Hypercom Inks a Major Indonesian Deal

Permata Bankhas is set to deploy Hypercom’s “Optimum T4200” payment
terminals as part of the bank’s nationwide Mini-ATM rollout. Expected to
begin next month, the first phase of the multicity rollout will consist
of more than 500 co-branded terminals ordered and supported by Hypercom
value-added reseller PT Multi Adiprakarsa Manunggal (“Kartuku”). The
Mini-ATMs are to be installed at participating retail locations to
enable the bank’s customers to complete more than 100 types of
transactions, including paying bills ranging from utility, insurance and
credit card bills, and purchasing goods and services, such as airline
tickets and mobile phone pre-paid vouchers. Permata Bank has more than
269 branch offices in 57 cities.


Advertising Expenditures Continue to Slide

Total measured advertising expenditures in the first nine months of 2009 dropped 14.7%, as compared to the same period in 2008, and was down 15.3% in 3Q/09 versus last year, the sixth consecutive quarter of Y/Y declines. Internet display having increased +7.0% and FSIs having increased +3.9% were the only media types with spending increases for the period, the former of which was propelled by telecom, travel and auto advertisers. This, according to data released by TNS Media Intelligence strategic advertising and marketing information provider, showed year-to-date Cable TV expenditures slipped by 2.9%; Network TV saw YTD spending fall 11.5% and Q3 spending tumble 25.1%; Spot TV expenditures remained depressed having fallen 27.5%; magazines declined -19.7%; newspapers dropped 22.8% and radio fell 22.8% while overall, local media ad spending was down 23.7% through September while national media dropped 10.1%.


One-Third of the U.K. is Gift Card Ignorant

Despite efforts to promote them as a solution to payment card fraud, only 33% of UK consumers don’t know what a pre-paid card is while 23% know what they are but don’t understand how they work. With over 25 types of pre-paid cards on the market in Britain, only 12% of people have actually purchased one, half of which purchased it more than six months ago and 45% acquired the card to make online purchases. This, according to research released by TNS and VRL, also shows the cards are being used by 24% to budget more easily; 20% are using them to spend money abroad; and 8% are using them to manage money they give to their children. Meanwhile, among those who hadn’t purchased a pre-paid card, 46% did not know about initial or monthly fees; 26% assumed there were no monthly fees and 40% weren’t aware of paying any monthly fees.


ScanSource Names a New Board Chairman

ScanSource, Inc., a
leading international value-added distributor of specialty technology
products, is pleased to announce that Steven R. Fischer has been elected
as its new Chairman of the Board of Directors. Mr. Fischer has served as
a director of the Company since December 1995 and is succeeding James G.
Foody, who has served as Chairman of the Board since December 2005 and
as a director of the Company since December 1995. Mr. Foody will
continue to serve as a director of the Company and has been designated
as Chairman Emeritus.

“It has been a great honor to serve as Chairman of the Board these past
four years and to be a part of the ScanSource story,” said Mr. Foody.
“It’s been a privilege to serve together with Steve on the Board, and I
look forward to seeing him take on this new role and lead the Board into

“I wish to thank Jim for his hard work and service as Chairman and will
seek to continue his legacy of leadership as I accept this new
responsibility. I am very excited about ScanSource’s future and the
opportunities for growth,” said Mr. Fischer.

Mr. Fischer is currently a financial consultant and serves as a director
of Falconstor Software, Inc. Mr. Fischer served as president of North
Fork Business Capital Corporation and its successor, Capital One
Leverage Finance from July 2004 to July 2008, and served as president of
Transamerica Business Capital Corporation from September 2000 to
February 2004, as Executive Vice President and Division Manager of
Transamerica Business Capital Corporation from October 1997 to September
2000, and as senior vice president and regional manager of Transamerica
Business Capital Corporation from March 1992 to October 1997.

About ScanSource, Inc.

ScanSource, Inc. (NASDAQ: SCSC) is a leading international distributor
of specialty technology products, consisting of seven sales units in
North America, Latin America and Europe.

ScanSource POS & Barcoding in North America, Latin America and Europe
delivers AIDC and POS solutions; Catalyst Telecom in North America, and
ScanSource Communications in North America and Europe, provide voice,
video and converged communications equipment; and ScanSource Security in
North America offers physical security solutions. Founded in 1992, the
company ranks #854 on the Fortune 1000. For more information, call the
toll-free sales telephone number at 800.944.2432 or visit



Citi Thailand has been awarded the Visa “Best Customer Relationship
Management – Outstanding Program 2009” award for its best 2009 credit
card marketing campaign in Thailand. Citi was recognized for the “Citi
Choose Your Passion” program, allowing users to tailor their rewards and
benefits to dining, travel, home renovation, fashion and entertainment.
Well received by users, the program implements advice from five renowned
experts in the respective categories. The “Citi Choose Your Passion”
also includes many exclusive activities, events and benefits, including
a lucky draw contest with prizes to the value of THB1.5 million up for
grabs in each category.


