Franklin B&T Opts for DCS’ CardWizard

Instant card issuer Dynamic Card Solutions has installed
“CardWizard” software in KY-based Franklin Bank and Trust.
Franklin Bank and Trust allows new customers
who open a checking account, as well as existing customers who need a
replacement debit card, to simply walk into the branch and receive an
unembossed personalized card in a matter of minutes. The Visa debit
cards are printed and presented to the customer at the time of their
visit and can be immediately used when they leave the branch.
Franklin Bank and Trust offers a variety of images that cardholders can
select for their card background including special ‘local’ community
images. Once the background is selected, DCS’ CardWizard software
transfers all personalization data to the FCP 20/20 where the highly
personalized card is securely and immediately printed in brilliant,
high-definition color onto both sides of white blank card stock.

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Mobile Banking and Payments Report Released

Research and Markets has announced the addition of Berg Insight AB’s new report “Mobile
Banking and Payments” to their offering. The strategic research report provides business intelligence and expert commentary on which to
base your business decisions and offers answers the following questions: how will mobile payments evolve beyond premium SMS;
why are public transport organisations adopting mobile ticketing
technology; what is the current status for network independent WAP billing; what will be the future role for transactional networks and
credit cards in mobile payments; when will NFC allow integration of payment cards in mobile handsets; what are the business opportunities for mobile operators in
international money transfer; how can mobile technology be applied to extend the reach of
today’s online banks; what is the true potential for providing mobile financial
services to the unbanked population in emerging markets and who are the most important players to watch in the mobile banking
and payments ecosystem?

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Scotia Momentum Visa Card in Introduced

Scotiabank has introduced the “Scotia Momentum Visa,” offering a full 2% cash back on gas station, grocery store, drug store and recurring-payment purchases across Canada. The new “Scotia Momentum Visa” replaces the discontinued “Scotia Moneyback Visa” product. Other key features of the new card include: full cash back rewards, as opposed to a tiered system of rewards and two per cent cash back can be earned at any merchant classified by Visa as a gas station, a grocery store, a drug store, or as a recurring payment merchant. The new card takes its place in a credit card market where 45% of Canadians say they have not changed their spending habits in the last six months, 36% say they are spending more and 19% spending less, according to a Harris/Decima poll.

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TNB Card Services Signs the Gesa Credit Union

WA-based Gesa Credit Union has transferred its $15 million card portfolio to TNB.
Through the new processing agreement, Gesa plans to add a new consumer
credit card product that will include TNB’s “Rewards2U” . Gesa will also
add a student card to serve its younger members. The credit union will
leverage TNB’s portfolio consultants to assess the portfolio and realign
its pricing based on individual cardholder risk. On April 1, Gesa CU will roll out its new business member program,
including checking and savings accounts, lending, a debit card, and a
business credit card, to target companies operating in the Tri-Cities,
Walla Walla and Wenatchee. The credit union is also handing over the reins of its retail card
processing to TNB after having managed the program internally since its
inception. More than 8,600 card accounts will be converted to TNB’s
processing platform.

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PAGO REPORT

According to the “Pago Retail Report 2008”,
risks of non-payment are much lower for women than
for men. This is indicated by a lower chargeback ratio, which
describes the share of credit card transactions which had to be
charged back after the cardholder rejected the transaction. At roughly
0.10%, female consumers’ non-payment ratio for online purchases paid
for by credit card is only half that of male customers (0.19%). One
year before the opposite was true. This report is based on a sample of
7.5 million real-life purchase transactions
processed through the Pago platform.

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ATM ANTI-SKIM

ADT Security Services
is introducing to North American financial institutions its
“Anti-Skim ATM Security Solution” that helps prevent skimming attempts and
detects skimming devices on all major ATM makes and models. The ADT solution is installed inside
an ATM
near the card reader, making it invisible from the outside. The technology
helps prevent card-skimming attempts by interrupting the operation of the
illegal card reader. The solution also detects the presence of foreign
devices placed over or near an ATM card entry slot, without disrupting the
customer transaction or operation of most ATMs. For effective, layered ATM
security, the ADT solution can trigger a silent alarm for command center
response and can coordinate video surveillance of all skimming activities.

