VeriFone unveiled the ‘Omni 3700’ product family, its newest terminals based on the ‘Verix’ multi-application architecture. The terminal features a 32-bit processor, is compact with a large display and keys in an ATM-style user interface. In addition to payments, the ‘Omni 3700’s’ advanced information collection and remote diagnostic capabilities can be supported via VeriFone’s ‘VeriCentre Appliance Management Suite’, providing help desk operators with a window to the status of terminals’ device handlers, applications, and parameters. Paymentech has Class B-certified the latest version of VeriFone’s ‘SoftPay’ e-payment software that runs on both the ‘Omni 3700’ and the ‘Omni 3300/3350’.Details
Following Visa International’s worldwide launch last week of Visa 3-D Secure, WorldPay is set to lead the way in the implementation of 3-D Secure globally.
WorldPay will provide Arcot’s 3-D Secure technology to its customer base in 109 countries and deploy Arcot Transfort as an outsourced solution to a range of banks to ensure rapid and reliable deployment of the 3-D technology.
Visa 3-D Secure is part of Visa’s Secure Commerce Program and is designed to reduce the risk of unauthorized card usage and make Internet shopping a more successful and secure experience for both buyers and sellers.
3-D Secure offers an additional layer of security, introducing username/password, physical chip card, and Arcot Software Smart Card security, developed and piloted by Arcot and Visa during the past eighteen months.
WorldPay will initially provide 3-D Secure to their 11,000 global e-businesses and concurrently the system will be available to any member of Visa’s issuing bank network around the world to allow their cardholder a 3-D Secure authentication while making a transaction via WorldPay. WorldPay already processes Visa transactions from cardholders in over 200 countries and territories.
Jon Prideaux, Executive Vice President, Virtual Visa said: “The benefits 3-D Secure offers our cardholders and e-businesses will drive adoption and increase e-commerce revenues. Visa is delighted to be working together with WorldPay, the largest multi-currency payment aggregator in the world, to secure e-commerce globally for our cardholders”
“Visa’s 3-D Secure is designed to create a conducive e-commerce environment for buyers and sellers, and to meet consumers’ demand for protection against unauthorized transactions on their card. We have received positive response from our Member banks and e-merchants piloting 3-D Secure in Asia Pacific,” said Mark Burbidge, Senior Vice President and General Manager, e-Visa, Visa International Asia Pacific. “We are pleased to be joined by WorldPay to ensure this level of confidence and security for all parties”
Nick Ogden, Chairman and CEO of WorldPay Ltd, said: “Security continues to be a major concern for e-commerce, but despite this we are seeing month on month increases of over 20% in the number of transactions we process on behalf of existing and new customers, furthermore hundreds of businesses every week are continuing to invest and develop e-business activities. WorldPay is a pioneer in guaranteed online transactions and this agreement with Visa and Arcot significantly enhances the protection against fraud for both e-businesses and cardholders. By providing both ends of the 3-D solution simultaneously in a global deployment we believe that the acceptance and use of the Visa solution will be rapidly driven forward.”
Ram Varadarajan, Founder and COO of Arcot, added: “We’ve worked hand in glove with Visa over the past year and a half to jointly develop the highest possible level of security for consumers. Now, through this innovative partnership with WorldPay, we can offer the consumer an unprecedented level of reassurance and security.”
3-D Secure conforms to The Visa Payer Authentication Service, part of Visa’s Secure Commerce Program, that is designed to reduce the risk of unauthorized use of a cardholder account and make Internet shopping better and safer for both buyers and sellers on the Web.
— Cardholders gain confidence in the security of their funds when purchasing through a 3-D Secure system for Internet transactions
— 3-D Secure will dramatically reduce e-businesses exposure to online credit card fraud
— WorldPay will make 3-D Secure available to their 11,000 global e-businesses with the first fully hosted integration to Arcot’s technology
WorldPay ([www.worldpay.com]) was founded in 1993 and throughout its history has consistently developed innovative and secure Internet-based products and services.
