Proton Wins Sesames

It was announced in Paris at the leading European smart card show ?Cartes ?99?, that the 1999 Sesames Award for the Best New Application in the Banking Sector has been won by Proton World and Gemplus, for the CEPS-based Proton e-purse.

CEPS, the Common Electronic Purse Specifications, provide for the interoperability of electronic purse schemes worldwide and are supported by organisations representing over 90 per cent of all current electronic purse cards. In line with its strategy to be at the forefront of technological evolution in the smart card industry, Proton World declared immediately upon the official release of CEPS in March 1999 its intention to support and implement CEPS in the Proton technology and to be the first to offer CEPS-based solutions to the market.

The Proton CEPS-based e-purse demonstration application was developed by Gemplus and Proton World and has been ported onto the GemProtonCEPS card. The demonstration uses Banksys? C-ZAM/Smash multi-application terminals and two demonstration systems: a ?domestic? system denominated in euros and an ?international? system denominated in US dollars. The e-purses have two currency ?slots? and are loaded via the Internet or a mobile phone. Visitors to the Cartes 99 exhibition in Paris can see the winning application demonstrated at the stands of Proton World (D88), Europay (E20) and Visa International (H48).

This development is important because it is the first demonstration of a CEPS-based transaction using two smart card schemes. It paves the way for global interoperability between e-purse smart cards.

Armand Linkens, Managing Director of Proton World, said ? I am delighted that the hard work of the joint Proton World-Gemplus CEPS development team has been recognised by this award. Having taken the first step, we will ensure that the product is made commercially available as soon as possible so that internationally- accepted e-purse smart cards can become a reality.?

Marc Lassus, Chairman of Gemplus Associates International, said ? Proton World and Gemplus share a common vision and an excellent spirit of partnership on a day-to-day basis. I am proud that this spirit has resulted in a development, whose innovative value has been recognised by the Sesames Award, and which has set the standard for the rest of the industry to follow.?

The Sesames Awards, now in their fourth year, are recognised as the world?s leading smart card innovation awards that each year single out the smart card industry?s most innovative products. The Awards jury is composed of international specialist journalists and market experts.

This is the second time that the Proton technology has received a Sesames Award. In 1996, the Best New Banking Application Award was won by Banksys for the Belgian Proton domestic applications.

Last year Proton World?s shareholder ERG Group won the Best Transport Application Award for its Octopus smart card ticketing system in Hong Kong. ERG Group and Proton World are working together to combine e-purse and contactless mass transit applications.

Notes for Editors

GEMPLUS S.C.A. is the world?s leading provider of plastic and smart card-based solutions with a 37% market share (by units sold, source: Dataquest 1998) Gemplus sells magnetic stripe cards, memory and microprocessor-based smart cards, smart contactless cards, electronic tags and smart objects. The company designs and markets software, development tools and readers. Gemplus also provides consulting, training and personalisation services to deliver the industry?s most comprehensive and flexible card-based solutions to its developers, distributors, partners and customers. With sales of over US $ 648 million in 1998, Gemplus employs more than 4,300 people in 10 manufacturing facilities, 5 R & D centres and 41 sales and marketing offices, located in 27 countries around the world. Founded in 1988, Gemplus has successfully implemented portable and secure smart card-based solutions to simplify applications such as public and wireless communications, financial transactions, loyalty, transportation, education, healthcare, identity, physical access control, pay TV, electronic commerce, Internet security, logical access control and information technology.

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FastStart for VISA

ACI Worldwide announces the launch of FastStart for Visa, a smart card program designed to help Visa members quickly and easily introduce Visa Smart Credit and Visa Smart Debit with minimum impact on existing systems and processes. The program includes software, a package of integration services, project management and training to facilitate the smooth integration of smart card programs with existing magnetic stripe systems.

FastStart for Visa will streamline the migration of a financial institution’s host system and back-end processing to accommodate smart card technology as easily and inexpensively as possible. The program was developed specifically to help Visa member banks adopt smart card technology without a major systems redesign. To help encourage the migration to chip, ACI has established a special pricing formula for Visa members that helps reduce the investment required to introduce a smart card program.

