Firstecom und ihre News ( Sinngemäße Übersetzung ) - 500 Beiträge pro Seite

[Paparazzi]

Die neueste Ankündigung ist laut Gregory Pek mit die Bedeutenste, seiner Meinung nach. Die Kooperation und enge Zusammenarbeit mit der "BANK OF BERMUDA" ist wiedermal zukunftsorientiert anzusehen. Der Service, den die Bank Banken, Kunden und Händlern anbietet ist umfassend und zugleich sicher. Die Sicherheit des bargeldlosen Zahlungsverkehr ist zudem Grundlage für Banken, sowie Firmen, die diesen Service in Anspruch nehmen wollen. Und diese Sicherheit gewährt FECC, den nicht zuletzt ist die Fa. eines der führenden Unternehmen hinsichtlich des E-Commerce-Bereiches.

Der Kundenkreis der Bank of Bermuda erstreckt sich von West nach Ost. Sie weisen Büros vor in New York, Island, Dublin, Luxenburg, Singapur etc. Und da ein der bargeldlose Zahlungsverkehr zu einer Selbstverständlichkeit wird in unserer heutigen Zeit, wird das System, bzw. der Service dieses Programmes sich weit verbreiten und die Kunden zufriedenstellen.

Das System ist zudem schnell und einfach zu installieren. Damit stellt Firstecom wiedermal unter Beweis, daß sie aus dem hiesigem Wettbewerb nicht mehr herauszudenken sind und weiter auf dem Wege sind eine feste Größe auf dem Weltmarkt zu werden.

Papa

Nachricht von heute:

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FECC.OB
19 13/16
+2 3/16

delayed 20 mins - disclaimer


Wednesday February 16, 7:32 am Eastern Time
Company Press Release
First Ecom.com, Bank of Bermuda Create Joint Venture To Provide Global Credit Card Payment Processing Solution
HONG KONG--(BUSINESS WIRE)--Feb. 16, 2000--First Ecom.com (NASD OTC BB: FECC), a global leader in Internet payment processing services, and the Bank of Bermuda, today announced the formation of First Ecommerce Data Services Limited (FEDS), a new joint venture company that will provide a comprehensive suite of global credit card payment processing services to banks and their merchants -- both online and brick and mortar.

Subject to the finalization of relevant regulatory approvals, First Ecom.com and Bank of Bermuda have created FEDS to provide banks and their merchants the FEDS Processing Solution, which includes online and batch transaction processing for Visa, MasterCard, credit and debit cards. The FEDS Processing Solution includes authorization, electronic data transmission for settlement, and full transaction reporting.

FEDS will grant banks the authority to give their merchants access to the FEDS Processing Solution, which provides a wide range of new services for researching, retrieving and archiving the data associated with the transactions processed on behalf of the banks and their merchants.

The Bank of Bermuda will provide the card processing systems, staff, data processing center and other supporting features, including formal authorization and licenses with regard to the processing of credit card transactions by holders of VISA and MasterCard credit cards.

``This is by far our most significant venture to-date,`` said Gregory Pek, First Ecom.com president and CEO. ``Creating this new joint venture demonstrates that both companies recognize the importance of working together to create a comprehensive, third-party processing solution for banks and their merchants all over the world. FEDS represents a unique payment processing outsourcing opportunity for banks, in that they can work freely with a non-bank, non-competing institution such as FEDS that offers multi-currency payment processing services and can get banks up and running in a matter of days.``

Pek added that FEDS overcomes many of the common hurdles facing banks in providing payment processing services to their merchants, including the extreme shortage of qualified technical personnel to build the systems, attracting industry-savvy business partners, increased operating costs for multinational corporations, and high costs associated with system development, maintenance and ongoing R&D. FEDS also addresses the risks associated with banks losing merchant business to competitor banks that have effective payment processing systems because FEDS provides a turnkey solution that can be quickly implemented with any banks existing systems.

``We`ve been working closely with First Ecom.com since earlier last year, and are very excited about what our new FEDS joint venture will mean, not only for our two companies, but for the vast number of banks and their merchants that understand the clear advantage of outsourcing payment processing,`` said Alan Richardson, executive vice president, retail clients for the Bank of Bermuda Ltd. ``Payment processing has always been the cornerstone of e-commerce and other types of credit card transactions, and we believe that FEDS will be regarded among the best solutions.``

About the Bank of Bermuda

Bank of Bermuda is an international financial institution that provides banking, trust, asset management, fund administration and global custody services to its corporate, private and retail clients. Founded in 1889, its global headquarters are in Bermuda, and it has offices or subsidiaries in the Cayman Islands, Cook Islands, Dublin, Guernsey, Hong Kong, Isle of Man, Jersey, Luxembourg, New York, New Zealand, and Singapore. It has representative offices in Bahrain and London.

