AmEx Launches New Platinum Card Travel Benefits

American Express Platinum Card members now have access to a new suite of benefits worth hundreds of dollars for an Airline Fee Credit of up to $200, a 20% Travel Bonus and a Travel App. Focal on giving travelers more value for their money and time, benefits allow card members to check a bag or enjoy an in-flight meal on American Express for a combined overall value of up to $200 per year. the fee credit may also apply to flight change fees and airport lounge day passes. Also, card members now have access to a new complimentary mobile app, valued at $49/year, which provides trip management on a suite of mobile travel tools available in “TripIt Pro” while Platinum Card members can now redeem points and earn 20% of those points back every time.

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GLACIER

Glacier Credit Card Trust has completed its asset-backed offerings of $250,000,000 of Series 2010-1 Senior Notes and $14,551,000 of Series 2010-1 Subordinated Notes. The Series 2010-1 Senior Notes were offered at par with a coupon rate of 3.158 percent. The Series 2010-1 Subordinated Notes were offered at par with a coupon rate of 4.128 percent. Both Series 2010-1 Notes have an expected repayment date of November 20, 2015. The Senior Notes were rated ‘AAA (sf)’ and the Subordinated Notes were rated ‘A (sf)’ by Standard & Poor’s Ratings Services and DBRS Limited. Glacier Credit Card Trust was established to purchase undivided co-ownership interests in a revolving pool of credit card receivables of Canadian Tire Bank.

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Fiserv 4th Top Global Risk Provider

Fiserv financial services technology is once again ranked first in North America and fourth overall in Chartis Research’s “RiskTech100 2010” comprehensive annual study of top global technology firms in risk management. From fifth in 2009, Fiserv addresses market risk, credit risk, operational risk, asset/liability management, interest-rate risk, liquidity risk, financial crime risk, financial control and compliance. It was ranked based on functionality, core technology, organizational strength, customer satisfaction, market presence and innovation. Fiserv was the category winner for organizational strength thanks to its leadership, history and business focus.

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AT90SC

INSIDE Contactless semiconductor solutions for secure transactions and digital identity has started sampling new versions of its “AT90SC” secure EMV smart card microcontrollers, based on 0.13-micron process technology. This gives smart card manufacturers a higher level of security required to achieve certification while maintaining full software compatibility for firmware re-use, and delivers cost improvements to enable more competitive secure products. Security features include dedicated hardware for protection against SPA/DPA/SEMA/DEMA attacks; advanced protection against physical attack, including active shield; environmental protection systems; voltage, frequency and temperature monitors; light protection and secure memory management/access protection.

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Travelex Offers Prepaid Debit Card

Travelex non-bank foreign exchange currency provider has introduced its prepaid foreign currency “Cash Passport” MasterCard. Available in Euros and British Pounds that utilize chip & PIN technology, the chip & PIN “Cash Passport” MasterCard lets Americans carry foreign currency abroad, requiring a PIN to complete chip-based transactions, offering a safe and convenient alternative to cash, ATM or credit cards. Also, it is not connected to the cardholders’ bank account, minimizing the risk of identity theft in the event the card is lost or stolen; still includes a traditional magnetic stripe for merchants not yet using chip & PIN technology; allows leisure travelers to pre-load travel money onto a reloadable card for convenient use in millions of ATMs, shops and restaurants worldwide where MasterCard is accepted; and can be loaded and reloaded with a choice of the two aforementioned currencies.

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MINT.COM

RateSupermarket.ca website that lets users compare and save money on personal finance products such as credit cards is set to supply bank and credit card recommendation data to Canadian users of Mint.com. RateSupermarket.ca’s rate data and network of financial institutions and brokers lets Mint.com personal finance service from Intuit provide personalized money saving recommendations to its users, as well as easy access to all products. Mint aggregates a user’s banking, credit card and other financial accounts and transaction information, categorizing expenses to show how much a user pays for rent, restaurants, gas, and more.

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AmEx CEO To Present At Goldman Sachs Conference

American Express Chairman and Chief Executive Officer, Kenneth Chenault, is set present at the Goldman Sachs U.S. Financial Services Conference 2010 in New York, on December 7. American Express will subsequently make available live audio webcast of the presentation to the general public through the American Express Investor Relations website at http://ir.americanexpress.com. An audio replay of the presentation will be available after the event at the same website address.

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ChannelNet Launches mBanking Solution

ChannelNet has made available its “Mobile Financial” solution to serve financial services organizations. With “Mobile Finance,” banking, insurance, and money management firms that sell and service through multiple sales channels can provide a separate and unique delivery channel for their growing mobile-enabled customers. Financial services customers are looking for ways to check their balances, find a branch office or ATM, and make payments and deposits while on the go. This is partly in response to research indicating 34% of mobile-oriented users say mobile function is “very important” while 39% of financial institutions offered access to banking services through a mobile device’s Web browser and 32% did so through text messages and alerts.

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OTI

On Track Innovations contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments, eID Systems and other applications, has completed the upgrade of Zanzibar’s Permanent Voter Registry, including the distribution of biometric-based voter cards, for the country’s electoral commission. It concluded with the completion of general elections in Tanzania and Zanzibar, with OTI having supplied its end-to-end solution, based on its proprietary “Voter ID Registry Magna” platform. The system captured the identity of eligible citizens, posted voter lists and issued voter ID cards which were used in the recent election. Enrollment was conducted throughout the country, both in urban and rural areas, using OTI’s mobile enrollment systems. OTI also provided mobile enrollment stations and incorporated a biometric Automatic Fingerprint Identification System (AFIS).

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miCARD Introduces Lifesaving Holiday Gift Card

The miCARD holiday gift card is being introduced as means to save lives. At $14.95, the “miCARD Gift Card” is designed to help ensure the health and safety of those who need it most, giving first responders a readable summary of a loved one’s vital medical information 24/7, worldwide, in less than one minute. It ensures that medical personnel have the essential information they need to make lifesaving decisions from any location. The miCARD Gift Card can be created securely online and is offered as either a printed gift certificate or it can be emailed for those hard-pressed to meet holiday postal deadlines.

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PHOENIX MANAGED NETWORKS

Phoenix Managed Networks has inked multi-year agreements with CT-Payment
to provide mission critical financial transaction transport services to
CT-Payment and its customers. With this, Phoenix Managed Networks will
deliver INTERAC payment card POS transactions to CT-Payment data centers
over Phoenix Managed Networks’ PCI-certified and encrypted network.
Phoenix Managed Networks, formerly HBNet, operates its encrypted payment
network throughout North America and Europe for transaction delivery
services to financial institutions, payment acquirers, ISOs and
merchants in the United States, Canada, Europe and the Caribbean.
Phoenix will also provide CT Payments and its customers with value-added
capabilities to assist in areas such as end-to-end encryption, risk
management, card security and management information and reporting, for
which Phoenix will continue to provide multi-protocol support for a wide
array of POS terminals and advanced levels of network availability in
the Canadian payments industry.

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