12/11/2007 • CardFlash® - Payment Card Industry News

BRED MASTERCARD

5, Country, FRANCE, PriorityBy Robert McKinley 12/11/2007

BRED Banque Populaire has unveiled a new MasterCard debit card targeted at 16 million females aged between 20 and 40 years-old in France. The new “Bred Affinity MasterCard” offers discounts at participating retailers, emergency calls for home repair services or
domestic accidents, guarantees for purchases and home shopping, and one or two year extension of guarantees granted by manufacturers. Cardholders receive automatic discounts at Sephora.com, Fnac.com, 24h00.fr, SmartBox.fr and Viapresse.com. The card is available as a “Classic” or “Gold” card. BRED Banque Populaire aims to issue more than 20,000 “Classic” cards and 5,000 “Gold” cards next year. There are currently 33 million affinity and co-branded cards circulating in Europe.

BidPay E-Classifieds Deploy TrustPlus

5, Country, Priority, UNITED STATESBy Robert McKinley 12/11/2007

MA-based TrustPlus announced a strategic partnership with BidPay.com to offer customers the convenience of using credit cards through the BidPay payment platform for online classifieds transactions. In coordination with TrustPlus’ reputation service, BidPay’s payment platform helps buyers make purchases using their credit cards without revealing the card’s information to sellers. By joining these services, online buyers will be able to access a seller’s reputation and make their purchase with a debit or credit card in one simple step without compromise to privacy or security. BidPay is a leading online payment service and a wholly owned subsidiary of CyberSource.

HYPERNET

5, Country, CZECH REPUBLIC, PriorityBy Robert McKinley 12/11/2007

The Hypercom Corporation and Sonet have jointly launched an electronic
payments network throughout the Czech Republic, currently being used
by 3 merchant acquirers. The Sonet payments network, “HyperNET”,
operates on Hypercom’s Network Access Controllers (NACs) for faster
card processing with the Hypercom “fast dial”, “IP”, “GSM/GPRS” and
“BlueTooth” terminals. The deployment of this solution with the 3,
aforementioned acquirers enables cross-bank transactions in 183 towns and
venues for 2.5 million customers on a monthly basis. With this recent
expansion, however, the partnership is projecting that “HyperNET” will
serve
a monthly average of 7 million bank customers across 265 towns and venues
before the year 2009. Sonet EMV regional provider supports nearly 10
banks and financial organizations in three countries while the Hypercom
Corporation provides high security, end-to-end electronic payment products
for organizations in over 100 countries.

TNB Card Acquires Five CU Portfolios

5, Country, Priority, UNITED STATESBy Robert McKinley 12/11/2007

TNB Card Services has acquired the portfolios of Grafton Suburban CU of Massachusetts, Independent FCU of Indiana, Western Cooperative CUof North Dakota, County Schools FCU of California, and Eastern Maine Medical Center FCU of Maine. This series of purchases moved more than $8.4 million in outstanding balances and nearly 8,800 card accounts under TNB’s ownership. Grafton Suburban CU has 12,000 members and assets of $102 million. Independent FCU has 16,000 members and $77 million in assets. Western Cooperative CU has 19,000 members and assets of $135 million. County Schools FCU has 7,500 members and assets of $40 million. Eastern Maine Medical Center FCU has 6,000 members and $34 million in assets.

MOODY’S & SHINHAN CARD

5, CHINA, Country, PriorityBy Robert McKinley 12/11/2007

Moody’s Investor Services has assigned its Aaa rating to Shinhan
Card’s floating rate secured notes. The Aaa rating addresses only
credit risk transactions, is a reflection of opinion, is subject to further
revision, suspension or withdrawal. Factors considering in reaching
this decision include Shinhan Card’s credit quality of card receivables,
seller interest, reserve arising in the event of servicer transfer, cross-
currency provided, interest rate swap provided, structural features,
legal protections provided and experience. The rating assigned to
Shinhan Card consists of USD300 million and is due by 2012.

Archway Earns VISA Approved Prepaid Vendor

5, Country, Priority, UNITED STATESBy Robert McKinley 12/11/2007

Gift and pre-paid card supplier Archway Marketing Services has gained VISA approval for distribution and fulfillment of VISA secure cards in US and Canada. Archway is now one of a number of organizations that is approved to handle secured cards for all four major financial network companies. The approval is the culmination of a two-year commitment by Archway to its gift card and financial services clients to support their growth. Archway’s has upgraded its infrastructure, facilities and systems and the ability to handle all major financial network secure cards.

