standards in Client service for Internet casinos, including fully protecting any personal information, not selling player’s personal information to mailing lists and most importantly, providing accurate and timely payments. Global E-Cash is a legal form of computer-based currency which can be securely purchased with credit cards, wire transfers, and withdrawn (“cashed-out”) via credit card, check or ATM.

The Company believes that this industry exclusive financial service enhances’s market leadership. Some companies in the same industry are: Cryptologic (TSE: CRY.TO), (OTC BB: YBET), GLC Limited (NASDAQ: GLXW), Starnet (OTC BB: SNMM), (NASDAQ: UBET) and GIC Global Entertainment (OTC BB: GGNC). provides innovative services to the Internet entertainment industry. The services are designed to provide client segmented or turnkey solutions, and include e-commerce, licensing, hosting, marketing, and operational support services in an “off-shore” environment. Recognized for creativity and innovation, the company is dedicated to “Helping Internet gaming entrepreneurs turn their visions into successful companies.” For additional information about our company, please visit our website [][1].




VISA International announced Thursday it has become a member of the Wireless Application Protocol Forum. The development of the WAP standard will enable VISA member banks to offer their cardholders a variety of new services using mobile devices, including the opportunity to purchase goods or services over the Internet via a mobile phone. VISA is the first payment association to join the WAP forum. VISA says its participation will be to ensure that secure mechanisms are developed to enable payment transactions and other applications using mobile devices. VISA will conduct a pilot of wireless application technology with MeritaNordbanken and Nokia in Scandinavia. The pilot, announced in May and scheduled to start next summer, will allow bank customers to make payments over the Internet, or at a merchant location, from a mobile phone as well as being able to download applications securely to an EMV compliant bank card. It will use the world’s first fully compliant WAP phone with security provided by WAP. The payment card will use the Open Platform, developed by VISA, and security for Internet transactions will be provided by SET.



NCR Corporation and Retail Systems Group, LLC announced Thursday that RSG has been named an NCR retail solution partner and value added reseller. Under a sales referral and reseller agreement, RSG’s solutions are certified on NCR’s store automation platforms and the two companies will partner to deliver business solutions to their mutual customers in the convenience store and petroleum marketing industries.

NCR provides complete business solutions to the convenience store industry, offering industry-leading technology, business consulting and customer support services, and partnering with best-in-class software developers and marketers.

“This alliance will expand NCR’s market coverage in the convenience store industry and make reliable NCR technology platforms and support services available to even more retailers,” said John Saccomanno, NCR director of Convenience Store Industry Marketing. “RSG brings recognized expertise in solutions for the convenience store and petroleum industries, and we look forward to working with them.”

RSG is a leading consultant, software provider and systems integrator for the convenience store industry. RSG’s Latitude P.O.S.(TM) application is a 32-bit point-of-sale (POS) system designed by convenience store operators to provide an integrated, flexible, open architecture solution.

“This alliance with NCR, a world leader in retail store automation solutions, is a great way to introduce Latitude P.O.S. to the market,” said David Waters, president of RSG. “Convenience store retailers will have the opportunity to run RSG’s suite of applications on NCR’s proven, state-of-the- art technology platforms.”

RSG’s Latitude P.O.S. application runs on NCR’s 7454 point-of-service (POS) workstations. Designed to withstand the rigors of harsh retail environments, such as those found in convenience stores, the NCR 7454 incorporates advanced multimedia and Web browser capabilities. It not only supports conventional checkout operations, but also can be used as a web kiosk to deliver consumer self-service applications.

Latitude P.O.S. runs under the Microsoft(R) Windows(R) family of operating systems and utilizes scanning and touch screen technology, eliminating the need for an external keyboard. Latitude’s intuitive graphical user interface makes it easy to learn, reducing training time significantly. Latitude P.O.S. can be integrated to all major fuel dispensing equipment and island card readers. It also supports a wide range of credit, debit, and fleet transactions for many credit networks.

About Retail Systems Group

Retail Systems Group, LLC, based in Houston, is a leading supplier of automation technology to the convenience store and petroleum industries. A subsidiary of Digital Consulting & Software Services, Inc., RSG has solutions to move information from the point of sale to the income statement. RSG develops, markets, and supports comprehensive store automation systems. The company also provides site selection evaluation, business and operations analysis and project management services. More information about RSG may be found on the Internet at [][1].

About NCR Corporation

NCR Corporation (NYSE: NCR) is in the business of transforming transactions into relationships. NCR is a recognized world leader in data warehousing solutions, ATMs, point-of-sale systems, high performance scanners, and support services for retail, financial, telecommunications, airline and insurance markets. NCR’s business solutions are built on the foundation of the company’s long-established industry knowledge and consulting expertise, value-adding software, global customer support services, a complete line of consumable and media products, and world-leading hardware technology. More information about NCR and its products may be found on the World Wide Web at [][2].



