GLOBAL FUEL DISPENSER

Dresser Wayne vehicle energy dispensing technologies has received PAN
Nordic Card Association Unattended Payment Terminal (UPT) approval of
the iX Pay Secure Payment solution on the “Global Star” and “Global
Ovation iX” fuel dispensers. The fuel dispensers include the Dresser
Wayne secure key pad with PCI version 2.0 Encrypting PIN Pad (EPP) and
allows fuel retailers to more aptly protect their businesses and
customers from card fraud. The PAN Nordic Card Association supports
banks and card issuers with standards and best practices that address
unique regional needs, building on the fundamentals of the globally
recognized PIN Transaction Security (PTS) standards administered by the
PCI Security Standards Council (SSC).

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Demand for Near Prime Credit Reports Surges

CL Verify Credit Solutions real time credit bureau anticipates issuing
more than 50 million consumer reports to subscribing lenders and other
qualified clients by the end of 2009, representing an unprecedented
increase in the rate of demand year over year for the Company’s
proprietary credit information. More than 20 million new loan inquiry
and performance records are added to the file each year. Other CL Verify
subsidiaries also demonstrate substantial progress in 2009, such as the
CL Verify Processing Solutions with the ability to help a variety of
industries better manage customer acquisition.

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HOLIDAY THEFT

To help merchants prevent thieves from stealing banking information from
their customers, Halo Metrics is recommending merchants understand how
PIN Pad theft happens. Initially, they tamper with Pin pad terminals to
download banking information and create counterfeit debit cards, which
can also be done wirelessly. Merchants are also cautioned to identify
their risk level by visiting www.halometrics.com/pinpad and answering
the 29 multiple choice questions. Halo also warns businesses to be
proactive by giving staff a communication channel to report any criminal
pressure; doing background checks on new employees; and using security
cameras.

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December 15th Becomes Green Tuesday in 2009

E-commerce holiday sales peaked on Tuesday, December 15th. Total e-sales of $913 million set an individual day spending record, the first such day to surpass the $900 million threshold. According to the Chase Paymentech “Cyber Holiday Pulse Index” peak sales of $339.5 million hit on the following day, but not significantly higher. Chase Paymentech processes over half of all Internet payment transactions. comScore reported for the holiday season-to-date, $24.8 billion has been spent online, marking a 4% increase versus the corresponding days last year. The most recent week began on a slightly disappointing note, with sales of $854 million on “Green Monday,” December 14th, down 1% versus year ago, but was followed by three strong spending days that each surpassed $800 million.

CYBER SALES
12/11: $254.6 million
12/12: $184.3 million
12/13: $144.8 million
12/14: $229.1 million
12/15: $337.1 million
12/16: $339.5 million
12/17: $288.5 million
Source: Chase Paymentech

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SMARTFOCUS & GROUP ID

smartFOCUS multi-channel marketing software has signed a partner
agreement with Paris-based Initiatives & Developpements (Group ID)
global loyalty marketing specialist. With these agreements, Group ID
will integrate, operate and resell the full smartFOCUS Intelligent
Marketing software suite as part of its loyalty management solution to
its European customers and prospects. Group ID is an expert in the
development of consumer loyalty management solutions and customer
relationship management (CRM) programs. The company designs, creates and
executes loyalty and CRM initiatives for some of the leading companies
across Europe, including Carte Bleue VISA, l’Oreal, Microsoft, British
Telecom and Havas Voyages, bringing together purchasers, communities and
partners through its technology, consultancy and processes.

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ID Watchdog Partners with InComm Prepaid

Consumer identity protection service ID Watchdog has partnered with prepaid provider InComm.
Plans for the partnership include the mass distribution to the retail industry of the first and only identity theft service offered on a stored value card. ID Watchdog’s retail product, the “IDCheck,” utilizes ID Watchdog’s patent-pending technology to immediately identify whether a consumer has a pre-existing identity theft condition, and outlines recommended next steps based on the report. InComm will work with retailers to offer ID Watchdog’s new IDCheck at a low price point, with special offers to upgrade consumers to its flagship monthly monitoring service.

