TPAtlanta May Edition   Vol: III   Issue: #39
   » Publisher's Corner
Calvin D Johnson Checks…Not Just Pieces Of Paper Anymore!

In an industry that seems to endorse change less frequently than Halley's Comet makes an appearance, the world of check processing and of the Automated Clearing House has finally adopted a new form of Transaction Processing.

Since our last issue of TPAtlanta, NACHA, the National Automated Clearinghouse Association, has promulgated the rules for retailers and other business than accept checks to convert these pieces of paper to electronic document right on their own premises without having to send the paper check to a bank for processing through the nation's check clearing networks.

Back Office Conversion (BOC), the newest form of check conversion, became available in the marketplace on Friday, March 16, 2007 with the effective date of NACHA's rules. BOC will allow retailers and billers that accept checks at the point-of-sale or at manned bill payment locations to convert eligible checks to ACH debits in the back-office.

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

   » Community News


A Tribute to 75 Years of Excellence…

On Sunday May 6, 2007, Former Mayor of Atlanta, U.N. Ambassador and Civil Rights icon Andrew Young celebrated with the World his 75th Birthday.People were still trying to purchase tickets to this wonderful sold-out event.
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The Women of the Year in Technology Awards

The Women of the Year in Technology Awards recognize the achievements of Georgia women in technology leadership roles.
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By Invitation Only

TPAtlanta held its semi-monthly cocktail party for the Transaction Processing industry on April 25th at Villa Christina. Sponsored by Trans Atlantic Systems, TPAtlanta has been convening these events for two years.

If you would like to be considered for a regular invitation to the TPAtlanta cocktail party, please contact Robert Green at rgreen@tas-inc.com.

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Recap at the Annual Tag Forum

The 2007 Technology Association of Georgia’s Annual Forum on Leading Technologies was held on April 13th at the Cobb Galleria.
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   » Profile
Marianne Johnson, Senior VP of Global Marketing at Equifax

Marianne Johnson Marianne Johnson, Senior Vice President of Global Marketing at Equifax, believes that the roles of mother, wife and executive all offer equal access to "leadership moments." Whether dealing with her 125-person team at work or her husband and two girls at home, Marianne strives to evoke what she refers to as "servant leadership." This involves equal doses of listening and talking.

Her success at Equifax illustrates this point. A strong believer in collaborative leadership, Marianne knows the value of bringing people together across business units, disciplines and geographies.

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   » Feature Story
Q&A with John J Frech ,Senior Vice President CheckFree

John J Frech

John Frech has 11 years of experience at CheckFree in a variety of roles, including operations, development, client services, alliance management, process improvement and infrastructure engineering. His current assignment includes the creation and execution of an infrastructure transformation strategy including:

  • The construction of new data centers
  • Implementation of ITIL processes
  • Installation and engineering of High Availability technologies
  • Deployment of Data Center Automation and System Instrumentation


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       » Earlier this month


    JPMorgan Chase To Acquire Xign Corporation

    JPMorgan Chase Bank, N.A. (NYSE: JPM) and Xign Corporation announced that they have signed an Agreement and Plan of Merger whereby Xign, a leading provider of business-to-business on-demand financial settlement solutions, will be acquired and combined with the Commercial Card and Procurement businesses of JPMorgan Chase's Treasury Services unit.
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    Airline Chooses NOVA for Processing and Customer Support Services

    NOVA Information Systems (NOVA), a wholly owned subsidiary of U.S. Bancorp (NYSE: USB), announced that American Airlines (NYSE: AMR) has entered into a multi-year credit card processing services agreement for its domestic bankcard business.
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    Gelco Expense Management and TRX Partner to Deliver the Insights Clients Need to Make T&E an Asset for Growth

    TRX, Inc. (NASDAQ: TRXI) and Gelco Expense Management, the leader in Services On Demand for global expense management, announced an alliance to integrate data from TRX's RESX corporate online travel booking solution into Gelco's ExpenseLink on-demand service.
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    Ford Goes Live with FIS

    Fidelity National Information Services, Inc. (FIS), announced today that Ford Motor Credit Company has launched the Advanced Lending Solutions-Dealer Finance (ALS-DF) software throughout its North American operations.
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       » Industry News
    Oracle buys Tangosol for XTP

    Oracle announced the purchase of start-up Tangosol for an undisclosed amount. The company has more than 500 customers, but Oracle is most interested in its extreme transaction processing (XTP) technology, which works with a myriad of platforms from companies such as BEA, Microsoft and IBM.XTP is a big help for global companies in data-intensive industries like financial services, travel, and telecommunications.
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    Atlanta Based ICE to Relocate Disaster Recovery to Chicago

    IntercontinentalExchange, the leading electronic energy marketplace and soft commodity exchange, announced the relocation of its technology operations and support systems to Chicago , beginning in June 2007.
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    TSYS Acquiring Solutions Signs Processing Agreement

    TSYS Acquiring SolutionsSM, the pre-eminent supplier of acquiring solutions, related systems and integrated support services to the acquiring industry, announced at the Electronic Transactions Association (ETA) Annual Meeting and Expo in Las Vegas, that it has signed a merchant-processing service agreement with mPay Gateway.
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    CompuCredit Acquires UK Credit Card Portfolio

    CompuCredit Corporation announced on April 4th that it has purchased approximately $970 million (GBP 490 million) in face amount of Monument credit card receivables from Barclaycard, a division of Barclays Bank PLC.The purchase price was approximately $770 million (GBP 390 million).
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    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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