Cyber-COMM Licenses EMBASSY

Wave Systems Corp., (, a provider of e-commerce, content distribution and security services, Wednesday announced an agreement with Cyber-COMM to license Wave’s EMBASSY technology for the development of a European network of enhanced smart card readers for conducting e-commerce.

Cyber-COMM is a company led by Europe’s largest banks whose mandate is to find technology solutions to solve online consumer security, trust and privacy issues.

Under terms of the agreement, Wave’s EMBASSY technology will be included in the reference platform for Cyber-COMM(R) enhanced smart card readers and PC keyboards. The agreement also allows for Cyber-COMM(R) to sub-license Wave’s EMBASSY technology to third party vendors who will use it to develop “trusted devices” for secure e-commerce.

Cyber-COMM(R) is an active participant of FINREAD, a European Commission project that is issuing public specifications for a common secure smart card reader for e-commerce. FINREAD members include VISA International, EUROPAY International, Groupement des cartes Bancaires (the French consortium for banking smart cards), SIZ (Germany), INTERPAY (Netherlands), BANKSYS (Belgium), BULL and Cyber-COMM(R).

“The European banking community wishes to greatly improve and expand the e-commerce, home banking, and overall online financial services available to its 80 million customers,” said Herve Sitruk, CEO of Cyber-COMM(R). “Consumers need trust and confidence, merchants need a way of guaranteeing payments, and banks need an infrastructure that minimizes the risks of fraud. Cyber-COMM(R), as a member of FINREAD, will help set the standard for secure payments and privacy in Europe. An infrastructure of trust deployed through a consumer-accepted smart card platform will propel Europe into the 21st century and digital commerce.”

“Cyber-COMM(R) represents the leading financial institutions who are responsible for providing consumers and merchants with secure payment systems. Wave is very excited to be part of their plan to address the need for secure payments in cyberspace,” said Steven Sprague, president of Wave Systems. “By providing the trusted computing technology for e-commerce in Europe, Wave is at the foundation of building an infrastructure of trust, which will allow for broad deployment of EMBASSY applications and services to millions of consumers on the Internet.”

“European financial institutions are taking a very aggressive role in partnering with leading technology vendors to provide consumers with an e-commerce infrastructure that will address the obstacles to a digital economy,” said Claude Meggle, director of security for Cyber-COMM(R). “We feel that many of these obstacles, such as a lack of privacy standards and the absence of consumer confidence in online transactions, can be eliminated by Wave’s EMBASSY trusted computing solution.”

Wave Systems Corp.’s EMBASSY Technology

The EMBASSY (EMBedded Application Security System) System is a programmable, open standards based platform for running secure applications and protecting important data and digital identities on individual PCs, peripherals, and other end user devices such as set-top boxes, PDAs, USB ports, etc. Implemented on a secure co-processor, EMBASSY is a software and hardware based solution that provides a trusted environment inside the PC or device for e-commerce transactions while protecting user identities, keys and critical consumer financial information.

For Cyber-COMM(R)., EMBASSY creates a firewall between the smart card reader and the personal computer, which secures multi-level authentication and transaction functions within the smart card reader. This design allows for the use of inexpensive “signing only” smart cards while substantially increasing the transactional security compared to the traditional approach: a passthrough reader where all intelligence and security resides on a smart card. Key features include secure input and secure output and the ability to download information to secure memory. EMBASSY is the first product to support the European requirements for trusted smart card readers.

About Wave Systems Corp.

Founded in 1988, the mission of Wave Systems Corp. is to create the world’s best technologies and services to secure and sell digital information. With the recently completed acquisition of N*Able Technologies, Wave now has a comprehensive line of trusted client co-processor systems. Wave’s technology is an inexpensive, open standards, hardware and software-based device that enables secure transaction processing and distributed information metering in users’ PCs. Embedded in PC hardware and peripherals, set-top boxes and other devices, Wave’s trusted client technology is the foundation for client-based security applications and a new distribution and purchasing model for content and services. This low-cost, secure “system within a system” will enable the personal computer to assume an important new role in the evolving digital economy. By moving secure transactions to the desktop, Wave provides intrinsic value to the electronic commerce process, benefiting PC users, application developers, and hardware manufacturers. For more information, please visit Wave’s corporate web site at [][1].

About Cyber-COMM(R)

Cyber-COMM(R) is a company created by the major French Banks, Banques Populaires,BNP, Caisses d’Epargne, CCF, Credit Agricole, Credit Lyonnais, Credit Mutuel,, La Poste, Societe Generale with participation of international organizations (VISA, EUROPAY), French card organizations (Carte Bleue, Cartes Bancaires), manufacturers such as GEMPLUS, Oberthur, BULL and a Telecom operator France Telecom. The first mission of Cyber-COMM(R) is to develop a unique secure payment system over the Internet, using SET protocol and smart cards and, thus, to boost e-commerce. Cyber-COMM(R) acts as the first PKI to certify secure readers and applications that are going to use those readers.



