OTI EASYFUEL

Following successful pilot implementation across a number of market
sectors demonstrating its relevance, On Track Innovations (OTI)
contactless microprocessor-based smart card solutions, in partnership
with Armitage Technologies, has won the contract to provide its
“EasyFuel Fuel Management System” in southern China. Mounted on mobile
bowsers for use in harsh port conditions to ensure vehicles and plants
are refueled on a timely basis for efficient operation, the OTI wireless
solution will be implemented for fuel management reports to optimize
performance. Established in 1990, OTI specializes in secure contactless
microprocessor-based smart card technology in a wide variety of markets
across the globe.

Details

TransUnion & FDCPA Launch Case Search Solution

The FDCPA Case Listing Service showed 5,383 cases were filed in 2008 against collection agencies in U.S. District Court for violating the Fair Debt Collections Practices Act (FDCPA), representing a 41% increase over 2007 case volumes, a figure expected to exceed 7,300 by the end of 2009. Correspondingly, TransUnion will be implementing the “FDCPA Case Search”, the FDCPA Case Listing Service offering data as an added feature for batch records through the TransUnion “Collections Prioritization Engine”. This allows TransUnion to alert collectors of accounts previously involved in FDCPA litigation to assist collectors in determining strategy. TransUnion helps improve efficiency, manage risk, reduce costs and increase revenue with comprehensive data, advanced analytics and decisioning and has employees in more than 25 countries on five continents. FDCPA Case Listing Service provides consolidated research tools for collection agencies, debt buyers, and creditor rights law firms.

Details

Zave & Scanbuy to Offer e-Coupon Solution

Incentive provider Zave Networks has partnered with Scanbuy mobile barcode
solutions to offers consumers access to discounts and coupons. Aligning Scanbuy’s
“ScanLife” mobile barcode capture using 2D barcode with Zavers’ incentive “Zave
Network”, digitally linking manufacturers’ coupons to consumers and retailers, the
partnership allows consumers to easily find and save coupons in their Zavers
account for redemption at participating retailers. The user simply snaps a picture of
a ScanLife 2D Barcode with their cellphone from the advertisement, which is then
detected on the ScanLife application in the phone and directed to the Zavers mobile
site for the online coupon. The coupon is then scanned and redeemed when the
consumer checks out. Over 250 million mobile phones worldwide support the
coupon application on such operating systems as Android, BlackBerry, BREW,
iPhone OS, Java, Symbian and Windows.

Details

FC/MBNA CARD

The newly launched “Liverpool FC/MBNA MasterCard” football club credit
card and its counterparts are witnessing increasing popularity lately
among fans. Involved with all elite football clubs as the largest issuer
of football affinity credit cards in the UK, MBNA cards offer a number
of features behind the growing popularity, which include; first and
foremost- shows Thinking Money- an appeal to fan loyalty; competitive
industry rates with traditional credit cards; fee-free balance transfers
for the first 12 months; contribution to the club with each approved
application and purchase; and availability in the UK, Ireland and Spain.
For the “Liverpool FC/MBNA MasterCard”, the MBNA contribution goes to
the team’s youth academy scheme while its rewards schemes offer 1 point
for every GBP 1 spent on card purchases for redemption on special
offers, such as discounts on tickets for matches. Additional features
include online banking, fraud protection, access to a free 24-hour
customer service helpline and optional protection alerts. MBNA
additional branded credit card partnerships with other clubs include
Arsenal, Manchester United and Chelsea.

Details

Shake-Up at Fleet Card Specialist PHH Corp

Fleet card specialist PHH corporation changed CEOs this week after pressure from its largest investor. Pennant Capital Management also succeeded in adding two of its two candidates on the PHH Board this week. George Kilroy, a 33 year veteran of the Company, has been named Acting CEO and President of PHH Corporation, and James Egan, who joined to Board in April, has been elected as Chairman of the Board. Both appointments were effective June 17th. Kilroy served as President and CEO of PHH Arval, the Company’s fleet management services business, since March 2001. Egan was previously a Managing Director of Investcorp International. PHH is an outsource provider of mortgage and vehicle fleet management services. Its subsidiary, PHH Mortgage, is one of the top five retail originators of residential mortgages in the USA and subsidiary PHH Arval is a fleet management services provider in the USA and Canada. PHH service cards are accepted at 200,000 locations in North America.

