BPH PBK ATMS

Bank Przemyslowo-Handlowy PBK has signed an ATM network
participation agreement with Hungary-based Euronet Worldwide. Starting
December 20th, BPH PBK’s 2.6 million customers will be able to use any of
Euronet’s 430 ATMs throughout Poland without being charged additional fees.
This agreement increases the bank’s ATM network from 720 ATMs owned by BPH
PBK to a total of 1,150 ATMs. Under terms of the deal,
transactions by BPH PBK customers on Euronet ATMs will be switched directly
to the bank for authorization and settlement. The bank has agreed to
monthly transaction minimums and will pay a fixed fee per transaction to
Euronet. Bank Przemyslowo-Handlowy PBK is the third largest bank in Poland,
which is owned by the second largest bank in Germany, HypoVereinsbank AG.

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BIOMETRIC SALES

Bioscrypt EMEA says biometric sales have been increasing
significantly. The company has made installations for the Government of
Saudi Arabia, where 152 “V-Stations” are being deployed for government
buildings; Mauritius where 72 “V-Stations” are employed to secure the
Mauritius Commercial Bank and, in London, at the London City Airport, where
over 30 “V-Prox” readers will be deployed throughout the airport to enhance
security.
Additionally, countries such as Lebanon, Croatia and India have ramped up
the purchase of Bioscrypt readers, a first for these emerging countries, to
secure government and commercial buildings from unwanted access .Bioscrypt
ofers the largest number of reader offerings in the biometric industry,
including the “V-Smart,” “V-Flex,” “V-Pass,” “V-Prox,” and “V-Station”
readers.

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PAYSTAR SWITCH

Tokyo’s Cable & Wireless IDC has purchased an additional switch from
PayStar Corporation to expand its existing prepaid calling card platform.
The new switch, which will be located in Ariake, Japan, extends the
maintenance and support agreement which is currently in place with PayStar.
The company is comprised of three fully integrated divisions: PayStar
GLOBALCash, supplying prepaid ATM and MasterCard products and services,
PayStar InfoStations, providing Internet enabled kiosks, and PayStar SHS,
providing commercial telephony switch services.

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NEXTWAVE CARD

Vancouver-based DataWave Systems has entered into an agreement with
National Money Mart Company in Victoria to develop and distribute prepaid
stored value cards. Under the agreement, DataWave and Money Mart have
established a joint venture called NextWave Card Corporation. The new
entity will offer prepaid and stored valued cards to Money Mart’s 287
corporately owned, franchise and agent locations. Money Mart is the largest
convenience-based retail financial services company in Canada.

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Card Perks

MI-based First Resource Federal Credit Union and GA-based Enhancement Services Corporation launched the “Card Perks” reward program this week. “Card Perks” is one of the first programs in the country that pools points from both credit and check cards into one cardholder points total. Under the program, FRFCU cardholders will earn one point for every dollar spent on their credit card and one point for every two dollars spent on their check card (non-PIN transactions). There are a variety of reward options including round-trip airline tickets, cruises, hotel packages, and gift certificates, starting as low as 1,500 points. All FRFCU credit and check card cardholders are automatically enrolled in the program when they begin using their card. There is no annual fee. ESC now serves more than 40 financial institutions with credit and debit card reward programs.

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Debit Card Support

U.S. Bank’s Elan Financial Services division has introduced a check card marketing program to help financial institutions encourage cardholders to increase usage of their check cards, as well as acquire new cardholders and that also includes a portfolio analysis tool that estimates the profitability of a check card program by calculating the current penetration, activation and usage in order to develop future strategic marketing plans. The Elan check card marketing program is targeted to financial institutions that may not have a fully staffed marketing department or extensive marketing budget yet need access to reliable, professional marketing tools.

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PayPass

MasterCard has launched a new card product that enables consumers to simply tap or wave their payment card on a specially equipped merchant terminal that then transmits payment details wirelessly, eliminating the need to swipe the card through a reader. The new contactless “MasterCard PayPass” card is targeted for use at quick serve restaurants, casual restaurants, gas stations and movie theaters. MasterCard says it is currently working with Chase, Citibank and MBNA to pilot the “PayPass” card with several merchants in the Orlando area. Participating merchants in the Orlando trial include Boaters’ World, Chevron, City of Orlando Parking, Friendly’s, Loews Universal Cineplex, Ritz Camera and Wolf Camera. Manufacturing companies supporting “PayPass” include Infineon/SC2, OTI/Samsung, Philips Semiconductor/Oberthur. Card manufacturing supporters include CPI Card Group and Oberthur USA. Card personalization providers include First Data and MBNA. POS providers include C-SAM, OTI, Panasonic, Stella, VeriFone, ViVOtech, and 3 Form Design. Testing and compliance supporters include Cadimes, Caradas, and Consult Hyperion. Merchant installations are by Edgar Dunn and OTI. The “MasterCard PayPass” product is built around globally interoperable standards and relies on the ISO Telecommunications Standard #14443 to transmit Track 2 data via radio frequency.

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NextWave Card

Vancouver-based DataWave Systems has entered into an agreement with National Money Mart Company in Victoria to develop and distribute prepaid stored value cards. Under the agreement, DataWave and Money Mart have established a joint venture called NextWave Card Corporation, according to The RAM Report ([www.ramreport.com][1]). The new entity will offer prepaid and stored valued cards to Money Mart’s 287 corporately owned, franchise and agent locations. Money Mart is the largest convenience-based retail financial services company in Canada.

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

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EBPP Data

Consumer EBPP providers or CSPs processed more than 400 million Internet-initiated consumer bill payments in 2001 representing $120.9 billion. The study by NACHA’s Council for Electronic Billing and Payment and TowerGroup found that consumer bill payments on the Internet has increased by 35% annually for two consecutive years. In 1996 the estimated electronic bill payment volume was 113 million items, worth $26.9 billion. The study also found the average bill payment size in 2001 was $300, up from an average of $231 in 1996. Also, the top five bill payment service providers processed 92% of the bill payments in 2001, compared with 76% in 1996.

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SchlumbergerSema Realignment

Schlumberger Limited said yesterday it will realign its SchlumbergerSema information technology unit to focus on the global energy market. The smart card and terminal unit of SchlumbergerSema will be managed separately and will not be affected by the actions, according to The RAM Report ([www.ramreport.com][1]). There was speculation yesterday that SchlumbergerSema may put its smart card and terminal unit on the block. The company says it will reduce its SchlumbergerSema unit workforce in Continental Europe and the USA by 1,600 employees at a cost of US$77 million. SchlumbergerSema will also recognize charges of US$2.9 billion after-tax in its fiscal fourth quarter. These charges include US$2.6 billion, related to impairment of goodwill and a further $267 million impairment associated with intangibles and other costs, including a provision against a deferred tax asset in Europe. Yesterday’s announcement forced the company’s stock down and resulted in several downgrades. For Schlumberger’s latest performance information visit CardData ([www.carddata.com][2]).

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

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