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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YES BANK & FDC

YES BANK, a private sector bank and First Data electronic commerce payment
processing have reached an ATM deployment program MoU. Under the MoU,
the partnership seeks to jointly establish a widespread network of ATMs
across various cities in India, introducing “Convenience ATMs” to the
market and expanding the YES BANK footprint. In doing so, First Data
will leverage ATM capabilities to support YES BANK in identifying new
ATM locations, delivering installation and field management services
with 24×7 monitoring and vendor management, for which the pilot phase is
to begin August 2009 in Mumbai and Delhi. YES BANK currently has 117
fully operational branches and 93 offsite ATMs at 92 locations across
India while First Data securely processes transactions using data-driven
intelligence and insight for 5.3 million merchant locations and
thousands of card issuers in 37 countries.

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3Delta Systems Certified for AmEx CAPN

Payment solution provider 3Delta Systems has been certified to
process online merchant payment transactions via the American
Express Card Authorization and Processing Network.The processing
system will also support Corporate Card Line Item Detail, also
known as Level -3 data, to augment basic card transaction with
more detailed purchase information – such as item descriptions,
quantity, unit price, invoice numbers – which are critical for
many corporate buyers. These features are particularly important
for 3Delta Systems’ largest customers – business-to-business
(B2B) and business-to-government (B2G) credit card and
purchasing card (p-card) merchants and users. In addition to
American Express Direct, 3DSI’s payment gateway also connects
with other major merchant processor networks that can receive
Level-3 data, including Elavon, Fifth Third Processing
Solutions, First Data, Global Payments and TSYS Acquiring
Solutions.

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MC to Accelerate Debit Settlement Payments

MasterCard and Constantine Cannon, co-lead counsel for U.S. merchants in the “Visa Check/MasterMoney Antitrust Litigation,” have reached an agreement to accelerate payments to merchants. MasterCard has agreed to prepay the remaining payments agreed to in the “June 2003 Settlement Agreement” by making a single payment of $335 million in September 2009, in lieu of making the remaining four annual $100 million payments due through 2012. The agreement equates to a discount
rate of approximately 8% on an annual basis. In 2003, VISA agreed to pay $2.025 billion and MasterCard agreed to pay $1.025 billion over a ten year period. Constantine Cannon advised the court that it believes the deal will be more beneficial to “Class Members” than proceeding with the securitization of MasterCard’s remaining payment obligations.
(CF Library 6/17/03)

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NCCC & JDA

Philippines-based New City Commercial Corporation (NCCC) mall and retail
outlet developer is implementing the JDA Software Group “Merchandising
and Store Operations” solutions. Offering operational efficiencies to
maximize sales and satisfy consumer demand, “Merchandising and Store
Operations” will contribute to NCCC continued growth into different
retail businesses, which currently include bowling alleys, restaurants,
cinemas, pharmacy, hardware, a supermarket and a department store. JDA
Software Group drives business efficiency for its global customer base
of more than 5,800 retailers, manufacturers, wholesaler-distributors and
services industries companies through deep domain expertise and
innovative solutions.

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