» Publisher's Corner
Calvin D Johnson Back to the Basics

The Super Bowl has come and gone. March Madness is still several weeks away. But just this week, professional baseball players started reporting to spring training camps in Florida and Arizona, locales full of warmth and sunshine. Every year at this time, I get a new excitement with the onset of a new baseball season, especially when in the midst of the dreariness of winter, our national pastime's regular mid-winter routines suggest that spring cannot be all that far away.

One of the usual activities at each of these spring training camps is the annual concentration on the fundamentals of baseball. No matter how long one has been playing the game, it never hurts to get back to the basics every now and then. Those that take the time and the care to perfect the fundamentals will be the most successful.

And that mantra applies to those of us in the Transaction Processing industry too!

One of the longest standing electronic offerings in the Transaction Processing industry is Direct Deposit. Most of us probably have our paychecks directly deposited into our bank accounts. It is such a simple and effortless process, we usually take it for granted.

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Calvin D. Johnson, Publisher
publisher@tpatlanta.com
Trans Atlantic Systems, Inc.
   » Profile/Feature Story
Identity theft - Someone's head is going to roll

Business people

February ended with the sensational news of Choicepoint's settlement with the FTC. The company had to shell out a whopping $15 million for a security breach that resulted in 160,000 people being exposed to identity theft. $10 million was in the form of a federal fine and $5 million to be paid into a fund to compensate people who may have suffered as a result of the breach.

The FTC said that this is the largest civil penalty it has ever imposed.

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   » Editorials/People

COMPLYING WITH THE NEW DISPOSAL RULE UNDER THE FAIR AND ACCURATE CREDIT TRANSACTIONS ACT OF 2003 

On June 1, 2005, the Federal Trade Commission's new consumer information "disposal rule" went into effect.The rule was issued under the Fair and Accurate Credit Transactions Act of 2003 ("FACTA") and is intended to reduce the risk of consumer fraud (such as identity theft) created when information derived from consumer reports is disposed improperly. The rule requires companies that maintain or otherwise possess consumer information to properly dispose off such information by taking reasonable measures to protect against unauthorized access to or use of that information.Click here for more
   » Industry News
Synovus again named one of the Fortune's 100 Best Companies to work

Synovus, the Columbus, Georgia-based diversified financial services company has been named No 57 on FORTUNE magazine's ninth annual listing of "100 Best Companies To Work for". Click here for more..

TSYS finds a quick fix solution

At the beginning of 2005, when TSYS made an announcement about its extended agreement with Bank of America, to provide exclusive processing services till 2014, little did the company know that it would have to terminate the agreement in less than a year.Click here for more..

TRX partners with Oriel

TRX Inc, an independent provider of transaction processing and data integration solutions to the global and travel industry has signed a letter of intent with Oriel Communications.Click here for more..

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