Archway Ships 500 Million Cards in 2009

MN-based gift card provider Archway will ship 500 million cards by the end of 2009.Of this total, Archway expects to
ship 145 million cards to retailers, channel partners, consumers and
businesses this holiday season. Archway has nearly 100,000 square feet of secured warehouse space
dedicated to the distribution of secured cards. Visa, MasterCard,
American Express and Discover Card have approved and certified the space
for secured card distribution making Archway the only fulfillment
services company approved by the four major card associations to fulfill
secured cards. Archway is an end-to-end solution provider, offering procurement,
fulfillment services, and inventory management, as well as serial number
tracking, forecasting, automatic replenishment and online reporting for
gift, prepaid and financial card programs. The company’s technology
infrastructure combined with its serial number and lot tracking
expertise, were used to develop a radio frequency (RF) tracking system
and card fulfillment e-tools that streamline inventory management to get
cards in the consumer’s hands faster.

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INGENICO VENTURES

Ingenico Payment Solutions’ “Ventures” has invested USD6.5 million in
ROAM Data Mobile Application Service Provider (MASP). ROAM dynamically
delivers business and payment applications to service end-users on their
own mobile phones from smartphones, mainly targeting the large untapped
market of mobile professionals and micro-merchants. It provides the
convenience of merchant transactions on mobile devices via its PCI DSS
payment gateway 24X7. This is the second investment in mobile payment
made by Ingenico “Ventures” this year, after Transfer To, a
Singapore-based Payment Service Provider (PSP) Transfer To operates a
global airtime remittance network interconnecting the mobile operators’
prepaid users. Ingenico has over 15 million terminals deployed in more
than 125 countries and employs 2,500 worldwide.

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GEMALTO & SNCF

SNCF and Gemalto have presented its new NFC service allowing travelers
to purchase and recharge their transport tickets using a contactless
mobile phone at the Cartes & IDentification 2009 exhibition.
The widespread integration of NFC technology into consumer mobile phones
will allow travelers to purchase or top up transport tickets, at any
time, from the online SNCF portal. The transport ticket carrying the
rights to use the public transport network is stored in the SIM card of
the NFC mobile phone. The traveler uses it by swiping the phone handset
over a reader to open the gates and presenting their phone to the ticket
inspector to confirm validity.

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CONVEGO and G&D

Giesecke & Devrient is consolidating its Payment division’s portfolio of
products, systems and services under the international umbrella brand
name “Convego” immediately for a more coherent market presence. Being
unveiled at the CARTES international trade show in Paris, the Convego
umbrella brand covers all the product lines in G&D’s payment portfolio.
“Convego Factors” refers to card bodies in all their various forms while
“Convego Air” groups together all the products that allow a user to make
payments using contactless technology. Under Convego System Commerce,
G&D will offer services such as turn-key solutions through Convego
“System Instant Issuance” and Convego “System Picture Card,” allowing
customers to undertake individual and decentralized personalization of
their payment products.

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More Thrust Added to British Airways Visa

British Airways and Chase Card Services have joined forces to ramp up the rewards program for the “British Airways Visa
Signature” card that include a 25% increase in the number of BA miles earned and new cardmembers will
receive a bonus 100,000 BA Miles. The new enhanced benefits of the “British Airways Visa Signature” Card
include an improved earn rate of 1.25 BA miles for every $1 spent and 2.5
BA Miles for every $1 spent on British Airways travel and vacation packages, an
increase of 25% from the previous offer; a companion redemption voucher reward when
cardmembers spend $30,000 a year. Cardmembers redeeming BA Miles for a British
Airways flight in any cabin class will receive a flight for a companion in the same
class; a bonus 100,000 BA Miles for existing US British Airways
Executive Club members and new card holders approved for the card. Cardmembers receive
50,000 BA Miles after their first purchase, and they receive another 50,000 miles
after they spend at least $2,000 in the first three months. New cardholders automatically become a member of the British Airways
Executive Club and can earn more BA Miles through partners such as Avis,
Marriott, Hilton and E-stores and by taking advantage of great offers from
British Airways and oneworld alliance partners such as AmericanAirlines.

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VISA ALERTS

Visa announced the roll-out of transaction alerts, which allow issuers to provide near real-time alerts to Visa account holders throughout the U.S. and Canada. Alerts are sent on behalf of participating issuers directly from VisaNet within seconds of a transaction occurring. Alerts are triggered when the transaction meets certain criteria the account holder has selected and are delivered directly to the account holder via email, SMS text message or the “Visa Mobile” application. The alert message sent to account holders contains the amount, time and date of the transaction, as well as information relating to the merchant, such as name and location. If the transaction appears to be irregular, the account holder can immediately contact their issuer to help stop further transactions on the account. Over the last 12 months, Visa piloted transaction alerts with eight leading North American financial institutions and more than 2,000 participants.