Bankruptcy Filings Send Mixed Signals in Nov

New court data shows that overall bankruptcy filings in the U.S. rose 19.6% in November from a year earlier. Consumer filings declined 18% in November, but are still on course to top 1.4 million filings by year-end. The 112,152 consumer filings in November represented a decrease of 18% from the 135,913 filings registered in October, according to the American Bankruptcy Institute, relying on data from the National Bankruptcy Research Center. Despite the drop from the previous month, the November filings represented a 12% increase over the 99,925 consumer filings in November 2008. Chapter 13 filings constituted 29% of all consumer cases in November, unchanged from the October rate. According to the Administrative Office of the U.S. Courts, total filings in the second quarter of this year hit 381,073, compared to 330,477 for the first quarter and 276,510 one-year ago. Bankruptcy filings for the 12-month period ending June 30th, were up 35% over bankruptcy filings for the 12-month period ending June 30th, 2008. Consumer filings for the 12-month period ending June 30th, totaled 1,251,294, up 34% from the same period one-year ago.

Nov 08: 99,925
Dec 08: 84,926
Jan 09: 88,773
Feb 09: 98,344
Mar 09: 121,413
Apr 09: 125,618
May 09: 124,838
Jun 09: 116,345
Jul 09: 126,434
Aug 09: 119,874
Sep 09: 124,790
Oct 09: 135,913
Nov 09: 112,152
Source: ABI/NBKRC; CardData.com


Same Store Sales Rise Slightly on Black Friday

The “Black Friday on Main Street” Special Issue of the SBCS Report
covers shopping trends and information from November 27-29, 2009, and
highlights comparative same store sales data from the 2008 and 2009
Black Friday periods. The total of all Main Street small business categories
experienced a gain of 5.74% during the 2009 Black Friday period over the same period in 2008.
Merchandise retailers saw their same store credit and debit card sales climb 0.95% in 2009 over the 2008 Black Friday period.
Restaurants also showed gains during the 2009 Black Friday period,
enjoying a 4.06% lift in 2009 Black Friday period card sales as
compared to the same period in 2008. QSR and mid-priced restaurants with a smaller
average ticket size (less than $50) demonstrated larger increases
than their higher average ticket counterparts ($50 or greater).
During the 2009 Black Friday period, restaurants with an average
ticket size of less than $25 saw same store card sales increase by
4.23% and restaurants with an average ticket size of $25 to $50 saw
a 5.72% increase, in each case compared to the 2008 Black Friday
period. Restaurants with an average ticket size of $50 to $100
increased 0.88%, while restaurants with an average ticket size of
greater than $100 increased 3.11% over the 2008 Black Friday period.
The very smallest of the businesses (less than $250,000 annual revenue) saw the biggest lift, with card sales
up 16.98% over last year. Compared to the 2008 Black Friday period,
businesses with annual revenues of $250,000 to $500,000 saw a 13.44%
increase in same store card sales in 2009; those with annual revenues
of $500,000 to $1,000,000 experienced a 3.63% increase in same store
card sales while those businesses with annual revenues of $1 million
or more experienced a 4.34% increase in such sales.



Those looking to follow their soccer team throughout the 2010 FIFA World
Cup tournament can purchase tickets now through FIFA with their Visa
card. By participating in FIFA’s Third Ticket Sales Phase from December
5 – January 22 through FIFA’s Tour Operators Program at one of more than
50 participating tour operators, a list of which can be found at
South African fans have easy access to ticket selections. Also, through
FIFA’s “MATCH Hospitality” worldwide exclusive Official Hospitality
Program and Team Specific Ticket Series packages are available for
purchase. Visa is the preferred card for the 2010 FIFA World Cup and
Visa payment cards will be the only payment cards accepted, along with
cash, at all FIFA venues and the onsite stadium merchandise booths.



Aquiline Capital Partners New York-based private equity firm is leading
an investment round in Clear2Pay financial services technology company.
Delivering global solutions for secure and timely electronic payments,
Clear2Pay will have 50 million to fund its next stage of growth and
potential strategic acquisitions with funds combined from current
investors. Clear2Pay one-stop-shop for flexible, scalable and
cost-efficient global payment solutions offers clients the modern
architecture and software necessary to accommodate all of their payment
systems and modify their market propositions efficiently. The investment
from Aquiline is expected to be consummated by the end of this year and
is subject to customary closing conditions.


Cardlytics Expands its Transactional Platform

Loyalty program provider Cardlytics has expanded its transactional marketing platform for national, local and online
retailers. Cardlytics
is the first platform to target and track both offline and online
consumer redemptions via digitally targeted ads.
Cardlytics provides retail merchants with a highly targeted, “market of
one” approach. This new form of transactional marketing aligns banks and
retail merchants by enabling consumer purchase data to be used for
targeting merchants’ customers – or their competitors’ customers – with
relevant offers. Merchant offers can segment any combination of
targeting parameters, including merchants where a consumer shops, where
the consumer lives, as well as transaction amounts – a level of
precision that does not currently exist in any other marketing channel.
Offers are then delivered to consumers through their online bank
account, with no data ever leaving the financial institution, thus
protecting customer privacy and anonymity.