ClairMail and Mitek Systems Team for M-Pay

Mobile banking solution provider ClairMail has inked a strategic
partnership with Mitek Systems
to integrate Mitek’s Mobile Deposit application into its
ClairMail’s mobile banking and payments platform. Through integration
with ClairMail’s platform, ClairMail and Mitek will
provide bank customers with a flexible, customizable, fully-integrated
solution, which combines the benefits of all three modes of mobile
banking — SMS, mobile web and ClairMail’s unique “Smart Client”
application — with remote deposit capture in one streamlined interface.
The ClairMail platform also delivers multi-level alerting capabilities,
which empowers users to conduct transactions, respond to or resolve
account activity and now provides users with account details after the
check submission process all within the mobile channel. Mitek’s “Mobile
Deposit” supports the payments industry standards for
Remote Deposit Capture (RDC), and extends mobile deposit capabilities to
millions of consumers who use cell phones equipped with a camera.

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UNICARTE & FREESTAR

Rahaxi subsidiary, Freestar Dominicana, has entered into a partnership
agreement with UniCarte of UNIBANK Haiti. Based on a 50/50
profit-sharing agreement on the sales of electronic pins and
recharge/top-up transactions for telecommunication companies in Haiti,
such as Digicel, Comcell, and Haititel, the partnership is to focus on
loading the prepaid application on to terminals. To date, 600 terminals
have been loaded, with projections the application will be loaded to an
additional 2000 terminals in the coming months. The partnership allows
UniCarte access to a prepaid platform that includes industry-leading
guidelines, the highest product standards, a secure environment, and an
enhanced technology infrastructure that provides UniCarte with
substantial flexibility to develop value added applications and services
for its merchants.

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Tango Card Introduces Automated Updates

Tango Card has expanded its service to now offer automated real-time gift card balance updates for most popular retailers. From their accounts, members click “update balances” and watch their card balances update in seconds. Additionally, members can now click “view charts” to see their gift card information presented graphically. This visual dashboard is intended to help members actively manage and use their card value. Finally, members can now click directly to retailer Web sites from their Tango Card account to buy the products and services they want. The new functionality from Tango Card coincides with an important time in the industry.

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OTI MAGNA

On Track Innovations contactless microprocessor-based smart card solutions announced it has signed a contract for the supply, transfer, maintenance and operation of an electronic identification related product based on OTI’s Magna platform. Teaming with a reputable system integrator that will be responsible for project management and local operation in the country, the partnership is to provide for an initial three-year period and minimum guaranteed amount of $17 million, starting in 2010. Supplying its end-to-end solution, based on its proprietary state-of-the-art ID Registry Magna platform, OTI’s system will be deployed nationwide to provide advanced software for ID management, supporting both online and offline communication for homeland security, payments, petroleum payments, eID Systems and other applications.

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3 Point Jump in Economic Sentiment Says Recession Over

Increasingly positive media coverage of consumer spending contributed to a significant rise in the Dow Jones Economic Sentiment Indicator (ESI) from 36.9 in October to 38.3 in November. The ESI has risen 11 out of 12 months since its low of 22.2 in November 2008, confirming the consensus among economists the U.S. recession ended sometime early in the summer. Consumer confidence is an important factor that is improving as the holiday season approaches. In November 2008 gloomy shopping-related articles outweighed positive ones by three to one, helping drive the ESI down to its lowest ever level of 22.2. This November the balance is much more equal, indicating a healthier economic outlook and pushing the indicator back to levels not seen since the collapse of Lehman Brothers.

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EASYCASH & INGENICO

Ingenico has completed the 100% acquisition of the German payment services provider, the easycash group. This allows Ingenico to accelerate its strategic development in the payment solutions and to offer a comprehensive range of solutions around POS terminals. Leveraging on the growth of payment, the Company can also actively work on easycash’s integration and implementation of synergies, combined with the easycash know-how and competences in payment services to its global geographical presence. Ingenico payment solutions currently has deployed over 15 million terminals deployed in more than 125 countries and employs 2,500 worldwide.

