RDM & FAPS

E-payment solution provider RDM Corporation announced that First
American Payment Systems L.P. has agreed to sell RDM’s suite of RDC
products including the “ITMS Simply Deposit” and “WebClient” products.
“Simply Deposit” is an RDC solution designed specifically for small
business, requiring little to no end user training. The “ITMS
WebClient” is a feature rich RDC solution that is ideal for corporate
and business environments that have many points of remote or distributed
capture locations, as well as those who have large central processing
centers. “The Simply Deposit” and the “WebClient” products save the end user the time and transportation expenses associated with physically depositing checks at the bank and provide faster availability of funds for the depositor. First American Payment Systems currently provides payment processing services to over 100,000 merchants in the United States and is ranked as one of the country’s top privately-owned payment solution providers.

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Merchant Focus Processing Offers R3

Merchant payment solution provider Merchant Focus Processing launched
the “R3” recurring revenue reseller program. “R3” enables resellers who
earn significant ongoing residuals from
their referrals to offer two types of merchant accounts:
Interchange-Plus merchant accounts to their largest most profitable
clients, and normal merchant accounts to brand new businesses.
Established clients qualify for special “cost plus” processing with no
monthly fees of any kind through a proprietary co-branded referral
splash page, at which point these larger clients receive custom
proposals for their high volume credit card processing. New businesses
apply for low cost Two Tier billing accounts directly through a
co-branded online application featuring instant merchant id numbers.
Both types of merchant accounts feature no termination penalties and
guaranteed pricing, key components of merchant friendly practices. A
dynamic resource portal has been created at
www.R3SELLERS.com which provides valuable information on the benefits of
being an R3 reseller, the recurring revenue opportunity, examples of
co-branded landing pages, and access to tools such as online residual
reports, links to the underwriting database, and R3 marketing solution.

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AMEX INTL 4Q/08

American Express reported that its International Card Services unit produced fourth-quarter net income of $36 million, compared to a net loss of $68 million a year ago. While cardholder spending decreased 14% and charge-offs topped 3.0%, expenses for marketing, promotion, rewards and cardholder services decreased 53% from year-ago levels. Total outstandings for international cards dropped to $9.4 billion, from $12.5 billion in the prior quarter, and $11.4 billion one-year ago. Volume declined from $28.2 billion for 4Q/07 to $24.2 billion for 4Q/08. Total number of international cards was 16.3 million at the end of the quarter. Global Commercial Services reported a fourth-quarter net loss of $18 million compared to net income of $110 million a year ago, due largely to the acquisition of a commercial card and corporate purchasing unit in March 2008. Global Network & Merchant Services reported fourth-quarter net income of $215 million, down 15% from a year ago, reflecting lower merchant-related revenues from the decrease in global card billed business, offset in part by higher revenues from GNS’ bank partners. For complete details on American Express’ U.S. and international cards businesses visit CardData (www.carddata.com).

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TIETO & FDC

First Data has partnered with Tieto to offer a new payment solution based on the Tieto Card Suite Acquiring module designed to simplify and speed up the payment process for both state institutions and their end customers. The service is a convenient way of making
payments instead of multiple bank transfers. The end users will now be
able to pay for the services of Latvian state institutions with a
payment card. The Tieto solution’s configuration possibilities allow for automatically splitting the transaction amount into several dedicated accounts. State institutions benefit in terms of fewer queues, a significant decrease in manual work as well as in transaction cost savings leading to generally improved work efficiency. Tieto is an IT service company providing IT, R&D and consulting services.

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TSYS Revenue Rises 8% Despite Lower Volume

TSYS reports that total revenues grew 8% to $493 million and net income
soared 45% to $66 million for the fourth quarter. North America Services
revenue was up 6% to $343 million even though the number of transactions
processed slipped 4% to 1.7 billion and the number of accounts on file
declined 9% to 319 million. Global Services’ revenue increased 14% to
$71 million and was unfavorably impacted by the strengthening of the
U.S. Dollar against the British Pound. Merchant Services’ revenue was
$79 million for 4Q/08, an increase of 7% over 4Q/07. During the quarter,
TSYS signed an agreement with Unicard Mexico;
began offering merchant payment services to PaySquare in the Benelux;
opened a new data center in Okinawa, Japan and signed AZ Card, OCS and
Nagasaki Kenmin Shinyo Kumiai to service 340,000 accounts; signed a
multi-year agreement with Sony Finance to process its newly introduced
credit card program; and announced that China UnionPay Data Services, a
joint venture with China UnionPay, signed processing agreements with
China Postal Savings Bank and Bank of East Asia. For 2009, TSYS projects
total revenue growth between 0% and 2% or $1.94 billion to $1.98 billion
and that net income will be flat or shrink up to 3% or between $243
million and $250 million. For complete details on TSYS’ fourth quarter
performance visit CardData ([www.carddata.com](http://www.carddata.com)).

