AmEx Advertising

American Express launched a new brand advertising campaign this weekend which introduces the new company anchor line, “Make Life Rewarding.” The new campaign includes the creation of an original song written as an “anthem” for the two first television spots and performed by recording artist Alana Davis. It also includes a print campaign that reunites American Express with photographer Annie Leibovitz who shot the “Portraits” campaign for the company in the 1980s. The campaign is a mix of 60- and 30-second TV commercials and both single and two-page print spreads. The print campaign, “Rewarding Lives,” will debut in early April in major national magazines. The campaign will feature pairs or groups of individuals whose relationship to one another fosters great success and inspiration. The television spots center on AmEx’s relationships with customers/clients and the company’s role in everyday life. The TV campaign will begin with a series of nine spots. The new AmEx campaign was created by Ogilvy & Mather with Gordon Bowen.





Catuity 4Q/01

Catuity reported total operating revenue of $2.02 million for 2001, an increase of 169% over 2000. Last year, 70% of Catuity’s revenue resulted from the company’s relationship with VISA and 96% of revenue was derived from its US operations. For 2001, the company reported a net loss of $3.88 million compared to a net loss of $3.81 million in 2000. In each of the past two years Catuity’s financial results have reflected non-recurring items, including legal expenses in 2000 and 2001 in connection with a lawsuit filed by Welcome Real-time, a competitor, and an extraordinary loss on the early extinguishment of debt in 2000, and a non-cash sales discount in 2001. If the amounts related to these items were excluded, on a pro-forma basis the Company’s losses would have been $2.78 million in 2001 and $3.28 million in 2000. For current and historical performance on Catuity visit CardData ([][1]).




Vodafone Group Plc and T-Mobile International AG announce an
initiative to create an interoperable mobile payment platform to accelerate
customer and merchant adoption of mobile transactions. The companies are
planning to launch the open platform toward the end of the year, with an
initial roll out in Germany and the UK. Vodafone and T-Mobile hope that other
operators will join them in launching the payment platform.

The payment scheme will deliver a secure and easy-to-use payment solution
for the purchase of goods and services via a mobile device. Wireless
customers simply store their personal details and preferred payment options in
a virtual wallet, and then choose which payment instrument they wish to use
when making payments via their mobile phone, similar to undertaking a
transaction from a conventional wallet.

Multiple payment options will be available including traditional credit
and debit cards, making transactions possible with any participating merchant
of the scheme. It is also possible, as part of this scheme, that smaller
purchases will be billed direct either to the customer’s bill, by pre-paid
top-up card or using other micro payment mechanisms. The aim of the scheme is
to provide an end-to-end experience that is convenient, secure, user-friendly
and trustworthy.

Thomas Geitner, Chief Executive, Global Products and Services, Vodafone,
said, “An open, interoperable platform for mobile payments will be a
significant enabler of m-commerce, enhancing the array of content, services
and commerce options available to customers. Our goal is to bring additional
value to customers by turning their mobile phones into convenient wallets. We
believe mobile customers should be able to use their devices as a payment
tool, much as they use their credit or debit cards or cash today.”

“There is a strong need for industry synergies to drive the usage of
mobile data services,” said Nikesh Arora, Executive Board Member, New
Business, T-Mobile and CEO, T-Motion. “We see a global vision to make the
mobile device multifunctional, a phone “too” approach -consumers using their
devices for phonecalls, as a games console, a messaging terminal or a virtual
wallet. We aim to offer a seamless end-to-end solution for consumers and
enterprises and integrating commerce into that solution is a key milestone.”

Encorus Technologies, owned by eONE Global, is working with the operators
on this initiative by combining its PaymentWorks(TM) software with the
payments expertise of First Data Corp (NYSE: FDC), the world’s largest payment
processor and eONE Global’s largest investor.

About Vodafone

Vodafone is the world’s largest mobile operator with over 100m
proportionate customers worldwide operating in 28 countries across 5

About T-Mobile

Since early 2000, the majority global mobile communication activities of
the Deutsche Telekom Group have been coordinated under the roof of T-Mobile
International AG, one of the world’s largest GSM telecommunications providers.
The acquisition of the U.S. mobile communication providers VoiceStream and
Powertel, represents a key milestone in the company’s internationalization
strategy. With six UMTS licenses T-Mobile will continue to establish its
footprint and gain competitive advantage through its commitment to mobile
data. T-Mobile focuses on two core product areas for mobile data services —
T-Mobile online, focusing on consumer services, and Mobile Business Solutions,
a business-to-business product unit delivering wireless office applications to
the corporate user.