“For the first time, Visa members will have everything they need to process and manage a complete Visa smart card program,” said Gaylon Howe, senior vice president, Consumer Product Platforms at Visa International. “Our members have been telling us that one of the hardest parts of migrating to chip is changing host systems and back-end processing. I’m delighted that, with ACI, there is now an easy and cost effective solution that supports all international standards and the Open Platform. Through our work with ACI, we have secured substantial cost savings for our members that I am sure will help stimulate greater smart card growth.”

To create FastStart, ACI researched the business and technical requirements Visa member banks must address when launching and maintaining smart card programs. The research discovered that smart card programs must be flexible and adaptable to keep pace with demands for effective security and convenience, both in brick-and-mortar environments and the Internet.

FastStart for Visa addresses these requirements with a program that enables Visa member banks to adopt smart card technology without major systems redesign or unacceptable technical risk.

“Like Visa, our customers have been telling us they want to enjoy the benefits of smart card programs–but that implementing them can be difficult,” said David Russell, president and CEO of ACI Worldwide. “FastStart helps to remove uncertainties. Through our work with Visa, and our experience helping financial institutions add chip technology to their existing systems, we’ve created a program that will help Visa member banks adopt smart card technology with confidence.”

FastStart for Visa software and services will comprise elements of ACI’s BASE24(R) and MONAD(TM) product families–ACI’s proven electronic payments and smart card management products–and consulting expertise from ACI’s international smart card division. ACI’s involvement in the smart card market includes work with financial institutions in the UK that are adopting universal chip based schemes (UKIS), and with financial institutions in the Netherlands that have issued millions of smart cards (Chipper and ChipKnip) controlled by ACI software products.

About ACI Worldwide

ACI Worldwide (Nasdaq: TSAI) is helping customers change the way the world works with Transaction Smoothware(TM) designed to improve the way we live, work and shop. Every minute of every day, financial institutions, retailers and networking industries rely on ACI software and services to smoothly move money and information. As a leading international provider of software for electronic commerce and electronic payments, ACI maintains operations in the Americas, Europe/Middle East/Africa and Asia/Pacific. More than 2,300 customers in 79 countries use ACI distributed solutions. Visit ACI Worldwide on the Internet at [www.aciworldwide.com][1].

About Visa International

As the “World’s Best Way to Pay,” Visa is the world’s leading payment brand and the largest payment system worldwide with more volume than all other major payment cards combined. Visa plays a pivotal role in advancing new payment products and technologies to benefit its 21,000 member financial institutions and their cardholders. Visa has more than 80 smart card programs in 35 countries and on the Internet, with 23 million Visa chip cards, including 8 million Visa Cash cards. Visa is pioneering SET Secure Electronic Transaction(TM) programs to enable and advance Internet commerce. There are over 880 million Visa, Visa Electron, Interlink, PLUS and Visa Cash cards, which generate more than US$1.4 trillion in annual volume. Visa-branded cards are accepted at over 18 million worldwide locations, including at more than 530,000 ATMs in the Visa Global ATM Network. Visa’s Internet address is [www.visa.com][2].

[1]: http://www.aciworldwide.com/
[2]: http://www.visa.com/

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Gemplus Korea

Mondex Korea has selected Gemplus as a strategic partner to supply multi-application cards on the Multos platform and to provide consulting services. Gemplus has also taken an equity stake in Mondex Korea. Implementation has begun on three major smart card projects, with a roll out in 2000 of nearly 400,000 multi-application Gemplus cards on the Multos platform, Mondex purse and a range of other applications such as debit and credit application, loyalty programs, ID and access. Among these projects, one will take place in Hanyang University, where Multos cards with a Mondex purse and a GemClub-based loyalty program will be issued for students. Another project will take place at COEX, a major convention & exhibition centre in Seoul with the issuing of Multos contact and contactless cards, including several applications : Mondex purse, MasterCard credit, Maestro debit, employee identity and public transportation. Gemplus joins existing shareholders: MasterCard Korea, Kookmin Bank, Korea Credit Communication, Amdahl Corp., KDB Capital and TeraSource Venture Capital.

