EnterpriZ Gateway

PaylinX Corporation, the recognized leader in payment solutions for Internet businesses, call centers and large enterprises, introduced EnterpriZ Gateway, a payment solution especially architected for companies providing application and transaction services to merchants and other companies.

Today’s announcement coincided with the annual meeting of the Electronic Transactions Association, an international trade association representing businesses that provide transaction processing products and services to merchants.

“The business of payments is booming,” states John J. (Jack) McDonnell, chairman and CEO of the three-year-old software company. “In the past year, PaylinX has made huge gains in market share with large-volume merchants. Now we’re ready to help companies provide credit card and other payment services to organizations that want to outsource their payment needs.”

EnterpriZ Gateway is a multi-merchant version of the enterprise payment server that PaylinX introduced in 1996, called EnterpriZ Engine.

“We’ve eyed the ISP, CSP and ASP market for a few months,” says McDonnell. “We talked to service providers wanting to integrate payment services into existing product suites. We talked to merchants with smaller transaction volumes. We talked to merchants with large volumes who want to outsource. We quickly realized that PaylinX has much to offer to aggregators.”

“Large or small, every company wants to provide excellent customer service,” McDonnell explains. “So many of EnterpriZ Gateway’s capabilities are borrowed from EnterpriZ Engine’s secure, reliable payment processing platform.”

McDonnell continues, “This includes fast, real-time processing of payments needing authorization, such as credit card purchases; handling multiple payment forms such as credit cards, electronic checks and procurement cards; a single, integrated enterprise-wide solution for payments originating from multiple channels, whether over the Internet, through call centers and IVR systems, through the point-of-sale and self-service kiosks; a secure, scalable and reliable payment processing platform.”

Still, multi-merchant environments have unique requirements, McDonnell explains further. For example, he says, “EnterpriZ Gateway uses our proprietary Payment Pipe(TM) technology to connect to multiple processors / merchant banks from a single server so that one merchant can use Merchant Bank A and another Merchant Bank B. EnterpriZ Gateway also stores transaction information in a database with ‘firewalls’ so that one merchant can’t access another merchant’s data. It also offers Web reporting so information distribution is simplified.”

“We’re committed to delivering a robust, scalable solution suitable for multi-merchant environments in EnterpriZ Gateway,” McDonnell concludes. “This means delivering the right technology, the right features and the right services.”

About PaylinX

PaylinX Corporation is the recognized leader in payment solutions for Internet businesses, call centers and large enterprises. In 1996, PaylinX pioneered a new approach to enterprise-wide payment processing, a payment server. The PaylinX payment server, called EnterpriZ Engine, is a robust transaction processing platform that operates behind the scenes to authorize and settle credit card and other payment transactions in real-time through built-in connections with third-party processors and merchant banks, all in seamless integration with legacy front-end, customer relationship and financial management systems. The fully scalable PaylinX payment solution enables organizations to accept and process payment transactions across multiple channels – Web storefronts, call centers, interactive voice response (IVR) systems, in-store point-of-sale systems and kiosks – all through a single, uniform payment architecture. PaylinX may be reached at (314) 692-0929 or [www.paylinx.com][1].

[1]: http://www.paylinx.com/


LaserCard DoD Deal

Drexler Technology Corporation announced it has received a $1.2 million purchase order originated by the U.S. Department of Defense for hundreds of LaserCard reader/writer drives plus associated Company-written system software compatible with Microsoft Corporation’s network-oriented Windows NT. The hardware/software upgrade program begins in April and is scheduled for completion in August 2000.

“The commercial significance of this program is not only in boosting the installed base of Drexler’s latest model LaserCard drives and software, but also in the dollar value of follow-on orders for optical memory cards for this DoD application over subsequent years,” commented Drexler’s president, Richard M. Haddock. Drexler’s LaserCard optical memory cards are the digital data-storage media utilized in the DoD application, called the Automated Manifest System.