Today, as the globally acknowledged and trusted leader in secure, multi-currency Internet payment solutions, WorldPay enables over 11,000 customers in 109 countries to sell to shoppers around the globe – in the language and currency of their choice.
Through its unique Guarantee, WorldPay makes international online transactions easy, safe and reliable by offering online businesses protection against card fraud, and shoppers peace of mind that they are buying with confidence from WorldPay Guaranteed online stores.
WorldDirect, WorldPay’s multi-currency payment system is integrated to all the leading e-commerce storebuilding applications, including its own Click and Build. Other WorldPay services include micro-payments e-wallet solution WorldAccount, and repeat billing solution FuturePay.
Based in Cambridge, UK, WorldPay’s Asia Pacific regional center is in Singapore and its Americas center is in Sterling, Virginia, USA.
WorldPay shareholders include NatWest Bank Plc, Energis Plc and PSINet
Visa is the world’s leading payments brand and the largest payments system worldwide. Visa-branded cards generate almost US$2 trillion in annual volume and are accepted at over 22 million locations around the world. The Visa organization plays a pivotal role in advancing new payment products and technologies to benefit its 21,000 member financial institutions and their cardholders.
Visa is a leader in Internet based payments and is pioneering the creation of u-commerce, or universal commerce – the ability to conduct commerce anytime, anywhere, over any type of device.
More information on Visa Authenticated Payments can be found at [www.visaeu.com]
Arcot Systems, Inc., is the leading provider of authentication and access control solutions for securing e-business in Internet-scale, transactional and wireless environments. Only Arcot provides cost-effective, scalable, software-based solutions for strongly authenticating users and transactions and managing access for payment systems, B2B extranets, Web portals and virtual private networks.
Arcot solutions meet the business need for strong transactional security while providing the customer a user-friendly experience with anytime, anywhere convenience. Leaders in financial services, healthcare, and e-commerce are using Arcot solutions to protect their customers’ privacy and reduce fraud.
For more information, please visit: [www.arcot.com].
Prepaid mobile customers can now
benefit from web, ATM, credit card and electronic point-of-sale top-up
services with the introduction of an extended range of options provided under
Logica’s Recharge Management System. The technical advance was
announced this week at the Prepaid Mobile 2001 show in Marbella, Spain.
Logica’s Recharge Management System dramatically increases the
attractiveness and ease-of-use of prepaid mobile phones, which have already
secured significant market share in mobile telephony markets. For example,
Logica’s RMS enables network operators to move away from voucher-based
recharge systems and thereby reduce distribution, warehousing and commission
costs. The cost to the operator of each recharge transaction falls
The system already offers complete management of the prepaid voucher life
cycle from secret number generation to secure recharge validation, but the new
features of RMS are certain to improve payment flexibility for mobile users,
opening up many more options which can be found easily in any High Street, on
the phone or at home.
According to Steve Buck, Product Director of Logica’s Intelligent Network
Group, “Deployment of electronic recharge mechanisms can reduce operator costs
by up to 85%. And the extended range of recharge mechanisms now available to
prepaid subscribers makes it easier than ever for them to recharge their
phones, which will make them happier and more loyal customers. It is also
easier for them to maintain a positive credit balance — because subscribers
are far less likely to be remote from recharging facilities — and therefore
the ability to make calls,” Buck added.
Capitalising on its wealth of experience in the financial sector, Logica’s
solution provides flexible interfaces to financial networks (such as acquiring
banks, credit card networks, electronic point of sale and ATM networks) to
enable the delivery of multiple channel recharge options. It also includes a
payments switch, a core component of the system, which has been proven in over
400 banking establishments globally. Logica’s Recharge Management systems has
an excellent track record with over a quarter of a billion recharges completed
over the past 5 years without any reported incidents of fraud.
Logica (LOG.L) is a leading global solutions company providing management
and IT consultancy, systems integration, products, services and support.