About eONE Global

eONE Global LP ( ) identifies, develops, and operates
emerging payment systems spanning the business, government and mobile markets.
Its operating companies include: govONE Solutions, LP
( ), which enables businesses and consumers to
calculate taxes and make payments to government and businesses electronically;
Taxware ( ) a division of govONE Solutions, is a leading
developer of worldwide commercial tax compliance systems; Encorus Technologies
( ) which is focused on building a flexible and open
infrastructure and developing efficient payment processing services to drive
the acceptance and usage of mobile payments worldwide; and SurePay, LP
( ), which creates electronic business payment solutions to
complete the financial supply chain for enterprises. eONE Global is owned by
global payment services leader First Data Corp. ( ) and
iFormation Group, ( ) a company founded by The Boston
Consulting Group, General Atlantic Partners, LLC and The Goldman Sachs Group


ReconNET 6.1

Trintech Group Plc announced the launch of ReconNET 6.1, the latest release of the industry-standard deposit verification and reconciliation solution. ReconNET 6.1 incorporates a host of new features, including an online browser-based application suite, Print to Excel, Fast Find and Favorites functions. All these enhancements have met with universal approval from one of the solution’s Beta customers, Alabama Power.

The launch of ReconNET 6.1 is one of the highlights of the company’s sixth annual ReconNET Customer Conference, which this year is being held at the San Diego Marriott and Marina, San Diego, California, 17-20 March. The ReconNET Customer Conference provides a forum to discuss best business practices with other ReconNET clients, ReconNET consultants and leading industry vendors through business sessions and industry networking opportunities.

“I did not believe the product could get any better, but the new features in 6.1 make ReconNET even easier to use and our routine operations much faster,” said Marsha Fifer, at Alabama Power. “Due to the complexity of our collection files, a simple search wasn’t sufficient to locate the sixty or so EDIs (Electronic Data Interchange) that are credited to our bank account daily. This process was very time-consuming since standard-matching principles could not be used. Also in Version 6.1, I found the new online application allows us to communicate for research purposes in a one-step process instead of three. This coupled with the new Fast Find features will definitely cut our reconciliation time significantly.”

“ReconNET 6.1 is all about meeting and exceeding our customer’s requirements,” said Tom DeLany, Director of Product Management in the Funds Management Systems Division at Trintech. “We are particularly pleased with the overwhelmingly positive response we received from our Beta customers regarding the new features we added, such as ReconNET Online, Fast Find, Favorites and Print to Excel functions that make ReconNET 6.1 the most advanced deposit verification and reconciliation product in the market.”

Among the more than 275 leading organizations using ReconNET are such well-known companies as Target Corporation, Eddie Bauer, The Limited, Radio Shack, Foot Locker, Best Buy, Hallmark Cards, Verizon Wireless, Sprint PCS, Kroger, AMC Theaters, Budget Rent a Car, Outback Steakhouse, Burger King, Wendy’s, and many others.

About ReconNET 6.1

ReconNET, part of Trintech’s PayWare suite of products, provides business-to-business enterprise reconciliation and treasury platforms that streamline the management of cash deposits, credit card payments and disbursements. ReconNET 6.1 features improvements include support for Microsoft SQL 2000, Windows XP Professional, and Crystal 8.5, extensive usability enhancements and a web-enabled application for access to ReconNET via the Internet.

For additional information about the ReconNET solution, contact Trintech at 15851 Dallas Parkway, Suite 940, Addison, TX 75001 (Tel: 972-701-9802) or on the Internet at .

About Trintech

Founded in 1987, Trintech is a leading provider of secure electronic payment infrastructure solutions for card-based transactions for physical world commerce, eCommerce and mobile commerce. The company offers a complete range of payment software products for credit, debit, commercial and procurement card applications, as well as being a world leader in the deployment of payment solutions for Internet commerce that are fully SSL and SET(TM) compliant. 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 physical payments and the emerging world of electronic commerce. Trintech can be contacted in the U.S. at 2755 Campus Drive, San Mateo, CA 94403 (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 .



CRYPTOCard, ( the innovative leader in Secure Password Technology, announced that it has achieved OPSEC (Open Platform for Security) certification for CRYPTOAdmin 5.16 on Solaris and Windows from Check Point Software Technologies Ltd., the worldwide leader in securing the Internet.

