DEUTSCHE CARD SERVICES

Deutsche Bank has launched “Deutsche Card Services” that will further
extend its leading cash management product
range into the merchant acquiring business, providing credit/debit card
clearing and settlement solutions throughout Europe. Deutsche Card
Services will be launched on the basis of the reliable
platform and expertise of Pago eTransaction Services GmbH (“Pago”). Pago
is the technology leader in card-based online payments, offering systems
for the processing of electronic payments to companies in the e-commerce
sector, mail order business as well as brick-and-mortar retailing.

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GLOBAL SELECT CHAIRMAN

E-payment provider GlobalCollect has appointed
Miles Flint as Chairman to its Supervisory Board with
immediate effect. From 2004 to 2007, Mr. Flint was President of Sony
Ericsson Mobile Communications AB (SEMC), where he was responsible for all
aspects of SEMC’s global operations serving consumers and operators alike.
Prior to that, he held various senior positions at Sony for thirteen
years, lastly as President Consumer Marketing for Sony Europe.
GlobalCollect is the world’s premier Payment Service Provider of local
e-payment solutions for international Customer Not-Present (CNP)
businesses.

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EUROCOMMERCE FEE ISSUES

EuroCommerce has today strongly warned
against increases in payment Card Schemes fees being introduced.Card
scheme MasterCard intends to significantly increase its Card Schemes fees
to merchant acquirers for both MasterCard credit and
Maestro debit cards across Europe.
EuroCommerce is also increasingly concerned about proper implementation
of the 2007 decision, following MasterCard’s reduction of its
cross-border interchange fee to zero on 21 June 2008. There are signs
that most banks are failing to understand the decision and refusing to
renegotiate acquiring contracts with merchants to reflect the reduction.
In some markets, MasterCard have
indicated that the domestic card scheme fee will increase by up to 161%.

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BioPay with 5 Million Plus Paycheck Secure Consumers

BioPay now has more than five million consumers enrolled into the “Paycheck Secure” biometric check approval system. The five millionth consumer enrolled this month at Lowe’s Pay and Save
grocery store in Odessa, TX. Pay and Save has cashed more than $275
million in payroll checks for its 130,000 customers who are enrolled in
the system. With the Paycheck Secure system, customers
can enroll at any participating grocery store, liquor store, convenience
store or check cashing location to cash any employer’s paycheck or a
government check with a simple touch of a finger. The system’s quick and simple enrollment process,
coupled with easy-to-use features, helped merchants and consumers
nationwide complete over 53 million transactions worth $23 billion dollars.

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NCR has introduced the RealPOS 70XRT

NCR has introduced the “RealPOS 70XRT” point of sale workstation.The NCR RealPOS 70XRT helps improve customer interactions with advanced
platform technologies that enable retailers to personalize the POS
experience for consumers. High-resolution interactive touch capabilities
and a flexible consumer-facing display system provide a variety of
options for order verification, promotions and loyalty programs. The NCR RealPOS 70XRT helps improve customer interactions with advanced
platform technologies that enable retailers to personalize the POS
experience for consumers. High-resolution interactive touch capabilities
and a flexible consumer-facing display system provide a variety of
options for order verification, promotions and loyalty programs.
The NCR RealPOS 70XRT is designed to improve associate productivity with
user-friendly interaction that is fast, reliable and flexible. With its
intuitive touch screen interface and powerful multimedia capabilities,
the NCR RealPOS 70XRT can run the latest POS, back-office and training
software applications to improve efficiency and empower employees.

