VendTek Signs New Agreement with Pioneer

VendTek Systems’ wholly owned subsidiary Now Prepay has entered into a new
agreement with Pioneer Petroleums based in Burlington, Ontario to
implement Point-of-Sale Activation terminals. The new software allows
physical cards to be sold through the “e-Fresh” system along with virtual
products. It will also allow Now Prepay to add other swipe activated
products as they become available. Additionally, Now Prepay is working
with Bell Canada to deliver a set of prepaid long
distance products that can be activated at Pioneer Petroleum Snack Express
sites. Pioneer has 150 locations throughout Ontario and initially 88
Snack
Express stores will have the POS activation terminals. VendTek develops
and licenses automated transaction system software and supporting
technologies.

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Datacard Provides Turnkey EMV Smart Cards

The Datacard Group has announced that it has successfully implemented a
fully-integrated EMV smart card solution for the Industrial Commercial
Bank of China. The “Affina” smart card issuance and management
software suite enables card issuers to introduce smart cards into their
existing Datacard production environments affordably for pilot and rollout program phases. The modular and scalable platform allows an issuer to reuse the same software and hardware resources as the size and needs of their smart card program change over time. Datacard Group provides secure
ID and card personalization solutions in more than 120 countries.

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NEW BMO MC

Montreal-based BMO Financial Group has introduced an enhanced “Corporate
MasterCard” that offers businesses automated purchasing and management
tools that improve control over decisioning and automation and
significantly reduces the time and cost associated with traditional paper
processing. The new Corporate MasterCard makes it easy for businesses to
consolidate tracking, managing and analysing purchasing activities using
BMO details Online, a service which allows them to access, manipulate,
export and integrate purchase data into their own existing data management
systems. BMO Financial Group is a highly diversified North American
financial services organization with total assets of $306 billion.

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Xi-Sign 4500 Introduced for Visually Impaired Users

XIRING has introduced “Xi-Sign 4500,” the first CAP-compliant device to
offer a smart card based authentication solution for visually impaired
users. “Xi-Sign 4500” features a specific audio interface based on the
patented “Chip-to-Speech” technology that enables the device to recite
any text displayed on the screen in a clear recorded voice and is
accessed with a discrete earphone. Using this function, the device can
“read” the one-time password calculated by the EMV banking card and
also read back the transaction logs from the card so a user can audibly
check the amounts charged to the card.

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NCR Teradata to Support Argencard

Argencard has selected NCR’s Teradata to deploy an enterprise data
warehouse. The Teradata Warehouse, the Teradata Financial Services
Logical Data Model, Teradata Warehouse Miner and associated professional
consulting services will support the business initiatives of Argencard,
which provides MasterCard services for 70 issuing financial institutions
with more than two million cardholders and 300,000 affiliated merchants.
In addition, Teradata Warehouse Miner data mining software will enable
Argencard to enhance its fraud prevention capabilities. Teradata provides
enterprise data warehousing, analytic applications and data warehousing
services.

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Rahaxi Achieves EMV Certification

FreeStar Technology has announced that its Rahaxi Processing Oy.
subsidiary has received EMV-certification for VISA, MasterCard and all
domestic Finnish cards used with its “Rahaxi-OTI” Point Of Sale
middleware solution. Rahaxi Processing Oy is now able to offer secure,
online EMV-card transaction processing to merchants as well as to POS
software and hardware vendors in addition to traditional magnetic stripe
card transaction processing.

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Credit Card Mail Rises 8% in 2005

The top ten issuers mailed out 7.6 billion direct mail credit card offers to consumers last year, about 5% more than 2004. Totally, the credit card industry sent out 8.2 billion direct mail pieces in 2005, an increase of 8% over the prior year. American Express solicitations jumped 27% to 999 million as it expands card partnerships with banks. Mintel Comperemedia also reports that Discover increased its card mail by 12% last year, mailing out 485.5 million offers. Capital One and Citibank eased back on mail offers during 2005. Capital One mailed out 1.1 billion pieces, a 24% drop over the prior year. Citibank offers declined 20% to 905 million, according to Comperemedia.

2005 TOP CARD MAILERS
(pieces in millions)
Chase 1809 +6%
Cap One 1055 -24%
AmEx 999 +27%
Citi 905 -20%
HSBC 671 + 3%
MBNA 649 +73%
WaMu 486 +48%
Disc 485 +12%
BofA 403 – 1%
Source: Mintel Comperemedia

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China’s ICBC Deploys Affina EMV Solution

The Datacard Group has announced that it has successfully implemented a fully-integrated EMV smart card solution for the Industrial Commercial Bank of China. The “Affina” smart card issuance and management software suite enables card issuers to introduce smart cards into their existing Datacard production environments affordably for pilot and rollout program phases. The modular and scalable platform allows an issuer to reuse the same software and hardware resources as the size and needs of their smart card program change over time. Datacard Group provides secure ID and card personalization solutions in more than 120 countries.

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First Annapolis Expands Card Issuing Team

First Annapolis has hired Brent Samuels, formerly with MBNA, as a member of its “Card Issuing” team. With over eight years of card industry experience, Samuels joins us from MBNA where he managed and marketed many of the company’s affinity programs in the education and professional services sectors. Most recently, Samuels focused on MBNA’s new market development efforts where he evaluated opportunities in segments such as the brokerage, healthcare and real estate markets.

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Elvis Presley Prepaid VISA to Launch

EDP Licensing has been granted rights for an Elvis branded debit card program from Elvis Presley Enterprises. The “Elvis Presley Prepaid VISA” card will launch later this month. EDP Licensing, EDebitPay and EDP Secure Deposit Card are wholly-owned subsidiaries of EDP Technologies Corporation. Elvis Presley Enterprises is a subsidiary of CKX, Inc. CKX is engaged in the ownership, development and commercial utilization of entertainment content.

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