Through OPSEC certification, CRYPTOAdmin 5.16, coupled with CRYPTOCard’s smart cards, hardware tokens, or software tokens, seamlessly integrates with Check Point’s VPN-1(R)/FireWall-1(R) Next Generation (NG) Internet security platform, enabling organizations to positively authenticate users regardless of location or server platform before access is permitted through FireWall-1 and before the VPN-1 tunnel is established.

CRYPTOAdmin 5.16 is an easy-to-implement, strong user authentication solution that positively identifies the individual user attempting to access a network or application – preventing a hacker from gaining access by assuming the identity of a valid user through the use of a lost or stolen password.

Administration and authentication of users occurs at the CRYPTOAdmin 5.16 server, reducing the processing load on Check Point’s FireWall-1/VPN-1, and enabling administrators to add, modify, and delete user profiles in real-time, without taking the FireWall-1/VPN-1 off-line.

“Static passwords, a relic of the 50’s, are far too easily compromised as they do not enable an organization to authenticate each individual user,” explained Malcolm MacTaggart, President & CEO, CRYPTOCard. “CRYPTOAdmin 5.16 provides hack-proof system security without complicating the log-on process.”

“Authentication is a critical component of a remote access solution,” said Upesh Patel, Manager, OPSEC Alliance. “We are pleased that CRYPTOCard has OPSEC Certified CRYPTOAdmin with Check Point NG offering customers a seamlessly interoperable authentication solution.”

Providing centralized authentication with decentralized administration, regardless of network infrastructure or user location, CRYPTOAdmin 5.16 greatly minimizes management costs, as organizations no longer have to reassign passwords or debate password complexity standards with users. CRYPTOAdmin 5.16 provides centralized authentication services for FireWall-1/VPN-1 as well as:

— Administrative access to routers, firewalls, and VPN gateways

— Remote network access via firewalls, NAS, or routers

— Web portals including IIS, Apache, and iPlanet

— Windows network logon

— Exchange servers

— MIT Kerberos TGT authentication CRYPTOAdmin 5.16 supports distributed/hierarchical administration,

replication/fail-over and a wide range of operator definitions on a range of server platforms including Windows NT/2000, Solaris, and Redhat Linux.

For more information about the OPSEC Certified CRYPTOAdmin, please visit:

About CRYPTOCard

Established in 1989, CRYPTOCard provides cost-effective Secure Password Technology to leading enterprises worldwide in the government, technology, aerospace, financial, telecommunications, and healthcare sectors.

The CRYPTOCard system positively authenticates a network user’s identity by coupling something in the user’s possession (a smart card, hardware token, or software token), with something the user knows (a PIN).

CRYPTOCard’s versatile two-factor authentication technology provides centralized authentication for all network access regardless of network infrastructure or user location, and eliminates the need for complicated passwords – greatly reducing Help-Desk costs associated with resetting. Partners include Cisco, Microsoft, Check Point, Entrust, Oracle, and Sun Microsystems.

For additional information on CRYPTOCard, visit

About Check Point’s OPSEC

OPSEC (Open Platform for Security) is the industry’s open, multi-vendor security framework. With over 300 partners, OPSEC guarantees customers the broadest choice of best-of-breed integrated applications and deployment platforms that support Check Point’s Secure Virtual Network Architecture.

Products that carry the OPSEC Certified seal have been tested to guarantee integration and interoperability. For complete OPSEC Alliance program information, including partner and product listings, the freely available OPSEC SDK (software development kit) and evaluation versions of OPSEC Certified products, visit

CRYPTOCard, CRYPTOAdmin, and the SC-1 CRYPTOCard Smart Card are trademarks of CRYPTOCard Corporation. Other products mentioned herein may be trademarks and/or registered trademarks of their respective owners.

Check Point, the Check Point logo, VPN-1, FireWall-1 and OPSEC are trademarks, service marks, or registered trademarks of Check Point Software Technologies Ltd. or its affiliates.


Smart IDs

While many Americans are willing to sacrifice some privacy for increase security, there is still a strong tide against the implementation of a smart card ID program. Interestingly, many consumers trust credit card companies more than the government. More than 40% of U.S. citizens are opposed to the creation of a national identification database to identify citizens and visitors to the United States, according to a recent survey. Only 26% of U.S. citizens agreed that such a database should be established, according to Gartner survey. Opposition to such a database was particularly strong in the southern, western, and midwestern regions of the United States. The survey also disclosed that among private institutions, banks and credit card companies are more trusted than any government agency where national ID administration is concerned. Among government agencies, the FBI ranked as the most trusted to manage a national identity database, followed closely by the Social Security Administration. Least trusted of the agencies suggested were state motor vehicle departments and the Internal Revenue Service.



