MasterCard Launches Android ATM Locator

MasterCard announced the availability of the MasterCard “ATM Hunter” application for Android Smart Phones to let users find the nearest ATM anywhere in the world. The MasterCard “ATM Hunter” leverages the location-based technologies of the Android platform to search for the nearest ATM and can search for specific accommodations. These include wheelchair accessible ATMs, drive-thru or 24-hour access ATMs. With the “ATM Hunter” application for Android, users can also “report a problem” for an ATM location, featuring real-time communication back to MasterCard.

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Banco Davivienda Implements Diebold ATM Services

Banco Davivienda has adopted a seven-year ATM outsourcing agreement with Diebold Integrated Services to improve the productivity of its network and offer advanced technology and innovation. With this, 1,260 Diebold “Opteva” ATMs will be installed using “Agilis” software. Diebold Integrated Services has been recognized by the International Association of Outsourcing Professionals® (IAOP) for four consecutive years, achieving placement on the organization’s Global Outsourcing 100.

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Acculynk Launching PaySecure Mobile App

With its “PaySecure” Internet-based PIN debit payment service, Acculynk is making available its mobile smartphone application by the end of the first quarter. With this, “PaySecure Mobile” will allow the exploding number of smartphone users to authenticate their transactions by entering their bank-issued PIN on Acculynk’s graphical, scrambling PIN-pad, which has been specially designed for mobile smartphone platforms. Its built on Acculynk’s patented encryption and authentication platform, which is also the backbone of Acculynk’s PaySecure Internet PIN debit product. Available on the iPhone, Android, Blackberry and Windows-7 platforms, “PaySecure Mobile” also will facilitate money transfer, Peer to Peer (P2P) authentication, online banking authentication, and PIN debit entry on a kiosk.

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GE Capital Acquires TJX Card Program

Acquiring the existing card program assets from JP Morgan Chase for undisclosed financial terms, GE Capital Retail Consumer Finance has forged definitive multi-year agreements to provide the TJX Companies consumer credit card programs in the United States. TJX operates over 2,000 T.J. Maxx, Marshalls and HomeGoods stores in the U.S. and its “TJX Rewards” credit card program will include the private label credit card and the co-branded MasterCard program. This designed to provide cardholders benefits and convenience, as well as the opportunity to earn special rewards.

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M-Dot Digital Coupon Available on Retalix

M-Dot Network’s patented digital coupon technology is now available on Retalix’s “StoreLine,” in addition to integrations with “StoreNext ISS45 Version 8” and “IBM ACE POS” applications. The “IBM ACE POS” application is part of the IBM base library while “Retalix ISS45 Version 7” and “ScanMaster 2” have also been developed and made available to grocers and retailers making M-Dot Network the leader in POS embedded technology for digital coupons. The M-Dot integration provides immediate access to digital coupon capabilities as well as content right at the POS.

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Deutsche Bank Appointed Nordea Depositary Bank

Deutsche Bank has been appointed the depositary bank for the sponsored Level I American Depositary Receipt (ADR) program of Nordea Bank.Serving approximately 10 million customers through its 1,400 branch offices Nordea chose Deutsche to ensure that their ADR investors receive the highest level of service. Deutsche Bank has more than 80,000 employees in 73 countries.

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AmEx Consolidates, 4Q/10 Earnings Up 47%

American Express will experience restructuring and other reengineering charges of $113 million with Company-wide consolidation by the end of 2011. With this, its facility in Greensboro, North Carolina, will be closed while work will be transferred to other locations in the U.S. Subject to local consultations or feasibility studies; Madrid, Spain service operations will be moved to Brighton, U.K. and the Buenos Aires, Argentina location while service for Japanese customers will move from Sydney, Australia to Japan. This restructuring is anticipated to deliver annualized savings of approximately $70 million, starting in 2012. Also later this month American Express is anticipating a fourth quarter net income of $1.1 billion for an increase of 48% from $716 million in 4Q/09.

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REWE Supermarkets Deploy 30,000 Hypercom Pads

REWE Supermarkets will deploy 30,000 Hypercom ” Artema” Hybrid PIN Pad payment systems within the next 30 months, initially with 10,000 systems. The “Artema” Hybrid PIN Pad will work in tandem with POS Partner GmbH’s POSCardZVT POS terminal software. The PIN pad focuses on providing fast and reliable card payments using a single slot “hybrid” card reader and secure integrated PIN Pad for magnetic stripe and chip card transactions. It was the first terminal to be certified according to the TA 7.0 chip-card specifications, recently introduced by the Zentraler Kreditausschuss (ZKA) German banking association.

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Citigroup Appoints News President & COO

Citigroup is changing its management structure, appointing John Havens President and Chief Operating Officer and will oversee Francesco Vanni d’Archirafi, CEO of Global Transaction Services. Most recently CEO of Citi’s Institutional Clients Group, Havens will be responsible for Citi’s day-to-day operations. He will also oversee James A. Forese, currently the Co-Head of Global Markets, who will become the CEO of Securities and Banking, while Ned Kelly, currently a Citi Vice Chairman, will assume a new role as Chairman of the Institutional Clients Group.

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Allpoint Network Expands South of the Border

Allpoint Network surcharge-free ATM network has added more than 2,500 Cardtronics Mexico ATMs, placing it in the top ten largest ATM operators in Mexico. The ATMs offer both Spanish and English language options and will carry the Allpoint logo. Serving the more than 4 million U.S. tourists whom travel to Mexico annually, the expansion is focused on providing convenient, surcharge-free ATM access.

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AmEx Canada Recognized for Service

The International Council of Customer Service Organizations (CSIA) named American Express Canada winner of the 2010 ‘International Service Excellence Award’ in the Division of a Large Business. This award follows a year of new investments and initiatives dedicated to reinventing customer service at American Express Canada. At the forefront of these investments was a new approach to service entitled ‘Relationship Care.’ This new service mindset focuses on deepening customer relationships and creating emotional connections, rather than just transacting. The International Service Excellence Awards are a top customer service award that nominates leading customer service organizations.

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