KUDRA.RU & ZAO CARD

Kudra.ru travel agency and ZAO Citibank have launched a rewards credit
card. The card features a credit line of up to 300,000 RUB, a program that
provides one point for every 100 RUB spent (with unlimited lifespan), and
discounts on travel arranged through the Kudra.ru agency. Experts say
this card is very innovative in the travel and banking industries and can
be applied for with Citibank or Kuda.ru. Kuda.ru Travel Agency is
comprised of over 116 travel agencies and has over 200,000 customers
a year. Citi has 200 million customer accounts and does business in more
than 100 countries.

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FOOTBALL CARD

In conjunction with Football Fans Census, Barclaycard is conducting a
“Football
Fans’ Survey” to analyze the optimism of 5,700 soccer fans in their
respective
teams. The survey is being conducted in conjunction with the
introduction of the
Barclaycard “Football Card”, which offers 0% interest on season ticket
purchases, chances to compete in promotional contests, and rewards on
purchases. So far, Manchester United fans have demonstrated the most
optimism among those surveyed. Barclaycard encompasses both Barclaycard
and Sky Card branded credit cards, along with FIRSTPLUS secured lending,
and manages Solution Personal Finance card operations.

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AmEx Becomes an Official Patron of The PGA

American Express and The PGA of America have inked a deal to offer year-round golf benefits for cardholders and PGA professionals. AmEx will now provide advanced ticket sales and onsite experiences at top tournaments, including the PGA Championship, Senior PGA Championship and the Ryder Cup. For example, onsite opportunities at the upcoming PGA Championship in Tulsa include: complimentary 10-minute one-on-one golf lesson with PGA Professionals; onsite hospitality suite exclusively for cardholders with a silent auction to benefit The PGA Foundation; complimentary use of a “myLEADERBOARD” handheld device to take out onto the course and track the action; plus, a commemorative gift with merchandise purchase. Beginning September 4th, AmEx cardholders will be able to purchase a limited number of tickets to the “2008 Ryder Cup” at Valhalla Golf Club in Louisville, KY, prior to sale to the general public.

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GE MONEY RYANAIR CARD

GE Money has introduced the “Ryanair Card” MasterCard to be
implemented across different European markets. The card will provide
consumers with a benefits rewards program that offers free flights on
more than 500 routes and a 0% balance transfer offer for 6 months.
Ryanair low fares airline projects travel with 50 million passengers on its
512 routes, from 136 airports in 26 countries, for the coming year. GE
Money has over 130 million customers worldwide and operations in 54
countries, earnings of US $3.5 billion and assets of $190 billion.

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SBT DEBIT CARD

The State Bank of Travancore has introduced a program to its debit card
customers that will offer cash-back from the dates of August 1st, 2007 to
October 31, 2007. The program will offer those who spend over 501 Rs
cash-back of 5% and those who spend 501 Rs more than 15 times,
before the October deadline 20% of the bonus cash-back. Reward funds
will be posted to the customers’ account 4-6 weeks following the deadline.
SBT has a network of over 670 branches throughout India 552 of which
are in the State of Kerala.

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GLOBALPLATFORM WHITE PAPER

GlobalPlatform has published a white paper entitled “Why the Mobile
Industry is
Evolving Towards Security” which discusses the importance of its GPD/STIP
Specifications and the Device Application Security Management (DASM)
Specifications to mobile telecom and handset deployment. The paper addresses
the interoperability, flexibility, reactivity and security of the open
software platform
which is designed to protect applications from different providers
within a multi-
application environment. GPD/STIP also is capable of expediting the
deployment
of secure applications on one handset, such as transport ticketing and
digital rights
management (DRM), according to the report. GlobalPlatform is a leader in
smart
card infrastructure development and has set a standard for smart card
infrastructure.

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Jack Prim Named to the Jack Henry Board

Jack Henry & Associates has appointed CEO Jack Prim to the Board of Directors to fill the vacant seat on the Board caused by the death of founder Jack Henry in April. Prim has served as CEO of the Company since July 1, 2004. He began his career in the financial industry in 1977 as a sales representative. In 1985 he was hired by Broadway & Seymour, Inc. and in 1994 was named vice president of Client Services. When Jack Henry acquired BSI’s Community Banking Division, he became general manager of Jack Henry’s OutLink Services division. Five years later he was named general manager of E-Services, a business unit formed to combine electronic processing and outsourcing services to Jack Henry’s customers. Prim was appointed chief operating officer in 2001, where he focused the company’s operations, customer satisfaction and a consistent growth pattern, named president in 2003 and became CEO in 2004.

