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.

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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.

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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)).

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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.

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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.

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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.

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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)).

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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.

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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.

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PRIVATBANK ATMS

PrivatBank has expanded its self-service distribution channel, having
purchased 3,100 ATMs for deployment in the Ukraine, Russia, Georgia,
Cyprus and Latvia. This development is in conjunction with the bank’s
announcement of plans to test the use of ATM-based marketing as part of
a pilot project to equip 100 of the units with “ProView” monitoring
software. “ProView”connects the ATMs with the bank’s IT management
center to allow PrivatBank to monitor its systems online, around the
clock and maintain maximum availability of the self-service network.
PrivatBank has issued a total of 16.6 million bank cards to its
customers, operates 2,910 bank branches and has a network comprising
4,700 ATMs.

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Devix and CardinalCommerce Partner

E-commerce provider Devix has partnered with CardinalCommerce to provided access to
CardinalCommerce’s “Cardinal Centinel” universal merchant platform.
Through this partnership, eCommerce businesses running Devix’s newest
platform have quick access to the authentication programs Verified by Visa
and MasterCard SecureCode, as well as the alternative payment brand “Bill Me
Later”. The Devix Commerce Suite which process over $2 billion
in online transactions annually, is a fully integrated, end-to-end and
fully scalable solution which streamlines the entire e-tailing operation
from start to finish.

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TSYS’ Second Quarter Revenues Increase 5%

TSYS reported second quarter revenues of $483.1 million, an increase of
5.0% year-on-year. However, net income for the quarter deceased 4% to
$63.1 million. Electronic payment processing services revenue for the
quarter slipped by 1% to $242.4 million and merchant acquiring services
revenue rose 2%. Sequentially, merchant acquiring services revenues
increased 6.3%. Other services revenue for the second quarter was $64.4
million, an increase of 16.9% over 2Q/07. For the second quarter total
revenues for the Global Services
segment were $79.6 million, an increase of 31.9% for the same period
last year. Year-to-date total revenues for the Global Services segment
were $149.0 million, an increase of 28.9%, compared to $115.5 million
for the same period last year. During the quarter TSYS renewed a
long-term agreement with Target to service its “REDcard” portfolio;
renewed a multi-year agreement with Canadian Tire Financial
Services to exclusively process its payment cards programs; signed a
payments processing agreement with Mexico’s Globalcard for the launch of
its consumer credit card portfolio; and announced an agreement with
PartnersFirst Affinity Services to process its consumer credit card
portfolio. For complete details on TSYS’s second quarter performance
visit CardData ([www.carddata.com](http://www.carddata.com)).

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