Hypercom Names a New CFO

Hypercom has appointed Thomas B. Sabol, previously with Suntron, as the
new CFO. At Suntron, Sabol served as Chief Financial Officer and
was a Director
since July 2004. Previously, Sabol held Chief Financial Officer and
Chief Operating Officer positions with Wolverine Tube, Inc. and Plexus
Corp., respectively. He also has senior auditor experience with Kemper
Corporation and Coopers & Lybrand. Mr. Sabol is a Certified Public
Accountant and holds a Bachelor of Science Degree in Accounting from
Marquette University.

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MasterCard Ranks High for Diversity

MasterCard has been ranked among the top companies for diversity
according to the recently announced 2009 list of “Top 50 Companies for
Diversity.” DiversityInc ranked MasterCard as No. 41 among 401
companies. The St. Louis Minority Business Council also recently
recognized MasterCard as “Corporation of the Year” and MasterCard
employee Kelley Dennis as the “Minority Business Enterprise
Buyer/Coordinator of the Year.” MasterCard says it offers a number of
programs and benefits that demonstrate its commitment to diversity and
inclusion, including highly competitive benefits for same-sex
partners of employees; adoption assistance; alternative workplace
solutions such as teleworking and job-sharing; family medical leave; and
relocation assistance.

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Planet Payment’s 4Q/08 Revenue Leaps 74%

Planet Payment reported that total revenue grew 74% to $11.8 million in
the fourth quarter. Total revenue is estimated to increase in excess of
90% to more than $10 million for the first quarter. Active merchant
locations grew 380% to 7,946 in 2008. Also, last year thirteen new
banking channels were activated across Greater China, Malaysia, Taiwan and
the U.S., increasing the Company’s network to more than twenty-five
supported processors and banks. The firm also launched the “Pay In Your
Currency Service” at Dillard’s throughout its 300 retail locations.
For complete details on Planet Payment’s latest results visit CardData ([www.carddata.com](http://www.carddata.com)).

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RevolutionCard Merchant Acceptance to Expand

Chase Paymentech and Revolution Money have teamed to enable the
acceptance of “RevolutionCard” transactions for online and retail
merchants. Revolution Money Merchants will be charged absolutely no
interchange fee and a nominal 0.50% transaction fee. The firm currently
operates the largest PIN-based acceptance network for credit card
purchase transactions in the U.S. Chase Paymentech is capable of
authorizing transactions in more than 130 currencies. In August, RBS
WorldPay began processing “RevolutionCard’s” PIN-based transactions for
participating merchants. St. Petersburg, FL-based Revolution Money is
part of the family of companies within Revolution LLC, which was founded
by AOL’s former CEO, Steve Case, to drive “transformative change by
shifting power to consumers.” Jason Hogg is Revolution Money’s CEO.

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Amtrak to Accept UATP Corporate Cards

Citing a shift in corporate travel to rail from air in the last several months, Universal Air Travel Plan has teamed with Amtrak. UATP corporate card holders are now able to make Amtrak purchases at all points of sale with their UATP cards. Amtrak operates a nationwide rail network, serving more than 500 destinations in 46 states on 21,000 miles of routes, with nearly 18,000 employees. UATP accounts are accepted as a form of payment for corporate business travel by airlines and travel agencies worldwide.

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CardWizard Available in Arabic

Instant card issuer Dynamic Card Solutions announced “CardWizard” is now
available in Arabic to enable rapid
deployment and ease of use in regions such as the Middle East and
Northern Africa. “CardWizard” is a component-based software solution
that allows financial institutions to instantly issue EMV and
contactless cards at
the branch. “CardWizard”‘s Arabic language version, banks can deploy
the solution quickly without having to worry about the problems caused
by software packages only available in other languages. In addition,
“CardWizard” can also be customized to serve as an Arabic front end for
other card issuance-related software applications. The Middle East
remains an area of strategic focus for DCS, and the
company has just formed a team of industry experts specifically
dedicated to working with banks in the region.

