NCR Ranks as Top Global Retail Supporter

A new Gartner report reveals NCR is ranked at the top for hardware
maintenance and support category in retail infrastructure support
based on worldwide revenues. Gartner also reported that NCR ranked
number 7 worldwide in financial
services infrastructure support, and number 10 worldwide across all
verticals in infrastructure support, for the same time period.
NCR has been ranked the number 10 global hardware maintenance and
support provider across all the industry segments.
The research places NCR in the number one slot as the global market
share leader in the retail trade segment and in the number 7 position in
the financial services industry. More than 175 service vendors were
evaluated for the latest report.

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ABA Reports Record Q1 Credit Card Delinquency

Credit card delinquencies, based on total dollars outstanding, rose to its highest level ever in the first quarter. Sequentially, delinquent dollars increased 108 basis points and based on the number of past-due credit card accounts rose 23 basis points. According to the American Bankers Association’s “Consumer Credit Delinquency Bulletin,” delinquencies based on total dollars outstanding for 1Q/09 were 6.60%, compared to 5.52% in the fourth quarter and 4.59% for 1Q/08. Based on the number of accounts past-due, the figures were 4.75% for 1Q/09, 4.52% for 4Q/08, and 4.51% one-year ago. The ABA also reported the following changes between the fourth quarter and the first quarter: Home equity loan delinquencies increased from 3.03% to 3.52%; property improvement loan delinquencies decreased from 1.75% to 1.46%; indirect auto loan delinquencies decreased from 3.53% to 3.42%; direct auto loan delinquencies increased from 2.03% to 3.01%; marine loan delinquencies decreased from 2.35% to 2.04%; RV loan delinquencies increased from 1.38% to 1.52%; mobile home loan delinquencies increased from 2.96% to 3.70%; and personal loan delinquencies increased from 2.88% to 3.47%.

1Q CREDIT CARD DELINQUENCY HISTORY
(based on total dollars outstanding)
2000: 3.94%
2001: 4.13%
2002: 4.50%
2003: 4.51%
2004: 4.65%
2005: 3.76%
2006: 3.44%
2007: 3.46%
2008: 4.59%
2009: 6.60%
Source: ABA Delinquency Bulletin

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Dippin’ Dots Picks CashStar for Cards

Interactive gift card provider CashStar has been selected by KY-based ice cream
retailer Dippin’ Dots to enable customers to order gift cards online.
CashStar will be responsible for the franchise’s gift card-related
offers and incentives and will provide analysis on sales and behavior.
Its virtual gift card
program makes Dippin’ Dots the first national ice cream franchise to
implement a completely Web-based gift card offering. The virtual gift
cards will be available on the company’s website (www.dippindots.com)
and can be purchased the same way plastic gift cards are ordered; only
the virtual gift card can be personalized with different images and text
and is delivered via an e-mail with a link to activate the gift.
Recipients can redeem the virtual gift card at participating Dippin’
Dots locations nationwide. Dippin’ Dots are sold in nearly 250
franchised retail locations in the United States and thousands of
entertainment venues and special events nationwide.

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Coinstar Kiosks Offer Rixty Payments

Alternative payment provider Rixty has launched its new cash-based
payment system at more than 10,000 retail locations and Coinstar
kiosks. By rolling out at more than 9,000 Coinstar kiosks in the US,
users enjoy the convenience of adding to their online accounts by simply
choosing the Rixty option when exchanging their coins for free at local
Coinstar machines. In addition to the Coinstar kiosks, users will also
have the option of buying prepaid cards through the in-store racks at
more than 1,000 retail locations, including Cumberland Farms and Hess
convenience stores. Rixty supports business models from
microtransactions to
subscriptions and is compatible with all types of online entertainment,
including downloadable games, virtual worlds, casual and social games on
social networks, digital downloads such as music mp3s, videos and games,
mobile games and ringtones. The cash-based system also empowers the
younger audience to take control of their entertainment spending without
requiring adult involvement or a bank account.

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Hypercom Europe Snags a First Data Exec

Hypercom has hired Peter Vesco, previously with First Data
International, as its Managing Director, Northern Europe.
Vesco is responsible for
directing and driving Hypercom’s business activities throughout the
region.At First Data International he served
for the past nearly two years as Regional President, Germany, Italy,
Austria and Switzerland, based in Bad Vilbel, Germany. Previously,
Vesco held Chief Operating Officer and Deputy Chief Executive Officer
positions with ATOS Worldline, based in Frankfurt. He holds a
Degree from Johann Wolfgang von Goethe University in Frankfurt, and a
Postgraduate Diploma in Management from University of Huddersfield in
the UK.

