BankServ Acquires Commerciant Assets

E-payment provider BankServ has acquired the assets of TX-based mobile
handheld payment processor Commerciant. Commerciant’s “Mobilescape”
wireless payment system can execute credit
card and check transactions anyplace in the U.S. where a wireless phone
signal is available. “Mobilescape” technology is deployed in a variety of
markets, including airlines, ground transportation, residential repair
services, food services and mobile merchants. BankServ has been
developing and delivering electronic
payments technology for financial institutions across the globe,
including systems for Fedwire, SWIFT, person-to-person payments and
Check 21.

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OBERTHUR FLYBUY

Contactless payment technology provider Oberthur partnered with
Mastercard to develop the “FlyBuy”
contactless sticker. The “FlyBuy Sticker” is a contactless payment
device that can be attached to any surface including a mobile phone,
PDA, MP3 player or key ring, allowing the end user to choose their very
own personalized payment device. To pay, the user simply needs to place
the device with the “Sticker” attached in front of the contactless
reader. It can be used as a normal payment card at any Point-of-Sale
terminal accepting contactless. The “FlyBuy Sticker” is designed to work
with existing business models, and can be personalized on any standard
contactless equipment. It upgrades products already in
circulation and provides a cost-effective solution to assist issuers in
increasing market share for low-value payment transactions.

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Diebold Pays a SEC Fine as Profits Decline

Diebold reported that its revenue for the ATM unit increased 1% in the first quarter to $498.8 million. The Company also paid $25 million settlement with the SEC. Diebold says it has solid market demand in AP, Latin America, including Brazil, and within the national bank segment in the U.S. Total product and services orders for financial self-service and security were down in the mid single-digit range compared to the prior-year period. Global financial self-service orders decreased in the mid single-digit range, driven by a decrease in excess of 40% in EMEA. Financial self-service orders in AP increased in excess of 30%, while orders increased in the mid single-digit range in the Americas. Security orders decreased in the mid-teens as new bank branch construction and retail store openings remain weak in the U.S. For complete details on Diebold’s latest performance visit CardData ([www.carddata.com](http://www.carddata.com)).

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GEMALTO HEALTH CARDS

Gemalto has been appointed by Gabon’s “Caisse Nationale d’Assurance Maladie
et de Garantie Sociale (CNAMGS)” as prime contractor for its electronic
health card program. Gemalto is supplying a solution that includes
cards, its Allynis Issuance operated personalization services and an ID
verification system. This initiative demonstrates the will of Gabon’s
government to extend
health services to all citizens and conduct swift modernization of the
health insurance system. President El Hadj Omar Bongo Ondimba launched
the program on December 19, 2008, officially handing over the first
health cards. These can be used in hospitals, pharmacies and health
centers, to check patient entitlement while ensuring confidentiality of
personal data. This health card, the size of a credit card, carries the
beneficiary’s identification number, civil status information,
photograph and fingerprints.Gemalto works in cooperation with Stimplus
and Zetes, who act as sub-contractors for the enrolment solution.
Stimplus is a French provider of IT equipment and services for
businesses. Zetes is a Belgian auto-ID solutions provider. A pilot
project aimed at the most disadvantaged citizens is currently running in
each of the
provinces’ administrative city, before being extended to the entire
population over 2009-2010.

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PaychekPLUS! and Western Union Team

FL-based FSV Payment Systems has integrated its
“PaychekPLUS!” Payroll Card reloading capability with
Western Union Agents.Consumers who wish to add funds to their FSV
PaychekPLUS! Payroll Card
can simply visit any participating Western Union Agent location,
complete some basic information and present their card to the agent with
their cash plus a $3.95 service fee. Funds are then available for use by
cardholders within a matter of minutes.

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Jack Henry First Quarter Profits Sink 9%

Jack Henry & Associates announced a 4% decrease in revenue, a 9%
decrease in gross profit, a 7% decrease in income from continuing
operations and a 7% decrease in net income compared to the year ago
quarter. For the quarter ended March 31st, the company generated total
revenue of $180.4 million compared to $187.5 million in the same quarter
a year ago. Gross profit decreased to $70.2 million compared to $77.0
million in the year ago quarter. Income from continuing operations
decreased to $24.8 million from $26.8 million a year ago. Net income
totaled $24.8 million, compared to $26.6 million for 1Q/08. The Company
says during the quarter it saw some slowing in the growth of its
electronic payments business which appears to be tied directly to
consumer spending related to a couple of its payment offerings. For
complete details on Jack Henry’s latest performance visit CardData
([www.carddata.com](http://www.carddata.com)).