Centura Lands Navy Contract

Corporation, leader of secure, embedded micro and e-business databases and development solutions for Internet Appliances and intelligent devices, announced Wednesday that it has been awarded a Smart Card contract under the guidance of the Department of the Navy’s Chief Information Officer Smart Card Office (DON CIO SCO). The contract calls for Centura Software to assist the Department of the Navy with its Smart Card Initiative. The use of Smart Card technology is viewed as critical to the success of this effort and provides secure access to existing applications combined with the ability to extend this access to the Internet and information appliances.

The DON CIO SCO is leading an effort that addresses the Department of the Navy’s strategic goal to reduce administrative overhead while increasing the Department’s overall readiness. Tony Cieri, director, Department of The Navy states, “Smart Card Technology is not only about Smart Cards, it’s about the revolution in business affairs and the processes that effect the changes taking place in the virtual realm of E-commerce and e-services. The Department of the Navy has long been on the cutting edge of this technology and is the lead service for the Department of Defense. The positive results of this technology will only serve to further enhance the overall readiness of the Department.”

“We believe that with our background in secure databases, Internet solutions, and our experience in server-centric computing — secure access via smart cards, will help the Navy ensure that their strategic goals can enable the Navy to achieve its stated objectives.” States Scott Broomfield, chairman and chief executive officer of Centura Software. “We are pleased to be supporting the DON CIO SCO as they deploy smart card technology to the Department of the Navy.”

About the DON CIO SCO:

The mission of the DON CIO SCO:

National Defense Authorization Act for Fiscal Year 2000 SEC. 346.

USE OF SMART CARD TECHNOLOGY IN THE DEPARTMENT OF DEFENSE. Not later than October 1, 1999, the Secretary of Defense shall designate the Department of the Navy to be the lead agency for the development and implementation of a Smart Card program for the Department of Defense effective as of the date of the designation.

Not later than November 30, 1999, the Secretary of the Navy shall establish a business plan to implement the use of Smart Cards in one major Naval region of the continental United States that is in the area of operations of the United States Atlantic Command and one major Naval region of the continental United States that is in the area of operations of the United States Pacific Command. The regions selected shall include a major Fleet concentration area. The implementation of the use of Smart Cards in each region shall cover the Navy and Marine Corps bases and all non-deployed units in the region. The Secretary of the Navy shall submit the business plan to the congressional defense committees.

About Centura Software:

Headquartered in Redwood Shores, CA, Centura is a leading provider of secure embedded database, connectivity and development solutions for the Internet Appliance and intelligent devices marketplace. Centura’s product offerings address the growing demand for complete and secure integration capabilities, which enable successful mobile computing. Developers and IT decision makers worldwide have relied on Centura’s rich and innovative technology offerings and its world-class professional services since 1984. The company integrates their solutions in various business systems worldwide including the healthcare, manufacturing, telecommunications and financial industries. Centura has 19 offices worldwide, including locations in North America, Latin America, Asia/Pacific, Europe, the Middle East and Africa. For more information about Centura, visit [][1].



Alfa Bank Licenses TPII

IFS International, Inc. Wednesday announced that Alfa Bank, a major Moscow, Russia-based banking corporation, licensed IFS’ TPII product to manage its network of Automatic Teller Machines, Point of Sale terminals and payment card systems. The Banking Production Centre (BPC), IFS’ authorized distributor in the Russian Federation, will serve as the prime contractor on the project, overseeing the installation and certification of the system. The TPII software will run on Stratus hardware and will drive a network of devices accepting Visa, Europay, Union Card, American Express, Diners, and JCB cards throughout the Russian Federation.

Vladimir Izoutin, Head of Alfa Bank Card Division, justified the bank’s choice as, “Alfa Bank proved itself to be a leading player on the post-crisis plastic card market in Russia. The growing earnings on business volumes allow us to plan strategic investments in modern technology in order to secure our leadership in long term. The choice of the TPII solution is a result of a tender to participate in which we invited all the internationally recognizable suppliers. Our decision in favor of TPII and IFS is based on two major factors — TPII is a proven innovative product designed with new millennium technology trends in mind, and IFS — is a company who has demonstrated its strong commitment to the Russian market even when the times were not so easy.”

Anatoly Loginov, Executive Director of BPC, commented, “Alfa Bank is the first major Russian Banking Corporation to purchase a payment card system since the melt down of the Russian economy. Given the increasing strength of the economy, it is no surprise to us that they selected IFS’ TPII solution to enhance the quality and range of services that they are currently offering their customers.”

