ARTEMA MODULAR

Three of the major regional rail transit operators in Germany are now
using Hypercom’s “Artema Modular” unattended payment terminals with
GPRS. The Module accept both debit and credit cards and collectively
speed ticketing in more than 370 trains for over 200 million commuters
per year. The installation was recently completed at the key transit
hubs, for which Hypercom teamed with leading system integrators Atron
Electronic and ICA Traffic. “Artema Modular” was first introduced at the
end of 2005 and is currently deployed in Europe, the Middle East, Asia
Pacific and North America. Hypercom payment technology delivers a full
suite of high security, end-to-end electronic payment products and
services across more than 100 countries.

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Vital Cash Flow Cuts Restaurant Card Fees

FL-based Vital Cash Flow is unveiling its rebate program to help
restaurants with card fees. The new program rebates 50% of the fees a
restaurant pays to process Visa and MasterCard transactions and places
them into a co-op fund account. The account funds can then be used for
such Vital Cash Flow marketing services as search engine optimization,
blogs, social media marketing, public relations, media relations, online
audio & video marketing, and even promotional landing pages. In order to
qualify for the program, restaurants have to process a minimum of
$16,000 in Visa & MasterCard transactions monthly. Participating
restaurants receive a $250 co-op marketing fund bonus for every business
referred to join the program. Vital Cash Flow specializes in Business
Financing, Hotel Fundraising Programs, Co-op Marketing & PR Dollars for
Restaurants, and Cash Flow Management Solutions.

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SHAZAM EFT to Test Internet PIN Debit

SHAZAM electronic funds transfer services will be testing
Acculynk’s “PaySecure” Internet PIN debit service through a pilot
program. The program will allow SHAZAM financial institutions to
participate in testing Internet PIN debit technology and gauge consumer
acceptance of PIN-protected online debit card purchases. The “PaySecure”
software allows consumers to enter their PIN on a graphical PIN-pad at
the merchant checkout when conducting debit card purchases. The security
solution requires no additional hardware devices, passwords, enrollment,
or redirection to another website for payment. The SHAZAM EFT network
was founded in 1976 and provides EFT services to more than 1,500
community financial institutions in 30 states while Acculynk secures
online transactions with a suite of software-only services.

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THE WIRE

AirPlus International corporate travel payment solutions has released
its July edition of “The Wire…from AirPlus.” This Month’s features
corporate travel professionals weighing cost versus other criteria in
the selection of preferred suppliers, 76% of whom found cost and savings
criteria gained importance over the last six months. Amongst the 147
travel management professionals surveyed, cost ranked highest in
importance with the selection of airline, hotel and rental car supplier.
Cost ranked much lower in importance for selecting travel management
companies (TMCs) and payment solutions where data reporting was valued
as most important. “The Wire…from AirPlus” is a monthly report on the
pulse of the industry and its relevant topics while AirPlus
International provides savings to over 32,000 customers worldwide
through its business travel payment solutions.

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Fiserv to Offer Cell Phone Camera Deposits

A new technology is hitting the payments market that enables bank customers to deposit their personal or business checks using a cell phone camera. The technology supports the payments industry standards for “RDC” and is available on iPhone, as well as selected BlackBerry and Windows Mobile handsets. San Diego-based Mitek Systems signed an OEM agreement with Fiserv for Mitek’s “Mobile Deposit” application. When depositing a check, the consumer initiates a mobile banking session, keys in the deposit amount and snaps a photo of the front and back of the check. The software captures the check image and prepares it for
transmission to the bank. Before transmitting the check image, Mitek’s
“IMagePROVE” technology automatically corrects image distortions and skewing to confirm it meets accepted “Check 21” image quality standards.

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CUP DATA

China UnionPay Data Services (CUP Data) has signed five new long-term
bankcard processing agreements. The new agreements include credit card
processing contracts with Yaodu Credit Cooperative; Shandong Provincial
City Commercial Banks Alliance; Yunan Rural Credit Union; Guangxi Beibu
Gulf Bank; and a prepaid processing contract with KargoCard. CUP Data, a
joint venture between TSYS’ and China UnionPay, also won several major
domestic and international awards during the last six months. Three of
its systems were all recognized as “Most Excellent Software Products” by
the Shanghai Software Industry Association while its implementation for
Citibank won “Best Retail Payment Project Award 2009” from Asian Banker.
China UnionPay Data Services signed more than 60 credit-, debit- and
prepaid-processing client banks at year-end 2008.

