AMEX INTL 2Q/08

London-based UpCode has teamed with Finland’s “Halpa Halli Visa” to introduce the 2d barcode on a card. This is the first of its kind that gives users mobile loyalty via Internet enabled mobile phone utilizing the “UpCode Reader” and the “UpCode” on the Visa card. Halpa Halli shoppers are now enabled with the cards in real time with store information and incentives that are being offered by scanning the “UpCode” on cards. “UpCode” includes an optical reader that uses mobile phones/devices to add any electronic information or system to printed products and to electronic information on screens. With the application it is possible to integrate all businesses and all forms of eCommerce, with print and screen media. The code (2D data matrix, QR-code, 1D barcode or color code) or other type of tag (picture, OCR) gives mobile phone users multiple access and interaction.

M-PAYMENTS FORECAST

New research is projecting that globally more than two billion consumers will be paying by the mobile phone by 2013. It is also projected that Western Europe and Far East & China will account for over 50% of the total digital goods gross transaction market value by 2013.
The report by Juniper Research also projects that today’s teenagers will be the drivers of mobile payments. Typical transaction sizes will
remain in the $3-$5 bracket, but a sufficient number of users will be using their mobiles to buy music, games, tickets, infotainment and the other digital goods sufficiently often to see gross transaction value grow nearly seven fold by 2013.

Global Pay-by-Mobile to Hit 2B by 2013

New research is projecting that globally more than two billion
consumers will be paying by the mobile phone by 2013. It is also
projected that Western Europe and Far East & China will account for over
50% of the total digital goods gross transaction market value by 2013.
The report by Juniper Research also projects that today’s teenagers will
be the drivers of mobile payments. Typical transaction sizes will
remain in the $3-$5 bracket, but a sufficient number of users will be
using their mobiles to buy music, games, tickets, infotainment and the
other digital goods sufficiently often to see gross transaction value
grow nearly seven fold by 2013.

A/P SMART CARDS

Given the region’s massive technological advancement in recent years,
Research and Markets has announced the addition of “Strategic Assessment
Of The Asia Pacific Smart Card Markets” to their offering. The new
report discloses product quality and innovation is displacing pricing as
the primary business factor while market participants are making
significant headway toward smart cards’ increasing convergence of
applications and integration for product advancement. Research also
demonstrates contactless cards and mobile phones for transactions will
become increasingly evident in 2008 across Singapore, Taiwan, and Japan
with NFC phones, contactless subscriber identity modules (SIM) and radio
frequency-based SIM.

SMART CARD STUDY

Analysis from Frost & Sullivan’s “Strategic Assessment Of The Asia
Pacific Smart Card Markets Outlook” concludes converging applications
and integration technologies in Asia Pacific are allotting smart card
platforms diverse technologies. Moreover, acceptance of new technology
in the early stages is quite encouraging for smart card participants
while system integrators focus on coordination in order to
increase industry revenues. Furthermore, most of the countries
throughout the region do not have legacy systems, making it easy for the
market to quickly implement these contactless/next-generation converged
applications. Converged technology has provided Japanese end users, for
example, more than 100 types of mobile wallet phones while the
deployment of biometric readers in ATMs is fast-growing in Japan,
Taiwan, and South Korea.

SMART CARDS

Frost & Sullivan analysis entitled “Strategic Assessment Of The Asia
Pacific Smart Card Markets Outlook” has concluded the Asia Pacific
region is starting to accept new smart card technology. This
demonstrates system integrators are realizing the need for proper
planning/coordination to generate revenue while smart card companies are
looking to establish advantages in countries with untapped potential.
Fast development and implementation of the contactless applications is
credited to most of the countries in the region not having legacy
systems, subsequently leading, however, to issues of standardization and
interoperability across the market. These issues include delays in
project execution. Frost & Sullivan partners with clients to accelerate
their growth through its more than 30 offices across the globe.

PSCU and CheckFree Launch a Green Initiative

FL-based based PSCU Financial Services has partnered with WI-based Fiserv “CheckFree” to encourage consumers to utilize online billing options for the reduction of paper consumption. In doing so, the 18 credit union partnership organizations hope to enlighten consumers as to how these practices benefit the environment. Affirming such sentiment, research shows if all U.S. households participated in the practice of using online bill payment and e-bills, as oppose to the practice of patronizing traditional paper statements, it could save 16.5 million trees annually. PSCU Financial Services credit union service organization (CUSO) serves over 1,100 financial institutions nationwide, is owned by more than 500 member credit unions, represents over 11 million cardholder accounts and more than 580,000 online bill payment subscribers while Fiserv provides information management and electronic commerce systems to organizations in the financial and insurance industries.

MONTISE EXEC

Montise mobile banking and payment technology has appointed Ron
Drakeas as the VP of Business Development, bringing with him over
20 years’ experience in financial services. In his newly-appointed role,
Ron will oversee the development of the Company’s SEPA strategy
and lead electronic payment provider relationships. Drakeas’ 13-year
career as Managing Director of eFunds International, succeeding
managing director positions with Cincom Systems Ltd and Platinum
Financials respectively, has afforded the new VP well-established relations with
European retail banks and processors. Montise services span UK and
US territories with its “MONILINK” and Monitise networks in
partnership with VocaLink and Metavante Corporation, providing
secure mobile banking & payment services.

PSCU Names a New Chief Debit Officer

PSCU Financial Services has hired Tom Gandre, previously SVP at First Data, to serve as Chief Debit Officer. Gandre was First Data Corporation’s Senior Vice President of Product Development and Management, responsible for new development product management for the Debit Services division. This division encompasses PIN and signature debit products, prepaid products, fraud and risk solutions, ATM products and the STAR Network. Gandre oversees the organization’s debit services unit, which continues to report strong year-over-year growth in transactions, ATM placements and the participation of new credit unions. PSCU Financial Services’ debit group currently services over 200 credit unions, 700 ATMs, and processes more than 7 million accounts that generate over 500 million transactions annually.

PSCU Financial Services Joins PCI Council

PSCU Financial Services has joined the PCI Security Standards Council as a participating organization. As a participating organization, the cooperative will work with the Council to evolve the PCI Data Security Standard (DSS) and other payment card data protection standards. The PCI DSS, endorsed by American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa Inc., requires merchants and service providers that store, process or transmit customer payment card data to adhere to information security controls and processes that ensure data integrity. PSCU Financial Services is the nation’s largest credit union service organization and serves more than 1,100 financial institutions nationwide.

AT&T Powers PSCU Financial Services

AT&T announced a contract with PSCU Financial Services to provide communications equipment and services to enhance the reach and reliability of the CUSO’s network services. The new contract with AT&T establishes an Ethernet private line between PSCU’s St. Petersburg headquarters and the company’s Phoenix-area data center. This communications link facilitates data replication for business-critical information between St. Petersburg and Phoenix. The instantaneous mirroring of data across the network further establishes needed redundancy to secure company information and maintain active lines of communication. PSCU Financial Services serves more than 1,100 financial institutions nationwide and is owned by more than 500 member credit unions representing over 11 million cardholder accounts and more than 500,000 online bill payment subscribers

TICKET TEXT

Ticket Text mobile technology will be selling admission for Fulham
Football Club’s home games the 2007/08 season through its website
for mobile phone SMS distribution. With the company’s “mobile ticketing”,
customers receive the Fulham ticket in the form of a text message which is
then scanned at the ticket gate for event admittance. Ticket Text is based
in Ireland with a dynamic approach to ticketing and provides customers
with tickets for concerts, sport, theaters, galleries and exhibitions
throughout
Europe. Fulham FC was founded in 1879 and is the oldest professional
football team in London.