CUP MALAYSIA

Global Payments Asia-Pacific Limited has launched the “China UnionPay”
card acceptance service to merchants
in Malaysia. This service allows the merchants to accept electronic card
payments from CUP cardholders at their stores. The launch marks an
extension of Global Payments’ CUP card acceptance programme, which
previously had been offered in Hong Kong and Macau. There are 1.8
billion CUP cards in circulation and the rising
number of Chinese tourists visiting Malaysia, this new service empowers
Malaysian merchants to capture the fast growing spends of these Chinese
visitors, who today pay mostly with cash. Global Payments Asia-Pacific
Limited, currently
serving merchants in 11 countries and territories across Asia, is the
largest pan- Asian card processing company in the region.

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nFinanSe Cards to be Enhanced by RocketBux

Users of nFinanSe’s prepaid cards will be able to download coupons to their mobile phones this summer thanks to a potential partnership with OR-based RocketBux. The technology will deliver scannable bar code coupons to “opted-in” nFinanSe cardholders who simply swipe their card at a retailer’s POS. Participating merchants can also elect to send targeted coupons directly to the phones of customers that carry the nFinanSe card. The RocketBux white-label platform is the only solution in North America that effectively links all types of payment and loyalty cards to the 240 million U.S. mobile phones without having to download a special application to the phone. Virtually every mobile phone sold in the last four years comes equipped with a browser to open a link to a coupon. After a cardholder has opted in to receive coupons and potentially indicated offer preferences, they will receive a text message with a link to a branded, barcode coupon. To redeem the offer, the cardholder would visit the location and at checkout, simply open the link and present his cell phone to have the barcode scanned. RocketBux technology delivers a 1D barcode that is scannable using industry standard, retail barcode scanners.

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Fitch Puts 1/3 of ABS Transactions Under Review

Fitch Ratings’ “SMARTView” has placed 194 classes of U.S. credit card
ABS transactions “Under Analysis”. The 29 classes of
U.S. credit card ABS transactions issued by 1st Financial Bank have
extended their ‘Under Analysis’ status from the previous month, awaiting
additional analysis or information. Fitch will be issuing a rating
action within 30 days. Of the 619 classes of Fitch rated U.S. Credit
Card ABS transactions
totaling $ 299.4 billion, 396 were designated with a SMARTView date of
May 26, 2009, indicating that no in-depth review is necessary.

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GLOBALCOLLECT & SONY

Payment service provider GlobalCollect has partnered with Sony Music to
offer consumers digital downloads. GlobalCollect’s
single-interface online payment platform, “WebCollect”, offers fans a
broad array of payment products form credit cards to alternative payment
methods to purchase MP3 music downloads. With the help of a viral
widget, a software embedded into
online platforms and social networking sites, Sony Music is driving
traffic directly to the website of an artist to allow fans to share
information and to download the artist’s repertoire. GlobalCollect is a
full service
partner consulting clients on how to increase transaction volumes,
expand distribution channels, and reduce costs by streamlining back
office processes. At a later stage, the
e-commerce offer will be expanded to include artist merchandise, concert
tickets, and more.

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BNZ & NCR

One of New Zealand’s largest financial
institutions, BNZ will deploy NCR
SelfServ ATMs equipped with combined dual-roll two-sided thermal
printing technology. 2ST is patented NCR technology that enables
businesses to print on both
sides of a thermal paper receipt, reducing paper consumption by as much
as 45 percent. With the increased printing space available on 2ST
receipts, BNZ will be
able to improve its one-to-one customer marketing, communicating with
existing and prospective customers with additional offerings from the
bank. The NCR SelfServ family offers
bill payments and no-envelope intelligent cash and check deposits,
PCI-compliant encrypting PIN pads and unique malware
protection from Solidcore for APTRA™. NCR SelfServ also is the only ATM
family to feature protected USB technology, which allows financial
institutions to add new features to the ATMs quickly without
compromising the security of the ATM. NCR SelfServ ATMs feature
“self-healing” capabilities that automatically
recover from soft failures without intervention, reducing recovery time
from three to four hours to just ten to 15 minutes. BNZ will deploy 2ST
on more than three dozen NCR SelfServ ATMs,
including the SelfServ 22, SelfServ 25 and SelfServ 34.
countries.

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CEE ATMS

The ATM market in the Central & Eastern European region grew by 28% last year. Among the countries studied, the greatest absolute growth occurred in Russia, where an additional 19,000 ATMs were installed during 2008. According to the study by Retail Banking Research, Russia is now Europe’s largest ATM market, and SberBank has become its largest deployer, increasing its installed base to 17,500. SberBank and the three other large Russian state-owned banks ?Bank of Moscow, GazPromBank and VTB24 accounted for one third of new installations in Russia in 2008. According to the RBR report 4.2 billion cash withdrawals were made at CEE ATMs in 2008, up by 17% on the previous year. Average usage in CEE fell by 9% to 2,267 cash withdrawals per terminal per month as the increase in the number of installations continued to have a diluting effect on transaction volumes. Estonia’?s machines recorded the heaviest usage at 4,961 cash withdrawals per ATM per month, while Kazakhstan witnessed the lowest level at just 1,148. RBR also found that “Windows XP” has been the most popular ATM operating system in CEE since
2006 growing to a market share of 85% in 2008.

