ALLIANCE & LEICESTER ATMs

Alliance & Leicester will be installing NCR’s “No Envelope”,
“Personas Intelligent” ATMs at all of the stores’ 250 branches. The NCR
“Personas Intelligent” ATMs utilize intelligent deposit technology and
requires
no envelope for cash, which can reduce queuing at the teller by up to 40%.
Furthermore, up to 200 banknotes can be inserted into the ATM during a
transaction and allows cash deposits to credit to the customers account
immediately while customers that deposit checks are given a receipt
displaying
an image of the respective deposit. In addition, the ATM does have
traditional
functionalities such as withdrawal and balance disclosure. The ATMs will be
installed using NCR “APTRA” self-service software. NCR’s assisted- and
self-service solutions are available to a variety of sectors in over 100
countries.

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BB&T Teams with ClairMail and mFoundry

BB&T has teamed with ClairMail of Novato, CA and mFoundry of Sausalito, CA to offer mobile banking services . Under the terms of the partnership, the companies will co-market and sell an enhanced, combined solution which integrates the ClairMail System’s mobile banking and payments platform and applications with mFoundry’s Spotlight client-based application. BB&T’s three-phase rollout of the new service is set to begin next month and is expected to be completed in the first quarter when a full menu of mobile banking options will be available to BB&T clients. The services include two-way mobile messaging, mobile Web access and mobile banking applications. BB&T holds $127.6 billion in assets and more than 1,500 financial centers in 11 states. mFoundry is an award-winning mobile application platform provider. ClairMail optimizes any mobile phone for two-way customer interaction.

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WESTERN UNION & WAL-MART

Western Union(WU) has signed agreements with Wal-Mart retail outlets to
provide money remittance and WU’s “Quick Collect” services at the
department stores throughout Canada. The “Quick Collect” solution allows
customers to send payments for mortgages, credit-card bills, auto loans and
personal loans with cash or debit cards. Additionally, WU allows funds
remittance to over 200 countries through more than 312,000 Agent locations.
First established in Mississauga, Ontario, Wal-Mart Canada operates a
network of 293 outlets across the country and employs more than 70,000.

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Chase Q3 Credit Card Profits Rise 11% Y/Y

J.P. Morgan Chase reported this morning that third quarter credit card profits rose 11% year-on-year to $786 million, compared to $759 million in the prior quarter and $711 million in the year-ago quarter. End-of-period managed loans of $149 billion increased by 4% year-on-year. Charge volume of $89.8 billion increased by 3% from the prior year. Net accounts opened during the quarter were nearly four million. Merchant processing volume of $181.4 billion increased by $1.7 billion from the prior quarter and up 8% from the prior year. Net interest income was $3.1 billion, up by $224 million, or 8%, from the prior year. The increase in net interest income was driven by an increased level of fees and higher average loan balances. These benefits were offset partially by the discontinuation of certain billing practices (including the elimination of certain over-limit fees and the two-cycle billing method for calculating finance charges) and a narrower loan spread. Noninterest revenue was $759 million, flat compared with the prior year. Increased net interchange income, which benefited from higher charge volume, was offset by lower net securitization gains. Charge volume growth of 3% reflects an approximate 10% growth rate in sales volume, offset primarily by a lower level of balance transfers, the result of a more targeted marketing effort. For complete details on Chase’s third quarter performance, visit CardData ([www.carddata.com][1]).