Company-written system software is provided with the LaserCard drives to create subsystems compatible with a Microsoft network-oriented Windows NT operating system. The Company’s system software, known as a Windows NT device driver, interfaces the reader/writer drive to a personal computer so that the LaserCard data system can write, read, delete, and update data on the LaserCard in much the same way as magnetic floppy disks and hard drives are used. The Windows NT device driver architecture is related to the Company’s U.S. patent 5,029,125 entitled, “Method of Reading and Writing Files on Nonerasable Storage Media.”

Headquartered in Mountain View, Drexler Technology Corporation is the world’s leading manufacturer of credit-card sized optical memory cards that store up to 4 megabytes of data, and hybrid smart cards that store 1 megabyte of data. Drexler’s wholly owned subsidiary, LaserCard Systems Corporation, manufactures reader/writer drives used with optical memory cards and develops and markets LaserCard optical memory card systems and related software. The Company has been issued over 50 U.S. patents related to optical memory cards, systems, and optical storage media plus a total of about 70 foreign counterpart patents granted in a dozen countries.



Nestor, Inc. today announced that the Royal Bank of Canada has licensed Nestor’s PRISM 5.0 case management and workflow system to respond more effectively to high-risk transactions and minimize fraud-related charge-backs. Introduced in December, PRISM 5.0 is a Windows NT-based client/server application that brings comprehensive fraud operations management to the desktop.

“Royal Bank is continually seeking ways to optimize and enhance our risk management operations, and to protect our credit card customers from the threat of fraud,” said Robert Fodor, risk manager fraud prevention and control at Royal Bank. “PRISM’s comprehensive and customizable case management and workflow queuing system offers a level of fraud management and control that is unmatched in the industry,” Fodor added.

PRISM 5.0’s case management system enables fraud analysts to analyze and block suspicious accounts, record cardholder correspondence, forward fraud alerts to other reviewers, and take other proactive steps to prevent fraud. With PRISM 5.0’s flexible workflow system, fraud managers can define levels of priority, direct fraud alerts to specific investigators based on pre-defined criteria, and generate detailed reports on fraud detection performance, queue utilization efficiency, and the effectiveness of fraud analysts in pursuing fraud cases.

Additionally, PRISM’s open software framework will enable Royal Bank to enhance fraud-control efficiency by interfacing their fraud operations to the bank’s card authorization system and other external applications. This open software design will also allow Royal Bank to customize PRISM’s fraud control “action buttons” to meet their unique processing needs.

“We’ve installed PRISM for our clients around the world, and have learned that, while card issuers share a common goal of detecting and preventing fraudulent transactions, each organization employs unique methods to achieve this goal,” said Sushmito Ghosh, Nestor’s executive vice president. “With PRISM 5.0’s redesigned core software architecture, we’re able to provide Royal Bank with a truly flexible and modular software platform that gives them the power to configure the system to best meet their specific fraud-control requirements.”

About Royal Bank

Royal Bank of Canada (RY) is a diversified global financial services group and a leading provider of personal and commercial banking, investment and trust services, insurance, corporate and investment banking, on-line banking and transaction-based services including custody. The group’s main business units include Royal Bank, RBC Dominion Securities, Royal Investment Services, RBC Insurance and Global Integrated Solutions. The group has 50,000 employees who serve 10 million personal, business and public sector customers in 30 countries. For more information, visit Royal bank’s web site at [www.royalbank.com][1]

About Nestor

Nestor, Inc. is a leading provider of intelligent decision-support solutions for the financial services and e-commerce industries. Nestor’s client/server products incorporate innovative pattern-recognition technologies ideally suited for data-intensive, mission-critical decision applications in real-time environments. The company’s products provide predictive fraud detection and case management for e-commerce fraud, credit, debit, retail and commercial card fraud, as well as merchant fraud and customer relationship management. Nestor products are sold direct and by selected partners worldwide. Through its affiliate, Nestor Traffic Systems, Inc., the company also applies its technologies to a suite of video-based intelligent transportation systems that promote enhanced traffic management and improved safety.

