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News Article | December 20, 2016
Site: globenewswire.com

SAN ANTONIO, Dec. 20, 2016 (GLOBE NEWSWIRE) -- Payment Data Systems, Inc. (NASDAQ:PYDS), an integrated electronic payments solutions provider, today announced that it recently partnered with Applied Business Software (ABS), as a payment processor for ABS’ The Mortgage Office™ suite of products. Applied Business Software, founded in 1978, is an industry leader in loan servicing software.  The partnership with Payment Data Systems was part of the recently released new version of The Mortgage Office™.  “This partnership takes us into the new vertical of consumer mortgage loan servicing software and further diversifies our customer base,” said Louis Hoch, President and CEO of Payment Data Systems.  “We are excited to be a part of ABS’ new version of the The Mortgage Office™ suite of products.” Jerry Delgado, CEO and Co-founder of ABS commented, “We are pleased to be partnering with Payment Data Systems, as we believe their high-touch model and strong customer service will be beneficial to our customers.” Payment Data Systems (NASDAQ:PYDS), a leading integrated payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, and card issuers. The Company operates credit, debit/prepaid and ACH payment processing platforms to deliver convenient, world-class payment solutions and service to their clients. The strength of the Company lies in its ability to provide tailored solutions for card issuance, payment acceptance, and bill payments as well as its unique technology in the prepaid sector.  Payment Data is headquartered in San Antonio, Texas, and has offices in New York, New York; and Long Beach, California.  For additional information please visit www.paymentdata.com. Websites:  www.akimbocard.com and www.ficentive.com. Find us on Facebook®. Applied Business Software, founded in 1978 and creator of The Mortgage Office™, is a market leader and global provider of software systems and solutions to the lending industry. The Mortgage Office™ is a complete suite of software products designed from the ground up to specifically address the needs of those who originate and administer loans. The Mortgage Office™ has consistently rated superior in design, system interface, expandability, and ease of use. This Windows application collaborates fully with the Microsoft Office suite of products and is designed to make loan servicing more profitable and your overall business run more efficiently. ABS is based in Long Beach, California. For additional information about ABS’s products and services, visit www.themortgageoffice.com, www.theloanofficesoftware.com or call (800) 833-3343.


News Article | November 29, 2016
Site: www.prnewswire.com

LONG BEACH, Calif., Nov. 29, 2016 /PRNewswire/ -- Applied Business Software Inc. (ABS), developers of The Mortgage Office® and The Loan Office® software, is excited to announce a major update to its signature loan servicing software The Mortgage Office®. Photo -...


Patent
Business of Software | Date: 2012-07-17

A system for determining a location for a mobile communication device includes a plurality of taps, a multiplexer, and a link aggregator. Each tap includes a pair of connectors that couple to a communication link of a radio access network inline and pass between them a signal received over the communication link. Each tap also includes a multiplexer connector that couples to a multiplexer and a cable connecting the multiplexer connector to the inline connectors. The tap replicates signals passing between the inline connectors and propagates the replicated signals to the multiplexer connector. The multiplexer receives, from each tap, signals replicated by that tap, extracts location data from the received signals, and transmits the location data to a link aggregator. The link aggregator receives the location data from the multiplexer and determines a location for one of the mobile devices based on the received location data.


Patent
Business of Software | Date: 2010-07-08

A system for determining a location for a mobile communication device includes a plurality of taps, a multiplexer, and a link aggregator. Each tap includes a pair of connectors that couple to a communication link of a radio access network inline and pass between them a signal received over the communication link. Each tap also includes a multiplexer connector that couples to a multiplexer and a cable connecting the multiplexer connector to the inline connectors. The tap replicates signals passing between the inline connectors and propagates the replicated signals to the multiplexer connector. The multiplexer receives, from each tap, signals replicated by that tap, extracts location data from the received signals, and transmits the location data to a link aggregator. The link aggregator receives the location data from the multiplexer and determines a location for one of the mobile devices based on the received location data.


