GIVEX CROSSVEIW CERTIFICATION

Givex closed loop card technologies has certified its gift card programs
with CrossView’s solutions “multi-channel retail solutions.” CrossView
is built on the IBM “WebSphere” platform to enable merchants to sell and
redeem Givex gift cards on the web, through call centers and at retail
stores. The partnership provides the centralization of channel data,
processing, Givex’s real-time card transaction processing, support and
currency conversion. Givex card management technology was established in
1999 and has partners in over 35 countries while CrossView empowers
merchants to deliver integrated consumer
experience and optimize transactions.

Details

MasterCard’s Global GDV Jumps 13% in Q2

MasterCard posted second net income of $276 million on net income of $1.2 billion. MasterCard’s gross dollar volume increased 12.8% to $655 billion. The card payment network also reported a 13.6% increase in the number of transactions processed, to 5.2 billion, plus, an increase in cross-border volumes of 18.9%. Worldwide purchase volume during the quarter rose 14.0% to $493 billion. As of June 30th, the company’s financial-institution customers had issued 951 million MasterCard cards, an increase of 11.0% over the cards one-year ago. During the quarter MasterCard took a $1.65 billion pre-tax charge related to the settlement with American Express, which equates to approximately $1 billion on an after-tax basis. Additionally, a $3.4 million reserve was recorded for a litigation settlement; and $90 million in other income related to a settlement received under
an agreement to discontinue the company’s sponsorship of the 2010 and 2014 World Cup soccer events. For complete details on MasterCard’s second quarter performance visit CardData ([www.carddata.com](http://www.carddata.com)).

Details

ADS Inks Florida-Based Beall’s Card Deal

Alliance Data Systems will provide private label credit card processing
services to FL-based retailer Beall’s.
ADS will provide private
label credit card services, including account acquisition and activation;
receivables funding; card authorization; private label credit card
issuance; statement generation; remittance processing; customer service
functions; and marketing services to 85 Beall’s Department Stores.
Alliance Data also provides private label credit card services for
the Beall’s, Inc. subsidiaries, Beall’s Outlet Stores and Burke’s Outlet
Stores. Cardholders that have a Beall’s Outlet card or the new Beall’s
Department Stores card may use both branded cards interchangeably across
both chains.

Details

TOP & TAP

Oversea-Chinese Banking Corporation Limited (OCBC Bank) and EZ-Link have
partnered to provide the bank’s “Top & Tap” remote top-up service to
users of the EZ-Link cards. The “Top & Tap” solution allows users to
conveniently add funds to the cards anytime, anywhere through “OCBC
Mobile Banking” and “EZ-Online,” for which a trial period will be
conducted in conjunction with 10 participating schools. For the trial,
students will be allowed to use a dedicated PC with an “EZ-Link” card
reader attached to increase card value with a single tap. The solution
generally does not require the beneficiary to be present with his or her
“EZ-link” card at the point of funds transfer and, on an average day, 4
million EZ-Link transactions are conducted on Singapore’s public
transport system. Singapore-based OCBC Bank has assets of S$180 billion
and a network of more than 460 branches in 15 countries, mostly in
southeast Asia.

Details

NAUTILUS HYOSUNG & TRITON

Dover Corporation’s Engineered Systems segment has signed agreements to sell its Mississippi-based Triton Systems ATM provider of Delaware to Nautilus Hyosung of Seoul. This transaction is anticipated to close during the third
quarter, pending regulatory approval, for undisclosed terms.
Nautilus Hyosung global manufacturer of ATM solutions provides hardware,
software and services to the financial services and off-premise markets
while MS-based Triton global ATM manufacturer has over 180,000
installations in over 24 countries worldwide with a complete line of
products for retail locations and financial institutions.

Details

Affinion Group Q2 Revenues Grow 6% Y/Y

CT-based Affinion Group posted revenues for the second quarter of $354.3 million as compared to $333.3 million for 2Q/07. Membership products revenue for the second quarter increased $2.8 million as higher revenue per retail member and higher wholesale revenue from programs that were formerly retail were only partially offset by lower retail member volumes. International revenue increased 27.4% primarily due to new retail memberships, growth in other retail programs, growth in package, and a favorable currency impact. Loyalty products revenue increased $2.0 million, or 14.6%, due to growth in programs with existing and new clients. Loyalty Segment EBITDA grew $1.5 million due primarily to the increase in revenue. For complete details on Affinion’s latest performance visit CardData ([www.carddata.com](http://www.carddata.com)).

