SMARTCARD

Although 2009 was tough for smart card IC suppliers, with total revenues actually declining 9.2% to $1.85 billion, this situation is projected to improve during 2010. The latest IMS Research forecasts Smart Cards IC Shipments to Reach 5.8 Billion in 2010 latest smart card and smart card IC dataset, IMS Research has concluded that the market for smart cards ICs is forecast to reach 5.8 billion units in 2010.Please contact IMS Research if you need any information on its smart card market services. IMS Research (www.imsresearch.com) is a supplier of market research and consultancy services on a wide range of global electronics markets.

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Transaction Wireless Secures mGift Card Patent

Transaction Wireless (TW) virtual and mobile gift cards has been granted a US patent for its digital gifting and marketing platform technology. The newly issued patent protects the process and key elements utilized by Transaction Wireless for its gift card programs and services for retailers including the purchasing, delivery, ongoing management and redemption, as well as the personalization and marketing of gift cards. The Company’s virtual and mobile platform is already launched with clients in retail, entertainment, wellness, hospitality and business-to-business markets.

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SODEXO HALO POS

Vivonet has inked agreements with Sodexo to deploy its Halo POS technology into the majority of Sodexo’s 6,000 North American client sites by 2015. Sodexo serves customers across a range of industries, including health care facilities, retirement homes, schools, college campuses and retail outlets. The value of this agreement is pegged to represent over $60 million in revenue to Vivonet over the period to 2015. Vivonet is the restaurant industry leader in SaaS solutions that enable, acquire and organize over one hundred million transactions every month for customers in Canada and the United States. Vivonet provides Halo Secure Web Based point of sale (POS) and on-demand enterprise management, POS, payment processing and performance benchmarking solutions for its customers.

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VocaLink Appoints New Sales Director, Transaction Services

Nick Daniel is joining the Transaction Services Division with VocaLink payments specialists as Sales Director. Bringing with him over 25 years’ experience, Nick will help support VocaLink’s commercial growth ambitions in the UK and internationally, identifying new growth opportunities for the division in the UK and internationally, as well as supporting the development of existing schemes.. He has held various sales and management positions in the UK, Europe and Latin America. Prior to joining VocaLink, he worked for CB.Net, the international payments reference data supplier, as Head of Business Development.

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July Retail Spending Sees Modest Gain M/M

Although sales in most categories remained mostly flat compared to July 2009, in contrast to the sharper growth 1Q/10, eCommerce has posted gains throughout 2010. Moreover, the eCommerce segment regained double digit growth in July, increasing 10.9% on a year-over-year basis, in contrast to June, when for the first time since November 2009 it had dipped into single digits. This, according to the Mastercard SpendingPulse, also shows the Luxury Index grew 0.2% year-over-year; the Electronics and Appliances category posted its second month of year-over-year gains with 1% growth, compared to June’s 1.7% increase; and total apparel sales decreased by 1.1% in July, following June’s 3.3% year-over-year gain.

JUNE RETAIL SALES
Luxury: +0.2%
Electronics:+0.8%
Appliances: +1.8%
Clothing: -1.1%

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TrustCash Seeking to Expand South American Operation

TrustCash announced it’s prospecting the South American e-commerce market with its Payment Technology suite of services, particularly the mobile solutions currently under development. Mainly in Brazil, which is undergoing e-commerce growth in which 64.6 million people will use the internet in by 2013, South America is seeing exponential internet growth. Also in Brazil, e-commerce revenues nearly quadrupled to reach BRL3.8 billion ($2.2 billion) between 2005 and 2008. TrustCash delivers a sophisticated, comprehensive online payment processing.

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Smart Transaction Systems Launches Gift Card Program

Smart Transaction Systems gift card and customer loyalty programs has introduced GiftCardGreatness.com to its gift card customers. The full service solution allows a small business to start selling its gift cards online without the overhead of launching its own e-commerce site. All aspects of setup and order processing are managed for the merchant. GiftCardGreatness.com helps small businesses launch their own gift card web stores, market their gift cards online and increase sales by marketing their cards directly to consumers as part of its ‘buy local’ program. STS has been providing stored-value programs since the company was founded in 1998.

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Technology Credit Union Intros Student Banking

Technology Credit Union launched its “Plug In” suite of student banking products for high school and college age kids. The “Plug In” student banking package includes many of the tools this age group needs to learn about managing money responsibly and building good credit. The new offering concentrates on helping younger consumers build financial literacy. Financial products and literacy geared towards young adults can have important implications for financial behavior later in life.

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WINCOR ATMS

Wincor Nixdorf has shipped its 10,000th US CCDM ATM, demonstrating an increasing adoption of ATMs that accept bulk deposits of check, cash or a combination of both through one single input. Two of the top five U.S. banks, along with other leading financial institutions, have led the adoption of this revolutionary module, first introduced by Wincor Nixdorf, which eliminates the need for deposit slips and envelopes. The module was introduced in November 2002, has the unique feature of a single input that accepts both cash and checks in bulk form. The CCDM technology reduces costs at financial institutions from post-processing of night safe deposits, allows banks to offer greater accessibility and to reduce manual work at the counter.

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Consumer Confidence Index Down 4 Points M/M

The July Conference Board “Consumer Confidence Index” now stands at 50.4
(1985=100), down from 54.3 in June. Also, consumers’ short-term outlook
also deteriorated, with the percentage of consumers expecting an
improvement in business conditions over the next six months having
dropped to 15.9% from 17.1%. Additionally, those anticipating conditions
will worsen rose to 15.7% from 13.9%; those expecting more jobs in the
months ahead decreased to 14.3% from 16.2%; those anticipating fewer
jobs increased to 21.1% from 20.1%; and the proportion of consumers
expecting an increase in their incomes declined to 10.0% from 10.6%.

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JACK HENRY

Jack Henry & Associates is set to deploy INETCO “Insight” software. Reducing the possible risk of downtime in its expanding payment processing business, “Insight” software will be deployed by Jack Henry & Associates’ “jhaPassPort” EFT Solutions Group and “JHA Payment Processing Solutions,” which provide the company’s extensive array of payment processing platforms and ATM, debit, credit, and prepaid card solutions for both banks and credit unions. INETCO Insight provides real-time visibility into the complete path of every payment transaction. Real-time data about applications, switch components, network links, and third-party service providers will be correlated and displayed in a way that makes it much easier to isolate any issues that could cause transaction slowdowns or declines.

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FIS Announces Preliminary Results of Tender Offer

FIS banking and payments technology “Dutch auction” tender offer for the purchase of up to $2.5 billion of shares of 171,705,905 shares of its common stock were properly tendered and not withdrawn in the tender offer at a price of $29.00 per share. Additionally, 49,528,300 shares were tendered through notice of guaranteed delivery at such prices. Due to the tender offer being oversubscribed, FIS expects to purchase only a prorated portion of the shares properly tendered by each tendering stockholder at or below the final per share purchase price. FIS expects to purchase approximately 86,206,896 shares of its common stock at a purchase price of $29.00 per share, for a total cost of approximately $2,500,000,000.

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