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MASTERCARD & PLACIDO DOMINGO

Mastercard Worldwide has signed a partnership agreement with
Maestro Placido Domingo to sponsor his âœAROUND THE WORLDâ
tour. From the summer of 2007 until the Summer of 2009, the tour will
consist of concerts in Lisbon, Wiesbaden, Athens, Boston, Mass.,
USA; Sunrise, Fla., USA; Abu Dhabi, United Arab Emirates; and Zurich,
Switzerland. As part of the concerts, Domingo will engage artists with
local appeal to join him on stage and to host a Gala dinner after each
performance. MasterCard cardholders will receive discounts on purchased
tickets and will have the opportunity to buy tickets during a pre-sale
for selected shows. Mastercard processes over 16 billion transactions a
year serving consumers and businesses in more than 210 countries and
territories.

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CORPORATION BANK SMS SERVICE

Corporation Bank has introduced SMS “Pay-by-Mobile-Service” in India, a
country with an increasing mobile market. The Indian mobile market is
currently at 185 million, growing at a rate of 7 million per month, and
projected to be the 3rd largest market in the world by 2010 at 300 million
users. Any of the banks’ customers who are issued a ATM card
or a Corp Convenience Debit card can register for the service, offered
through
PayMate, at one of the institution’s ATMs. Upon registration, the user
is issued a
4-digit PIN though an SMS on the registered mobile phone to authenticate
all
future transactions. This allows the customer to shop online and over
the phone from
over 3,000 merchants with secure verification through the fixed mobile
number,
16-digit private encryption key storage, alpha code, 4-digit PIN and
confirmatory SMS.

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AmEx’s Bonus Points Mall Offers Incentives

American Express is offering a special promotion for cardmembers to earn additional Membership Rewards Points when they shop through the “Bonus Points Mall” website during the month of August. Shoppers enrolled in the Membership Rewards program can earn an additional 500 Membership Rewards bonus points (up to 1,500 bonus points total) each time they spend $100 or more at any one retailer at BonusPointsMall.com between August 1 and August 31, 2007. The Membership Rewards program from American Express has more than 140 redemption partners. The program allows Cardmembers to earn one point for virtually every dollar charged on eligible, enrolled American ExpressCards. Membership Rewards points are redeemable in a wide selection of reward categories, including travel, retail merchandise, entertainment, shopping and recreation gift certificates, experiences, financial services and charity rewards.

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Cabela’s Q2 Credit Card Outstandings Up 23%

The World’s Foremost Bank, a subsidiary of Cabela’s, the “World’s Foremost Outfitter,” reported that its average VISA credit card loans increased 23% in the second quarter compared to one-year ago. With an estimated 1.6 million cardholders for its “Club VISA,” WFB posted managed card loans of $1.607 billion for 2Q/07. For the second quarter, the nation’s 23rd largest issuer, also reported interest income of $43.7 million, interchange income of $16.3 million and other credit card fee income of $6.0 million. Over the past year Cabela’s has introduced a loyalty card and a debit card with rewards. One-year ago, U.S. Bank and Cabela’s introduced the “Cabela’s VISA Check Card,” offering reward points for signature purchases. The “Club VISA” offers 2% back on all Cabela purchases and 1% on other purchases. The U.S. bank-issued “VISA Check Card” offers one point for every $2 spent at Cabela’s stores and one point for every $3 spent at other merchant locations. For complete details on Cabela’s/World’s Foremost Bank latest performance, visit CardData ([www.carddata.com][1]).

WFB AVG CARD LOANS
2Q/06: $1295 million
3Q/06: $1394 million
4Q/06: $1484 million
1Q/07: $1584 million
2Q/07: $1607 million
Source: CardData (www.carddata.com)

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

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VeriSign Certifies NetSpend for Card Networks

NetSpend has passed a second annual security audit by VeriSign Global Security Consultants to achieve compliance with VISA’s and MasterCard’s requirements for participation in their financial networks. NetSpend has assembled a comprehensive approach to information security. It has over 35 different policy documents and uses in excess of twenty different software tools to manage its overall information security processes. NetSpend Corporation is a provider of prepaid debit cards. VeriSign operates digital infrastructure services that enable and protect billions of interactions every day across voice and data networks.

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