Wells Fargo Envelope Free ATMs Saves 100,000 Trees

Wells Fargo& Company has exceeded a milestone of saving more than 100,000 trees through
its Online Statements and Envelope-Free ATMs. By year-end 2009, Wells Fargo’s Envelope-Free ATMs had processed more
than 100 million checks – which means 97 million fewer paper envelopes,
and the benefits of 550 tons of paper or 9,883 trees saved. In addition, it announced
a $30,000 contribution to the Arbor Day Foundation to support the
planting of trees and honor customers who have chosen to turn off their
paper statements. Customers can access online statements for checking and savings
accounts, credit cards, mortgages, brokerage accounts, personal loans
and lines of credit, home equity loans and lines of credit, and student
loans. Through online only statements, customers stay organized and
secure online, and help the environment. Customers who receive their
statements online only receive email alerts letting them know when
statements are ready.

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First Data Reports Full Year 4Q/09 Fiscals

First Data has reported consolidated revenue for 4Q/09 up 12% to $2.6 billion, primarily driven by the
formation of the Bank of America Merchant Services alliance. Adjusted Revenue increased 1% for the quarter
due mainly to growth in International Segment Revenue helped by a weaker U.S. dollar. Meanwhile, adjusted
earnings before interest, taxes, depreciation and amortization (EBITDA) were $530 million compared to
$645 million for the year ago period. For the full year, consolidated revenue was up 6% to $9.3 billion while Adjusted Revenue declined 7% thanks to lower revenue in the Retail and Alliance Services segment and the stronger U.S. dollar. For 2009, Adjusted EBITDA was $2.1 billion compared to $2.6 billion for 2008, unfavorably impacted by the weaker economy, a stronger U.S. dollar and lower royalty revenues. The full-year net loss attributable to First Data was $1.1 billion, which includes after-tax interest expense of $1.1 billion. For complete details on First Data’s third quarter performance visit CardData (www.carddata.com).

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LifeLock Identity Alert System Hits Six Month Milestone

Proactive identity alert provider LifeLock “Identity Alert” has blocked
6,200 risky or miskeyed applications for both credit and non-credit
services for members since its introduction in September 2009. With this,
more than 221,000 applications have been successfully monitored and
reported to LifeLock members, fulfilling
the service’s mission of providing even broader identity theft protection.
The “LifeLock Identity Alert” system uses multiple technologies and data
sources to help better defend LifeLock members against the inherent
risks of identity theft.

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2Checkout.com Names VP, Strategic Development

2Checkout.com global online payment solutions has appointed Mark Bishopp VP, Strategic Development. Mark brings with him more than 20 years’ progressive international executive experience in strategic planning/alignment management, project management office establishment and critical program execution. He began his career with Price Waterhouse where he spent seven years before forming his own consulting company specializing in bridging the gap between business, operations and IT. His international client list is diverse in terms of size and industry servicing the likes of Avnet, Battelle, Citibank, JPMorganChase, The Limited and The Metropolitan Museum of Art, to name a few.

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KICTeam Intros Waffletechnology Smart Card Reader Cleaning Card

ME-based card cleaning technology provider KICTeam has released the
“Waffletechnology Smart Card Reader Cleaning Card”, designed to remove
these contaminants by gently cleaning these critical read/write
components. Dirt, oils and other contaminants are introduced into a card
reader every time a credit card is inserted. For
the read contacts to properly access the smart chip, it is critical that
these contaminants are regularly removed to help avoid card reader errors.
When the “Waffletechnology Smart Card Reader Cleaning Card” is used on a
regular maintenance schedule, it will help maintain uninterrupted card
reader service. This product offers an extremely low
cost benefit when compared to the cost of conventional cleaning and
replacement.

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First Data Appoints Chairman and Interim CEO

First Data Corporation has appointed board member Joe Forehand as chairman and interim CEO. Most recently chairman and CEO of Accenture where he spent 34 years of his career, Forehand served as Accenture’s CEO from November 1999 through August 2004 and as Accenture’s chairman from 2001-2006. He is currently a senior advisor at KKR and prior to that served as chairman and CEO at Accenture from November 1999 through August 2004 and as chairman from 2001-2006. He led Accenture through a period of significant change and growth – including launching one of the largest global rebranding campaigns. In July 2001, Forehand led the company in its IPO, one of the largest in U.S. history. During Forehand’s term as CEO, Accenture grew from $9.6 billion in revenue and 66,000 employees to $13.7 billion in revenue and 103,000 employees.

