Agent Bank Selection Criteria is Offered

Card industry analyst/investment banker R.K. Hammer has released a selection criteria that card programs can use to select better agent bank card issuing partners. 1. The RFP process must be all-inclusive, that is only one selection process by an outside third party – no additional process taking place simultaneously whereby one or more potential issuing partners is silently “exempt” from the RFP conditions. 2. Fourteen days is enough for any issuing bank to present their written expression of interest or letter of intent. 3. Present the current penetration level of cardholders compared to the universe of total customers in the Offering Memorandum. 4. Hold the issuing card provider to customer service level standards equal to or higher than presently enjoyed. 5. Any card department that “touches” your customers should have contractual service levels to be met, and reported monthly to you. 6. A form of risk/revenue sharing that was first popularized by affiliate and agent banks over 30 years ago is making a comeback: where the issuing bank and their agent bank programs allow some percentage of risk/reward sharing. 7. The extensiveness of monthly data reporting is another important factor which separates Best-in-Class from weaker performers. 8. Ask for two classifications of references: first, at least three agent banks of similar size to your opportunity; and second, three agent banks who have left their program, and the reasons why. Both types of references are needed to get a more complete picture of what doing business with the issuer will be like for you.

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100,000 G&D Patient Cards to be Distributed

Giesecke & Devrient, EXTENSION and TrustBearer Labs, has developed “EXTENSION Health Connect”
a secure smart card-based solution for health care providers. “EXTENSION® Health Connect” provides highly secure, fast and accurate
patient identification and information exchange. It securely links data,
patients, and healthcare providers together in order to reduce
administrative costs and improve the patient experience. EXTENSION®
Health Connect uses G&D patient health cards to securely identify
patients to hospital information systems. The card also holds a personal
health record for each patient that can be securely accessed.

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First Data and INSIDE to Offer GO-Tag Stickers

INSIDE Contactless and First Data have signed a three-year agreement to develop contactless payment stickers. The product will be marketed by First Data as “GO-Tag.” With this agreement, INSIDE will supply “MicroPass” payment sticker prelams exclusively to First Data-qualified card manufacturers for production. The agreement leverages the core technology from INSIDE Contactless and the issuing and transaction processing power of First Data. First Data will be marketing and distributing “GO-Tag” products to financial institutions, major U.S. merchants, and other distribution channels in a variety of form factors. INSIDE has delivered more than 300 million contactless platforms worldwide.

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Elavon Certifies the Hypercom Optimum T4205

U.S. Bancorp’s payment processor Elavon has “Class A” certified Hypercom’s PCI PED-approved 32-bit
“Optimum T4205” card payment terminal. The “Optimum T4205” features a compact form factor, clear and intuitive
keypad, large 24MB memory and high speed processor for fast transactions
and multi-application support, all secured by HyperSafe®32, Hypercom’s
exclusive RSA-based security infrastructure. The terminal is ideal for
smaller retailers and restaurants, supports three languages (English,
Spanish and French) and can quickly and efficiently process magnetic
stripe and contactless debit and credit payments as well as Electronic
Benefit Transfer (EBT) and value-added transactions such as gift and
loyalty.

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Business Cash Advance Lands a Partnership

FL-based Business Cash Advance.com has partnered with Allied Business
Network (ABN), to offer members discounts on business
services and office supplies. Allied Business Network negotiates prices
with national suppliers on
behalf of its members to secure the best discounts available. ABN
Members are able to save between 5% and 85% on a variety
of products and services. Free membership is available to small
businesses, entrepreneurs and individuals. More information is available
at www.abnsave.com. Merchant cash advances enable small businesses to
secure capital in
exchange for a small percentage of their future credit card receivables.
As major banks refuse to finance creditworthy businesses in today’s
lending environment, merchant cash advances are becoming an important
financial option.

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CipherLab Hardware Certified by BizTracker

AIDC provider CipherLab has been certified as a preferred vendor by POS
software supplier BizTracker. The CipherLab’s “1266”, “1500”, “1660”,
“8001” and “9471” handheld scanners and mobile
computers is preloaded with BizTracker “Infinity Point of Sale” software
and available to retailers through BlueStar, a leader in
solutions-based distribution for Auto ID, Point-of-Sale, Mobility and
RFID products. This bundled solution eases point of sale, logistics and
ordering for retailers by conducting critical operations such as
scanning data, inventory cycle counts, re-ordering, receiving goods,
price checking and bar code printing. CipherLab is a global leader in
the design, manufacture and marketing of
Automatic Identification and Data Capture/Collection (AIDC) products and
systems.

