Wireless Ventures & TrackPower

Wireless Ventures, Inc. announced that it is a party to an exclusive three year services agreement with TrackPower Inc. under its acquisition of 4CASH ATM Services.

Under the terms of the agreement Trackpower grants to 4Cash the exclusive right to act as their Automated Teller Machine (ATM) partner to install, maintain and operate ATMs in locations that Trackpower contracts with at any Racetrack or Gaming related facility. 4CASH will supply, install and commission the ATM’s to process transactions and other services at its expense, with surcharge and revenue sharing structure as set out in the agreement.

4CASH grants to Trackpower the exclusive right to act as their sales and marketing representative to any Racetrack or Gaming related facility.

Stephen Cussons, President & CEO of Wireless Ventures stated, “The signing of this agreement with TrackPower is very important to the growth of the company. This is our first major contract and it will provide us with an entry into very high profile locations across North America. Not only do Racetrack and Gaming locations typically have high volume transactions, the strengths of TrackPower and the Post Time technology will allow us to be innovative in creating multiple revenue streams from these locations.”

Hardave Gill, President of TrackPower stated, “We are very excited about this partnership with 4Cash and look forward to establishing TrackPower as the market leader in delivering interactive kiosks and ATM’s to the gaming industry.”

Wireless Ventures Inc. is involved in the marketing and management of ATMs and related services throughout Canada and the United States. Wireless Ventures Inc. through its operating division 4CASH ATM Services intends to be a leader in the self-service market space in North America by acquiring retail space to offer and deliver products and services that will provide revenues to retailers and bring value added benefits to consumers.

TrackPower, Inc. is currently launching an enhanced interactive video and information service for horseracing. TrackPower will combine leading-edge kiosk technology, provided through its Exclusive Worldwide Distribution Agreement with Post Time Technologies, Inc., with ATM’s to effectively deploy an integrated information service at racetracks, OTB’s and other gaming facilities. The kiosk/ATM system will deliver information, cash, advertising content, loyalty programs, integrated race information, entries and results, live and archived video, e-commerce and other future applications.



Visa International signed an exclusive marketing partnership with the Korea National Tourism Organization (KNTO), building on an already strong partnership between that country’s national tourism body and the world’s leading card payment brand.

Under the three year partnership agreement, Visa is granted exclusive advertising, promotional and marketing rights in connection with consumer payment services, title sponsorship of KNTO events, and preferred brand status for online sales and reservations on KNTO websites.

The partnership also covers the mutual use of both organizations’ brand logos as well as cooperation on merchant signage and promotions targeting major tourist areas in Korea.

At the signing ceremony in Seoul today, Rupert Keeley, President of Visa International Asia Pacific, emphasized the significance of the partnership, commenting, “The exclusive marketing partnership with the KNTO is not simply the culmination of the joint efforts between our organizations to date. It is a new and much broader platform from which Visa will leverage the power of Korea’s, and the world’s, number one consumer payment brand, to launch powerful marketing initiatives to promote Korea as a travel destination to Visa cardholders globally, and to increase tourist spend post arrival.”

Specifically, Visa will run print and other media advertising campaigns, to achieve a target of over 30,000 tour package sales and other travel incentive packages through tie-ups with airlines and travel agencies, and promote specific marketing campaigns through its global network of member financial institutions. The value of this marketing activity is an estimated US$26 million.

In addition to international promotions, Visa will run a merchant partner programme in major tourist belts in Korea aimed at improving customer service for overseas visitors.

Keeley further added, “At Visa we believe that long term alliances with national tourism organizations produce a winning formula. The emphasis is on long term benefits to everyone involved – not just the short terms gains of a single event sponsorship.”

In 1998, Visa formed a three year marketing partnership with the Australian Tourism Commission, and this year Visa will forge a partnership with the Singapore Tourism Board for the “Great Singapore Sale” for the same term.

As the unchallenged leader in the global payment industry with over one billion cards on issue, generating over US$1.9 trillion dollars in card sales volume – Visa is well positioned to add significant value to these marketing partnerships.

For the fourth consecutive year, Visa was voted “The World’s Leading Credit Card” by the World Travel Awards, an annual award that celebrates excellence in world’s travel and tourism industry. Over the past year, nearly US$317 billion was spent for Travel and Entertainment worldwide by Visa cardholders.