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M&I Offer VISA Biz Chk Card

M&I Data Services, a leading provider of electronic funds delivery solutions, Wednesday announced that it now offers the Visa Business Check Card.

The Visa Business Check Card provides the financial institution with the ability to increase revenues, expand relationships with small business customers, and reduce expenses by minimizing deposit and check processing costs. It can also increase customer loyalty, while attracting new customers. The Visa Business Check Card can be added to a financial institution’s existing debit card program or implemented as a new program.

“This new program allows small business customers to separate personal and business spending, and to track business spending through monthly checking account statements,” says Frank D’Angelo, senior vice president and general manager of the EFD Services division. “It’s more convenient than carrying a business checkbook.”

“Debit cards offer financial institutions an additional method of meeting their small-business customers’ need for convenient access to funds, while providing small businesses with a ‘pay-now’ alternative to cash and checks,” says Mike Souza, Visa U.S.A. vice president of small-business products and services. “Varied enhancements, such as airline rewards, emergency services, and hotel burglary and lost luggage insurance, are offered at the issuer’s discretion and can help distinguish a financial institution’s product in the marketplace.”

Visa is the preferred payment brand and the largest consumer payment system worldwide. It plays a pivotal role in advancing new payment products and technologies to benefit its 21,000 member financial institutions, their cardholders, and the global economy. Visa is the only consumer payment system to facilitate $1 trillion worth of purchases of goods and services in a fiscal year. Visa’s 660 million cards are accepted at more than 14 million worldwide locations, including 370,000 ATMs in the Visa/PLUS global ATM network. The company Web site is [http://www.visa.com][1].

Headquartered in Milwaukee, M&I Data Services is a division of Marshall & Ilsley Corporation (NYSE: MI), a $23.6 billion holding company. M&I Data Services provides leading-edge technology solutions to the financial services industry, offering consulting, software, and processing solutions for financial institutions worldwide.

The Electronic Funds Delivery (EFD) Services division of M&I Data Services provides transaction routing, switching, and authorization services for the electronics funds transfer industry. It supports all major makes and models of ATMs and provides ATM and debit card processing. EFD also performs network gateway services, and has network interfaces to all of the major regional and national ATM and point-of-sale (POS) networks. The EFD Services division provides complete cardholder services, merchant services, credit approval, and portfolio risk management, and offers a neural-network fraud management solution and comprehensive card personalization services.

For more information, visit the M&I Data Services Web site at [http://www.midata.com][2].

[1]: http://www.visa.com/
[2]: http://www.midata.com/

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Plugging In

The number of people in U.S. households who went online in October increased by 2.8 million people, marking a 4.3% increase from September, according to data released Tuesday by Nielsen/NetRatings. Active Internet users grew to 67.8 million in October from 65.0 million people in September. Among top advertisers for October: NextCard and Wingspan. NextCard ads logged 181 million ad impressions and a market reach of 23.7%. Wingspan ads logged 143 million impressions and a 24.1% market reach. The top banner ad viewed in October was Capital One’s ‘VISA Platinum’ with a market reach of 8.0%. The eBay/First USA ad for the ‘eBay VISA’ ranked seventh for the month with a market reach of 5.9%.

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1ClickCharge Hires Teer

1ClickCharge, the pioneering single-click Internet payments service and a majority-owned operating company of CMGI, Inc., Tuesday announced the appointment of Wendy A. Teer as Vice President of Product Services and the promotion of Scott Samios to Vice President of Partner Development. Teer will be responsible for Product Management and Customer Support Services, which includes implementation services, account holder services, merchant support services, and compliance for bankcard and regulatory issues. Samios, formerly Business Development Director, joined 1ClickCharge in January 1999 to build a base of beta merchants and develop marketing alliances for the 1ClickCharge payment service. In his new role, Samios is charged with expanding distribution of 1ClickCharge’s services through co-marketing alliances and relationships with strategic partners, including managing OEM bundling, portal, and CMGI network relationships. CMGI is the world’s largest and most diverse network of Internet companies.

