National Credit Card Delinquency Rate Drops 17.1% Q/Q

The national credit card delinquency rate of bankcard borrowers 90 days or more delinquent on at least one credit card decreased to 0.92% in 2Q/10, down 17.1% over the previous quarter and down 21.3% over the year ago period. Over the past two years, the closest the delinquency rate has been nearest this figure was in 2Q/08 when it was 1.04%. Credit card delinquency was still highest in Nevada at 1.50%, although its down from the last quarter figure of 1.79%, when the State still led the nation. Nevada is followed by Florida (1.24%) and Arizona (1.11%). The lowest credit card delinquency rates were found in North Dakota (0.54%), South Dakota (0.55%) and the District of Columbia (0.61%). These findings, according to Transunion research, reflects only Alaska showed an increase in credit card delinquency, up 7.4%, while the largest quarter-over-quarter drop in delinquency was found in the District of Columbia, down -28.2%, and Delaware, down -23%. Additional findings show average credit card borrower debt was down since the previous quarter by 4.1% to $4,951 from $5,165. This is down 13.4% from the year ago figure of $5,719 and is lowest average national balance in 8 years.

90+ DAYS DELINQUENCY
1Q/08: 1.19%
2Q/08: 1.04%
3Q/08: 1.09%
4Q/08: 1.21%
1Q/09: 1.32%
2Q/09: 1.17%
3Q/09: 1.22%
4Q/09: 1.21%
1Q/10: 1.11%
2Q/10: 0.92%
Source: TransUnion Trend Data

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PayTrace Integrates with Chase Paymentech Processing

PayTrace has deployed transaction processing capabilities on the Chase Paymentech Tampa processing network. Integration and Certification has been completed on the Chase Paymentech Tampa processing network for all of PayTrace’s functionality, including: Moto, E-Commerce, Retail, and Level II and III data processing. This offers more market opportunities by offering the ability to process payment transactions on the network to benefit Resellers with a greater choice or networks.

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Hypercom to Present at Roth Capital Partners 2010 Fall Conference

Hypercom is set to attend the 2010 Roth Fall Conference Wednesday, September 1 through Friday, September 3 at the Grand Wailea Resort Hotel in Maui, Hawaii. With this, the Company CFO will participate in a series of one-on-one meetings with investors. Also set to present at the conference is the Hypercom Senior Vice President, Finance, Treasury and Investor Relations. Hypercom global payment technology offers a full suite of high security, end-to-end electronic payment products, software solutions and services.

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MoneyGram & MasterCard Forge New Partnership

MoneyGram International has inked partnership agreements to allow “Univision” MasterCard Prepaid cardholders to load their cards at approximately 35,000 of its agent locations nationwide. The “Univision” MasterCard Prepaid Card provides Hispanic consumers with an affordable alternative to carrying cash or using a credit card and is a cheap, safe and easy way to track and manage spending. MoneyGram provides “Univision” MasterCard Prepaid Card users the first load for free, while subsequent reloads are $3.95. MoneyGram offers reloading for hundreds of prepaid card programs in retail locations in virtually every community including many grocery, pharmacy and convenience store chains.

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Big Hairy Dog and USAePay Implement iPhone mPOS

Big Hairy Dog Information Systems and USAePay’s “PaySaber” teamed to allow Nike sales representatives to to scan barcode items, take a credit card or cash payment for the merchandise and print a detail-itemized receipt from anywhere at the New York City Nike World Basketball Festival. Associates assisted and checked out on the floor of the store using the mobile payment “PaySaber” on either the Apple iPhone or iPod Touch to offer all the functionality of a stand-alone point of sale register in the palm of the hand. The USAePay “PaySaber” software works in conjunction with the Big Hairy Dog Retail Pro solution and would update customer details, sales records and inventory quantities so both were always in sync. Based on this successful implementation, Nike Events plans on moving forward with the solution for future events such as the Chicago Marathon, New York Marathon and Nike Women’s Marathon in San Francisco.

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Dollar Financial Posts 2Q/10 Revenue of $159mm

Dollar Financial, serving primarily unbanked and under-banked consumers, posted consolidated total
revenue of $610.9 million for its 2010 fiscal year, up $83.1 million or 15.7% year-over-year. Adjusted
EBITDA was $182.2 million for fiscal 2010, for an increase of $43.7 million or 31.6% compared to the prior
fiscal year. For 2Q/10, meanwhile, total consolidated revenue was $159.0 million for an increase of 27.8%
or $34.6 million over the three months ended June 30, 2009. The Company incurred $10.2 million of net
one-time charges, principally related to an $8.5 million net unrealized, non-cash mark-to-market
valuation loss on the Company`s debt and cross-currency interest rate swap agreements throughout the
quarter. The Company continued to implement its store rationalization program, having closed 23 U.S.
financial services stores, 16 of which were located in Arizona with 7 store closures in the State of
Washington. Results were also due in part to the recently acquired Dealers` Financial Services (DFS)
business in the United States, which provides fee based auto lending and insurance services to military
personnel in the United States and contributed $4.9 million of incremental EBITDA for the quarter. With
these results, Dollare Financial is expecting to post adjusted EBITDA of between $205.0 million and $215.0
million in the next fiscal year.

