PANASONIC & RENESAS

Panasonic and Renesas Technology are set to concentrate their joint
development functions for SoC process technologies at the Renesas Naka
site and will start operation of their 28 to 32 nm process development
line installed at that site on October 1, 2009. Concentrating their
joint development functions at the Naka site with its 300 mm wafer line
and providing a joint development structure, the 2 companies are
developing 28 nm process technologies. They have agreed on joint
development of next-generation SoC technologies in 1998, before Renesas
was formed, and have continued to develop semiconductor process
technologies for the 90 nm, 65 nm, 45 nm, and 32 nm generations at the
Renesas Kitaitami site. In the development line at the Naka site, the
two companies have installed new production equipment in addition to
having transferred part of the development line equipment from the
Renesas Kitaitami site.

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Secured Financial Net Becomes RedFin Net

Secured Financial Network has officially changed the name of
its wholly owned subsidiary, Virtual Payment Solutions, Inc., to RedFin
Network, Inc. The Payment Gateway specializes in providing (PCI) Certified
Payment Technology for small to enterprise size business and resellers
in need of secure and reliable Wireless, Retail and Internet
credit/debit card and ACH processing services with dedicated customer
service and technical support.

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Metatron Acquires Just Data

Internet holding company Metatron has completed the acquisition of e-payment provider Just Data for $100,000. Just Data provides flexible electronic payment
solutions including credit cards, electronic checks and telephone
orders, and works with any business model, including internet,
broadband, wireless, call centers and retail establishments. Just Data
enables online companies to accept global payments without the need to
obtain and manage their own merchant account. Benefits include worldwide
acceptance, multiple currencies, state of the art merchant tools,
subscription and per-unit billing, world class customer service, and a
full suite of marketing and revenue features.
Metatron and Just Data have operated under a joint venture agreement
since August 3, 2009, and since that time have focused on the
development of recurring revenue-generating client relationships. Just
Data will typically enter into three-year service contracts that require
minimum volume commitments from merchants to qualify for the agreed-upon
pricing.

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BMO GREEN GOLD

With 53% of AIR MILES Collectors more likely to make environmentally
friendly choices when encouraged by AIR MILES, BMO Bank of Montreal is
set to enhance its “Gold AIR MILES” MasterCard with ‘green’ benefits.
Providing customers a 25% discount on the number of reward miles
required to redeem for ‘Green’ merchandise through the AIR MILES Reward
Program, the enhancements allow for substantial savings and earlier
redemption for environmentally-friendly products. BMO “Gold AIR MILES”
allows patrons to redeem their AIR MILES for more than 140 ‘green’
products and services available through its “My Planet” program, ranging
from transit passes to green energy services to high efficiency
household appliances to less-toxic cleaning products. These benefits are
in addition to enhancements made earlier in the year, eliminating annual
fees; doubling rewards; adding travel Insurance benefits and increasing
flight redemption discounts.

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Oberthur Tech ID-One Cited by Security Products

Oberthur Technologies “ID-One” access card is the recipient of the “2009 New Product of the Year Award in the Access Control” category by Security Products magazine. “ID-One PIV BIO” is a fully compliant physical and logical security access card solution. The PIV BIO solution provides identity proofing, card authentication, digital signature, fingerprint on-card comparison, encryption and secure post issuance management. The card meets FIPS 201 requirements and includes a
fingerprint on-card comparison that has been validated by NIST labs to comply with PIV interoperability specifications. It has tamper proof cryptography for enhanced security. The award honors the outstanding product development achievements of security equipment manufacturers whose products are considered to be particularly noteworthy in their ability to improve workplace security.

