Triton Adds a Marketing Projects Manager

ATM manufacturer Triton Systems has hired Alicia Blanda as Marketing Projects Manager. Blanda, who has more than 15 years of experience in advertising, marketing and public relations, and seven years of experience in the financial services industry, is responsible for the company’s public relations efforts and marketing to the financial services industry. 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.

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NCO Drives ARM Index to a Near High

The indicator of economic conditions affecting the accounts receivable management industry rose to just below its all-time high. The index was driven by the market capitalization of public ARM companies, especially the upcoming buyout of NCO Group. The “Kaulkin Ginsberg Index” for June rose to 1472.5 compared to 1458.6 for the prior month. During the first quarter the ARM index hover around 1200. The KGI remains up 13.0% year over year. KGI says the Index should continue to gradually increase until after the completion of the NCO Group buyout Last month PA-based NCO Group inked a definitive agreement to be acquired by One Equity Partners and Michael Barrist, Chairman, President and CEO of the Company for $1.26 billion. The price represents a 44% stock premium. (CF Library 7/25/06)

KGI HISTORICAL
Jan 06: 1179.3
Feb 06: 1229.3
Mar 06: 1222.4
Apr 06: 1472.7
May 06: 1458.6
Jun 06: 1475.2
Source: Kaulkin Ginsberg

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PSCU Signs Firstmark CU for Processing

San Antonio, TX-based Firstmark Credit Union with 21,000 credit cardholders has signed a long-term credit card processing agreement with PSCU Financial Services. The credit union is launching an ambitious campaign to grow its credit portfolio, so it had very high requirements for its new credit processor, according to Connie Shoemaker, Firstmark Credit Union’s Vice President of Retail Lending. Firstmark Credit Union (formerly San Antonio Teachers Credit Union) is a member owned, locally controlled, not-for-profit financial cooperative. PSCU Financial Services is owned by more than 500 member credit unions representing 10 million cardholder accounts and more than 345,000 online bill payment subscribers.

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TNS to Support 20K ACS POS Terminals

Affiliated Computer Services has selected TNS to provide cohesive transaction processing networking for more than 20,000 POS terminals nationwide for EBT. EBT is the electronic system that allows a recipient to authorize transfer of their government benefits from a Federal account to a retailer account to pay for products received. ACS, a global FORTUNE 500 company with more than 55,000 people supporting client operations reaching nearly 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. Transaction Network Services is one of the leading providers of business-critical, cost-effective data communications services for transaction-oriented applications.

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Zebra Intros Desk-Top Dual-Sided Printer

Zebra Technologies has unveiled the “Zebra P430i” desktop plastic full-color card printer/encoder with dual-sided printing. The Zebra P430i uses the same wide range of options as Zebra’s industry-leading P330i single-sided printer. A patented card feeder system provides reliability via simplicity, using the weight of the card stack itself to ensure consistent feeding. Zebra Card Printer Solutions is a division of Zebra Technologies Corporation, which delivers innovative and reliable on-demand printing solutions to businesses and governments in 100 countries around the world.

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ICMA Opens Registration for Athens EXPO

The International Card Manufacturers Association’s “Annual EXPO” has been scheduled for October 8 to 11 in Athens. Seminar topics will range from contactless technology, card design and personalization trends to advanced ID technologies and card materials. In addition to the main conference program, ICMA will also reveal the results of the “Annual ICMA Global Market Survey.” Participating sponsors include Kurz, Lucchesi, Pittsburgh Embossing Services, Waytek, Spartanics, Digicard, Bayer Material Science and MasterCard.

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ZAO Citibank Gets a New Country Business Manager

Citigroup has named a new Country Business Manager
for ZAO Citibank, with responsibility for all consumer financial
services in Russia, including banking, lending, wealth management,
credit cards and consumer finance. Joel Kornreich, who joined Citigroup’s Global Consumer Group in 1991, will lead the fast growing Russian market. Since launching consumer banking in November 2002, Citibank has opened 38 branches, more than 200 ATMs in Moscow and St. Petersburg and gained over 400,000 consumer accounts.

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Wells Rolls-Out VISA Contactless Nationwide

Wells Fargo is now issuing cards with the “VISA Contactless” option. The issuer, which first announced the new cards in June, says it expects to issue 400,000 cards by year end. Wells is distributing contactless cards to select customers as a replacement to their expired “VISA Platinum” or “VISA Signature” credit cards. Customers can also request their current cards be upgraded to include the contactless feature and customers opening new credit card accounts will have the opportunity to request the feature later this year. Wells is initially sourcing its contactless cards through the “VISA Smart Breakthrough” program, and is currently using cards manufactured by CPI Card Group powered by the “MicroPass” platform from INSIDE Contactless. The new cards will be personalized by First Data. The industry has been pushing contactless cards since last May when Chase introduced the “blink” VISA and MasterCards. Since then Chase has issued nearly seven million cards in the USA. (CF Library 6/14/06; 7/31/06)

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Convenient Cards Partners with i2c

CA-based i2c has been chosen as a transaction processing partner by Convenient Cards. Using MCP’s flexible design, Convenient Cards can specify card parameters, set transaction limits, establish fees and charges, manage sales channel activity, and define services they wish to offer to cardholders. Convenient Cards has developed a Co-branded Turnkey Program with multiple cards, offering a variety of functions and applications reaching numerous markets. i2c is a leading, global technology provider of electronic payment processing solutions.

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MBNA Discounts European Football Credit Cards

MBNA Europe has launched special pricing on its football credit cards. MBNA is offering a 0% interest on card purchases for 3 months from the date the account is opened and a 0% interest rate on balance transfers for 12 months. After the introductory period the card will revert to a typical interest rate of 15.9%. “Premiership” cardholders also generate a contribution to football clubs each time the credit card is used. MBNA is the largest provider of football affinity credit cards in the U.K. and currently provides branded credit cards to all twenty “Premiership” clubs.

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