Gemplus Conference

Gemplus announced Tuesday the first worldwide developer conference for the smart card industry. ‘Gemplus Developer Conference ’99’ is the result of interest in Gemplus’ Internet Developers’ Program, launched in October 1998 to provide tools and a forum for smart card technology developers and researchers. The conference targets all developer communities, including all technical specialists from the ‘Gemplus Expert Network’, as well as current and future customers, system integrators, research centers, universities and all the persons / entities who develop around smart card products. The aim of the conference is to encourage the exchange of scientific and technological information among smart card application developers.


Hyundai Phone Cards

Hyundai Information Technology Co. Ltd. has selected Teleglobe for its international prepaid phone card business. Marketed under the Hyundai brand name, Hyundai will sell the cards through a team of distributors. Hyundai says it will market the card to U.S. military bases in Korea and other retail markets.The Teleglobe prepaid card also offers complete back office support, from customer service to billing and fraud protection; operator services available in more than 30 languages; and the use of Teleglobe’s global fiber optic and satellite network to place calls from nearly 90 countries worldwide.


AmEx Targets Corporate Canada

Amex Canada Inc. announced Tuesday that it is adding a new management consulting practice to its range of travel and expense management services. The company says the move will help Corporate Canada tackle one of its fastest growing overhead costs – travel and entertainment expenses.

Amex is boosting its consulting capabilities in direct response to growing demand from Canadian businesses for more sophisticated and customized advice on how to control travel-related costs, which are estimated to be a $13 billion annual expense. By paying closer attention to managing these expenses, it says Corporate Canada can save $1 billion annually.

Duke Butler, senior manager in charge of Amex’s Consulting group, says the company is now equipped to assess the travel and expense management (T&E) processes of Canadian businesses and has developed a series of technology tools designed to benchmark and analyze T&E practices.

“Companies are saying they want more from us than just ticket dispensing services,” says Butler. “They want help in studying the whole process of travel and expense reconciliation, and they want us to pinpoint where they can make savings and map out the steps needed to improve efficiency and reduce overall costs. We are prepared to provide this level of service by conducting thorough process reviews, benchmarking against global best practices, providing e-commerce and technology solutions, and formulating and implementing recommendations,” he added.

Amex sees this is a significant new area of business as more companies are getting serious about coming to grips with what is now ranked as their second largest controllable expense. By building a team combining experts in travel management with experienced management consultants, and by investing in technology, Amex believes it is uniquely positioned to bring the most comprehensive practice to the marketplace.

“We have built on the years of knowledge Amex has gathered in helping thousands of clients improve their travel management programs. And we are taking the rich information resources from around the world, and available only to American Express, and making them available to our clients using a management consulting approach,” says Butler.

New consulting technology tools are designed to help companies in several areas including:

– Cost Savings – Determine exactly where savings can be realized in the administration of corporate card programs, as well as through the processing of expense reports and reconciling invoices.

– Travel Policy – Simplify the time consuming process of developing formal policies on travel and business expenses for employees, with an easy-to-use interactive software program that allows companies to create their own guidelines based on the best practices of similar organizations from around the world.

– Purchasing Process – Using a one-of-a-kind database on the purchasing policies and practices of thousands of companies worldwide, clients are able to benchmark their costs, use the information to drive improvements in their overall program and negotiate deals with their suppliers.

American Express in Canada operates as Amex Canada Inc. and Amex Bank of Canada. Amex Canada Inc. is a leading provider of travel related services in Canada and assists companies in managing and controlling their business and travel expenses. Amex Bank of Canada is the issuer of American Express Cards in Canada. Both companies are wholly-owned subsidiaries of the New York-based American Express Travel Related Services Company, Inc., the largest operating unit of American Express Company, which provides a wide range of financial and travel related services for consumers and companies.



JCP announced Tuesday that it is developing its PKI application platform, ‘Trustbase’, to support Barclays’ ‘Endorse’. ‘Endorse’ , piloted in June 1998, is a smart card based digital signature service which enables cardholders to establish a trusted their identity online to both public and private sector organizations. ‘Trustbase’ contains pre-built functions such as digital certificate based authorization, rapid PKI-enablement and non-repudiation. Barclays says the key factor in choosing to work with JCP was that ‘Trustbase’ dramatically cuts the costs of supporting the projected high number of ‘Endorse’ customers, since they can safely receive automatic software updates over the Internet thanks to JCP’s pioneering implementation of a ‘limited trust’ security architecture. In addition, customers using ‘Trustbase’ are protected from inadvertent or malicious security breaches by the comprehensive code integrity checking and code isolation features unique to the platform.


