Wednesday, April 14, 2010

TSYS and CPC Sign Agreement



TSYS

TSYS and Central Payment Co. Sign Agreement

TEMPE, Ariz.--(BUSINESS WIRE)--TSYS Acquiring Solutions announced the signing of an agreement to provide authorization and capture services to Central Payment Co. (CPC), one of the fastest-growing, transaction processing providers in the country.
“This agreement is the first step in a long, beneficial relationship between TSYS and CPC.”
The agreement enables Central Payment to leverage TSYS’ flexible and efficient technology, and benefit from a wide array of cost-saving and revenue-generating products and services. Central Payment is currently boarding more than 1,700 merchants a month through TSYS.
“We are excited about the new relationship we’ve formed with Central Payment, and look forward to supporting their business needs,” said Mark Pyke, president of TSYS Acquiring Solutions. “This agreement is the first step in a long, beneficial relationship between TSYS and CPC.”
“Our attraction to TSYS was two-fold: We wanted to pair with a reputable industry leader that can match our speed and proficiency, and build a working relationship that allows us to continue to grow,” said Zachery Hyman, managing partner for Central Payment. “TSYS is the perfect fit for CPC.”
About TSYS
TSYS (NYSE: TSS) is one of the world’s largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit, healthcare, loyalty and prepaid services for financial institutions and retail companies in the Americas, EMEA and Asia-Pacific regions. For more information contactnews@tsys.com or log on to www.tsys.com. TSYS routinely posts all important information on its Web site.
About Central Payment Co.
Central Payment Co. (CPC) is a leading provider of transaction processing services. As one of the fastest growing payment processors in the country, we are committed to personal service, competitive pricing and solutions to help businesses grow and become more profitable. Headquartered in Marin County California, CPC provides credit card processing and a host of other electronic payment solutions to more than 35,000 small, medium and large businesses across the United States. For additional information, please call 415.462.8335 x7115 or visitwww.centralpaymentcorp.com.

Contacts

TSYS Media Relations

Cyle Mims, +1-706-644-3110

cylemims@tsys.com

or

TSYS Investor Relations

Shawn Roberts, +1-706-644-6081

shawnroberts@tsys.com

At A Glance











TSYS
Source: via Business Wire
Updated   07/07/2009   by company
Headquarters:Columbus, GA
Website:http://www.tsys.com
CEO:Philip Tomlinson
Employees:8,110
Ticker:TSS  (NYSE)
Revenues:$1.9 billion (2008)
Net Income:$250 million (2008)
Permalink: http://www.businesswire.com/news/home/20100414005219/en/TSYS-Central-Payment-Sign-Agreement
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TSYS and CPC Sign Agreement



TSYS

TSYS and Central Payment Co. Sign Agreement

TEMPE, Ariz.--(BUSINESS WIRE)--TSYS Acquiring Solutions announced the signing of an agreement to provide authorization and capture services to Central Payment Co. (CPC), one of the fastest-growing, transaction processing providers in the country.
“This agreement is the first step in a long, beneficial relationship between TSYS and CPC.”
The agreement enables Central Payment to leverage TSYS’ flexible and efficient technology, and benefit from a wide array of cost-saving and revenue-generating products and services. Central Payment is currently boarding more than 1,700 merchants a month through TSYS.
“We are excited about the new relationship we’ve formed with Central Payment, and look forward to supporting their business needs,” said Mark Pyke, president of TSYS Acquiring Solutions. “This agreement is the first step in a long, beneficial relationship between TSYS and CPC.”
“Our attraction to TSYS was two-fold: We wanted to pair with a reputable industry leader that can match our speed and proficiency, and build a working relationship that allows us to continue to grow,” said Zachery Hyman, managing partner for Central Payment. “TSYS is the perfect fit for CPC.”
About TSYS
TSYS (NYSE: TSS) is one of the world’s largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit, healthcare, loyalty and prepaid services for financial institutions and retail companies in the Americas, EMEA and Asia-Pacific regions. For more information contactnews@tsys.com or log on to www.tsys.com. TSYS routinely posts all important information on its Web site.
About Central Payment Co.
Central Payment Co. (CPC) is a leading provider of transaction processing services. As one of the fastest growing payment processors in the country, we are committed to personal service, competitive pricing and solutions to help businesses grow and become more profitable. Headquartered in Marin County California, CPC provides credit card processing and a host of other electronic payment solutions to more than 35,000 small, medium and large businesses across the United States. For additional information, please call 415.462.8335 x7115 or visitwww.centralpaymentcorp.com.

