Grant Victor Companies Recognized in MWCN’s 2011 Utah 100

Mountain West Capital Network (MWCN) recognized three Grant Victor companies, eGlobal, ATMequipment.com and OptConnect, during its 17th Annual Utah 100 Awards Program Oct. 6. eGlobal and ATMequipment.com were ranked among the 100 fastest growing companies in Utah. OptConnect was recognized as one of 15 Emerging Elite Companies. Rankings are determined by the percentage of revenue increase from 2006 through 2010. The Emerging Elite are selected among companies with less than five, but more than two years of operation and show significant promise for future success.

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Discover to Present at Sandler O’Neill Conference

The executive vice president and chief financial officer of Discover, will present at the Sandler O’Neill East Coast Financial Services Conference in Aventura, Florida, on Nov. 10. Presentation slides and a link to the live audio webcast will be posted on the day of the conference to Discover’s corporate website at www.investorrelations.discoverfinancial.com.

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MobiUs Launches New M-Web App

appMobi launched its “MobiUs” mobile Web App Browser. Developed to run apps written in HTML5, “MobiUs” mobile browser powers Web apps and even websites with the exact same capabilities as native apps from the app stores. MobiUs works either as a standalone mobile browser, or it can power Web apps and websites with full native app functionality from a person’s favorite mobile browser, such as the Safari browser for iPhone. This provides mobile-optimized Web app caching for instant access to Web apps even when the device isn’t connected; its “DirectCanvas” offers supercharged game speed and performance; Web-based Push notifications for user engagement; Built-in eCommerce capability through appMobi’s 1Touch digital wallet technology; and tabbed browsing.

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Payment Alliance International a Fast 50 Company

Payment Alliance International electronic payment processing solutions and the Electronic Transactions Association’s (ETA) 2011 “ISO of the Year,” has been named a Fast 50 Company by Business First of Louisville for the third consecutive year. Fast 50 award recipients represent companies from the fastest-growing businesses in the 13-county greater Louisville area. Businesses must be independent, for profit, privately held, and have realized at least $1 million in annual revenue for each of the last three years. PAI has been recognized on the Fast 50 list in each of its three years of eligibility and was ranked 20th on this year’s esteemed list. Payment Alliance International payment processing solutions provides ATM processing and maintenance services, ATM equipment sales and support, and ATM branding programs.

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sQuid Gives Students New Smart Card

West Cheshire College is providing students an all-in-one contactless sQuid card for a cashless transaction card, an ID card, a shop and leisure discount card and a pay as you go travel card. The new sQuid card has been developed in partnership with sQuid, the eMoney payments network, along with Cheshire West and Chester and Ellesmere Port’s Development Board. Developed by Cheshire West and Chester Council, the Charisma scheme will enable students to receive discounts from businesses across West Cheshire including Chester, Northwich and Neston who have signed up to offer discounts.

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SELECTCORE BUYS INTO PAYMENT PROCESSING

SelectCore telecom and financial services provider and transaction processor for the under-banked consumer market executed a binding Letter of Intent to acquire the assets of an arms-length Canadian payment processor. The assets to be acquired will consist of all merchant contracts, all processing agreements, all hardware and software, all accounts receivables, goodwill and all other assets used in the business of the vendor (the “Assets”).

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WESTERN UNION LAUNCHES E-WALLET

Western Union is set to launch electronic wallet for clients of Western Union Business Solutions. The technology supported by hyperWALLET’s global payment platform will allow clients using Business Solutions’ Online FX platform to add and hold funds on balance for future use and enable them to make simple email payments to international recipients. The technology will help businesses create a closed loop ecosystem enabling the reliable transfer of funds between senders and receivers.

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POS & LOYALTY PROGRAMS HELP RETAIL IT SPENDING

The Retail sector is posing a great opportunity for IT marketers at its transition stage from unorganized to organized format. India spends maximum on business specific application followed by front end customer interaction and back end support function. There has been a rapid expansion of organized retail formats and the concept of shopping is moving in and around hypermarkets, supermarkets, and specialty stores. India is witnessing a changing lifestyle, increased incomes, the demographic variability and vibrant democracy which have helped retail sector to grow and to take the shape of modern retail. The modern retail market is estimated $200 billion in the year 2014-15 which is over 30% of total retail.

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GlobalCollect Appoints Senior Credit and Risk Officer

Stephen M. Buechner has been appointed Senior Credit and Risk Officer with GlobalCollect. As a member of GlobalCollect’s Executive Council, Buechner oversees GlobalCollect’s overall risk and credit governance and manages global compliance schemes such as PCI DSS. Prior to this, he served as the Head of Risk for Global Payments at Barclays PLC, where he was responsible for defining and implementing the risk management framework for Barclays Spain, Italy, Portugal, Germany, and France. He also held broad leadership positions within Barclays overseeing implementing payment risk strategies at Barclays’ Global Payment Operations Processing, and managing the payments principal risk remit across the Global Retail Bank.

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First Data Implements VeriFone POS

VeriFone Systems has been selected by First Data Corporation as the exclusive provider of Class A Point-of-Sale (POS) payment acceptance systems in the Caribbean region. First Data is partnering with VeriFone to develop applications for VeriFone’s “Vx Solutions” and “VX Evolution” countertop, wireless and PIN entry systems. First Data intends to expand its product offering to include the most advanced payment system hardware and software technology throughout the region with a strong focus on security and authentication for Caribbean businesses.

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