Teer brings a seasoned background to 1ClickCharge, with nine years of experience at MasterCard International and Global Payment Systems working in the bankcard, electronic payment and point-of-sale industries. Most recently, as Vice President Delivery at MasterCard Global Services, Teer managed a project to enhance the database that houses Global Service program instructions for MasterCard member institutions. The project included a complete re-design of the Graphic User Interface (GUI), simplification of set-up and change functions, and the addition of many new features and functions. In addition, she participated in the design and implementation of a Voice Response Unit (VRU) application to service domestic and international customer calls in four languages. Teer’s previous positions at MasterCard and Global Payment Systems included a variety of point-of-sale product management roles, where she played an integral role in developing core product lines. Prior to MasterCard, Teer was Point-of-Sale Project Manager at Deluxe Data Systems/GTE EFT Services and held various management positions at Bank One in Indianapolis, Indiana. She holds a B.S. in Psychology from Ball State University in Muncie, Indiana.

“Wendy’s tremendous skills in the electronic payment industries will prove invaluable as we roll out the 1ClickCharge Internet payment service,” said Heidi R. Goff, President and CEO of 1ClickCharge. “We will count on her to effectively manage our first service as well as all future products and services.”

Over the past 10 years, Samios has focused on growing early-stage startups. He founded and sold two retail ventures, built AirMedia.com’s business development and distribution programs and led EarthWeb’s consulting division, generating a majority of the company’s pre-IPO revenues. Samios earned a B.A. from the University of Richmond, Virginia.

“Scott is a proven relationship builder,” said Brian Smiga, Senior Vice President of Marketing and Business Development at 1ClickCharge. “He will ensure that the right critical mass of partnerships are in place for the successful market launch of the 1ClickCharge payment service.”

About 1ClickCharge(TM)

1ClickCharge’s web payment service, scheduled to launch in the first quarter of 2000, makes credit cards perform like cash on the Internet. With its patented authentication technology, 1ClickCharge gives consumers the ability to easily purchase web content on a pay-per-use basis in small dollar amounts. Because 1ClickCharge is 100% outsourced, merchants will quickly realize profits without the technical hassles typically associated with setting up their own Internet payment service. 1ClickCharge’s mission is to lead the industry in single-click Internet payments under $20, a market space it calls Convenience e-Commerce(TM), beginning with the web content and information needs of business executives, IT professionals and online investors. The company is led by Heidi R. Goff, President and CEO, a 20-year senior management veteran of MasterCard, GlobalPay, ADP and IBM; and Brian Smiga, SVP of Marketing and Business Development, formerly co-founder of software companies Actioneer.com and DaytoDay. 1ClickCharge is a service of 1ClickBrands, LLC, a majority-owned operating company of CMGI, Inc. (Nasdaq: CMGI). Visit the company’s Web site at [www.1clickcharge.com][1].

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

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Email Payments

Silicon Valley-based Confinity launched ‘PayPal.com’ yesterday. The new Web-based servic enables consumers to transfer money via email, Palm organizers, cell phones, pagers and other web-enabled devices. After registering online for the free service, consumers enter the recipient’s email address and a dollar amount. The money is debited from payor’s credit card or bank account, and credited to the recipient. If the recipient is not yet a PayPal user, he or she simply registers on the PayPal.com site after receiving an email notification, and is immediately credited with the amount in the new account. Funds may be withdrawn at any time by electronic transfer to a bank account or a personal check from PayPal.com. Users may also opt to transfer the money on to others. The company says its web-based solution allows customers to own the access points to the payments system through their PCs, cellular phones, and handheld devices, and potentially eliminating bank fees.

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Health Card Crackdown

California’s Department of Corporations announced Tuesday that it is taking enforcement action against discount health benefit card plans or referral card plans that are illegally conducting operations in the state. The Health Plan Enforcement Division says it is generally unlawful for such a plan to engage in business in California unless it has a license from the Commissioner of Corporations pursuant to the Knox-Keene Health Care Services Plan Act of 1975. The DOC says many of these health card plans promise discounts on health care services, most commonly dental, prescription and vision, in exchange for membership fees, which are usually charged on a monthly or annual basis. The so-called discounts they offer may be illusory or duplicative of other health benefits to which the individual is already entitled. In some cases, these plans may also misrepresent the number or geographical distribution of their health care service providers, or their procedures for confirming or monitoring the qualifications of those providers.

