COLLIS & GPN

Global Payments has selected Netherlands-based Collis/B2 Processing
Solutions Inc. to provide EMV Chip testing and certification tools for
its POS solutions. Collis’ testing platform provides Global Payments
with the ability to validate the functionality and
performance of Canadian card payment networks’ contact and contactless
cards on its solutions. Utilizing the Collis platform, Global Payments
is also able to test International cards that may circulate with the
expansion of EMV Chip in Canada. Global Payments offers a comprehensive
line of processing solutions for credit and debit cards,
business-to-business purchasing cards, gift cards,
electronic check conversion and check guarantee, verification and
recovery including electronic check services, as well as terminal
management. Collis provides design and testing of smart card based
electronic transaction systems.

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MasterCard Kicks-Off the Overjoy of Giving

MasterCard has launched the “Overjoy of Giving” holiday promotion that
gives cardholders the chance to win two identical prizes, one to keep
and one to give. Nine winners will be selected each week of the
promotion and will each choose from a pool of four prizes: 2 cars, 2
trips, 2 shopping sprees or 2 home makeovers from The
Home Depot®. Consumers will receive double entries into the sweepstakes
every time they use their MasterCard cards at the approximately 2,200
participating The Home Depot stores or online. In addition to the
“Overjoy of Giving” Sweepstakes, consumers can also participate
in the Instant Win Game on priceless.com. Consumers can play up to 10
times per day, every day, for a chance to win two, $500 The Home Depot
or MasterCard Gift Cards. There will be one instant winner each day of
the promotion.

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WINCOR NIXDORF 2007

Wincor Nixdorf AG has closed fiscal 2007/2008 at the end of September
2008 with an 8% increase in net sales, or 11% adjusted for exchange rate
effects. EBITA increased by 11%, matching the forecast the Company
issued at the beginning of the fiscal year despite a sharp deterioration
in general conditions since then. The growth rates achieved in fiscal
2007/2008 were again above Wincor Nixdorf’s long-term targets of an
average of 6% for net sales and 8% growth in EBITA per year. Wincor
Nixdorf has further improved its basis for business with retail
banks and retailers by expanding its activities during the past twelve
months. Global expansion was continued systematically, reducing
dependence on individual customers or singular economies and the company
was able to enlarge its portfolio of solutions by adding further
innovations that enable banks and retail companies to achieve
significant cost advantages and additional customer service in their
business processes.

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JAPAN INDEX

The Conference Board reports that the leading index for Japan decreased
1% and the coincident index decreased 0.1% in September. The leading
index declined sharply in September, and the weaknesses
among its components continued to be widespread. Stock prices made the
largest negative contribution to the leading index in September, while
business failures (inverted), the Tankan business conditions survey,
dwelling units started and the six-month growth rate of labor
productivity all made substantial negative contributions. The six-month
rate of change for the leading index fell to -3.2% from March 2008 to
September 2008, down from the -2.5% decline
during the previous six-month period from September 2007 to March 2008.
In addition, the weaknesses among the leading indicators have been very
widespread in recent months. Five of the ten components that make up
the leading index increased in September. The positive contributors to
the index — in order from the largest positive contributor to the
smallest — include the new orders for machinery and construction
component, interest rate spread, the index of overtime worked, real
operating profits, and real money supply. The negative contributors —
in order from the largest negative contributor to the smallest —
include stock prices, the (inverted) business failures*, the Tankan
business conditions survey, the six month growth rate of labor
productivity, and dwelling units started. With the decrease of 1% in
September, the leading index now
stands at 80.5 (1990=100).

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WU & PAGO DE SERVICIOS

The Western Union Company has launched “Pago De
Servicios”, a walk-in cash bill payment service that will provide
consumers with a quick and convenient way to pay for services
such as mobile phone service, utilities and other recurring household
bills. The introduction of “Pago De Servicios” expands the
international footprint of Western Union’s consumer-to-business segment.
While
consumer-to-business revenues comprise just 13% of Western
Union’s total revenue, annual transactions have grown from 145 million
in 2002 to 404 million in 2007. Earlier this year, Western Union
announced its intention to further develop this important segment
through active global expansion.

