AmEx & IN-ROOM-MD

American Express Canada has partnered with InRoomMD to provide its
Canadian cardholders the “Travel Healthcare Concierge” service to make
navigating the health care system a breeze in case of illness or injury
while traveling in the U.S. The “Travel Healthcare Concierge” offers
eligible American Express card members/family an alternative to
expensive ER visits with prompt InRoomMD treatment in their U.S. hotel
room at any hour of the day. Additionally, automatic access for
physician telephone consultations, express emergency care triage,
replacement eyeglass/contact lenses, medication, prescriptions, dental
and chiropractic care, medical specialist referral and durable medical
equipment rental is given to AmEx Canada “Platinum Card”, “Business
Platinum Card” and the “Centurion Card” members. American Express in
Canada operates as Amex Bank of Canada and Amex Canada Inc and employs
3,700 Canadians while InRoomMD’s “Travel Healthcare Concierge” program
made available through a partnership of insurance companies, credit
cards and affinity groups.

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Glimmer of Optimism Spreads Among U.S. Workers

More evidence mounts that American workers see glimmers of hope that the economy is headed in a more positive direction. More than one-third of workers and 31% of retirees expect the current economic crisis to be better by the end of 2009. According to the Principal Financial “Well-Being Index,” 41% of workers say it will take only two to five years to recover the retirement balances they had at the beginning of January 2008. While 15% think it will take six to 10 years, only 3% of workers think they will never recover their account balance.
Principal also found that 48% of workers and 42% of retirees say they paid more often with cash than with credit cards in the past six months.
Other changes: half of retirees and six of 10 workers are preparing more meals at home instead of eating out; three of 10 workers indicate they have started bringing their lunch to work; and more than a quarter of both retirees and workers have started to “shop” in their own closets instead of making new purchases. Thirteen percent of workers said they are delaying their planned retirement date because of current economic conditions, an increase from 10 percent of workers in first quarter of this year.

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NBB PLATINUM

NBB (National Bank of Bahrain) has introduced its “Platinum Visa Card” to
offer cardholders special, exclusive privileges. The new “Platinum Card”
allows holders to create a unique design with features such as access to
over 500 premium international airport lounges world-wide through
Priority Pass membership, travel accident insurance of up to US$250,000,
discounts through international brands around the world and purchase
protection through automatic short-term insurance. The “NBB Platinum” card
also offers cardholders 24-hour emergency medical and legal advisory
service through its affiliates when traveling abroad.

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APACS RE-DO

The trade association for the cards industry in the U.K. is undergoing a makeover including a new name and an updated website. APACS has been
the umbrella name for the co-operative activity of banks, building
societies and card issuers on payments and payment systems since the
mid-80s, but over the next two months it will be moving away from the
use of the name APACS in favor of names that better describe the various
parts of the payments industry, such as the Payments Council, The UK
Cards Association and the different clearing companies. As a result, the
UK Cards Association was formed in April 2009 as the successor body to
the APACS Card Payments Group. The UK Cards Association is responsible
for formulating and implementing policy on non-competitive aspects of
card payments including codes of practice, card fraud prevention, major
infrastructural changes, development of standards and other matters
where cross-industry benefits are identified.

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Credit Karma Offers a Credit Report Card

The Credit Karma consumer advocate website has released its “Credit Report
Card” Web-based tool to provide clarity on the ins and outs of a
consumer credit score and how to actively improve credit health at
www.creditkarma.com/creditreport. “Credit Report Card” discloses
consumer credit card use, length of credit history, on time payment
history, number of accounts and the number of credit inquiries are the
most influential factors on credit health and allows patron members to
compare their personal credit performance to other Credit Karma members.
Credit Karma provides consumers free access to their credit score along
with a range of tools and informational resources to monitor and manage
credit.

