EmbroidMe Launches Personalized eCards

EmbroidMe offers a large variety of personalized gifts which will continue to cultivate goodwill long after the holiday season is over. This facilitates selecting items that are in line with the corporate culture and budget from an assortment of more than 800,000 promotional products. EmbroidMe also carries greeting cards that can be personalized with the company name and logo to get the right message across. Some popular gift choices for clients include personalized desk sets, gift baskets, calendars, mugs filled with goodies, picture frames, sports blankets and personalized apparel.

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ONTOUCH CONCIERGE

GuestLogix onboard store technology to airlines has introduced its “OnTouch Concierge,” integrating smartphone usage with onboard retailing. The mobile application enables airlines to provide their customers with access to their Branded Onboard Stores through their smartphones, offering airlines an additional revenue stream. GuestLogix’ onboard store technology and merchandising platform provides passengers with the ability to purchase onboard travel-relevant, destination based products and services that can be consumed in-flight or fulfilled elsewhere to enhance any itinerary. Before flying, travellers are provided the option of loading currency into their application by accessing an internet payment service, obtaining a credit card pre-authorization, using their financial institution, and/or visiting an airport currency exchange operator. Products and services made available for purchase on the chosen airline’s Branded Onboard Store can include transportation to and from the airport; local entertainment and attractions; catalogue sales with convenient delivery; inexpensive communication options to stay connected; other destination offerings; and, of course, items consumed or used onboard such as meals, snacks, beverages, in-flight entertainment, and comfort items.

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AmEx Pushes For Small Business Support

American Express has introduced its “Small Business Saturday” national movement concept to support the nearly 28 million small businesses in the United States that create jobs, created 65% of net new jobs over the past 20 year, and boost the economy and preserve neighborhoods around the country. To drive shoppers to local merchants across the U.S., which return $68 to the community through taxes, payroll and other expenditures for every $100 spent at their independent stores, the American Express OPEN small business unit has declared the Saturday after Thanksgiving the designated “Small Business Saturday.” Composed of an initial group of more than a dozen advocacy, public and private organizations, national “Small Business Saturday” membership includes The 3/50 Project; Business Matchmaking; Chicago Convention & Tourism Bureau; Count Me In for Women’s Economic Independence; Destination DC; eWomenNetwork; Facebook; Girls Inc.; Greater Boston Convention and Visitors Bureau; LA INC.; The Los Angeles Convention and Visitors Bureau; National Trust for Historic Preservation’s Main Street Center; National Association of Women Business Owners; New York City Department of Small Business Services; NYC & Company; San Francisco Convention & Visitors Bureau; SCORE: Counselors to Americas Small Businesses; Women’s Leadership Exchange; Women Impacting Public Policy; Women President’s Organization; and Yelp!.

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J.P. Morgan Cuts ACH Payment Cost

J.P. Morgan has expanded its foreign exchange solution to help corporate clients make more simple cross-currency ACH payments. Instead of initiating payments from multiple in-country bank accounts and paying numerous wire fees, clients now can use a single account to perform foreign exchange conversion and execute ACH transactions in 19 currencies, in 40 countries, and will include additional currencies in the near future. This is ideal for businesses with large volumes of non-urgent ACH payments that want to eliminate the administrative and financial complexity of managing and reconciling multiple foreign accounts. Whether making a single payment to a vendor in another country or paying employees around the world in multiple currencies, this helps companies efficiently process international payments.

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OTI to Present at Investor Summit

On Track Innovations contactless microprocessor-based smart card solutions, for homeland security, payments, petroleum payments and other applications, will present at Merriman Capital’s 7th annual Investor Summit on November 16 at 1:30pm in New York City. A presentation regarding OTI’s market positioning, financial performance and strategic direction will be provided.
It’s solutions include “SmartID” end-to-end in house solution for national ID cards, e-passports, driver’s license, voter ID and more; “MediSmart” Electronic Health Record (EHR) to a portable medium; and “Payments” supporting MasterCard, Visa contactless payment programs.

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Cardtronics Posts 3Q/10 Revenue Up 6% Y/Y

Cardtronics non-bank owner of ATM has posted 3Q/10 revenues of $136.6 million . The 3Q/10 revenue reflected a 6% increase from the year ago period revenue of $128.6 million and is up from the $132.9 million last quarter. Meanwhile, adjusted EBITDA was $34.9 million, up 8% from the year ago period; GAAP net income was $17.4 million, compared to the year ago figure of $6.4 million; and the Company’s managed services business added 882 ATMs. This is thanks in large part to total transactions having increased over 8%; total transactions per ATM having increased by 7%; and ATM operating gross profit per ATM having increased 7%. These results were subsequent to such developments as a new bank branding agreement with Scotiabank, to which Cardtronics will provide over 200 surcharge-free ATM access throughout Puerto Rico; having extended its Allpoint Network by more than 5,000 locations, to over 40,000 ATMs, into Australia through a partnership with Customers Limited; and having completed a series of financing transactions with the execution of a new $175.0 million bank credit facility and the redemption of $200.0 million, 9.25% senior subordinated notes.