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Global Axcess Revenues Slip Slightly in Q1

ATM specialist Global Axcess reported revenues from continuing operations of $5.4 million for the first quarter, slightly down from the reported revenues of approximately $5.5 million for the same period of 2008. The Company recorded net income for the first quarter of $96,800, which compares to net income of $112,200 for the same period of
2008. Through its wholly owned subsidiary, Nationwide Money Services, the Company provides turnkey ATM management solutions that include cash, project and account management services. NMS currently owns, manages or operates approximately 4,300 ATMs in its national network spanning 44 states. For complete details on Global Axcess’ performance visit CardData ([www.carddata.com](http://www.carddata.com)).

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GALITT & GLOBAL PLATFORM

Card systems and secure electronic transactions specialist
GALITT has joined GlobalPlatform as an “Observer Member” to
gain an insight into the organization’s compliance program activity.
GALITT representatives will have a voice in the association’s Advisory Council
meetings, providing the company with an opportunity to influence the
direction of GlobalPlatform initiatives, and network with the smart card
business and technical community to discuss the latest industry issues
and trends. Additionally, GALITT will be able to play an active role in
the organization’s Mobile Task Force. Formed as a result of a merger between KaSYS, COGESYS and CARD.de,
GALITT has extensive experience in testing GlobalPlatform cards through
its work with the US Department of Defense on a test platform for its
Common Access Card. By becoming a GlobalPlatform member, GALITT
identifies that it will be in a strong position to support a range of
worldwide implementations based on GlobalPlatform technology.

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PAYZONE SERVICES

Consumer cash distribution network Payzone has signed contracts with
a number of Councils and Housing Associations to extend
their bill payment collection service to the Payzone network.
Almost 2000 retailers, located in Birmingham, Cannock, Dacorum,
Hounslow, Leeds, Luton and Yorkshire will now be able accept payments.
Last year, over 500,000 payments in total were collected by these
councils, offering opportunities for added footfall and increased
commission for retailers. Payzone offers a wide range of services
including pre-paid mobile
phone top-ups, energy pre-payments, bill payments, pre-paid Visa
vouchers, local and housing authority payments, pre-paid Visa and
MasterCard payment cards, payment vouchers for on-line shopping, gift
card and loyalty programmes, transport ticketing, lottery games, parking
and electronic road tolling, debit and credit card acceptance,
contactless payment solutions and world-wide money transfer services.

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AmEx OPEN and SCORE Team for Small Business

American Express “OPEN” and “SCORE” announced the 2009 schedule for the “Small Business Speed Coaching Test Drive.” The multi-city tour is designed to help small business owners develop strategies to weather the current economic downturn and provide them with educational and mentorship programs to help identify new opportunities for business growth. Originally launched in 2007, the “Small Business Speed Coaching” series offers small business owners exclusive, 30-minute, one-on-one evaluation sessions with experienced business mentors from “SCORE.”
In addition to meeting with a “SCORE” mentor at the event, attendees will learn about local “SCORE” resources and they can continue mentoring sessions in the future. Registration is free and available on a first-come, first-serve basis.

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Bankruptcy Filings Continue a Strong Pace

The number of U.S. consumer bankruptcy filings in April topped 125,000,
rising 36% from one-year ago and 3.5% sequentially. The increase is
running slightly ahead of the widely held projections of a 35% gain for
2009. According to the American Bankruptcy Institute and the National
Bankruptcy Research, consumer filings totaled 125,618 in April. Chapter
13 filings constituted 26% of all consumer cases in April, slightly
above March. According to the Administrative Office of the U.S. Courts
bankruptcy filings jumped 34% in the third quarter compared to the year
ago period, and increased 5% sequentially. According to CardData
(www.carddata.com) there were 290,000 filings in the fourth quarter. In
a recent American Bankruptcy Institute poll, 65% of respondents
predicted that bankruptcies in 2009 would increase by at least 35% over
the nearly 1.1 million cases filed in 2008. Fifty-three percent of
respondents predicted that filings would increase by 35% or more while
12% thought that filings would increase by about 35%. (CF Library
1/08/09; 1/30/09)

BANKRUPTCY FILINGS
Apr 08: 92,291
May 08: 91,214
Jun 08: 82,770
Jul 08: 94,124
Aug 08: 96,413
Sep 08: 88,663
Oct 08: 106,266
Nov 08: 99,925
Dec 08: 84,926
Jan 09: 88,773
Feb 09: 98,344
Mar 09: 121,413
Apr 09: 125,618
Source: ABI/NBKRC; CardData.com

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