TPAtlanta April Edition   Vol: III   Issue: #38
   » Publisher's Corner
Calvin D Johnson Safety First…And Always!

Twelve years ago, when my business partners and I were busy creating what became the world's first Internet bank, we paused from our technology pursuits mid-stream to think about how we were going to market this entity that we were creating. We spent some of our venture capital with some high-powered national branding firms, but it was during one late day brainstorming session that we came up with the name of our new bank on our own.

When we asked ourselves what was going to be the most important feature of our bank and what message we wanted our potential customers to hear from us, it was, first and foremost, security. Thus was born the name of Security First Network Bank!

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Calvin D. Johnson, Publisher
publisher@tpatlanta.com
Trans Atlantic Systems, Inc.

   » Community News


Trans Atlantic Systems CEO Madhu Ankarath Interviewed on Kiss 104.1

KISS 104.1 invites you to experience "It's Your Business", presented by COMCAST. Listen to key business leaders candidly discuss a variety of topics ranging economics, marketing, entrepreneurship and much more.
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Cox Diversity Dinner at Copelands

On Monday March 26, 2007 Cox Communications, had its quarterly Diversity Dinner, the dinner was held at Copeland's at the Cobb Galleria. The speaker for the dinner was Dr. Cherry A. Collier, CEO of People Psychology Matters. Dr. Cherry is the author of Move Out Of Your Own Way and uses her PH.D in Social Psychology to empower numerous Fortune 500 companies and universities: including the Coca Cola Company, SunTrust, Sharp Electronics and Auburn University.
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Trans Atlantic Systems Goes Back To School

On March 27-28, 2007, The Honorable Shirley C. Franklin and the Office of Constituent Services for the City of Atlanta held its 25th Annual Dream Jamboree, at Turner Field. Dream Jamboree is a two-day exploration of educational and training opportunities available to high school students and designed to prepare them for careers in the new millennium.
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   » Main Story
Chuck PapageorgiouExpanding Transaction Processing to the Global Market Place

Chuck Papageorgiou is the Managing Partner of Ideasphere (www.ideasphere.com), an executive consulting firm based in Tampa, Florida, from where he works with clients focusing on operational turn-arounds, strategic technology deployment, and M&A and outsourcing transactions on a global basis.This article highlights two of the unique challenges and opportunities companies in the Transaction Processing sector will face in non-US markets: availability, reliability, and veracity of consumer data, and compliance with privacy and consumer protection laws.

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   » Feature Story
First Data to be Acquired by KKR
Building

Credit-card and payments processor First Data Corp. will be purchased by Kohlberg Kravis Roberts & Co. in a deal valued at about $29 billion. First Data made the announcement on April 2, marking the latest in a string of leveraged buyouts of established U.S. corporations.

The agreement was approved by First Data's board. First Data shareholders will receive $34 in cash for each share of First Data, representing a premium of about 26% over First Data's closing share price Friday of $26.90.
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   » Earlier this month


Amex Corporate Card expense management

As CFOs at America's mid-sized companies modify their view of the nation's economic progress, many plan greater focus on controlling and reducing costs, according to a new survey by CFO Research Services and American Express.
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Citibank offers The American Express Gift Card

American Express and Citibank, a member of Citi, announced an agreement under which Citibank is selling the American Express® Gift Card in more than 980 Citibank retail Financial Centers nationwide.The agreement with Citibank is American Express' first with a national bank.
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JPMorgan launched a Single-dealer USD IRS Click-to-Trade Page on Bloomberg, via JPIR

JPMorgan announced that it is expanding its electronic trading of USD Interest Rate Derivatives to include a single dealer platform accessible via the BLOOMBERG PROFESSIONAL® Service.
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TransUnion Reaches Milestone - Acquires Its Entire Database

TransUnion recently announced that it acquired the last independently owned segment of its credit database. This acquisition makes TransUnion the first and only national credit reporting company to own its entire credit database, giving it total control over the quality, quantity and types of data housed in its system.
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   » Industry News
Visa Commercial tracks increase in Business and Government Spending

Visa Commercial released the global Commercial Consumption Expenditure (CCE) measurement for 2006 that shows steady growth in business and government spending worldwide.
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CheckFree's holistic approach to SOX compliance

When the Sarbanes-Oxley Act (SOX) was passed in 2002 in response to a number of well-documented major corporate accounting scandals, it was designed to increase public trust and transparency in accounting and reporting practices.
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TRX releases RESX v6.3 with new User Interface

TRX, Inc. announced the release of RESX v6.3, which includes a redesigned user interface offering travelers easier navigation and a simplified booking process.
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Wachovia launches new online pension protection act resource center for retirement clients

Wachovia Retirement Services (WRS) announces the launch of a new online service to provide plan sponsors with clarity and direction around the Pension Protection Act of 2006 (PPA) and its effect on the retirement services offered to plan participants.
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TAG Forum to focus on transaction processing

The 2007 Technology Association of Georgia Annual Forum on Leading Technologies will provide an insight in to the current state of the transaction processing industry and its future direction.
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   » Subscribe TPAtlanta

TPAtlanta is both a digital newsletter dedicated to the Transaction Processing Industry in Atlanta and a networking association for that group. It is brought to you by Trans Atlantic Systems, a company specializing in IT work for the Transaction Processing industry. We believe that a collection of professionals as large as the one concentrated in Atlanta, engaged in Transaction Processing, needs a single source for information dedicated to their industry!

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