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Fiserv Appoints New Director of Sales for Revenue Enhancement

Lilly Straith has been named director of sales for the Fiserv community banking and credit union markets for Revenue Enhancement Solutions. In this role, Straith will help community financial institution clients with strategic planning for deposit transformation and business growth, including Regulation E “opt in” optimization, new deposit products, and solutions to meet consumer liquidity needs. Bringing with her more than 28 years’ experience in the banking industry and 10 years in Revenue Enhancement Solutions consulting, Lilly most recently served as a portfolio manager for Revenue Enhancement Solutions working with banks and credit unions in the South and Northeast. Prior to that, she lead community banking and credit unions sales in the Revenue Enhancement Consulting group, working with national and state associations. This after having spent 14 years in management positions in retail banking and working as the national sales manager for global treasury management for a large regional bank.

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MoneyGram International Appoints SVP, CMO

MoneyGram International payment services has added Juan Agualimpia as SVP & CMO. In his new role, Agualimpia will oversee MoneyGram’s global branding and marketing strategy. Bringing with him nearly 20 years’ experience in marketing, brand management, customer relationship management and product development, Juan comes to MoneyGram after five years with Newell Rubbermaid, most recently as VP & GM for the Art & Coloring Global Business Unit. This after having served in senior-level marketing and management positions for global brand leaders such as Reckitt Benckiser, Abbott Laboratories, The Clorox Company and Warner-Lambert.

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MoneyGram & SUPERVALU Ink Extension of Remittance Offering

MoneyGram International global payment services and SUPERVALU U.S. grocery retailer have renewed multi-year agreement to extend their alliance to offer MoneyGram remittance at more than 1,000 grocery outlets in 28 states. SUPERVALU has become MoneyGram’s largest client, offering services at such corporate stores as Acme; Albertsons; bigg’s; Cub Foods; Farm Fresh; Hornbacher’s; Jewel-Osco; Lucky; Shaw’s/Star Market; Shop’n Sav; and SHOPPERS. MoneyGram services at SUPERVALU brands include money transfers, ExpressPayment urgent bill payment and money orders. The MoneyGram global network is comprised of 190,000 agent locations in more than 190 countries and territories.

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Bank Of America Ends Debit Card Overdraft Charges

Bank of America has announced that beginning this
summer it will only authorize single debit card transactions at the
POS if a customer has enough money in their account at the time.
This change will help customers by reducing the likelihood they may
inadvertently overdraw their account, thus eliminating unexpected
overdraft fees on these transactions. The Bank
is reducing the likelihood cardholders will overdraw their accounts and
eliminate overdraft fees for greater control; is allowing customers to
link their checking account to a savings or other accounts through
Overdraft Protection or to simply take out cash at an ATM for greater
choice; and clearly spelling out for customers how these changes are
enhancing the control they have asked for while providing options that
allow them to choose the solution that best meets their needs.

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MASTERCARD

MasterCard has granted Calypso Canada Transaction Network Services company and ABM processor EMV approval as part of Canada’s drive to switch to secure EMV and Chip-certified technology. With less than 12 months until the deadline set by the Interac Association passes, owners, operators and deployers of automatic banking machine (ABM) estates across Canada are now furiously ensuring they can meet the imposed mandates. These mandates require at least 50% of non-deposit-taking ABMs upgraded by the end of the year. The MasterCard EMV approval for Calypso Canada’s PCI DSS certified ABM processing environment is the latest in a series of investments made by Calypso Canada, after the Interac Association had certified its EMV Chip platform.

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EPAY & PLAYSTATION

epay has partnered with Sony Computer Entertainment Europe (SCEE) to offer an end-to-end solution in handling its PlayStation Network (PSN) Cards across Australia. epay’s global network of approximately 237,000 retail locations and innovative payment solutions will help SCEE achieve its objective of enabling more consumers access to digital content available through PSN.
The PlayStation Network Cards are a simple way to add credit to a PSN wallet enabling access to an extensive library of content including: games, downloadable add-ons, movies and much more. Cards can be bought for cash at participating epay retailers where consumers receive a unique voucher code that can be redeemed online to purchase content for both PlayStation3 (PS3) and PSP(PlayStation Portable). The epay portfolio includes prepaid mobile top-up, prepaid debit cards, e-wallets, bill payment, gift cards, digital content, money transfer through its sister company RIA, lottery and transport payment solutions including road tolls and public transport. A full marketing and distribution service is available to support these products and services.

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