Logica’s clients operate across diverse markets including telecoms, financial
services, energy and utilities, industry, distribution and transport and the
public sector. The company has over 12,000 staff in 30 countries worldwide.
Founded in 1969, Logica is listed on the London Stock Exchange where it is
part of the FTSE100 index of the largest UK listed companies. More
information can be found at .
Logica in mobile messaging
Logica is the leading supplier of messaging systems to over 100 of the
world’s top mobile telecom operators; these systems serve over 150 million
active subscribers. Logica’s market leading position will be further enhanced
by the imminent deployment of the world’s first ‘live’ 3G messaging systems.
In addition, Logica is fast becoming a market leader in the emerging world of
multi-media messaging services, and is a leader in wireless Prepaid and
Bankruptcy reform legislation will be stalled for the foreseeable future following the tragic events in New York and Washington last week. The formal meeting of House and Senate conferees, which was scheduled yesterday afternoon, was postponed indefinitely by House Judiciary Chairman James Sensenbrenner (R-Wis.). Sensenbrenner is also the chair of the bankruptcy conference. Reportedly a number of the key members will be consumed with matters relating to last week’s tragedy.Details
Euronet Worldwide, Inc., a leading provider of secure electronic
financial transaction solutions, announced that it will benefit from an
interchange fee increase that is being applied by its outsourcing partner
bank on all of the 369 ATMs serviced by Euronet in Germany.
Recently, German banks lifted restrictions that require a fixed,
transaction interchange fee for domestic Eurocheck (EC) cards, enabling
ATM owners to establish their own ATM usage fee. Euronet’s outsourcing
partner bank has raised the fee by approximately 20%, from DM 4.00 to EUR
2.50 (DM 4.89) on their ATMs across Germany. All of the increase on
Euronet-serviced ATMs will flow through to Euronet as revenues under its
ATM service agreement. Transactions from Eurocheck cards account for
almost 90% of the total transactions performed on ATMs serviced by
Euronet in Germany. Favorable interchange rates enable ATM owners and
operators to provide consumer convenience through ATM deployment in
easily accessible locations.
“We are pleased that the German banking authorities have allowed our
outsourcing partner bank to change the ATM interchange fee,” said Michael
Brown, Chairman and CEO of Euronet Worldwide, Inc. “The timing of this
increase, right before the Christmas holiday season, couldn’t be better.
Germany has accounted for approximately 16% of Euronet’s revenues in the
first half of 2001. The fee increase could affect transaction demand, but
we anticipate that the net result will be an increase in revenues.”
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, and owns and operates the largest independent ATM network in
Europe. With corporate headquarters in Leawood, Kansas, USA, and European
headquarters in Budapest, Hungary, Euronet serves more than 200 clients
in 60 countries. Visit our web site at www.euronetworldwide.com.
InfoSpace, Inc., a leading provider of the platform and applications that enable partners to deliver consumer and commerce services across the Internet to any device over current and next-generation networks, announced that Wells Fargo & Company, the nation’s leading internet bank1, has selected InfoSpace’s payment processing platform, Authorize.Net, for Wells Fargo’s SecureSource payments service.
The new service is an integrated payments solution enabling business customers to accept, fraud-screen and settle credit card and electronic check transactions online — using a single interface. Customers enroll for the new service online and receive an approval decision in seconds. In addition, the service gives customers the ability to view and manage their online payments account and transaction history in real-time — making financial reconciliation and customer dispute management simple and efficient.
“We were the first financial institution to develop proprietary risk and fraud management technology and to integrate it into person-to-person online payments, said Debra Rossi, executive vice president of business Internet services for Wells Fargo. “As the leading Internet bank and the leading small business lender, we continue to pioneer products and services that offer small business customers a direct, practical enhancement to how they manage and grow their small businesses online.” The SecureSource service features Wells Fargo’s proprietary risk and fraud management technology, and electronic check product.
