nCourt Payments System Deployed in Penna

Dauphin County, Pennsylvania has deployed nCourt electronic traffic and
citation payments system for use in 18 District Courts. With an average
of 250,000 citations processed in the county per year, the nCourt
eFiling and payment solutions system will enable users to easily enter
their plea and submit payments through an easy-to-use, convenient
service available through phone and Internet. Those facing a traffic
violation citation simply visit www.dauphintix.com or www.ncourt.com and
select Dauphin County from the menu for an easy-to-follow payment
system. The convenience of online payments is especially beneficial to
those living outside the area in which the citation was issued.

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Credit Card Loans Slip 9% Since Credit Crunch

Managed bank credit card outstandings among the nation’s six largest
issuers declined 9% on average over the past year. The peer group, which
controls more than two-thirds of the U.S. market, had $574 billion in
EOP outstandings for the third quarter, according to CardData.com.
American Express reported the largest decline of 18% as it continues to
refocus on charge cards. Excluding the WaMu portfolio, Chase
outstandings declined 9% to $144 billion. Citi reported the smallest
decline of only 1% to $83.2 billion. Discover is down a mere 2% from
3Q/08 to $48.1 billion. Among Visa and MasterCard issuers, Capital One
dropped 11% to $61.9 billion and BofA slipped 10% to $164.5 billion.
BofA data are for global cards. According to the Federal Reserve, U.S.
consumer revolving credit dipped below $900 billion in August, posting
its 12th consecutive monthly decline. Revolving credit peaked at $975.2
billion in the third quarter of last year. For more details on third
quarter credit card performance visit CardData (www.carddata.com).

MANAGED OUTSTANDINGS
($ billions)
Chase* $144 $159 -9%
BofA $164 $183 -10%
Citi $83 $84 -1%
Cap One $62 $69 -11%
AmEx $52 $64 -18%
Disc $48 $49 -2%
*excludes WaMu segment
Source: CardData (www.carddata.com)

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TNB Lands Western Vista FCU

TNB Card Services has partnered with WY-based Western Vista Federal Credit
Union to develop a stronger credit card program. The $110 million, 10,500 member strong
credit union has entered into a seven-year agreement
with TNB to manage the processing of its credit card program. Using
TNB’s VIP CardStationTM and VIP Portfolio Pro®, Western Vista will be
able to easily update cardholder records as well as identify revenue
opportunities and portfolio trends that will enable it to proactively
manage and market its card program more efficiently.

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DCS and INSIDE to Speed Contactless Adoption

INSIDE Contactless and Dynamic Card Solutions (DCS) have partnered to
facilitate and speed the deployment of a new wave of innovative
contactless cards, mobile payment stickers and mobile payment peripheral
devices. This ensures banks will be able to instantly personalize and
activate mobile payment solutions based on INSIDE’s “MicroPass 4000”
contactless and “MicroPass 6000” dual interface payment chip sets. Using
the DCS “CardWizard” software, bank branch personnel will be able to
instantly and securely personalize any of INSIDE’s MicroPass-enabled
contactless or dual interface products in any form factor, including
MicroSD cards, contactless mobile payment stickers and other accessories.

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APWG Reveals Positive Phishing Changes

The longevity of phishing Web sites has dropped 25% over the last year,
from an average of 52 hours in 2H/08 to an average of 39 hours in 1H/09.
Uptimes being a vital measure of how damaging phishing attacks are,
indicating more potential victims, this decline indicates a collective
progress. The study, conducted by the Anti-Phishing Work Group (APWG) in
its piece entitled “Global Phishing Survey Trends and Domain Name Use in
1H2009”, revealed a single criminal syndicate dubbed “Avalanche” was
responsible for nearly 25% of all phishing attacks in 1H/09. Additional
findings show the amount of Internet domain names and numbers used for
phishing has remained fairly steady over the past two years; phishing
attack and uptime statistics for all top-level domains; and statistics
for phishing perpetrated on hacked Web servers.

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Schmalensee and Evans Launch New Payments Portal

Business Wire and Market Platform Dynamics have teamed to launch a new online portal for payment information. PYMNTS.com wiki provides a first-ever country-specific payment information repository, created and maintained by professionals in those countries with access to and knowledge of their local payments environment. Breaking news is provided by a direct feed to the site from Business Wire. PYMNTS.com will also host the third edition of “Paying with Plastic: The Digital Revolution in Buying and Borrowing” written by Market Platform Dynamics Founder and Chairman, David Evans and Richard Schmalensee, respectively. Evans and Schmalensee are well known industry experts who have testified in many trials. PYMTNS.com was launched on October 20th in New York at The Lydian Roundtable, an annual closed door gathering of industry executives, in which Warren Buffett delivered a video keynote.