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Global Axcess Lands More Funding

FL-based ATM provider Global Axcess has obtained $5,000,000 in closed
financing from SunTrust Bank. The company will repay the loan over 42
months,
beginning April 30, 2009, with 41 equal monthly principal payments plus
accrued interest. The interest rate of the loan is fixed at an interest
rate of 6.99%. As a result of the closing of the Loan and the payoffs
of CAMOFI and
Wachovia, the Company expects to record a one-time non-cash expense of
approximately $400,000 during the first quarter of 2009. Global Axcess
and its wholly owned subsidiary,
Nationwide Money Services provides turnkey ATM
management solutions that include cash, project and account management
services. NMS currently owns, operates or manages over 4,200 ATMs in its
national network spanning 44 states.

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SUBWAY to Deploy EverServ POS

QSR SUBWAY has selected ParTech “EverServ” POS hardware solution for
their next generation in-store hardware platform. SUBWAY restaurants
will utilize PAR’s global
capabilities and infrastructure during their new world-wide technology
implementation for deployment and lifecycle support services. The
SUBWAY® chain selected PAR’s
EverServ™ POS hardware solution for their next generation in-store
hardware platform over several other vendors. PAR’s design combines
flexibility, scalability, and durability in a smart compact
point-of-sale terminal. This next generation hardware offering provides
peak performance with powerful processors for improved graphics and
increased speed of service. By design, PAR’s hardware solutions contain
energy-saving features and rugged architecture that highlight a low
total cost of ownership and long product lifespan. PAR worked very
closely with the SUBWAY® technology team to ensure that all of the
brand’s technology requirements were met and exceeded.

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GEMALTO.NET BIO

Gemalto and Precise Biometrics have introduced “Gemalto.NET Bio” to
enable organizations to enhance network security
and protect online identities by replacing weak, static passwords with
strong authentication using Gemalto .NET smart cards and Precise
Match-on-Card(TM) fingerprint biometric technology. “Precise
Match-on-Card” technology stores and verifies users’ fingerprint
information directly on the Gemalto .NET smart card. The fingerprint
information never leaves the card and is never stored in a database,
thus protecting their digital identities and privacy. With “Gemalto .NET
Bio”, organizations benefit from the convenience of fingerprint
authentication and the portability and security of smart card devices,
integrated with Microsoft Windows operating systems and
applications.

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MOBILE BANKING

New analysis from Frost & Sullivan, “Latin American Mobile Banking
Market”, finds that mobile banking is a
budding service in Latin America and is expected to catch on in
countries such as Chile, Brazil, and Argentina, where the economic and
political condition is relatively stable. Currently the main
channel of connection is SMS and is likely to remain so since mobile
banking through messaging will be less expensive for the user and will
not require a sophisticated handset. But, even though the most important
connection channel with the highest rates of adoption is messaging,
accessing mobile banking with a special WAP application will represent a
considerable increase in mobile data use, and carriers will be most
interested in working together with financial institutions to promote
this value added service. Success in the mobile banking
market will help mobile operators shore up their average revenue per
user (ARPU) even when the mobile voice traffic slows down.

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FEB LEI

The Conference Board Leading Economic
Index for the Euro Area decreased 0.3% in February to
92.9 (2004 = 100), following a 0.9% increase in January and a 1.7% drop
in December. Falling stock prices, as well as declines by
the Economic Sentiment Index and The Purchasing Managers’ Index
(manufacturing), more than offset the widening interest rate spread.
After falling for the fifth time in the last six months in February, The
LEI remains on a general downtrend
since June 2007, falling by more than 14.0% since then. A
previous decline of this magnitude preceded the region’s 1992-93
recession. Meanwhile, The Conference Board Coincident Economic Index for
the Euro Area decreased by 0.1% in February to 103.6 (2004 = 100),
according to
preliminary estimates, after falling 0.2% in January and 0.5% in
December. The Conference Board CEI for the Euro Area has been
trending downward since February 2008.

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Advent Intl Takes a Major Stake in 5/3 Processing

Fifth Third Bancorp and Advent International have established a joint venture for Advent to
acquire a 51% interest in Fifth Third’s processing business. Advent will pay Fifth Third $561 million
in cash for a 51% ownership interest in the equity of the LLC and
for certain put rights. Additionally, Fifth Third will receive warrants
in the new company exercisable in certain circumstances. Fifth Third
estimates the valuation adjustments related to these warrants, the put
rights, and minority interest discounts may reduce its implied valuation
of the business by an estimated $50 million. The agreement is subject to
certain potential purchase price adjustments.

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