“InfoSpace’s merchant services processed over $1 billion in transactions in the first half of this year. Working with a leading financial institution such as Wells Fargo, we continue to extend our reach and drive increased transaction volumes through our platform,” said Naveen Jain, chairman and chief executive officer of InfoSpace. “This relationship demonstrates our commitment to providing partners with the tools they need to deliver a wider range of services to their customers, build stronger brands and develop new revenue streams.”
InfoSpace’s Authorize.Net(TM) service has been pioneering online payment processing solutions since 1996 providing server-based payment solutions that enable merchants to process transactions in a secure, real-time environment 24 hours a day. Over 120,000 merchants have signed up for Authorize.Net, which enables merchants to authorize, process, and manage credit card and electronic check transactions on Internet-enabled mobile devices and personal computers.
About InfoSpace, Inc.
InfoSpace, Inc. (NASDAQ:INSP) provides an integrated technology platform and suite of applications that enable partners to deliver consumer and commerce services across the Internet to any device over current and next-generation wireless, broadband and narrowband networks. The Company’s array of products includes consumer services, such as communication, entertainment, gaming and speech applications, as well as commerce services, including payments, promotions and shopping. Together, the InfoSpace platform and applications comprise a highly flexible and scalable end-to-end solution that can be rapidly deployed under a partner’s brand. InfoSpace’s partners and affiliates include more than 3,200 Web sites and companies worldwide, including Verizon, AT&T Wireless, Cingular Wireless, ALLTEL, Virgin Mobile, Charles Schwab, Intel, Lucent, Nortel, AOL, Microsoft, Lycos, National Discount Brokers and Bloomberg, among others.Details
First Data Europe, the European subsidiary of electronic payments leader First Data Corp. announced that Marcus Mosen, has been named Managing Director Germany, a new position. The announcement was made today by Gerald E. R. Hawkins, chief executive officer, First Data Europe. The appointment is effective October 1t.
In his new role, Mosen will be responsible for First Data Europe card processing operations in Germany, based in Nuernberg, and promote the further business growth in the German speaking market.
ÂWith both broad payment and communications services knowledge and extensive experience in all aspects of marketing and general management, Marcus Mosen will provide our German business with an entrepreneurial lead in a changing and competitive environment. With Marcus joining our German operations, I am confident that First Data Europe will strengthen its business in a key market place in Europe,Â said Hawkins.
For the last three years Mosen has been vice president for GZS Gesellschaft fuer Zahlungsstystem mbH, the German card processor owned by the German banks. In his last position he was responsible for the Sales and Customer Management Division, before that he managed the Merchant Processing Business Unit. He gained his main professional experience in the telecommunications industry and in the area of Mergers & Acquisitions. Mosen has a German Degree in Business Economics and a British Masters Degree in Business Administration.
About First Data Europe
Based in Basildon, England, First Data Europe is the leading independent third party transaction processor in Europe and EuropeÂs leading Internet-only processor. First Data Europe services major banks and financial institutions in the United Kingdom, Germany, Spain, the Netherlands and the Middle East.
About First Data Corp
First Data Corp. (NYSE: FDC) with global headquarters in Denver, powers the global economy. Serving approximately 2.6 million merchant locations, more than 1,400 card issuers and missions of consumers, First Data makes it easier, faster and more secure for people and businesses to buy goods and services, using virtually any form of payment: credit, debit, smart card, stored-value card or check at the point of sale, over the Internet or by money transfer. For more information, please visit the companyÂs Web site at www.firstdata.comDetails
Official Payments Corporation (www.officialpayments.com) announced that the City and Borough of Juneau, Alaska’s state capital, has signed a service agreement with the company.
