» Publisher's Corner
Calvin D Johnson "It's late September and I really should be back at school."

These are timeless words sung by Rod Stewart in Maggie Mae during my college days. I just heard it on the radio again today. Never have I wanted those lyrics to be more true as I do this year … to return to the days of youth, innocence and a world less complex than today.

There is another reason that song resonates with me currently. In graduate school at The University of Chicago, I lived in a facility called International House. It was my first real exposure to people from other countries and of different cultures. I now work daily with colleagues from all over the world, learning about their cultures. Perhaps you work with people from other countries, too. Or at the very least, your company may do business internationally. As you may know, this can complicate the ways you develop products or deliver services.

One of my best friends from grad school was a charming fellow from Great Britain. As the world's attention focused on England and London this summer, I thought about my friend and his family. From the euphoria of London winning its bid to host the Olympics one day to the tragedy of the multiple bombings less than 24 hours later, our hearts went out to British citizens.

Now, what does this preamble have to do with transaction processing? In this month's column, I want to return to the themes from previous issues of TPAtlanta...

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

   » Profile/Feature Story
Business peopleTrend:Former Top GE Executives Now Holding Key Positions Within the Transaction Processing Industry

Operational excellence is a competitive advantage. It is especially true in the technology arena, where differentiation can be small or is largely commoditized. Each error made may mean loss of a customer or worse yet company death. Transaction Processing is one such challenging business. Robustness of underlying processes and their sustained execution drives profitability and customer satisfaction - transaction after transaction - millions or even billions of times!

Therefore, the transaction processing industry, more than ever before, needs educated talent with a mind-set focused on execution and operational excellence. It is no surprise then that the transaction processing industry is seeing a significant influx of former General Electric (GE) executives and staffers.

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   » Editorials/People
CardSystems Solutions - An Update  When we last left CardSystems Solutions, the company that exposed more than 40 million credit card accounts to fraud, it was on the ropes.

Paper or Plastic? Credit card acceptance continues to increase as companies like Electronic Exchange Systems offer a full portfolio of credit card processing services to merchants.

Pamela Joseph the chairman, president and chief executive officer of Atlanta-based Nova Information Systems, has acquired more than two decades of experience in the financial services industry.

   » Industry News
New Security Breach Discovered at ChoicePoint

ChoicePoint Corporation has announced another potential security breach, causing the risk of exposure of sensitive personal information.Click here for more..

Critic Commends ChoicePoint's Corrective Actions

According to ChoicePoint's top security executive, the company has made significant progress in repairing gaps that led to a high-profile identity theft last year.Click here for more..

For Sale: Portions of MasterCard

At the beginning of this month, MasterCard announced plans to become a publicly traded company.Click here for more..

NCDHealth to be purchased by Per-Se Technology

NDCHealth will become the latest company to join Alpharetta's technology corridor when it is purchased by Per-Se Technology, Inc.Click here for more..

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