Smart Card Alliance 2010 Conference To Focus on Mobile Usage

The Smart Card Alliance 2010 Annual Conference will address “Smart Cards in Action,”
focusing on the issuers and users
of smart card technology in payments, security, and mobile markets,
Attendees of the Smart Card Alliance 2010 Annual Conference
can look forward to learning about use cases and best practices with
keynote speakers and plenary sessions on hot topics like mobile payments,
cybersecurity, banking and healthcare security, identity credentialing
and fraud. The remainder of the conference program will be divided into two tracks:
the /Identity& Security/ track, and the /Payments& Mobile/ track.
Each will feature individual presentations, panels, and roundtable
discussions about how issuers and end users utilize the security and
data management capabilities of chip technology to enable secure digital
transactions – over the Internet, in retail stores, in transit centers,
on mobile devices, and in government and commercial enterprises.

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Monitise Americas Publishes Mobile Banking White Paper

Monitise Americas mobile banking and payments provider has made available its white paper, “The Critical Mobile Banking Decision”. Examining how mobility should be regarded as a strategic solution that can offer a solid return on investment, the white paper makes the case for selecting a provider that can offer a proven, integrated system supporting a long-term growth vision. It also covers Perceived Challenges of Adopting a Mobile Banking Platform; The Advantages of a Strategic Approach; The Key Requirements for a Strategic Mobile Banking Solution; and Case Study: H&R Block leverages mobile applications to help underbanked consumers manage their prepaid card accounts. The report can be seen at http://www.monitiseamericas.com/white_paper.

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Card Activation Technologies Files 10 Retailer Lawsuits

Chigao-based Card Activation Technologies
has filed lawsuits against 10 major retailers. The retailers include
Fashion Bug, Lane Bryant, Nordstrom’s, Blockbuster and Macy’s for patent
infringement. The case was filed in the United States District Court for
the Western District of Missouri.
CAT is actively seeking to license its technology to the thousands
of current users and believes that many retailers, gas stations, phone
companies and others that utilize those stored value cards, such as gift
and debit, infringe its patent. As a result, the company is aggressively
pursuing litigation against these infringements.

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USAT Deployed More than 10,000 Cashless Devices in Q1 2010

Non-cash wireless transction provider USA Technologies has increased the devices connected to
its network to over 73,000 as of March 31, 2010, compared with the 71,000
devices in its strategic plan. The Company’s financial results for the quarter ended March 31, 2010
will be reported in the Company’s Form 10-Q which the Company
anticipates filing with the Securities and Exchange Commission by no
later than May 14, 2010. USA Technologies provides networked credit card
and other non-cash systems in the vending, commercial laundry,
hospitality and digital imaging industries with agreements
with AT&T, Visa, MasterCard, Compass and others.

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Quepasa & Hi-media Payments Partner to Offer Micropayment

Quepasa Corporation, creator of Quepasa.com Latino social network, has partnered with Hi-media Payments micropayments business unit of Paris-based Hi-media Group. With this, Quepasa plans to bring Hi-media’s “Allopass” micropayments platform to Quepasa.com to help monetize its growing library of social games and premium content offerings. The Allopass micropayments solution currently processes more than eight million transactions per month, making it the largest and most popular micropayment platform in Europe and Latin America. The company has established key partnerships across the virtual goods ecosystem and is set to unveil several new integrations over the next year.

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Mobile Semiconductor TAM to Post 14.3% CAGR by 2015

For semiconductor suppliers and their IP partners who traditionally have
served the non-PC and industrial markets, such as POS equipment, the TAM
for multifunctional mobile devices is almost 700 million units in 2010. This
figure is projected to grow to over 1.3 billion by 2015 for a CAGR of 14.3%.
This report, released by CA-based multi-media product analyst Jon
Peddie Research, was created as a resource to uncover the opportunities
and to help them extend their technology into what we are
calling the “adjacent consumer markets” with a focus on mobile devices
for consumers. JPR provides consulting, research, and other specialized
services to technology companies in a variety of fields including
graphics development, multimedia for professional applications and
consumer electronics, high-end computing, and Internet-access product
development.

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VersaPay Grants Internal Stock Options

VersaPay Corporation has
granted incentive stock options to one of its Directors to purchase
68,000 common shares in the capital stock of the
Company pursuant to the Company’s approved share option plan. VersaPay’s
proprietary technology enables businesses and consumers to accept and
process credit, debit and gift card
transactions. As a payment services and financial technology company
serving over 3,000 Canadian businesses, VersaPay, in conjunction with
its partners, provides the hardware, technology, infrastructure and
support services that businesses of all types require to accept and
process electronic payments from their consumers and clients.

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Skateboarder Rob Dyrdek To Promote BillMyParents

Socialwise’s online payment, BillMyParents, has announced professional
skateboarder and TV star Rob Dyrdek will promote the payment solution
and teen MasterCard prepaid debit card. The new BillMyParents reloadable prepaid MasterCard gives teens
additional freedom and independence, enabling purchases wherever
MasterCard is accepted, both online and through traditional retail
outlets. The BillMyParents MasterCard prepaid card eliminates the
risks of carrying cash, and also gives parents a unique set of enhanced
monitoring and safety functions over their teen’s card use. Users can
choose from many designs, including pictures of Rob Dyrdek. With the
Supervised Shopping program, teens shop online and
pick out specific items they want by using the convenient BillMyParents
payment button on partner retail sites. Parents have the option of
providing an allowance-like spending limit in advance, or are notified
via email or text to approve or deny each purchase requested through the
automated system.

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MasterCard Now for Use to Pay Taxes at Convenience Fee of 1.95%

Value Payment Systems and RBS WorldPay announced that the companies’ “payUSAtax” tax payment service will now accept MasterCard cards for U.S. IRS Federal tax payments. For the 2009 tax year, MasterCard cardholders can now experience greater speed, convenience and security when paying their federal taxes online at www.payUSAtax.com for a reduced convenience fee rate of only 1.95%. Taxpayers who use their MasterCard when filing their Federal taxes with payUSAtax can earn rewards, schedule automated payments, set future payment e-mail reminders and deduct the convenience fee on their tax return. The “payUSAtax” service, individual taxpayers can make secure tax payments for 1040; estimated taxes; installment payments; tax extension; trust fund recovery penalty; amended tax returns, and many more.

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VeriFone Completes Acquisition of VTS

VeriFone Holdings has acquired the
remaining minority interest in VeriFone Transportation Systems and
aligned all operations within its Integrated Systems
organization. The former CEO of VTS has been named senior VP,
Taxi Systems.VTS was formed as a joint venture with TaxiTronic in 2005
to equip taxis with integrated fleet management and
customer payment systems. Acquiring the remaining minority interest in
VTS allows VeriFone to further drive adoption of the payment
systems within the transportation segment, particularly in international
markets. The Integrated Solutions organization will advance VeriFone’s
development and implementation of integrated solutions for
transportation and a strategy of driving payment solutions and
transactions as well as advertising sales by the recently formed
VeriFone Media Solutions group.

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BB&T Deploys Online Resources for Biller-Direct Payments

BB&T Corporation has signed a multi-year agreement for Online Resources Corporation’s biller-direct electronic payment solution. BB&T will implement Online Resources’ service fee payments in the second quarter, allowing live agents to accept consumer loan payments over the phone. Online Resources will also provide customer data collection and validation; fee and payment processing; interchange management and settlement; and real-time, on-demand reporting, tracking and management through an online client console. Online Resources powers financial interactions between millions of consumers and the company’s financial institution and biller clients, including 12 of the top 13 U.S. retail banks and 13 of the top 20 U.S. card issuers.

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