INCM & GEMALTO

Imprensa Nacional-Casa da Moeda (INCM), the Portuguese Mint and National
Printing Office, has started issuing its “Sealys Resident” cards,
compliant with the electronic European Residence Permit (eERP)
specifications and the latest ICAO Extended Access Control standards.
Gemalto is delivering 150,000 cards per year as of 2009 over the
following two years and supplied INCM with its Coesys Issuance
personalization solution. The smart card permits improve document
security and and allows Portugal to fulfill the European Union (EU)
recommendation that requires all 27 Member States to roll out the eERP
from 2010. “Sealys Resident” cards provide temporary residence
entitlement for non-EU citizens for any stay over three months, and for
some shorter work-related stays, by embedding a contactless chip to
securely store a facial image and two fingerprints.

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PLATA GASOLINA & COMPRAS

NovoPayment prepaid card service provider and program manager has
launched two corporate prepaid cards in Peru through its Servitebca Peru
JV with Interbank Group. Catering to the private and public
organizations’ best practices to the management of key expenditures, the
new card programs, “Plata Gasolina” prepaid fuel card and “Plata
Compras” prepaid corporate card, are designed to meet diverse purchasing
and payment needs. Plata Gasolina was designed for organizations with
large fuel expenditures, is not limited to any single chain and can be
used to pay for fuel at the pump while Plata Compras is reloadable to
allow for purchases at more than 40,000 MasterCard merchants across the
country. Servitebca Peru and Tebca Peru are NovoPayment subsidiaries
created in partnership with Interbank Group to spearhead the development
of prepaid solutions and transform traditional payment and disbursement
models.

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ONLINE SHOPPERS

The Visa Worldwide “Visa e-Commerce Consumer Monitor” survey of online
shoppers in Asia Pacific indicates more online shopping in Japan.
Demonstrating Japanese consumers are more price conscious when it comes
to shopping online, compared with consumers in countries and territories
in Asia Pacific, “Visa e-Commerce Consumer Monitor” showed the the
ability to compare prices/save money (18 percent) and to find/compare
products easily (14 percent) are the two top reasons answered by
Japanese respondents, compared to 10% and 7%, respectively, across Asia
Pacific. However, 84% responded the most fundamental reason for shopping
online is it’s possible anytime. The survey also indicated 49 to 57% of
respondents across Asia Pacific were most concerned with ‘misuse of card
details by resellers’ and ‘unauthorized access’ when conducting online
payment. In Japan, 54 to 61% were concerned with this.

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MasterCard PDV Points to Recovery in Progress

If credit card purchase dollar volume is an economic indicator, then the economy must be bouncing back. MasterCard reported that third quarter PDV for the U.S. was down 6.5% year-on-year, compared to 8.8% in the second quarter. After growing at 6.7% one-year ago, the “Credit Crunch” of the fourth quarter took MasterCard PDV down by 4.7%. For the third quarter, MasterCard posted an 8% decline in U.S. gross dollar volume, compared to a 9.7% drop for the second quarter. Overall purchase dollar volume for the U.S. for the third quarter was $204 billion with 3.7 billion transactions. Credit card PDV was down 14% to $121 billion while debit card PDV was up 6.9% to $83 billion. For complete details on MasterCard’s latest performance visit CardData (www.carddata.com)

MASTERCARD U.S. PDV
3Q/08: +6.7%
4Q/08: -4.7%
1Q/09: -7.1%
2Q/09: -8.8%
3Q/09: -6.5%
Source: CardData (www.carddata.com)

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XCELLINK PATENTS

Xcellink International patented mobile payments and banking platforms
has been awarded Patent # ZL 97197543.4, titled ‘Automated Electronic
Funds Transfer System and Method.’ Allowing automated data interchange
to achieve transactions between customers (buyers) and merchants
(sellers) over local wired or wireless links, the Xcellink patent
demonstrates how China is embracing technology and adding over five
million new mobile devices a month. The number of China’s mobile payment
users reached 19.2 million at the end of June 2009 while, throughout
1H/09, the number of mobile payment transactions hit 62.69 million,
worth USD 2.49 billion, growing by 42.4% and 63.7% Y/Y, respectively.
Additionally, transactions via fixed-line telephones has registered a
370 percent increase Y/Y to 37.2 million, valued at USD 49.06 billion.

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RELATIONSHIP CARDS

Visa and MasterCard purchase dollar volume is off by 12% at mid-year in Canada, on a nominal basis. According to CardData.com the two networks handled US$61 billion in second quarter PDV, compared to US$69 billion one-year ago. For the second quarter Visa reported its Canadian purchase volume was down 1.8%, while MasterCard posted a 2.2% decline, on a constant dollar or local basis. For the third quarter MasterCard reported a 2.7% decline on a constant dollar basis. During the second quarter Visa posted US$41 billion in Canadian PDV while MasterCard reported US$20 billion. For the third quarter MasterCard posted US$22 billion in PDV. Visa has 23 million accounts and MasterCard has 35 million payment card accounts in Canada at mid-year 2009. For complete details on the latest performance by Visa and MasterCard visit CardData (www.carddata.com).

