Vital and HNC Software Team up to Provide Instant Application Decisioning to Acquiring Industry

Vital and HNC Will Help Revolutionize Acquiring Industry's

Account Acquisition Business Practices



Apr 30, 2001, 01:00 ET from Vital Processing Services

    TEMPE, Ariz., April 30 /PRNewswire/ -- Vital Processing Services(R)
 (Vital(R)), a world recognized leader in technology-based commerce enabling
 services, announced it has signed an agreement to purchase HNC Software's
 premiere automated credit decision service, Capstone(TM) Online, to remarket
 its benefits to the merchant acquiring industry.  HNC Financial Solutions, a
 division of HNC Software Inc. (Nasdaq:   HNCS), is a leader in the development
 of intelligent customer value management software solutions for the financial
 services and e-commerce industries.
     Capstone Online has case management and automated decision-making
 functionality that will allow Vital's clients to automate their merchant
 application credit review and acceptance process.  This tool will provide
 acquirers with access to additional business intelligence to improve merchant
 underwriting and pricing methodologies.
     Other financial segments, such as the issuing side of the payment
 processing industry, are already using instant credit application services and
 are achieving the efficiencies and cost savings it provides.  This agreement
 is a significant effort to bring similar risk strategies to the
 acquirer/merchant side of the business.  Together, Vital and HNC will deliver
 a comprehensive real-time credit decision application tool to acquirers.
     In today's environment, it could take a day or longer for an acquirer to
 set up a new merchant account.  Vital's processing system, when integrated
 with HNC's Capstone Online product, will provide acquirers the opportunity to
 achieve more rapid turn-around time to set up a new merchant account.
     "Vital looks for opportunities to provide technology-based solutions that
 enable our clients to employ successful business practices.  By teaming with
 industry leader HNC, Vital will introduce an automated system to help
 acquirers achieve quicker account set up and reduce back office costs," said
 Vital Processing Services President and CEO Jonathan Palmer.  "HNC's
 technology will allow our clients to use a single system to oversee all
 merchant application decisions combined with expansive business intelligence
 that will provide Vital's clients with the ability to sign up merchants in
 minutes as opposed to days.
     "With Capstone Online, Vital can deliver a comprehensive, real-time credit
 decisioning application solution that previously has been underutilized in the
 merchant acquiring industry," said Bruce Hansen, president of HNC Software.
 "These acquirers will be able to quickly gain the operational and cost
 efficiencies that other financial and issuing segments have enjoyed."
 
     About Vital Processing Services (www.vitalps.com )
     Arizona-based Vital Processing Services(R) (Vital(R)) is a leader in
 technology-based commerce enabling services.  Vital's clients include
 acquirers and merchant service providers that offer electronic payment
 processing services to merchants, such as POS products, electronic
 authorization and data capture; VirtualNet(TM) Internet-commerce services;
 clearing, settlement and exception processing; accounting, billing and
 reporting; operational fulfillment services; risk management; and customer
 service.  Vital is a merchant processing joint venture of Visa(R) USA and
 TSYS(R)(NYSE:   TSS).
 
     About HNC Financial Solutions
     HNC Financial Solutions is a leader in the development of intelligent
 customer value management software solutions for the financial services and
 e-commerce industries.  Its powerful suite of real-time decision platforms and
 predictive business solutions allows firms to automate new account
 decisioning, optimize marketing efforts, detect fraud, predict profitability,
 and manage the customer lifecycle.  HNC Financial Solutions supports this
 suite of solutions with a full range of consulting services.
 
     About HNC Software Inc. (www.hnc.com )
     HNC Software is a leading provider of Intelligent Response, decision
 management, and customer analytics software that enables companies in the
 financial, telecommunications, e-commerce, and insurance industries to
 acquire, manage and retain customers.  For more information, visit www.hnc.com
 or contact Melinda Bateman at (858) 799-8370.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X23150466
 
 

SOURCE Vital Processing Services
    TEMPE, Ariz., April 30 /PRNewswire/ -- Vital Processing Services(R)
 (Vital(R)), a world recognized leader in technology-based commerce enabling
 services, announced it has signed an agreement to purchase HNC Software's
 premiere automated credit decision service, Capstone(TM) Online, to remarket
 its benefits to the merchant acquiring industry.  HNC Financial Solutions, a
 division of HNC Software Inc. (Nasdaq:   HNCS), is a leader in the development
 of intelligent customer value management software solutions for the financial
 services and e-commerce industries.
     Capstone Online has case management and automated decision-making
 functionality that will allow Vital's clients to automate their merchant
 application credit review and acceptance process.  This tool will provide
 acquirers with access to additional business intelligence to improve merchant
 underwriting and pricing methodologies.
     Other financial segments, such as the issuing side of the payment
 processing industry, are already using instant credit application services and
 are achieving the efficiencies and cost savings it provides.  This agreement
 is a significant effort to bring similar risk strategies to the
 acquirer/merchant side of the business.  Together, Vital and HNC will deliver
 a comprehensive real-time credit decision application tool to acquirers.
     In today's environment, it could take a day or longer for an acquirer to
 set up a new merchant account.  Vital's processing system, when integrated
 with HNC's Capstone Online product, will provide acquirers the opportunity to
 achieve more rapid turn-around time to set up a new merchant account.
     "Vital looks for opportunities to provide technology-based solutions that
 enable our clients to employ successful business practices.  By teaming with
 industry leader HNC, Vital will introduce an automated system to help
 acquirers achieve quicker account set up and reduce back office costs," said
 Vital Processing Services President and CEO Jonathan Palmer.  "HNC's
 technology will allow our clients to use a single system to oversee all
 merchant application decisions combined with expansive business intelligence
 that will provide Vital's clients with the ability to sign up merchants in
 minutes as opposed to days.
     "With Capstone Online, Vital can deliver a comprehensive, real-time credit
 decisioning application solution that previously has been underutilized in the
 merchant acquiring industry," said Bruce Hansen, president of HNC Software.
 "These acquirers will be able to quickly gain the operational and cost
 efficiencies that other financial and issuing segments have enjoyed."
 
     About Vital Processing Services (www.vitalps.com )
     Arizona-based Vital Processing Services(R) (Vital(R)) is a leader in
 technology-based commerce enabling services.  Vital's clients include
 acquirers and merchant service providers that offer electronic payment
 processing services to merchants, such as POS products, electronic
 authorization and data capture; VirtualNet(TM) Internet-commerce services;
 clearing, settlement and exception processing; accounting, billing and
 reporting; operational fulfillment services; risk management; and customer
 service.  Vital is a merchant processing joint venture of Visa(R) USA and
 TSYS(R)(NYSE:   TSS).
 
     About HNC Financial Solutions
     HNC Financial Solutions is a leader in the development of intelligent
 customer value management software solutions for the financial services and
 e-commerce industries.  Its powerful suite of real-time decision platforms and
 predictive business solutions allows firms to automate new account
 decisioning, optimize marketing efforts, detect fraud, predict profitability,
 and manage the customer lifecycle.  HNC Financial Solutions supports this
 suite of solutions with a full range of consulting services.
 
     About HNC Software Inc. (www.hnc.com )
     HNC Software is a leading provider of Intelligent Response, decision
 management, and customer analytics software that enables companies in the
 financial, telecommunications, e-commerce, and insurance industries to
 acquire, manage and retain customers.  For more information, visit www.hnc.com
 or contact Melinda Bateman at (858) 799-8370.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X23150466
 
 SOURCE  Vital Processing Services