About First Ecom.com

As a global leader in Internet transaction processing, First Ecom.com provides secure, easy-to-implement and low-cost online payment processing services to merchants and banks worldwide. Through strategic partnerships with Banks, ISPs, E-commerce system integrators and storefront solution providers, First Ecom will process credit card transactions made over the Internet in multiple currencies, either domestically or offshore in a tax-neutral jurisdiction. For more information, visit http://www.firstecom.com or contact First Ecom.com at 852.2801.5181 or by e-mail at info@firstecom

[rocketball]

Danke für diese logische Übersetzung. Das nenne ich wirklich Sprungbrett. Damit dürfen wir morgen mit einiges rechnen. So kann es weitergehen.

[manimal]

Es werden gute Kontakte hergestellt, durch die Mitarbeit mit der Bank. Wenn die Geschäftsleute zufrieden sein sollten mit dem System, wird durch Mundpropaganda gute Werbung für FECC entstehen, daß den Wert stabilisieren wird. Aber noch hat er sein Hoch noch nicht erreicht und da wo er jetzt steht, gehört er auch nicht hin. Er hat größeres Potential.

[molto]

Sollte jetzt die Tage noch eine gute Nachricht rauskommen, sehe ich schon die 30 auf uns zurollen. Die positive Entwicklung nach der Kurskorrektur zeigt wie stark der Wert in Wirklichkeit ist.

[citytrader]

Meiner meinung ist das Potential von Fecc noch gar nicht erkannt denke
durch die possitive presse der wert aufgrund seiner leistung erfährt
sind deine Kursziele eine frage der zeit

[superbowl]

Wir sind über der den Schlußkurs in NY ist das ein gutes zeichen das die Rallye weitergeht, oder sind unsere Jungs in Berlin wieder über eifrig

[Paparazzi]

So leicht kann das passieren mit dem Wirtschaftsenglisch. FECC hat natürlich mit der Bank of Bermuda eine neue Firma gegründet(FEDS).FECC stellt das technische Knowhow und die Bank of Bermuda stellr die Arbeitskräfte, Büros etc.
Nichts desto trotz, ist es dennoch eine Auszeichnung für FECC, da die Bank vollstes Vertrauen hat, hinsichtlich der Sicherheit und Bearbeitbarkeit des entwickelten Systems von Firstecom.

Kurztext:
Among the top news stories forwarded to EquityAlert.com`s subscriber base was First Ecom.com (OTC/BB: FECC), which announced the formation of First eCommerce Data Services Limited, a new joint venture company that will provide a comprehensive suite of global credit card payment processing services to banks and their merchants.

Papa

[trendj]

Hauptsache es kümmert sich jemand um die Übersetzung. Außerdem war sie ja auch nicht falsch. Wollen mal sehen, ob der Kurs bei einem neuen Hoch schließt. Hier sieht es ja danach aus.

[Guerilla]

Papa,

Deine Übersetzungen sind auf jedenfall verständlicher und richtiger als die offiziellen Pressemitteilungen der SER Systems AG

[trendj]

So kann der Tag beginnen:

18.02. 17.02.
Eröffnungskurs 25,00 20,60
Tageshöchstkurs 25,80 23,00
Tagestiefstkurs 24,50 20,55
Kassa - -
Letzter bzw. Schluß 25,70 22,70
Differenz +3,00 (+13,22%) +3,40 (+17,62%)
Preisfeststellungen 19 53
Handelsvolumen 315.325,10 769.783,25
Gehandelte Stück 12.612 36.307

Mal sehen ob es so bleibt.

[Paparazzi]

Das wäre natürlich ein enormer Anstieg. Aus meiner Sicht auch zu erwarten. Die Nachrichten müssen sich auch erst einmal verbreiten, darum können wir mit einem weiteren Anstieg hoffen im Laufe des Tages. Wir werden es auf jedenfall gut beobachten.

Papa

[molto]

Aktuelle Zahlen:

Aktuelle Daten
Aktueller Kurs 26,40
Kurszeit 18.02., 12:42
Differenz +3,70 (+16,30%)
Geldkurs 26,00
Geld-Zeit 12:42
Geld-Volumen (St.) -
Briefkurs 26,50
Brief-Zeit 12:42

Es geht weiter nach oben.

[Paparazzi]

Schlußkurs bei 27,00. Ein erfolgreicher Tag und ein schönes Wochenende mit Gewinnen.

