E-ID & NIC

Digital security provider Gemalto will deliver electronic ID cards to Saudi Arabia’s Ministry of Interior
National Information Center. Gemalto will provide NIC with e-ID cards for the next three years,
as well as support and maintenance for the centralized personalization
center in Riyadh. The Saudi Arabia national ID card is a wallet-sized card that embeds a
microprocessor containing the cardholder’s digital information such as
demographics, facial image and fingerprints. It also features a bar code
and an optical stripe to ensure enhanced security to citizens. The
national ID card can be used as a travel document that facilitates
legitimate travel within all GCC countries. In addition, the e-ID card
offers strong authentication to enable citizens to prove their identity.
Digital signature is also available through a Public Key Infrastructure
application. The national ID card is mandatory for all citizens
above 15 and valid for ten years.

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PPI SURVEY

A new report reveals that 2.6 million credit card users plan to credit
more this year to pay household bills.
Lobbyists for Payment Protection Insurance are advocating the purchase
of insurance to cover card payment in instances where card holders
become unemployed and cannot make minimum
monthly payments. Premiums for PPI are calculated per GBP100 of benefit
and purchasers can
decide whether they want policy payments to meet their mortgage, loan or
wider household commitments. There are options for accident, sickness
and unemployment cover and specialist independent firms such as
Burgesses and British Insurance are widely recognised as offering
premiums that are far more affordable than higher-priced credit providers.

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Sallie Mae and BofA Offer New Upromise MasterCards

Upromise, Sallie Mae’s saving for college company, and Bank of America
have introduced the “Upromise World MasterCard” credit card with “Gas &
Grocery Rewards” and the “Upromise World MasterCard” credit card with
“Dining & Grocery Rewards.” For a limited time, the Upromise card
programs provide new cardholders with $25 in their Upromise account
after the first qualified use of the card. The credit card with “Gas &
Grocery Rewards” offers 1% college savings on all purchases; 10% extra
college savings on thousands of Upromise participating grocery and drug
store items and 2% extra college savings on eligible gasoline purchases
at Exxon or Mobil locations. The credit card with “Dining & Grocery
Rewards” offers 1% college savings on all purchases; 10% extra college
savings on thousands of Upromise participating grocery and drug store
items; and 10% extra college savings on purchases at “Upromise Dining by
Rewards Network” restaurants.

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CHARGE Anywhere Integrates with QuickBooks

Secure POS provider CHARGE Anywhere smartphone payment application can
now integrate with QuickBooks. Mobile merchants are
able to process transactions in the field and have those same
transactions created and applied to the correct customers or invoices in
QuickBooks with no additional
data entry required. When transactions are automatically imported into
QuickBooks, all transactions that are marked with an invoice, customer,
or clerk number at the
time of payment and will automatically be applied to the correct
account. This feature will be available on CHARGE Anywhere’s Mobile
Payment Applications for BlackBerry OS, Windows Mobile, and J2ME.

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Fiserv Names a New EVP

Fiserv has hired Lance Drummond, previously with Bank of America, to
serve as EVP. At Bank of
America he led the Online Bank and ATM Operations and managed the
largest consumer online bank in the
U.S., serving millions of active online consumers, bill payers and
mobile subscribers. He was also responsible for delivering capabilities
across the largest bank-owned network of ATMs in the country, including
the deployment of deposit image ATMs. Prior to this, Drummond was the
Service and Fulfillment Operations executive for Global Technology and
Operations, providing end-to-end operations support for all of the
bank’s customers, banking centers and 18,000 ATMs. His team’s
responsibilities included image, ACH, EDI and check processing, lockbox
services, ATM service and fulfillment, statements, cash services, card
production, and deposit services, including product compliance and
operations. Drummond earned a master’s degree in business
administration from the Simon
Business School at the University of Rochester, and a master’s degree in
management science from MIT.

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GO-TAG

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(R) 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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Merchant Account Guide.com is Introduced

Following the recent collapse of credit card marketing on the the
Internet, CreditCards.com has launched Merchant Account Guide.com to
enable merchants to compare processing services. Merchant Account
Guide.com is a free resource that requires no registration for small
business owners to research, compare and apply for merchant services,
providing much-needed transparency into the pricing and disclosure of
credit card merchant processing fees. Yesterday, a former American
Express exec launched “The Merchant Maven” website to provide card
processing deals for small businesses.

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Consumer Confidence Index Levels Out

The Conference Board “Consumer Confidence Index” was flat in March. The
Index now stands at 26.0, up slightly from 25.3 in February. The
“Present Situation Index” declined to 21.5 from 22.3 last month. The
“Expectations Index” increased to 28.9 from 27.3 in February. Consumers’
assessment of overall present-day conditions remains unfavorable. Those
claiming business conditions are “bad” rose to 51.1% from 50.5%, while
those claiming business conditions are “good” edged down to 6.8% from
7.0% last month. Consumers’ short-term outlook was moderately less
negative this month. Consumers expecting business conditions will worsen
over the next six months edged down to 39.1% from 40.7%, while those
anticipating conditions to improve increased to 9.1% from 8.5% in February.

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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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