SAS FRAUD MANAGEMENT

SAS has introduced its “SAS Fraud Management” solution, which has
been developed with HSBC to prevent credit card fraud. With this,
HSBC customers are given piece of mind with card fraud protection, a
crime that cost the industry $4.84 billion in 2006. Furthermore, the
software allows the bank operational efficiency, greater clarity and
accuracy of decisions in determining fraudulent claims. During the first
3 months of SAS implementation, HSBC has increased data processing
by 87 % with a subsequent 53% decrease in mainframe processing cost,
decreased computing resource cost by 30%, increased efficiency in agents
investigations by 10% and has reduced IT support costs. SAS Fraud
Management is projected to furnish HSBC bank with transaction
protection of over 100 million credit and debit cards in more than 30
countries over the coming years. Currently, the solution protects customers
at 43,000 sites using the software with data integration, storage,
analytics
and business intelligence applications.

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MONEYGEM.COM

HGi Media Systems has launched its new website, moneygem.com,
to offer consumers a comparison service for their credit needs. With
this development, the company intends on empowering consumers for
the comparison of different credit products, such as cards, loans and
mortgages, to allow their decision to be an informed one. To assist
the consumers’ decision-making process, the website provides user
reviews, ratings and opinions of the financial products and offers a
free membership. This membership includes an account to track
finances, shortlists to compare products and services, a comparison
feature that allows the user to see where he/she stands financially and
participation in the network community to share advice and tips.

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PAGO & MAESTRO

Pago eTransactions has announced that it will be processing
Maestro International transactions allowing the company to
provide Maestro Acceptance to Internet merchants throughout
Europe. In doing so, various online merchants are presented with
new customer potential and are provided an alternative for
merchants with lower transaction fees for card transactions.
Maestro merchants are also required to participate
in MasterCard’s “SecureCode” program which protects both the
customer and the merchant. Pago is a Deutsche Bank AG and BHS
Verwaltungs AG company, operates over 6,000 active online-shop
solutions and processes all transactions from nearly 6,500
terminals.

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Citi Launches a New Cards Ad Campaign

Citi has unleashed a new national advertising campaign for its U.S. credit cards division. The first ads aired this past weekend. The U.S. cards advertisements use Citi’s red arc. The first spot features a father and son who celebrate the father’s 60th birthday by using a Citi Card to travel together to the land of their ancestors. Publicis New York developed the campaign idea that centers around the question “What’s your story?” and created new television commercials and print advertising that aim to connect consumers and Citi Cards on an emotional level. TV advertising will run nationally on network and cable programs such as NFL, ABC College Football, ESPN, Grey’s Anatomy, CSI, Heroes and Dancing with the Stars. Print advertising will run nationally in publications like ESPN the Magazine, Sports Illustrated, People, Time, US News, Vogue and In Style.

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GEMALTO AWARD

Gemalto N.V. has been awarded the 2007 Frost & Sullivan European
Product Innovation Award for its smart card web server (SCWS)
technology. Features of the company’s SCWS is projected to set precedent
for other companies by extending its Internet Protocol connectivity to the
SIM card. This award is presented annually to one company demonstrating
cutting-edge product launch in their respective industry. Frost & Sullivan
awards also recognize companies for demonstrating achievement and
performance in leadership, technological innovation, customer service, and
strategic product development. These conclusions are based on the responses
of market participants and performance measurement. Concerning this
instance,
Gemalto has demonstrated innovation with its line of emerging products and
technologies. Additionally, Gemalto has recently partnered with FarEastTone
Telecommunications Ltd. to offer its SIM-based NFC in Asia to allow
subscribers to make purchases with trial partners by linking mobile
devices with
payment and contactless systems.

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KYOCERA & INSIDE

Kyocera has signed agreements with INSIDE Contactless to integrate
the company’s NFC technology with its wireless phones. This partnership
allows customers to use their Kyocera mobile phones for contactless
payments using INSIDE’s “microread”. “Microread” provides NFC technology
for various banking pilot projects with the implementation of its silicon,
self-powered chip that can continue transactions whether the phone is on
or off.
INSIDE Contactless provides contactless card-based payments solutions with
more than 30million chips delivered to date.

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V PAY

VISA Europe has announced that the first “V Pay” transaction has been
conducted in the Netherlands at the Schiphol airport. “V PAY” was
designed for European banks and consumers to meet the payment
requirements of SEPA and is currently being accepted by 22 different
banks at 4 million POS terminals and over 250,000 ATMs. V PAY
secure chip transactions ensure that skimming is not possible with PIN
confirmation and is being used in 8 different European markets including
Germany, Italy, Austria, Switzerland, Belgium, France Bulgaria and the
Netherlands. Visa Europe has issued 321 million Visa cards across the
continent with a total 2006 transaction volume of EUR1.2 trillion.

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Teradata 3Q/07 Revenues Rise 17% Y/Y

Teradata reported third quarter revenue of $439 million, a 17% increase from 3Q/06. On September 30th, NCR completed the spin off of its Teradata Data Warehousing business. Teradata reported third-quarter GAAP net income of $9 million. Operating income of $66 million decreased from $68 million in the third quarter. Teradata’s operating income decreased as higher revenue was more than offset by non-recurring costs associated with Teradata’s spin off from NCR, higher demand creation costs, increased research and development spending as well as incremental on-going costs associated with Teradata becoming an independent, publicly-traded company. For complete details on Teradata’s latest results visit CardData ([www.carddata.com][1]).

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

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PW NETWORK & 99BILL

Beijing Perfect World Network Technology (PW Network) and the
99Bill Corporation have signed collaborative agreements for the
promotion of online gaming and payments. With this development, 99Bill
will provide customers with card payment for PW Network games and
various services including online top-up services for prepaid cards. The
country’s online gaming is projected to generate 9.7 billion RMB for
2007 while the global online market is projected to grow 71% over the
next 5 years. This partnership is intent on enhancing efficiency of online
gaming and improving core competitiveness. With 18 million registered
accounts, 99Bill markets it products and services to nearly 450 million
Internet and mobile users with payment solutions.

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SCM Microsystems Joins the NFC Forum

Digital solution provider SCM Microsystems has joined the Near Field Communication Forum as a Principal member. The NFC Forum is a global standards development and advocacy group dedicated to advancing Near Field Communication technology, educating the public about its benefits, and furthering its implementation around the world. NFC technology is being developed to enable electronics devices such as PDAs or cell phones to quickly and conveniently perform functions such as purchasing goods or services. SCM Microsystems is a supplier of solutions that enable people to conveniently access digital content and services.

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