JUNE LEI

The Conference Board Leading Economic Index (LEI) for the Euro Area
increased for the third month in a row by 1.5% while The Conference
Board Coincident Economic Index (CEI) decreased 0.2% in June. With the
June increase, The Conference Board LEI for the Euro Area now stands at
95.9 (2004 = 100), which increased 1.7% in May and increased 1.6% in
April, while the CEI now stands at 101.3 (2004 = 100), which decreased
0.3% in both May and April. The Conference Board LEI for the Euro Area
aggregates eight economic indicators that measure activity in the Euro
Area as a whole. Aggregating individual indicators into a composite
index filters out “noise” to show underlying trends more clearly.

Home Depot to Accept MasterCard PayPass

Home improvement retailer The Home Depot is now accepting MaterCard
“PayPass”.
PayPass will be a new payment option at Home Depot’s 1,974 retail
locations across the United States.
As of Q1 2009, over 55 million PayPass-enabled cards or devices had been
issued, more than doubling the number of cards and devices in
circulation around the world in one year. In addition, according to
MasterCard research, 41% of consumers say they use cash less
often today than they did two years ago. Of the consumers who have a
PayPass-enabled card or device, 77% say they use it as their
primary form of payment. In fiscal 2008, The Home Depot had sales of
$71.3 billion.

Citi’s ThankYou Network Intros a Promotion

Citi’s loyalty program “ThankYou Network” marks its fifth year by offering members five promotions to earn 5 times more points.
“ThankYou” members have opportunities to earn 5x ThankYou Points which include:
“Deal of the Week” that offers members a 40 to 50% discount on a selected reward each week; the
Bonus Center that offers 5x ThankYou Points when shopping
at select merchants in the ThankYou Bonus Center, with over 400 retailers at
thankyou.com; Citibank Promotion which gives ThankYou Members with a Citibank checking
account 500 Bonus Points for setting up their username and password on
thankyou.com or by calling 1-800-THANKYOU; Travel Promotion from Expedia and weekly discounted reward specials.

GUESTLOGIX ON-TOUCH

Toronto-based GuestLogix has signed a deal with Toronto Airport Express to enable the sale of ground transfer vouchers through its “OnTouch Ground Connections” service. “OnTouch Ground Connections” provides service at the top 50 airports. It is powered by the GuestLogix “Mobile Virtual Store” onboard transaction platform which accepts payment via credit and debit cards, and any currency. Transactions are performed in-flight using handheld POS devices which print ticket vouchers. Operated by Pacific Western Transportation, one of
Canada’s largest privately-owned people transportation companies,
Toronto Airport Express is the largest provider of bus services between
Pearson Airport and Downtown Toronto.

BARCLAYCARD-UNWIND

Barclaycard has launched its “Barclaycard Unwind”
website, offering registered Barclaycard
customers access to reserved tickets, one-off exclusive gigs, VIP
treatment and competitions to win tickets and music collateral. Thanks
to supporting sponsorship with Live Nation, Mercury Prize and Global
Radio, the “Barclaycard Unwind” website forms part of Barclaycard’s move
into music sponsorship, promoted to customers on barclaycard.co.uk,
through customer emails, statement inserts and an online advertising
campaign. Registering on the site allows customer access to exclusive
sessions through Mercury and Global Radio and exclusive ticket reserves
for Kasabian, Pet Shop Boys, Biffy Clyro, Bowling For Soup and Depeche Mode.

TSYS Signs Consumer Health Technologies

Consumer Health Technologies and TSYS Healthcare have partnered to offer streamlined payment solutions to enable
more convenient and cost effective healthcare purchases. TSYS Healthcare’s payment card solution offers end-to-end
functionality with greater automation, refined reporting and smoother reconciliation
capabilities, resulting in minimal error rates. The TSYS Healthcare
system will be integrated into CHT’s “BenefitSpan”, a total benefit administration and service aggregation
platform for healthcare administrators and financial institutions for managing HRA, FSA and HSA accounts.