[1]: http://www.royalbank.com/


Smart Card Website

CyberMark, the leading developer and supplier of smart card solutions for closed campus markets announces plans to launch a major Internet based service for it’s rapidly growing smart card customer base. The web site, targeted at CyberMark’s 700,000 cardholders, will provide advanced services including the ability to add funds to stored- value chips from bank accounts, membership authentication, loyalty programs, surveys and voting, and downloading new smart card applications over the Internet. The site will bear the logo’s of institutions issuing the cards, and valid cardholders will enjoy free Internet access.

“Over the next twelve months CyberMark expects our smart card base to exceed well over two million subscribers,” said Jeff Staples, director of Internet marketing at CyberMark. “Smart card management tools are now capable of delivering card services over the Internet. CyberMark will be the first to offer such services while expanding the value proposition for cardholders and partner institutions.”

“Card management is an extremely valuable service to CyberMark’s large base of cardholders,” stated Donna Farmer, president and CEO of the Smart Card Forum. “As the smart card industry grows over the coming months, card management services will be a critical element in sustaining growth; satisfying both the consumers demand for new applications, and card issuer’s demands for increased service to their customers.”

Founded in 1996, CyberMark is a leading electronic commerce company, specializing in the creation of smart card communities on the Internet and in closed campus environments.


In The Pink

Sub-prime credit card specialist, The Credit Store, will not be trading on the OTC Bulletin Board today but may appear this morning on the National Quotation Bureau’s ‘Pink Sheets’. The company says it has not been able to meet the deadline set by the NASD to become a publicly reporting company. The Credit Store says it has filed a Registration Statement on Form 10 with the SEC, which is conducting its review. The company says it anticipates that its common stock will be able to resume trading via the OTCBB.



Hypercom unveiled the ‘ICE 6500’ and the ‘ePic ICE 5500″ terminals yesterday. The ‘ICE 6500″ is an Internet-enabled, customer-activated, stand-alone touch screen card payment terminal that integrates a web appliance. The ‘ICE 6500’ is the first stand-alone point-of-sale payment terminal with a 6″, 256-color 1/4 VGA touch graphics display screen and built-in web browser. It supports a full range of electronic payment transactions including debit, credit, check, gift card, and EBT, as well as a range of browser-based value-added functions, such as ECR, on-screen advertising, interactive coupons, e-mail, electronic statements and merchant e-commerce. The ‘ePic ICE 5500’ is a touch screen-based high speed card payment terminal. Offering all of the operational features of Hypercom’s ‘ICE 5000’ terminal, the ‘ePic ICE 5500’ supports a full range of secure electronic payment transactions including debit, credit, checks and EBT. When supplied with a smart card reader, the terminal device also supports smart card based credit, debit and stored value, such as ‘Mondex’, ‘VISA Cash’ and meets the international EMV standard. When used in concert with Hypercom’s ‘ePicPortz’ software, the ‘ePic ICE 5500’ also enables merchants to access a range of Internet-based services including: e-mail, on-screen advertising, interactive electronic coupons, electronic receipt capture and storage, access to DDA account information, merchant e-commerce function, and cash management reporting through a standard browser. The ‘ICE 6500’ will be available in late April while the ‘ePic ICE 5500’ is ready for shipment now.


Discover & Switchboard

Discover Financial Services, a business unit of Morgan Stanley Dean Witter & Co., and Switchboard Incorporated, the popular Internet directory and local merchant network, today announced an expansion of their existing relationship that is focused on helping Discover/Novus Network merchants promote their businesses online.

