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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POSTA ROMANA

Posta Romana and Advance Payment Solution have launched the “Romanian
Post cashplus prepaid MasterCard” that will help
bridge the gap between payments and the cash card, lagging in good measure
due to the fact that a significant number of the population has no bank
account or credit card. The “Romanian Post” cashplus prepaid
MasterCard is equipped with features of Chip and PIN that provides
additional protection against fraud, and can be used like any other
credit card or debit in making payments. In the
second quarter of 2009, cards will be offered to customers and staff of
Posta Romana, through six subunits in Bucharest.

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JAN LEI

The Conference Board Leading Economic
Index declined 0.6% and The Conference
Board Coincident Economic Index increased 0.6% in January. Three of
the seven components in The Conference
Board LEI for Australia increased in January. The positive contributors
to the index are real money supply, the sales to inventories ratio, and
rural goods exports. Building approvals, share prices, gross operating
surplus*, and the yield spread declined. Based on revised data, this
index declined 1.1% in December and declined 1.3% in
November. During the six-month period through January, the leading
economic index decreased 3.8 percent, and four of the seven components
increased (diffusion index, six-month span equals 57.1%). With the 0.6%
decrease in January, The LEI for
Australia now stands at 111.2 (2004=100).

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CREDIT CARD CONTROLS

The results of a recent survey conducted by the Environics Research
Group reveal that 82% of Canadians want tighter rules imposed on the
credit card industry. Of those, 51% of respondents said they
strongly support tighter rules for the credit card companies in terms of
how they treat both card-holders and merchants and 31% are somewhat
supportive while 6% are strongly opposed and 8%
somewhat opposed to the idea.

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Video Display Corp Rolls-Out New Monitors

GA-based Video Display Corporation has introduced the “Display Concepts” drop-in replacement monitor for NCR and Diebold ATMs.
The Display Concept LCD technology offers brighter, sharper images than
CRTs and will not degrade over time due to screen burn. Its
“standard-brightness” V084S1 LCD display is ideal for both indoor and
outdoor ATMs. Video Display Corporation designs, develops and manufactures unique
solutions for display requirements for military, medical and industrial
use with emphasis on high end training and simulation applications.

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PayPal Set to Offer BlackbaudNow Tool

PayPal has teamed with software provider Blackbaud to offer the
“BlackbaudNow” nonprofit fundraising tool.
“BlackbaudNow” offers nonprofits a point-and-click website builder with
secure donation processing and the
ability to send emails and record donors’ giving histories with features
such as “WebNow” to create online presence and enable online fundraising,
with point-and-click site design, and donations securely processed with
PayPal; “DonorNow” to track donor giving history and communications and
“EmailNow” to support email messages, e-newsletters and appeals
In celebration of the launch, Blackbaud and PayPal are inviting
nonprofits to participate in the “BlackbaudNow Donation Sweepstakes”. From
March 30 to June 30, 2009, nonprofits that sign up for “BlackbaudNow” will
be automatically entered in the sweepstakes. The first place contest
winner will receive a matching donation of up to $2,500 and 20
additional nonprofits will receive matching donations of up to $500.

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