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CITI EXECS

Citi has appointed new regional leaders effective immediately, which
include Shengman Zhang as Chairman of Asia Pacific; Stephen Bird and
Shirish Apte as CEOs of Asia Pacific; and Bill Mills and Alberto Verme
as CEOs of EMEA. In his new role, Shengman Zhang will oversee expanding
relationships with clients, regulators, government officials and
employees across the region while Stephen Bird will manage performance,
strategy and execution operations in Northern Asia and Shirish Apte in
Southern Asia. Meanwhile, Mills will continue oversight in Western
Europe and Africa, Mr. Verme to manage business operations in
Central/Eastern Europe and the Middle East. Citi serves approximately
200 million customer accounts and does business in more than 140 countries.

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BARNES CPV

The Barnes International MasterCard Card Personalisation Test Module
(CPV module) has been qualified for MasterCard Worldwide to the latest
CPV Personalization Validation Tool (PVT) Requirements version 2.0.
Complementing the “CAT3000v3” and “CPT3000v3” “Personalization Validation Test Tools” for rigorous, comprehensive and rapid card validation, the
Barnes CPV module now qualifies as a Test Tool based on MasterCard
requirements and is available to users of the “CPT3000v3” and
“CAT3000v3” devices, allowing for card pre-validation to certification
using the same tests as employed by MasterCard Worldwide for “M/Chip”
and “PayPass” card testing for payment schemes, banks, card
manufacturers, personalization bureaus and test laboratories worldwide.
Barnes Chip Card Test Tools and Magnetic Stripe Analysers serve
Laboratories, Manufacturing and Bureaus for QC testing to ISO, EMV,
Amex, JCB, MasterCard, Visa, Discover, Interac and GSM specifications*
while MasterCard Worldwide global commerce processes approximately 21
billion transactions each year for consumers and businesses in more than
210 countries.

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DEXXIS & GEMALTO

InterSwitch secure payments has deployed the Gemalto “Dexxis Instant
Issuance” solution, and the corresponding computer software, to
accelerate chip migration for Nigerian payment acceptance. “Dexxis
Instant Issuance” allows for out on-the-spot personalization chip card
delivery through the Gemalto clients’ bank branches and is part of the
initiative for 25 InterSwitch member banks to replace nearly 30 million
magnetic stripe cards over the next few years. This offers banking
customers the opportunity to leave the branch with their card for
immediate use rather than having to wait an average of two weeks.
Gemalto digital security had 2008 annual revenues of EUR1.68 billion and
employs 10,000 through its 75 offices in 40 countries around the world.

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MasterCard and OptumHealth Bank Extend

MasterCard has signed an extension with OptumHealth Bank to issue MasterCards for health savings accounts.
The MasterCard will be issued for health savings accounts, flexible spending
accounts and health reimbursement arrangements, including the
accounts they manage for UnitedHealthcare members. The MasterCard cards can be used as
a form of payment, tied to these tax-advantaged accounts, for eligible medical
expenses, such as copayments, deductibles, prescriptions, vision care and certain
over-the-counter items. A recent MasterCard survey shows
physicians cite patient convenience, safety and security for their office, guaranteed
payment, and ease of recordkeeping as among the top benefits of payment card acceptance
OptumHealth Financial Services, a division of OptumHealth Inc., provides
tax-advantaged accounts for health care savings and spending, benefits
administration services, and integrated electronic claims settlement
solutions for health plans, third-party administrators and other payer groups.

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Western Union Expands its Gold Card Program

Western Union will add a reloadable Visa prepaid card to its “Gold Card” loyalty program. About eight million “Western Union Gold Card” members in the U.S. will be targeted for Visa card starting July 8th. The new Visa card also offers discounts on sending qualifying “Western Union Money Transfer” and “Quick Collect” transactions. Western Union recently launched an “Overnight Home Delivery” service pilot featuring the new “Western Union MoneyWise Visa” prepaid debit card.
According to a recent Western Union consumer survey one in four Americans say they are using cash more often than they have in the past; 88% say an important reason they use cash is to avoid high interest rates and fees charged by credit card companies; and 91% say it is important for them to use cash more often so they avoid building credit card debt.

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EURO M-PAYMENT

An MoU has been reached between GlobalPlatform international
specification body for smart card infrastructure and the Association
Europeenne Payez Mobile (AEPM) to align technical advances in mobile
payment services across Europe. Compliant with GlobalPlatform’s “UICC
Configuration,” AEPM develops specifications and facilitates trials to
promote and accelerate the deployment of contactless mobile payment. The
agreements between the organizations will initially focus on
developing required specifications to enable a user to select their
service, to ensure future technical advances made by the organizations
are aligned, will facilitate joint efforts to further detail
revolutionary mobile payment business models and encourage end-user
adoption. GlobalPlatform focuses on smart card infrastructure
development, having deployed an estimated 305.7 million smart cards and
two billion mid range USIM/SIM cards worldwide, while AEPM has been promoting Euro-deployment of mobile solutions since October of 2008.

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