WINCOR NIXDORF

5, Country, GERMANY, PriorityBy Robert McKinley 12/11/2007

Wincor Nixdorf has deployed its 10,000th “bulk check ATM”, which
was assembled in Germany and will be serving customers in California.
This “bulk check ATM” is operated by Wells Fargo Bank, one of the
1,000+ the bank currently operates, allows its users to deposit up to 50
notes at once and requires no deposit envelope. Moreover, this ATM
utilizes an Intelligent deposit system that shortens cash cycles with image
processing technology for validation, reduces the institutions’ cash
logistic
overhead and improves customer wait-time. Transactions are processed
and sorted, regardless of the order of notes, within an average of less
than
1 minute. Wincor Nixdorf supplies IT solutions, POS systems and ATMs
in 90 countries around the world, employs over 8,300 and had net sales of
over $3 billion in 2007.

Costco Offers Surcharge-Free CO-OP ATMs

5, Country, Priority, UNITED STATESBy Robert McKinley 12/11/2007

CO-OP Financial Services credit union cardholders now have surcharge-free ATM access at 341 Costco Wholesale membership warehouses. Cardtronics, which manages Costco’s ATM portfolio, provides CO-OP Network with ATM access at virtually all locations outside Washington, Oregon and Hawaii, where pre-existing agreements were already in place.

NOKIA & INSIDE

5, Country, FRANCE, PriorityBy Robert McKinley 12/11/2007

Nokia Growth Partners are reportedly leading the latest round of
investment toward INSIDE Contactless for a total amount of $38 million.
Investment partners for this expansion include Sofinnova Partners, Vertex
Management, Vertex Ventures, Siparex, GIMV, EuroUS Venture,
Granite Global Ventures and Visa Ventures. With these investment funds,
INSIDE hopes to accelerate its international presence and broaden its
product portfolio following a successful 2007 fiscal year. During the 2007
fiscal year, INSIDE launched its MicroRead NFC platform and deployed
35 million MicroPass intelligent payment platforms, both company
milestones. INSIDE Contactless develops and implements NFC solutions,
supporting cards issued from over 20 banks around the world, with its over
55 granted patents while Nokia Growth Partners work closely with the
companies in which they invest.

MasterCard PayPass Tops 20 Million Devices

5, Country, Priority, UNITED STATESBy Robert McKinley 12/11/2007

MasterCard’s “PayPass” has reached a new high with the issuance of 20 million contactless cards and phone/fob devices worldwide along with the expansion to more than 80,000 merchants in 20 countries. A recent “Global Cash Usage Survey” found that 56% of consumers believe that one day the world will be a cashless society. The study, by KRC Research and commissioned by MasterCard, also found that 49% are likely to use a contactless card if provided by their financial institution and 47% of those likely to use a contactless card cite convenience as the greatest benefit of the new technology. MasterCard reports it has “PayPass” roll-outs and trials in the Australia, Canada, China, France, Indonesia, Italy, Japan, Korea, Lebanon, Malaysia, Mexico, the Philippines, Spain, Switzerland, Taiwan, Thailand, Turkey, the United Arab Emirates, the U.K. and the U.S.

CSAIR PHONE PAY

5, CHINA, Country, PriorityBy Robert McKinley 12/11/2007

China Southern Airlines has deployed a telephone payment system
allowing its customers to purchase airline tickets over the phone. This
new solution provides a hotline that allows the user to make flight
reservations using a credit/debt card from ICBC, CCB and CMBC
financial institutions. The Airline says that the phone payment system
will soon accept payment from additional banks and organizations.

Fifth Third Inks 4 Restaurant Contracts

5, Country, Priority, UNITED STATESBy Robert McKinley 12/11/2007

Fifth Third Processing Solutions has signed new contracts with Bojangles, Shoney’s, Yoshinoya and Logan’s Roadhouse for processing services. Bojangles’ Restaurant operates more than 390 restaurants in 11 states. Shoney’s owns, operates and franchises 274 restaurants in 18 states. Yoshinoya has 85 locations throughout California, New York and Las Vegas and Logan’s Roadhouse currently owns 162 company-operated and 26 franchised Logan’s Roadhouse restaurants in 23 states. Fifth Third Processing Solutions processes over 21 billion ATM and POS transactions per year for more than 2,400 financial institutions and over 154,692 retail locations worldwide.

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