Fair Isaac Profits Rise 27% in Q2

Fair Isaac posted second calendar revenues of $203.8 million, a 17.7% gain over 2Q/04. Net income for the quarter was $36.6 million, a 27% gain over one-year ago. Strategy Machine Solutions revenues increased to $115.1 million up 9%, primarily due to revenues generated by collections and recovery solutions, and mortgage banking solutions associated with the acquisition of London Bridge; as well as increased revenues from both the fraud solutions and consumer scoring products. Scoring Solutions revenues increased to $40.7 million or 12% primarily due to an increase in revenues derived from the “PreScore Service” and from risk scoring services at the credit reporting agencies. Professional Services revenues increased to $33.2 million or 43% primarily due to the acquisitions of London Bridge and Braun Consulting. Analytic Software Tools revenues increased to $14.8 million or 85% in the quarter. The Company expects revenue for the third calendar quarter to be approximately $207.0 million. For complete details on Fair Isaac’s latest performance, visit CardData ([www.carddata.com][1]).

[1]: http://www.carddata.com

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Asset Acceptance Net Income Up 41% in Q2

MI-based charge-off purchaser Asset Acceptance Capital posted a 33.6% year-on-year increase in total revenues and a 25.6% year-on- year increase in cash collections. Net income for the quarter was a record $16.3 million, compared with net income of $11.6 million for the second quarter of 2004. During the second quarter, Asset Acceptance invested $16.4 million to purchase consumer debt portfolios with a face value of $1.1 billion, representing a blended rate of 1.51% of face value. This compares to the prior year second quarter when the Company invested $32.7 million to purchase consumer debt portfolios with a face value of $2.0 billion, representing a blended rate of 1.64% of face value. For complete details on AACC’s second quarter performance, visit CardData ([www.carddata.com][1]).

[1]: http://www.carddata.com

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Bangkok Bank Purchases Opteva ATMs

Bangkok Bank has purchased 650 “Opteva” ATMs running “Agilis”
software from Diebold. The terminals will be deployed throughout
600 branches. BBL operates a network of some 1,700 ATMs. The “Opteva” line features advanced security and fraud prevention mechanisms
exclusive to Diebold. “Agilis” is capable of interfacing with a variety of multiple-vendor products, reducing the need for back-end support.
Bangkok Bank is the largest commercial bank in Thailand.

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Paymentech Provides Phoenix Utility Card Options

Salt River Project Agricultural Improvement and Power District in Phoenix has selected Paymentech to provide payment processing via credit cards for 780,000 residential Phoenix-area customers. SRP customers can initiate recurring credit card payments. Salt River Project will also use Paymentech’s advanced merchant account setup, funding options and reporting tools through Paymentech Online. The Salt River Project provides electricity to more than 860,000 retail customers in the Phoenix area. Paymentech, L.P. is one of the largest payment processors for businesses accepting payments via traditional point of sale, Internet, catalog and recurring billing.

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Gemplus Smart Payment Card Shipments Up 30% in Q2

Smart card specialist Gemplus reported that second quarter net sales were up 12% to $285.8 million and that gross profits rose nearly 18% to $96.8 million. The Company said it achieved its highest gross margin in four years and its ninth consecutive quarter of continuous strong progress during the quarter. In the financial services sector, Gemplus posted a 12% gain in sales to $60.8 million. In total, Gemplus shipped 16.8 million smart payment cards, up 30% year-on-year. Payment microprocessor card revenue rose 31% year-on-year. Bank cards continued to grow very strongly, driven by broad activity in EMV deployment across all regions, particularly in the UK and Turkey. The second quarter saw the first EMV shipments by Gemplus to the Netherlands, Italy and Japan. For complete details on Gemplus’ second quarter performance as well as prior quarters, visit CardData ([www.carddata.com][1]).

Gemplus Gross Sales Track Record
2Q/04: $254.7 million
3Q/04: $259.7 million
4Q/04: $293.4 million
1Q/05: $238.7 million
2Q/05: $285.8 million
Source: CardData (www.carddata.com)

[1]: http://www.carddata.com

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BBA Reports Card Lending Hits GBP 7.5 Billion

The British Bankers’ Association reports that new borrowing on credit
cards totaled GBP 7.468 million in June. This was very similar to the
previous month as were repayments, but the seasonally adjusted rise in
net lending of GBP 295 million was for the first time since
January above the recent average. The BBA says if June’s higher credit
card lending was a reflection of consumer spending, then it was offset by
very low demand for loans and overdrafts. Consumers ability to switch
easily between credit options means that components fluctuate, as in
June, but the overall picture is one of subdued unsecured lending.