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UPCLICK

Payment processor UpClick is offering free payment processing to online
merchants. UpClick’s offering eliminates processing fees, while also
driving
additional revenue to a software company’s bottom line by offering
complementary, non-competitive offers at the point of checkout.
Merchants choose the offers that are displayed on their checkout pages
from products they own or from those of other merchants in the network.
Processing fees are eliminated for all merchants, whether or not their
customers accept the offers, and the aggregate sales across the UpClick
affiliate network fund the free transactions. Companies that use
UpClick to process payments are also eligible—but not
required—to cross-sell their products via the platform, and when a
shopper chooses to accept an offer that is presented to them at
checkout, subsequent revenues are shared between all parties involved.
The company also today
announced early adoption of its platform by more than a dozen software
publishers, including Avanquest Software, Sunbelt Software and Ashampoo.

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WU & GARANTI

The Western Union Company and Garanti Bank have announced the launch
of a service that allows online banking customers in Turkey to receive
money transfers directly into their bank accounts. Online banking
customers can also send money from the
website at any time to more than 334,000 Western Union Agent locations
in over 200 countries and territories. The service is aimed at busy
people who do not have time to visit an
Agent location and is available 24 hours a day, seven days a week.
Customers can send and receive funds using their online Garanti Bank
accounts by following a few simple steps. The Western Union Money
Transfer service is available at more than 4,000 Agent locations in
Turkey through Ziraat Bank, Turkish Post, Finansbank, ING Bank,
Denizbank, Fortis, Türkiye Finans and TBank. Garanti Bank is Turkey’s
second largest private
bank with assets reaching in excess of $63 billion.

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UKASH & PAYSHOP

Online payment solution Ukash has entered into a deal with leading
payment service, payshop, to make Ukash available across
Portugal.payshop is a highly regarded partner for Ukash, and its national
network of agents have been through a rigorous process to ensure quality
of service and data safety. Customers who wish to shop online using cash
can now use Ukash as a convenient, reputable and financially anonymous
payment method for use at a large variety of lifestyle, shopping, VOIP,
gaming and gambling websites. The deal will allow customers in Portugal
to buy Ukash vouchers – which
will be available in denominations of 10, 20, 50 and 100 euros – from more
than 3,700 payshop retailers; from supermarkets, to kiosks and
stationers. This deal with payshop extends Ukash’s existing presence in the
Iberian Peninsula. Ukash can be obtained from over 6,000 Correos (post
offices), Telecor and Recarga Express outlets across Spain and in
October 2008 the company signed a deal with Spanish telecommunications
giant Telefónica to make Ukash vouchers available from all traditional
telephone kiosks across Spain. In addition, in April 2009, Ukash
extended its partnership with Spanish partner Telepay by issuing Ukash
online through the consumer site Cuponesprepago.com, which became the
first site in Spain to offer Ukash vouchers online

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TNB Signs Minnco Credit Union

MN-based Minnco Credit Union has selected TNB as card processor. One of
Minnco’s priorities as it partners with TNB is to offer a
full-featured rewards program for members, moving beyond the one percent
cash back reward it has
been offering. In addition to embracing TNB’s “Rewards2U” program,
Minnco will also
work with TNB’s experts on portfolio consulting, so the credit union can
determine both the optimal pricing strategy for the card program as well
as the best products. Minnco is a $150 million credit union with more
than 21,000 members.

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MHI ETC

Mitsubishi Heavy Industries has rolled out a trial for an electronic
toll collection system at the Penchala toll plaza of the
Damansara-Puchong Expressway near Kuala Lumpur. ETC enables collection
of road tolls without requiring
vehicles to stop at tollgates. The trial was launched with support from
the Malaysian government, which is considering upgrading its existing
ETC system to a multi-lane free flow (MLFF) type in order to ease
traffic congestion. For the trial operation, MHI is providing a
roadside communication
system and vehicle on-board units (OBUs). The ETC system being
demonstrated features highly reliable Japanese ETC
system specifications. The system uses active-type dedicated short-range
communication (Active DSRC). Considering the needs of overseas markets,
MHI’s OBU is battery powered and accepts contact-less IC card for
prepayment. Through the demonstration, MHI
aims to prove the reliability of its ETC technology, the new system’s
compatibility with currently operated ETC cards, and its functionality
in mixed operation with the existing system. MHI has been aggressively
marketing this “Global ETC” system with the aim that it will become a
global standard in ETC systems from
Japan. When adopted, the system, which can collect tolls from about
2,000 vehicles per hour, will contribute significantly to easing traffic
congestion.

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