Metavante’s Q2 Net Income Jumps by 41%

Metavante Technologies reports that second quarter revenue rose 4% to
$440.3 million. Net income for the quarter jumped 41% to $51.9 million.
Financial Solutions Group revenue was $177.4 million, an increase of 8%
from 2Q/08, driven by higher core processing and eBanking revenue. The
Payment Solutions Group 2Q/09 revenue was $262.8 million, an increase of
1% over the year ago quarter. The company now expects organic revenue
growth at the lower end of its previous guidance range of 3% to 4%.
During the quarter Fidelity National Information Services completed a
deal to acquire Metavante Technologies for $2.94 billion.
Also, Metavante made the first live implementation of the MasterCard
“rePower” POS prepaid card reload service; Link2Gov announced the
availability of businesstaxpayment.com”, its new consolidated business
tax payment site; and released “Account Open” technology to enable
Consumer eBanking clients’ banking customers to activate new deposit
accounts in real-time. For complete details on Metavante’s second
quarter performance visit CardData (www.carddata.com). (CF Library
4/1/09; 4/24/09; 6/18/09)

NCR 2Q/09

NCR reported that second quarter net income fell nearly 49% to $23 million as revenue slipped about 16% to $1.12 billion, compared to 2Q/08. Negative factors affecting revenue included foreign currency translation and lower financial product sales in the EMEA region. Revenue for the Americas was off by 13%, Asia Pacific and Japan was down 2% and EMEA declined by 25%. During the second quarter, NCR embarked on a plan to create a new global self-service innovation headquarters and a separate state-of-the-art, clean-energy based manufacturing facility for the company’s next generation of NCR “SelfServ” ATM solutions in Columbus, GA. In Brazil, NCR is committed to creating a new manufacturing and research and development center which will produce advanced ATM’s for Brazil, Latin America and Caribbean markets. In April, NCR purchased TNR Holdings, the second largest DVD kiosk operator in North America, with the goal of expanding the NCR “SelfServ Entertainment” portfolio across the continent as part of its strategic partnership with Blockbuster. NCR also invested in e-Play. For more details on NCR’s second quarter performance visit CardData (www.carddata.com).

NCR REVENUE HISTORICAL
2Q/08: $1.33 billion
3Q/08: $1.38 billion
4Q/08: $1.42 billion
1Q/09: $1.01 billion
2Q/09: $1.12 billion
Source: CardData (www.carddata.com)

EZIO OPTICAL TAN

PayPal is opening its payment platform to third-party developers with the release of new “Application Programming Interfaces.” PayPal’s current payments network integrates 27 financial networks, 15,000 local banks, 190 global markets and supports 19 currencies.Several developers have integrated PayPal’s new APIs as part of a beta program. Some of these companies include Twitpay, a Twitter-based payment service; LiveOps, with its new on-demand workforce service called LiveWork; and Microsoft’s “Windows Azure” platform, a cloud development environment.
To promote the new APIs, PayPal is holding a “Developer Conference” on November 3rd. During the second quarter PayPal’s net total payment volume was $16.7 billion and global active registered accounts increased to 75.4 million. During the second quarter, PayPal handled 259.6 million payments.

CCAA Collections Up 39.5% at Mid-Year

The Commercial Collection Agency Association collected almost $17 billion. This represents a percentage increase of about 39.5% over the twelve months ending June 2008. In the second quarter of 2009, approximately $4.6 billion in account placement was received by CCAA members. The group says the increased account placement is reflective of the tight availability of credit and a slowdown in sales which has caused a cash-flow crunch for small and medium size businesses. The CCAA is an association of commercial collection agencies that have been CERTIFIED by the Commercial Law League of America.

M&B AND CASHBOX

Cashbox has been awarded the contract to manage 260 ATM sites at the
Mitchells & Butlers’ managed pubs locations, in addition to more
than 240 sites the ATM supplier already manages. The new sites are ATM
ready and will transfer management in the coming weeks. Cashbox
initially started working with M&B following the acquisition of 141
machines on July 7th 2008 and reported an installed base of transacting
machines of 2,838 on December 30, 2008, up from 2,045 on June 30, 2008,
with sufficient ATM stock in warehouse to meet installation requirements
for the remainder of the financial year. (CardFlash International
Library 2/2/09)

U.K. Drives Global Payments’ Q2 Revenue Up 17%

Atlanta-based Global Payments posted a 17% gain in second calendar
quarter revenue to $402 million. The growth was driven by new business
in the U.K., 16% transaction growth in the U.S., and pricing initiatives
in Canada. On a constant currency basis, revenue grew 27%.
However, net income fell 6% year-on-year to $37.6 million for the
quarter ending May 31st. Revenue for North America Merchant Services
rose 3% to $275.0 million for 2Q/09. International Merchant Services for
the quarter nearly tripled to $92.9 million. Second quarter revenue for
the Money Transfer business declined about 15% to $34.1 million. GPN
says that based on current macroeconomic environment, and reflecting its
recent acquisitions, the Company expects fiscal 2010 annual revenue of
$1.69 billion to $1.74 billion. In June, GPN acquired the remaining 49%
interest in its merchant services joint venture in the U.K. from HSBC
Bank. For complete details on Global Payments’ latest results, visit
CardData (www.carddata.com). (CF Library 6/15/09)