AIR MILES

Aeroplan has announced that members can earn Bonus Aeroplan Miles this spring with the “Aeroplan Bonus Days” promotion.
Aeroplan Bonus Days offer includes miles earned with American Express Earn and the AeroplanPlus Platinum Card.
CIBC is offering 15,000 Aeroplan Miles on your first purchase with a CIBC Aerogold
Visa Infinite Card and 10,000 Aeroplan Miles when a customer opens both a
new CIBC Unlimited Chequing Account and a CIBC eAdvantage Savings
Account with qualifying transactions.Members who shop with 3 or more qualifying partners such as
Esso, Home Hardware, Nestle, PepsiCo, Sobeys, Rexall and more can save 15% off Air
Canada flights and earn hundreds of extra miles during this promotion that can
be used towards travel to more than 1,000 destinations worldwide on Air Canada and Star Alliance
carriers or on over 600 merchandise, hotel, car rental and experiential rewards. Aeroplan’s millions of members earn Aeroplan Miles with its growing
network of over 75 world-class
partners, representing more than 150 brands in the financial, retail,
and travel sectors. In 2009, over 2.1 million rewards were issued to members including more
than 1.5 million flights on Air Canada and Star Alliance carriers which offer travel to more than
1,000 destinations worldwide.

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Flagstar Bank Renews NYCE Network Agreement

MI-based Flagstar Bank has renewed its NYCE Network participation and
named NYCE its exclusive provider of ATM and POS access. NYCE Payments
Network is a leading U.S. electronic payments network and an FIS
company. In addition to NYCE participation, FIS provides Flagstar Bank with
production services for all of its card programs. FIS is one of the world’s
largest providers of banking and payments technology. Flagstar Bank is a
community bank with approximately 165 banking centers, has $14 billion in
assets as of December 31, 2009, and contributes more than 100,000 cards and
230 ATMs to the NYCE Network.

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RESEARCH & MARKETS

Research and Markets has announced the addition of the “Mobile Payments 2010-2014” report to their offering. The worldwide mobile payments volume denoting the face value of purchases and transactions through mobile handsets stood at USD 68.7 billion in 2009, up from USD 45.6 billion in 2008, and will surge nine-fold to reach USD 633.4 billion by end-2014. In 2009, there were 81.3 million mobile payment users worldwide and this number is forecast to grow over six-fold to reach nearly 490 million by the end of 2014, seeing the worldwide penetration of mobile payment users increasing over four-fold to reach almost 8 percent by end-2014.

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Heartland Presented With ECAF Integrity Award

Heartland Payment Systems was recently awarded the “Integrity Award” at the European Card Acquiring Forum (ECAF) in Berlin, Germany. The Integrity Award is given to the company that was best in communicating, dealing with and remedying a compromised operation. The ECAF membership, comprised of leaders within the payments industry, nominated Heartland for this recognition. Heartland “E3” is designed to safeguard sensitive information from the moment a card is swiped at a POS, to and through Heartland’s processing network, and ultimately to the card brands — rendering any captured data useless in the event of a compromise. “E3” is currently in limited release and will be widely available in the second quarter of this year.

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Citigroup Appoints Executive VP, Global Public Affairs

Citigroup has appointed New York City Deputy Mayor Edward Skyler Executive Vice President, Global Public Affairs to lead all external and internal communications and share leadership of Government Affairs. He will be charged with ensuring that Citi’s global dialogues with the public and governments are effective and consistent, effective early May. He has overseen strong performances by the New York City’s main operational agencies and served as a top budget, legislative and labor negotiator for Mayor Michael R. Bloomberg. Skyler has been a member of Mayor Bloomberg’s administration since its inception in 2002. He had worked in the Corporate Communications group of Bloomberg LP before joining Bloomberg’s 2001 campaign for Mayor as Press Secretary.

