IPS Consolidates its Transcard Brand

TN-based stored-value card specialist Innovative Processing Solutions this week announced it is consolidating its separate card products under a single Transcard brand. Transcard will offer “Cheque Directo,” an electronic payroll and international money transfer card marketed to Hispanic populations; “PayCheck Direct,” a payroll card that can be funded through any existing direct-deposit process; and “Transfund$,” a fuel, cash and payroll card offered to the trucking industry. These cards are existing products of IPS that will be consolidated into the new Transcard brand portfolio. Transcard also owns the transcard.com Web site. Transcard processes nearly $900 million dollars in electronic transactions per year.

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CBI Signs agreement with Al Ansari

An agreement signed between Commercial Bank International and Al Ansari
Exchange will allow CBI customers and credit card holders access to
additional payment channels. Al Ansari Exchange is a money transfer
operator that customers can now visit to address CBI banking & bills as
a result of the agreement. The agreement also emphasizes CBI’s
customer-centric goals by making easy banking a reality for everyone.
Al Ansari Exchange offers money transfer services to customers with more
than 50 branches across the United Arab Emirates. CBI has a network of 8
branches and 18 ATMs across the country and employs 400 of which 30%
are UAE Nationals.

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GPN Lands Four VIP LightSpeed Clients

Global Payments has entered into four new agreements with Nevada gaming establishments to provide GPN’s “VIP LightSpeed” cash access products and services. CasaBlanca Resort Casino & Spa, Oasis Resort Casino & Spa, Virgin River Hotel Casino and Carson Station Hotel & Casino will utilize Global Payments’ web- based “VIP LightSpeed” suite of services that include the “VIP Preferred” check-cashing services, “PlayerCash @dvantagecredit” and debit card cash advance services, and “ATM Cash @dvantage”, which permits electronic check transactions at ATMs without casino cage assistance.

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Linea Deploys Fair Isaac’s Model Builder Platform

As a means of improving risk assessment and portfolio profitability,
Linea S.p.A. will apply Fair Isaac’s “Model Builder for Predictive
Analytics.” “Model Builder for Predictive Analytics” is an advanced
predictive modeling tool that utilizes historical information
as a basis for making better decisions about future transactions,
business problems and customer interactions. Linea specializes in
consumer credit and manages more than 3 Billion Euros of consumer and
revolving loans. In less than 10 years, the company has achieved a wide
national presence thanks to 23 direct points, 2000 banks branches and
about 8000 partner dealers. Fair Isaac powers hundreds
of billions of decisions per year in many different sectors.

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PCI Council Seeks Nominations

The PCI Security Standards Council is soliciting nominations for election to the PCI Security Standards Council Board of Advisors and is seeking representation from EMEA, North America, Latin America and Asia Pacific. To generate a broad range of input from across the stakeholder chain, 21 seats will be available on the PCI SSC Board of Advisors. Fourteen seats will be open for nomination by members of the existing PCI SSC Participating Organizations. To ensure a wider range of input, an additional seven seats will be appointed from the Participating Organization by the PCI SSC Executive Council to fill any gaps in representation and to help augment any under-represented stakeholder sector or geographic market.

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Euronet Signs a Top-Up Deal with Premiere

Euronet’s subsidiary Transact announced electronic top-up agreement
with Premiere Fernsehen in the development of a new pay-TV
product, “Premiere Flex”. “Premiere Flex” offers customers the ability
to purchase pay television without having to commit to subscriptions or
long-term contracts. Transact will be the only top-up provider for
Premiere’s new prepaid pay TV product in Germany under the new contract.
Transact has already completed distribution of Premiere’s prepaid pay TV
product to 2,100 stores across Germany and plans on distribution to
3,000 more. Starting in March, in conjunction with the “Premiere Flex”
advertising campaign, the service will offer seven different
specialized channel packages. Euronet processes electronic top-up
transactions at more than 296,000 point-of-sale terminals for more than
161,000 retailers across the world. The company has 26 worldwide offices
and serves clients in approximately 100 countries.

