Contactless Payment Council is Created

The Mobile Payment Promotion Council has been established with a mission of
promoting standardized mobile contactless payment systems and to promote JCB’s
“QUICPay.” The executive board of the council is composed of representatives
from Aeon Credit Service, Central Finance, Credit Saison, DC Card, JCB, JTB,
KDDI, OMC Card, Orient Corporation, Toyota Finance Corporation, UC Card, UFJ
Nicos, and Vodafone. The Mobile Payment Promotion Council believes that a
standardized payment infrastructure foundation for efficient payment system
operations and that an integrated environment is the key to providing the most
convenience to consumers and merchants. The Council has 39 members at present,
with 10 other corporations currently considering participation.

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Chicago’s MB Financial Adds STARsf Access

Chicago-based MB Financial Bank has joined First Data’s “STARsf Surcharge-Free Access” program increasing the number of no convenience-fee ATMs available to MB Financial customers five-fold. MB Financial’s own ATMs have always been free to its own cardholders. The additional 550 locations will provide enhanced access to banking services. MB Financial Bank cardholders will enjoy surcharge-free ATM access at any financial institution ATM with a STAR/sf /logo coast-to-coast.

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BioPay Enters Indiana via Liquor Stores

Virginia-based BioPay has introduced its biometric payments technology to Indiana as Indianapolis-based United Package Liquors deploys the option in two of its 17 stores. The service is the first of its kind in any retail store in Indiana. The BioPay system uses a person’s unique finger image and their chosen BioPay number (usually a phone number) to authorize a secured debit direct from their checking account. The one-time enrollment can be completed at any merchant that offers the biometric payment service and the entire process takes less than two minutes. Once enrolled, the customer can purchase in seconds with their finger at any BioPay payment location across the United States. The BioPay service is free to the consumer. BioPay provides biometric payment systems to two million enrolled customers and processes transactions in excess of $7 billion.

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VISA Projects a Moderate to Strong Holiday

VISA projects that this year’s holiday shopping season will be “moderate” to “strong” dependent on fuel and oil prices. VISA says its “SpendTrak” report shows this year more travelers are purchasing their holiday transportation needs early, particularly in the airline and travel package industries. VISA expects this holiday season for consumption to shift away from personal entertainment devices to the purchase of personal multi-media entertainment and services. VISA also expects that consumers will continue to use the Internet to find good deals. Additionally, VISA notes that the economy is experiencing solid wage and salary growth of five to six percent, which indicates a probable rebound in consumer confidence and ability to spend.

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Setefi Selects ACI Software to Combat Card Fraud

Setefi has licensed ACI’s Worldwide’s “Proactive Risk Manager” software to
combat debit and credit card fraud and detect merchant fraud. Setefi is a major
Italian acquirer with 140,000 point of sale terminals and a major payment
service providers with more than four million cards on its books. “Proactive
Risk Manager” will enable Setefi to immediately recognize fraudulent behavior.
The system enables earlier detection of attempted fraud by sending alerts in
near-real time. Over the past 24 months, SSB, First Data Italia and Seceti have
adopted “Proactive Risk Manager” for their card fraud prevention and detection
efforts.

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AmEx Doing a Delta Double in Nov/Dec

American Express is launching a nationwide promotion that will give “Delta SkyMiles” and “SkyPoints” credit cardholders double miles or double points respectively, on purchases made on their card from November 1st through December 31st. To take advantage of the special double miles or double points promotion, cardmembers must enroll their Delta SkyMiles Credit Card with American Express online or by calling toll free. Year round, Delta SkyMiles Credit Cardmembers earn two miles and SkyPoints Credit Cardmembers earn two points for every eligible dollar charged to the card for purchases.

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TSYS Opens Office in Shanghai

TSYS has established its first offices in the People’s Republic of China to
focus on business development and emerging growth opportunities in China and
the broader Asia-Pacific region. Jonathan Wheeler will be head of business
development for TSYS in China. Wheeler worked more than five years for global
services at Vital Processing Services and has served as a lead director in
global services for TSYS based in Tokyo. China has more than 875 million debit
and credit cards in circulation.

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Consumers Embrace Cards for Recurring Bills

A new study has made the surprising discovery that 38% of U.S. households link payments automatically to a credit card and that 31% charge them automatically to a debit card. More than two thirds of U.S. households now pay some recurring bills automatically which means that automatic payments have for the first time surpassed check writing as the dominant method for paying recurring bills. The “2005 MasterCard Recurring Payments Awareness, Behavior & Attitude” study also found that the number of bills paid automatically rose in the last five years, from an average of 3.1 bills per household in 2000 to 4.4 bills today. During the same period, the number of checks written declined by nearly 50 percent, from 4.4 to 2.4 among these households. Additionally, 47% of the credit cardholders and 53% of debit cardholders say they would consider adopting or adding additional recurring payments.

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United & Chase Roll-Out a New Biz Card

United Airlines and Chase have introduced a new business card loaded with rewards and perks. The new “United Mileage Plus Business Awards VISA” is offering 20,000 “Mileage Plus” bonus miles and 10,000 “Perks Plus” points after the first purchase. At the current retail rate for purchasing miles, this represents about a $600 value for new cardholders. The new card also awards two miles for every dollar spent on United purchases and one mile for every dollar spent on all other card purchases. Anniversary bonuses are awarded each year including 5,000 bonus miles and two “Red Carpet Club” day passes. Businesses with five employees or more accrue “Perks Plus” points for every dollar spent on United travel. “Perks Plus” points are redeemable for travel certificates on United, United upgrades and other exclusive small business benefits. United Mileage Plus has more than 45 million enrolled members.

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Advanced Hospitality Joins OneLynk

Atlanta-based RBS Lynk has signed Advanced Hospitality Systems as the newest member of the “OneLynk Alliance”. AHS provides profit building solutions to numerous restaurants and clubs and is a leading provider of Radiant Systems’ Aloha restaurant POS solutions. RBS Lynk’s electronic payment processing integrates with Aloha software to provide transaction processing, while eliminating the expense of separate restaurant management equipment and payment terminals. RBS Lynk is a single-source provider of electronic payment processing services.

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HSBC Implements Fair Isaac Fraud Protector

HSBC Holdings has implemented Fair Isaac’s “Fraud Predictor with Merchant
Profiles.” The fraud detection solution will provide HSBC with advanced
capabilities for cutting fraud losses and protecting credit and debit
cardholders from fraudulent transactions. When an authorization request is
received, the “Fraud Predictor” model calculates a fraud score based on the
transaction data at the cardholder level as well as the transaction and fraud
history at the merchant level. HSBC Holdings has assets of US$1,467 billion at
30 June 2005. Fair Isaac Corporation provides predictive modeling, decision
analysis, intelligence management, decision management systems and consulting
services. The HSBC Group serves over 110 million customers in 77 countries.

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PayPass Enters a Vending Partnership

MasterCard and PA-based USA Technologies have teamed to bring “PayPass” contactless payment technology to vending machines. USTT offers the patented “e-Port” payment terminal which enables existing cash-only vending machines to accept payment cards as well as contactless cards and fobs. Following successful trials conducted at MasterCard’s corporate facilities, more than 500 vending machines throughout New York City and Atlanta will now be equipped to accept “MasterCard PayPass.” The global vending industry produces an estimated $40 billion in annual revenues.

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