Contacts

TSYS Media Relations

Cyle Mims, +1-706-644-3110

cylemims@tsys.com

or

TSYS Investor Relations

Shawn Roberts, +1-706-644-6081

shawnroberts@tsys.com

At A Glance











TSYS
Source: via Business Wire
Updated   07/07/2009   by company
Headquarters:Columbus, GA
Website:http://www.tsys.com
CEO:Philip Tomlinson
Employees:8,110
Ticker:TSS  (NYSE)
Revenues:$1.9 billion (2008)
Net Income:$250 million (2008)
Permalink: http://www.businesswire.com/news/home/20100414005219/en/TSYS-Central-Payment-Sign-Agreement
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MagTek Enters iPhone Card Reader Game



Secure card reader authentication for iPhone

Posted on 14 April 2010.


Another company has jumped on the iPhone Card Reader Bandwagon. This time it is Magtek. Apparently, everyone agrees that mobile payments need to be done with a card reader. Guess What?  The same principle applies to the web.  You cannot be picking and pecking your way through an online purchase by typing numbers into boxes.



 When Square announced their iPhone card reader and (much to my bemusement) the media went into a frenzy, we dusted off our 5+ year old technology and reintroduced CircleSwipe, pictured below.



Without a PIN Pad, it doesn't provide the same level of security as our SLIM device. (which also hooks into the earjack of any smart phone) However, one feature should be noted with CircleSwipe. It 3DES Encrypts the Track 2 data at the maghead (when the card is swiped) providing an exponentially more secure platform than devices which utilize SSL encryption.  Of course, our SLIM device incorporates our PCI 2.1 certified technology with it's built-in PIN Pad using Derived Unique Key Per Transaction end to end encryption.  (from the moment the PIN is entered all the way to Visa/Mastercard)  There is NO safer way to conduct a dually authenticated financial transaction on the web...or on the mobile...than swiping your card and entering your PIN.



So, now that you have your choice of about (at last count) 6 iPhone Card Readers, remember that there is only one that provides dual authentication with a built-in PIN Pad which also happens to be the only one with PCI 2.1 Certified PED technology.  That one would be HomeATM.




HomeATM's CircleSwipe iPhone Card Reader Encrypts the Track 2 Data












MagTek launched iDynamo, a secure card reader authenticator, specifically designed to interface with card present payment applications made for the iPad, iPhone 3G and 3GS, and iPod Touch.



iDynamo is available to end-users who want to process payments from their phone as part of its MagneSafe integrated solution to fully encrypt and protect cardholder data at the earliest point of entry—when the card is swiped.



Additional capabilities allow the iDynamo to generate dynamic payment card data using the existing magnetic stripe cards. This dynamic data offers a robust solution for the immediate tokenization or substitution of sensitive card data, thereby removing it from the merchant’s systems while further allowing the card to be authenticated in real-time to ensure it is not a fraudulent or skimmed card.



John Arato, VP of MagTek’s retail business unit said: "As fraud continues to be an issue for the payment industry, we recognize our customers need products that will help them to mitigate their risk and comply with the PCI Data Security Standards while making the solution affordable for any size merchant."









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MagTek Enters iPhone Card Reader Game



Secure card reader authentication for iPhone

Posted on 14 April 2010.


Another company has jumped on the iPhone Card Reader Bandwagon. This time it is Magtek. Apparently, everyone agrees that mobile payments need to be done with a card reader. Guess What?  The same principle applies to the web.  You cannot be picking and pecking your way through an online purchase by typing numbers into boxes.



 When Square announced their iPhone card reader and (much to my bemusement) the media went into a frenzy, we dusted off our 5+ year old technology and reintroduced CircleSwipe, pictured below.