The agreement enables Juneau taxpayers to pay their real estate, business personal property and sales tax obligations in addition to utility, ambulance and other specific accounts receivable bills by credit card over the Internet (www.officialpayments.com) or via telephone (800-2PAY-TAX) through Official Payments’ systems. Real estate tax bills were sent out July 1, 2001 and are due September 30, 2001. Sales taxes are due four times a year, on the last day of January, April, July and October. If the last day of a month is a weekend or holiday, taxes will be due the next business day. The new payment systems are scheduled to go live later this month, in advance of the September 30th real estate tax due date. American Express(R), Discover Card(R), MasterCard(R) and Visa(R) are the cards accepted by the program. Official Payments is a leading provider of electronic payment options and has similar agreements with over 900 government entities across the country. The Company has contracts with the Internal Revenue Service, 18 state governments and the District of Columbia to collect taxes, fees, and fines by credit card over the Internet and telephone.
“We are delighted to be continuing our momentum in Alaska. Last month we signed Anchorage, and today we announce new business with the City and Borough of Juneau. I’m pleased with our progress,” stated Thomas R. Evans, Chairman & CEO of Official Payments.
Official Payments Corp. charges taxpayers a convenience fee for processing these credit card transactions. The fee schedule can be found on the Internet at www.officialpayments.com. For example, a taxpayer who owed a current balance of $1,000 in real estate taxes and charged their taxes would find a total of $1,035 on their credit card statement: $1,000 for the tax bill and $35 for the convenience fee. American Express(R), MasterCard(R), Discover(R) and VISA(R) are the credit cards accepted by the program. Taxpayers using credit cards with bonus rewards programs can, depending on their card’s program, earn rewards, points, and cash-back on airline frequent flyer miles for paying their taxes.
About Official Payments Corporation
Official Payments Corporation (Nasdaq: OPAY) is the leading provider of electronic payment options to government entities. The company’s principal business is enabling consumers to pay their government taxes, fees, fines, and utility bills by credit card, via Internet and telephone. The company is unequaled in market penetration and national footprint. Official Payments has agreements to collect and process credit card payments with the Internal Revenue Service, 18 state governments, the District of Columbia, and over 900 county and municipal governments in 48 states across the United States. In 2000, Official Payments collected and processed over $925 million in federal, state and local government payments.
Official Payments was founded in the San Francisco Bay area in 1996. Thomas R. Evans, the former President & CEO of the Internet company GeoCities, became Chairman & CEO of Official Payments in the summer of 1999. Mr. Evans brought Official Payments public in November of 1999, raising $80 million in its IPO on the NASDAQ national market. The company’s success in new client acquisition, increasing business with its existing clients and in building consumer awareness can be attributed to the combination of an enormous market opportunity with a highly skilled and experienced management and staff, aggressive sales and marketing, and a core competency in developing and implementing leading-edge technical systems.Details
Wherever you are in the world, finding an
automated teller machine (ATM) could become easier thanks to an award-winning
pictogram design from NCR Corporation’s (NYSE: NCR) Andy Kit. At the ATM
Industry Association (ATMIA) conference in London today, Kit will be presented
with an award in recognition of his success in developing an icon alerting
customers to the presence of an ATM.
In developing the distinctive pictogram, Kit took as his theme the
withdrawal of cash. “The aim was to give a message that transcended national
and linguistic boundaries,” said Kit. “Obviously, ATMs these days have moved
on from being simply cash dispensing mechanisms, but irrespective of location,
the one thing people associate with an ATM is the availability of cash. The
design I submitted dealt with iconic recognition of the bank note and the
symbol of the hand set against a black rectangle which represents the shutter
of the ATM. These three elements combined communicate the withdrawal of
Competition for the award was fierce with 97 entries from around the world
making the judge’s choice a difficult one. Professor Yukia Ota, who chose
the winning design, is the designer of the emergency exit pictogram and many
other public signs, including the internationally used fire-fighting safety
To mark the milestone reached by the ATM industry in 2001 of one million
ATMs installed globally, ATMIA several months ago started planning this
international competition to find the best design for an ATM pictogram.
“We were delighted at the level of entries,” said ATMIA’s international
director, Mike Lee. “ATMs have become a truly global phenomenon, and
international usage has grown rapidly. They have become an icon of modern
times. It would be a great help to travelers and customers generally to have
an easily recognizable indicator of an ATM’s location. Andy’s design captures
the essence of the ATM experience with a wonderful expressive simplicity.