AmEx CitySearch

American Express and Ticketmaster Online-CitySearch announced Tuesday the expansion of their merchant marketing program nationwide. The two companies recently completed a pilot program in New York City that offered merchants that accept the American Express card value-added CitySearch Web site development and hosting services. Based on the success of the New York City pilot, American Express and CitySearch will now offer value-added benefits and Web site development and hosting services to merchants that accept the American Express card in all of CitySearch’s owned markets, including New York City, San Francisco, Raleigh, Austin, Nashville, Portland, Salt Lake, Denver and others. American Express made a minority investment in CitySearch in July of 1998.


Tyabji to PubliCARD Board

PubliCARD, Inc. announced it has appointed Hatim A. Tyabji, 54, former Chairman, Chief Executive Officer and President of VeriFone, Inc., to its Board of Directors. His appointment increases PubliCARD’s Board to seven members.

Under Mr. Tyabji’s leadership at VeriFone, a global provider of transaction automation and Internet commerce solutions, revenues grew to $600 million in 1997 from $31.2 million in 1986. In early 1997, Mr. Tyabji negotiated the merger of VeriFone with Hewlett-Packard in a stock transaction valued at approximately $1.4 billion. Mr. Tyabji is currently Chairman and Chief Executive Officer of, which he founded in September 1998. offers innovative, customizable mobile data services that merge the strengths of the Internet and wireless communications.

Mr. Tyabji noted, “I am delighted to become a member of PubliCARD’s Board of Directors. This is a very exciting time for me to be involved with the Company as the market for smart card applications is exploding globally, presenting vast opportunities to enter a variety of sectors. PubliCARD is clearly dedicated to this pioneering technology and, by acquiring the best and the brightest in the smart card industry, is poised to offer a worldwide total smart card solution.”

Mr. Tyabji holds a BS in Electrical Engineering from the College of Engineering in Poona, India and an MS in Electrical Engineering from the State University of New York at Buffalo. In addition, Mr. Tyabji holds an MBA in International Business from Syracuse University and is a graduate of the Stanford Executive Program. He currently serves on the Board of Directors of Deluxe Corporation (NYSE: DLX), Best Buy (NYSE: BBY), Bank of America Merchant Services, Novatel Wireless and Ariba Technologies.

“We are thrilled to have Mr. Tyabji join our Board of Directors,” stated James J. Weis, President and Chief Executive Officer of PubliCARD. “His distinguished track record in the vast and ever-changing world of technology places him in an excellent position to help guide PubliCARD as we move to take advantage of strategic opportunities to expand our penetration of the smart card industry. We are pleased to benefit from Mr. Tyabji’s 12 years of experience at VeriFone and his global business focus, which have provided him with an intimate knowledge of the smart card industry.”

PubliCARD Inc., headquartered in Fairfield, Connecticut, owns businesses engaged in the development of smart card systems and technology, manufacturing and engineering services. More information on PubliCARD can be found at [][1].

Special Note Regarding Forward-Looking Statements: Certain statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. For more information on the potential factors, which could affect the company’s financial results, refer to the Company’s most recent SEC reports, including the Form 10-K for the year ended December 31, 1997.



CyberCash to EarthLink

CyberCash, Inc. , the world leader in e-commerce payment technologies and services, announced Tuesday that EarthLink, a leading Internet service provider with over one million members, has selected CyberCash to provide payments services for its new electronic commerce offering, TotalCommerce.

TotalCommerce is a comprehensive web-based store providing everything a merchant needs to begin managing and profiting from e-commerce on the Internet. The solution is offered in six packages that are divided into entrepreneur and developer categories, scaled to meet the needs of any type or size of business.

“We are very pleased to be a part of EarthLink’s TotalCommerce package,” said Nancy Goldberg, senior vice president, CyberCash.