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Heartland Payment Settles Consumer Lawsuits

Heartland Payment Systems has entered into an agreement to settle
consumer cardholder class actions from the criminal breach of its
payment system announced on January 20, 2009. Terms stipulate Heartland
will pay a minimum of $1 million and up to a maximum of $2.4 million to
class members who submit valid claims for losses as a result of the
intrusion, resolving all actions and proceedings against Heartland in
relation to the intrusion by all persons concerned between December 6,
2007 and December 31, 2008. Heartland will also pay all costs associated
with the administration of the settlement, including up to $1.5 million
for the cost of notice to the settling class, and pay up to $760,000 of
the attorneys’ fees and costs. The settlement is subject to court
approval and other terms. Last week, Heartland Payment Systems has
agreed to pay American Express $3.6 million related to the 2008 criminal
data breach. (CF Library 12/18/09)

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First Real Gold Card is Set to Launch

The “Gold Bullion Credit Card” is being introduced. It is the first Visa or MasterCard to be backed by gold bullion or gold bullion coins. It is a product of Gold Solutions Marketing and TransMedia. TransMedia will publicize how gold coins and bullion held as collateral for accounts will be stored at Delaware Depository Service Company, where deposits are insured by Lloyds of London. TransMedia will also incorporate CardWorks into their campaigns as the entity responsible for customer service, including registration, customer contact and all pertinent servicing for the portfolio. Gold Solutions is finalizing the issuing bank selection and launch dates.

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BNY Mellon to Integrate MasterCard Payment Gateway

BNY Mellon Treasury Services and MasterCard Worldwide have announced that BNY Mellon will be integrating the “MasterCard Payment
Gateway” into its suite of payment solutions for corporate clients. Complementing the ACH, wire transfer and check payment services already
available, BNY Mellon will utilize the MasterCardBNY Mellon Treasury Services and MasterCard Worldwide have announced that BNY Mellon will be integrating the “MasterCard Payment
Gateway” into its suite of payment solutions for corporate clients. Complementing the ACH, wire transfer and check payment services already
available, BNY Mellon will utilize the MasterCard
Payment Gateway as an electronic B-to-B payments network connecting
clients with their suppliers. The MasterCard Payment Gateway will enable
BNY Mellon to expand how it addresses its corporate customers’ needs
across a broad set of spend categories and large value payments.
Integration of the Gateway is scheduled for completion by the end of
this year. First introduced in October 2007, the MasterCard Payment Gateway is a
flexible enterprise-wide payment processing platform for routing
commercial payments between buyers, suppliers and their financial
institutions. Providing a comprehensive, end-to-end, modular solution
that offers several key features, including buyer-initiated P-Card
straight through processing, the platform significantly enhances
security and control for financial institutions and their corporate
customers. Other features include single interface (“one stop shop”) for
all payment processing needs for both buyers and suppliers; user
interface/Web portal for payment status and reporting; end-user
integration (with current ERP/AP systems) for buyers; and remittance
information regardless of payment type for suppliers.

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Vesta Corporation Deploys NetSpend Online Reloading

OR-based e-payment provider Vesta Corporation has rolled a new online reloading service for NetSpend’s prepaid cards.Vesta’s program includes an innovative gifting feature that allows a customer to invite friends and family to contribute to a prepaid
account. Invitations are delivered by email and include a link to begin
the reload process. If desired, contributors can set up an account to
expedite future reloads, further simplifying these person-to-person
payments. Vesta’s technology includes proprietary account verification and risk
management practices that enable the provider to fully fraud-indemnify
NetSpend from any costs resulting from fraudulent transactions. In
addition, Vesta brings full PCI Data Security Standard (PCI
DSS)-compliant payment processing to Web reloads. NetSpend cardholders can now add up to $250 to their prepaid debit cards
from any bank debit card. Unlike other online reload services, new funds
are added in real-time to the cardholder’s account, making funds
immediately available.

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RMS Accounts Receivable Recertified as PCI Compliant

PA-based B2B accounts receivable management provider RMS has been recertified as a PCI Compliant service provider for Visa and MasterCard.The recertification covers not only RMS’ headquarters facility in
Bethlehem PA, but also their data center in Leonia NJ and 3 satellite
offices located in Tucson AZ, Pueblo CO, and Gurgaon, India. The PCI DSS
is a multifaceted
security standard that includes requirements for security management,
policies, procedures, network architecture, software design and other
critical protective measures. The credit card providers have
collectively adopted PCI DSS as the requirement for all organizations
that process, store or transmit payment cardholder data.

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Mformation Appoints New CEO

Mobile technology management provider Mformation Technologies has
tapped Todd DeLaughter, previously CEO at Opalis Software, as its new
Chief Executive Officer. DeLaughter will use his more than 24 years of software, IT and telecommunications experience to expand the company’s leadership position in the rapidly growing device management marketplace. He comes to Mformation with a proven track record of defining and delivering complex software products worldwide for the IT and telecommunications industries. He was most recently president and CEO of Opalis Software, an independent IT Process Automation company. His career also includes over 20 years at HP and Compaq in a wide range of executive, engineering, marketing and product management roles in North America and Europe, including leading HP’s OpenView Business Unit.

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