ATM Rewards

Customers of Hibernia National Bank who make deposits through any of the bank’s New Orleans-area ATMs this month will have a chance to win gift cards from Blockbuster good for one free rental per week for 26 weeks. Starting Monday, and continuing for the next four weeks, Hibernia will randomly select 25 depositors and mail them the free gift cards to use at any of Blockbuster’s 22 area locations. Plus, Hibernia and Blockbuster will also give away one 52-week gift card for an entire year of free weekly rentals to one grand-prize winner. Hibernia says the number of ATM deposits per month has risen 89% since February 2001.

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Hispanic Secured Card

U.S. Bank says its secured VISA card program has been a successful part of its one-year old Hispanic market initiative. Launched in July 2001, U.S. Bank’s Hispanic initiative centers around three core objectives, which are to: increase the number of Spanish-speaking Hispanic employees in the branches and throughout the company; become more involved in Hispanic organizations locally and nationally and to develop financial products and services that meet the distinct needs of Hispanics, including bilingual financial education programs.

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Concord Books

After rumors set Concord EFS stock on a wild ride yesterday, the company announced that it has filed sworn statements of its chairman, CEO, and CFO covering Concord’s historical financial results, as recently required by the SEC. The rumors indicated that Concord was under investigation by the SEC. The company says it has not been notified of any such investigation, nor has the SEC indicated to the firm an interest in gathering information about Concord. The certifications filed Thursday attest to the information contained in Concord’s 2001 Annual Report on Form 10-K and all subsequent periodic reports filed with the SEC on Form 10-Q, most recent Form 8-K, and all definitive proxy materials relating to Concord’s 2002 annual stockholder meeting. For complete details on Concord’s 2Q/02 performance visit CardData ([www.carddata.com][1]).

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

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American Signature Home Portfolio

Dallas-based Alliance Data Systems has signed a five-year agreement with Schottenstein Stores Corporation to provide private label services for home furnishings retailer American Signature Home. Under terms of the agreement, Alliance Data will provide private label credit card services including: account acquisition and activation; receivables funding; card authorization; private label credit card issuance; statement generation; remittance processing; and customer service functions.

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E-PAY-PAD TERMINAL

Dublin-based FreeStar Technologies says it will launch its “ePayPad” card swipe terminal by September 1st. The new generation of “ePayPad” features an ISO7816-1/2/3 compatible smart card interface and supports CPU-based cards with T=0 and T=1 protocol, as well as an RS-232 or USB interface to a personal computer with a simple command structure. Unlike the former version of the “ePayPad” which was designed with a serial port PC interface that is typically not available on today’s popular laptop computers, the new ePayPad will permit universal use on all desktop and laptop computers. FreeStar Technologies also has offices in New York City and Santo Domingo, Dominican Republic.

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NPC IST/MAS

Toronto-based Oasis Technology announced that National Processing Company has selected Oasis’ IST/Merchant Accounting System product as a component in its new merchant payment processing and settlement system. IST/MAS provides merchant processors a comprehensive solution for processing merchant credit and debit card transactions. NPC is a leading provider of merchant credit card processing, supporting over 645,000 merchant locations – representing one out of every five VISA and MasterCard transactions processed in the United States. MAS provides processors the flexibility to manage an unlimited number of merchant business models with highly specific service requirements and processing fee relationships. In addition to financial processing charges for sales, authorizations and chargebacks, MAS provides the flexibility to price transactions according to non-financial services such as point-of-sale terminal rentals, as well as seasonal fees and discount rates. The flexibility of tiered transaction pricing also lets processors price transactions according to volume, and increase or decrease service charges in accordance with volume fluctuations. To facilitate revenue tracking, MAS also interfaces to general ledger systems so merchants can better track revenue and accounting processes. To provide flexible support for a wide range of payment methods, MAS supports ACH and FEDWIRE.

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SCARAB SYSTEMS

Vancouver-based iRV Inc., a/k/a Scarab Systems, and Merchant Wired Global have signed a deal for Scarab Systems to be the sole independent distributor of MWG products and services. The agreement covers credit card, automated check processing and smart cards. The MWG suite of services also feature a unique fraud control and risk management toolset. MWG is headquartered in Antigua B.W.I., with sales channels in the U.S., U.K., Canada, Australia and the Caribbean.

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