Mr. Cho, President of the Korea National Tourism Organization also emphasized the benefits of the partnership for Korea, saying, “The KNTO has worked closely with Visa to promote Korea as a tourism destination to Visa cardholders globally. By leveraging the unsurpassed global reach of the Visa brand, we are confident that the partnership signed today will see tangible benefits – in increased exposure of Korea as a tourism destination as well as in incremental increase in revenue – to both the domestic tourism industry and the broader Korean economy.”

As part of a long-term commitment to Korea, Visa has worked in close partnership with the KNTO to promote Korea as a tourist destination since the launch of the successful destination marketing program “Korea Welcomes Visa” in 1998. In 2000 alone, this marketing program contributed to over US$740 million in tourists’ Visa Card spending in Korea.

In May, with the cooperation of the KNTO, Visa launched the Visa Customer Center Seoul, a full-service information and travel booking center for tourists and business travelers.

About Visa International

Visa is the world’s leading payments brand and the largest payments system worldwide. Visa-processed more than US$1.9 trillion in sales volume in 2000, and Visa cards are accepted at over 22 million physical 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 the number one payment brand in Korea, with over 24 million cards on issue generating over KRW100 trillion (US$84 billion) in card sales volume.



TX-based Wincor Nixdorf will unveil this morning a new, advanced and integrated point-of-sale system. The ‘BEETLE/OnePOS’ system combines an integrated POS unit with the flexibility and reliability of a modular system. Among the key features of the solution: choice of Windows or Linux operating systems, integrated LAN and video, audio interface, and cash-drawer independence for flexible mounting possibilities. Wincor Nixdorf’s BEETLE family of POS terminals range from thin-client POS terminals, to lean- and fat-client POS systems, kiosks, lottery terminals, and mobile POS devices. BEETLE systems include standard retail interfaces, accept a wide range of peripherals, and are compliant with established retail software standards. Last month Wincor Nixdorf added support for dual-screen video to its BEETLE Family of POS systems. The firm also introduced an untethered POS system in May. (CF Library 5/9/01; 5/31/01)



For the fourth consecutive year, the World Travel Awards, the prestigious awards ceremony that acknowledges significant achievements in all areas of the travel and tourism industry, has named Visa the “World’s Leading Credit Card.”

Visa was recognized for its commitment to the traveller and the travel industry, and is considered by many as “the World’s Best Way to Travel.” Criteria used in evaluating companies and organizations include scope of distribution, convenience, and overall best services.

Candidates for nomination in 152 categories were based upon the previous year’s voting. Throughout 2000, travel agents from more than 25,000 agencies in 182 countries registered millions of votes online at the official World Travel Awards website at www.WorldTravelAwards.com, with most of the leading travel Internet sites offering additional online voting facilities.

“We are delighted that Visa has again captured the distinction of `World’s Leading Credit Card’ by the World Travel Awards, for a fourth year in a row,” said Tom Shepard, executive vice president, Global Marketing Partnerships and Sponsorships, Visa International. “With Visa’s acceptance at more than 22 million locations around the world, cardholders enjoy the convenience and confidence that Visa provides. It is a true honor to receive this distinction from one of the industry’s most important awards programs.”

“The World Travel Awards has become the event for the `who’s who’ of the global travel community,” said Manon Han, the Organising Director of the World Travel Awards. “We’re extremely proud to play a role in both celebrating the past achievement and encouraging the future services and products in the industry. The World Travel Awards is now being recognised as the best endorsement that any travel product could receive.”

Established in 1993, the World Travel Awards held its eighth-annual ceremony in conjunction with the Pacific Asia Travel Association’s 50th Anniversary Conference at the Shangri-La in Kuala Lumpur, Malaysia, on April 10, 2001. The World Travel Awards honors leading travel-related organizations in worldwide and regional categories that range from airlines, hotels, beaches and cruise lines to credit cards, car rental companies and hotel reservation services.

Visa International is a strategic partner with many of the leading global corporations and merchants, creating retail and T&E promotions that deliver extraordinary values to Visa cardholders worldwide. Visa’s extensive merchant relationships and marketing partnerships, as well as its unsurpassed acceptance in nearly 300 countries and territories, are driving Visa’s growth in the retail and T&E arenas.

For more information on the 2000 World Travel Awards or for a complete list of winners, visit www.WorldTravelAwards.com.

About Visa

Visa is the world’s leading payment brand and the largest payment system worldwide. Visa-branded cards generate more than US$1.9 trillion in annual volume annually 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. Visa’s Internet address is www.visa.com.



