Aptys Solutions Launches PayHUB

TX-based payment provider Aptys Solutions has launched the PayHUB
payment processing platform created to support support all aspects of
payment processing, including image exchange, ACH processing, wire
processing, Federal Reserve
messages, in-network exchange (INEX) payment processing and mobile
payments. PayHUB is a multi-client, multi-tenant solution geared for rapid
deployment that creates, aggregates, processes and delivers all
financial institution payments. PayHUB operates in a highly secure
environment, helping mitigate fraud.
By streamlining the payment system, Aptys Solutions enables financial
institutions to make informed decisions through the payment analytics
module.

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MasterCard Launches Program With New Merchant Benefits

Continental Airlines, Budget Truck Rental, Harry & David and VerticalResponse are all slated to join the MasterCard “Easy Savings” Program. The “Easy Savings” program offers automatic discounts and savings to small businesses with credit, signature debit and business prepaid cards. Cardholders enrolled in the program receive exclusive automatic rebates at over 30,000 merchant locations from 24 merchant partners. Rebates are now available on on airfare, truck rental, business gifts and email marketing. These are available through Continental Airlines with a 2% rebate on tickets; Budget Truck Rental with a 5% rebate on truck charges; Harry & David with a 7% savings on all purchases made at Harry & David; Monster.com with a 10% rebate on recruitment services from Monster.

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AmEx Offers Exclusives to Cardmembers at Tribeca

American Express is bringing Cardmembers exclusive access to
advance tickets and premiere screenings at the 2010 Tribeca Film
Festival beginning April 21. American Express has also launched the
“Tribeca Film” national film distribution and marketing platform,
allowing Video On Demand service in homes across the
country with a showcase of 16 independent films. American Express
is also supporting Tribeca Film Festival Virtual,
a new online venture. Independent film enthusiasts everywhere can
purchase a virtual film premium pass and enjoy a selection of
full-length feature films premiering simultaneously at the Festival in
addition to exclusive original content and short films, an enhanced HD
video player and real-time discussions with filmmakers in NYC. Pass
holders of the Virtual Film Festival are invited to vote for their
favorite feature and short film. American Express will award the
director of the winning feature film $25,000, and the director of the
winning short film will receive $5,000.

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PAX Technology Taps New VP of Strategic Development

Payment terminal provider PAX Technology has appointed Carmen Paraschiv
as Vice President of Strategic Development. Paraschiv will be responsible

for working with our internal teams in making sure PAX products meet
industry compliance guidelines and will work very
closely with partners with certifications and rollouts. Paraschiv joined PAX Technology, Inc. after 15 years in the
payment industry. She spent 2 years as EVP of Project Management at
Exadigm, Inc. where she successfully managed their first 3 Class A
certifications. Prior to Exadigm, she was with Lipman for 11 years which
was acquired by Verifone in 2006. Paraschiv held a range of key positions
at Lipman USA including Customer Service and Quality Assurance Manager.
She also was part of the Lipman/Verifone transition team in the US and
became Verifone’s PMO Manager in January, 2007. After leaving
Lipman/Verifone, Paraschiv established Stand by Me, Inc. as an industry
consultant. She holds a Bachelor’s Degree in Economics and Computer Science from
the University of Planning and Cybernetics, Academy of Economic Studies
in Bucharest, Romania.

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MasterCard Partners With Next Jump to Enhance Online Shopping

MasterCard Worldwide has announced a three-year exclusive alliance
in the payments space with NY-based Next Jump, a next-generation
e-commerce company and has launched the MasterCard MarketPlace discount
program. The platform offers consumers the ability to simply
personalize their online shopping experience by setting preferences and
email notifications from specific merchants that they like and access to
exclusive in-store events at preferred merchants.
MasterCard eligible consumer can access the program
directly at http://www.mastercardmarketplace.com where they can preview
offers, join at no cost, and set preferences for the types of merchant
offers they want to receive. Cardholders can also choose to receive
email notifications for offers from specific merchants as well as
exclusive in-store shopping events at preferred merchants.
Next Jump acquires its users
through a B2B model, with over 90,000 corporations, affinity groups, and
institutions.

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LCN & SAGE PAY

Domain registration and web host LCN.com has partnered with Sage Pay, the UK’s leading independent payment provider. The integration between Sage Pay and LCN.com also alleviates another worry for online traders: Payment Card Industry Data Security Standards (PCI DSS), a set of rules designed by the card schemes to ensure the secure use of card data. Becoming PCI DSS compliant is a common hurdle for all businesses wishing to accept card payments from their customers. To celebrate this partnership, Sage Pay and LCN.com are offering an exclusive deal of 1 month’s free processing to any customer who has an active web hosting or eShop hosting (http://www.lcn.com/eshops) package within their LCN.com account. SMEs and entrepreneurs can use the Sage Pay payment gateway solution to connect to all the major UK Merchant account providers, thus enabling businesses to securely accept card payments from their customers.

