AmEx Adds Delta & JetBlue to OPEN Savings

American Express has expanded its “OPEN Savings” program with the launch of airline partners Delta Air Lines and JetBlue Airways. Small business owners using any “American Express Business Card” can receive an automatic 3% discount on the total cost of Delta and JetBlue flights. In addition, cardholders who purchase Delta flights with the “Delta SkyMiles Business Card” or “SkyPoints Delta Business Card,” or who purchase JetBlue flights with the “JetBlue Business Card,” will receive an additional 2% discount, for a total savings of 5% off the total cost of Delta or JetBlue flights. AmEx says “OPEN Savings” has delivered more than $100 million in savings to “AmEx Business Card” users since 2004.

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U.S. Bank Earns #1 Campus Card Ranking

U.S. Bank, which now has 28 campus card banking partnerships, received the highest ranking by CR80News, a trade publication about the identification technology industry. CR80News conducted a similar survey in 2003 of campus card programs with financial institution partnerships. The study found 47 partnerships among participating banks. U.S. Bank is a subsidiary of U.S. Bancorp (NYSE: USB). With $213 billion in assets, U.S. Bancorp is the 6th largest financial holding company in the United States.

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Valutec Certified on the Optimum T4100

Hypercom and Valutec Card Solutions announced the “Class A” certification of Valutec’s gift and loyalty card products on Hypercom’s high-speed multi-application “Optimum T4100” payment terminal. Valutec functionality can be deployed on the T4100 in a standalone scenario that provides the flexibility to mix and match payment applications, does not interfere with legacy software, and eliminates the need for software integration. Valutec Card Solutions is the leading provider of turnkey gift and loyalty card services to small and mid-market general and specialty retail, restaurant, spa/beauty salon and hospitality merchants. Global payment technology leader Hypercom Corporation (NYSE: HYC) delivers a full suite of high security, end-to-end electronic payment products and services.

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Card Express Expands Prepaid to ISOs

CA-based Card Express is expanding its prepaid card processing services to ISOs. This expansion follows 10 years of experience building successful gift and incentive programs for thousands of corporations around the world including dozens of Fortune 500 companies. In the process, CardEx has managed to streamline card ordering, fulfillment, transaction processing and customer service processes, making it extremely easy for any reseller or ISO to offer these products to their clients without the need for system upgrades or IT investments. Card Express, Inc. (CardEx) is a leading processor of prepaid debit card products and services utilizing the Visa and MasterCard networks.

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Pay By Touch Hits 3 Million Enrollees

San Francisco-based Pay By Touch has hit three million enrolled members. At the beginning of this year the biometric payment authentication specialist had 2.0 million enrollees growing to 2.3 million at the end of the first quarter. The firm has 2,400 biometric payment locations nationwide. Pay By Touch also provides payment processing solutions for ACH, card-present and card-not-present debit and credit transactions for 138,000 retail clients and manages personalized rewards programs for 130 million opt-in consumer profiles. Pay By Touch is part of Solidus Networks which was formed in 2002.

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Saylent Technologies Intros Y-Debit

MA-based Saylent Technologies has released “Y-Debit,” a debit card management solution. The Y-Debit solution analyzes card usage, increases profitability and improves debit offerings. The solution is comprised of three modules focused on marketing, profitability and rewards management. The Card Management module integrates customer, account and card data with the associated online and offline transaction activity, enabling financial institutions to understand and track usage patterns. Saylent Technologies, based in Medway, Massachusetts, is a leading provider of debit card management solutions for the banking, credit union and payment industries.

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MasterCard to Sponsor Baseball Through 2010

MasterCard Worldwide and Major League Baseball have signed a new global sponsorship agreement through the 2010 season. Along with its sponsorship of MLB, MasterCard has sponsorship alliances with 17 MLB Clubs, including a new relationship with the New York Yankees this year that, for the first time, makes MasterCard the preferred card of both NY-based Clubs. MasterCard also noted that 12 MLB ballparks began accepting MasterCard “PayPass” this season. As part of the deal, MasterCard will make significant media commitments to regular season and “Jewel Event Major League Baseball” broadcasts. They also will be a participating sponsor at “MLB All-Star FanFest,” the interactive baseball theme park that opens “Major League Baseball All-Star Week,” and will be a title sponsor of one of the event’s major attractions. MasterCard has been an official sponsor and the preferred card of Major League Baseball Properties since 1997 and MLB Advanced Media since 2001.

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ViVOtech Receives a Best Vendor Award

ViVOtech has been honored with a MasterCard “Best Vendor Partner Award.” The Company was the first vendor to deliver stand-alone contactless readers for MasterCard “PayPass.” ViVOtech has delivered more than 15,000 contactless readers. ViVOtech was also the first vendor to receive global certification under the MasterCard “PayPass” program. The “ViVOpay 5000 Global” readers offer EMV and non-EMV contactless transactions. “PayPass” has been rolled-out in the U.S., Taiwan, Malaysia, Australia, China, Japan, Thailand, the Philippines, Lebanon and South Africa.

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Pay By Touch Lands a Home Depot Exec

San Francisco-based Pay By Touch has hired John Costello, former EVP of Merchandising and Marketing for The Home Depot, as President/Consumer & Retail. Costello brings more than 25 years of general management, retail and technology leadership to Pay By Touch. In his new role, he will work closely with John Rogers and John Morris, Pay By Touch’s President and COO, to lead the company’s biometric authentication and payment services, while also spearheading its new personalized marketing and online services lines of business. Pay By Touch is wowing the world one touch at a time as the leader in biometric authentication, personalized marketing and payment solutions.

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JULY DEBT

Credit card debt soared to a new record of A$36.7 billion in July. After
setting a new monthly high in May, credit card volume has declined for two
consecutive months. Card volume dropped to A$15.4 billion during July, compared
to A$15.7 billion in June. During the past twelve months, credit card debt has
increased 17% in Australia. For July, credit card balances increased $100
million from the previous month. One-year ago credit card debt stood at A$31.4
billion. Gross dollar volume on credit card and charge cards was A$13.5 billion
one-year ago. Year-on-year credit card volume has increased 14% in Australia.
Card credit limits reached A$98.8 billion at the end of July, compared to
A$87.2 billion for July 2005. There are currently 13.0 million credit card and
charge card accounts in Australia, compared to 12.1 million one-year ago.

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GE Money & PeachDirect Intro a Card

Los Angeles-based PeachDirect, a direct-to-consumer retailer has launched the “PD Platinum Card(TM) with GE Money’s Retail Sales Finance unit. The new card is now available to consumers nationwide through the company’s Web site at www.peachdirect.com. PeachDirect is a direct-to-consumer retail company offering brand-name consumer products. GE is Imagination at Work — a diversified technology, media and financial services company focused on solving some of the world’s toughest problems.

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Qualtex Teams with Triton & Dash ATM

Qualtex has joined Triton’s VAR program and has has partnered with Dash ATM to provide complete ATM and kiosk solutions for banks and credit unions in Illinois, Indiana, and Wisconsin. Dash ATM manufactures environmentally controlled drive-up and walk-up ATM enclosures. Triton is the largest provider of off-premise ATMs and ATM management software in North America and has more than 145,000 installations in over 23 countries worldwide. Qualtex is a leading provider of ATM hardware and processing services, managing over 1500 ATMs in the United States.

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