Singapore Airlines Partners with AirPlus

AirPlus International has partnered with Singapore Airlines to offer companies in Singapore a complete payment and cost analysis solution. AirPlus International will now offer Singapore Airline corporate customers the “AirPlus Company Account,” an air travel payment, billing and reporting system that provides the airline’s corporate customers with a new option to pay for travel on Singapore Airlines and more than 200 other carriers, charge other travel expenses and help manage their company’s travel budgets. AirPlus has about 30,000 corporate customers worldwide.

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Spartanics M930 System Open for Inspection

European card manufacturers seeking the best automated inspection technology available in the global marketplace can now arrange visits to the Swiss facilities of Sokymat to see the
Spartanics “M930 Plastic Card Inspection System” in action. The system is being used by worldwide card manufacturers for unprecedented production output gains by speeding inspection to the rate of 36,000 cards/hour while ensuring 100% quality standards. The Spartanics “M930” is also the only automated inspection system that uses a smart self-learning system with machine intelligence that can train on a set of good cards during setup, bypassing both need for extensive programming and operator errors.

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GraphOn Gets an Online Database Patent

Santa Cruz-based GraphOn has been issued a patent in the area of user-managed online databases that describes a Web site configured to receive a request from a user to update personal financial information on the site, verify the user’s identity, and allow financial information to be updated if the user’s response contains a proper password. The ‘464 patent is directed towards updating personal financial information on a Web site. In particular, the patent describes a Web site configured to receive a request from a user to update personal financial information on the site, verify the user’s identity, and allow financial information to be updated if the user’s response contains a proper password. GraphOn has been an innovator of cost-effective, advanced solutions that help customers access applications from anywhere.

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Hypercom Hires Former Gemplus Exec for EMEA

Hypercom is hiring Kazem Aminaee, formerly with Gemplus, Ingenico and Bull Smart Cards & Terminals, as SVP and General Manager of Hypercom EMEA. He will be directing and driving the company’s sales, service and support in Europe, the Middle East and Africa. Aminaee served as SVP, Financial Services, EMEA for Gemplus, for the past two years. He has more than 18 years of expertise in the electronic payment, ATM and smart card industries and is fluent in three languages.

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Discover Small Business Index Rises

A monthly small business survey has determined that 44% of small business owners rated the economy as “excellent” or “good” while only 22% rated it as “poor.” The “Discover Small Business Watch” rose sharply in October to 120.0, compared to 107.7 in September. More small businesses indicated in October they will increase spending on business development activities, and fewer (32% v. 38% last month) said they would decrease investment spending. Discover also found that only 34% of small business owners said they experienced temporary cash flow issues over the past 90 days, down from 39% in both September and August. Similarly, 61% reported no cash flow issues, up from 58% and 59% in the first two months of the survey, respectively.

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Pay By Touch Expands in Georgia

Georgia-based Crook’s Marketplace and Hit N’ Run have deployed the Pay By Touch biometric payment solution. As a special introductory offer, shoppers who enroll in the ‘BioPay’- branded* finger scan system at Crook’s will receive a free half gallon of Mayfield ice cream and get $5 off their next purchase when they spend $25 or more using the system. Those that enroll at the Hit N’ Run will get a free fountain drink and candy bar at enrollment and, after their third use, a free 12-pack of Coke or Pepsi products. Pay By Touch (www.paybytouch.com) is wowing the world one touch at a time as the leader in biometric authentication, personalized marketing and payment solutions. Crook’s is family owned and has proudly supported the local community since 1913 years.

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Hypercom Names a Top Exec for EMEA

Hypercom is hiring Kazem Aminaee, formerly with Gemplus, Ingenico and Bull Smart Cards & Terminals, as SVP and General Manager of Hypercom EMEA. Mr. Aminaee has more than 18 years of expertise in the electronic payment, ATM and smart card industries. Previously, Mr. Aminaee held multiple executive positions at electronic payment solutions provider Ingenico Group. He holds a Master’s Degree in Engineering with emphasis on Electronic Systems Engineering and Digital Signal Processing from the University of Orsay in France. Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products and services.

