NBB PLATINUM

NBB (National Bank of Bahrain) has introduced its “Platinum Visa Card” to
offer cardholders special, exclusive privileges. The new “Platinum Card”
allows holders to create a unique design with features such as access to
over 500 premium international airport lounges world-wide through
Priority Pass membership, travel accident insurance of up to US$250,000,
discounts through international brands around the world and purchase
protection through automatic short-term insurance. The “NBB Platinum” card
also offers cardholders 24-hour emergency medical and legal advisory
service through its affiliates when traveling abroad.

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APACS RE-DO

The trade association for the cards industry in the U.K. is undergoing a makeover including a new name and an updated website. APACS has been
the umbrella name for the co-operative activity of banks, building
societies and card issuers on payments and payment systems since the
mid-80s, but over the next two months it will be moving away from the
use of the name APACS in favor of names that better describe the various
parts of the payments industry, such as the Payments Council, The UK
Cards Association and the different clearing companies. As a result, the
UK Cards Association was formed in April 2009 as the successor body to
the APACS Card Payments Group. The UK Cards Association is responsible
for formulating and implementing policy on non-competitive aspects of
card payments including codes of practice, card fraud prevention, major
infrastructural changes, development of standards and other matters
where cross-industry benefits are identified.

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Credit Karma Offers a Credit Report Card

The Credit Karma consumer advocate website has released its “Credit Report
Card” Web-based tool to provide clarity on the ins and outs of a
consumer credit score and how to actively improve credit health at
www.creditkarma.com/creditreport. “Credit Report Card” discloses
consumer credit card use, length of credit history, on time payment
history, number of accounts and the number of credit inquiries are the
most influential factors on credit health and allows patron members to
compare their personal credit performance to other Credit Karma members.
Credit Karma provides consumers free access to their credit score along
with a range of tools and informational resources to monitor and manage
credit.

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Discover Intros its 1st Co-Branded Charity Card

Discover has unveiled its first-ever co-branded charity card.
The new “Children’s Miracle Network Discover Card” enables users to earn
unlimited rewards on all purchases, including “2% Cashback Bonus” on
each donation they make to Children’s Miracle Network using their
co-branded Discover Card within the first year. Plus, they will earn 5%
“Cashback Bonus” all year long in such categories as travel, gas,
groceries, restaurants and more. In addition, cardholders are able to
donate all of their rewards back to Children’s Miracle Network if they
desire. In addition for every cardholder who makes $500 in purchases
within six months of being approved for the new card, Discover will make
a $100 donation to Children’s Miracle Network. Children’s Miracle
Network is an international non-profit organization that raises funds
for more than 170 children’s hospitals.

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CDA Provides Customer with Financial Control

Javelin Strategy & Research has released its data report, “The
Customer-Driven Architecture: Interactive Financial Services Technology
in the iPhone Era”, demonstrating customers most seek financial
institutions offering ultimate financial control through Customer-Driven
Architecture (CDA). The CDA framework is outlined in the report to show
institutions how to prioritize technology investments for interactive
monetary control through phones, hand-held devices, computers and retail
stores. Additional Javelin findings show 60% of online consumers log
into online banking every week, 20% of smart phone owners who use mobile
banking do so on a daily basis and always-on access constitutes a demand
for increased real-time solutions such as instantaneous bill/check
posting; real-time account information; embedded control options;
all-in-one financial dashboards; and integrated security.

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Triton to Deploy RKT in the US and Canada

Off-premise ATM provider Triton is deploying its Remote Key Transport
(RKT) solution in Canada and the United States this summer, allowing
distributors to save money loading keys remotely. Initially made
available to United Kingdom institutions in March, RKT will also be
available in Australia and South Africa before the end of the year. The
Triton RKT solution is supported by keypads on most Triton model ATMs,
provide improved security and improved ATM uptime since keys can be
changed at anytime remotely. MS-based Triton provides affordable ATM
service through its nearly 200,000 installations in over 24 countries
worldwide.