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Discover Intros its 1st Co-Branded Charity Card

Discover has unveiled its first-ever co-branded charity card.
The new “Children’s Miracle Network Discover Card” enables users to earn
unlimited rewards on all purchases, including “2% Cashback Bonus” on
each donation they make to Children’s Miracle Network using their
co-branded Discover Card within the first year. Plus, they will earn 5%
“Cashback Bonus” all year long in such categories as travel, gas,
groceries, restaurants and more. In addition, cardholders are able to
donate all of their rewards back to Children’s Miracle Network if they
desire. In addition for every cardholder who makes $500 in purchases
within six months of being approved for the new card, Discover will make
a $100 donation to Children’s Miracle Network. Children’s Miracle
Network is an international non-profit organization that raises funds
for more than 170 children’s hospitals.

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CDA Provides Customer with Financial Control

Javelin Strategy & Research has released its data report, “The
Customer-Driven Architecture: Interactive Financial Services Technology
in the iPhone Era”, demonstrating customers most seek financial
institutions offering ultimate financial control through Customer-Driven
Architecture (CDA). The CDA framework is outlined in the report to show
institutions how to prioritize technology investments for interactive
monetary control through phones, hand-held devices, computers and retail
stores. Additional Javelin findings show 60% of online consumers log
into online banking every week, 20% of smart phone owners who use mobile
banking do so on a daily basis and always-on access constitutes a demand
for increased real-time solutions such as instantaneous bill/check
posting; real-time account information; embedded control options;
all-in-one financial dashboards; and integrated security.

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Triton to Deploy RKT in the US and Canada

Off-premise ATM provider Triton is deploying its Remote Key Transport
(RKT) solution in Canada and the United States this summer, allowing
distributors to save money loading keys remotely. Initially made
available to United Kingdom institutions in March, RKT will also be
available in Australia and South Africa before the end of the year. The
Triton RKT solution is supported by keypads on most Triton model ATMs,
provide improved security and improved ATM uptime since keys can be
changed at anytime remotely. MS-based Triton provides affordable ATM
service through its nearly 200,000 installations in over 24 countries
worldwide.

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MasterCard Stockholders Reelect Four Directors

At yesterday’s MasterCard “Annual Meeting of Stockholders,” Richard
Haythornthwaite, David Carlucci and Robert Selander were reelected as
“Class A Directors” with a term to expire in 2012. Steven Freiberg, EVP
of Citibank, was reelected as a “Class M Director” until 2012.
MasterCard’s Board also announced that the program to convert or
transfer of up to 11 million shares of “Class B” common stock into
“Class A” common stock has been closed. The Board also declared a cash
dividend of $0.15 per share, payable on August 10, 2009, to holders of
record of its “Class A” common stock and “Class B” common stock as of
July 10, 2009.

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One-Third of U.S. Physicians Do Not Take Cards

A new survey has found that 33% of U.S. physician offices do not accept
credit cards as a form of payment, a 5% increase since last year’s
survey. According to SK&A Information Services’ “Physician Office
Credit-Card Acceptance Survey,” the offices that accept credit cards
most often are those of plastic surgeons, with a 91% acceptance rate,
while pathology offices accept them the least, with a 21% acceptance
rate. Other specialties with high acceptance rates include Ophthalmology
(84%); Bariatrics (83%); Otolaryngology (83%); and Dermatology (81%).
Specialties with low acceptance rates include: Dialysis (27%); Geriatric
medicine (32%); Nuclear medicine (35%); and Critical-care medicine
(37%). Additionally, SK&A found that of those offices who accept credit
cards, 66% take either MasterCard or Visa. The least accepted credit
card at U.S. physician offices is American Express, at 27.7%.

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FINO-TATKAAL

Financial Information Network and Operations (FINO) has launched its
“Fino-Tatkaal” biometric authentication-based transaction remittance
services for its smart card solution to efficiently connect remitter and
beneficiary. Additionally, the service enables domestic and
International remittance using its own fast, safe, inexpensive delivery
channel currently available in Shivaji Nagar and Dharavi in Mumbai
through the Union Bank Of India. The “Fino-Tatkaal” convenience and cost
effectiveness has already made it popular among the migrant worker
community. FINO is available through 1200 locations in 16 states with
4000 Business Correspondent( Bandhu) in India. The FINO multi-bank
promoted company provides smart card based multi application solutions
to unbanked consumers in banking, microfinance, insurance and government.

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