GPN Signs Nine More US/Canada Casinos

Cash access provider Global Payments has signed agreements with nine casinos in the U.S. and Canada to offer “PlayerCash @dvantage” credit and debit card cash advance services, “VIP Preferred” check-cashing services, and “ATM Cash @dvantage”. Global will provide services to Mardi Gras Casino in Black Hawk, Colorado; Player’s Club Casino in Ventura, California; Running Aces Harness Park in Forrest Lake, Minnesota; Hoosier Park Racing & Casino in Anderson, Indiana; 7th Street Casino in Kansas City, Kansas; Bodine’s Casino in Carson City, Nevada; and Wind River Casino in Riverton, Wyoming. Services in Canada will be provided to Flamboro Downs in Hamilton, Ontario and Georgian Downs in Innisfil, Ontario.

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DIRECTCASH & INKAS

DirectCash ATM Processing Partnership has signed agreements to acquire
the ATM business of Inkas Financial Corp for $5,250,000, funded from
DirectCash’s acquisition credit facility. Effective June 24, 2008, the
acquisition concerns Inkas fleet total of 711 ATM sites and related
contracts, the majority of which are located in Ontario-Quebec, and is
subject to customary purchase adjustments. Transitioning these acquired
ATM contracts into its management system, DirectCash will bring the
total number of DirectCash ATM active sites/contracts to over 6000.
DirectCash ATM operating subsidiaries are among the largest in Canada.

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KP Self-Service Kiosks Take-Off

As part of its “HealthConnect” health care automation pilot project, CA-based Kaiser Permanente has deployed the first of 90 “KP Self-Service Kiosk” to be rolled-out at over 60 medical clinics through the end of 2008 across Southern California. These kiosks have been designed to facilitate patient check-in and payment using easy-to-navigate touch-screens for conducting non-dues payment with credit or debit cards, updating personal contact information and using the “way-finding” feature in English, Spanish, Chinese, and Vietnamese. Kaiser Permanente group was founded in 1945 and serves the health care needs of 3.3 million members in Southern California and includes over 55,800 technical, administrative and clerical employees and more than 6,400 physicians representing all specialties.

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Teridian Powers Payflex Smart-Card Token

Teridian Semiconductor’s “73S1210F” smart card reader has been selected by Manas Metering Systems to be used in its “Payflex Smart-Card Token” prepayment solution. The Manas G4 prepayment module is approved for use with EMV international payment smart cards and is compatible with their “Payflex Smart-Card Token” prepayment solution. Manas has completed the first stage prepayment meter deployment of IGDAS (Gas Distribution Company of Istanbul), which is one of the largest gas distribution companies in Europe with 3.5 million existing customers.

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VeriFone Signs-Up 6,500 NYC Taxis

VeriFone Transportation Systems reports that 6,500 New York City taxis are now signed to multi-year agreements with VTS for in-taxi acceptance of credit cards. This represents half of the total city fleet. VTS has added new programming, including People.com, to the content available on the interactive mobile information screens and is also providing content from PMbuzz.com, a leading source of information on the New York night life scene, and Disney Broadway, which brings Disney classics to the stage. The VTS system features a Passenger Information Monitor with a 10.4-inch touch-screen monitor that features programming from a host of providers, including WABC-TV’s local news, AccuWeather, Reuters Business News and the Zagat Survey, in addition to the new sources. The VeriFone-based solution was installed as part of a mandate from the TLC requiring all taxis to offer credit/debit card acceptance and an interactive electronic passenger map and information screen.

