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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Mr Metals who wrote (45986)12/16/1999 9:55:00 AM
From: TallTrader  Respond to of 108040
 
ECNC: .21x.23 eConnect Develops First Linux-based Transactional Servers


Business Editors/High-Tech Writers

LOS ANGELES--(BUSINESS WIRE)--Dec. 16, 1999--eConnect
(OTCBB:ECNC), fully reporting, has developed the first Linux-based
transactional server (LTS) for the purpose of receiving incoming
Internet cash payments by ATM card and PIN.
The LTS will route into the ATM card Regional Networks the ATM
card and PIN Internet cash transactions that have been originated by
hardware plugged into a computer keyboard.
It is anticipated that the first LTS will soon be receiving the
first ATM card and PIN Internet cash bill payments. This is the
Internet cash model referred to in the Nov. 18 CNN.com article in
which a Star Systems spokesperson referred to three different Internet
cash models. Star Systems is a regional EFT that serves 3,700
financial institutions and 79 million cardholders.