David Hodge, CEO and President of IFS International, stated, “IFS is pleased to become associated with another Russian Federation bank. Once again, the partnership between IFS and BPC is providing major banks with the ability to extend their service offerings and leverage existing technologies to compete in the global marketplace. Furthermore, it is clear that our ‘global team’ initiative, that allows for firms like BPC to provide local support for TPII in foreign markets, continues to meet and even exceed local market requirements.”

IFS International, Inc. and Network Controls International, Inc. are divisions of IFS International, Inc., which has headquarters in the USA and subsidiary offices in the USA, UK, Singapore, Australia, and Germany.

IFS International, Inc. develops, markets, and supports software products for the Electronic Funds Transfer (EFT) market. IFS International’s TPII suite of software products provide support for Automatic Teller Machine (ATM), Point of Sale (POS), network switches, smart-card, card management, bank teller platform, home banking and call-center solutions. NCI, Inc. provides complementary products, such as NCI Business Centre, an enterprise-wide retail bank branch solution designed to deliver traditional and Internet/Intranet based transactions.

IFS securities are traded on the Nasdaq SmallCap Market: IFSH Common Stock; IFSHW Redeemable Common Stock Purchase Warrants.



VISA USA and ClaimCard announced a partnership this morning. Through the partnership, ClaimCard will be the VISA ‘TravelMoney’ processor, and will work with VISA ‘Check Card’ and ‘Interlink’ issuers to develop stored value cards. VISA says it has identified several emerging markets that are ready for stored-value solutions. These include medical, insurance, campus-marketing, public benefits, payroll and travel & entertainment. VISA and ClaimCard also indicated this morning they will announce a partnership with one of the country’s premier travel associations shortly. Through the agreement, ClaimCard’s exclusive brand for PIN-based point-of-sale processing will be ‘Interlink’.


Beindorff Quits VISA

The exodus of top talent at VISA continues this morning with the news that Michael Beindorff is leaving to head an Internet healthcare startup. The news also comes on the heels of VISA’s reorganization which was announced yesterday. Beindorff served as VISA’s EVP of marketing and product management for the past four years and was named two weeks ago to be the president and CEO of VISA’s new Internet unit, e-VISA. South San Francisco-based said this morning that Mr. Beindorff will serve as EVP and COO. The Internet healthcare company operates it own pharmacy and distribution center in Memphis, TN. The company says Beindorff will lead the firm’s charge to build brand awareness among the crowded e-health market. Prior to joining VISA, Mr. Beindorff spent 15 years with the Coca-Cola Company where he held a variety of positions including vice president, director of marketing and vice president, director of advertising for Coca-Cola USA. He also serves on the Board of Directors for and on the Board of Advisors for


Fleet Card Competition

Competition among fleet cards for the trucking industry got a shot in the arm yesterday as the FTC and Ceridian reached a settlement over Ceridian’s recent acquisitions. The settlement was reached with Ceridian Corp. and its subsidiary Comdata Holdings Corp. over the acquisitions of NTS Corp. and Trendar Corp. At the time they were acquired, NTS was Comdata’s most significant competitor in the fleet card market and Trendar owned the dominant point of sale system by which truck stops accept fleet card transactions. Under the terms of the settlement, Ceridian would grant licenses to other providers of these systems to process transactions using its fleet cards, and would also grant licenses to other fleet card issuers that want to process their cards through the company’s Trendar system. For three years, Comdata would be required to grant a 10-year license to the Trendar system to new and existing fleet card issuers. Comdata would also be required to refer licensees to a third-party developer approved by the Commission, which would perform all programming or other services necessary to enable the licensees to process transactions on the Trendar system. For three years, Comdata would also be required to grant a 10-year license to fuel purchase desk automation system suppliers currently processing the Comdata’s fleet cards, as well as to the first three new system providers that request a license. Licenses granted to new system providers would be transferrable, so if a better-positioned entrant emerges in the future, it can acquire a license. To help prevent the flow of confidential information obtained from Comdata’s competitors between the company’s fleet card and fuel purchase desk automation system businesses, Comdata would be prohibited from transferring any nonpublic information obtained by these businesses between one another.


Behavioral Insights

Finding revolving cardholders made get easier for card issuers. Equifax introduced Equifax ‘Behavioral Insights’ yesterday, one of two new products from the Equifax ‘Dimensions’ knowledge management platform that is designed to facilitate a better understanding of consumer credit utilization patterns to significantly enhance credit marketing programs. Equifax ‘Behavioral Insights’ provides improved modeling and segmentation using time-series credit trend data. ‘Behavioral Insights’ provides four sets of data attributes based on solutions to common business issues: Propensity to Revolve, Balance Tracking, Mortgage Refinance and Usage and Loyalty.