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SMARTRAC & OTI

SMARTRAC RFID transponders has signed binding agreements to acquire the
assets of Millennium Card’s Technology (MCT), a subsidiary of On Track
Innovations contactless microprocessor-based smart card solutions, and
the machinery/inlay production intellectual property from OTI for EUR
8.5 million (approx. $12.5 million). The Parties signed a supply
agreement that will fully secure OTI’s delivery of products and projects
and SMARTRAC becomes OTI’s exclusive supplier for wire-embedded and Dual
Interface Inlays. All patent litigations and in particular all patent
infringement legal proceedings between SMARTRAC and OTI have been
ceased. SMARTRAC sees these agreements as an opportunity to strengthen
its leadership position in the global RFID inlay market, offering a
wider range of products through OTI’s production and machinery to its
manufacturing capacity. The sale of assets will significantly reduce OTI
operating expenses, which will cease to produce inlays.

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Tetherball and ViVOtech Tie Up for Contactless

Mobile loyalty provider Tetherball has teamed with RFID provider
ViVOtech to offer
RFID based mobile loyalty programs to existing users of ViVOtech’s
contactless reader technology.
Upon joining, customers are given a “Tetherball Tag” powered by
ViVOtech technology, a tiny RFID chip that is easily affixed to their
current mobile phones, which uniquely identifies them through
Tetherball’s sophisticated technology platform. Tetherball clients are
then able to send offers to their customers via standard text messaging.
Offers are redeemed electronically using existing in-store Contactless
point-of-sale terminals or stand-alone Contactless kiosks provided by
Tetherball. Tetherball clients experience real time analytics and
reporting on program performance and redemption through
“Mobiquitous 2.0”, Tetherball’s own patent-pending web-based intelligent
analytics platform.

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PSCU Offers iPhone and iPod Applications

FL-based credit union service PSCU
Financial Services has launched iPhone and iPod touch applications.
This latest capability will help credit unions attract Gen Y and other
member segments who are avid iPhone/iPod users and will build brand
recognition through credit union logo visibility on the member’s mobile device and
customized iPhone application in the iTunes store.

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Sheplers Utilizes Epicor Retail Store POS

Enterprise software solution provider Epicor Software has been selected by retailer
Sheplers which will deploy the “Epicor Retail Store Point-of-Sale”
solution. Sheplers will rely on Epicor’s solution to support a range of
retail transactions, processes and workflow. Epicor Retail Store POS is an industry-leading .NET-based solution that
handles all in-store related functions including returns, tendering,
promotions, price lookups, gift cards, merchandise credits, credit and
debit card handling, local in-store order and layaway, customer
information, cash management, electronic journal, reporting, task
management and manager’s dashboard. Epicor is
also providing best-in-class customer service via its professional
services team.

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Cardtronics to Deploy Fiserv’s eiManager

TX-based ATM service provider Cardtronics has selected “eiManager” from Fiserv to provide
robust, critical device management for its self service devices.
ATM service provider Cardtronics has selected “eiManager” from Fiserv to provide
robust, critical device management for its self service devices. “eiManager” is an
event-driven problem management system designed to receive, analyze, respond to and
manage critical self-service device information. eIManager includes automated problem detection, tracking, dispatching
and service provider management, escalation and resolution functionality, and report
generation and distribution. It is highly scalable and can support an unlimited
number of faults. Using eiManager, Cardtronics
looks to increase device availability, reduce costs and control spend management
as they gain enterprise-wide reporting capabilities.

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Small Business Owners are Eternally Optimistic

Small business owners say their companies will emerge from the recession
strong and well positioned for growth over the next two years, 92% of
whom expressed optimism about their enterprises. Additionally, 54%
expect to maintain business as usual; 38% are confidently looking
forward to expanding their businesses over the next 12 to 24 months; 72%
of owners are anticipating stable or increased 2009 revenues are in
traditional health care; 68% are in financial services; 66% are in high
tech products/services; 66% are in dining and accommodations; and 57%
are in manufacturing. This, according
to “The Guardian Life Index: What Matters Most to America’s Small
Business Owners,” showed on a 21-point scale from +10 to -10 business
owners most appreciate “Having customers who appreciate what [they] do”
(5.8); “keeping the customers [they] have from leaving” (5.6); “making
my customers into friends” (3.9). The scale showed, regarding their
employees, small business owners most found “Giving….employees reasons
to feel good about being part of our team” (4.3) and “helping others to
have income and opportunities” (3.9), while they reacted very negatively
to “cutting back on employee benefits” (-0.1), “reducing the number of
employees” (-0.2) or “moving full-time employees to part-time schedules”
(-0.9).

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