NEOVIA EXEC

Mark Mayhew has been appointed President and Chief Executive of NEOVIA
Financial independent online payments business, effective September 1st. Mayhew brings with him experience in senior executive roles at
NatWest’s issuing and acquiring businesses as COO, as the Head of UK
Consumer Banking at Morgan Stanley and leading CIMS individual
memberships business. Seasoned in international consumer financial
services companies, primarily with retail financial services, card
operations and payments operations, Mark also served as Non Executive
Director with Detica Group specialist technology consulting business
until its acquisition by BAE Systems. Coming to NEOVIA directly from his
role as chief executive of Debrett’s, he is also currently non-executive
Chairman of the JAC Travel Group.

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Metratron and Vantage Payments to Partner

Internet holding company Metratron has partnered with AZ-based Vantage
Payments, LLC to offer global transaction processing solutions. The
partnership gives Metatron the ability to process millions of dollars in
transactions every month, as well as offer merchants managed payment
services via Credit Card, ACH, and Check21 both domestically and abroad,
thus providing them with a diversified payment portfolio and a flexible,
scalable merchant account as their client base grows.
The Company will also begin to process transactions for the Metatron
partner companies, such as online dating site, CupidsDevil and mobile
application developer, i-Mobilize, as well as future joint ventures and
strategic partners. In the coming months, however, the Company plans to
integrate this new account, and create a new, larger independent sales
organization (ISO), through its credit card processing partner, Just
Data, Inc. Just Data will also provide sales and support functions for
the Metatron account in the near term. Vantage is a global consulting and brokering
services provider that offers unique merchant and payment solutions to
enable clients to optimize their payment portfolio.

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ATE SECURITY

A new data security study has found that three-quarters of British organizations have experienced at least one data breach in the last 12 months. The three most common reasons for data breaches amongst survey respondents were negligent insiders, malicious insiders and third party flubs. Results of Micro Focus research, independently conducted by the Ponemon Institute with over 1,350 practitioners involved in application development and testing across the U.K. and the U.S, also found the majority of respondents say they use real data in application development and testing. Respondents in the U.S. and 77% in the U.K. report that they use real production data as part of their application development and testing process. The most common data types used in both countries are similar. Further, 63% of U.K. respondents and 61% of U.S. respondents report that they refresh real data for application testing either every time or frequently. However, 70% do not have the measures in place to mask this live data during development and testing. The vast majority also confirmed they use customer records, employee records, credit cards and other business confidential information in application development and testing. Ponemon says tt is understandable that organizations want to be efficient in this often time-consuming process, but cutting corners by not masking the data could cause irreparable damage to a company’s database and reputation if a major breach were to happen.

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CASHAXCESS & FDC

First Data electronic commerce service has signed agreements with
Mvelaserve to acquire CashAxcess ATM deployment. Having operated in
South Africa since 2005, CashAxcess provides a total of 200 end-to-end,
outsourced ATMs to such banks as Mercantile, Capitec and ABSA. Other
products and services CashAxcess offers include ATM delivery; ATM
installation; signage; wireless GPRS communication; cash management;
cash replenishment services; ATM monitoring; equipment insurance;
marketing; and training services. Offering ATM outsourcing and
deployment solutions in more than 17 countries, First Data operates a
global ATM businesses under STAR and Instant Cash in the United States;
Cashcard in Asia Pacific and Trionis in Europe.

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New England’s Big Y Adopts Retalix Loyalty

MA-based grocer Big Y has rolled out the “Retalix Loyalty” customer marketing system.
“Retalix Loyalty” is a powerful, targeted promotions and consumer
interaction solution that delivers offers, tracks performance and
personalizes communications. As an enterprise-wide, real-time, scalable
system, the software seamlessly ties together centralized operations,
marketing management, special promotions, IT and the shoppers
themselves. Because it’s centrally operated, “Retalix Loyalty” ensures
continuity across multiple stores and channels. This powerful
combination of features allows retailers to build long-term customer
loyalty and retention by targeting their promotional spend on their most
valuable customers. Big Y is one of the largest
independently owned supermarket chains in New England with 57 stores throughout
Connecticut and Massachusetts. Retalix is a provider of software solutions to
retailers and distributors worldwide.

