VISA Launches a Major VISA Mobile Pilot in A/P

VISA’s mobile payment platform is getting a big lift as it gears up a major pilot in Taiwan. The six-month trial will combine near field communication-enabled mobile phones, over-the-air personalization, “Visa payWave” contactless payments and merchant direct marketing offers sent to the phone. The “PayWave” pilot is a collaboration with Chunghwa Telecom, Chinatrust Commercial Bank and Nokia. Taiwan is the top “Visa payWave” contactless market in the Asia Pacific with more than 1.4 million VISA contactless cards in use. VISA noted that recent research shows mobile phone penetration rate is 103.2% Taiwan. The public pilot will involve 500 Chunghwa Telecom “Call Call” co-brand cardholders using NFC-enabled “Nokia 6131i” handsets to make contactless payments at any of the 3,000 stores that accept “Visa payWave” contactless cards in Taiwan. Consumers will be able to obtain merchant offers by pre-registering their preferences to receive certain types of coupons or by holding their phone up to special posters located in popular shopping areas, thereby triggering on-demand download of specific merchant offers. On-demand offers are supported through the use of posters and other media embedded with NFC tags.

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STUDENT-DEBT.ORG

Student-debt.org has launched a financial guide in response to growing
student debt. A recent survey, conducted on behalf of Student-debt.org,
found that 58% of students have a credit limit of over GBP 1000 and 75%
have an interest free card, of which 63% would change cards if it was not
for this feature. Other findings show that 30% of students use HSBC,
the most popular, and 1% of students bank with Alliance & Leicester, the
least popular. Student Debt.org was established to keep students informed
on financial issues.

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Moneta Launches its New Debit Card System

NY-based Moneta has officially launched a new alternative to current forms of online payment. Participating merchants also benefit from Moneta’s debit-based system. The Company says merchants pay fees up to 50% below those charged by credit card companies and other online payment options. There are also no ancillary fees, charge-backs or credit card transaction fees. Those who register for the Moneta service can make online payments directly from their checking or money market accounts using only a four-digit PIN. Moneta has established relationships with several major airlines and is currently expanding its position both within the travel industry and among online and traditional merchants. Moneta is led by President Hans Zandhuis from Bank of America, where he was a SVP of the Debit Card division. Other Moneta executives include co-founders Daniel Friel, Robert Ball and Jeffrey Sechrest.

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H50 WIRELESS DISTRIBUTION

Blue Bamboo and EFT Networks have signed distribution agreements
for the Blue Bamboo “H50 Wireless Payment Terminal” in Australia
and New Zealand. The terminal is a hand-held P.O.S. device that is
compatible with GPRS, Bluetooth and dial-up connections for credit,
debit, check, gift and loyalty payment transactions. Certifications with
local banks and resellers are currently in progress. Blue Bamboo designs
and markets POS terminal and peripherals while EFT Networks designs
electronic payments technology, banking and telecommunication
fraternities for the Australian and New Zealand markets.

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TransUnion Launches Instant TrueCredit Lock

TransUnion’s TrueCredit.com has launched “TrueCredit Lock” which enables U.S. consumers to instantly lock and unlock their TransUnion credit file. The introduction of TrueCredit Lock marks the first time that U.S. consumers have the ability to instantly lock and unlock their TransUnion credit file to prevent unwanted activity. Once enrolled, use of the new feature is available to website subscribers online at no additional charge 24-hours a day, 7-days a week. Similar to a “file freeze,” which is available under certain state laws, TrueCredit Lock is an independent tool designed to provide consumers with instant control over access to their TransUnion credit report for identity theft prevention. After logging on to the TrueCredit.com site using a secure user name and password, one mouse click activates or deactivates a consumer’s lock feature.

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OHMAN GROUP & CDC

The Ohman Group investment bank will be implementing CDC’s Pivotal
Customer Relationship Management (CRM) suite of software
applications to improve customer service and efficiency. With the new
solution, The Ohman Group can reap more benefits from sales and
marketing campaigns, increase service levels to develop deeper insight
into their clients’ needs & preferences, and access a complete
view of client information. CDC solutions are used by more than 6,000
customers worldwide and is ranked number 12 on the Manufacturing
Business Technology 2007 Global 100 List of Enterprise and Supply
Chain Management Application vendors while Pivotal CRM is used by
over 2,000 companies around the world to increase profit margins.

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CASHVALET PAYROLL CARD

Perceptech and GE Money have agreed that Payroll Solutions Canada (PSC)
will be the official Canadian carrier of CashValet Prepaid Payroll
MasterCard for its clients. This prepaid payroll card allows the
clients’
employees to access their paycheck just as they would a credit/debit card.
Furthermore, the card is accepted at POS terminals and ATMs across the
country. PSC offer payroll services in 102 countries through strategic
alliances
while Perceptech has provided a variety of payment services since 1990.

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Gift Cards Launched that Supports Charities

MI-based Great Lakes Scrip Center has created a new Web-based service to offer gift cards for gifts, rewards, or recognition to deserving employees and customers, while at the same time enabling the company to make donations to charities or non-profit organizations of their choice. RewardsandmoreGiftcards.com offers employers the choice of gift cards from more than 250 of the top retailers covering 19 major product categories. Each gift card purchased at the Website provides full value to the recipient, but includes a donation amount, which varies from 1% to 10% based on the retailer gift card selected. Charities receiving the donation can be a special selection by the employer, or chosen from a complete IRS list of 501C3 approved charities. Great Lakes Scrip Center says since 1994 it has helped retailers ring up nearly three and a half billion dollars in sales while raising more than $195 million for its non-profit clients.

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ALLIANCE & LEICESTER ATM

Alliance & Leicester and i-design have signed a 5 year agreement to deploy
the media company’s ATM advertising, ATM:ad, on A&L ATMs. This will
allow A&L to advertise for third party and internal marketing campaigns
using i-design marketing software. The agreement stipulates an initial
license
fee for the use of i-design’s software, periodic maintenance charges and
rights
for i-design to sell third party advertising on A&L’s ATM network. i-design
also has ATM network advertising contracts with Nationwide Building Society
and HSBC, giving the company exclusive rights to sell advertising on a
total of
over 2000 ATMs.

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Hyatt and MasterCard Re-Launch a Fall Promo

Hyatt and MasterCard have re-launched their annual promotion that enables customers to earn unlimited free nights in the fall. The “Faster Free Nights” promotion awards “Hyatt Gold Passport” members a free night award after every two eligible stays when payment is made with their MasterCard card. Free night awards are automatically posted to the member’s account after their second stay is completed and can be redeemed immediately after posting. Members can redeem their free nights from September 15th through January 31, 2008. These awards are earned in addition to the “Hyatt Gold Passport” points and exclusive services and benefits members can receive on each Hyatt stay. There is no limit to the number of free nights members can earn.

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GEMALTO PKI CARD & MICROSOFT

Gemalto has implemented its SafesITe PKI card using the Windows
Smart Card Framework minidriver that is Microsoft Windows ready.
The Gemalto solution protects identity and, thanks to the Microsoft
agreement, can be deployed and managed at a low cost. The SafesITe
Classic Trusted PKI card solution is certified with the “Designed for
Windows” logo for card minidrivers and meets the Windows Vista
program requirements for smart card minidrivers. Gemalto provides
companies with digital security and had a 2006 annual revenue of
EUR1.7 billion, more than 85 offices in 40 countries and about 10,000
employees.

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