MBA & Solveras Team With Motorcycle Dealers

MBA Holdings and Solveras Payment Systems announced a new partnership to provide the National Motorcycle Dealers Association with group discounts on MasterCard and VISA processing. NMDA members will be able to utilize Solveras’ experience and superior service and enjoy competitive rates negotiated exclusively for the association. Net savings to motorcycle dealerships are expected to be as much as 0.25% or more per retail transaction which will immediately increase dealer bottom lines. Solveras Payment Systems provides complete electronic payment services to small and medium-sized businesses and trade and professional associations.

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Global Cash Access Hits 960 Clients

Global Cash Access has recently signed or renewed contracts with 20 gaming properties to bring its total client base to 960. GCA’s core credit and debit cash advance products, including QuikCash Cash Advance, Casino Cash Plus 3-in-1 ATM and TeleCheck Check Guarantee are among the products and services that properties will be using. Global Cash Access (GCA), is the global leader in providing cash access and related marketing services to approximately 960 gaming properties and other clients in the United States, Canada, Caribbean and Europe.

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Jack Henry Acquires Two Firms

Jack Henry & Associates has purchased FL-based TWS Systems. The firm is a provider of image-based item processing solutions for credit unions, and a top provider of ATM deposit processing solutions for banks and credit unions. Jack Henry also announced its purchase of the SERsynergy division of VA-based SER Solutions, Inc. SERsynergy, the division’s flagship product, is an intelligent document management solution for financial institutions of all sizes. SERsynergy is enabling more than 1,600 domestic and international financial institutions to further automate their processes by capturing, archiving, and immediately retrieving images of all forms of paper-based and electronic documents.

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Associated Bank Flips to MasterCard Debit

WI-based Associated Bank has inked an agreement with MasterCard International to convert its “VISA Check Card” program to the “Debit MasterCard Card.” Associated will also participate in the Maestro and Cirrus online debit programs. Associated operates approximately 300 branches and more than 340 ATM locations, serving over 400,000 debit cardholders in Wisconsin, Illinois and Minnesota. Associated’s cardholders will receive the “Associated Platinum MasterCard Debit Card” or the “Associated Green Bay Packers MasterCard Debit Card.”

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Diebold’s Opteva ATM Lands a French Deployment

Carrefour Group, the largest retailer in Europe, has ordered Diebold’s “Opteva” ATMs for placement in its Champion supermarkets. About 70 supermarkets will add “Opteva” lobby cash dispensers to their in-store ATM fleet. Champion plans to replace older ATMs with the new Diebold “Optevas.” The “Opteva” family of ATMs, which now includes seven units, was launched in Europe in 2003 in Paris. To date, more than 20,000 “Opteva” ATMs have been purchased. Carrefour Group has more than 1,000 Champion supermarkets in worldwide.

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Average Late Fees Inch Up by 3.3% in 2004

The increase in late payment fees slowed this year to its lowest level in more than a decade. During 2004, the average late payment fee of $32.49 was up 3.3% over 2003. Over the past five years, late payment fees have risen 23%, compared to a 104% increase between 1994 and 1999. The largest single year gain in late fees occurred during 1997, when average fees rose from $14.21 to $19.24, a 35.4% increase, according to CardData ([www.carddata.com][1]). During 2004, the most common late fee among major issuers was $35. Some issuers have pushed the fee to $39, with some experimentation at the $49 level, according to CardWatch ([www.cardwatch.com][2]).

LATE FEE HISTORICAL
Year Average Y/Y CNHG
1994: $12.55 + 4.8%
1995: $13.25 + 5.6%
1996: $14.21 + 7.2%
1997: $19.24 +35.4%
1998: $22.10 +14.9%
1999: $25.61 +15.9%
2000: $27.10 + 5.8%
2001: $28.29 + 8.1%
2002: $30.04 + 6.2%
2003: $31.44 + 4.6%
2004: $32.49 + 3.3%
Source: CardData (www.carddata.com)

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

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JCPenney Deploys NCR RealPOS System

JCPenney is installing NCR POS systems, including the “RealPOS 80” terminals and “RealPOS 7167” thermal receipt printers, in all of its 1,000-plus department stores throughout the USA. In addition, NCR’s advanced POS systems are among the industry’s first to be built around an industry design specification known as EmbeddedATX. JCPenney is one of America’s largest department store, catalog and e-commerce retailers, employing approximately 150,000 associates. CR Corporation is a leading global technology company helping businesses build stronger relationships with their customers.

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Taco Bell Accepts Payment Cards Nationwide

Taco Bell will now accept credit and debit cards in all of its 1,300 company-owned restaurants and in many of its 4,000 franchise locations nationwide. Taco Bell has installed VeriFone Omni 3750 payment terminals in all company-owned restaurants. Taco Bell Corp., based in Irvine, California, is a subsidiary of Yum! Brands, Inc. and the nation’s leading Mexican-style quick service restaurant chain serving tacos, burritos, signature Quesadillas, Border Bowls(R), nachos and other specialty items.

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NCR’s Personas ATM Enters Peru and Bolivia

Banco de Credito del Peru has signed a $7.5 million deal with NCR to install “Personas” ATMs, and upgrades for the bank’s existing installed base of ATMs. The deployment will cover ATMs nationwide in Peru as well as in Bolivia. Banco del Credito Peru currently has more than 550 ATMs in Peru. The bank will create and manage marketing and advertising campaigns across its ATM network using NCR’s “APTRA Promote” software. Banco de Credito del Peru will also use self-service management software from NCR’s Gasper.

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