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Jack Henry’s EFT Support Business Up 8% in 2Q/09

MO-based Jack Henry & Associates reported that second quarter total revenue increased to $191.9 million, compared to $188.7 million in the same quarter a year ago. Net income in the current year was also $27.8 million, up 12% from 2Q/08. EFT Support, which includes ATM/debit card processing, bill pay, remote capture, and Check 21 transaction processing services, had the largest percentage growth of 8% year-on-year. The bank systems and services segment revenue increased 3% to $161.5 million. The credit union systems and services segment revenue decreased 6% to $30.3 million. Earlier this week, Jack Henry & Associates announced a definitive agreement to acquire Goldleaf, a provider of integrated technology-based solutions designed to improve the performance of financial institutions. For complete details on Jack Henry’s latest performance visit CardData (www.carddata.com).

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MASTERCARD & HOCKEY

The Toronto Maple Leafs, Toronto Marlies and the Lakeshore Lions Club
have partnered with MasterCard Canada to provide hockey players with
more opportunities to achieve their dreams through the new MasterCard
Center for Hockey Excellence. The MasterCard Center for Hockey
Excellence community ice facility is scheduled to open in September will
offer visitors three NHL-size pads and one Olympic-size pad with seating
for 1,000 spectators. MasterCard Canada will donate 250 hours of ice
time to the local community and grassroots hockey programs each year
with Free MasterCard Community Skate for families every Saturday; Free
MasterCard Open Skate for students on professional development days
throughout the school year; and free ice time from September to June to
various local community groups.

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VERIFY TRANSFER

Given more than $10 trillion was exchanged in electronic payments
throughout the world in 2008, VerifySmart secure and fraud free payment
processing services has launched its “Verify Transfer” integrated and
scalable e-commerce system and enhanced website. VerifySmart has spent
four years developing its anti-fraud, PCT Approved, technology to
address the ever increasing, $56 billion-per-year, problem of ID theft
and payments card fraud. “Verify Transfer” services offer; seamless
integration with “VeriSmart Card” and “VerifyNGo”; virtual bank
functionality, allowing merchants full fund management; merchants
capabilities to issue and assign “VeriSmart Cards” to end users; the
ability to garner interest in new markets via its foreign exchange
module; full reporting and record management; and merchant and end user
peace of mind through its “VerifyNGo” two factor authentication.

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nFinanSe to Offer a $3 Reloadable Visa PP Card

Tampa-based nFinanSe announced it will begin offering this Fall Visa-branded general purpose reloadable prepaid cards. The new card will meet the competition head-on with a $3 purchase price. Other fees for the new cards include: $2.95 monthly fee; $2.95 reload fee; no hidden transaction fees and no fees on purchases; and free direct deposit of payroll. Other benefits include purchase and available balance information sent to cardholder’s cell phone and/or email address after each transaction as well as mobile couponing through Rocketbux. The new card will be reloadable at 80,000 nFinanSe Network locations nationwide.
This card is issued by Palm Desert National Bank. nFinanSe is a registered ISO of Palm Desert National Bank.

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Collections Jobs Erode as More Debtors Struggle

The Accounts Receivable Management industry has tons of collection accounts but also has tons of consumers who cannot pay.
According to the latest Kaulkin Ginsberg “Credit and Debt Collection Confidence Survey” more than two-thirds of collection agencies reported moderate to significant increases in business from their clients, but their rating of collection performance declined from first quarter to second quarter. As a result, layoffs are continuing in the industry, with 32.2% of collection agency respondents and 41.4% of debt buyer participants reporting layoffs in the second quarter. When previously asked to rate their Q1 debt collection performance, over 46% of accounts receivable management firms reported “strong” or “very strong” collections – an increase from the 29.7% reporting the same level of performance in fourth quarter. However, this improvement is still below levels reported earlier in 2008, and in the first month of second quarter, fewer ARM firms (38.6%) reported this level of performance.

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MCB & LEVEL FOUR

Mauritius Commercial Bank has deployed Level Four’s “ATM Developer”
automated testing solution. MCB has 146 ATMs through which it will
initiate the Level Four ATM open standards-based software. This will
allow MCB to automate ATM testing; speed deployment of new ATM software;
and reduce the amount of internal resource required. With “ATM
Developer,” MCB can perform thorough testing, carry out parallel testing
and respond to business requirements in considerably less time than its
previous manual testing process allowed. The new solution also allows
MCB to introduce BNA transactions, which require more frequent and
rigorous testing of the ATM network, streamline process and reduce the
time to market for new services. Level Four’s integrated BRIDGE suite of
open ATM software products have been developed to address the needs of
ATM deployers seeking to maximize their investment in the ATM channel.

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