Grant
Agency: GTR | Branch: Innovate UK | Program: | Phase: Smart - Development of Prototype | Award Amount: 92.65K | Year: 2013

Worldwide enterprise IT spending is projected to total $2.7trillion in 2012 (Gartner) & by 2020 it is estimated that the ICT industry will reach $5trillion (IDC 2012). Organisations are taking more services from the cloud & IT is considered a primary driver of business growth. The move towards the cloud will make it easier for users to get the applications they need, however this will lead to the provisioning of applications that are not utilized as intended, which will in turn lead to unnecessary compliance issues, hardware & software fees & reduced accountability. In today’s economic climate there is more pressure than ever to reduce IT budgets whilst maintaining/increasing services. Software costs make up a large proportion of IT budgets, however mkt research indicates that up to 75% of all software & services deployed by organisations are either not used or used sporadically & that less than 8% of companies are managing their software usage & tying into licences thus paying for what they actually use. The Business Software Centre Ltd (TBSC) seeks to develop an advanced usage tracking system ‘Rentsoft Meter’ to address this business opportunity. Rentsoft Meter will enable an organisation to collect info about what software is used, when & for how long. The system will aggregate info from many different sources & systems & create reports which show what is being used & not used & the costs of this. It will calculate potential cost savings for reducing wasted costs of software & running costs from non or low usage, & conduct analysis & prioritise cost saving opportunities. Once the user has this info they can choose to close down some items or re-negotiate supply contracts, saving money & streamlining processes. Rentsoft Meter will be targeted at medium-large orgs (public & private) where management of IT budgets are complex & the potential savings from using this system are considerable. Market entry is expected circa 3 months after project end.


Grant
Agency: GTR | Branch: Innovate UK | Program: | Phase: Innovation Voucher | Award Amount: 5.00K | Year: 2015

The Business Software Centre Ltd (TBSC) works with public and private sector clients to assess and improve their software licensing efficiency. TBSC technology (Rentsoft Meter) gathers software usage information and sends this through to a cloud based application which analyses usage and compares this to their licensing costs and numbers of licenses purchased. Like all cloud based technologies, Rentsoft Meter can be open to security breaches if communications are intercepted. TBSC intends to conduct a security review to assess and improve the following: • Support for proxy servers • Encryption and identity standards used in Rentsoft Meter • Cloud firewall standards • Protection for interception of communication • Creation of a DMZ • Review policies and proceedures • Hosting standards • Risk assessment • Security alerts • Anti-virus standards • Security audit log


Trademark
Business of Software | Date: 2016-07-27

Computer software for network security.


News Article | July 6, 2011
Site: venturebeat.com

I first met Derek Sivers (who most people know best as the founder of CD Baby) at the Business of Software conference, but I’d heard about him long before that. In a world full of entrepreneurs who have done any number of incredible things, Derek has two accomplishments to his credit that are remarkable: He created a successful business, from scratch – then gave the business away to charity when he was done. Derek recently spoke at the Business of Software conference.  If you’ve got the time, you should go watch his presentation.  It’s inspiring. Even if you don’t, you definitely should pick up his book. Derek is the author of the simple, highly readable “Anything You Want”. It’s short, to the point and inspiring. Also, the book is published through “The Domino Project” by Seth Godin. Here are some of the most stirring ideas from that book to get you motivated: 1. Business is not about money. It’s about making dreams come true for others and for yourself. 2. When you make a company, you make a utopia. It’s where you design your perfect world. 3. Success comes from persistently improving and inventing, not from persistently promoting what’s not working. 4. A quick glance and common sense should tell you if the numbers will work. The rest are details. 5. “Revolution” is a term that people use only when you’re successful. Before that, you’re just a quirky person who does things differently. 6. When you’re on to something great, it won’t feel like revolution. It’ll feel like uncommon sense. 7. If you’re not saying “HELL YEAH!” about something, say “no”. 9. After we grew to 50 employees, people started pitching me on how I needed an official employee review plan, sensitivity training, Terms and Conditions postings, and all this corporate crap. I got such joy out saying no to all of it. 10. In a perfect world, would your website be covered with advertising? 11. Resist the urge to punish everyone for one person’s mistake. 12. If you find even the smallest way to make people smile, they’ll remember you more for that smile than for all your other fancy business-model stuff. 13. Don’t try to impress an invisible jury of MBA professors. It’s OK to be casual. 14. No matter what business you’re in, it’s good to prepare for what would happen if business doubled. 15. In the end, it’s about what you want to be, not what you want to have. 16. When you sign up for a marathon, you don’t want a taxi to take you to the finish line. 17. There’s a big difference between being self-employed and being a business owner. 18. Never forget that you can make your role anything you want it to be. 19. Anything you hate to do, someone else loves it. Find that person and let them do it. 20. Why he gave his company away to charity: I get the pride of knowing I did something irreversibly smart before I could change my mind. Most of all, I get the constant, priceless reminder that I have enough. 21. Whatever you make, it’s your creation, so make it your personal dream come true. So, what do you think? Are you working towards being happy?  What’s your favorite idea from the list?  Let us know in the comments below.