Without a PIN Pad, it doesn't provide the same level of security as our SLIM device. (which also hooks into the earjack of any smart phone) However, one feature should be noted with CircleSwipe. It 3DES Encrypts the Track 2 data at the maghead (when the card is swiped) providing an exponentially more secure platform than devices which utilize SSL encryption.  Of course, our SLIM device incorporates our PCI 2.1 certified technology with it's built-in PIN Pad using Derived Unique Key Per Transaction end to end encryption.  (from the moment the PIN is entered all the way to Visa/Mastercard)  There is NO safer way to conduct a dually authenticated financial transaction on the web...or on the mobile...than swiping your card and entering your PIN.



So, now that you have your choice of about (at last count) 6 iPhone Card Readers, remember that there is only one that provides dual authentication with a built-in PIN Pad which also happens to be the only one with PCI 2.1 Certified PED technology.  That one would be HomeATM.




HomeATM's CircleSwipe iPhone Card Reader Encrypts the Track 2 Data












MagTek launched iDynamo, a secure card reader authenticator, specifically designed to interface with card present payment applications made for the iPad, iPhone 3G and 3GS, and iPod Touch.



iDynamo is available to end-users who want to process payments from their phone as part of its MagneSafe integrated solution to fully encrypt and protect cardholder data at the earliest point of entry—when the card is swiped.



Additional capabilities allow the iDynamo to generate dynamic payment card data using the existing magnetic stripe cards. This dynamic data offers a robust solution for the immediate tokenization or substitution of sensitive card data, thereby removing it from the merchant’s systems while further allowing the card to be authenticated in real-time to ensure it is not a fraudulent or skimmed card.



John Arato, VP of MagTek’s retail business unit said: "As fraud continues to be an issue for the payment industry, we recognize our customers need products that will help them to mitigate their risk and comply with the PCI Data Security Standards while making the solution affordable for any size merchant."









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Euronet Worldwide Announces First Quarter 2010 Earnings Release Date and Conference Call Details



Euronet Worldwide, Inc.

LEAWOOD, Kan.--(BUSINESS WIRE)--Euronet Worldwide, Inc. ("Euronet" or the “Company”) (NASDAQ: EEFT) announced today it will release first quarter 2010 earnings results prior to the market opening on Wednesday, April 28th, 2010. Euronet will hold a conference call the same day at 9:00 a.m. Eastern Time to discuss the results.

To listen to the call via telephone, dial 877-303-6313 (USA) or +1-631-813-4734 (non-USA). The conference call will also be available via webcast at www.euronetworldwide.com orhttp://ir.euronetworldwide.com. Participants should go to the Web site at least 5 minutes prior to the scheduled start time of the event to register. A slideshow will be included in the webcast.
A webcast replay will be available beginning approximately one hour after the event at www.euronetworldwide.com or http://ir.euronetworldwide.com. To dial in for the replay, the call-in number is 800-642-1687 (USA) or +1-706-645-9291 (non-USA). The replay passcode is 60273275. The call and webcast replay will be available for one month.
About Euronet Worldwide, Inc.
Euronet Worldwide is an industry leader in processing secure electronic financial transactions. The Company offers payment and transaction processing solutions to financial institutions, retailers, service providers and individual consumers which include comprehensive ATM, POS and card outsourcing services; card issuing and merchant acquiring services; software solutions; consumer money transfer and bill payment services; and electronic distribution for prepaid mobile airtime and other prepaid products. Euronet operates and processes transactions from 46 countries.
Euronet’s global payment network is extensive — including 9,720 ATMs, approximately 53,000 EFT POS terminals and a growing portfolio of outsourced debit and credit card services which are under management in 30 countries; card software solutions; a prepaid processing network of approximately 498,000 POS terminals across approximately 237,000 retailer locations in 23 countries; and a consumer-to-consumer money transfer network of approximately 82,200 locations serving more than 100 countries. With corporate headquarters in Leawood, Kansas, USA, and 39 worldwide offices, Euronet serves clients in approximately 150 countries. For more information, please visit the Company’s Web site at www.euronetworldwide.com.

Contacts

Euronet Worldwide, Inc.

Angie Bensman, 913-327-4143

abensman@eeft.com
Permalink: http://www.businesswire.com/news/home/20100414006078/en/Euronet-Worldwide-Announces-Quarter-2010-Earnings-Release


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Euronet Worldwide Announces First Quarter 2010 Earnings Release Date and Conference Call Details



Euronet Worldwide, Inc.