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Triton Deployment

Triton announced Tuesday the installation of more than 350 Triton automated teller machines in Dillard’s Department Stores nationwide. Installed and operated by Euronet Services, Inc., Triton’s flagship 9600 series ATMs are now available for use at all of Dillard’s locations in 29 states.

“Our ATMs were well matched with Dillard’s goals for a quick and efficient installation using a product that optimizes customer convenience,” said Ken Paull, vice president of sales and marketing for Triton. “Dillard’s strategic use of ATMs requires the kind of flexibility and upgradability that will allow its ATM network to grow with the expanding needs of both Dillard’s and its customers. The project was an exemplary combination of placement, product and technology – and a great opportunity to work with a cross-section of retail and technology leaders.”

The turnkey solution involves the in-store placement of ATMs from Triton, with transactions processed through the DASH Network using its own ARKSYS(TM) software brand. The ATMs accept all bank cards and most major credit cards.

“Providing ATM access in our stores is another way we can provide added services to our busy customers,” stated David Helm, Dillard’s Assistant Treasurer. “By selecting DASH and Euronet as our ATM solutions provider, we were able to make this project happen quickly and efficiently, just in time for the holiday shopping season,” Helm added.

About Triton

As the leading provider of cash-dispensing ATMs for off-premise locations, Triton is committed to redefining and leading the retail market for cash delivery systems. Triton is the third largest manufacturer of ATMs and ATM management software in the U.S. and has more than 35,000 locations worldwide. The company, headquartered in Long Beach, Mississippi has been named to Inc. magazine’s list of fastest-growing companies in the U.S. for three consecutive years. For more information, visit the Triton website at [http://www.tritonatm.com][1].

About Euronet Services Inc.

Euronet Services Inc. is a leading provider of electronic financial solutions and transaction processing services. Euronet operates a network of over 2,000 ATMs in Europe and the U.S. and offers the only integrated software suite for electronic payment and transaction delivery systems compatible with the IBM AS/400 computer. With offices in eight countries on two continents, Euronet Services offers ATM network development and participation, outsourced management solutions, comprehensive software solutions, and professional and consulting services to retail banks and companies in more than 70 countries around the world.

About ARKSYS(TM)

The ARKSYS(TM) software brand is the market leader in ATM network software for the IBM AS/400 platform, the most widely used system among retail banks. The ARKSYS software fully integrates all aspects of electronic financial transaction processing for retail banking, as well as non-bank institutions, including payment and transaction delivery for ATM systems, credit card and debit card management, POS transaction, comprehensive card and client management, and Internet banking. The core software solution is Integrated Transaction Management (ITM), a suite of payment and transaction functions designed to support virtually every aspect of retail financial delivery. ARKSYS software is currently used by more than 200 clients in over 60 countries.

About DASH

Established in 1996, DASH, a wholly-owned subsidiary of Euronet, provides transaction switching, and ATM and debit card services to 24 financial institutions in Arkansas, Louisiana, Oklahoma and Texas. The DASH network currently operates nearly 500 ATMs.

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

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MasterCard EMV

MasterCard International also announced from Cartes ’99 in Paris the launch of the ‘Chip Acceptance Solutions Enabler’ to accelerate the acceptance of smart cards. ‘CASE’ is a suite of support services designed to guide acceptance solutions providers through all chip-related acceptance, merchant and terminal activities. The primary objective of ‘CASE’ is to increase the number and quality of EMV-compliant chip acceptance solutions available in the market. To this end, MasterCard plans to designate technical resources to assist vendors through the EMV certification process and assist vendors in their implementation support requirements. MasterCard will also offer EMV education and training for identified needs, and actively communicate its, and vendors’, acceptance solutions successes to MasterCard’s membership. MasterCard says the ‘CASE’ initiative is exemplified by the card association’s involvement in guiding Hitachi as it prepared for the introduction of 12,000 chip-supporting point of sale terminals and over 5 million MYCAL MasterCard multi-application smart cards.

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