Baltimore Technologies, a global leader in e-security, announced yesterday that
HypoVereins Bank in Germany, Staalbankiers in The Netherlands, Zagrebacka
Banka in Croatia, Allied Irish Bank and Anglo Irish Bank in Ireland and Dexia
Bank in Belgium have all chosen Baltimore’s solutions to provide the level of
security necessary to give customers and employees the confidence needed to
transact and communicate securely online. These customers are further
endorsement that financial institutions worldwide are using Baltimore
e-security to enable secure, authenticated online banking and internal
communication. In addition, these contracts are a solid indication of
Baltimore’s ability to provide e-security solutions for enterprise
applications such as Microsoft Windows 2000.

Baltimore would, however, like to make clear that these particular
contracts were signed over a period of time and yesterday’s announcement
should not be interpreted as being indicative of material incremental license
revenue for the company. However, Baltimore is exploring additional future
revenue opportunities from these customers.

About Baltimore Technologies

Baltimore Technologies develops and markets security products and services
to enable companies to develop trusted, secure systems for e-business, the
Internet and mobile commerce. Its products include a wide range of Public Key
Infrastructure (PKI) products and services, access control and authorisation
solutions, content security (MIMEsweeper) products, wireless e-security
solutions, cryptographic tool-kits, security applications and hardware
cryptographic devices. Baltimore’s global professional services organisation
offers a wide variety of consulting, training and deployment support to its
customers worldwide. Baltimore Technologies markets and sells its solutions
worldwide directly and through the TrustedWorld partner program. Baltimore
TrustedWorld includes many of the world’s leading technology companies and a
wide variety of global, regional and local business alliance partners.

Baltimore Technologies plc is a public company with dual listings on
NASDAQ (BALT) and the London Stock Exchange (BLM).



OTI announced that its wholly owned subsidiary, OTI Africa, has received orders from BP Zambia and BP Tanzania to install 26 FuelMaster stations servicing commercial customers to their networks.

Thousands of additional vehicles are expected to be installed as a result. Additionally, both companies will install systems on-site for a number of prominent fleet customers, enabling them to use FuelMaster for refuelling both at home and on the road. The installations will be completed in Zambia during the third quarter, and the company intends to launch the product in the fourth quarter. FuelMaster is BP’s chosen brand name for OTI’s Gasoline Management System (GMS) in the African market.

These orders are part of a three-year agreement between the two companies to extend the FuelMaster network throughout the southeastern portion of the continent. OTI receives transaction fees based on fuel volumes through the FuelMaster system, in addition to on-going service fees. FuelMaster’s expansion throughout Africa is a result of the system’s success in South Africa, where more than 10,000 vehicles have been installed and over 6,000 FuelMaster Express tags have been issued since its launch late last year. As a result of the FuelMaster system, BP has increased its market share in these African markets. While the FuelMaster program provides convenient fuel management for fleet customers, the FuelMaster Express program targets the private motorist market.

“OTI has proven the success of FuelMaster in South Africa, generating additional demand by fleet companies throughout southern Africa,” said Charlotte Hambly-Nuss, Managing Director of OTI Africa. “Continuing our expansion into Zambia and Tanzania with both on-road and home-base installations offers our fleet customers unmatched support wherever their business takes them.”

“These new sites expand our ongoing partnership with BP South Africa while continuing to fulfill our objective of generating multiple revenue streams from our projects, including support fees and transaction fees,” said Oded Bashan, President and CEO of OTI. “GMS is a proven success around the world, including Turkey, Ecuador, South Africa, and beyond.”

OTI has been appointed by BP to provide encoding, installation, driver training, maintenance, repair, quality control, customer care, technical support, and development services for the FuelMaster program

How FuelMaster Works

Each FuelMaster vehicle is fitted with an antenna mounted around the fuel tank inlet, connected to a smart card installed in the vehicle. The smart card provides unique identification for each vehicle, and is also capable of recording information such as odometer readings. A matching antenna installed on the pump nozzle, is connected to the site computer. When the pump nozzle enters the fuel inlet, the smart card communicates with the site computer. Once the computer is satisfied that a legitimate driver is attempting to fuel an authorized vehicle with the proper fuel grade, the pump will begin dispensing fuel. During refuelling, operating data from the smart card is transmitted to the computer for reporting purposes. Removing the nozzle will immediately stop the flow of fuel. Comprehensive fuel management reports are generated and provided to fleet operators on a regular basis.