LEAWOOD, Kan.--(BUSINESS WIRE)--Euronet Worldwide, Inc. ("Euronet" or the “Company”) (NASDAQ: EEFT) announced today it will release first quarter 2010 earnings results prior to the market opening on Wednesday, April 28th, 2010. Euronet will hold a conference call the same day at 9:00 a.m. Eastern Time to discuss the results.

To listen to the call via telephone, dial 877-303-6313 (USA) or +1-631-813-4734 (non-USA). The conference call will also be available via webcast at www.euronetworldwide.com orhttp://ir.euronetworldwide.com. Participants should go to the Web site at least 5 minutes prior to the scheduled start time of the event to register. A slideshow will be included in the webcast.
A webcast replay will be available beginning approximately one hour after the event at www.euronetworldwide.com or http://ir.euronetworldwide.com. To dial in for the replay, the call-in number is 800-642-1687 (USA) or +1-706-645-9291 (non-USA). The replay passcode is 60273275. The call and webcast replay will be available for one month.
About Euronet Worldwide, Inc.
Euronet Worldwide is an industry leader in processing secure electronic financial transactions. The Company offers payment and transaction processing solutions to financial institutions, retailers, service providers and individual consumers which include comprehensive ATM, POS and card outsourcing services; card issuing and merchant acquiring services; software solutions; consumer money transfer and bill payment services; and electronic distribution for prepaid mobile airtime and other prepaid products. Euronet operates and processes transactions from 46 countries.
Euronet’s global payment network is extensive — including 9,720 ATMs, approximately 53,000 EFT POS terminals and a growing portfolio of outsourced debit and credit card services which are under management in 30 countries; card software solutions; a prepaid processing network of approximately 498,000 POS terminals across approximately 237,000 retailer locations in 23 countries; and a consumer-to-consumer money transfer network of approximately 82,200 locations serving more than 100 countries. With corporate headquarters in Leawood, Kansas, USA, and 39 worldwide offices, Euronet serves clients in approximately 150 countries. For more information, please visit the Company’s Web site at www.euronetworldwide.com.

Contacts

Euronet Worldwide, Inc.

Angie Bensman, 913-327-4143

abensman@eeft.com
Permalink: http://www.businesswire.com/news/home/20100414006078/en/Euronet-Worldwide-Announces-Quarter-2010-Earnings-Release


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Heartland Payment Systems Links Campus ID and Debit Card



http://www.HeartlandPaymentSystems.com

Heartland Payment Systems® Revolutionizes Campus Financial Aid Disbursement by Linking Campus ID and Debit Card to a Single Financial Account

