First Data Integrates Austin Logistics' Predictive Analytic EarlyDetection System Into Its VisionPLUS System in China
Welcome to TMCnet.com
TMC Launches New Web Sites: Cable |  WiMAX   |    ITEXPO West begins in:   Register Now!
Columnists:
...more
E-mail this page to a friend Order reprints online Print this page Bookmark this page Free magazines Free newsletters RSS-XML alerts
Digg this article!

TMCNet: First Data Integrates Austin Logistics' Predictive Analytic EarlyDetection System Into Its VisionPLUS System in China

[September 28, 2007]

First Data Integrates Austin Logistics' Predictive Analytic EarlyDetection System Into Its VisionPLUS System in China

(Wireless News Via Thomson Dialog NewsEdge)
First Data International, a provider of electronic commerce and payment
services, announced it successfully integrated Austin Logistics' new
predictive analytic EarlyDetection System into First Data
International's VisionPLUS card processing system in China.

VisionPLUS is a card processing system that First Data launched in
China in 2002. Not only has it been used by the large card issuers for
their credit card solution, but it is also the outsourcing platform in
First Data International's data center in Shanghai. It provides card
processing services to First Data International's outsourcing clients
in China, and it is increasingly used to deliver processing services to
all developing markets in Asia.

Austin Logistics Inc. is a provider of analytic software and solutions
that predict customer behavior. The EarlyDetection System is an
analytic software solution that improves early-month-on-books credit
card portfolio management by accelerating new account assessments.

"With China's explosive growth in unsecured credit issuance, the need
to manage credit risk and credit opportunity is escalating," said Tom
Miller, Senior Vice President, Worldwide Business Development, Austin
Logistics. "Our EarlyDetection System is a proven solution that gives
First Data International's customers in China the unique ability to
manage risk and evaluate opportunity early on in the credit lifecycle
-- from day one. The result is increased profitability due to the
ability, from account origination on, to expand their relationships
with essential customers, manage high-risk accounts and close
fraudulent accounts."

"Having been in the market for the past seven years, we've found that
managing risk has become a priority for most of the card issuers in
Asia," said Nigel Lee, president, First Data International, Asia. "In
June, we released the findings of a study we commissioned the Economist
Intelligence Unit to conduct on the opportunities and challenges in
China's emerging payments market. One of the key findings of the
research was that most of the card issuers realize risk control bears
great importance, and they are looking at ways to reduce risk exposure
on lending. First Data International's collaboration with Austin
Logistics on the EarlyDetection system is another example of us
partnering with industry-leading companies to deliver innovative
solutions to Asian regional cards markets. We are committed to driving
innovation, providing the best-in-class technology and bringing value
to our clients."

((Comments on this story may be sent to newsdesk@closeupmedia.com))

((Distributed on behalf of 10Meters via M2 Communications Ltd -
http://www.m2.com))
((10Meters - http://www.10meters.com))

Copyright 2007 Wireless News

[ Back To TMCnet.com's Homepage ]

Digg this article!
Discussions:
Be the first to post a comment on this page!
 
By  
TMCnet
+ Add to the Discussion

Video: Tech Test: Polaroid PoGo Pocketable, Practical

Polaroid is abandoning instant film, but if you're going to miss the feel of getting a small print in your hand a minute after shooting, the company has a solution: a battery-powered printer that fits in your pocket. (June 19)

Video: List of most fuel-efficient cars released

Consumer Reports has just come out with a listing of the best fuel-efficient vehicles on the road. It's based on the price paid divided by overall miles per gallon.

Video: Samsung Battles Apple's iPhone

Samsung to battle Apple's iPhone with Omnia Touchscreen Mobile; Samsung's Omnia will be commercially launched in Southeast Asia; Samsung and Nokia took global market share from Motorola last quarter; Analysis by Youngcho Chi, Samsung Electronics Senior VP

Featured White Papers  |  Featured White Papers from White Paper Library, research using the library of white papers for the latest white papers
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
----------------
Top Stories   |   Top Stories
---------------------------
---------------------------
---------------------------
---------------------------
---------------------------


Related VoIP News   |   Latest News

E-mail this page to a friend Order reprints online Print this page Bookmark this page Free magazines Free newsletters RSS-XML alerts
  2008 TMC Labs Innovation Award Winners Announced Presented By INTERNET TELEPHONY Magazine
  White Paper Library Re-Launched On TMCnet
  Introducing the 2008 IPTV Excellence Award Presented by INTERNET TELEPHONY Magazine
  TMCnet Welcomes New Columnist Peter Brockmann
  INTERNET TELEPHONY Conference & EXPO West 2008 Exhibit Hall Nearing Capacity for Fall Event
  Customer Interaction Solutions Announces 2008 IP Contact Center Technology Pioneer Award Winners
  Customer Interaction Solutions Magazine Names Brendan B. Read Senior Contributing Editor
  TMC Schedules Internet Telephony Conference & Expo West 2008
  PIKA Technologies Launches Telephony Hardware Community on TMCnet
  Announcing the 2007 Product of the Year Award Winners Presented by Communications Solutions
  Last Call for Speech Technology Excellence Award Entries
  TMC Schedules Internet Telephony Conference & Expo West 2008
  TMCnet Welcomes New Columnist Matt Bancroft
  TMC Launches WiMAXtoday.TMCnet.com
  2008 TMC Labs Innovation Award Winners Announced by Unified Communications Magazine
  TMCnet Welcomes Rick Bye as Newest Columnist
  TMC Names Best of Show Winners of INTERNET TELEPHONY Conference & EXPO East 2008
  Interactive Intelligence Receives Record Page Views on Highest Trafficked Contact Center Site on the Web

18th INTERNET TELEPHONY Conference & EXPO West
September 16-18, 2008 — Los Angeles Convention Center, Los Angeles, CA
Featuring Collocated: Call Center 2.0 Conference

5th Annual Communications Developer Conference
September 16-18, 2008 — Los Angeles Convention Center, Los Angeles, CA

19th INTERNET TELEPHONY Conference & EXPO East
February 2-4, 2009 — Miami Beach Convention Center, Miami, FL
Featuring Collocated: Call Center 2.0 Conference

TMC's Customized Keymail Alert and RSS Service Usage Instructions
 To receive daily e-mail alerts and RSS URLs of stories posted on TMCnet.com, please enter keyword terms to match and your e-mail address.  
Keyword 1:
Keyword 2:
Keyword 3:
 
E-mail Address:

Search terms are case-insensitive.

Enclose in double-quotes for exact phrase match.

No password necessary!