“The TotalCommerce solution is a pioneering approach that provides merchants with the convenience of one-stop-shopping for Internet services. Merchants not only obtain some of the hottest storefront software available today, they can also get their merchant account and CyberCash payment services all through a simple phone call to EarthLink. We, of course, are proud of the fact that more and more prominent and innovative merchants, ISPs and aggregators who want to take the Internet by storm are selecting CyberCash as their primary solution when it comes to payment services,” Goldberg said.

“Even though CyberCash’s service is entirely transparent to our members, they can rest assured knowing that we are making e-commerce easier for them, while protecting their most sensitive credit card data,” said Barry Friedman, director of product management at EarthLink.

CyberCash’s CashRegister service enables merchants to accept secure payments from the Internet with the widest range of consumer payment options available. The service is completely scaleable, supporting a broad range of merchants from start-up merchants to major Internet malls. All transactions are encrypted to ensure maximum security. Because it is automated, the CashRegister service allows for real-time and continuous credit card acceptance twenty-four hours a day, seven days a week.

“CyberCash and EarthLink are a winning combination when it comes to delivering outstanding service, safety and ease of use to merchants on the Internet,” Goldberg said.

CyberCash is the world’s leading provider of secure electronic commerce payment technologies and services spanning the retail point of sale through the Internet. CyberCash and the CyberCash logo are trademarks or registered trademarks of CyberCash, Inc.


Greece I-Commerce

Hypercom Corp. signed an agreement yesterday to provide Delta Informatics with Hypercom’s ‘Ascendent Internet Commerce Transaction System’. Delta Informatics, based in Athens, is a major third-party processor, working on behalf of more than 15 Greek banks and currently managing transaction processing for 65,000 merchants nationwide. Hypercom’s ‘Ascendent Internet Commerce Transaction System’ incorporates the SET protocol. Delta says activity over the Internet is growing very quickly in Greece, even more so as the country approaches the 2004 Athens Olympic Games.


Debit Volume Soars

While U.S. off-line debit card volume continues to grow 70% per annum, First Data reported yesterday it shattered records last year. First Data says it processed over 745 million debit card transactions in 1998, a 55% increase in the number of debit transactions it handled from the previous year. Last year, First Data signed new debit card processing agreements with SunTrust, BankBoston and The Bank of New York, bringing the total number of off-line debit card accounts served to a record 32 million. First Data says Cleveland-based KeyCorp experienced a 35% jump in branded debit purchase volume and a 27% increase in purchase transactions in 1998.


PSN Update

Dallas-based Payment Solutions Network said yesterday it has resumed providing ‘Stop Payment Notifications’ as part of the SmartNOTEs process to its member financial institutions. The company says the ‘Stop Payment Notification’ function is being re-implemented at the request of PSN’s customers. As a direct result of the function being turned off, banks were noticing significant increases stop payment check losses. Having access to this function will enable members to send inquiries about items, and within 15 minutes, the bank will receive a stop pay notification. If a bank receives an ALERT, it can use the information to place a hold on the questionable account or transaction. PSN also says it will gather six months worth of stop pay request history from its member institutions and add it to the database.


I-Pay Tool

MA-based Inforonics launched its ‘I-Pay’ solution to enable companies to offer secure, closed-loop online transactions through corporate purchasing cards and credit cards. The Inforonics I-Pay tool set is the first deployment of level-3 processing technology to be integrated with web catalog technology for assuring accurate line item detail. I-Pay provides maximum transaction monitoring and reporting capabilities by processing level-3 data, the maximum reporting level supported by VISA U.S.A. for corporate procurement. I-Pay integrates a web-based online catalog, maintained through an extranet by the supplier, with level-3 data and an order processing extranet for suppliers’ use.


Going Falcon

Japan’s Credit Saison, with more than 10 million cardholders, said Monday it will install HNC Financial Solutions’ ‘Falcon’ credit card fraud detection system to protect its portfolio from credit card fraud. CS says it was impressed that ‘Falcon’ does not stand alone in HNC Financial Solutions’ predictive software. ‘Falcon’, a neural network-based predictive software system that examines transaction, cardholder, and merchant data to detect a wide range of credit card fraud, is well respected among credit card professionals as a major weapon in curtailing fraud losses.