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Trintech Releases Next-Gen Reconciliation Software

Trintech Group has released the latest version of its flagship
reconciliation and account balancing application. “ReconNET ES”
incorporates major advances in technology that are designed to benefit
large multi-national enterprises, including high-volume processing power,
significantly strengthened security controls and support for multiple
languages through internationalization. “ReconNET ES” also includes
transaction archival capabilities and improved reporting
functionalities, which further reinforce its regulatory compliance
capabilities. Some of the new features include high volume processing
power for advanced exception management and resolution; multiple
language support through internationalization; improved and
multi-lingual, multi-country reporting through “Crystal Reports XI”; and
transaction archival, which enables the movement of data from the
production system into an archive system with a comprehensive audit trail.

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AXALTO 2Q/05

Axalto posted a 15% gain in second quarter revenue, to $260.9 million.
The Cards segment revenue amounted to $243.1 million, a 16% increase
over 2Q/04. During the period, Axalto delivered more than 110 million
microprocessor cards, an increase of 36%, compared to 2Q/04. In
financial cards, Axalto’s revenue rose 14% year-over-year to $54.6
million, following a 10% decline in the prior quarter. Axalto says the
volumes of microprocessor cards delivered in 2Q/05 posted a steep rise
of 17%, with over 20 million cards sold, while the average selling price
of microprocessor cards for banking was essentially stable, up 2%.
Revenue in the point-of-sale terminals segment advanced by 6%, to $17.7
million. For complete details on Axalto’s second quarter performance,
visit CardData (www.carddata.com).

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Transaction Systems Architects Up 8% in Q2

Transaction Systems Architects reported that second calendar quarter revenue increased 8% to $78 million but net income declined from $18.7 million for 2Q/04 to less than $10 million for 2Q/05. During the quarter, the Company signed ten new customers including six for ACI Worldwide. The Americas’ revenues for 2Q/05 were $42.5 million, as compared to $40.2 million for the year-ago quarter. The Americas’ revenues consisted of U.S. revenues of $31.6 million, as compared to $30.1 million for the same period last year. The Company is currently in the process of acquiring S2 Systems. TSAI raised its revenue estimate for fiscal 2005 from a range of $296 million to $312 million to a range of $306 million to $314 million. The Company’s payment solutions are used in more than 1,755 product systems in 79 countries on six continents. For complete details on TSAI’s latest performance, visit CardData ([www.carddata.com][1]). (CF Library 6/30/05)

[1]: http://www.carddata.com

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TNS Q2 Revenues Up 7% but POS Sales Decline 22%

VA-based TNS posted record revenue for the second quarter of $65.4 million, a 7.2% increase from second quarter 2004. Revenue from the Financial Services Division increased 25.5% to $7.7 million. However, revenue from the POS Division decreased 22.6% to $22.1 million on 1.48 billion transactions due to lower transaction volumes and to a lesser extent, anticipated declines in revenues as a result of negotiated price reductions relating to the renewal of certain contracts. During the quarter, TNS signed a three-year contract with First Data Iberica, First Data’s subsidiary for Spain and Portugal, to act as sole provider of dial-up connectivity in Spain and also with Town and Country Food Stores and Royal Farms to provide data communications to more than 250 of their convenience stores through FusionPoint by TNS. The Company projects total third quarter revenue of $68.5 to $69.5 million. For complete details on TNS’ second quarter performance, visit CardData ([www.carddata.com][1]).

[1]: http://www.carddata.com

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Bank One (Chase) Deploys ATMs in AZ Walgreens

Bank One Arizona has deployed 220 ATMs in every available Walgreens drug store in the state to bring total ATMs in Arizona to 607. Currently Bank One has 387 ATMs, including 86 in high-traffic areas like Bank One Ballpark, Phoenix Sky Harbor Airport and QuikTrip convenience stores. Late this year, Bank One branches and ATMs will be renamed Chase, the result of a 2004 merger with JPMorgan Chase & Co. a global financial services firm with assets of $1.2 trillion and operations in more than 50 countries. Walgreen Co. is the nation’s largest drugstore chain with fiscal 2004 sales of $37.5 billion, operating 4,834 stores in 45 states and Puerto Rico.

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