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CARTA DI ATENEO

Banca Popolare di Sondrio and Oberthur Technologies have teamed to launch the European Union’s first prepaid Visa contactless card. The “Carta di Ateneo” is a dual interface payment card that combines Visa-certified contactless and EMV payment as well as access
control and personal identification features. Issued in conjunction with KCCS Key Client Card and Solutions, the card will be used by students and faculty employees of two Milanese learning institutions, the Politecnico di Milano and the University of Milan Bicocca. Cardholders can make contactless purchases of up to 15 euros, simply by
passing the card in front of a contactless terminal. For larger
purchases, the card’s EMV interface is used with either the cardholder’s
PIN or signature. More than 300 merchants within the vicinity of the
university campuses will provide contactless point of sales terminals to
accept the card.

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ABNOTE & MASTERCARD

ABnote Europe secure data and services has received the Card Quality
Management (CQM) Certification from MasterCard after completing a
successful MasterCard audit. Applied to ABnote’s dual interface smart
card body production, embedding and personalization from its Czech
facility, CQM quality program ensures high quality standards throughout
the entire production process of MasterCard-branded products. ABnote’s
production processes from card bodies to personalization have formally
been verified to pursue the strict MasterCard quality specific
requirements for production management, testing, evaluation,
documentation, auditing and process improvement.

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PenFed to Offer an American Express Card

The Pentagon FCU has struck a strategic partnership with American Express under which PenFed will issue “The PenFed Premium Travel Rewards American Express Card”
The PenFed Premium Travel Rewards American Express Card annual fee of
$50 is waived the first year of Cardmembership. Cardmembers can earn 5 times the rewards points on airline spend and 1
reward point on all other spend. Plus, until December 31, 2010,
Cardmembers also can earn 3 times rewards points on hotel and dining
spend. In addition, Cardmembers who spend $650 within the first 90 days
of Cardmembership will earn 20,000 bonus rewards points. Rewards can be redeemed for airline travel with no restrictions, hotel
stays, car rental, travel adventures and experiences, designer
merchandise and gift cards with major retailers.
Cardmembers who spend $15,000 each year will receive a complimentary
membership to Priority Pass, which gives Cardmembers VIP Airport Lounge
Access to over 500 lounges worldwide. The PenFed Premium Travel Rewards American Express Card also offers
numerous insurance benefits, such as Travel Accident Insurance, Trip and
Baggage Delay Insurance, Roadside Assistance and Car Rental Loss and
Damage Insurance. Pentagon Federal Credit Union has more than
900,000 members and assets in excess of $13.5 billion, and provides
worldwide service to Army, Air Force, Coast Guard, Department of
Defense, and Department of Homeland Security personnel; members of the
VFW; and others in the defense community and their families.

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HYPERCOM EMV

Hypercom Corporation is now to deliver a common, unified EMV Level 2
implementation across its “Optimum” and “Artema” product platforms, both
of which are EMV 4.2a Level 2 type approved. Now using the exact same
software kernel, “Optimum” and “Artema” countertop, mobile and
unattended terminals will ensure a consistent user experience globally
with faster certification, streamlined application development and
quicker time to market, as announced at the CARTES & IDentification 2009
summit. Hypercom global payment technology delivers a full suite of high
security, end-to-end electronic payment products and services focused on
addressing the high security electronic transaction needs of banks and
across a wide range of various sectors.

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NCO Group Q3 Revenue Down and Net Loss Widens

NCO Group reported revenues of $374 million for 3Q/09,
a net loss of $25 million and EBITDA of $34 million. This compares to
revenues of $381 million, a net loss of $26.5 million, and EBITDA of $16
million for 3Q/08. NCO is organized into three operating divisions:
Accounts Receivable Management, Customer Relationship Management (“CRM”)
and Portfolio Management. During the third quarter, both the ARM and CRM
divisions operated below their respective revenue and profitability
targets. The revenue and profitability shortfalls in ARM were primarily
the result of lower than expected collections as a result of the ongoing
difficult economic climate, as well as reductions in volumes and average
balances from clients. The revenue and profitability shortfalls in CRM
were primarily the result of lower than expected volumes from existing
clients, due to the impact of the difficult economic climate on their
businesses. During the quarter, PM operated below its revenue and
profitability targets primarily the result of fewer than expected
purchases during the first nine months of 2009 as well as lower than
expected collections, which resulted in the impairment charge. For
complete details on NOC’s latest performance, visit CardData
(www.carddata.com).

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General Purpose Gift Cards Poised to Take-Off

A new survey has found that 16% of holiday shoppers don’t buy store-specific gift cards because they are concerned that the store may go out of business. The report published by Auriemma Consulting Group says general-purpose gift cards branded by Visa, MasterCard, American Express, and Discover are gaining in popularity. Store-specific gift cards are the most popular for smaller purchases, but the intention to purchase a general-purpose gift card goes up as the dollar amount increases. The most popular reason consumers cited for giving gift cards this holiday season is the desire to give recipients the flexibility to purchase something that they really want or need. The survey was conducted in September of 439 credit card users who plan to do holiday shopping this year.

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