Details

Triton ATM Sold to a South Korean Firm

Dover Corporation’s Engineered Systems segment has signed agreements to sell its Mississippi-based Triton Systems ATM provider of Delaware to Nautilus Hyosung of Seoul. This transaction is anticipated to close during the third quarter, pending regulatory approval, for undisclosed terms. Nautilus Hyosung global manufacturer of ATM solutions provides hardware, software and services to the financial services and off-premise markets while MS-based Triton global ATM manufacturer has over 180,000 installations in over 24 countries worldwide with a complete line of products for retail locations and financial institutions.

Details

MONEY EXPRESS

Newcastle has introduced the new “Money Express” prepaid card as a joint
payroll payment card and international money share product. The new
prepaid Mastercard was designed to provide a solution to
migrant workers across a range of industries without a bank account and
to provide those who need a solution to share money with family. Users
are paid from their employer directly on to the card and are provided a
‘Money in Minutes’ facility which allows card holders to transfer cash
from a primary card to a secondary card. The secondary card is useful to
family members to spend funds earned by the primary card holder whilst
working in the UK.

Details

VISA CCE

Visa has released its “Commercial Consumption Expenditure” (CCE) index
figures estimating a 12.2% y/y increase in global commercial spending
for 2007 to $77.3 trillion while U.S. commercial spending grew 5.5% to
$19.7 trillion. The index also concludes spending in all global
geographic areas rose during the year with Europe representing the
largest share of commercial spending, followed by the United States,
Asia/Pacific, Central and Eastern Europe/Middle East/Africa, Latin
America/Caribbean and Canada. Visa payment is accepted around the world
in more than 170 countries while its “CCE index” is a financial metric
that provides standardized tracking for business and government to
measure commercial spending.

Details

Portfolio Recovery Associates Slips 12%

VA-based Portfolio Recovery Associates reported second quarter net income of $11.4 million. The Company’s profit represents a decline of 12% from the same period a year earlier. However, total revenue in the second quarter increased 16% to $63.6 million. The Company purchased $957 million of face-value debt during the quarter for $71.1 million. This debt was acquired in 58 portfolios from 21 different sellers. The Company’s fee-for-service businesses generated revenue of $10.6 million in the second quarter, up 26% from $8.4 million in the same period a year ago. On July 1st, the Company completed its acquisition of MuniServices, a revenue enhancement firm based in Fresno, California.
For complete details on Portfolio Recovery Associates’ latest results visit CardData ([www.carddata.com](http://www.carddata.com)).

Details

Terry Savage Ankles for MoneyShow.com

Terry Savage has been named personal finance editor with MoneyShow.com
multimedia investment education for investors and traders where she will
author the “SavageMoney” blog. For the new blog, Terry will provide her
perspective on the markets and personal finance every Monday in addition
to her regular television commentary, her personal finance column for
the Chicago Sun-Times and columns on TheStreet.com on issues of the same
nature. Savage is also a frequent guest on national television programs,
is heard on national radio programs, is a member of the Chicago
Mercantile Exchange’s “International Monetary Market,” has served on the
Board of McDonald’s Corporation for 14 years and began her career as a
stockbroker. She is a recipient of such awards as the “National Press
Club” award for Outstanding Consumer Journalism and two Emmys for her
television work.

Details

GIVEX & TREE CANADA

Givex closed loop card technologies has partnered with Tree Canada to
launch a reforestation program to offset emissions from gift card
production. This is among the many environmentally friendly solutions
Givex provides its customers, including PVC cards, PLA cards, paper
stock cards, soy-based inks and recycled material for gift card
carriers. Providing closed loop transaction processing since 1999, Givex
uses card management technology to help partners in over 35 countries
deliver customer acquisition and retention programs while Tree Canada
was established in 1992 to encourage Canadians to care for trees and has
since been responsible for more than 75 million planted trees.

Details