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Drool, Britannia? Is the UK Failing the Cloud?
By Roger Strukhoff
Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud. We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
Jan. 8, 2012 11:38 AM EST
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From the Wires
Wirecard Automates Entire Payment Process at Ypsilon.Net
Wirecard Automates Entire Payment Process at Ypsilon.Net

By: PR Newswire
Aug. 14, 2006 11:21 AM

BERLIN, MUNICH and GRASBRUNN, Germany, August 14 /PRNewswire/ -- Wirecard AG, one of the leading European providers of real-time electronic payment systems with integrated risk management services, is extending its cooperative venture with Ypsilon.Net AG.

Frankfurt based Ypsilon.Net AG, German market leader of flight booking machines, takes care of 40,000 websites worldwide, including such companies as Amadeus, Alitalia S.p.A., Deutsche Bahn AG, Lufthansa City Center and FTI. The mid- and back-office solution "Aurora" from its subsidiary e-t@cs GmbH facilitates consistent integration of all processes in the tourism online business.

"The solution from Wirecard AG enables us to perform a fully automatic reconciliation of all incoming payments with the respective reservations for the first time, without any gaps from the Internet reservation all the way through to back office", says Hans Joachim Klenz, CEO of Ypsilon.Net AG.

"The complete integration of payment processes will facilitate substantial cost savings in terms of business processes," explains Jörg Möller, Vice President Sales of Wirecard AG.

The concept is already being implemented with a well-known German tourism operator and is to be presented at the FVW Congress scheduled for September.

About Wirecard AG:

Wirecard AG is one of the leading European providers of payment systems as well as risk management and communications services. The Company provides customers with a wide range of national and global payment options. The software platform is being used by more than 5,000 enterprises across the globe, including flydba.com, Gulf Air, HSE24, QVC and Tiscali. Wirecard AG is listed on the Prime Standard of the German stock exchange in Frankfurt (ISIN DE0007472060). Wire Card Bank AG has been part of the Wirecard AG Group since January 1, 2006. The bank is a Principal Member of Visa International Service Associates (VISA) , MasterCard Europe sprl. And JCB International Co. Ltd.

www.wirecardbank.de - www.wirecard.de - www.click2pay.de

About Ypsilon.Net

Ypsilon.net AG is the leading provider of flight booking engines in Germany. Ypsilon customers account for more than 70% of all travel-related Internet sites on which flights are sold. More than 10,000 flights booked per day on more than 25,000 websites have made Ypsilon.Net the market leader in German-speaking countries. Ypsilon products are deployed in 26 countries and available in 17 languages. The company's key accounts include TUI, BDO, American Express Corporate Travel, LCC24, Estonian Air and many more very well-known Internet portals.

Wire Card - Media contact: Wire Card PR&IR Office Iris Stöckl Bretonischer Ring 4 D-85630 Grasbrunn PH.: +49-(0)89-4424-0424 FAX: +49-(0)89-4424-0524 E-Mail: iris.stoeckl@wirecard.com Internet: www.wirecard.com

Wirecard AG

Wire Card - Media contact: Wire Card PR&IR Office, Iris Stöckl, Bretonischer Ring 4, D-85630 Grasbrunn, PH.: +49-(0)89-4424-0424, FAX: +49-(0)89-4424-0524, E-Mail: iris.stoeckl@wirecard.com, Internet: www.wirecard.com

Published Aug. 14, 2006— Reads 151
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