JPM CHASE HISTORICAL ($billions)
3Q/06 4Q/06 1Q/07 2Q/07 3Q/07
EOP Outstandings: $143.8 152.8 146.6 148.0 149.1
Charge Volume: $ 87.5 93.4 81.3 88.0 89.8
Source: CardData (www.carddata.com)

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

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ZOOM AIRLINES & GUESTLOGIX

Zoom Airlines has implemented GuestLogix “Mobile Virtual Store” for
Transatlantic flights to allow cash and card transaction processing while
in flight. The airline and its passengers will be provided point-of-sale
wireless handheld devices using web-provisioned software from
GuestLogix, Gatwick Express train tickets for on-demand ticket printing
while in flight, credit card handling, inventory control and sales
analysis. The decision to launch the Virtual Mobile Store was made based on
projections that 20% of airline profits will come from on-board retail
sales
in the near future, based on contemporary figures. The “Mobile Virtual
Store” is available on nearly 300 million passenger trips annually
providing
airlines with an additional channel of profitability through various
consumer
items and services. GuestLogix is publicly traded on the Canadian stock
market and major provider of on-board retail solutions.

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Pennsylvania Embraces Cards for Benefits

Pennsylvania’s Governor said that state taxpayers will save $2 million a year with the decision to replace benefit checks with debit cards. The first-year savings is anticipated to be $1 million. Starting this week, MasterCard-backed debit cards will be distributed to new unemployment benefit recipients who did not opt for direct deposit. People already receiving unemployment benefits by check have the option of continuing to do so through February. Then, checks will no longer be an option. In addition, workers’ compensation benefits paid through the State Workers Insurance Fund will also be offered via debit cards next month but recipients will continue to have checks as an option due to statutory requirements. Direct deposit will continue to be an alternative for all benefit recipients. the PA Department of Labor & Industry has administered child support benefits via debit cards since 2004, producing a savings of $5 million in mailing costs alone.

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LOVEFILM & PREPAY TECH CARD

On Track Innovations contactless microprocessor-based smart card
solutions has been selected to provide its “Saturn 6000” contactless
readers
in the London area to be integrated with existing terminals and installed
independently at various merchants. Ideal for small purchases, contactless
payments provided by OTI process EMV transactions, eliminate customer
wait time and the necessity for the customer signature with transactions
of less
than a certain dollar amount. OTI’s Saturn 6000 is certified by
MasterCard, is
certified by VISA, provides LCD display, multiple configuration options,
and is
secure with quick transaction speed. Established in 1990, OTI provides
contactless microprocessor-based smart card technology for a variety of
markets.

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TICKET TEXT

Ticket Text mobile technology will be selling admission for Fulham
Football Club’s home games the 2007/08 season through its website
for mobile phone SMS distribution. With the company’s “mobile ticketing”,
customers receive the Fulham ticket in the form of a text message which is
then scanned at the ticket gate for event admittance. Ticket Text is based
in Ireland with a dynamic approach to ticketing and provides customers
with tickets for concerts, sport, theaters, galleries and exhibitions
throughout
Europe. Fulham FC was founded in 1879 and is the oldest professional
football team in London.

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USPTO Gives Clickshare Patent the Green Light

MA-based Clickshare has been notified by the USPTO that it will receive a patent relating to its technology for creating a federated network of Internet web sites to enable consumers to make purchases from hundreds of vending Websites without providing credit card information to each site. The Clickshare System supports many models including traditional purchasing, B-to-B applications such as tracking and payment for advertising click-throughs, reliable exchange of consumer information, federated authentication and management of loyalty programs.Clickshare has been providing services such as subscription management, “per-click” purchasing, event ticket sales and online print subscription capture for the newspaper and media industries for over 10 years.

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Austin Logistics Lands a Fair Isaac Executive

TX-based Austin Logistics has landed David Diehl, formerly VP/Global Fraud Solutions at Fair Isaac, as COO. At Fair Isaac he led that organization’s payment card fraud detection, identify theft and telecommunications fraud and risk management efforts. Prior to that, he was vice president, Product Engineering, where he directed a team of 150-plus scientists and software engineering professionals. In addition to his tenure at Fair Isaac, Diehl has held a series of increasing responsible positions at a number of software companies serving the financial services market, where he helped develop credit card processing, consumer lending and consumer financing systems. Austin Logistics is a provider of event based analytic solutions.

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