First Annapolis Hires a Citi Exec

First Annapolis has hired Kattia Sigui as a Manager. Kattia’s primary areas of expertise include
call center operations, management of back office processes, and
outsourcing and right-shoring strategies, including vendor selection.
Sigui was previously with Citi as Senior Manager of
the North America Offshore Planning and Strategy effort for the
Global Consumer Group.

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BANKOMAT PROCESSING

Come 2010, SIX Card Solutions is to conduct the acquiring/issuing
processing for the debit sector while SiNSYS will take over the issuing
and processing for the credit card/prepaid sector of PayLife Bank,
Austrian payment card and cashless payment provider as stipulate in
newly-signed processing contracts. This development comes on the heels
of the expiration of PayLife’s processing contract with First Data
Austria and was decided on based on market analysis, request for
Information and request for proposal from all considered bidders. Six
Card Solutions will process for the “Austrian Bankomat” business and its
106,000 “PayLife merchants” while SINSYS will provide transaction
processing for the 1.1 million PayLife credit cards.

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PAYZONE & GLOBALCELL

Consumer payments and cash distribution network Payzone has signed an agreement with Globalcell, the new pre-paid mobile communication service, to offer mobile top up. The only mobile
service in the U.K. that offers prepaid SIM cards in Polish, Russian, Lithuanian, Slovak and in English, GlobalCell is offering free calls to 333 – its Helpdesk and Information line; where customers can obtain information about life and work in the U.K., assistance with their mobile service or answers to almost any question they care to ask in their native language. Bulgarian, Romanian, Latvian and Czech languages
will soon be available. Over 13 billion euros and are handled electronically through the Payzone network of over 240,000 points of service at more than 170,000 retail locations across Europe. Payzone also operates approximately 6,000 ATM cash dispensers in the UK and Germany.

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Management Acquires SunTrust’s Fleet One

The Fleet One management team along with FTVentures and LLR Partners
have jointly acquired TransPlatinum Service. TransPlatinum Service is
the holding company for Fleet One and a wholly-owned subsidiary of
SunTrust Banks. Fleet One was acquired by SunTrust in 2004 as part of
its National Commerce Financial merger. The unit has operated as a
separate business since then. With a national customer base of over
20,000 fleets for acceptance at over 40,000 locations across the
country, Fleet One fuel charge cards are applicable to all vehicle
classes. Financial terms of the acquisition were disclosed.

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TSYS EUROPE

TSYS payment solutions has expanded its European presence with its 17th
open sales office in Warsaw, Poland and has appointed Jerzy Switek the
manager of business development for the region. Due in part to
opportunities recognized in Poland in recent years as a key growth
market with a well developed card issuing and acquiring industry, as
demonstrated by the number of cards in circulation along with the volume
and value of transactions, the newly opened sales office will provide
outsourcing solutions for consumers across the country itself, the Czech
Republic, Slovakia and Hungary. GA-based TSYS provides outsourced
payment services to 300 clients in 75 countries.

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PAY LINX EXEC

Bringing to the organization over 25 years’ industry experience in the
financial services industry, Pay Linx electronic payment cards has
appointed Robert Pearce to its Board of Directors. Most recently serving
as President and CEO of the Personal and Commercial Client Group at BMO
Financial Group, Robert was also VP of Electronic Banking Services for
the organization. Additional accreditation includes his hand in founding
Moneris Solutions electronic payment solutions, Partners First credit
card, his seven years serving on the Board of Directors at MasterCard
International as Chair of the Executive Council for the Canadian Bankers
Association.

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MATICA EXEC

Matica card personalisation machine designer and manufacturer has
appointed Veraje Anjargolian Non-Executive Director. Bringing to the
company eight years’ experience with the Card Printer Division of Zebra
Technologies Corporation, 2 years’ experience with Eltron International
and as a founding member and CEO of Sara Electronics Corporation, Veraje
will be a welcome addition to Matica. Under his leadership, Zebra
Technologies desktop card printing revenue grew from less than US$4
million to over US$100+ million.

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Wincor Nixdorf Names a New U.S. CEO

Five shareholder lawsuits against Diebold alleging violations of federal securities laws were
consolidated into a single proceeding were dismissed with
prejudice in favor of Diebold and the other defendants.On August 22, 2008, U.S. District Court for the
Northern District of Ohio granted the
company’s motion to dismiss the consolidated cases. A separate class action suit against Diebold and certain current and
former officers and directors filed by participants in the company’s 401(k)
plan, alleging breaches of duties under the Employee Retirement Income
Security Act of 1974, remains outstanding.

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DBS & CUP

Nearly 1.1 million Chinese tourists visit Singapore annually, bringing
with them major tourist revenue. In response, Singapore-based DBS Bank
has signed collaborative agreements to allow 1.6 billion Chinese CUP
cardholders to use their payment cards at more retail outlets and POS
terminals across its respective country. In addition to the already 950
DBS ATMs across Singapore and Hong Kong through which Chinese can access
funds, the agreements now will allow for CUP card acceptance for cash
withdrawal at all DBS ATMs across the region. According to DBS, however,
full implementation and all its thousands of merchant partners in
Singapore to sign up for the CUP payment service is expected to take
some time.

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ATM MARKET

The number of global ATM installations grew by 130,000 units last year to a total of 1,778,187, the fastest growth rate in seven years. A new study now projects that global ATM installations will exceed 2.5 million by 2013. London-based Retail Banking Research just released a new survey showing that growth continues to be stronger in the developing and emerging regions such as CEE and the Middle East and Africa. In contrast, growth in the more mature markets of North America and western Europe has continued to slow, with the focus shifting towards replacement terminals. Asia-Pacific remains the largest region and made the largest contribution to the growth in the worldwide ATM base last year, having added over 50,000 machines. China alone accounted for a staggering 40% of this increase. CEE also stood out, contributing 25% of growth despite only representing 7% of the global ATM market.
RBR says that in the world as a whole, replacement machines will represent an increasingly important component of shipments. By 2013, two-thirds of all machines shipped worldwide are forecast to be replacements for existing ATMs. In most cases these replacement machines are a substantial upgrade in terms of performance and functionality, compared to the units they replace. In the mature North American market, the total proportion of shipments represented by replacements is more than 90%, and is set to rise to 99% by 2013 as the deployment of new installations stalls.

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FREESTAR POS

FreeStar Technology Co has deployed 4,000 of its POS terminals through
its wholly owned Rahaxi Processing Oy and FreeStar Dominicana
subsidiaries since initial deployment in December 2006. Given these
results, FreeStar intends to accelerate the rate of terminal deployment
over the next 12 months, targeting a total of 160,000 installed units
across Finland and the Dominican Republic. The terminal provider is also
rolling out the payment devices across Spain, Iceland and Denmark and is
hoping to expand with potential clients in the Middle East and Caribbean
countries. FreeStar Technology Co provides payment solutions to
merchants in more than 20 countries with financial solutions worldwide.
These merchant partners include IKEA, Finnair and Stockmann.

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Diebold Shareholder Lawsuits Dismissed

Wincor Nixdorf International has appointed Patrick Wright CEO of its
U.S. division. Bringing with him experience as a senior executive with
JPMorgan Chase & Co, Wright will oversee banking and retail expansion of
programmable POS systems across the United States for Wincor, which
currently has contracts with nine of the top 25 U.S. banks.
Additionally, Wright is 41 and holds a bachelor’s degree
from the University of Texas at Arlington. Wincor Nixdorf is a
German-based ATM manufacturer.

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