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Cred-Ex and TheShoeMart.com Team

Alternative payment provider Cred-Ex has partnered with TheShoeMart.com
to add Cred-Ex’s online payment method to TheShoeMart website. Cred-Ex’s
instant credit solution will be enabled through CardinalCommerce’s
Centinel® payment platform.TheShoeMart.com will enable the Cred-Ex
solution through
CardinalCommerce’s flagship product, Cardinal Centinel®, the worldwide
leading authentication and alternative payment platform. Cardinal
Centinel offers merchants multiple payment brands through one single
streamlined integration. Once integrated to the patented Centinel
platform, TheShoeMart.com will have the ability to offer their customers
over twenty-five secure payment options, including Cred-Ex, quickly and
easily. OH-based CardinalCommerce Corporation is the global leader in
enabling
authenticated payments, secure transactions and alternative payment
brands for both e-Commerce and mobile commerce. Emerging Payments
Technologies, Inc. began developing the
Cred-Ex platform and brand in 2004 to lead the trend in online billing,
e-Commerce, and now m-Commerce.

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Positive Light at the End of the Economic Tunnel?

Consumers and small business owners are starting to see positives in the economy, with 52% of individuals and 61% of small business owners optimistic their financial prospects will improve over the next 12 months. Meanwhile, 70% are confident in the stability of their financial institution. These findings, according to research conducted by Digital Insight, also show 88% of consumers now pay bills and transfer funds online; nearly 50% of consumers would like online help with tracking expenses and budgeting; approximately 80% of consumers and small businesses named their bank or credit union as their most trusted online destination to manage their finances; and 17% of small business owners have increased their use of online financial management tools in the past year. More than 400 banks and credit unions across the U.S. are live or implementing Digital Insight’s online financial management tools to help their customers and members gain greater visibility and control over their financial decisions.

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Federal Reserve Prepares to Update Reg Z for CCs

The Federal Reserve Board plans to amend “Regulation Z” (Truth in Lending) for credit cards. The proposed rules would will generally: prohibit increases in a rate during the first year after an account is opened and increases in a rate that applies to an existing credit card balance; prohibit creditors from issuing a credit card to a consumer who is under the age of 21 unless the consumer has the ability to make the required payments or obtains the signature of a parent or other cosigner with the ability to do so; require creditors to obtain a consumer’s consent before charging fees for transactions that exceed the credit limit; limit the high fees associated with subprime credit cards; ban creditors from using the “two-cycle” billing method to impose interest charges and prohibit creditors from allocating payments in ways that maximize interest charges. The proposed rule represents the second stage of the Federal Reserve’s implementation of the “Credit Card ACT”.
The proposed rule would implement the provisions that go into effect on February 22, 2010. The remaining provisions will go into effect on August 22, 2010.

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HipCricket Intros M-Coupon SaaS Platform

Seattle-based mobile marketer HipCricket has rolled out the enhanced
HipCricket mobile coupon SaaS platform.
The offering provides consumers with single use promotional codes that
are fully trackable by any point
of sale system that accepts VISA or MasterCard. It also features a
specific solution for quick service restaurants, “QSR Plus”. “QSR Plus”
adds
creative and ongoing consulting to help businesses maintain and increase
customer loyalty, establish one-to-one communication with their
prospects and customers and, ultimately, increase average customer spend
and frequency. HipCricket has delivered more than 45,000
marketing and loyalty successful campaigns for customers including Coca
Cola, Staples,
Hershey’s, Jameson, Clear Channel Radio, Premiere Radio Networks,
Sandusky Broadcasting and NBC.

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SBI & NCR

GA-based NCR Corporation has secured the largest order for ATMs seen in
India through the State Bank of India (SBI). SBI has agreed to purchase
3,800 ATMs and a seven-year ATM services contract from NCR. With more
than 15,000 ATMs deployed across the county, including 10,000 NCR ATMs,
SBI has the highest ATM penetration in the country. NCR will undertake
ATM deployment, site implementation services (SIS), second line
maintenance (SLM) and managed services for SBI. The SLM contract extends
to the next seven years, ensuring that SBI ATM’s are available to its
customers at all times. The order includes ATMs equipped with DVSS
(Digital Video Surveillance Systems) to counter fraud.

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