How FuelMaster Express Works

The FuelMaster Express program uses an OTI smart key fob to carry a driver’s payment information. The key fob is simply presented to the reader located on the pump nozzle. The reader electronically authorizes the data from the key fob, and if valid, initiates the fueling process. When fueling is complete the key fob is returned to the driver who can depart immediately. It is not necessary to sign a receipt, but a receipt may be requested.

About OTI

Established in 1990, OTI (On Track Innovations) designs and develops contactless microprocessor-based smart card technology to address the needs of a wide variety of markets. Applications developed by OTI include products for mass transit, parking, gas management systems, loyalty schemes, identification, and secure campuses. OTI has regional offices in the US, Europe, Asia Pacific, and Africa to market and support its products. The company was awarded the prestigious ESCAT Award for smart card innovation in both 1998 and 2000. Visit OTI on the Internet at www.oti.co.il.


Working Assets Billing

EUR Systems, a market leader in outsourced and turnkey billing and customer care solutions, announced that Working Assets, a long distance, credit card and Internet company, has signed a three-year extension to their long-standing contract.

Under the contract, EUR will continue to provide message collection, rating, billing, printing and mailing, back office support and remittance processing services for Working Assets. EUR provides Working Assets with a unique bill messaging capability that reinforces the progressive image of Working Assets month after month and enables them to dynamically communicate with their customers. EUR produces bills that contain Working Assets’ newsworthy information and specialized messages and prints them on 100% post consumer waste recycled paper. These customized bills help reinforce what Working Assets stands for… “a world that is more just, humane and environmentally sustainable.”

“EUR provides us with custom features that are important to our clients and to our image,” says Ted Volchok, VP of Billing and Development of Working Assets. “Since 1985, our company has raised over $25 million to non-profit organizations, such as Amnesty International and the Rainforest Action Network. Each bill also highlights two political issues under debate, explaining what’s at stake and whom to contact. Our customers are interested in these issues, and EUR gives us the proper tools we need to easily and efficiently reach all of them.”

“Working Assets sets the standard in making the bill work for them,” said John Boyd, President and CEO of EUR Systems. “We are pleased that our EUR billing technology and service is valued so highly by Working Assets and that we have had the opportunity to partner in their many successes over the past ten years.”

In addition to bill messaging, EUR Systems provides a number of back office functions to Working Assets, such as remittance processing. EUR also manages the Working Assets book club by fulfilling orders, maintaining the inventory and collecting payment.

About Working Assets

Working Assets is a long distance, credit card and Internet services company that was created to build a world that is more just, humane and environmentally sustainable. Since Working Assets was created in 1985, the company has raised over $25 million by helping people make a difference in the world through progressive philanthropy and political activism. Working Assets donates a portion of its revenue to nonprofit groups working for peace, human rights, equality, education and the environment. The company also serves as a strong political force, dedicated to giving its customers the opportunity to speak out on critical public issues. Working Assets’ website is located at [www.workingassets.com][1].

About EUR

Serving the telecommunications industry for over 40 years, EUR Systems is a leading billing and customer care outsourcing service provider offering complete, flexible solutions for maximum revenue. EUR supports some of the world’s foremost communications providers, including AT&T, Global One, Working Assets and Time Warner Telecom, with end-user customer care & billing, inter-carrier billing, and wholesale billing services.

To offer a complete, custom solution, EUR augments its high quality billing services with bill print/stuff/mail, remittance processing and customer service capabilities, and a renowned data center offering complete, 24/7 backup protection. Additionally, EUR offers total ASP solutions using Daleen’s software. The most valuable service EUR offers is its experienced, reliable staff of over 250 telecommunication-industry specialists who are dedicated to offering total creative solutions. EUR’s website is located at [www.eursystems.com][2].

[1]: http://www.workingassets.com/
[2]: http://www.eursystems.com/



The UK continues to lead Europe and the United States for visitors to e-commerce websites, according to the latest results from Internet monitoring company NetValue.

Of the eight countries included in the survey (UK, France, Germany, Spain, Denmark, Norway, Sweden and the US), the UK had the highest percentage of home Internet users visiting an e-commerce website in May.

In the UK, 75.9 per cent of all home Internet users visited an e-tailing website, with 42.1 per cent going on to make a secure connection on a site. In the US, 73.9 per cent of home Internet users visited an e-commerce site, with just 28.8 per cent making a secure connection.

Although Sweden and Denmark have the largest proportion of households online, Swedes and Danes are least likely to shop online. Only 8.1 per cent of Danish visitors and 6.9 per cent of Swedish visitors to an e-commerce website actually entered a secure area of the site, where confidential information is exchanged (for example, entering and transmitting credit card details).