ATMIA calls upon the whole industry to unite behind this pictogram to turn it
into a worldwide icon in airports, shopping malls, supermarkets, major
thoroughfares and other public places.”
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leader in providing Relationship
Technology(TM) solutions to customers worldwide. NCR’s Relationship
Technology solutions include the Teradata(R) database and analytical
applications such as customer relationship management (CRM) and demand chain
management, store automation systems and automated teller machines (ATMs).
The company’s business solutions are built on the foundation of its long-
established industry knowledge and consulting expertise, value-adding
software, global customer support services, a complete line of consumable and
media products, and leading edge hardware technology. NCR employs 33,300 in
more than 100 countries, and is a component stock of the Standard & Poor’s 500
Index. More information about NCR and its solutions may be found at
Harvey Golub, former Chairman and Chief Executive Officer of American Express Company, has been elected as Chairman of the Board of Directors of ClientLogic, a subsidiary of Onex Corporation. Tom Harbison, ClientLogic’s Chairman prior to the election of Mr. Golub, has been elected as Vice Chairman and will continue to focus on business development and strategic mergers and acquisitions. Mark Briggs’ role of President and Chief Executive Officer is unchanged.
Mr. Golub served as Chief Executive Officer of American Express from 1993 to December 2000. During this period, he led the company through unprecedented growth in value, resulting in total shareholder return of more than 800 percent and an increase in market share after several years of decline. Under his leadership, the company’s market capitalization increased from $11 billion in 1993 to $73 billion at year-end 2000.
In announcing Mr. Golub’s election, Mr. Harbison said, “Harvey Golub will be invaluable in helping ClientLogic achieve its goal to become the leading outsourced customer management provider in the world. As Chairman and Chief Executive Officer of American Express, one of the world’s most respected global brands, Harvey demonstrated his commitment to understanding and satisfying customer needs while building shareholder value. We are confident that ClientLogic will benefit from Harvey’s leadership and strategic insight.”
Mr. Golub stated, “I am looking forward to working with Mark Briggs, Tom Harbison and the rest of the team at ClientLogic. It has rapidly grown from a single call center in 1998 to one of the largest customer management outsourcers in the industry. ClientLogic has tremendous opportunity for continued growth and I look forward to helping it achieve its goals.”
Mr. Golub joined American Express in 1984 as President and Chief Executive Officer of IDS Financial Services, now American Express Financial Advisors. Prior to joining IDS, he was a senior partner with McKinsey and Co.
Mr. Golub serves on the boards of Warnaco Group, Inc., a leading apparel manufacturer, AirClic, an internet infrastructure company, Dow Jones & Co., the Campbell Soup Company, Lincoln Center for the Performing Arts, the American Enterprise Institute, the New York and Presbyterian Hospitals, Inc., the New York City Partnership and Chamber of Commerce and the United Way of New York City. Mr. Golub is also a Senior Advisor to Lazard Freres.
ClientLogic is an international provider of integrated customer management solutions, including customer contact, fulfillment and marketing services. A subsidiary of Canadian diversified company Onex Corporation, ClientLogic is headquartered in Nashville, Tennessee and operates in 55 locations in 11 countries throughout North America, Europe and Australia. ClientLogic’s 250+ industry-leading clients include Hewlett-Packard, Sony Corporation, TiVo, National Geographic Television and Zales.com. ClientLogic offers an international suite of services, including integrated customer acquisition, list management and brokerage, database design and development, multi-channel customer and technical support (phone, fax, eMail, Chat, Self-Help, etc.), eCommerce services and warehousing/fulfillment. For further information about the company, visit [www.clientlogic.com].
