EFMARK-Bantek Names an EVP for ATMs

ATM maintenance specialist EFMARK-Bantek has hired Anthony Manno, formerly with Fujitsu, as EVP of the Field Services division. As the integration of the country’s two leading ATM service companies continues, Manno will oversee the new company’s expanding portfolio of ATM support services. His area of responsibility, the Field Services division, encompasses first and second line maintenance, project management, installation services, and call center operations. Manno has more than 25 years of experience in the ATM industry, beginning as an ATM technician at Mellon Bank.

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CPI Card Group Adds Another Black Belt

CPI Card Group reports that Quality Manager Vin Benevento at its Colorado plant has received his “Six Sigma Black Belt”. Six Sigma is a disciplined, data-driven approach and methodology for eliminating defects in any process from manufacturing to transactional and from product to service. These projects are put in place in order to increase customer satisfaction levels and business productivity. CPI Card Group, a world leader in plastic card manufacturing for over 20 years, offers a single source for plastic cards from foil cards and holograms, to translucent and smart cards.

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World’s Foremost Bank Gets a New CEO

Cabela’s has promoted 10-year veteran Joseph Friebe as CEO of its credit card bank subsidiary, World’s Foremost Bank, effective June 1st. Friebe, 51, a 10-year Cabela’s veteran, has served as Cabela’s Vice President of Direct Marketing since July 2003. From March 1996 to July 2003, he was Cabela’s Director of Marketing. Prior to joining Cabela’s, Friebe worked for 13 years in the direct marketing business, most recently serving as a Vice President of The Sportman’s Guide. He began his career at Grant Thornton as a certified public accountant.

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Morgan to Market Cards to GADBA Members

Florida-based Morgan Beaumont has signed a MOU with the Great American Discount Buyers Association whereby Morgan Beaumont will be the exclusive provider of a debit card for inclusion in GADBA’s association membership. GADBA allows individuals, non- profit organizations, payroll groups and associations to purchase products, benefits and services at prices not normally available to the general public.

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ICICI Bank and Indiatimes Launch a VISA

India’s ICICI Bank and Indiatimes have teamed to launch a co-branded rewards credit card, according to today’s issue of CardFlash International. 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 $5.00 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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MasterCard to Target Women Debit Cardholders

MasterCard will launch a major debit card promotion next month targeting women. Over the past two years MasterCard’s gross dollar volume on its U.S. debit cards has grown by 61%, topping $50 billion in the fourth quarter. The new “MasterCard Monthly Bonus Sweepstakes” will run from April 1st through May 31st. The promotion offers MasterCard debit cardholders in the U.S. the chance to win a $1,000 monthly bonus over the course of 10 years. MasterCard debit cardholders will be automatically entered with each purchase transaction. “Tap N Go” purchases made with a “Debit MasterCard PayPass” will receive double entries and three winners will be selected in July. The promotion does not apply to PIN-based & international transactions. The sweepstakes will be supported by radio and print. According to a MasterCard survey conducted by Millward Brown, 61% of the heaviest debit users are women.

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NBK Launches a Corporate MasterCard

National Bank of Kuwait is now offering a “Corporate MasterCard.” The card offers a comprehensive expense management system that eliminates invoice by invoice payment processing. The “NBK Corporate Card” offers up to 52 days of credit period. For those employees who travel overseas on business, the “NBK Corporate Card” also offers a whole host of travel related benefits and also offer
discounts on hotel and car rental bookings all over the world and a free
travel insurance package worth KD 30 every time the card is used to book
air tickets.

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Banco Bradesco Buys AmEx Brazilian Card Operations

Banco Bradesco. has signed an agreement with American Express Company
to assume the company’s card and related
operations in Brazil. Among the documents signed were a Share Purchase
Agreement and an Independent Operator Agreement, which governs the
relationship between the two companies. The partnership comprises the
transfer to Bradesco of American Express’ Brazilian subsidiaries operating
in the credit card and related businesses and the granting to Bradesco of
the exclusive right to issue the “Centurion” line of charge and credit cards
in Brazil. Not included in the transaction are a representative office
of American Express Bank Ltd. in São Paulo, the company’s local Travelers
Cheques business and existing card licensing agreements with other banks
in Brazil, which do not include the “Centurion” line of products.

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Dresser Wayne Integrates Trintech’s OpenPay

Trintech Group has partnered with Dresser Wayne to supply the fuel retail
market to integrate Trintech’s “OpenPay” EMV and PCI security into the new
Dresser Wayne “PT 4000” EMV pay-at-pump terminal. This solution was
recently granted Visa’s PCI Certification for its encrypting PIN Pad
(EPP) technology â“ the first EPP class device to win VISA’s approval.
Trintech will also license its PayWare software to Dresser Wayne to
streamline the rollout and management of pay-at-pump systems by fuel
retailers globally. Under the partnership agreement, Dresser Wayne will
also license Trintech’s PayWare EMS software allowing fuel retailers to
remotely manage their entire pay-at-pump terminal estate from a central
location. Dresser Wayne provides self-service consoles and fuel blending
dispensers. Trintech is a provider of transaction reconciliation
and payment infrastructure solutions.

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MobileLime Raises $10 Million from VCs

Boston-based MobileLime has completed another financing round for $10 million of venture capital, led by Oak Investment Partners. MobileLime’s expansion has been highlighted by the opening of sales offices in Boston, Chicago, Seattle, Atlanta and Austin. In addition, the company recently announced plans for its next generation platform based on NFC technology, which will add unprecedented speed, convenience and interactivity to the company’s award-winning real-time marketing, cardless loyalty and mobile payment solutions.

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