Top 10 European E-Commerce Domains, May 2001(i)

Amazon.de was the number one e-commerce site in Europe last month, visited by more than 2.5 million unique visitors. Lastminute.com was the only travel site to make it into the top ten, visited by more than one million unique visitors in Europe.

(i) This ranking includes data from Denmark, France, Germany, Norway, Spain, Sweden and the UK

Source NetValue Consultancy

European and US Internet penetration

Scandinavia continues to lead the rest of Europe and the US for Internet penetration. In May, 57.6 per cent of Swedish households and 55.5 per cent of Danish households were connected to the Internet. Of the eight countries, the US was in third position, with 50.6 per cent of households connected, and the UK was in fifth position, with 38.4 per cent of households connected.

Although Spain has fewest households connected, users spend more time online and view more pages than any other European country. On average, Spanish Internet users connected for 9.4 hours and viewed 924 pages.

Source NetValue Audience Report, May 2001

About NetValue

NetValue, a global leader in Internet intelligence, delivers unprecedented insight into online user behaviour, e-business, Internet trends and activity, by incorporating its superior technology and pristine research methodology.

NetValue’s technology provides us with the unparalleled flexibility and scalability to customise our offerings and tailor our products to meet clients’ specific business needs. It delivers the greatest depth and breadth of protocol measurement, capturing all Internet protocol activity including web, email, chat, audio, video, games, instant messaging, FTP, etc. NetValue’s aggregation and categorisation technologies provide the most concise panel-based service providing real-time intelligence about Internet activity.

Founded in France in 1998, NetValue has operations in the UK, France, Germany, Sweden, Spain, Denmark, Norway, US, Mexico, Hong Kong, Singapore, Korea and Taiwan. NetValue clients include AOL, MSN, T-Online, Wanadoo, Mastercard, Procter & Gamble, Danone, Deutsche Bank, Morgan Stanley, SG Cowen, Qualcomm and Harvard Business School. NetValue can be reached at http//www.netvalue.com

Panels are recruited by Taylor Nelson Sofres (TNS) globally, and are fully representative of the Internet universe in each country. The process for implementing and managing the user panels is consistent globally, thereby ensuring comparability between each market.


My Travel Wallet

Preferred vendors of the Independent Community Bankers of America, Thomas Cook Global & Financial Services, the financial services division of Thomas Cook Holdings Ltd., and its subsidiary Interpayment Services Ltd. were acquired by The Travelex Group earlier this year. The new combined company is the world’s leading provider of outsourced travel money to financial institutions and travel agencies. Travelex also operates the world’s largest retail foreign exchange business and is the second largest issuer of travelers cheques in the world.

The Travelex Group will continue Thomas Cook and Interpayment’s longstanding relationship with ICBA, its member banks, and the community bank customers they serve. The Travelex Group currently offers two programs to ICBA member banks. Interpayment Services is the provider of the ICBA Visa Travelers Cheque Program that offers customized travelers cheques to ICBA member banks.

Thomas Cook is also piloting My Travel Wallet with approximately 100 ICBA member banks. My Travel Wallet is an online foreign currency ordering solution that is easily integrated into any ICBA member banks’ Web site. My Travel Wallet offers both foreign currency and foreign currency travelers cheques directly to consumers through their ICBA member bank’s Web site. “We look forward to continuing our longstanding relationship with Thomas Cook and look forward to the new technological and global opportunities Travelex can bring to the existing ICBA/Thomas Cook programs,” says Jim Goetz, chairman, Security First Bank of North Dakota.

“We expect the new combined company to bring additional value to the ICBA relationship,” says Tom Tucker, senior vice president of the Global Traveler Services division. “As part of The Travelex Group, we are more committed and focused on the continued success of our existing programs with ICBA. We are looking for new ways to enhance our services, be it through leveraging technology to improve operational efficiencies or by introducing new products and services that support the needs of community bank customers. The latest example is a pilot we are working on with ICBA to streamline travelers cheque settlement via an extranet solution.”

ICBA is the primary voice for the nation’s community banks, representing 5,000 institutions at nearly 17,000 locations nationwide. Community banks are independently owned and operated and are characterized by attention to customer service, lower fees and small business, agricultural and consumer lending. ICBA’s members hold more than $486 billion in insured deposits, $592 billion in assets and more than $355 billion in loans for consumers, small businesses and farms. They employ nearly 239,000 citizens in the communities they serve. For more information, visit [www.icba.org][1] .

