TSYS Executive to Speak at Prepaid Expo

The TSYS Loyalty & Prepaid president is set to speak at the Prepaid Expo March 6-9 in FL. The Company will address results of a comprehensive online survey commissioned by TSYS and conducted by online research firm Decision Tree Labs. The survey reveals how consumers feel about the use of prepaid cards as incentive rewards and rebates, preferences on closed- and open-loop cards, and the types of consumer behaviors that can be influenced by these popular payment tools. The Prepaid Expo will feature a program highlighting solutions to achieve profitability and increase distribution in the changing prepaid industry.

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Worldwide POS Market Grew 6.9% in 2010

The worldwide PC-Based POS market grew 6.9% in 2010. Shipments grew in all four major worldwide regions with double-digit growth in the Asia/Pacific region driven by new shipments in China, India, Korea, and Indonesia. This, according to IHL Group research, also shows the shipshare of POS units with embedded operating systems from Microsoft increased to 34.1% worldwide; overall, 87.4% of POS Terminals shipped were on DOS or Microsoft Windows platforms; and the shipshare of Linux terminals dropped from 10.1% in 2009 to 8.4% in 2010 worldwide but remains a popular choice in China, Russia, and several other countries around the world.

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Datacard Desktop Card Printer Focuses on Schools

Datacard Group secure ID and card personalization solutions has made available its “Datacard SD360” two-sided card printer to help primary and secondary schools improve ID card issuance programs. It offers faster print speeds and a user-friendly interface designed to help schools streamline their day-to-day operations and create safer environments. Exclusive features include Datacard “TruePick” anti-jam card handling for reliable operation as well as “TrueMatch” color matching for bright colors and bleed-free bar codes and text. The “SD360” printer is ENERGY STAR certified and sets new standards for environmentally conscious desktop printing by utilizing biodegradable ribbon supply cores and recyclable packaging.

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Many BC Residents Staying Home Over Break

Only 27% of British Columbia residents have redeemed their credit card travel rewards points during the past year. With 75% of B.C. credit cardholders planning on staying close to home this upcoming spring break will likely be a time of relaxation. Also, 37% say they want to relax at home, but 18% are looking forward to spending their time with family and friends. This, according to the TD First Class Travel Visa Infinite Card Survey, also shows among top frustrations show 30% lost or experienced delayed luggage while 61% generally create a budget for their spring break travels, however, only 8% say their budgets are detailed and itemized.

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Vindicia Deploys Digital Marketing Solution

Vindicia SaaS billing solutions has made available its “CashBox StoreFront” to streamline how digital merchants define new products, create promotions and special offers and manage virtual catalogs. From subscriptions to microtransactions with virtual currency support to one-time offers, the “CashBox StoreFront” markets to a global audience immediately. The combination of Vindicia “CashBox” and “CashBox StoreFront” provides digital merchants with a competitive edge in managing the full customer acquisition, management, billing and retention cycle. It allows for Catalog Management; Customer Self-Service; and Customer Support.

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Gemalto Launches Consumer Advisory Site

Website JustAskGemalto.com launched a new version for Brazilian consumers, JustAskGemalto.com.br, giving people expert advice as they buy, surf, communicate and travel. It offers educational information on how to better enjoy the conveniences of the digital world and take actions to safeguard their identity and personal and financial information. The website’s Q&A formatted content is organized along six themes: Buying, Surfing, Traveling, Communicating, Working and Personal Data. Written in a plain manner that’s easy to understand, it introduces terms people need to know, explains the benefits as well as risks and offers advice on how to protect oneself. JustAskGemalto.com.br also introduced a Facebook fan page (JustAskGemalto Brasil) and a Twitter page (@JAG_Brasil), to stay further connected with Brazilian consumers as they embrace digital and social media more than ever before.

