Ontario Systems Names New Executives

Ontario Systems has appointed Jay P. Moorman vice president of client services and W. Douglas Allgood was elected vice president of
research and development. Moorman previously served as Ontario Systems’
support services director and has worked for the software developer for
nearly 12 years. Allgood was most recently vice president of enterprise application services for Chemtura Corp. Aditionally, Brad Chenoweth, who most recently served as vice president of client services, was named vice president for the sales and marketing communications groups, returning to a group where he began his career at Ontario Systems.
Ontario Systems provides debt collection software to organizations
that manage large volumes of accounts receivables.

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CyberSource Fraud Screen Now Available

CyberSource Corporation and Visa Canada announced the availability of
CyberSource “Advanced Fraud Screen” enhanced by Visa to the
Canadian market. “Fraud Screen” provides fraud risk
prediction scores. It does so through behavioral scoring by assessing over
150 order variables such as Canadian and international address validation,
order frequency, and order history. Risk scores are typically calculated
in less than 2 seconds. The service is further enhanced by Visa’s Virtual
Intelligence Risk Technology, which provides ongoing model updates using
knowledge of global fraud trends and online and offline payment card usage
patterns to improve fraud detection accuracy for card-not-present
merchants. CyberSource Corporation is a provider of electronic payment and
risk management solutions.

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National City Consolidates Rewards Program

OH-based National City has launched a new comprehensive bank rewards program. Customers earn points for debit card, credit card, bill payment, check writing transactions as well as home equity or small business line of credit. The program enables small business owners to combine their business and consumer points into one account. Families also can accelerate accumulation of points by consolidating multiple accounts from one household. Additionally, customers can choose to accumulate points for larger rewards, with a four-year redemption window. National City will support the launch with a fully integrated outdoor, print, online and television campaign.

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Al Rajhi Bank to Deploy Biometric Opteva ATMs

Al Rajhi Bank has purchased 240 “Opteva” ATMs through Diebold’s business
partner in the Kingdom, Alhamrani Universal Company. Diebold’s Agilis
software will enable the integration of biometric technology in Opteva
terminals purchased by the bank. Diebold will manage the implementation
of 82 biometric terminals, providing overall development of the biometric
software solution, and will create a customized user interface in the
local language. The biometric units will be deployed at Social Security
offices throughout Saudi Arabia. The machines will allow 400,000 retirees
to access monthly retirement payments. The biometric technology will
replace the use of PINs for the authentication of identity.

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DRFS Hires a New Chief Financial Officer

Los Angeles-based Direct Response Financial Services has hired Daniel Brandt as its CFO. Brandt will immediately assume all responsibilities as Chief Financial Officer for the Company. This will include financial oversight of the rapidly expanding Direct2Own division as well as Direct Card Services, LLC. Brandt was educated at Arizona State University where he obtained degrees in International Business, Supply Chain Management and Spanish. Direct Response Financial Services, Inc. provides financial, technology and marketing solutions for serving unbanked and under-banked consumers. Direct2Own enables individuals with no credit or sub par credit to purchase items such as computers, televisions, cell phones and audio equipment with just a small down payment and affordable monthly payments.

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Diners Club Rewards Adds Surprises

Diners Club this week released its latest “Club Rewards” catalog which now includes “Club Rewards Surprises,” and also announced the addition of EVA Airways Evergreen Club and SpaWish.com to its program. Cardmembers can now use points for an exclusive three-day E. & J. Gallo Winery experience in California’s Sonoma Wine Country or for tickets to one of Hollywood’s premier primetime television awards shows. Newly established partnerships with TicketsNow and Broadway.com provide the option of using Club Rewards points for sporting events, concerts and theater productions nationwide or for Broadway and Off-Broadway show gift certificates. Cardmembers looking to race their own stockcar, redeem for ski pass certificates accepted at more than 200 resorts in North America or float in a hot air balloon now have the option of doing so with new experience offerings.

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INDIATIMES VISA

Mumbai-based ICICI Bank and Indiatimes have teamed to launch a co-branded rewards credit card. The new “Indiatimes ICICI VISA” offers 10% cash-back on most online purchases made on the Indiatimes shopping portal. The card also produces 5% cash-back on air travel tickets sold via the Indiatimes shopping portal. Additionally, cardholders are eligible for discounts up to 40% on certain Indiatimes purchases. Furthermore, cardholders earn four reward points for every Rs 200 spent at Indiatimes. The points are redeemable for purchases on the shopping Web site. Indiatimes has set up a special section on its Web site, called “ShopMore” which is for the exclusive use of “Indiatimes ICICI VISA” cardholders. There are currently 1.8 million consumers shopping on the entire Indiatimes Web site which includes more than 500 merchants.

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Pay By Touch System Expands in the Midwest

After testing the new Pay By Touch biometric payment system in Portland, Oregon for a year, Albertson’s has decided to expand its deployment of the biometric payment systems in its Jewel-Osco stores throughout the Midwest. The rollout began in the Chicago area early this year and is expected to be completed in all 204 Jewel-Osco stores this month. To date, Pay By Touch has more than 2.3 million shoppers using biometric authentication products and services at more than 2,000 locations nationwide. Last month the Company landed its first merchant in Alabama. Also in February Pay By Touch launched “Pay By Touch Online.” This month Pay By Touch launched its first UK implementation at the Midcounties Co-operative supermarket in Oxford. (CF Library 2/3/06; 2/7/06) (CFI Library 3/14/06)

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Global Payments to Ring the NYSE Bell

Global Payments will ring the opening bell at the NYSE tomorrow morning to commemorate Global’s fifth anniversary. Chairman, President and CEO, Paul R. Garcia, will lead the ceremony along with a delegation of Global Payments’ employees, who were chosen by lottery to represent the company’s divisions and major locations. Global Payments is a provider of electronic transaction processing services.

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FASTLINE Network Hires a Natl Sales Mgr

The new Colorado-based FASTLANE payment network has hired Harry Clark, formerly with Certegy, Verifone, and Ingenico, as National Sales Manager. Clark brings over 20 years of respected, award winning, industry experience ranging from Network Operations to Sales Management and has also worked for some of the top companies in the industry from network service providers to terminal manufacturers including such industry leaders as Verifone, Ingenico and most recently Certegy. While at Certegy, Clark increased the number of direct resellers to include numerous high profile ISOs. Clark also managed ISO relationships to promote loyalty and business growth. The FASTLANE payment network utilizes a single swipe of customer’s drivers license and the consumer’s identity is verified and access is gained into FASTLANE’s Virtual Payment Network (VPN).

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HSBC Signs Storehouse Furniture Card Deal

HSBC-North America has signed a multi-year agreement to renew its retail credit program with Storehouse Furniture, which operates more than 60 stores located in upscale village centers throughout the Southeast, the Mid Atlantic and Texas areas. In addition to providing Storehouse customers with a more convenient way to pay for their furniture purchases, the Storehouse credit card offers cardholders additional buying power and customized financing options. Cardholders also receive advanced notice of sales and special in-store events.

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