Dynamic Card Solutions Announces Technology Refresh Lease Program; Financial Institutions Now Able to Lease Instant-Issue Products.ENGLEWOOD, Colo. -- Dynamic Card Solutions (DCS (1) See also DSC. (2) Digital Cross-connect System) A network switching and grooming device used by telecom carriers. See digital cross-connect. ), developer of CardWizard(R), the leading instant-issue and PIN-selection software application for financial institutions, today announced an exciting new program called Technology Refresh (1) To continuously charge a device that cannot hold its content. CRTs must be refreshed, because the phosphors hold their glow for only a few milliseconds. Dynamic RAM chips require refreshing to maintain their charged bit patterns. See vertical scan frequency and redraw. Lease. The lease program is designed to allow financial institutions the option of refreshing DCS-leased hardware (embossers, encoders, etc.) at any time during the lease term. DCS designed the program to provide investment protection and affordability for financial institutions and retailers looking to implement their CardWizard(R) instant issuance solution. The program allows them to continually update their instant-issue hardware -- with hardware upgrades, new embossers, or new product features -- without having to purchase the hardware which might financially "lock" them into that hardware technology in a very rapidly changing industry. Financial institutions can lease all items offered through DCS, including the DataCard 150i embosser embosser - Braille printer , CardWizard(R) instant issue software, and SuperCAT (R) Encoder A hardware device or software that assigns a code to represent data. See encode. 1. (algorithm, hardware) encoder - Any program, circuit or algorithm which encodes. Example usages: "MPEG encoder", "NTSC encoder", "RealAudio encoder". 2. , but the lease option is best executed on the hardware since that technology is most likely to possibly change/refresh during the course of the instant-issue program. "Dynamic Card Solutions initiated this leasing program to give the customer the flexibility of updating their instant-issue program at any time that is most beneficial to them," said Jim Tarbell James Tarbell is an American politician of the Charter Party, who currently serves as a member of the city council of Cincinnati, Ohio. By mayoral proclamation, Jim Tarbell hold the title "Mr. Cincinnati" for life. Background He graduated from St. Xavier High School. , president of Dynamic Funding Inc., the in-house leasing arm for Dynamic Card Solutions and partner in the Technology Refresh Lease Program. "This program will eliminate the hesitations that stem from a concern that as soon as they choose a product, a new technology would be available. We specifically designed the leasing option to offer customers flexibility. During the leasing term, we will simply take any old hardware back and refresh it with new equipment or an upgrade module on a new lease term." The program offers standard 24- or 36-month lease plans but custom terms can be provided as well. At any point during the lease term, DCS customers can trade-in, upgrade or replace their old technology. Alternatively, if a company opts not to refresh with new technology, DCS provides them the option to extend their lease term or purchase the equipment at any time. "As we see an increase in instant issuance among financial institutions coupled with new card technologies entering the market, we see the distinct possibility of manufacturers offering new features and products more rapidly," said Ron Zanotti, vice president of sales and marketing of DCS. "We want to ease any of our customers' concerns by offering an affordable and flexible choice when implementing their instant issue program." DCS' CardWizard(R) products provide an easy and secure method to instantly issue and re-PIN debit A monetary amount that is subtracted from an account balance. A debit from one account is a credit to another. See credit. and credit cards. Through a robust, user-friendly administration component, CardWizard provides a full report of card inventory management, reliable security and monitoring features required for instant issue. Additionally, DCS provides supplemental products, such as the SuperCAT(R) Encoder, PIN Wizard Instructional help in an application or system development environment that guides the user through a series of multiple choice questions to accomplish a task. For the most part, wizards are more effective than the help menus found in most applications, which often border on the atrocious. (R), and ID Wizard(R), for customer-selected PIN and re-PIN processes that compliment its CardWizard integrated platform. About Dynamic Card Solutions Founded in 1996 and a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Dynamic Solutions International, Dynamic Card Solutions is an innovative developer of instant-issuance and PIN-selection solutions for banks, credit unions and retailers. Dynamic Card Solutions is the leading instant-issuance provider for Visa(R) and MasterCard(R) debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The company offers fully integrated solutions that allow financial institutions and retailers to quickly and securely issue ATM, debit and credit cards instantly at branch or store locations. Issuing cards instantly increases customer service, card sales and revenue, and eliminates current card issuance costs. Dynamic Card Solutions' system includes a user-friendly administration component that provides full reporting, card inventory and more. All solutions utilize DES encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. and are compliant with recommended security procedures for instant issuance. For additional information, call 800-641-5215 or visit the Dynamic Card Solutions Web site at www.cardwizard-dsi.com. |
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