Papa

[Broker Det]

Hallo, ich habe im ragingbull-board ein altes Interview gelesen. Ich denke es paßt noch einmal gut in die aktuelle Situation. Viel Spaß beim lesen.StockHouse Interviewed Greg Pek, CEO of First Ecom.com
• • •
StockHouse: What is the problem that First Ecom.com is trying to solve by offering credit card processing services outside of the North America?

Greg Pek: When we started this company we had no idea of what we had and how desperately it was needed. And just now here [in Hong Kong], all around the world, including the United States in some respects.

StockHouse: Why is it desperately needed in the United States?

Greg Pek: For example, in the United States you`ve got certain restrictions on what kind of credit cards you can accept. So you take a look at the Egghead site on MSN, and if you find the appropriate web page, you`ll find them saying they cannot take international credit cards.

StockHouse: Do you mean that those with credit cards issued outside of North America can`t buy products on the Internet?

Greg Pek: Well, it`s just where is it issued and where is the issuing bank. If the Hong Kong bank in Hong Kong issued it, sometimes they can`t buy [the product] in the United States. I guess what I`m finding is that a lot of banks in the United States are not as far along as we thought. Some are very far along, but not all are. I think right now there`s only a few banks in the United States that have what`s called multi-currency. The reason why? Most of the banks use First Data systems. First Data has not got multi-currency, nor will they have it for a year, which we`ve confirmed with them. Beyond that, because e-commerce has started in the United States and people look around the rest of the world and say, "Oh there`s no E-commerce there," they`ve sort of discounted it.

After all, what`s the need for anything but US dollars? The attitude in the United States is - if you have dollars, that`s the global currency. They`re right, but for a lot of applications that`s not good enough. Ultimately, you really want multi-currency and simply because the merchant may want to be paid in a different currency than his customer wants to be charged. If you want to talk about sales to Japan, they`re very proud and if at any time you go to them with something that requires them to pay in another currency they get their backs right up. It just won`t work.

StockHouse: How big is the market for you right now?

Greg Pek: It`s global. We`re already talking to clients in Germany and the UK, in the United States. We actually think that a lot of US banks are going to want to outsource their processing to us.

StockHouse: Which bank do you process through and how are their charge-back rates? [Credits to cards, vs Debits, due to not delivered or damaged or otherwise returned merchandise---Ancious Bear]

Greg Pek: We use the Bank of Bermuda. That`s our partner. They have, if not the lowest, one of the lowest charge back rates in the industry. They`ve been processing Internet transactions since 1995. They have zero percent fraud and I think the lowest charge-back. If it`s not the lowest, it`s one of the lowest charge-back rates in the whole industry,
globally.

StockHouse: How much business has First Ecom.com been able to generate?

Greg Pek: Our focus has been to go for larger clients where we can tie them up, long term, by contract - where we know the business is going to be big. The first client we got - and keep in mind, we`re three months old - was a telephone company, Peoples Telephone Company. We`re doing system design now. It`s going to start testing in July. It`ll be ready for launch in August, but because that`s summer, what we`ll probably do is just use it for their internal staff - get all their staff on it and their close associates so we`ll all be online. Their customer base that`s online will comprise maybe 300 to 350 people or something like that. Then we`ll do the full roll out launch, and probably combined with a big promotion for Compaq [CPQ] computers, which will be in September.

StockHouse: How many customers are you hoping to sign up over time?

Greg Pek: Peoples Telephone - it`s going to be gradually over time. They`ll convert their existing customer base to electronic bill presentment payment, but they also really want to use it for marketing. They see it as a huge tool, not to mention a major source of secondary revenue.

StockHouse: What do you see down the road? Issuing your own credit card?

Greg Pek: Actually, our function is to be the back end and non-offensive. What we are working on is getting Peoples Telephone to be able to issue their own credit card. We would want to help our clients, because the more successful they are, then ultimately that`s where we make money, when they start processing more transactions.

StockHouse: What marketing approach are will you use to enroll a large number of clients?

Greg Pek: There are a number of marketing strategies. The first thing I`m going to tell you is what we need to do to process the merchant application. The equipment we have today can handle about 800 transactions per second. We`re using First Data but we also have got our own proprietary stuff. One of the things that we can do is effectively
enable banks. Because of the structure of our systems, the way First Data does it, they will enable bank by bank by bank to actually acquire merchants and process them. What that means is that First Data must have an interface with each and every bank. They usually have about ten interfaces. That`s their norm. That means that everything, country by country, has to interface their systems with First Data. What we can do is, we can go to a bank and say, "Give us your logo and you are then up and running tomorrow." No interface required at all. At the end of the day the banks don`t make money [in credit card] processing. Why do they do it? If they don`t want to build systems, they have to, because they`re going to lose clients.