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MasterCard Stockholders Reelect Four Directors

At yesterday’s MasterCard “Annual Meeting of Stockholders,” Richard
Haythornthwaite, David Carlucci and Robert Selander were reelected as
“Class A Directors” with a term to expire in 2012. Steven Freiberg, EVP
of Citibank, was reelected as a “Class M Director” until 2012.
MasterCard’s Board also announced that the program to convert or
transfer of up to 11 million shares of “Class B” common stock into
“Class A” common stock has been closed. The Board also declared a cash
dividend of $0.15 per share, payable on August 10, 2009, to holders of
record of its “Class A” common stock and “Class B” common stock as of
July 10, 2009.

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One-Third of U.S. Physicians Do Not Take Cards

A new survey has found that 33% of U.S. physician offices do not accept
credit cards as a form of payment, a 5% increase since last year’s
survey. According to SK&A Information Services’ “Physician Office
Credit-Card Acceptance Survey,” the offices that accept credit cards
most often are those of plastic surgeons, with a 91% acceptance rate,
while pathology offices accept them the least, with a 21% acceptance
rate. Other specialties with high acceptance rates include Ophthalmology
(84%); Bariatrics (83%); Otolaryngology (83%); and Dermatology (81%).
Specialties with low acceptance rates include: Dialysis (27%); Geriatric
medicine (32%); Nuclear medicine (35%); and Critical-care medicine
(37%). Additionally, SK&A found that of those offices who accept credit
cards, 66% take either MasterCard or Visa. The least accepted credit
card at U.S. physician offices is American Express, at 27.7%.

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FINO-TATKAAL

Financial Information Network and Operations (FINO) has launched its
“Fino-Tatkaal” biometric authentication-based transaction remittance
services for its smart card solution to efficiently connect remitter and
beneficiary. Additionally, the service enables domestic and
International remittance using its own fast, safe, inexpensive delivery
channel currently available in Shivaji Nagar and Dharavi in Mumbai
through the Union Bank Of India. The “Fino-Tatkaal” convenience and cost
effectiveness has already made it popular among the migrant worker
community. FINO is available through 1200 locations in 16 states with
4000 Business Correspondent( Bandhu) in India. The FINO multi-bank
promoted company provides smart card based multi application solutions
to unbanked consumers in banking, microfinance, insurance and government.

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Advanta Terminates May 11th Cash Tender Offer

Advanta Bank Corp.has terminated its
previously announced cash tender offer for up to $1.4 billion of “Advanta
Business Card Master Trust’s Class A senior notes” made on May 11, 2009.
The Bank is terminating the ABS
Offer because it recently has been determined that a
regulatory condition to the tender offer will not be satisfied. The
tender offer consideration will not be paid or become payable to senior
note asset-backed holders who validly tendered their notes in connection
with this offer and all tendered notes will be
returned to the holders. As a result, the
Company will not be able to complete all of the components of the plan
it previously announced which together were intended to limit the
Company’s credit loss exposure and maximize its capital and its
liquidity measures. The Company expects the Bank to enter into an agreement
with its regulators in the near term about its operations.

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YAGOYASAN

For the integration of InComm technology, FUJITSU ADVANCED SOLUTIONS
LIMITED (FASOL) has launched its “YAGOYASAN” tool, which will streamline
operations for retailers carrying gift cards. InComm stored-value gift
and prepaid services network of 145,000 retail and sales locations
worldwide allow for the deployment of parameters in existing POS systems
and are linked to easy-to-use, low-cost, POS activation technology while
“YAGOYASAN” is scalable to retailers of all size throughout Japan.
Retailers implementing the new integration tool have no need for the
specialized knowledge of the ISO8583* standard, as developing a system
connecting to InComm’s advanced point-of-sale technology is fully
automated, while InComm processed nearly $8 billion in retail sales
transactions in 2008 through 145,000 retail locations.

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