DCS mPayment Authorized by Tyfone

The Dynamic Card Solutions (DCS) mobile payments personalization platform, “CardWizard Perso-to-Go” has qualified Tyfone’s latest “SideTap MicroSD” secure memory card for mobile NFC payments. It personalizes at the branch level or back office cardholder information onto the chip embedded in Tyfone’s patented MicroSD secure memory card. Tyfone’s MicroSD card can then operate in any standard memory card slot within mobile phones, across all operating systems. No over-the-air (OTA) personalization is required, and CardWizard Perso-to-Go provides instant activation capabilities so the device can be immediately used for contactless point-of-sale purchases, including open-loop channels or closed-loop retail applications.

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TSYS & BMO

TSYS announced has signed a multi-year payment services agreement with Bank of Montreal for its consumer and commercial credit card portfolios in Canada and the US. With this, TSYS will provide account processing and other value-added services to Bank of Montreal, the largest issuer of MasterCard credit cards in Canada. Financial terms of the agreement were not disclosed. Bank of Montreal total assets of $397 billion as at July 31, 2010, and 38,000 employees, offering wealth management and investment banking products and solutions. TSYS outsourced payment services offers a range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit, healthcare, loyalty and prepaid services.

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FNDS3000 Executes $2.5mm Equity Financing

FNDS3000 Corp international prepaid processing company has signed a $2.5 million non-brokered equity financing agreement. Slated to close in four tranches over a nine month period, the first tranche of $1 million was
closed on October 19 while the three follow-on financings, equal to $500,000 each, are scheduled to occur
on or about January 31, 2011, April 1, 2011 and July 1, 2011. The financing was led by Sherington Holdings,
private investment company, with participation by other current accredited shareholders of FNDS3000.

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MODUSGATE

Vircom has successfully integrated its flagship email security solution “modusGate” with VMware vSphere 4, passed a detailed evaluation and testing process
managed by VMware and is now listed on the VMware Partner Product Catalog. With this, Vircom completed specific qualifications and interoperability
requirements to ensure its solution is optimized and reliable for VMware environments. VMware Ready Software status provides customers with the assurance
that modusGate email security has proven compatibility with the VMware platform and is ready for deployment in customer environments, reducing risk and
lowering integration costs for organizations.

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Cardlytics Sees Massive 3Q/10 Growth

Cardlytics transaction marketing saw 3Q/10 growth, most recently in September 2010, having signed Regions Bank, First National Bank and FSV Payments. Providing targeted reward offerings to debit, credit and prepaid card customers, Cardlytics has also implemented over 100 banks through processor partnerships and has a healthy pipeline of additional big banks to 30 million consumers through its platform. Also, Cardlytics closed its latest round of growth funding that raised $18 million in new equity from new investors and has grown its number of employees by 50%.

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Wincor Nixdorf Launches Cash Recycling Solution

Wincor Nixdorf has unveiled its “CINEO 4060” cash recycling ATM. Designed to reduce the costs and risks
associated with cash replenishment and servicing, the “CINEO 4060” ATM can hold up to eight cassettes and
includes an innovative banknote storage technology that optimizes cash replenishment and pick-up by
automating cash processes.This gives the bank the flexibility to offer a variety of note denominations besides
just $10’s and $20’s, which 88% of consumers would like to choose at the ATM. Additional “CINEO” features
include a larger screen, more camera options and superior protection; anti-manipulation card slot Anti-
Skimming II Module High-resolution cameras Optical Security Guard CrypTA Stick EPP V6 with privacy shield.

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GLOBAL PAYMENTS

According to the EU, global payments volumes continued to grow in 2009, despite economic pressure from the financial crisis according to findings from the World Payments Report 2010. This followed a period of overall growth in non cash-payments which accelerated to 9% in 2008 from 7% in 2007. The rate of growth in non-cash payments volumes in 2008 was far faster in developing economies, such as China (29%), South Africa (25%) and Russia (66%), than in mature markets, such as North America which had a growth rate of four percent. Announced by Capgemini, RBS and Efma, The World Payments Report 2010 shows cards remain the preferred non-cash payment instrument, accounting for more than 40% of payments in most markets and 58% globally.

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TSYS Inks Multi-Year Bank of Ireland Processing Agreement

TSYS has extended its multi-year agreement with Bank of Ireland to continue processing its consumer and commercial card portfolios for services in Ireland and the United Kingdom. With this, Bank of Ireland will be adding to its offering with TSYS’ online account servicing and management product. A top card processor in the UK and Ireland, TSYS was chosen thanks to its payments security and reliability and to its platform flexibility and scalability for future growth. TSYS will continue to offer value-added services to allow the bank to remain competitive in the evolving marketplace.

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TSYS

TSYS has extended its multi-year agreement with Bank of Ireland to
continue processing its consumer and commercial card portfolios for
services in Ireland and the United Kingdom. With this, Bank of Ireland
will be adding to its offering with TSYS’ online account servicing and
management product. A top card processor in the UK and Ireland, TSYS was
chosen thanks to its payments security and reliability and to its
platform flexibility and scalability for future growth. TSYS will
continue to offer value-added services to allow the bank to remain
competitive in the evolving marketplace.

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Dynamics Payment Card Eradicates Much US Fraud

Dynamics next-generation payment devices unveiled its anti-skimming technology at BAI Retail Delivery and will demonstrate it at Alternative Payment System Innovations on Oct. 21 in San Francisco. The anti-skimming device, “Dynamic Credit Card,” protects consumers and merchants against this threat by automatically writing a new, unique dynamic security code onto its magnetic stripe for every in-store purchase. A display can also be added to the card so the card can automatically display a new, unique dynamic security code for every online purchase – thus replacing the three or four digit security code physically printed on traditional cards. This is in response to the billions lost to fraudsters stealing credit card numbers. The “Dynamic Credit Card” technology can also be integrated into any Dynamics card such as “MultiAccount” and “Redemption.”

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PenFed Launches CashBack Visa Platinum Card

The Pentagon Federal Credit Union (PenFed) is offering 3% cash back on electronics and sporting good purchases on their PenFed VISA Platinum Cash Rewards Card with its “Thrill of Three 3% Cashback” campaign until December 31. The “Thrill of 3% Cashback” is in addition to the 5% back on gasoline purchases, 2% back on supermarket purchases, and 1% back on everything else PenFed VISA Platinum Cash Rewards cardholders already enjoy.

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