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Global Payments 3Q/08 Revenues Rise 30%

Global Payments reported third quarter revenues grew 30% to $405.8 million compared to $311.0 million in the prior year. GPN says that based on current performance, annual revenue is
predicted to rise $1,680 million this fiscal year. During the first quarter, the company began assessing its operating
performance using a new segment structure. The segments are now defined as North America Merchant Services, International Merchant Services, and Money Transfer. The company made this change as a result of its June 30, 2008 completion of a joint venture with HSBC in the United Kingdom, in addition to anticipated future international expansion. For more
details on Global Payments’ third quarter results visit CardData ([www.carddata.com](http://www.carddata.com)). (CF Library 6/18/08; 6/17/08; 6/26/08; 6/25/08; 6/16/08; 7/25/08)

GLOBAL PAYMENTS REVENUES
2Q/07: $280.1mm
3Q/07: $311.0mm
4Q/07: $308.8mm
1Q/08: $310.6mm
2Q/08: $343.8mm
3Q/08: $405.8mm
Source: CardData (www.carddata.com)

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Tier Technologies Appoints David Poe to Board

VA-based Tier Technologies had appointed David Poe, previously consultant to Edgar, Dunn, to the Board of Directors. Poe has served as a consultant and director of Edgar, Dunn &
Company, an independent global financial services and payments
consultancy since March 1980. From March 1998 to May 2008, Mr. Poe
served as Chief Executive Officer of Edgar, Dunn & Company.

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NACM Credit Manager’s Index Hits New Low

MD-based NACM Credit Manager’s Index hits new low. The CMI plummeted a record 3.3% to reach a historic low of 47.4, clearly
indicating economic contraction. The survey resulted in numerous other
negative records. All 10 components of the Combined Index fell, leaving
eight below 50 and seven at record lows. The manufacturing index fell
2.5 to a record low of 47.9 as seven components fell, leaving a record
seven components below 50 and three at their lowest levels ever. In the
service sector, the index fell 4.2 to a record low of 46.8 as a record
all 10 components fell, leaving a record eight below 50, and three of
the components at their lowest levels ever. Sales were particularly hard
hit in both manufacturing and service sectors, falling 12.2 and 10.1
respectively, both to historical lows and both below 50. The National Association of Credit Management supports more than 19,000 business credit and
financial professionals worldwide with industry services, tools
and information. NACM and its network of Affiliated Associations are the
a resource for credit and financial management information which improve the
management of business credit and accounts receivable.

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Calabrio Introduces Compliance Recording and Quality Management

Contact center optimizer Calabrio has introduced “Calabrio Compliance Recording and Quality Management” solution. Enhancements include a stand-alone bundle for
compliance recording, PCI (Payment Card Industry) compliance. This new
release provides contact centers with the ability to purchase 100%
voice-only recording as a stand-alone for a cost-effective solution for
compliance and dispute resolution. Organizations can choose to record
all calls for everyone, or for specific teams of agents and knowledge
workers configured in the system. Advanced query options, provided
through APIs, let users find recordings quickly and easily among
thousands of logged interactions.

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MagTek’s Move Double Their Capacity

Electronic processing solution provider MagTek has moved to a new site in California to double its capacity for R&D space, office, showrooms,
warehouse storage and manufacturing operations. MagTek is a provider of technology that makes
electronic transactions faster, more dependable and more secure that include swipe and motorized card readers/encoders, secure magstripe card readers, high-accuracy check readers and scanners, instant card personalization systems, robust PIN management systems and identity and credential verification systems. The new facility will also be home to Magensa, LLC, a wholly owned
subsidiary of MagTek that provides cardholder data protection and
credential authentication services.

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MICROPASS STICKERS

INSIDE Contactless has rolled out samples of the first MicroPass(R) contactless prelam stickers for secure payments are now available for
card manufacturers. INSIDE’s new sticker technology combines the
award-winning MicroPass 4003 contactless payment platform – designed
from the ground up to support open loop contactless payment applications
– with a tuned RF antenna in a compact, shielded prelam for payment
sticker applications. The contactless sticker form-factor is rapidly
gaining popularity as a way to turn mobile phones, company IDs or just
about anything else into a convenient payment device. INSIDE’s innovative shielding design improves performance by protecting
the chip and antenna inside the sticker from interference that might be
caused by the radio signals used by mobile phones and other electronic
devices.

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