Delta Embraces Intersections’ Identity Guard

Intersections signed a new relationship with Delta Air Lines to offer
5,000 miles to “SkyMiles” members who sign up for an annual subscription
to Intersections’ “Identity Guard Total Protection” service. Once
enrolled, “SkyMiles” members will receive Identity Guard free for the
first 30 days with 15 percent off an annual subscription.
“Identity Guard” covers public records like licenses, utilities, and
court records not covered by fraud alerts. Intersections, founded in
1996, has protected more than 20 million consumers since 2000, is PC
World’s top rated identity theft protection service (2008), and enjoys
an A+ rating from the Better Business Bureau.

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Intersections’ Q4 Revenue Rise 14% Y/Y

Identity risk management specialist Intersections reported revenue for the fourth quarter of $88.1 million, a 14% gain on 4Q/07/
However, the net loss for the quarter was $26.5 million, compared to net income of $3.3 million for the year ago quarter. Total subscribers decreased to approximately 4.7 million as of year-end 2008, compared to approximately 5.3 million subscribers as of December 31, 2007, as a result of the loss of Discover wholesale subscriber base in the third quarter of 2008. Subscription revenue, net of marketing and commissions associated with subscription revenue, was $43.1 million for the fourth quarter of 2008, compared to $41.1 million for the fourth quarter of 2007, and $49.2 million for the third quarter of 2008, an increase of 4.8% and a decrease of 12.4%, respectively. For complete details about Intersections’ latest results visit CardData ([www.carddata.com](http://www.carddata.com)).

INTERSECTIONS REVENUES
4Q/07: $77.0 million
1Q/08: $85.9 million
2Q/08: $94.2 million
3Q/08: $93.4 million
4Q/08: $88.1 million
Source: CardData (www.carddata.com)

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RADIANT & MINOR

QSR franchisor Minor Food Group has signed an agreement with Radiant Systems to
deploy the “Aloha Point-of-Sale” and “MenuLink Labor and Inventory” back
office hosted application in 600 sites over a three-year period.
The solution for Minor Food Group extends beyond Radiant’s core point of
sale and back office applications and includes “Radiant P1220 POS”
terminals, the “Aloha Insight” above store reporting system, “Aloha
Configuration Center” and integration with a centralized home-delivery
solution developed by Professional Solutions Co. Ltd., a Bahrain-based
company with a long and successful relationship with Radiant in the
hospitality industry. The complete solution integrates all
restaurant-system functionality and will help Minor Food Group analyze
results from its operations, manage inventory, control labor costs and
automatically alert management to operational issues that require attention.
The Minor Food Group is one of the largest hospitality and leisure
companies in Asia Pacific with plans to grow aggressively in Thailand
through organic expansion of company-owned brands, partnering with
franchisees and acquiring other successful restaurant companies. Minor
also has multiple sites in China and the Middle East with plans to
continue expanding its presence in these emerging markets.

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CreditReport.com Adds Credit Bureau Alerts

Credit management solution provider CreditReport.com has launched
“ScoreTracker”, a free service designed to rapidly alert subscribers to
changes in their credit score. “ScoreTracker” credit score reporting
service is designed to provide a real-time tool for consumers to stay on
top of their credit score. When “ScoreTracker” is activated, a baseline
credit score is set and the member’s new credit scores are tracked daily
against this baseline credit score. As a consumer’s credit score is
tracked daily, changes to the score trigger an alert and the new score
becomes the new baseline to track changes. Consumers are provided with
the top four reasons the score changed including the new score. So if a
new credit card account was opened as a result of an identity theft
situation, “ScoreTracker” will identify where the account came from and
other CreditReport.com services
make it easy to dispute the new account and get a corrected score. It is
up to subscribers to correct errors in their credit
score prior to activating ScoreTracker to get the best baseline score
available. ScoreTracker is available free for new subscribers of
CreditReport.com’s 3-bureau monitoring service and for subscribers who
use single-bureau credit monitoring who upgrade to 3-bureau monitoring.

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ExaDigm and Solveras Payment Solutions Partner

POS provider ExaDigm has partnered with Solveras Payment Solutions to
offer the ExaDigm’s “XD1000 Dual Comm Countertop Payment Terminal”
and “XD2100SP Mobile Wireless Payment Terminal” to Solveras merchants.
Solveras chose to add both the XD1000 and XD2100SP to its terminal
product offerings because ExaDigm’s terminals are easily
upgradeable avoiding redundancy due to changes in technology; offer the
ability to change connectivity between IP, Dial, CDMA, GSM/GPRS and WiFi
with a simple swap or addition of a modem; enable access to the most
cost-effective wireless data plans available; and deliver advanced
security features providing maximum protection to merchants and
cardholders alike. Solveras Payment Solutions provides complete
electronic payment services to businesses and not-for-profit
organizations nationwide. Products and services include software and
processing support for credit card transactions, debit card processing,
Internet-based virtual terminal systems, electronic check services, and
electronic gift cards.