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Restaurant Spend Volume Showing Recovery Signs

Tracking data show full service restaurant performance declined just 6% in
September compared with 12% for the month of August. Average check price
has decreased 5.5%, with chain restaurants declining only 4.4% compared
with independents, down 6.4%. The new monthly “SalesMetrics” report
released by GuestMetrics and Technomic combines actual POS data from
over 2,700 national full service independent and chain restaurants.
Guest check data is collected, aggregated and analyzed to identify
regional sales performance trends, day part, cuisine, guest traffic and
average check shifts in consumer usage and spending. Performance trends
analyzed by cuisine types varied dramatically with seafood restaurants
posting the smallest decline (-0.5%) and steak restaurants declining
more significantly (-12.3%). In general, guest traffic decreased 6.1% in
September. Chain restaurants declined by 6.6%, with independent
restaurants showing only a 5.7% decrease.

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Card Accounts Down 114MM Since Recession Start

The number of general purpose credit card accounts has been dropping
precipitously during the year-old “Credit Crunch,” declining from a peak
of 573 million accounts at the start of the “Great Recession” in
December 2007 to 459 million at the end of the third quarter. According
to CardData, all of the nation’s top issuers report steady erosion in
their cardbase. Chase reports it cardbase has dropped 15% over the past
year, falling from 171.9 million cards for 3Q/08 to 146.6 million for
3Q/09. The nation’s #1 issuer also reports it opened 2.4 million net new
accounts during the third quarter, compared to the typical 4.0 million
opened per quarter during 2008. American Express reports its U.S.
cardbase has dropped 11% in 3Q/09 to 29.7 million cards. Citi also
reports an 11% decline, dropping from 61.1 million accounts for 3Q/08 to
54.6 million for 3Q/09. The number of MasterCard credit card accounts
dropped 21% between 2Q/08 and 2Q/09. The number of Visa credit card
accounts declined 8% between 1Q/08 and 1Q/09. Visa will report second
quarter figures today and MasterCard will report third quarter figures
next week. For more details on third quarter credit card performance
visit CardData (www.carddata.com).

U.S. CREDIT CARD ACCOUNTS
(Visa, MasterCard, Discover & American Express)
3Q/07: 564 million
4Q/07: 573 million
1Q/08: 565 million
2Q/08: 561 million
3Q/08: 552 million
4Q/08: 544 million
1Q/09: 519 million
2Q/09: 476 million
3Q/09: 459 million
Source: CardData (www.carddata.com)

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MICROPASS 6000

INSIDE Contactless advanced open-standard contactless chip technologies
has introduced its “MicroPass 6000” dual-interface intelligent payment
processor. Designed as an EMV-compliant platform for a new family of
MicroPass, the “MicroPass 6000” offers flexibility, efficiency and fast
time to market for card manufacturers and issuers with both contact and
contactless operation. The core payment platform expands INSIDE’s
multi-brand, multi-application offerings on a dual-interface platform
designed to meet high-volume requirements of EMV markets. Additionally,
the “MicroPass 6000” platform supports both ISO 14443-B contactless and
ISO 7816 contact protocols and is designed to be compliant with both EMV
CL v1.1 and v2.0, type B and EMV v4.1 Book 1 interoperability standards.

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Piggybacking Remains Viable Despite FICO 08

A Denver firm says its research shows that “FICO 08” will not affect most consumers for many years and that the “piggybacking” strategy for building credit remains alive and well. BoostMyScore.NET says it will take time for “FICO 08” to permeate the entire financial industry in America due to the costly upgrade. “Piggybacking” is when one person with good credit rents out an “Authorized User” spot on their credit card to another person for a small fee. BoostMyScore.NET also noted that when “FICO 08” does take hold, credit scores will decline nationally. While leniency will be practiced on missed payments, most consumers will see a reduction in their score as a result of the tighter restrictions against those with higher debt levels and high credit ratios.

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GLOBALCOLLECT & STAR VAULT

“Mortal Online” Massively Multiplayer Online Role Playing Game (MMORPG)
is is planned for introduction by the end of the year. Allowing players
to pay for the license and monthly subscriptions, Sweden-based Star
Vault has signed an agreement with GlobalCollect to process credit
cards, direct debits and alternative payments in Europe and the US.
GlobalCollect Payment Service Provider provides e-payment solutions for
international Customer Not-Present (CNP) channels such as internet, mail
and telephone orders and specializes in travel, ticketing,
telecommunications, retail, publishing, portals, online gaming, and
digital content.

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NetSpend Extends the Acxiom Contract

With an extended agreement, NetSpend will continue to benefit from
Acxiom’s 40 years of experience and innovation. Acxiom “PanOptic-XTM Data Quality” services were implemented in 45 days
and in full production within two months, enabling NetSpend to quickly
reap the benefits of accurate, real-time customer data. The solution
also uses Acxiom’s AbiliTec® linking technology to accurately track
customers as they move through NetSpend’s customer acquisition and
lifecycle programs. Acxiom pioneered the
introduction of customer data integration (CDI) to the marketplace
nearly 10 years ago with the creation of proprietary linking technology.

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