Discovercard.com now features a custom-designed version of Switchboard’s acclaimed yellow pages directory highlighting Discover/Novus Network merchants participating in the Switchboard Local Merchant Program. Discover/Novus Network merchants participating in Switchboard’s Local Merchant Program will have access to a broad range of cost effective services to help them establish, manage and expand their online presence and reach qualified customers. Based on Switchboard’s “What’s Nearby?” guides, this custom designed version of Switchboard’s yellow pages directory features a series of guides that will make it easier for Discover Cardmembers to find Discover/Novus Network merchants.

Switchboard’s “What’s Nearby?” guides on Discovercard.com are designed to help consumers locate shopping and entertainment options and explore college life across the U.S. These provide Discover/Novus Network merchants an additional level of Internet exposure to help them connect with consumers who are ready to buy as they search for products and services in their local market or across the country.

The guides each have a different area of focus. The Campus Guide, which is tightly integrated with the Discovercard.com StudentCenter, lets any college student enter their campus address and quickly get access to local merchants in their area. The Entertainment Guide allows Discover Cardmembers to simply enter their home or work address, or the address of a travel destination, and then easily find a variety of entertainment oriented businesses that are nearby including restaurants, theatres, museums, golf courses, video rental stores and ice cream parlors. The Online Shopping Guide provides Cardmembers with a categorized index of online merchants to help with all of their shopping needs.

“We are extremely interested in providing easy-to-use online services for our Discover Cardmembers to encourage them to do business with our merchant network,” said Colleen Zambole, vice president, Electronic Commerce, Discover Financial Services, Inc. “This directory of businesses is the latest in a series of online initiatives to provide substantive benefits to our Cardmembers and merchants.”

“We are pleased to see our relationship with Discover Financial Services grow in new directions. The Discover directory and guides bring a new level of exposure to the Discover/Novus Network merchants in our local merchant network while simultaneously introducing a new audience of consumers to the power of Switchboard,” said Switchboard president, Dean Polnerow.

About Discover Financial Services

Discover Financial Services, a business unit of Morgan Stanley Dean Witter & Co., operates the Discover(R) Card brands with more than 48 million Cardmembers and the Discover/Novus Network. The Network is the largest independent credit card network in the United States with more than 3.5 million merchant and cash access locations.

About Switchboard Incorporated

Headquartered in Westboro, Mass., Switchboard Incorporated, is a leading Internet-based local merchant network interconnecting consumers, merchants and national advertisers. Its flagship website, CBS Switchboard.com ([www.switchboard.com][1]) offers a broad range of functions, content and services including yellow and white pages, E-mail and website directories, and interactive maps and driving directions. Viewed more than 50 million times each month, CBS Switchboard.com connects consumers searching for specific products and services with the merchants that provide them. Switchboard also provides local merchants with efficient, cost-effective services to help them establish, manage and expand their businesses online. Banyan Worldwide (NASDAQ: BNYN) and CBS Corporation (NYSE: CBS) own approximately 41% and 31% of the outstanding shares of Switchboard, respectively. Switchboard is a registered trademark of Switchboard Incorporated. “CBS” and the CBS “eye” device are registered trademarks of CBS Broadcasting Inc.

[1]: http://www.switchboard.com/


STAR Partners

Paymentech announced plans Wednesday to implement comprehensive rating criteria for VARs with whom the company works to deliver payment processing solutions. The ‘STAR Partners’ program will focus on a three-tiered VAR classification program. Paymentech will assess payment related issues such as connectivity (Dial, IP, ISDN, etc.); market-specific product lines; AVS and CVV2; purchase card level II; debit (MasterSession or DUKPT); American Express and Discover Card split dial capabilities; and payment options supported within applications, including card types and check services. The project will enhance Paymentech’s ISO and agent bank sales and client relation efforts to identify and determine VAR payment integration offerings as well as the support from Paymentech’s Advance Products Group. Paymentech also announced yesterday the launch of a ‘Top Tier Help Desk’ to provide call and install resources for agent bank and ISO field personnel. A technical staff has been directed to address specific sales and merchant set-up questions.


