OBERTHUR

Oberthur has been working with its German customers on investigating and fixing issues surrounding cardholders’ inability to conduct payment transactions at ATMs and POS terminals following the onset of 2010. In doing so, Oberthur and the German banks have collectively determined are no longer impacted and now functioning normally. At this stage, according to Zentraler Kreditausschuss – the German Central Credit Committee –acceptance of the concerned cards by the ATMs and POS terminals is completely re-established. Oberthur Technologies had 2008 annual revenues of EUR882MM.

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Affinion Acquires Italian Marketing Company

Affinion Group customer engagement solutions have acquired an Italian
relationship marketing solutions company from a leading Italian banking
group under undisclosed terms. The acquired company manages marketing
solutions to increase loyalty and broaden the customer base of the
banking group’s checking account business. Affinion’s acquisition
launches a long-term strategic partnership with the banking group to
deliver an extensive portfolio of personalized, high value products and
services to its customers. With more than 35 years’ experience, Affinion
Group enhances the value of its partners’ customer relationships by
developing and marketing loyalty solutions with approximately 3,550
employees throughout the United States and 12 other countries.

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MONTISE AMERICAS

Throughout 2009, Monitise Americas mobile banking and payments provider firmly established itself as a leader in the mobile financial services market. In doing so, the payments provider, along with its U.K.-based partner, Monitise, partnered with over 200 U.S. financial institution partners for “Mobile Money services”; Registered one million customers in the United Kingdom and the United States; Achieved 200% quarter-on-quarter end-user growth rate; Allowed for over 2,000 different types of mobile phone handsets to support “Mobile Money services”; Launched the U.S. Mobile Money iPhone App; Achieved PCI certification; and signed a Global Alliance Agreement to supply its Mobile Money Manager platform to Visa for 1.7 billion card-holders. Monitise Americas is a joint venture between FIS, one of the world’s largest providers of banking and payments technology to financial institutions and businesses worldwide, and Monitise mobile banking and payments technology.

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OPTIMUM L4150

The Hypercom “L4150” multilane payment terminal and “L4150 Secure
Keypad” have both achieved PCI PTS 2.1 approval. With both terminals
slated for exhibition at the National Retail Federation 99th Annual
Convention and Expo, January 10-13 in New York City, these developments
follow Hypercom’s receipt of the Sesame Award for the innovation of its
“HyperSafe Remote Key System”(HRKS). Hypercom’s solutions focus on the
high security electronic transaction needs of banks and other financial
institutions, processors, large scale retailers, smaller merchants,
quick service restaurants, and users in the transportation, petroleum,
healthcare, prepaid, unattended and many other markets in more than 100
countries.

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VeriFone Acquires Clear Channel Taxi Media

E-payment solution provider VeriFone Holdings has acquired the Clear Channel Taxi Media business
from Clear Channel Outdoor. VeriFone intends to leverage this well-developed channel into VeriFone’s
Media Solutions payment-enabled business, where in-taxi digital content
is positioned to become one of the most innovative advertising venues as
spending moves from traditional to online and digital place-based media.
The acquisition includes relationships with a nationwide network of taxi
media buyers and more than 20 experienced media sales representatives.
With the acquisition, VeriFone has added an additional 5,000 taxicab
advertising endpoints to its existing New York City network of 6,500 cabs. Financial terms were not disclosed.

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VERIFONE TAXI POS

VeriFone Holdings has signed licensing agreements for deployment of its taxi payment and media solutions in South Africa with iMobilise Transportation Systems (iMTS) to modernize taxis. iMTS anticipates installation of VeriFone systems in 1,500 taxis in the urban centers of Johannesburg, Durban and Cape Town to begin this spring. Offering passengers the latest in information technology with such payment options as credit cards, Chip and PIN-based debit, and contactless, the VeriFone taxi payment and information systems ensure the convenience of card payments. The solution also offers real-time media delivery that provides advertisers with a compelling new venue for digital content. VeriFone Transportation Systems additionally offers mobile payment, navigation, dispatch, text messaging, and real-time information delivery capabilities to taxi fleets.