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Triton Systems of Delaware Moves

ATM manufacturer Triton Systems of Delaware has moved its corporate
headquarters to the Long Beach Industrial Park. This development is
thanks to sizable investment in the production facility and was
facilitated by the consolidation of staff from two Triton locations in
Long Beach to the new building. This announcement is a follow up to
plans that have been progressing for a number of years. The headquarters
is in addition to company establishments in Canada; the United Kingdom;
China; Australia; and Memphis for training and repair. Established over
30 years ago, Triton ATMs can be found in 200,000 locations in over 24
countries, offering US-designed and assembled products in addition to
customer support, parts, service and training.

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Two of Ten Victimized by Card Fraud Globally

A new survey has found that 18% of consumers in eight technically
advanced countries have been victims of credit or debit card fraud over
the past five years. Regionally, 27% of respondents have been hit by
card fraud in the U.K. and U.S. during the same period. This compares to
eight percent in Germany and 15% in Australia, China and Singapore. The
ACI Worldwide report also discovered that almost half of respondents
said that they would change banks, or at least consider it, if they or
someone they knew was hit by card fraud. The least forgiving consumers
are in Dubai, Brazil and Singapore, where a third would change banks,
while respondents in the U.K. and U.S. appear more lenient as half of
all respondents suggest that it would depend on the service delivered by
their financial institution following the fraud.

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UBC Starts Shipping Free ECRs

United Bank Card has shipped the industry’s first electronic cash
register (ECR) with integrated credit card processing as part of its
free ECR program. The UBC free ECR program offers two different packages
for retail and restaurants. The restaurant package utilizes a “Casio TK
1550” electronic cash register while the retail system will include a
“Casio TE 1500,” both utilizing exclusive credit card technology for
completely integrated transaction processing. In conjunction with this
introduction, UBC has established a back office and deployment center to
support the systems with 24-hour customer service. This will allow
merchants to easily customize the keypad layout of their register
through the online wizard. UBC currently handles the merchant accounts
for over 100,000 locations and processes in excess of 9 billion dollars
annually.

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SERVERSIDE M-APP

Serverside customization technology and marketing specialist has
launched its financial card designer for mobile phones. This comes after
a successful trial on Nokia handsets with Dutch bank, ING, in
Amsterdam’s Schiphol airport. The mobile phone ‘app’ pilot supported a
financial card design competition
by encouraging participants to put their holiday photos on debit cards
with chances to win EUR1,000. This also allowed participants to
experience personalized cards for themselves and for Serverside to gauge
public acceptance. The mobile card design interface can generate ID
cards in-branch and enhance outdoor marketing events through assisting
new account generation. Around 40% of the world’s population uses mobile
phones and is expected to grow to 60% by 2011. This provides significant
opportunity for the banking world to introduce mobile product and
service offerings. Serverside offers more than 700 card programs through
its network of approximately 200 card issuers in 23 countries.

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JUNE LEI

The Conference Board Leading Economic Index (LEI) for the Euro Area
increased for the third month in a row by 1.5% while The Conference
Board Coincident Economic Index (CEI) decreased 0.2% in June. With the
June increase, The Conference Board LEI for the Euro Area now stands at
95.9 (2004 = 100), which increased 1.7% in May and increased 1.6% in
April, while the CEI now stands at 101.3 (2004 = 100), which decreased
0.3% in both May and April. The Conference Board LEI for the Euro Area
aggregates eight economic indicators that measure activity in the Euro
Area as a whole. Aggregating individual indicators into a composite
index filters out “noise” to show underlying trends more clearly.

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Home Depot to Accept MasterCard PayPass

Home improvement retailer The Home Depot is now accepting MaterCard
“PayPass”.
PayPass will be a new payment option at Home Depot’s 1,974 retail
locations across the United States.
As of Q1 2009, over 55 million PayPass-enabled cards or devices had been
issued, more than doubling the number of cards and devices in
circulation around the world in one year. In addition, according to
MasterCard research, 41% of consumers say they use cash less
often today than they did two years ago. Of the consumers who have a
PayPass-enabled card or device, 77% say they use it as their
primary form of payment. In fiscal 2008, The Home Depot had sales of
$71.3 billion.

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