CB 2005

Groupement des Cartes Bancaires, the association of French card issuers, reports it now has 51.2 million cards-in-force, a 4.2% increase over 2004. The figure means almost 90% of French adults have a payment card, mostly debit, issued by a CB bank. The number of card transactions (sales and cash) increased to 6.27 billion last year, compared to 5.91 billion in 2004. Gross volume hit 236.8 billion euros. CB cards are now accepted at more than one million locations in the country. There are currently 46,151 ATMs compared to 36,912 five years ago.

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Fifth Third Signs Sabine State B&T

LA-based Sabine State Bank and Trust Company has signed a six-year contract with Fifth Third Processing Solutions for EFT services. Sabine State Bank and Trust Company has $500 million in assets . Fifth Third Bank Processing Solutions processes over 17 billion ATM and POS transactions per year for more than 1,480 financial institutions and over 127,000 retail locations worldwide.

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Triton’s Calypso Europe Acquires Two Firms

MS-based Triton and its Calypso Europe subsidiary have acquired the ATM estate and ATM management services of Cash Point Machines and the ATM estate, repair and warehousing operations of InfoCash. Between the two acquisitions, Calypso Europe has acquired processing agreements in excess of 15 million ATM transactions per year. Triton says it will continue to sell ATM solutions for the retail market exclusively through independent ATM deployer partners. The acquisitions position Triton to provide direct in-country warehousing, parts, repair, and technical service related support for all their products. In addition, Calypso Europe will provide expanded ATM processing, monitoring and management services. 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.

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Mini NFC/RFID Reader/Writer Introduced

Wireless Dynamics has introduced the “SDiD 2010”, the first NFC (Near Field Communications) and RFID (Radio Frequency Identification)
Reader/Writer in mini-SD Card form factor. Consumers can use their
mini-SDiD enabled phone to make contactless payments, redeem coupons and
receive instant rewards. Professionals can use their “SDiD 2010”-enabled
wireless devices for pharmaceutical, health-card, logistics, security
and other RFID applications. The “SDiD 2010” is also integrated with the
SAM (Secured Access Module) used for many contactless payment standards
for smartphones, cell phones and PDAs.

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American Associates Acquires EPP Secure

American Associates Group has agreed to acquire 100% of San Diego-based EPP Secure, a provider of electronic payment processing services and solutions. EPP specializes in secure, alternative direct payment applications over the internet, internet security solutions and stored value systems which support gift card issuance and redemption as well as pre-paid account management and processes both ACH (Automated Clearing House) Electronic Check and Billing transactions as well as processes bank exchangeable images in support of recent Check 21 legislation. American Associates Group, Inc. is a technology and software company which specializes in internet security and online alternative payment processing.

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GlobalPlatform Holds Smart Card Conference

GlobalPlatform will hold a one-day business seminar, “Advancing Open Smart
Card Standards for Government and Mobile Telecom,” co-hosted by Gemplus
and VISA and to be held at the InterContinental Hotel in Singapore on
April 25, 2006.
At the seminar, participants will learn about the value of smart card
standards, initiatives for e-government and e-passports in Asia Pacific
and abroad, and successful GlobalPlatform standards implementations for
government, ID, mobile telecom, and contactless smart card programs.

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Card Scamsters Settle with the FTC

Platinum Universal, LLC, and Pulsar Data Inc. settled FTC charges involving an advance fee scam for credit cards they were never delivered. The companies traded as “Universal Card Services” and “Universal MasterCard.” The companies offered guaranteed, pre-approved cards with a credit limit up to $2,500 for an advance fee ranging from $99 to $200. According to the complaint, consumers who paid the fee did not receive a credit card or received a stored value card or instructions on how to obtain the stored value card. A judgment of $900,000 was suspended due to the defendantsâ™ ability to pay only the $21,491 in assets that were frozen by the court in 2003.

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DCMC

Japan’s NTT DoCoMo and its eight regional subsidiaries are launching a mobile credit payment service. The “DCMX” consumer credit service will use “iD,” DoCoMo’s brand and platform for mobile credit cards. Users of Osaifu-Keitai phones with wallet functions will be able to choose from two plans to make highly secure purchases from small to large amounts using their phones as DoCoMo-issued credit cards. The “DCMX mini” will be launched on April 28th, and will offer a monthly credit line of 10,000 yen. Credit lines from 200,000 yen as well as cash advances will be available under a separate service, also called “DCMX,” which will offer several repayment options. Payments made via “DCMX” will earn points that can be redeemed for discounts on products and services from DoCoMo and other participating establishments. DoCoMo also plans to offer a premium “DCMX GOLD” mobile credit-card service in the future.

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Parcxmart Introduces Instant Rewards

NH-based Parcxmart Technologies has launched a loyalty card that enables merchants to set-up their own individualized rewards program and to optionally link up to other merchants. The new “Instant Cool Rewards” program can engage in up to ten individualized merchant rewards programs. Merchants configure the number of purchases necessary to trigger an award which is then printed on the receipt. Parcxmart also offers a smart card that is the first fully-functional parking and local merchant smart card payment system.

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GBS Picks Q Comm for POS Terminals

Global Business Services has selected Q Comm International in
an exclusive agreement to provide point-of-sale terminals and
transaction processing software for distribution of prepaid products
throughout Saudi Arabia, United Arab Emirates, Qatar, Bahrain, Oman,
Kuwait and the rest of the Middle East and North Africa. GBS purchased
4,100 “Q Xpress 200” POS terminals to date as part of Q
Comm’s Service Bureau model and is responsible for buying and reselling
prepaid products, deploying POS terminals, generating sales reports and
managing customer support going forward. In relation to the terminal
sale, Q Comm will recognize revenue of $610,000 and an impairment charge
of $776,000 in the first quarter of 2006. Global Business Services is a
full-service provider of cross-platform interactive media solutions.

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Hypercom Board Adds an Oberthur Executive

Hypercom has named Philippe Tartavull, president of Oberthur Card Systems North and Central America, to its Board of Directors. Tartavull has 12 years of experience in the management of electronic payments and system integration organizations. Prior to joining Oberthur Card Systems in 1999, Tartavull was for six years president and CEO of Syseca Inc, a provider of system integration services and mission-critical software for various industries including transportation and utilities. He holds a graduate degree from the Anderson School of Management through their Executive Program.

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