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Hypercom Optimum Achieves PCI PTS 2.1 Approval

The Hypercom “L4150” multilane payment terminal and “L4150 Secure
Keypad” have both achieved PCI PTS 2.1 approval. With both terminals
slated for exhibition at the National Retail Federation 99th Annual
Convention and Expo, January 10-13 in New York City, these developments
follow Hypercom’s receipt of the Sesame Award for the innovation of its
“HyperSafe Remote Key System”(HRKS). Hypercom’s solutions focus on the
high security electronic transaction needs of banks and other financial
institutions, processors, large scale retailers, smaller merchants,
quick service restaurants, and users in the transportation, petroleum,
healthcare, prepaid, unattended and many other markets in more than 100
countries.

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ASSURE PROCESSING

CT-Payment electronic payment processing has acquired the Assure Pay Debit and Credit Card processing business from TELUS Corporation. Offering custom payment solutions across a wide range of communication protocols, Assure supports transactions from all major credit cards, private-label, travel, entertainment and fleet cards. With the acquisition, CT-Payment transactional volume will excess 110 million transactions annually, serving government’s agencies, large merchants, telecommunication companies, service companies and retailers. The acquiring Company will also immediately interface its newly acquired platform to its current payment solution. The acquisition will be conducted through a set of managed service agreements ensuring a seamless transition for the application development, maintenance, support and client care functions.

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ABA Reports Credit Card Delinquencies Soar in Q3

Credit card delinquencies, based on total dollars outstanding, rose for the third consecutive quarter, rising 195 basis points in 3Q/09 compared to one-year ago. Sequentially, delinquent dollars increased 11 basis points. According to the American Bankers Association’s “Consumer Credit Delinquency Bulletin,” delinquencies based on total dollars outstanding for 3Q/09 were 6.69%, compared to 6.58% in the second quarter and 4.74% for 3Q/08. Based on the number of accounts past-due, the figures were 4.77% for 3Q/09, 5.01% for 2Q/09, and 4.20% one-year ago.

3Q CREDIT CARD DELINQUENCY HISTORY
(based on total dollars outstanding)
1980: 3.40%
1985: 3.15%
1990: 4.01%
1995: 4.21%
2000: 3.93%
2005: 3.74%
2006: 3.50%
2007: 4.00%
2008: 4.74%
2009: 6.69%
Source: ABA Delinquency Bulletin

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AVE INVESTMENTS pcCashdrawer deploys “posPortable”

pcCashdrawer brand provider AVE INVESTMENTS has rolled out “posPortable”
POSmicro computer with embedded Intel Atom processor.
Retailers can now place their POS systems in high traffic locations and
move them around as needed. The handle makes it easy to carry the 40
pound unit and the secure cover keeps the components, power bricks, and
cables protected and together, ready for the next deployment. Retailers
can also rent the posPortable units under a Hardware as a
Service annual contract. The $1299.00 pcCashdrawer includes Intel®
Atom™ POSmicro computer inside a steel pcCashdrawer chassis
1.6 GHz Processor with up to 2 Gigabyte RAM max, 160 GB Hard Drive or
Solid State Drive,12 Inch Flat Panel Monitor, Epson Compatible Printer,
POS Keyboard with MSR with a bundled size: 18” W x 20” D x 12” H Weight:
40 lbs and a 3 year overnight replacement warranty.

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BBVA Compass Launches”Bama Banking” for Alabama U

BBVA Compass is offering University of Alabama students, fans and alumni”Bama Banking”
for “Build-to-Order Free Checking” account customers that offers Crimson
Tide-branded check card and checks. Customers interested in signing up for Bama® Banking go to
www.bbvacompass.com/bama. Once there, customers with a Build-to-Order Free
Checking® account can select Crimson Tide branded images for their check cards. Customers receive one free personalized check card with every consumer
“Build-to-Order Free Checking” account and three free personalized check cards with “Business Build-to-Order Free Checking” accounts. Additional personalized check cards on either type of account may be purchased for a $10.00 fee.

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