MasterCard’s charge volume in Asia-Pacific increased 19.77% last year with the highest growth coming from Japan and Korea. MasterCard had US$146.8 billion in volume as Japan and Korea increased by 40%. Volume in China was up 18%. Total credit cards in circulation for the region was 99.6 million and debit cards stood at 135 million. According to MasterCard, only 10% of the region’s three billion people use credit cards.



Further to a news release dated January 16,
2002, LML Payment Systems Inc. is
pleased to
announce its subsidiary LML Patent Corp. has received notification from the
United States Patent and Trademark Office that patent application serial no.
09/851,609 has been approved, resulting in the issuance of United States
No. 6,354,491. The new patent addresses electronic check processing and
relates to existing United States Patent Nos. 5,484,988, 6,164,528 and
6,283,366, all of which are owned by the Corporation’s subsidiary, LML Patent
Corp., and all of which address electronic check transactions.

“We are pleased with the development of our intellectual property estate that
now includes four patents all of which describe electronic checking. Clearly,
our aim will be to generate revenue streams through our intellectual property
licensing program which, with this latest issuance, goes hand in hand with
enforcement of our intellectual property rights,” said Corporation President
and CEO, Patrick H. Gaines.

The Corporation, through its subsidiary LML Payment Systems Corp., is a
financial payment processor providing check processing solutions including
electronic check authorization, electronic check conversion (ECC) and primary
and secondary check collection including electronic check re-presentment (RCK)
to national, regional and local retailers. We also provide selective routing
of debit, credit and EBT transactions to third party processors and banks for
authorization and settlement. The Corporation’s intellectual property estate,
owned by subsidiary LML Patent Corp, includes U.S. Patent No. 6,354,491, No.
6,283,366, No. 6,164,528 and No. 5,484,988 which describe electronic check
processing methods.


Smart Card PCs

Smart card readers imbedded in personal computer keyboards and laptop computers are getting a boost from Panasonic and Keytronics. Indeed, the migration of PCs to smart cards is critical to the mass deployment and development of smart credit cards in the USA. Panasonic Computer Solutions Company yesterday announced that it has beefed up its Toughbook portable computers with a Mobile Intel Pentium 4 processor. The new chip will make the Panasonic laptop the fastest laptop with smart card capabilities. The company said that since the events of September 11th,they have seen a significant increase in smart card interest, especially from the federal government, one of the larger customers for the Toughbook 48 and its predecessor the Toughbook 47. Panasonic is working under the Department of Defense’s Smart Card mandate. The new Toughbook 48 with integrated Smart Card reader enables users to load their agency issue smart card solution for access protection on both the computer and physical authentication ability. The integrated reader is an advantage over an external solution that can be lost or broken or a PC Card solution that occupies a slot that is needed for other requirements. Key Tronic Corporation has been manufacturing smart card readers imbedded in PC keyboards since 1998. (CF Library 11/17/98)



Online Resources Corp., a leading outsourcer of e-financial services, announced that Catherine Graham will join the Company as Executive Vice President and Chief Financial Officer effective March 29, 2002. Graham will focus on the general financial management of the Company, with particular attention paid to broadening the investor base and exploring strategic business opportunities.

“Cathy comes to us with 20 years of experience in the banking and technology fields,” said Online Resources Chairman and CEO Matthew P. Lawlor. “Her experience in taking three companies public and building businesses via strategic acquisitions will be invaluable to Online Resources as we look for alternatives to expand our distribution channel.”

Graham comes to Online Resources after serving as CFO of VIA NET.WORKS, Inc., where in addition to managing the company’s initial public offering, she also negotiated the acquisition of 26 companies in 14 countries over a 24-month period. Prior to VIA NET.WORKS, Graham was Vice President of Finance and Investor Relations Officer for Yurie Systems and headed the transition team after the sale of the company to Lucent Technologies. Graham has also held financial executive positions with Smith Barney, First National Bank of Maryland and Maryland National Bank.

Graham holds an M.B.A. from Loyola College in Maryland and a B.A in economics from the University of Maryland.