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NCO Group’s Net Income Increases 50%

PA-based NCO Group reported that third quarter net income soared to $11.4 million compared to $7.6 million for 3Q/05. The current quarter included $3.6 million in special restructuring costs while the year ago quarter was impacted by Hurricane Katrina. For the third quarter, ARM North America’s revenue was $205.7 million, up 10% over 3Q/05. CRM revenue rose 40% to $62.8 million. Portfolio Management’s revenue was $55.3 million, an increase of 58% over 3Q/05. ARM International’s revenue was about $8.4 million compared to $3.5 million in the third quarter of 2005. NCO Group is currently in the midst of a merger with One Equity Partners and its affiliates with participation by Michael Barrist, its Chairman, President and CEO. The merger is expected to close in the fourth quarter. For complete details on NCO Group’s third quarter results, visit CardData ([www.carddata.com][1]).

NCO GROUP NET INCOME HISTORICAL
3Q/05: $7.6 million
4Q/05: $7.5 million
1Q/06: $10.5 million
2Q/06: $10.0 million
3Q/06: $11.4 million
Source: CardData (www.carddata.com)

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

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TranSend Intros Voice-Activated Bill Pay

OH-based TranSend has launched “Voice-Activated Bill Pay” for users of its “Axcess America” prepaid cards. This unique system enables cardholders to set up their payees online and make payments easily and securely using user-defined voice commands such as “Pay utilities” or “Pay phone bill.” Axcess America cardholders can pay bills, check balances, review transaction history, and transfer funds online or over the phone. The Bill Pay feature offers substantial savings versus checks, stamps, and money orders, in addition to the convenience and time savings attainable by paying multiple bills with one phone call. TranSend focuses on empowering underserved consumers by providing them with cost-effective access to the most powerful financial solutions available.

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Diebold’s Q3 ATM Revenue Rises 14%

Diebold posted third quarter revenue of $730.7 million, up 17.4% from 3Q/05. Net income for Q3 was $29.5 million, compared to net income of $13.5 million in the third quarter of last year. The Company says profits were impacted by restructuring charges. During the quarter, Diebold completed a successful pilot production program at its new manufacturing facility in Budapest, Hungary, and received the necessary governmental quality certifications needed to begin shipments to customers. The plant is operating according to plan and is expected to produce more than 1,000 “Opteva” ATMs in the fourth quarter. Diebold’s ATM business or “Financial Self-Service” revenue was up 14.4% for the quarter, led by an increase of 22.8% in the EMEA region. The Company expects full-year 2006 revenue for its ATM business is grow between 5% and 7%. For complete details on Diebold’s third quarter results, visit CardData ([www.carddata.com][1]).

DIEBOLD REVENUE HISTORICAL
3Q/05: $622.3 million
4Q/05: $817.6 million
1Q/06: $623.7 million
2Q/06: $726.4 million
3Q/06: $730.7 million
Source: CardData (www.carddata.com)

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

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ATM Surcharges Set a Record High

A new survey has found that ATM surcharges set a record high of at $1.64, up from $1.60 in the spring. Bounced check fees also hit a new high of $27.40, up from $27.04 six months ago. Bankrate’s fall “2006 Checking Study” also found that fewer banks are charging their own customers for using another bank’s ATM. The survey found that the percentage of banks with ATMs jumped notably over the past two years from 91% in fall 2004, to more than 98% now. The fee charged when an accountholder uses another bank’s ATM declined for the second time in a row, and is now the lowest in more than four years. The average fee dipped from $1.29 to $1.25, with the number of banks increasing the fee slightly outnumbering those that reduced the fee, 22-19. Bankrate notes that although the prevalence of the ATM surcharges and the average fee assessed to non-accountholders have both increased in the past year, it is the decline in the non-bank ATM fee and the decreased prevalence of the fee that has the biggest effect.

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DCS’ CardWizard Expands in Kentucky

KY-based Commonwealth Bank & Trust Company has implemented Dynamic Card Solutions’ “CardWizard,” for instant issue and PIN selection software application, throughout its branch locations. The CardWizard product is providing instant issue convenience in 11 of Commonwealth’s 13 branches and will be available at new branches as they open. DCS’ CardWizard instant issue software provides an easy and secure method to instantly issue and re-PIN cards, along with a user-friendly administration component that allows for full reporting, card inventory management, robust security and monitoring features required for instant issue. Additionally, DCS provides solutions for customer-selected PIN and re-PIN processes that complement its CardWizard integrated instant issuance platform. Commonwealth Bank was formed as a community bank focused on the financial needs of the economy with an emphasis on personal service and quality products. Dynamic Card Solutions is an innovative developer of instant issuance and PIN selection solutions for banks, credit unions and retailers.

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