[1]: http://www.icba.org/



Gemplus International S.A.announced that it has reached an agreement with Kudelski S.A. (SWXKUD) for the sale of SkiData AG, its leading electronic access-control solutions business unit. The transaction values the SkiData enterprise at 140 million Euro. Under the terms of the agreement, Kudelski S.A. will pay partly in cash and partly in shares. The agreement includes provisions that protect the value and liquidity of the share component to Gemplus. The transaction is expected to close within the next two months subject to customary closing conditions.

Gemplus indicated that this transaction was the result of an ongoing strategic process to further focus on its key growth markets. “Since the days leading to our IPO, we have openly discussed our strategic intent to focus on three important markets Telecommunications, Financial Services and E-Business Security,” said Antonio Perez, President and CEO of Gemplus. “The sale of SkiData results from the implementation of this strategy and reflects our belief that by concentrating our resources and attention on these high growth market segments, we will be much better aligned to achieve the vast potential that they represent.”

Kudelski S.A. is a leader in the domain of conditional access and system management solutions for digital interactive television and broadband internet as well as in the area of smart card-based security and ticketing systems. SkiData, which employs 350 people, had revenues of 81 million Euro in 2000. In 2000, Gemplus reported 1.205 billion Euro in revenue and employed more than 7800 people.

“Both groups have obvious synergies and close cultural ties,” stated Andre Laux, SkiData’s CEO. “We are pleased to join Kudelski S.A.”

“We are delighted that we are able to execute our strategy while preserving employment and reinforcing SkiData’s success,” added Perez. “We have also established an excellent relationship with Kudelski S.A., which could be beneficial over the longer term.”

About Gemplus

Gemplus the world’s number one provider of solutions empowered by Smart Cards (Gartner Dataquest 2001).

Gemplus helps its clients offer an exceptional range of portable, personalized solutions that bring security and convenience to people’s lives. These include mobile internet access, inter-operable banking facilities, e-commerce and a wealth of other applications.

Gemplus is the only completely dedicated, truly global player in the Smart Card industry, with the largest R&D team, unrivalled experience, and an outstanding track record of technological innovation.

Gemplus trades its shares on Euronext Paris S.A. First Market and on the Nasdaq Stock Market(TM) as GEMP in the form of ADSs. Its revenue in 2000 was 1.205 Billion Euros. It employs 7800 people in 37 countries throughout the world.

Gemplus Your Passport to the Digital Age(TM) www.gemplus.com


Bank One DPS

VISA U.S.A. announced this morning that Bank One is converting its check card portfolio to the VISA ‘Debit Processing Service’processing platform. Bank One is the third largest ‘VISA Check Card’ issuer in the U.S. with over 4.2 million cards. In addition to providing ‘VISA Check Card’ processing support, VISA ‘DPS’ will offer HNC ‘Falcon’ fraud detection services which provides real-time neural network scoring, customized rules and strategies, a sophisticated case management workstation, and complete management reporting. The ‘DPS Falcon’ fraud detection service is completely integrated with the DPS authorization system, allowing for real-time authorization decision capabilities.


Pocket Quicken

Intuit and LandWare unveiled this morning ‘Pocket Quicken 2.0’ for the Palm OS platform. Pocket Quicken enables on-the-go access to account balances, credit limits, transaction histories, exchange rates and more. Pocket Quicken’s account list provides a succinct overview of a person’s financial situation and provides alerts when accounts are overdrawn. The account list is flexible, allowing consumers to sort by preferred accounts, account names or types. Two taps provide an instant report of credit card balances, assets, liabilities, investments, cash in hand and more. New to ‘Pocket Quicken 2.0’ is the ability to maintain accounts and transactions in foreign currencies. For example, ‘Pocket Quicken’ allows a consumer to record a hotel bill paid in Swiss Francs or gifts purchased in New Zealand dollars with their American credit card and automatically takes care of the conversion. An extensive list of currencies, including conversion rates, is automatically downloaded from Quicken each time the customer presses the HotSync button, and ‘Pocket Quicken’ places the original amount in the memo field for future reference. A new security feature prompts ‘Pocket Quicken’ users to enter a PIN when viewing account information. Even if the handheld is powered off while ‘Pocket Quicken’ is running, the consumer will be prompted for a PIN upon powering-up the handheld. The product retails at $39.95.