Details

TOYOTA & TSYS

TSYS and Toyota Finance have extended agreements to include prepaid
payment and processing services for the Toyota “Tressa Style Card Plus”.
“Tressa Style Card Plus” e-money reward card facilitates prepaid and
QUICPay contactless card payment transactions. TSYS offers payment
processing for the ‘Tressa’ card and other payment cards with debit,
credit, retail gift, loyalty and prepaid capabilities through its TSYS
Japan division. Toyota Finance provides credit cards for 7.2 million
cardholders with total transaction volumes exceeding $18 billion while
QUICPay contactless chip-based e-money schemes allows consumers to
register their cards to allow contactless point-of-sale terminal
transactions.

Details

ASU Campus SunCard Adds LifeLock Option

Identity protection provider LifeLock has partnered with Arizona State University’s to offer the ASU “SunCard”
with LifeLock’s identity theft protection services at a discounted rate.
“SunCard” is the official ID for ASU and is used by faculty, staff and
students. The card enables students to receive discounts at a variety of
vendors who have partnerships with ASU through “SunCard”. The card also
works as a declining balance debit card and parents are able to easily
add funds to a student’s account. The “SunCard” program positions ASU in
the forefront among universities, moving away from using Social Security
numbers as student identification.

Details

DCC PATENTS

The European Patent Office (EPO) has ruled in favor of Global Refund and
its Dynamic Currency Conversion (DCC) business against Mainline’s
competing DCC patent. The Mainline patent application for DCC was
originally filed and granted in 2001 by the EPO. The Mainline DCC data
processing procedure, however, was reviewed and consequently revoked
based on research showing preferred currency for payment card
transactions between merchants and cardholders. The EPO decision
confirms the validity Global Refund’s arguments and has eliminated any
risk from Mainline for legal disputes based on the revoked patent.
Global Refund financial services was founded in 1980, has local presence
in 37 countries with over 200 international Cash Refund offices around
the world.

Details

Youbet Signs a Green Dot MoneyPak Deal

Online gambling site Youbet has entered into an agreement with the
Green Dot Financial Network to enable “MoneyPak” prepaid cards to be loaded onto Youbet accounts.
MoneyPak’s customers will be able to enter their local Green Dot Financial
Network retailer, purchase or reload a “MoneyPak” card and will then be
able to transfer their funds to their Youbet accounts in a matter of
minutes. Youbet.com is a domestic online horse
racing and horse betting site, the exclusive provider of live horse
racing footage and racing results to ESPN.com and CBSSports.com and a
leading supplier of totalizator systems to the pari-mutuel industry.
Youbet’s website enables its customers to securely wager on horse races
at over 150 racetracks each year worldwide from the convenience of their
homes or other locations.

Details

BOKU

A San Francisco-based startup has launched a new global mobile payments service for online purchases that could potentially reach 1.6 billion customers via 170 mobile operators. The firm has picked up funding, acquired two established companies and formed a top management team. San Francisco-based BOKU has raised $13 million in venture capital investment led by Benchmark Capital, with participation from Index Ventures and Khosla Ventures. The Company also acquired Paymo, based in San Francisco and the Mobillcash business, originally founded in the UK. BOKU also named Mark Britto as CEO, formerly with Amazon, Ingenico, and FirstUSA; Paul McGuire, previously founder & CEO of Paymo and founder of mBlox; James Patmore as Managing Director of EMEA; and other executives with experience in finance and technology companies including AT&T Interactive, PayPal, Apple, FICO, Google, O2 UK, Bank of America and eBay.

Details

FTC Mails 400K Card Scam Redress Checks

The Federal Trade Commission’s claims administrator mailed more than 400,000
checks on June 12, 2009 to consumers identified as victims of
an illegal credit card billing scam operated by J.K. Publications and
other defendants.T he redress checks are the result of a lawsuit the FTC filed in 1999. The defendants made unauthorized charges on consumers’
credit and debit cards for purported Internet services. The defendants’ records obtained during litigation contained only credit
and debit card numbers. Under instructions from the court, Credit
Reporting Agencies and banks provided the FTC with the names and
addresses associated with the card numbers as of the date of the
charges. Information about the case can be found at
http://www.ftc.gov/os/caselist/9823616.shtm.

Details

Q1 VOLUME

The first prepaid debit card on the Romanian market issued by a banking institution has been introduced. The new “Raiffeisen Bank Visa” prepaid card is also the only prepaid card that enables Romanians to send money domestically from their mobile phones. Customers who buy and load cash on the card can shop online, make purchases anywhere Visa debit cards are accepted, withdraw cash from ATMs worldwide and use the integrated YAP mobile service to send money domestically to friends and family or check balances from their mobile phones with a simple text
message. They can also manage their accounts online. Customers with proper identification can purchase a the new card “off the rack” for 18 RON. Raiffeisen Bank offers the “Raiffeisen Bank Visa Prepaid Card” through a partnership with RevEurope.

Details