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Cabela’s/WFB VISA Card Loans Jump 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 fourth quarter compared to one-year ago and up 6.5% sequentially. With an estimated 1.4 million cardholders for its “Club VISA,” WFB posted managed card loans of $1.484 billion for 4Q/06. For the fourth quarter, the nation’s 23rd largest issuer, also reported interest income of $40.7 million, interchange income of $13.1 million and other credit card fee income of $6.3 million. Over the past year Cabela’s has introduced a loyalty card and a debit card with rewards. In June, 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
4Q/05: $1207 million
1Q/06: $1254 million
2Q/06: $1295 million
3Q/06: $1394 million
4Q/06: $1484 million
Source: CardData (www.carddata.com)

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

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ACS To Supply Ticketing System For Jerusalem Tramway

Vital to the 30-year Jerusalem-Tramway contract is a reliable fare
collection system. A significant shareholder in the contract is Alstom
and has appointed ACS to supply the new fare collection system. The
contract stipulates that ACS will build, operate & transfer (BOT)
control of the tramway system over a period of 30 years. In doing so,
ACS will supply a complete ticketing system for the Jerusalem tramway.
This project is the third large-scale project crowned with a powerful
system that ACS has won in early 2007. ACS employs 58,000, supporting
client operations reaching 100 countries.

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YeePay Partners with China Unicom for Mobile Top-up Service

YeePay Payment Provider & China Unicom have partnered to promote mobile
top-up service in Beijing, China. This partnership will support two
additional banks and is launching online service for mobile top-up. The
service allows users to assign his or her mobile account with a bank
card enabling them to pay for their mobile bills using bank cards
electronically. Yeepay top-up service makes it much more convenient for
the customer to refill their mobile service online. YeePay was
recognized as the “Best Payment Platform” by the China eCommerce
Association and one of the “Top 50 Innovators” by the China
Internet Society.China Unicom is China’s second largest mobile
communication operator with over 141 million mobile subscribers for its
CDMA and GSM networks.

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ACI Worldwide Offers On Demand Solutions

ACI has launched “On Demand” solutions that will allow North American
retailers and financial institutions access to the company’s payment
software. This allows ACI service to more mid-sized banks & retailers
with the software solution. ACI “On Demand” solutions are operated at
remote data centers with full back-up capabilities to ensure business
continuity.The company currently hosts cash management solution on
behalf of more than 50 financial institutions in the U.S. ACI serves
more than 800 customers in 83 countries.

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Solid Innovation & PPI Launch Si Credit Card Settlement

Solid Innovation mobile software & Payment Processing have
introduced a credit card settlement known as “SI”. “Si Credit Card
Settlement” is designed for Si Route Accounting and Si Mobile Sales. The
system caters to distributors who have customers that pay by credit card
and want to receive payment at remote customer sites. Thus, the merchant
does not have to bill them and have outstanding accounts receivable. In
2005, Solid Innovation handled an estimated 800,000 transactions. Their
distributor clients currently visit about 30,000 locations throughout
North America. Payment Processing Inc. supports over 600 software
developers and more than 17,000 merchants with payment solutions. In
2006, the company processed over $3 billion in VISA and MasterCard
payments.

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EURONET 4Q/06

Euronet Worldwide’s reported that its profits for the fourth quarter
more than doubled compared to the year-ago quarter. The Company posted
fourth quarter revenues of $166.8 million, an 16% increase over 4Q/05.
Net income soared to $15.4 million, compared to $7.2 million for the
fourth quarter 2005. “EFT Processing” posted revenues of $35.3 million,
compared to $29.3 million for 4Q/05. Transactions processed were 128.1
million, compared to 103.1 million transactions in the same period last
year. The EFT Segment completed the quarter with 8,885 ATMs owned or
operated. “Prepaid Processing” reported revenues of $124.6 million,
compared to $111.7 million for the fourth quarter of last year.
Transactions processed were 132.1 million, compared to 100.0 million
transactions in the fourth quarter 2005. The “Software Solutions”
segment produced revenues of $6.9 million for the quarter. Combining all
segments, transactions processed in the fourth quarter 2006 were 260.2
million compared to 203.1 million processed in the fourth quarter of
2005. For complete details on Euronet’s latest results, visit CardData
(www.carddata.com).

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