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Hypercom and First Data Team to Combat Card Fraud

First Data payment processing has approved Hypercom as an encrypting service organization for remote key injection and that Hypercom’s “HyperSafe” Remote Key System will be available through First Data’s TASQ Technology. Hypercom is also teaming with First Data to implement the First Data “TransArmor” solution to combat card data fraud. Hypercom’s Remote Key System (HRKS) standards-based remote key injection product allows retailers to quickly and securely initiate on-site, in-store payment terminal key injection at the POS. Available through First Data’s TASQ Technology, the system offers a highly secure alternative to the industry’s traditional secure room key injection process. HRKS eliminates the need for off-site secure room key injection and meets ANSI x9.24 and Visa PIN Security Guidelines for remote key management, and is FIPS 140-2 Level 3 and X509 compliant. Meanwhile, the “TransArmor” solution addresses the root cause of merchant data security issues by removing payment card data from the merchant environment as part of processing the transaction.

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Heartland Payment Systems Awards FRLA As Partner of the Year

Payment processor Heartland Payment Systems has
honored the Florida Restaurant& Lodging Association (FRLA) with its
first-ever “Partner of the Year” award. Heartland has recruited over 750 members for the FRLA during the
nine-year partnership. Likewise, the association has shared referrals
and facilitated many events and networking opportunities to help
Heartland deliver its full suite of business solutions — including card
processing, gift marketing, payroll services and check management — to
restaurants and lodging establishments across Florida.

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MasterCard Names President & CEO

Ajay Banga has been named by the Board of Directors to serve as MasterCard’s president and CEO, effective July 1 and a member of MasterCard’s Board, effective immediately. Previously Mastercard COO, Banga spent 13 years at Citigroup from 1996, and held a variety of senior management roles in the United States and Europe, Middle East, Africa regions. He was CEO of Citi Asia Pacific, responsible for all of the company’s business lines in the region, including institutional banking, alternative investments, wealth management, consumer banking and credit cards. He began hiscareer with Nestle in 1981, where he worked for the next 13 years in sales, marketing, and general management. He later joined Pepsico and was instrumental in the launch of its international fast food franchises in India as the economy liberalized. Banga holds a B.A. in Economics Honors from Delhi University and is an alumnus of the Indian Institute of Management, Ahmedabad.

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EAST 2009

EAST (the European ATM Security Team) has reported a 36% drop in ATM related fraud losses in 2009, with total losses of 312 million Euros reported (down from 485 million Euros in 2008. International losses due to skimming attacks fell by 43% from 393 million Euros to 226 million Euros, continuing a downward trend for each six monthly reporting period first noticed at the end of 2007. This is further indication that the EMV rollout at ATMs in Europe (now 94% complete) is helping to reduce skimming losses, and also that fraud counter-measures, fraud monitoring capabilities and fraud detection continue to improve. Losses continue to be reported globally, and the risk of counterfeit EMV cards being used to withdraw cash fraudulently from ATMs in parts of the world that are not EMV compliant remains. Annual losses due to card skimming have fallen for the first time since EAST began reporting in 2004 (down from 484 million Euros in 2008 to 310 million Euros in 2009). Despite this drop in losses, overall ATM related fraud attacks rose 8% with a total of 13,269 incidents reported, up from 12,278 incidents in 2008.

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ThreatMetrix Fighting Online Fraud With OnlineLabels.com

Fraud detection provider ThreatMetrix has been enlisted by OnlineLabels.com to control online
fraud. With the “ThreatMetrix Fraud Network” now in place, OnlineLabels.com has
added another measure to their system in order to facilitate the
processing of legitimate orders and block fraudulent ones. The “ThreatMetrix Fraud Network” enables companies such as
OnlineLabels.com to customize a collection of fraud rules to instantly
review and analyze transactions. Based on criteria set forth by the
company, every transaction is given a fraud score every time an online
order is entered into the OnlineLabels.com order processing system. When
an order hits a pre-determined score, it will automatically go into a
fraud review queue. It is then up to the company to review it and gather
additional data by contacting the customer. If upon closer examination
it is determined to be fraudulent, the order is manually rejected. The
ThreatMetrix Fraud Network can then automatically add transaction and
device identifiers to blacklists. If the order is determined to be
legitimate, it is released from the fraud review queue for order
processing and added to a whitelist for future reference.

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Hypercom Payment Software Achieves PCI PA-DSS Approval

Hypercom security electronic transaction solutions’ “SPOS32” payment software application, versions 3.0 and 3.1, have been PCI PA-DSS validated. Immediately available to support the Company’s “Optimum” countertop and mobile card payment product portfolio, this follows PCI PTS 2.1 the recent security approval of Hypercom’s Optimum “L4150” multilane payment terminals and L4150 Secure Keypad. Hypercom was also recently awarded the Sesame Award for its “HyperSafe Remote Key System” (HRKS) last November. Hypercom’s popular new Optimum product portfolio includes the T4205, T4210, T4220 and T4230 countertop and M4100, M4230 and M4240 mobile card payment terminals. Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products, software solutions and services in more than 100 countries.

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