StockHouse: How do you fit in with, for example, Sun Microsystems?

Greg Pek: What we can do is enable all their products. Sun
Microsystems [SUNW] was in our office today with a new client. They want to sell the boxes and they want our help to make that sale. What they want is [for] their client to hear that we will enable them to transact.

It makes Sun Microsystems look good and it increases the chance of them making a sale. It`s good for us, because when they make the sale, we`re the default processor. So when they get a client, we get a client.

StockHouse: First Ecom.com is now based in Hong Kong. Should we assume that there will be an initial marketing launch along the Pacific Rim?

Greg Pek: Yes, but we`ve already got moves under foot with US Web [USWB] and others to open [more offices] within two months. We`re looking to open three more offices: one in Japan and two in Europe.

StockHouse: Such as in England and Germany, where the Internet is more popular?

Greg Pek: One would be Germany and one would be England. That`s our two first targets. US Web is going to help us pick the city in Germany. London is of course the most logical in the UK. We`re definitely a global company. We also want to open an operational office in the United States within the next few months.

StockHouse: So, with all that expansion, what are you hoping to accomplish?

Greg Pek: Number one: what we`re looking to do is be the processor for the world. We have a product array that is pretty hard to beat and that includes the following things: Tax neutral processing. What I mean by that - Bermuda levies no taxes. Currently Visa and MasterCard rights say the transaction is deemed to take place in the jurisdiction of the bank, but that may change. It will be "Where`s your processor located?" Now Bermuda is "tax free." But what does that mean? If I`m a US company and I`m processing in Bermuda, I don`t pay Bermuda taxes. I still have to report to the IRS. But here`s the key: Let`s say I`m an Italian company or an English company or a Germany company and,
today, I process in the United States - because that`s where the only banks are that really can do it. I then have to create a legal presence in the United States. I have to file US taxes, everything, for my global income. I have to do that. I have no choice. So that`s like a double taxation. Whereas with us, you don`t have to do that and you don`t have that dual-reporting requirement. You just have your own domestic thing. Now if you want to take advantage of it and redomicile yourself to the
BVI or something like that, that`s up to you and we don`t get involved in that. But we don`t create a second level of tax.

The other thing is multi-currency. We`re going to have multi-currency and all our systems are going to be Visa, MasterCard certified in July, which means we beat the deadline for the Y2K stuff. If you`re not there
by July, forget it, you`re not even going to be able to start working on your certification until after February of next year. That gives us a big head start. You`re talking eight months.

One of the things that we`ve done is redesigned how credit card processing should be done in terms of the flow. Because of that, we can take a multi-national company and process for them all over the world, but with one contract, with one interface. So if I have an airline, they`ve got a common ticketing system throughout the world. I can do
one interface with them and process with them everywhere in the world.

Today, they have to sign up bank by bank, country by country, assuming they can do e-commerce in all the countries that they operate in. That is why today, for example, American Airlines and Delta, and so on, they
can sell tickets online. You can actually conclude the transaction online
in the United States, but they can`t do it anywhere else. If an airline signs up with us, they can do it anywhere in the world.

StockHouse: When do you expect to come out with another alliance or more news?

Greg Pek: You can say we are also creating a global merchant application system with another alliance partner. We can`t announce it today, but that`s what we`re working on.

StockHouse: With all of this great stuff, why has your stock price strongly retreated over the past little while?

Greg Pek: I can say this. We fired a guy. He had a bunch of friends and he called them. IT stocks are off. The reality is we`ve issued a number of announcements, created a lot of excitement, but then what we did is we focused on some really significant issues dealing with our infrastructure and major alliances. We`ve been really working hard on
the banks and the telcos and another big alliance. So, we just haven`t been issuing a lot of news in the last few weeks - nothing meaningful.

Right now we`re in this stage where it`s contracts and you`ve got the lawyers involved. It`s just taking us a lot longer. When you`re dealing with the likes of the people we`re dealing with, they don`t like you to do announcements on letters of intent. We`ve got one ISP and we`ve been going back and forth with their lawyers. I think it`s pretty much done now.

StockHouse: Thank you very much.

Disclaimer: The opinions expressed herein do not necessarily represent the views of StockHouse Media Corporation or any subsidiaries or affiliates thereof.
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Ich wünsche allen ein schönes Wochenende. Einziger Wermutstropfen:
2 Tage kein FECC - Handel
Gruß Broker Det