CashMan Forecasts for You Are You Ready for Chip? ATM Outsourcing Value Proposition ESCAPE 2004 Software Pre- and Post-Forum Training Available Euronet's Integrated Credit Card System (ICCS) Spotlight Euronet's Latest Fraud Solution -- Fractals

CashMan Forecasts for You
Euronet's CashMan Forecasting Application is an ATM outsourcing tool which automates cash stock planning, enabling Euronet to accurately forecast the amount of cash needed to operate each one of the ATMs in its vast network. CashMan is capable of helping planners decide on future cash needs, leading to improved production planning and distribution, facilitating inventory optimization and reducing costs throughout the demand chain.

CashMan is a powerful, flexible and fully integrated cash forecasting model designed to help accounting professionals to prepare forecasts for the cash supply of ATMs. Armed with an up-to-date, accurate forecast, Euronet can take actions to help banks to put their cash to its best use.

Benefits of CashMan include:

• Cost savings -- ability to accurately predict the amount of cash needed avoids over and under filling ATMs
• Service improvements -- never run out of cash, or out of certain denominations
• Systematic approach -- same software used for all cash filling needs
• Increased productivity -- an automated process which replaces spreadsheets
• Increased accuracy -- reduces instances of human error
• Centralized control
• Integration
• Predictive consumer demand
• Improved return on investment -- via improved customer service levels and inventory reductions
• Decreased investment -- in unneeded safety stock
• Ability to add/remove ATMs to the CashMan system, quickly and easily
• Automated data gathering
• Automated reporting
• System and ATM parameterization options
  
  
  

Are you ready for Chip?
January 1, 2005 is less than eight months away and it will have a profound impact on the way fraudulent transactions are managed. This is the date when the liability for credit and debit card fraud will "shift." Banks compliant with EMV standards are afforded the benefit of protection under Visa and MasterCard rules. The issuer or acquirer that is EMV compliant shifts any liability for fraudulent transactions to the party that is not EMV compliant.

The January 2005 deadline only applies to banks in Europe. Those not ready will get stuck with the tab for fraudulent transactions. Banks in Asia-Pacific face a deadline the following year, and other regions, except for North America, face mandates, as well.

Chip has big benefits as well as the significant reduction in fraud costs and additional benefits include:

• Increased use of unattended payment terminals as cards are more secure
• Development of additional customer services through the new chip card

Euronet, through its existing outsourcing relationships with more than 50 leading banks around the world and the operations of its own independent ATM networks in Europe and Asia, repeatedly demonstrates its skills, know-how, experience and commitment in delivering security, reliability, efficiency and innovation to its customers.

Industry studies show that overall ATM operations and management cost components range from $2,400 to $3,675 per ATM per month. By outsourcing to Euronet banks can save up to $1,260 per ATM per month on processing costs, direct costs and back office costs. Banks can also earn $100 to $300 per ATM per month from Euronet's value-added services.

Outsourcing your ATM network will positively, directly and immediately impact your bank. For more information, contact your sales representative.


Software Training Available at ESCAPE 2004
Due to the success of the ESCAPE 2003 Pre-User Forum training, the software division has expanded its training curriculum offering its clients more comprehensive training. The courses will start on Sept. 16 and 17 prior to ESCAPE 2004, and also will be available following ESCAPE on Sept. 22-24.

For more information on how to register for these courses, please see ESCAPE 2004 or on the ESCAPE 2004 logo button from the Euronet web site home page.


Euronet's Integrated Credit Card System (ICCS) Spotlight
Current industry trends indicate more and more financial services organizations around the world are investing in credit card back office systems. Most executives concur that a cornerstone of their decision in selecting an IT partner revolves around integration with transaction processing. More specifically, a solution that delivers back office capability, merchant management, device driving and settlement is vital. Additionally, the solution must be feature rich and performance proven. All of these success factors are part of the new ICCS offering.

Recently Euronet completed a significant co-development project with one of the largest card issuing and acquiring banks in Greece. As part of this major project, new value added features and functionality were designed to not only improve ICCS today but to also provide a solid platform for the future. Euronet is planning on incorporating many of these new enhancements into next several point releases, which will be made available to all current contracted maintenance customers. These major ICCS investments will help ensure that Euronet's customers are positioned as industry leaders.

Euronet's ICCS solution allows customers to:

• Allows processing for multiple institutions
  
• Supports multiple accounts per customer
  
• Allows a client centric view of the institutions clients
  
• Supports multiple currencies
  
• Offers integrated support for prepaid, pre-authorized, deferred, credit, deferred credit and multifunction cards
  
• Provides configurable loyalty points schemes with its bonus and loyalty option
  
• Supports smart cards based on EMV standards, as well as magnetic stripe cards
  
• Facilitates tailoring of products, including affinity and co-branded cards, to specific market segments
  
• Supports Europay, MasterCard and Visa products and interchanges
  
• Ensures card association mandate compliance with Euronet's regular software updates
  
• Presents an easy-to-use graphical user interface
  
• Enables users to access any and all data in the system to create reports
  
• Allows for reporting of suspicious transaction activity as well as providing you additional levels of fraud monitoring and reporting through Euronet's optional fraud monitoring system
  
• Offers an optional collections interface

If you would like more detailed information, please contact your sales representative.


Euronet's Latest Fraud Solution -- Fractals
Fractals, Euronet Software Division's latest fraud solution, is a payment card risk management and fraud detection system. With the Euronet interface, fractals can operate in batch or near real time modes.

Just a few of Fractals benefits include:

• Fractals is easily integrated to existing Euronet customer systems as well as the systems of most transaction and card processing systems.
  
• Fractals monitors both issuing and acquiring transaction activity including ATM, POS, merchant, debit and credit from a single instance of the software.
  
• Fractals is a modular system with two layers of fraud protection. The first is a rules-only module designed and target to the mid-size banking market where volumes warrant protection but at a lower cost of entry. Fractals also offers a neural component designed for the high-volume transaction processors. It learns spending and use patterns so it can detect fraud at the earliest possible moment.
  
• Fractals is a Windows-based application written in Java and portable to multiple platforms. State of the art technology and programming tools were used to design and code the Fractals products.
• The modularity of Fractals assures us that we will have a fraud solution that is right for both our large and small customers.

For more information on Fractals, please contact your sales representative.