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Discover’s Q2 U.S. Card Profits Decline 20%

Discover Financial Services reported that second quarter pre-tax net income for its U.S. Card business declined 20% from the year ago quarter and was down 18%, sequentially. For the quarter ending May 31st, Discover reported that U.S. managed credit card loans grew 2% year-on-year to $47.8 billion, and sales volume also grew 2% year-on-year to $22.5 billion. However, balance transfer volume declined 32% from last year and total credit card volume declined 3% from 2Q/07. U.S. Card pretax income was $309 million in the second quarter compared to $387.6 million one-year ago and $375.4 million in the first quarter. The managed credit card over 30 days delinquency rate was 3.85%, down 8 basis points from last quarter and up 88 basis points from last year. The managed credit card net charge-off rate increased to 5.05%, compared to 4.37% in the prior quarter and 3.97% for 2Q/07. The Third-Party Payments segment produced record transaction volume of $29.4 billion in the second quarter. During the quarter Discover completed the sale of the Goldfish business in the U.K and agreed to acquire Diners Club International. For complete details on Discover’s latest performance visit CardData ([www.carddata.com][1]).

U.S. CARD PRE-TAX PROFITS
2Q/07: $387.6 million
3Q/07: $380.6 million
4Q/07: $325.8 million
1Q/08: $375.4 million
2Q/08: $309.1 million
Source: CardData (www.carddata.com)

[1]: http://www.carddata.com

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Affinion’s New BreachShield Gains Traction

CT-based Affinion reports that its new data breach security and identity theft protection service for businesses and their customers has signed nearly 550,000 clients since its launch in February. The new “BreachShield” product offers companies a legally compliant and easily implemented plan to assist in the notification and protection of customers. The service also provides FCRA trained, bi-lingual service agents for managing customer requests. In 43 states, companies are required by law to notify individuals whose information was compromised due to a breach.

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JUNE CCCI

The Xinhua Finance eziData China Consumer Confidence Index (CCCI)results show
that although Chinese people in June were faced with a
series of negative factors such as continuous aftershocks of the Wen Chuan
earthquake, the financial crisis in Vietnam, and a re-falling stock market,
consumer confidence did not fall but inched up by 0.2 point to 95.1. The
stabilization, even slight improvement in the overall consumer confidence
was largely due to the following two factors: continuously easing general
price rises which helped raise consumer sentiment on current conditions,
and the earthquake rescues in the last few weeks which encouraged
patriotism among average Chinese consumers and made them more enduring when
facing the difficulties ahead. eziData is a local provider of China consumer data, serving both
financial and consumer market participants.

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GLOBALPLATFORM.ORG

GlobalPlatform international smart card specifications body has launched
its public website to provide prominence of its organization and access
to its interoperable smart card, device and systems specifications free
of charge. In doing so, GlobalPlatform has reduced site content by 35%
to ensure posted information is streamlined, providing more pronounced
navigation to the specifications from the home page. Presenting the
specifications in an ‘at-a-glance’ grid format, the website was designed
to provide documents currently available for download, specifications,
configurations, supporting documents and compliance programs and how
they relate to each other.

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IRISYS & NIXDORF

Visitor numbers for Retail Solutions 2008 will be calculated through
Irisys people counters installed at the entrances. Implementing
infra-red detectors, Irisys people counters monitor customer flow
through thermal profiling, effective in people counting and queue
management. Intending to deploy this technology to its range of retailer
management solutions, focused on conversion and performance, Wincor
Nixdorf will use the real-time data for its demonstrations at the event.
In doing so, Irisys will feed the counts back to the Wincor Nixdorf
stand to demonstrate how retailers can respond to customer flows rapidly
by calculating average queue length, wait time, store checkout
performance, predicting the necessary allocation of staff to meet agreed
service levels and how this analysis can be used to shape sales campaigns.

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REV PAYMENT PLATFORM

Rev Worldwide, a global network of payments companies for underserved
markets across the world, has launched its new payments platform to
drive commercial availability of new and emerging payment solutions for
underserved consumers worldwide. With this development, Rev’s platform
provides global connectivity, universal language and currency support to
carry transactions across countries, currencies and payment types for
payment card, mobile, retail and online transactions. Rev Worldwide
encompasses RevEurope Payments Limited, Rev Latin America, Inc. and Rev
Asia Pacific, providing people excluded from access to basic financial
services with the appropriate financial products.

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