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Price is the Deciding Factor with Processors

A new survey found that 72% of businesses rated “Price” as either the “Most Important” or “Important” factor in choosing a credit card processor. The research by Transparent Financial Services also found that 40% would require less than $50 per month savings to switch to another processor/merchant account provider and that 60% rated promotional offers, such as free terminals, as “Least Important” or “Unimportant.” Additionally, the reputation of the processor was most frequently cited as the second most important factor and existing relationships with the salesperson or broker was rated as the second least important factor. Transparent Financial Services suggests the industry should consider changing the sales model to better reflect the needs of customers: aggressive pricing and top-notch customer service.

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MASTERCARD CAP

MasterCard announced that recent launches of a secure online credit card
payment solution by KBC and Fortis in Belgium; Nordea in Sweden; and Bank Koper
in Slovenia , alongside 70 other banks, using a personal card
reader based on the “MasterCard Chip Authentication Program” to
authenticate themselves during online banking for over 2 million European cardholders
have now extended this service from e-banking to e-commerce.
The MasterCard Chip Authentication Program is a two-factor
authentication solution, available to all banks, based on something you
own (a bank card), and something you know (the PIN).
By making online bank card payments convenient and as easy as online
banking, â˜Chip & PIN’ credit cards have the potential to give internet
sales a real boost. The added confidence that the “Chip Authentication Program” and “MasterCard
SecureCode” bring to online payments will also give European consumers
even greater peace of mind and help promote the growth of e-commerce in
Europe. With this new solution banks can now meet
their customers’ requirement: no need to register or create a new
password, no need to set up an account with a third party.

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GLOBAL GDV

The Visa and MasterCard global gross dollar volume (GDV) year-on-year growth rate has declined for three consecutive quarters.
MasterCard’s GDV annual growth rate has declined to 15% while Visa’s GDV annual growth rate has slipped to 16%, during 2008. MasterCard’s GDV growth fell sequentially in all of its six regions during the third quarter, falling from an annual GDV growth rate of 20% in the first quarter and 18% in the second quarter to 15% in the third quarter. Visa’s GDV growth declined sequentially in all of its five regions during the third quarter, falling from an annual GDV growth rate of 22% in the first quarter and 19% in the second quarter to an estimated 16% in the third quarter. (Visa’s statistical information lags by one quarter). However, Visa reported that growth in “VisaNet” transactions has slowed from 15% in the first quarter to 13% in the second quarter to 11% in the third quarter. For more details on Visa and MasterCard third calendar quarter performance visit CardData (www.carddata.com).

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Level Four and Polaris Software Team

ATM software provider Level Four has established a new global
partnership with Polaris Software Lab Limited to offer a complete
end-to-end outsourced testing solution. Customers who deploy
BRIDGE:test as part of an outsourcing strategy with
Polaris can achieve an optimal balance of cost and control as well as
greater overall efficiency. Testing phases are shorter through a greater
degree of automation and tests will be executed by testing professionals
with specific ATM sector knowledge, according to a specially developed
methodology by Polaris. Level Four’s BRIDGE suite of open standards ATM
software products has
been developed to address the needs of ATM deployers seeking to maximize
their investment in the ATM channel.

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PAYROLL CARD

Mint Technology has signed a contract with Transguard Group to manage a
prepaid payroll card for Transguard’s migrant workforce.
The contract engages Mint to manage 15,000 payroll cards issued to
Transguard’s core employee group. The payroll cards will also include a money transfer function
that can be accessed from employees’ mobile phones, providing workers
with an inexpensive money transfer function as an alternative to global currency
companies. Transguard is a wholly owned subsidiary of
Emirates Group, one of the largest employers of foreign labor in the United
Arab Emirates. Additionally, Mint is in advanced negotiations to roll out similar
programs with three other employer groups in the UAE.

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Radiant Signs Back Yard Burgers

MS-based Back Yard Burgers has selected Atlanta-based Radiant Systems’
POS hardware and software solution for 250 locations. Back Yard Burgers
plans to install new “P1220” POS
hardware terminals, Radiant kitchen video displays, Aloha QuickService
POS software, Aloha Configuration Center database management
application, MenuLink.Net back office application and Aloha Command
Center platform in 250 Back Yard Burgers locations. MenuLink.Net and the
Aloha software easily integrate – creating an end-to-end technology
solution that will streamline store operations from the front of house
to the back of house to corporate headquarters.

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