TSYS REVENUE
4Q/07: $458 million
1Q/08: $462 million
2Q/08: $483 million
3Q/08: $500 million
4Q/08: $493 million
Source: CardData (www.carddata.com)

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NEXTEL & NCR

Telecom provider Nextel and ATM provider NCR Corporation have teamed to provide a self-service bill payment solution. The NCR self-service bill payment solution deployed by Nextel includes a managed services agreement that provides hardware and software service, remote system monitoring and 24/7 help desk support. NCR Services are
designed to help businesses enhance customer interactions, reduce costs
and improve the effectiveness of the self-service channel through
increased availability. The solution is based on the NCR “SelfServ 32”
automated teller machine platform and is designed to enhance
service by allowing Nextel customers to quickly pay their bills without
staff assistance, using cash, credit cards or debit cards. Currently, the NCR “SelfServ” ATMs are installed at Nextel Customer Services Centers in Mexico City, Guadalajara, Monterrey and Mexicali with plans to install the machines in 24 other major cities throughout Mexico.

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Profit Technologies Adds Two Execs

Profit Technologies has hired Larry Pruss, previously with BoA, as
Managing Director for the Loans and Credit Card practice, and Gautam
Bose, previously with Wachovia, as Managing Director for Analytics.
Pruss served as Card Services Portfolio Analytics and Testing Executive
at Bank of America and his executive leadership
experience includes analytic, portfolio acquisition, and loyalty
marketing organizations. He has a proven track record of working across
functional silos; driving growth, reducing risk, improving operating
efficiencies, and increasing profitability. Bose served as the Business
Insight Executive at Wachovia Card and Payments Group. He also has
leadership experience in Marketing and Risk analytics and in Predictive
Model Development and Implementation. His initial role with Profit
Technologies will be to develop innovative analytical engagements with
clients globally. Profit Technologies provides specialized
profitability and performance improvement solutions to enterprises
worldwide, producing
over $12 billion in enhanced revenue and cost reduction benefits for its
clients.

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VENTURE INFOTEK & RBNQ

Transaction management company Venture Infotek has been
declared the winner of the prestigious IMC Ramkrishna Bajaj National
Quality (RBNQ) Award Program ’08 in the Small Business category. Venture Infotek manages payment card and other transactions emanating from over 140,000 merchant locations in India, and managed card issuing programs for over 5,000,000 cards. Last year Venture Infotek processed 150 Mn transactions and commerce of Rs. 35,000 Cr.

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Socialwise Prepaid Debit Card Coming

Prepaid card solution provider TransCard has teamed with CA-based
Socialwise to offer a prepaid debit card to be used for online gift
giving. TransCard has developed a turnkey card program for Socialwise,
complete with total platform integration with their internal systems.
Along with using TransCard’s technology to perform back-end functions,
Socialwise and TransCard will offer a Socialwise-branded prepaid debit
card. Socialwise is changing the face of the gift-giving industry with
unique online applications such as “BillMyParents”, which allows parents
to safeguard their children’s purchases, and “Gimme!”, a way to organize
group gifting through donating to select gift cards. With the
Socialwise Group Gifting Platform, multiple people can contribute to
online purchases. TransCard handles nearly $2 billion in
electronic transactions annually.

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MOBICLEAR PIVOT

mobiclear has introduced a personal identification verification
technology branded under the name “PIVOT” to emphasize that it provides
“Personal Identification Verification On – Time.” The enhanced
technology is intended for use in relatively small local functions as
well as major, international applications. “PIVOT” significantly enhances the security of transactions since it provides “out of channel authentication,” or “ooca,” otherwise known as “out of band authentication,” or “ooba” using two independent communication channels. “OOCA/OOBA” is more secure than the traditional “two factor authentication” using a simple token, that still traverses the single channel of the personal computer.

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Next Gen Embedded Thermal Printers Debuted

New low-voltage direct thermal printer mechanisms for mobile POS
devices have been introduced by Seiko Instruments USA. The new “LTPD”
and “CAPD” embedded printers are 2″ and 3″ and offer accelerated
transaction performance, lower end-user downtime and operating
costs. All mechanisms benefit from a new angled paper guide that
shortens the distance between the printer and the paper roll,
effectively reducing overall design depth. The flexible print circuit,
connecting the mechanism to the PCB, is also redesigned with a smaller,
0.5mm pitch and a framed ground line that protects against electrostatic
discharge, without extra wiring. Fixing points are now housed
within the footprint of each printer, enabling mechanisms to mount flush
with the chassis of the OEM device. The 2″ print width mechanisms now
delivers 100 mm/sec print speeds and 3″ print width models offer 80
mm/sec. Printer drivers are available for Microsoft “Windows XP,”
Microsoft “Windows Vista,” “OPOS,” and “Linux” operating systems.

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