NASSCOM Product Conclave 2011 at Taj Vivanta, Bangalore, on 9 and 10 November 2011; YourStory is the online partner In the runup to winter, when the wind gets a bit chill and a bit before that when sun shines and weather is pleasant at Bangalore (Bengaluru, for diehard Indianizers), NASSCOM Volunteer team called Black Shirts brings pulsating action with the vision of creating 2000 product ventures in India by 2020. The NASSCOM Product Conclave on November 9 and 10 is importing experts from the Silicon Valley to tell the participants what product business in software is about. Product entrepreneurs congregate here as if it is their annual pilgrimage not to seek God but to seek learning. The Conclave hasn’t failed in its hype and potential to deliver. The Product Chair at NASSCOM is a contrarian who believed in products. Sharad Sharma right from his graduation did not wink an eye at services business. But his belief, thinking different and sticking to madness of product despite setbacks has translated into building a super-duper team of volunteers, now called Black Shirts, to bring to the community immense learning and associated benefits of connecting with each other. The volunteer force is not made of simpletons. Each volunteer is a successful product entrepreneur, some perhaps with revenues of $1 million (that rings in the mind rather than saying Rs. 5 crores). In an email chat with Venkatesh Krishnamoorthy, chief evangelist, Ankur Lal, one of the volunteer Black Shirts and founder of Infozech Software, gives you a compelling proposition to attend #NPC 2011. Keep away from your routine schedule for 2 days. Spend your time with the best of minds in business. Learn from them. Register here. YourStory: Two editions of the Product Conclave have created many expectations from the community. What’s new in this third edition? Ankur Lal: During the last two years Product conclave has set new standards for the best speakers, delegates, content and curation. This edition will actually be the 8th edition of the conclave (for this team, it will be the 3rd). This year we are going to focus on setting new standards in networking, delegate to delegate experience, delegate to content experience and most importantly delegate to speaker engagement. Forces@Work — how is this theme of Product Conclave 2011 likely to benefit product entrepreneurs? Entrepreneurship is a journey and over time it becomes more complex – with multiple Forces @work. The art of entrepreneurship lies in simplifying these forces and enable them to become more effective for entrepreneurs. Our theme this year is going to focus on Sales, Marketing, Product positioning and Management. We are going to go under the hood and walk through lessons from what has worked and what has not. When people leave the venue at the end of the conference, they should have significant takeaways relevant to their business (what needs to change, or how they can become more effective by looking at their most important challenges differently). These insights will be distilled and delivered to them tailored to their specific needs such as differentiation based on customers they sell to. We have special tracks for entrepreneurs engaged in consumer business, those selling to SMB enterprises as well as those to large enterprises. All the content has been built keeping the startup, young entrepreneur in mind (be it a single individual or companies less than 10 employees). There is content for more established companies as well. Silicon Valley is the springboard of innovation and spirit of entrepreneurship. The Product Conclave is likely to feature Silicon Valley experts this time. Can you please elaborate? We will have several global leaders from the valley – some of them being Vinod Khosla, Sanjiv Sidhu, Anand Rajaram, Naveen Jain, Vivek Paul, Jim Geisman, Bob Wright, Harry Gould – these are people who have built multiple businesses, across multiple industries and business models. They have played the STARTUP role several times over. Most of them have seen adversity and diversity which a startup goes through and bring in practical and rich insights of how to respond to complex and unpredictable situations. These are people who thrive in the spirit of innovation and entrepreneurship — they are keen to engage with speakers, delegates at the conference and learn from what Bangalore and India provides. The conclave provides a unique opportunity to interact with them — in sessions, smaller networking groups, one – on – one. Our goal is to make the engagement rewarding and memorable for all people coming there. Can you give us an indication of what are the broad outlines of the agenda aimed at specific segments of entrepreneurs? What are the ones that entrepreneurs never should miss? There are over 50 sessions planned — each of which has been thought through in great detail. The Volunteer team (aka Black Shirts) who form the Program Team and a group of 10 entrepreneurs who have built successful SME businesses in India and understand the pain points. They have also spoken to several delegates, past attendees, other entrepreneurs to understand the core pain points of Entrepreneurs. We discovered that most entrepreneurs face challenges in getting across to the right customers, positioning themselves, their company or product, building customer recall, pricing it appropriately and finally making it a scalable and rewarding journey (aka Entrepreneurship). Keeping this in mind, we have kept several sessions of how to sell (and nuances of selling in different situations – such as, selling to consumers, or selling to small businesses or selling to large customers); Defining Value proposition (how to articulate the value proposition of a product in a complex sale); specific workshops on Marketing and Pricing. Jim Geisman is global leader in pricing – he will run a specific workshop. Bob Wright is a leader in Positioning and Launch (and will run a specific workshop on that) – (you may want to search more on google and find out more about them). My top 3 for you will be: The two workshops and Vinod Khosla’s keynote – I promise –you will not forget them for a long long time after the event. Into the future, what is the objective that NASSCOM Product Conclave 2011 is likely to achieve? The objective of NPC is to create the best platform for software entrepreneurs to connect, learn and grow. Three pillars of our conference is Content, Entertainment, Networking. We believe people love to come not just for content, but for the overall experience, networking and feel good about themselves and what they do. Our objective is to Nurture the software ecosystem and create 2000 global product companies from India by 2020 – NPC will play a key role in getting Industry, academia, people from India, US, other countries together and in strengthening the connection of the dots. Any specific session you would pick and choose that would be highlight — for example, Vivek Wadhwa vs. Vishal Gondal was interesting last year. It is a very difficult choice. If you had trouble picking sessions last year – this year it gets only tougher. Depending on what you are looking for, there is a session or workshop for everyone. Some suggestions above include Vinod Khosla and the workshops from Jim Geisman and Bob Wright. An open question to share your thoughts. Did you knowIndia’s future lies in Creating Jobs in the knowledge economy. In the last 2 decades the Global knowledge economy has been redefined by Indians – both inIndiaand Outside. In the next decade who will create the most jobs? Will it be government, private sector or large companies? No. Most jobs will be created by entrepreneurs like you, wannabe entrepreneurs – who are thinking to jumping in. The difference between you and professionals lie in the fact that you are a job creator, while others are job seekers. Talking on knowledge and entrepreneurship, we believe the best way to learn is through mistakes (and sometime not always our own) – we can learn from others mistakes too (and sometimes it is fun watching). Learning is often about sharing and gaining from experiences of others. NPC, “Forces@work”, is set in an environment which encourages learning and Entrepreneurship in Software. It focuses on Business of Software through sharing Pains of small to medium entrepreneurs. Yes people with less than 1 crore revenue (some of them even pre –revenue), looking at problems of growth, profitability, recurring revenue. There are several people going through the journey and you will get an opportunity to meet them and share your story. Some sessions and speakers above will provide an outline of what is in store. You could also visit www.nasscom.in/productconclave. You can learn by hearing from the horse’s mouth (people will share their stories and how they responded to difficult situations). Finally it is about actions we take, our response and the courage to go out of our shell and explore the unseen. It is about choices you make. I would encourage you to choose to come and attend this exciting session and learn from fellow Entrepreneurs – I can assure you, you will meet several others like minded people who share your pain and the vision. A compelling pitch for entrepreneurs to be there at Taj Vivanta on November 9 and 10. If you are thinking “should I attend” you are not alone! If you are thinking “what will you get” let me tell you “you will not forget this conference for a long long time”. Each session, topic, speaker, takeaways have been carefully designed and executed for your benefit.

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