PlaySpan Deploys In-App for Android

PlaySpan has kicked off its “UltimatePay Mobile” virtual currency and micropayments monetization widget for leading smartphone platforms. The “UltimatePay” widget tracks virtual currency balance and provides each user the ability to top-up and view transaction history. The monetization solution at launch for HTML5 also provides a payment widget that allows for easy integration by developers and the ability to set pricing in the widget with a complete PCI Level 1 and SAS-70 Compliant full service Monetization-As-A-Service (MaaS) platform.

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Debt Resolve Inks First 2 Clients

Debt Resolve software signed its first two clients for “DR Collect.” Recently introduced, the new platform is specifically targeted to the collection agency and collection law firm market, allows an agency or law firm to implement a patented online collection channel in a matter of days. In order to further promote adoption of the DR Collect platform, the Company has implemented a new pricing schedule for the agency and law firm market that is simple and cost effective. The new clients include a collection law firm and a collection agency.

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NUETS

Net 1 UEPS Technologies’ “Net1 Universal Electronic Technological Solutions”(“NUETS”) has received an additional $1.3 million order for 2,000 EFTPOS
devices for deployment in Iraq, of which it expects to deliver 500 throughout 2Q/11. The remaining 1,500 devices will be delivered in 3Q/11. The Company’s
UEPS system was implemented in Iraq and is used for the distribution and payment of government grants to war victims, government pension payments to
beneficiaries, as well as salary and wage distribution and payment to employees of the two state owned banks.

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AmEx Chairman to Present at Conference

American Express Vice Chairman, Ed Gilligan is set to present at the 2010 Banking and Financial Services Conference hosted by Bank of America Merrill Lynch on Tuesday, November 16. The live audio webcast and presentation slides of the conference will be made available to the general public on the American Express Investor Relations website at http://ir.americanexpress.com.

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Fiserv Announces New Face for APL

Fiserv financial services technology solutions has introduced its “OneView” user interface for APL managed accounts platform. With the “OneView” roles-based design, it brings workflow, exception reporting and simplicity to the APL platform to reduce the learning curve for APL users. It lets sponsors, money managers, overlay managers, advisors, outsourcers, banks and Turnkey Asset Management (TAMP) clients to more quickly and easily locate the information they are seeking as they are serving their investors. The “OneView” features the ribbon menu bar that Microsoft(R) introduced with its 2007 Microsoft Office(R) suite.

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CONSORTEUM MASTERCARD

The second phase of Consorteum Holdings’ MasterCard benefits pilot program is underway following successful deployment. The pilot program was recently doubled in size to include additional community members and is now accepting direct deposit of funds. Consorteum will continue to monitor the valuable data provided by the pilot for the launch of a nationwide initiative. Recently obtaining the capital required for further expansion, Consorteum anticipates having sufficient data for a scheduled multi-location rollout in early 2011.

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Total Sales Up By 3.3% Year-Over-Year

MasterCard Advisors’ macro-economic “SpendingPulse” report tracking national retail and service sales October 2010 summary results show total retail sales grew by 3.3% year-over-year, the strongest year‐to‐year pace since April. Total Retail sales were up 3.3% in October compared to the month prior when they were up 1.4% while seasonally adjusted month-to-month sales were up by 3.1%. Apparel reflected great sales growth for ts third consecutive month of year-over-year growth while department store sales, electronics and appliances, and airlines all posted declines. On a regional basis, with year-over-year growth in the Mid-Atlantic and South Central regions at close to or above 5.5% while in the Northeast, Pacific and Great Plains saw sales growth of between 1-2%.

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VISA INFINITE

Visa is designating its “Infinite” card as the official payment card of the 2011-2013 seasons at the Shaw Festival theater companies. This will provide Visa “Infinite” cardholders exclusive access to the best seats in the house for the upcoming season between December 4 and 23. During this time, cardholders have the opportunity to order tickets before the general public, simply by contacting the Shaw Festival Box Office and using their Visa Infinite card. When they purchase tickets or a Shaw Festival membership will receive 20% off Shaw Festival – ‘The First 50 Years’ commemorative book celebrating the Shaw Festival’s history, which is celebrating its 50th season in 2011.

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MPR Spikes, Third Highest Since October 09

Monthly Payment Rate performance for the month of September was way up to 17.51% after having hit a 2-year low in July. Year-over-year, MPR was up nearly 1% from 16.59% and
is at the third highest level since October of 2009. This is consistent with seasonal patterns and driven by seasonal factors as well as fundamental changes in cardholder payment trends. Historically, the MPR sees a lag in the fall months as the holidays approach, as has been the case since the start of the economic recession. Monthly payment rates have been resilient given the lack of credit availability because the percentage of cardholders who are charging rather than revolving has not changed significantly. For complete details on current and historical MPR data, visit CardData.com (www.carddata.com).

MONTHLY PAYMENT RATE
Jul 09: 17.12%
Aug 09: 16.96%
Sep 09: 16.59%
Oct 09: 17.77%
Nov 09: 17.66%
Dec 09: 17.23%
Jan 10: 17.15%
Feb 10: 15.95%
Mar 10: 18.79%
Apr 10: 14.61%
May 10: 13.96%
Jun 10: 14.22%
Jul 10: 12.86%
Aug 10: 13.11%
Sep 10: 17.51%
Source: CardData (www.carddata.com)
Source: CardData (www.carddata.com)

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2Checkout Online Payment & Znode

2Checkout.com and Znode have partnered to make buying and selling
products online faster, easier, and more secure. With 2Checkout’s
existing International customer base, global online payment solutions
and Znode’s multi-store ecommerce software, the partnership will provide
2Checkout’s merchants with even more ways to reach customers and
increase sales with a safe and easy way to accept payments online. Znode
provides online retailers with unique marketing capabilities through a
multiple-store customer acquisition and retention model. 2Checkout.com
global payments solutions provider services approximately 60,000 online
retailers.

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Upromise Mastercard Helps Holiday Shoppers Budget

Sallie Mae’s “Upromise” is providing tips to save for holiday shoppers.
In addition to looking for sales and coupons, Upromise is recommending
its “World MasterCard” credit card from Bank of America. The card gives
an additional 2% back on eligible online purchases at more than 700
participating online retailers that can be directed towards education
expenses, in addition to the 1-25% members earn from online retailers by
shopping at Upromise.com and on top of the 1% cardholders earn for all
other purchases made with the Upromise credit card. Last year during the
holiday season Upromise members received $12 million in college savings
rewards from eligible holiday spending with hundreds of participating
merchants.

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CardSmart Launches mCredit Processing

CardSmart Merchant Services and the eProcessing Network have teamed to introduce the “ePN Mobile,” allowing merchants on the go to process credit cards from their iPhone, iPad, iPod, Blackberry, Android, or other Java enabled phones. Credit cards can be manually entered or can be swiped using an attached or wireless Bluetooth card reader. With touch-screen enabled phones, signature capture is available in which signatures are sent and stored on the gateway with the receipt. All mobile credit card transactions are secured and stored on line. The software comes with access to the ePN Merchant Support Center that gives access to all transaction logs, phone configurations, and account settings making it easy to manage the mobile credit card processing account from anywhere. CardSmart Merchant Services is currently offing special pricing on the ePN Mobile software to existing merchants.

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