EC-Karte System

Cubic Transportation Systems completed the installation of Germany’s first full-scale, fully integrated contactless smart card fare collection system for mass transit. The system, which ties 11 independent bus operators to a single fare medium, has just gone into operation in Freiburg. Cubic’s newest contactless ticketing application automatically processes payments, letting bus riders carry different types of tickets on a single card, and allowing payment by the German ‘EC-Karte’ credit card. Cubic’s latest-generation Mobile Fare Computer enables SudbadenBus GmbH to use the ISO-compliant ‘Type A’ contactless card platform. Several cities in Germany have or plan to have transit smart card pilots. Freiburg represents the production implementation of contactless smart card technology. The project was awarded to Cubic in March 1998.


MasterCard & Captura

While VISA has Extensity, MasterCard has Captura. MasterCard Corporate Payment Solutions and Captura announced an agreement to provide MasterCard member banks and their multinational customers with a web-based, integrated, comprehensive corporate credit card payment and expense management system. ‘Captura Expense’ allows global enterprises to allocate payment using single card and electronic payment solutions with the MasterCard card programs. Captura Expense electronically captures accounting data for systematic approval processing, final disbursements, and key business analysis through automated downloads of all credit card transactions.



Ross Perot and PNC Bank have teamed up to deliver a business-to-business digital marketplace for electronic bill presentment and payment. Under terms of the deal PNC Bank and Perot Systems Corp. will own the joint venture 50/50. ‘BillingZone’ will offer a payer-focused EBPP service to business clients. Up to now, EBPP solutions have been primarily driven by the needs of billers, often requiring payers to move from one biller site to the next in order to pay their bills online. PNC Bank is the ninth largest provider of treasury management services in the nation. Time0, a business unit of Perot Systems, is building the venture’s EBPP digital marketplace platform, slated for release this summer. The new organization will be headquartered in Pittsburgh. BillingZone’s EBPP service will be demonstrated at the NACHA conference next month.


Metris Jobs

Metris Companies Inc., one of the nation’s fastest growing direct marketing companies, announced today a recruiting effort to fill approximately 500 positions in the company’s new Scottsdale operations center. Interested candidates are invited to attend a company-hosted job fair on Monday, March 13, from 10 a.m. to 7 p.m., at the new Metris facility at 17600 Perimeter Dr. in Scottsdale.

Metris expects its new Scottsdale facility to accommodate more than 600 collections, customer service, information technology and management employees by year-end. The company currently employs more than 120 people in the Scottsdale area.

“We’re excited to be a growing member of the Scottsdale community and think that we stand a notch above the competition based on our compensation and benefits package, the quality of our facilities, the services we offer and the care we show our employees,” said David R. Reak, executive vice president. “Metris offers a fast track for advancement and an opportunity to work with a highly experienced management team.”

Metris’ expanded growth in Scottsdale reflects the company’s aggressive growth, marked recently by the opening of new facilities in Tulsa, Okla., and Jacksonville, Fla. Later this year, the company will open a new corporate headquarters in suburban Minneapolis.

Metris Companies Inc. is an information-based direct marketer of consumer credit products and fee-based services primarily to moderate-income consumers. Based in St. Louis Park, Minn., Metris also has operations in Jacksonville, Fla.; Champaign, Ill.; Baltimore, Md.; and Tulsa, Okla. It employs more than 3,300 people.

Visit Metris on the Internet at [www.metriscompanies.com][1], [www.directmerchantsbank.com][2], [www.purchaseshield.com][3], [www.idirectalert.com][4], [www.ifraudalert.com][5], [www.itripsaver.com][6], [www.metristravel.com][7].

[1]: http://www.metriscompanies.com/
[2]: http://www.directmerchantsbank.com/
[3]: http://www.purchaseshield.com/
[4]: http://www.idirectalert.com/
[5]: http://www.ifraudalert.com/
[6]: http://www.itripsaver.com/
[7]: http://www.metristravel.com/