About Online Resources

Online Resources (Nasdaq:ORCC – [][1]) is a leading outsourcer of e-financial services, with over 500 bank and credit union clients. The company’s comprehensive Quotien(SM) suite of services provides Internet banking, electronic bill payment-presentment, and other consumer and small business. e-finance applications. The company performs 24×7 customer care and consumer marketing services, giving clients the benefit of a single, integrated solution, backed by a unique end-to-end service guarantee and real-time transaction capabilities. Online Resources processes approximately 70 million transactions annually, including $3.5 billion in consumer bill payments.



TransFirst Buys DPI

TransFirst has acquired DPI Merchant Services, the exclusively endorsed provider of merchant services for the Electronic Retailing Association. DPI is a domestic mail order and Internet payment processor specializing in software, batch, and e-commerce transaction driven solutions. DPI reported $850 million in processing volume last year. TransFirst was recapitalized in 2000 by GTCR Golder Rauner and is looking for strategic acquisitions and mergers. TransFirst recently merged with PulseCard. PulseCard is a health services transaction processing firm with $500 million in annual transactions. TransFirst serves nearly 400 community banks and 44,500 merchant customers nationwide and reported more than $3 billion in processing volume last year. (CF Library 1/25/02)



Gasper Corporation, the leading
provider of self-service management solutions, announced the
licensing of
its Gasper Manager software to State Bank of Mauritius. The leading
Commercial Bank in Mauritius–an island country in the Indian Ocean–and the
winner of the 2001 Bank of the Year Award for Mauritius, SBM is recognized as
one of the world’s top 1,000 banks. State Bank of Mauritius will use Gasper
Manager to effectively manage its ATM network, and to improve the availability
of ATMs in Mauritius as well as nearby branches in India.

“SBM requires reliable software that allows us to improve our banking
infrastructure, while supporting our continuing efforts to modernize and
globalize,” said Sailesh Sewpaul, Team Leader of Online Services for SBM.
“Gasper Manager allows our ATMs to operate reliably, so that our banking
services are more convenient and easily accessible.”

Gasper Manager will enable SBM to monitor the performance of the ATM network,
identify a problem if one should occur, and resolve it in the shortest
time. Gasper manger works with SBM’s service provider to effectively address
and resolve ATM support and maintenance quickly and easily. Additionally, SBM
will benefit from Gasper Manager’s accurate reporting features, which provide
up-to-date information about the status of the network and the performance of
the service providers.

“We are happy to see State Bank of Mauritius join Gasper’s community of users
from around the world,” said Kamal Sibai, Sales Manager of Gasper Corp. for
Middle East Africa and Eastern Europe. “Our solution will help SBM improve
availability of its ATM network that will support the Bank’s goal of offering
the best service to its customers.”

Gasper Manager is used in over 170 financial institutions around the world,
managing a range of self-service terminals from various vendors.

About State Bank of Mauritius

State Bank of Mauritius (SBM) was founded in 1973 and is the largest
company in
Mauritius as measured by market capitalization, commanding just under 27
percent of market share in domestic commercial banking business. In the
domestic market, SBM has a leading position in information technology and the
lowest cost-to-income ratio in the industry. SBM’s delivery network
includes 45
branches and counters, 85 ATMs, and 1,000 point-of-sale merchant terminals
serving over 380,000 individuals and business customers. Apart from commercial
banking, SBM through its subsidiaries and associates also offers financial
leasing, investment banking, fiduciary, stock broking and asset management

The Bank opened its first overseas branch in Mumbai (India) in 1994 and has
since then opened two additional branches, one in Chennai and one in

In 1998, the bank started operations in Madagascar through its subsidiary
Banque SBM Madagascar. The overseas operations focus mainly on corporate
banking, trade finance, correspondent banking and treasury services to
customers. The Banker recently named SBM its 2001 Bank of the Year for
Mauritius. The award reflects outstanding quality and innovation in the
financial world, and the 106 individual country winners represent the cream of
the global banking community.

About Gasper Corporation

Gasper Corporation, a leading provider of Self-Service management software,
offers comprehensive solutions that are specifically tailored to solve
Self-Service management problems. The company’s solutions monitor Self-Service
Terminals (SSTs) and manage the entire SST support process to maximize SST
availability, profitability and customer satisfaction for SST networks
worldwide. Headquartered in Dayton, Ohio, the company’s solutions are used to
manage more than 170,000 SSTs worldwide. Visit the Gasper Corporation web site