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Viejas Casino to Offer Gift Card for Gaming and Shopping

Viejas Casino has launched the “Viejas Gift Card” which can be used for gaming, shopping, dining at the Casino and the Viejas Outlet Center. The Viejas Gift Cards, sold in a variety of denominations, can be purchased at the Viejas Casino, Viejas Outlet Center management office, or online at www.viejas.com. Viejas Casino has been voted San Diego’s “Best Casino”
ten years in a row and offers thousands of slots, over 80 table games, bingo, off-track wagering and six restaurants.

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Veritec Inks MOU With Cities in Touch for Mobile Banking

Mobile banking debit card solution provider Veritec announced that its subsidiary, Veritec Financial Systems has entered into an MOU with AK-based Cities to integrate VTFS’ mobile banking software platform with CIT’s ATM and debit card issuing kiosk systems.
VTFS markets and sells prepaid card programs and provides back-end prepaid card processing services on behalf of Security First Bank to card sponsoring organizations. VTFS markets its prepaid card programs under its MTC and Blinx On-Off brands. In addition to serving as an ATM machine, CIT’s kiosk systems enable consumers to securely cash checks, pay bills, transfer money and obtain pay day loans. By integrating VTFS’ and CIT’s respective systems, consumers will benefit by being issued secure reloadable debit cards that may be used at most ATM machines and when making retail purchases. VTFS’ debit cards are more secure than cash in that consumers will be able to turn their debit cards “on” and “off” with their mobile phones.

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Giftcard.com Rolls Out Fee Free Personalized Giftcards

Giftcard.com is now offering personalized no-fee giftcards.
Giftcard.com’s website allows customers to upload a photo and get it placed on a Visa gift card. Pictures of dogs, kids and special occasions make the gift cards something special. In addition, GiftCards.com also offers a greeting card that can be customized and sent with the gift card.
These new cards have no monthly maintenance fees, no transaction fees, no card replacement fees and no expiration fees. GiftCards.com currently services thousands of corporations for their gift card needs including 25% of the Fortune 1,000.

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G&D Acquires Nokia’s Shares in Venyon

Giesecke & Devrient (G&D) and Nokia announced G&D has become the sole shareholder in Venyon Oy by acquiring the shares held by Nokia. G&D estimates that the demand for NFC services is increasing worldwide and the combination with Venyon industry-leading expertise and position in the SIM and secure applications market positions the partnership well to provide TSM services to banks, transit operators, mobile network operators and other stakeholders planning to commercialize their NFC services. Venyon has established itself in 2006 as one of the leading trusted service managers (TSM) on the mobile NFC market, providing services to provision and manage applications such as credit cards or transit tickets securely over the mobile network.

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195 Million Shoppers Put Retailers in the Black

Over the Black Friday weekend, 195 million shoppers visited stores and websites, up
from 172 million last year, while the average spending over the weekend dropped to $343.31 per person from $372.57 a year ago. This, according to a National Retail Federation survey conducted by BIGresearch over the Black Friday weekend, confirms more people spent less with total spending having reached an estimated $41.2 billion. Among the shoppers, 49.4% visited at least one department store, a 12.9% increase from last year, 43.2% of holiday shoppers headed to discount stores over the weekend and another 7.8% heading to outlet stores. Shoppers also visited electronics stores (29.0%), clothing stores (22.9%), and grocery stores (19.6%) while 28.5% were shopping online.

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Resource One CU Deploys TNB Card Services

TX-based Resource One Credit Union has selected TNB Card Services as its electronic payments processing partner. The $300 million credit union will move its PIN and signature debit card processing to TNB, as well as tap TNB’s payments experts to develop a new credit card program for its members. For first-time cardholders, a “My Life My Money” branded card will be created, which will add to the credit union’s product portfolio targeting members in the 18-to-34 age range. A Resource One branded credit card will also be developed for the credit union’s general membership, plus an Executive Suite card targeting business members. Resource One will move more than 40,000 debit cards to TNB’s processing platform in order to improve processing efficiency, increase revenue, and mitigate risk. Resource One will also leverage TNB’s instant issuing capabilities to eliminate the need for cardholders to wait for their plastics.

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