CARDTRONICS REVENUE
2Q/08: $127.0 million
3Q/08: $127.2 million
4Q/08: $118.2 million
1Q/09: $115.3 million
2Q/09: $124.6 million
3Q/09: $128.6 million
4Q/09: $124.8 million
1Q/10: $127.8 million
2Q/10: $132.9 million
3Q/10: $136.6 million
Source: CardData
(www.carddata.com)

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O’Brien Featured in Latest AmEx Ad

American Express announced the launch of its latest :60 television spot titled “Curtain” featuring Conan O’Brien, marking the first time in nearly three years the Company has partnered with an entertainment personality for its advertising. “Curtain” takes viewers into the depths of India with Conan as he meticulously prepares for an upcoming performance. He is in pursuit of the world’s finest silk, and transforms raw thread into a long panel of fabric that he then personally dyes a regal red. The spot then flashes-forward and reveals Conan admiring with great pride a stage curtain – obviously one that he took pain-staking measures to craft to meet his standards. The Spot in conjunction with the launch of O’Brien’s new late-night TBS show “Conan” and stresses the importance of “every detail.”

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3i Infotech Expands Through Business Units

3i Infotech global information technology and transaction services is expanding its service offerings through its Business Process Outsourcing (BPO) and Global Information Technology Services (GITS) business units. Through these units the Company will deliver its advanced technology solutions, deep domain expertise and associated best practices in banking, financial services, insurance, government, manufacturing, retail, telecom, education, healthcare and utilities. The BPO group offers end-to-end outsourcing, software, services and solutions, with a particular expertise in the complete revenue chain lifecycle, including billing and remittance processing, document management, electronic transaction services, data and information management and more. 3i Infotech provides technology solutions to over 1,500 customers in more than 50 countries across five continents.

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PayProNews Releases Processor Analysis

PayProNews a vendor-independent new analysis and research company announces analysis of 25 payment processor companies in 45 different categories. Processor categories include UI-User Interface, Live Chat, Toll Free, Email, BBB-Better Business Bureau, Partner Program, Partners Shown, 7×24 Support, Negative Comments, Testimonials on website, Contract Duration, Cancellation Fee, Seasonal Stop, SERVICES: Retail, Internet, Mobile, ATM, Cashless ATM, Wireless, High Risk/International, POS Hardware, Quickbooks, Payroll, Gift/Loyalty, Recurring, Email, Invoicing, MOTO-mail order – telephone order, Terminal, Microloans, API-Applications, Programming Interface, Twitter/Facebook/LinkedIn, Member PCI Standards Org, Webseminars, Training, Newsletter, Channel Partner Certification, Videos, Blog, WhitePapers, Articles, Case Studies, Consulting, Channel Partner Website Marcom, Glossary, PCI Scanning, Special Notes. The 25 Payment Processor Companies in the PayProViews analysis include Braintree, Beanstream, BigSky, CapitalMerch, CapitalPay, CDG, Dharma, EagleMerchant, Elavon, E-OnlineData, ETI, Frontline, GoEmerchant, Leap, Heartland, Merchant Focus, MerchantPlus, Merchant Ware, Mercury, PaymentMax, PaySimple, PracticePay, ProcessingPoint, Thompson, and TransactionG. We encourage users (merchants/buyers) do their own analysis of their own specific needs. We also encourage providers to contact PayProNews for consideration and as well as updates from existing providers.

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Wright Express Hits Forbes 100 Best Co. List

Wright Express payment processing and information management services has been named one of Forbes magazine’s “America’s 100 Best Small Companies” for 2010 for the third consecutive year. Forbes ranking recognizes top-performing, publicly held up-and-comers based on such factors as sales and earnings growth, and return on equity. Wright Express payment processing and information management solutions fleet, corporate, and prepaid payment solutions provide its more than 350,000 customers with unparalleled security and control across a wide spectrum of business sectors.

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AmEx Appoints Executive VP & CIO

Toby Eduardo Redshaw has been appointed executive vice president and chief information officer with American Express. With this, Redshaw will serve on the American Express Business Operating Committee and will be responsible for further strengthening strategic use of technology. Bringing with him extensive experience, he most recently served as Global Chief Information officer, where he’s been since 2008, in which role he unified and transformed the Company global approach to technology. This after having served as Corporate VP for Innovation, Data, Enabling Platforms and Architecture Services (I.D.E.A.S.) with Motorola and GM of a Silicon Valley start-up that provided software-as-a-service and supply-chain solutions. He holds double-major bachelor’s degree in economics and philosophy from the University of Memphis.

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FIS to Provide Item Processing for PrivateBank

PrivateBancorp will outsource portions of its item processing operation to FIS banking and payments technology. The PrivateBancorp conversion to FIS’ item processing and branch capture solutions will allow its banking unit to have a totally integrated solution that is flexible and more efficient than its current operations. FIS’ item processing and branch capture solutions will enable The PrivateBank faster uploads for statement and image files for eBanking customers; more robust fraud prevention tools; and a centralized keying and balancing function they can now maintain in-house, which will provide them with better internal controls over these processes. The PrivateBank has already deployed FIS’ IBS core banking solution, ATM/debit card processing, consumer and business eBanking, card production services, SendPoint merchant capture, and risk and compliance products.

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