Students and administrators at North Central Missouri College first to benefit from the new AcceluraidSM solution
PRINCETON, N.J.--(BUSINESS WIRE)--Heartland Payment Systems'® (NYSE: HPY) Campus Solutions division is revolutionizing financial aid disbursement with AcceluraidSM, the first electronic aid distribution platform that utilizes a single financial account for seamless integration with a campus card system — Heartland’s OneCard System.
Acceluraid allows students fast and convenient access to their financial aid refunds through a unified financial account that links to a prepaid campus ID card ― Heartland’s Campus OneCard ― as well as a school-branded debit card sponsored by a leading card brand, satisfying Title IV, Regulation E and PCI requirements. Acceluraid can also be used as a standalone platform by distributing aid to a financial account linked only to a debit card. Whether standalone or integrated, Acceluraid eliminates the need to issue paper checks, reducing the costs, delays and operational hurdles typically associated with aid disbursement.
Bill Norwood, director and chief architect at Heartland Campus Solutions explains, “At a time when other service providers are ceasing delivery of aid to student card accounts due to an inability to meet PCI and other regulatory mandates, we have created an innovative solution that is fully standards-compliant. Acceluraid enables us to integrate financial aid funds into students’ existing prepaid OneCard accounts.”
This single-account system allows students to use their campus ID cards as they normally would with Heartland’s OneCard System — to access buildings and parking facilities, library and dining services as well as make purchases on-campus at bookstores, vending and laundry machines. In addition, Acceluraid can be used as a component of Heartland’s off-campus merchant program giving students the ability to use their campus ID cards to make purchases at participating businesses. Further, Acceluraid expands students’ off-campus purchasing power by providing them with a debit card from a major card brand that is accepted at millions of locations.
By using an integrated financial account for both the debit and prepaid campus ID cards, campus administrators only need to make deposits to — and manage — a single account for each student.
North Central Missouri College (NCMC) in Trenton, MO, debuted the Acceluraid program in January 2010 — distributing $2 million in financial aid to its 1,700 students. The program has created new opportunities that allow students faster and more convenient access to their financial aid refunds. Students have the advantage of utilizing their funds through online bill pay, free withdrawals from the ATM Heartland provided at the Ketcham Community Center as well as cash back options from participating merchants.
According to Sharon Barnett, vice president of administrative services at NCMC, “Acceluraid has transformed financial aid disbursement on our campus. It enables our administration to save money on personnel costs, check issuance and reconciliation issues caused by delayed deliveries and lost or returned checks. By connecting financial aid to students’ existing accounts, we’re able to deliver funds in a more timely manner and offer students the flexibility they need to use their aid most effectively. In the near future, we also plan to disburse the student payroll via the OneCard system.”
Acceluraid is just one of the ways Heartland Campus Solutions is changing the landscape for academic institutions nationwide. Heartland offers unique campus card programs, state-of-the-art access control/security systems and cost-effective payments processing. For more information about Acceluraid and Heartland’s suite of products, visit HeartlandPaymentSystems.com/Campus or call 800.486.4462 x11535.
About Heartland Payment Systems
Heartland Payment Systems, Inc. (NYSE: HPY), the 5th largest payments processor in the United States, delivers credit/debit/prepaid card processing, payroll, check management and payments solutions to more than 250,000 business locations nationwide. Heartland is the founding supporter of The Merchant Bill of Rights, a public advocacy initiative that educates merchants about fair credit and debit card processing practices. For more information, please visit HeartlandPaymentSystems.com, MerchantBillOfRights.org, CostOfABurger.com and E3secure.com.

Contacts

Vault Communications

Leanne Scott Brown

610-455-2742

LBrown@VaultCommunications.com

or

Heartland Payment Systems

Nancy Gross

888-798-3131 x2202

Nancy.Gross@e-hps.com
Permalink: http://www.businesswire.com/news/home/20100414005335/en/Heartland-Payment-Systems%C2%AE-Revolutionizes-Campus-Financial-Aid


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Heartland Payment Systems Links Campus ID and Debit Card



http://www.HeartlandPaymentSystems.com

Heartland Payment Systems® Revolutionizes Campus Financial Aid Disbursement by Linking Campus ID and Debit Card to a Single Financial Account