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Solidcore Offers PCI for Windows CE

IT security provider Solidcore Systems has rolled out its security
solution for Windows CE embedded devices. Solidcore’s patented runtime
control solution enhances the protection of Windows CE devices from
targeted malware, tampering and unauthorized changes. For devices in
retail environments, Solidcore provides an antivirus solution that meets
the requirements of the Payment Card Industry Data Security Standard
(PCI DSS) with zero performance overhead. Solidcore is the leader in protecting critical IT infrastructure from
devices to the data center. Organizations worldwide trust Solidcore to
detect and prevent unwanted change for improving IT compliance, security
and availability. Solidcore easily automates PCI controls and is a
pioneer in runtime control and dynamic whitelisting technology for
locking down critical systems and preventing unauthorized change events.

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HyperSafe Remote Key System is Piloted

A pilot is underway for the industry’s first standards-based remote key
injection product that allows retailers to quickly and securely initiate
on-site, in-store payment terminal key injection at the point-of-sale.
The new system offers a fast and highly secure alternative to the
industry’s traditional secure room key injection process. Hypercom,
Electronic Payment Systems and Mercury Payment Systems are piloting the
“HyperSafe Remote Key System.”. The two companies are piloting the
innovative solution on their terminals of choice, the “Optimum T4210”
and “T4220.” “HRKS” eliminates the need for off-site secure room key
injections by incorporating “PKI” to securely distribute symmetric
“3DES” keys.

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Biometric Match-on-Card Paper is Released

Card specification body GlobalPlatform has published “The GlobalPlatform Value Proposition for Biometric Match-on-Card Verification” to explain how its existing technology can add value to biometric match-on-card solutions from research and development cost-savings and improved time to market, to compliance with industry security requirements. It discusses in detail how current GlobalPlatform Specifications deliver the required security and privacy to enable the deployment of a secure, interoperable and flexible biometric match-on-card solution. The white paper was developed jointly by the following GlobalPlatform members: ActivIdentity, Collis, Gemalto, NXP, Oberthur, Precise Biometrics, Sagem Orga and the US Department of Defense.

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Austin Logistics Changes its Name

Event based analytic solution provider Austin Logistics has changed its name to ALI
Solutions. Since its founding in 1992, the firm has provided large consumer financial services companies in North America, the
United Kingdom, and Asia-Pacific, with event-based analytic decisioning
applications and innovative solutions for solving immediate business
problems. The solutions enable the
issuer to detect potential delinquencies in new accounts as early as day
one of the account lifecycle and to indicate appropriate
individual-level treatments.

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ECI and ControlScan Partner for PCI

Card processor Electronic Commerce International has partnered with GA-based PCI solution provider ControlScan
to assist small and medium-size businesses in meeting PCI-DSS.
ControlScan provides easy-to-use Web-based security solutions for small
businesses to analyze, remediate and validate compliance. ControlScan exclusively supports small- to medium-sized merchants,
which are required to be PCI compliant. ECI will now offer ControlScan’s PCI compliance solution, “PCI 123”, which
helps merchants understand, choose and complete the correct
Self-Assessment Questionnaire and on-demand security scanning (as
applicable), backed by expert technical support with a personal touch.
Those who have not implemented the necessary security policies will also
benefit from the included “PCI 1-2-3 Policy Builder”. ECI also offers Electronic Check
Acceptance, Electronic Gift and Loyalty Programs, ACH Processing and
Merchant Cash Advance.

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Billing Revolution Lands a New Exec

Mobile payment solution provider Billing Revolution has appointed Marc Saulino as VP of Business
Development. Prior to joining Billing Revolution, Saulino spent over three years
as New Business Development Director at Bango, a mobile Internet
company. While at Bango, he played an integral role in growing
the company’s North American business, forging strategic alliances with
Dada Entertainment, Discovery, Gameloft, Oberon Media, Quickplay and
many more. Merchants use Billing Revolution’s
proprietary “single-click” technology to provide a mobile optimized
purchase experience, allowing users to make credit card purchases
without a user name or pin code requirement. Using the platform,
individuals or large merchants have the ability to conduct
“single-click” credit card transactions from any web-enabled mobile
phone.

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