TradeCard Inc., the online financial supply chain services provider, and
TradeLink Technologies, the supply chain and logistics solutions provider,
today announced an agreement that will provide shared customers with both
the online financial settlement and transaction services offered by
TradeCard and the electronic shipment information capabilities offered by
The combined services will link the physical and financial supply
chains through online automation. Further, traders using this new offering
will gain comprehensive visibility and control over their transactions for
both the physical movement of goods and the information necessary for
“Companies are changing the way they think about their supply
chains, and they realize that automation has to include financial
processes,” said Daniel Entac, Managing Director of TradeLink Technologies.
“While great strides have been achieved by streamlining the information
process around the movement of goods, adding tools to automate the
financial settlement portion of a transaction will provide tremendous
supply chain benefits. Our alliance with TradeCard allows us to help our
customers speed up the payment side of a transaction through web-based
technology, and achieve real savings in the process.”
By using a powerful system architecture, Hong Kong-based TradeLink
Technologies transforms customers’ purchase order data through a bar code
driver format that allows trading partners such as suppliers and
transportation companies to identify shipments, costs and deliveries. Its
trading portal, TradeLinkOne leverages logistics expertise with Internet
technology to enable information transparency and profitability in business
trading activities. Customers include Tommy Hilfiger, Liz Claiborne,
Warnaco, Williams-Sonoma and Century Distribution.
“We understand the importance of linking the physical movement of
goods with the movement of money. The faster parts, information and
decisions can flow through the chain, the faster companies can respond to
customer needs and save money in the process,” said Kurt Cavano, Chairman
and CEO, TradeCard Inc. “TradeLink Technologies shares our vision that the
supply chain has to include financial settlement and procurement to be
TradeCard is a financial supply chain service provider. TradeCard’s
secure transaction infrastructure greatly reduces the inefficiencies and
uncertainties found in traditional domestic and cross-border trade
transaction processes. By streamlining and enhancing the steps necessary
for purchase order approvals, payment decisions and settlement, TradeCard
provides a cost-effective, practical and patented service for financial
supply chain management. TradeCard, Inc. is headquartered in New York City
with offices in San Francisco, Seattle, Chicago, Hong Kong, Taipei, Seoul
and London. TradeCard can be found on the World Wide Web at http://www.tradecard.com/.
About TradeLink Technologies
TradeLink Technologies, a business logistical solutions provider,
offers international apparel, footwear, hard goods and retail businesses
the expertise and Internet-enabled technology to enhance transparency and
profitability in all business-trading activities. Through its trading
portal, TradeLinkOne.com, the company collects and distributes all
documents, orders and shipping details, automating clients’ inventory and
shipment information. This web-based technology works in conjunction with
thin client server applications located on site at suppliers and
transportation partners. The products are PackOne and Shipone.
TradeLink Technologies enhances procurement, fulfillment, payment,
logistics and full supply chain visibility. The process allows both
retailers and manufacturers to improve supply chain operational
efficiencies and competitiveness, reduce cycle times, maximizes inventory
turnover and decrease total supply chain costs. The company was founded in
April 2000 and has grown to 25 staff and serves such internationally
respected companies as Liz Claiborne, Tommy Hilfiger, Fantastic Garments,
Williams-Sonoma, Century Distribution, BALtrans Logistics and AGI
Logistics. TradeLink One has its main offices in Hong Kong and Charlotte,
NC. USA. Please visit this web-site for further information:
Belgium-based Proton World launched ‘EMV Plus’ this week, a new credit/debit solution based on the ‘EMV 2000’ specifications and Proton ‘Prisma Single Profile’, a new entry-level product in the Proton ‘Prisma’ family of smart card products aimed at EMV issuers. ‘EMV Plus’ is made up of a card application, a host module and a range of complementary services, including advice on migration from magstripe systems, EMV training, partner selection and project management. ‘EMV Plus’ also features multiple brands, fast on-line authorization, multiple profiles, co-branding, card manufacturer independence, and simplified personalization. ‘Proton Prisma SP/EMV’ was developed in response to requests from EMV credit/debit issuers who require the simplest possible smart card solution at the lowest-possible price for their initial EMV migration.Details