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TransitChek Card Named Best-in-Category

Paybefore has given the best-in-category distinction to Bancorp Bank Payment Solutions’ “TransitChek Card” prepaid Visa card, provided by TransitCenter for Best Business/Corporate-Funded Program: Transit in its annual Paybefore Awards. Paybefore Awards, now in their fourth year, recognize excellence in the worldwide prepaid and stored value card industry. They are presented annually by Prepaid Media, whose Paybefore publications are the leading source of industry information for the global prepaid community. TransitCenter’s TransitChek Card was selected by a panel of five industry experts who served as judges for this year’s competition.

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NFCC Launches New Credit Literacy Site in Spanish

The National Foundation for Credit Counseling (NFCC) has launched a new financial Web site to serve the Hispanic community, www.termineconsudeuda.org.
Among the financial education tools available on the site, consumers will find a Consumer Tips section relevant to their everyday concerns. Located within this area are a Budget Worksheet, multiple calculators and consumer tips articles. Those interested in credit counseling will find an overview of the credit counseling process, a Frequently Asked Questions area, and information on how to locate an NFCC Member Agency to set an appointment for counseling. Additionally, useful information is provided for those needing housing counseling or fearing foreclosure, along with an overview of the bankruptcy process for those in deep financial distress. Of particular note is the number of financial education products the NFCC has made available in Spanish. Workbooks include Claves Para Ser Propietario (Keys to Homeownership), a step-by-step guide to buying a home, Mejore su Suerte (Better Fortunes), a common-sense approach to managing money, Hay Mas de Una Salida (More than One Way Out), which offers an overview of and alternatives to bankruptcy, and Viva Una Vida Mas Plena (Live a Richer Life), a financial recovery roadmap post-bankruptcy.
The NFCC also created a DVD for borrowers concerned about foreclosure. Cómo Evitar la Ejecución Hipotecaria is available to consumers free of charge, and can be ordered through www.termineconsudeuda.org. The NFCC routinely develops and distributes radio and television Public Service Announcements (PSA) in Spanish, and regularly publishes news releases in Spanish.

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GETI Has Class A Certified PrimeTrex IP POS System

Check processor Global eTelecom (GETI) has Class A certified the “PrimeTrex IP POS”
terminal from TechTrex Inc. (TTI) for Check 21+ remote deposit capture
and gift/loyalty card services. The “PrimeTrex IP” sports a
32-bit ARM9 processor for amazing dial and IP processing capacity. Its
64 MB of memory provides ample space for multiple merchants and multiple
applications. Global eTelecom provides proprietary electronic check processing and
gift/loyalty services to over 55,000 merchants nationwide. GETI’s
products are marketed through a sales channel of banks, independent
sales offices and credit card processors. TechTrex Inc. is a leading provider of turnkey custom solutions
for the card issuance and payment industries.

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Macy’s & AmEx Announce Co-Brand Card Partnership

Macy’s and Bloomingdale’s credit cards will be co-branded exclusively with American Express and issued by Citi, the issuer of Macy’s and Bloomingdale’s credit cards. The agreements stipulates existing Macy’s and Bloomingdale’s Visa cards will be replaced by new Macy’s and Bloomingdale’s American Express cards by the end of 2010. Customers’ American Express card will have the same credit limits, current balances, historical account information and loyalty program rewards as the existing co-branded card. Customers who hold a Macy’s or Bloomingdale’s store credit card (not co-branded) will see no change, and those cards will continue to be accepted only at Macy’s or Bloomingdale’s. Macy’s had fiscal 2009 sales of $23.5 billion and operates about 850 department stores in 45 states.

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MagIC3

Digital security provider Gemalto has expanded its MagIC3 range of Point-Of-Sale (POS) terminals. Remarkably light and compact, with unmatched autonomy, MagIC3 W-1 delivers increased
convenience in restaurants and outdoor retail outlets. It features Universal Serial Bus (USB) connections for instant plugging of peripherals such as
check and barcode readers, WiFi dongles or electronic cash registers, making it a flexible and evolving
payment solution. The MagIC3 W-1 terminal comes equipped with an integrated Ethernet broadband connection
to offer very high-speed secure transactions. MagIC3 W-1 has already obtained Payment Card Industry PIN-Entry Device certification – PCI PED – and EMV
worldwide certification.

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