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Diebold Promotes Stephenson for Security

Diebold has promoted Bradley J. Stephenson to VP of Diebold’s security
division. He is now
responsible for the company’s enterprise security and fire services
operations, government solutions group, monitoring services, security
research and development, product management and security marketing and
business development functions with a focus on increasing the value of
Diebold’s security solutions to
customers and accelerating market growth in the Americas. Stephenson has
been with Diebold for more than 35 years, serving in a
variety of senior management and technical positions including general
manager of card systems, fire services and Nexus Software. Stephenson
led the company’s electronic security division from 1996 to 1999,
developing security products to meet the needs of financial services and
retail clients. Prior to moving to the security division’s corporate
headquarters in 1995, Stephenson had more than 20 years of experience in
various customer-facing roles. He earned a bachelor’s degree in
computer information systems from Aquinas College in Grand Rapids, Mich.

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Visa and Elan Ink Canadian Government Cards

Visa announced in Canada that U.S. Bank’s Elan Financial Services will
provide Visa acquisition cards to the Government of Canada for a
contract period of up to five years. Elan is one of two providers
selected to issue cards to departments and agencies of the Canadian
government. Operating in Canada since 2000, Elan first acquired the
Royal Bank of Canada “Purchasing Card” and “Corporate Card” portfolios,
and subsequently in 2006 acquired the CIBC “Purchasing” and “Corporate
Card” portfolios. Currently, in Canada, Elan manages more than 1,800
commercial card relationships spending in excess of CDN $2.2 billion
annually.

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USA Technologies Lands Another ePort Patent

USA Technologies has been awarded its 69th patent for the RFID-equipped
“ePort” product line. The invention relates to a cashless vending system
that utilizes a
tethered payment interface which is mountable
on the external surface of a vending machine while the payment module
portion of the system resides inside the vending machine. An advantage
of this system is that when a bill validator slot opening in the vending
machine is available, the tethered payment interface can be secured to
an adapter plate and mounted in the available slot. However, when a slot
opening in the vending machine is not available, then the tethered
payment interface can be located and secured on the external surface of
the vending machine. In addition, the tethered payment interface is
configured to be user accessible, provide an informational display,
accept magnetic cards and accept RFID device data.
USA Technologies provides networking of wireless non-cash
transactions, associated financial/network services and energy
management.

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Constantine Cannon Securitizes MasterCard Payment

Law firm Constantine Cannon issued an announcement in the “Visa
Check/MasterMoney Antitrust Litigation” regarding updates to the
settlement fund. On March 6, 2009, Lead Counsel filed with the Court a
request to sell (or to securitize) MasterCard’s remaining payment
obligations, which currently total $400
million and will be paid into the settlement fund in four annual
installments between 2009 through 2012. If the request is approved and
the securitization is completed, Lead Counsel will be able to make
lump-sum distributions of residual
payments to Class Members who filed approved claims instead of making
installment payments over the next four years of any residual amounts.

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SBI

Secure e-payment provider Arcot Systems has been selected by card issuer
SBI Cards to provide the “Arcot 3-D Secure” compliant authentication
solution to help protect their cardholders from internet fraud while
shopping online. Deployment of the “Arcot TransFort 3-D Secure”
solution will dissuade
unauthorized use of credit and debit cards for Internet transactions
resulting in improved protection from identity theft. Moreover, online
retailers who participate in the 3-D Secure authentication protocol are
now assured added protection against fraudulent chargebacks from SBI
Cards transactions.

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EnXnet Acquires Rights to the MultiMedia Gift Card

EnXnet has acquired marketing rights for the “MultiMedia Gift Card”.
EnXnet is the owner of the “ThinDisc” Technology. This technology was
licensed to enable the “MultiMedia Gift Card” to work
properly. The marketing firm has now granted the right to market and
sell small to midsized orders to EnXnet, Inc. These rights include the
ability to approach the lucrative market of
companies that typically request small to midsize orders. The larger
fortune 1000 sized companies will continue to be marketed by the current
marketing firm. The small to midsize
orders would be for any individual quantity ordered under 100,000 units.
Larger orders would still be accepted but handled differently.

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MONITISE INDIA

Monitise plc has announced the formation of Monitise India. The company
will bring together a consortium of investors from across
the financial services and mobile technology market. ICICI Bank, The
proposed
Monitise India mobile money service has been designed around the
‘ecosystem’ principle. This leverages existing banking standards, such
as ISO 8583 & IFX, to connect regulated bank and card accounts with
multiple mobile networks. The planned services include balance enquiry,
transaction reports,
payments to merchants or other people, transfers between accounts, bill
payment and the ability to top up pre-pay mobile phone accounts.
The new service will let customers of participating financial
institutions manage their money and make payments on the move using
their choice of mobile network and handset.

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