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Small Business Confidence Steady, Ebbs Slightly

The February Discover Small Business Watch index dipped slightly from 91.0 in January to 90.2, keeping confidence flat this month thanks to increasing cash flow issues. In fact, 50% of small business owners reported temporary cash flow issues within the last 90 days, up a full 7 points from the prior month. On the bright side, 46% of small business owners reported no temporary cash flow issues, down 3 points from the prior month, while 34% said economic conditions in the country are improving, up 3% points from 31 percent in January. Naysayers still accounted for 41%, saying conditions are getting worse, which is unchanged from January, while 20% said conditions are the same, down from 24%. Additional findings show 33% feel conditions are getting better, up from 31% in January; 40% say things are getting worse, up from 38% in January; those who say conditions are the same dropped to 25% from 26% in January; 56% rate the current economy as poor, down from 57% in January; 32% rate it fair, down from 34%; 7% rate it good, unchanged; and 3% say the economy is excellent, up from 2%.

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TNS Posts 4Q/10 Revenues Down 1.7% Y/Y, Up $2mm Q/Q

TNS total 4Q/10 revenue for was down 1.7% to $135.1 million from the year ago figure of $137.5 million. Adjusted earnings decreased 21.1% to $14.5 million, compared to adjusted earnings of $18.4 million in 4Q/09. Revenues from the Telecommunication Services Division decreased 3.0% to $66.3 million from 4Q/09 revenue of $68.4 million, thanks in part to acquisition of Cequint having contributed revenues of $2.3 million. However, revenue from the identity and verification services decreased 9.5%, or $2.9 million; revenue from network services decreased 3.2%, or $0.9 million; and revenue from registry services decreased 10.5%, or $0.8 million, due to a decrease of $1.1 million in TNS’ service order administration business which was partially offset by an increase of $0.3 million from IP registry services. TNS acquired Cequint on October 1, 2010 and has included their results in the Telecommunication Services Division from the dates of acquisition.

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PAX Appoints President and CEO of U.S. Operations

Andy Chau has been appointed President and CEO with PAX innovative electronic payment terminal products for its United States operations. He will direct and drive business activities in the United States for PAX POS solution providers. Bringing with him over 15 years of industry experience, Chau most recently co-founded and served as the CTO for SoundPOS which was acquired by a private investment firm in 2010 after having served as VP, technology at Hypercom. He holds a Master’s Degree in Information Technology from Harvard University, a Master’s Degree in Electrical Engineering from the University of Wisconsin at Madison and a Bachelor’s Degree in Computer Science from the State University of New York at Buffalo.

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Fiserv Acquires M-Com to Enhance mBanking and Payments

Fiserv has acquired Mobile Commerce (M-Com) nternational mobile banking and payments provider to enhance its existing mobile channel capabilities under undisclosed terms. This after having been partners since 2008 and jointly developing the “Mobile Money” from Fiserv to hundreds of financial institutions. GA-based M-Com was founded in 2000 and will accelerate the development of innovative solutions for clients currently shared with Fiserv. Fiserv will have the ability to integrate M-Com mobile banking and payment technology into current product offerings, as well as leverage that technology for transformative new solutions. Current M-Com clients will benefit from Fiserv’s digital banking and payments expertise, deep resources and ongoing investments in mobile financial services.

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Bangor Savings Bank Deploys Datacard Software

Bangor Savings Bank has implemented the Datacard “CardWizard” secure ID and card personalization solutions software for instant-issue MasterCard debit cards. This lets new bank customers become cardholders within hours after leaving the branch with their new debit card. Bangor Savings Bank is working with Datacard Group on a three-phase implementation that will consist of rolling out the “CardWizard” software to all 55 of its branch locations throughout Maine by mid-year 2011. Providing the personalized MasterCard debit cards in a matter of minutes to its customers, Bangor Savings Bank is utilizing the Datacard “FCP 20/20” card printer for brilliant, high-definition, full-color retransfer printing, approved by both Mastercard and Visa.

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