Delta CU Members Warm-Up to Fiserv mBanking

Delta Community CU members have been feverishly adopting “Mobile Money” from Fiserv, currently used by more than 10,000 members (over 5% of the member base). The “Delta Community Mobile Banking” free mobile service provides members convenient and secure access to real-time account information through their cell phone, smart phone or other mobile device. Delta Community Mobile Banking was designed as a customized version of the credit union’s online service, optimized for any web-enabled mobile phone that supports WAP browsers, regardless of the make, model or mobile service carrier. Users can look at checking account balances, scheduling bill payments, transfer funds between accounts, review credit card transactions and locate Delta Community branch locations.

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YESPAY

YESpay International EMV Chip and PIN and E-commerce card payment service has released its promotional list of reasons merchants should implement its service. This includes its Pan-European EMV card payment solution, eliminating merchants involvement in EMV certification; Cost saving, charging only a single ‘Setup fee’ per POS; PCI-DSS Level 1 certification; PA-DSS certification; End-to-end encryption; and tokenization. YESpay provides highly secure Internet, EMV Chip & PIN, contactless and gift card payment processing services to independent and multi-chain merchants through “EMBOSS” Managed Payment Service, allowing users to accept integrated card payments within EPOS, kiosks, hospitality and e-commerce systems.

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OBERTHUR

Oberthur Technologies has won the “Best Prepaid Manufacturer” category at the 3rd annual Prepaid Awards 2010. These Awards were created to commend innovation and best practices within the prepaid industry while the “Best Prepaid Manufacturer” category recognizes Oberthur Technologies’ having delivered millions of prepaid cards globally each year through its Card Systems Division. Oberthur Technologies has been able to support the prepaid market globally and has driven continuous innovation with such prepaid solutions as its “Smart Seal” J-hook packaging; “Smart PIN” PIN number delivery service to the cardholder by text message; the “Smart One” card for individual picture cards; and multi-application prepaid contactless cards and stickers.

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NRT & SIMPLICIT-E

NRT Technology and Simplicit-e Gaming have formed a strategic partnership. With this, Simplicit-e will distribute NRT’s cash handling products in South Africa. Simplicit-e Gaming Solutions will also promote, sell and provide comprehensive support for NRT products. This initiative is consistent with NRT’s Global Expansion Strategy of partnering with companies with a grasp on regulatory requirements in the local casino industry. Simplicit-e already supplies products to 13 customers in 8 African Countries and has recently been awarded its National Manufacturer & Supplier Licence for the South African Gaming Industry by the Gauteng Gambling Board.

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X2

X2 Computing mobile computing solutions has made available its “X2410” and “X2415″ handheld computers for improved work flow and enhanced productivity in retail and POS apps and payment processing. The handhelds feature a 3.5” resistive touch, outdoor-viewable display with fully-integrated MSR, RFID reader and barcode scanners. The X2 handheld devices also include remote management software with rugged design for IP54 rating of liquid and dust resistance; hot-swappable batteries that support up to eight hours of use; programmable buttons; wireless networking; Bluetooth connectivity; and LED paging alert capability.

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VERIFONE & GEMALTO

VeriFone Systems and Gemalto have formed a comprehensive strategic partnership to jointly pursue opportunities to accelerate EMV payment adoption, harbor discussions for a Gemalto POS solutions acquisition, and allowing Gemalto as the preferred M2M VeriFone wireless module supplier. With this, they will jointly pursue new chip card solutions based on the global EMV payment standard with a focus on the US market. VeriFone is seeking to acquire Gemalto’s POS solutions business, for which it believes customers will benefit from access to VeriFone’s full payment solutions product line. Based in France, the POS solutions business would also serve as an ideal launching pad for VeriFone’s planned European expansion campaign.

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DATACARD

MasterCard has completed its acquisition of DataCash for $526 million in aggregate. This expands MasterCard’s existing e-Commerce merchant gateway presence in Asia and Australia to European countries and other high-growth, emerging markets worldwide, and allows MasterCard to provide new services to acquiring customers and drive increased e-Commerce penetration in both existing and new markets.

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USA Tech Hits Deloitte LLP’s FAST 500 List

USA Technologies cashless networking services has been named to Deloitte’s 2010 “FAST 500” List of the
Fastest Growing Companies in North America. Having ranked 23 in the Greater Philadelphia Area and 482
in North America of the fastest-growing technology companies as determined by Deloitte, USA Technologies
grew revenues 157% since 2005. This is a direct result of new product introductions, increased market share,
and additional customer wins. Also, over the past 12 months, USA Technologies has achieved 82,000 device
connections as of June 30, 2010 and expects to achieve 100,000 devices connected to its network by the
end of 2010.

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Citi Launches SMB Partnership in NYC

Citi has partnered with the New York City Department of Small Business Services (SBS) to help New York
City’s small businesses and entrepreneurs obtain the technical assistance and financing they need to
start, operate and expand. Citi Community Development will provide $385,000 in funding to the new
partnership for expanding and enabling NYC Business Solutions to help more customers in all five boroughs
with accounting and loan packaging assistance. The funding from Citi will help address this issue by
enabling a larger volume of businesses in New York City to receive one-on-one technical assistance to
develop and manage the proper financial documentation. Also, Citi will launch an employee skill-based
volunteer initiative to provide mentorship and ongoing consultation between Citibank Small Business
bankers or underwriters and NYC Business Solutions financing account managers and ACCION loan officers
in New York City will be matched to Citi employees, a microfinance organization providing flexible loans.

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DataWorks Launches 4th Gen POS Interface

DataWorks has made available its “SmartSpoke” fourth generation POS interface. Building on the traditional
hub and spoke design by adding a revolutionary communication layer, “SmartSpoke” guarantees POS
security and is PCI compliant to alleviate any risk from hacking. Microsoft Dynamics RMS offers small and
mid-market retailers a complete POS solution that can be adapted to meet unique retail requirements and
automates POS processes and store operations and integrates with Microsoft Office system programs,
Microsoft Dynamics GP, and other popular applications.

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38% Intend to Spend More Online Y/Y

With 38% of consumers intending to spend more online for holiday gifts, a 9% increase over last year, the average shopper is planning to spend an average of $283.68 online in 4Q/10, a 3% increase over 4Q/09. Moreover, 15% plan to do most of their shopping on Cyber Monday; 55% plan to avoid Black Friday in favor of shopping online-up 7% year-over-year; 69% know they will purchase at least one gift card for the holidays this year; and last year 33% enjoyed a debt-free holiday by paying cash. This, according to the eBillme Online Spending Index by Javelin Research, also shows last year 39% had all purchases paid off in less than three months; 12% in three to six months; 5% in six to nine months; and 5%are still paying off last year’s holiday gifts. According to the Cardflash Library, U.S. consumers are planning to spend an average of $688.87 this upcoming holiday season, compared with the $681.83 last season, and 57.1% are planning to spend an average of $107.50 on themselves, compared to the year ago figure of 52.9% planning to spend an average of $101.37 on themselves.(CardFlash Library 2010/10/21)

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