Students and administrators at North Central Missouri College first to benefit from the new AcceluraidSM solution
PRINCETON, N.J.--(BUSINESS WIRE)--Heartland Payment Systems'® (NYSE: HPY) Campus Solutions division is revolutionizing financial aid disbursement with AcceluraidSM, the first electronic aid distribution platform that utilizes a single financial account for seamless integration with a campus card system — Heartland’s OneCard System.
Acceluraid allows students fast and convenient access to their financial aid refunds through a unified financial account that links to a prepaid campus ID card ― Heartland’s Campus OneCard ― as well as a school-branded debit card sponsored by a leading card brand, satisfying Title IV, Regulation E and PCI requirements. Acceluraid can also be used as a standalone platform by distributing aid to a financial account linked only to a debit card. Whether standalone or integrated, Acceluraid eliminates the need to issue paper checks, reducing the costs, delays and operational hurdles typically associated with aid disbursement.
Bill Norwood, director and chief architect at Heartland Campus Solutions explains, “At a time when other service providers are ceasing delivery of aid to student card accounts due to an inability to meet PCI and other regulatory mandates, we have created an innovative solution that is fully standards-compliant. Acceluraid enables us to integrate financial aid funds into students’ existing prepaid OneCard accounts.”
This single-account system allows students to use their campus ID cards as they normally would with Heartland’s OneCard System — to access buildings and parking facilities, library and dining services as well as make purchases on-campus at bookstores, vending and laundry machines. In addition, Acceluraid can be used as a component of Heartland’s off-campus merchant program giving students the ability to use their campus ID cards to make purchases at participating businesses. Further, Acceluraid expands students’ off-campus purchasing power by providing them with a debit card from a major card brand that is accepted at millions of locations.
By using an integrated financial account for both the debit and prepaid campus ID cards, campus administrators only need to make deposits to — and manage — a single account for each student.
North Central Missouri College (NCMC) in Trenton, MO, debuted the Acceluraid program in January 2010 — distributing $2 million in financial aid to its 1,700 students. The program has created new opportunities that allow students faster and more convenient access to their financial aid refunds. Students have the advantage of utilizing their funds through online bill pay, free withdrawals from the ATM Heartland provided at the Ketcham Community Center as well as cash back options from participating merchants.
According to Sharon Barnett, vice president of administrative services at NCMC, “Acceluraid has transformed financial aid disbursement on our campus. It enables our administration to save money on personnel costs, check issuance and reconciliation issues caused by delayed deliveries and lost or returned checks. By connecting financial aid to students’ existing accounts, we’re able to deliver funds in a more timely manner and offer students the flexibility they need to use their aid most effectively. In the near future, we also plan to disburse the student payroll via the OneCard system.”
Acceluraid is just one of the ways Heartland Campus Solutions is changing the landscape for academic institutions nationwide. Heartland offers unique campus card programs, state-of-the-art access control/security systems and cost-effective payments processing. For more information about Acceluraid and Heartland’s suite of products, visit HeartlandPaymentSystems.com/Campus or call 800.486.4462 x11535.
About Heartland Payment Systems
Heartland Payment Systems, Inc. (NYSE: HPY), the 5th largest payments processor in the United States, delivers credit/debit/prepaid card processing, payroll, check management and payments solutions to more than 250,000 business locations nationwide. Heartland is the founding supporter of The Merchant Bill of Rights, a public advocacy initiative that educates merchants about fair credit and debit card processing practices. For more information, please visit HeartlandPaymentSystems.com, MerchantBillOfRights.org, CostOfABurger.com and E3secure.com.

Contacts

Vault Communications

Leanne Scott Brown

610-455-2742

LBrown@VaultCommunications.com

or

Heartland Payment Systems

Nancy Gross

888-798-3131 x2202

Nancy.Gross@e-hps.com
Permalink: http://www.businesswire.com/news/home/20100414005335/en/Heartland-Payment-Systems%C2%AE-Revolutionizes-Campus-Financial-Aid


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Acacia Enters into Settlement Agreements with Two More Retailers

Image representing Acacia Research as depicted...


NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) announced today that its Financial Systems Innovation LLC subsidiary has entered into a settlement agreement covering a patent that applies to credit card fraud protection technology with Ross Stores, Inc. This resolves a dispute that was pending before the United States District Court for the Northern District of Georgia concerning Ross Stores, Inc.
The expired patent asserted in this litigation generally relates to a computerized system for protecting retailers and consumers engaged in credit card, check card, and debit transactions. The system includes an electronic card reader, and the generation and use of a transaction number, which specifically identifies each transaction processed within the system.
ABOUT ACACIA RESEARCH CORPORATION
Acacia Research’s subsidiaries partner with inventors and patent owners, license the patents to corporate users, and share the revenue. Acacia Research’s subsidiaries control over 140 patent portfolios, covering technologies used in a wide variety of industries.
Information about Acacia Research is available at www.acaciatechnologies.com and www.acaciaresearch.com.


Acacia Subsidiary Enters into Settlement Agreement Regarding Credit Card Fraud Protection Technology with Build-A-Bear Workshop, Inc.

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) announced today that its Financial Systems Innovation LLC subsidiary has entered into a settlement agreement covering a patent that applies to credit card fraud protection technology with Build-A-Bear Workshop, Inc. This resolves a dispute that was pending before the United States District Court for the Northern District of Georgia concerning Build-A-Bear Workshop, Inc.
The expired patent asserted in this litigation generally relates to a computerized system for protecting retailers and consumers engaged in credit card, check card, and debit transactions. The system includes an electronic card reader, and the generation and use of a transaction number, which specifically identifies each transaction processed within the system.













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