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AmEx Offers Exclusive Access to Mercedes Fashion Week

American Express has its lineup of enhanced fashion experiences and exclusive Cardmember offerings during Mercedes-Benz Fashion Week. This allows Cardmembers to experience an exclusive viewing of the Tory Burch Spring 2011 collection; to interact via Twitter through the specially enhanced multimedia wall; and to enjoy the Skybox, offering an unparalleled vantage point of the runways, connect them with the industry’s biggest names and allow them to mingle with the who’s who of the world of fashion and style, among many more benefits. Cardmembers can take advantage of an exclusive American Express offer during the second-ever Fashion’s Night Out by registering their eligible American Express Card at americanexpress.com/entertainment.

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BilltoMobile Appoints New Engineering VP

Warren Faleiro has joined BilltoMobile payments solutions as VP, engineering and technology. Prior to joining BilltoMobile, Warren served as VP, multimedia applications at VeriSign to oversee driving technology delivery and maintaining strategic relationships with tier one mobile operators. Also at VeriSign, he led a team developing innovative carrier grade services including a highly scalable Multimedia Messaging Service Center (MMSC), a media sharing portal, social networking gateways and embedded mobile application software. Warren has helped several other top mobile and telecom organizations build effective product and engineering teams as well as create and leverage strong relationships with their strategic partners. BilltoMobile alternative online payment provider is in sync with the e-commerce mobile payment evolution, having processed $3 Billion in DMB transactions with its 10,000+ online merchant partners since 2000.

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PNC eWallet Offers New Budgeting Tools

PNC Bank has enhanced its “Virtual Wallet” online and mobile money management tool to facilitate budgeting and smart spending. The “Virtual Wallet” solution is a money management tool for tech-savvy consumers with no monthly service charge or minimum balance. Unlike any other personal finance service or bank product, it uniquely combines a “Spend” function for everyday banking and bill pay, a “Reserve” account for short-term savings and overdraft protection plus a high-yield “Growth” account. Virtual Wallet has averaged more than 3,500 account openings per week this year and has earned numerous awards for design, technology and innovation. This is in addition to the “Virtual Wallet Student” solution introduced to help college students and their parents with money management while the “Spending Zone” tracking overview, reimbursement request feature and e-mail alerts to parents are among the features.

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OKI Launches New Retail Signage Solution

OKI Data Americas has launched its “SignDirector Solution” web-based application. Allowing retailers to react quickly to the marketplace by printing signs on-demand at the store level, retail headquarters have the ability to control in-store signage regionally and nationally, to manage brand consistency, pricing and promotions. Compatible with OKI’s digital color printers, the solution allows stores to easily print onsite with OKI’s driverless printing capabilities, reducing the need to outsource or print and ship signs because the right signs are immediately available from corporate. The “SignDirector Solution” helps companies simplify in-store sign printing and become more cost-efficient and includes one-year of maintenance and support.

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Cybera Introduces Comprehensive PCI Compliance Solution

Cybera data security and PCI compliance solution provider has made general availability of its “ClearPCI” suite of solution offerings. Simplifying PCI compliance for merchants, “ClearPCI” provides a comprehensive package of security hardware and software necessary to make a merchant store PCI compliant for one, low annual fee. This is meant to reduce costly PCI compliance for merchants, previously required to piece together compliance solutions from multiple providers. The “ClearPCI ONE” solution includes a free online, intelligent Self Assessment Questionnaire (SAQ) for quick and easy SAQ completion, vulnerability scanning as required for PCI compliance, an on-site security appliance, rogue wireless access point detection services, intrusion detection services (IDS), hosted security information and event management (SIEM), secure VPN, managed firewall service, hosted antivirus, anti-spam, content filtering, 12 month remote log storage, a customer management portal and around the clock proactive management through Cybera’s Security Operations Center (SOC).

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Roamware Listed #2745 on Inc. 5000

CA-based Roamware has been ranked No. 2745 on its fourth annual Inc.
5000 by Inc. magazine. Founded in 2002, Roamware has grown consistently
each year and has operations across five continents, servicing 3 billion
users and providing mobile operators with a range of new revenue
streams. Roamware’s products are deployed in more than 464 mobile
operator networks across 154 countries. Additionally, Roamware’s mobile
finance solutions have been successfully deployed by major banks and
operators around the world, and serve a wide range of needs across the
domains of mobile commerce, banking, remittances and payments.

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