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INGENICO 2008

Ingenico reported that revenue increased by 7% in 2008 largely driven by emerging markets. All regions, except the U.S., reported pro-forma 2008 revenue growth of between 3% and 38%, with the strongest growth rate supported by EEMEAA (Eastern Europe, Middle East, Africa and South East Asia) and China/Asia Pacific which benefited from the contribution of Fujian Landi acquired in June 2008. Profit from ordinary activities amounted to 72.0 million euros in 2008, against 62.5 million euros for 2007. Profit from ordinary activities included price purchase allocation of 19.2 million euros (Planet, Sagem Monetel and Landi) in
2008, against 2.4 million euros in 2007 (Planet). The Company anticipates pro forma revenue to be at minimum stable in 2009
and which could grow up to 5%. Adjusted operating margin objective is expected to be between 12.5% and 13.5% in 2009. For complete details on Ingenico’s latest performance visit CardData (www.carddata.com).

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SUPERVALU Stores Beefs-Up Refund Rewards

Grocery retailer SUPERVALU has rolled out the “refund rewards” loyalty
program that offers up to 10% added to a gift card. Under the “refund
rewards” program, customers who purchase grocery gift
cards in either $250 or $300 increments will get another $20 or $30
added to the card, respectively. Customers who are interested in the
refund reward program can purchase
grocery gift cards at the customer service counters at their local
stores; no tax form or refund check is necessary. Grocery gift card
purchases may not exceed $1,250 per household, not including the bonus
amount.

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AIR MILES SURVEY

AIR MILES “March Break Survey” finds that although 79% of Canadians agree that they are sick of winter and need a break,
close to 50% will not be taking time off because they can’t afford to. However, 31% of Canadians who have children plan to take vacation
time off during this March Break. While that means more Canadians are acting
on their need to recharge, up from 28% in 2008. Canada tops the choice of travel destinations according to the “AIR
MILES Reward Program Survey”. In order of popularity, AIR MILES collectors redeemed
reward miles for travel this March Break to Canadian destinations, Florida,
Las Vegas, California, Phoenix, New York, Mexico, Hawaii, Europe and the
Caribbean with 60% of respondents only planning to
spend $500 or less on travel, accommodation and entertainment expenses
during their time off and they hope to pay off their trips quickly.

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American Consumers Trust Their Primary Bank

New research shows that while Americans’ economic fears continue, there
are some institutions they still trust, particularly their own primary
bank, credit unions and community banks. Synovate found that at the
micro level, consumers do overwhelmingly trust their own primary bank,
regardless of the type of institution (81%). They also trust
credit unions (71%) and community banks (68%). When asked what
individual Americans can do, if anything, to help the
economy get back on track, respondents said ‘buy American made products’
(47%) and ‘cut spending and increase savings’ (29%). A more gloomy
one-third (32%) said there’s nothing individuals can do – that it’s up
to the government or Corporate America to get the economy back on track.
People are obviously fearful about their own personal economic
situations. Interestingly, the number one concern (59%) is that they
will not have enough money for an emergency, followed by losing money on
their investments (38%), losing their jobs (37%) and not being able to
pay the rent or mortgage (35%). Fifty-one percent also say they’re worse
off financially than they were a year ago while only 14% say they’re
doing better financially now.

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DEUTSCHE BANK & LUUP

Deutsche Bank’s Global Transaction Banking has partnered with mobile
payment provider Luup with a
new mobile payment service will allow the Bank’s GTB clients to
offer millions of consumers an instant and secure payments and money
transfer service from any mobile device with any mobile network. The
global mobile money transfer market is projected to reach US$ 21 billion
by 2011. It is the first time a major commercial bank has offered a
cross-border
mobile payments service to its banking and corporate customers.
Deutsche Bank GTB has chosen to partner with Luup because of its proven
technology and experience, strong organization and focus on compliance.

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Paragon Application Systems’ Revenues Soar

E-payment simulation provider Paragon Application systems has reported a jump of 32% in growth for 2008.
In 2008, over 50 new clients turned to Paragon for their testing needs
including one of the largest merchant processors in the world, the
largest payment processor in Canada, and some of the largest processors
in Latin America and Russia. Paragon executed more than 100 agreements
with new and existing customers worldwide and sold over 200 product
licenses for a total of more than 1200. Those projects include implementing contactless card support with a major issuer;
assisting in EMV implementation at several Canadian financial
organizations; facilitating the integration of development teams from 60
countries for a Top-10 bank; implementing test cases to exercise fraud detection for a major
processor; verifying a BASE24 upgrade at one of the largest processors in Russia; assisting with a migration to Postilion software in a major
Middle Eastern bank and refining testing methodologies and instituting ‘best practices’
with a major processor in Latin America.

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