wGiftCard Product Suite is Introduced

CA-based Transaction Wireless has released the “wGiftCard mobile platform.
Transaction Wireless’ mobile suite of products allow retailers to extend
their current gift card, loyalty, promotional and marketing programs to
the mobile phone, while creating new features and capabilities.
Consumers can now conveniently manage, track, buy and deliver gift cards
using virtually any carrier or handset and the mobile cards can be
customized and branded. The “wGiftCard” platform
provides a simple, easy solution for gift card activations, balance
inquiries, gifting among consumers, replacing stolen or lost cards,
redemption, reloading cards, storing, tracking and monitoring.
Transaction Wireless’ “wGiftCard” suite includes solutions for gift cards,
calling cards, coupons, loyalty programs, merchandise returns,
notification/reminders, and targeted promotions.

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ADT Unveils Anti-Skim ATM Security Solution

ADT Security Services has introduced the “ADT Anti-Skim ATM Security
Solution”.
ADT’s anti-skim solution is installed inside an ATM near the card
reader, making it invisible from the outside. The solution detects the
presence of foreign devices placed over or near an ATM card entry slot,
without disrupting the customer transaction or operation of most ATMs.
Also, the technology helps prevent card-skimming attempts by
interrupting the operation of an illegal card reader.The ADT Anti-Skim
ATM Security Solution helps protect the integrity of cardholders’
personal financial
information during ATM transactions and can trigger a silent alarm for
command center response and coordinate
video surveillance of all skimming activities. It requires no software
adjustments to the ATM, does not connect to
or affect the ATM communications network and has more than 40,000
successful ATM applications worldwide.
Prior to its North American introduction, the “ADT Anti-Skim ATM Security
Solution” was successfully field tested on dozens of ATMs of four major
U.S. financial institutions in controlled pilot programs. Testing pilots
yielded positive results, with no known skimming compromises occurring.

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Tranzact Information Service Rolls-Out 3-Screen

NJ-based customer acquisition solution provider Tranzact Information
Services has released the “3-Screen” credit pre-screening tool.
Tranzact Information Services houses prescreen information on over 200
million United States
consumers as an agent of all three major credit bureaus. Combined with
additional sources from demographic, property
and public record data, Tranzact Information Services provides one of
the nation’s largest repositories of U.S. consumer data with over 1,100
data points per consumer. Tranzact Information Services provides
information and insight to
clients and partners to help support their acquisition, cross-sell, and
retention marketing programs. Its data management platform provides the
tools necessary to enhance and deliver marketing data and scales to meet
any program requirement.

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INDENTITA & CARDXX

Cross platform access provider Identita and CardXX have been
engaged in extended negotiations to consummate an acquisition of CardXX
by Identita. Although current extraordinary economic conditions have
delayed negotiations, both companies are pleased to report that the
completion of the acquisition is now expected to occur very soon.
Identita is the worldwide leader in the high-volume production of
advanced smart cards and other embedded electronics devices, having
scaled and perfected CardXX’s patented Reaction Assisted Molded Process
(RAMP) technology, and look forward to continued growth and development.

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JCB PARTNER FORUM

JCB and JCB International (JCBI) will hold a “JCB Partner Forum” in
Beijing on March 12 and Shanghai on March 13 and have invited
approximately 200 representatives from 20 JCB partner financial
institutions and corporations across China to participate in the event.
At the forum JCB and JCBI will be sharing the expertise they have built
over more than 40 years
of experience in the payment industry to support partners in China in
enhancing their credit card
business, as well as creating a common understanding of the JCB brand
direction and strategy for
the future, further strengthening the partnership with JCB and JCBI.
In addition to detailing strategies for the credit card business in
China, sessions will be held in
three specific areas requested by JCB partners, including case studies
in Japan and the chance for
exchange of information and opinion between JCB and JCB partner
representatives. The outline of JCB Partner Forum includes:
JCB Brand Strategy/promotional strategy; guest speaker Feng Qingzhu of
CTR Market Research will discuss”Chinese Women’s Consumption Psychology
and Trends”; and area sessions that include card use promotions (point
programs, cardmember online shopping malls); making JCB the customer’s
main card (cardmember premiums and benefits) and credit management
(initial credit line, subsequent credit increases).

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NFC Mobile Transactions are Now Minimal

A new study has found that the value of mobile commerce transacted via
non-NFC (non-Near Field Communication) methods will total $1.6 billion
this year, while mobile commerce conducted via NFC will be minimal. ABI
Research says that the development of the NFC market has not met early
expectations. Demand for these services and related mobile money
services, such as banking, domestic person-to-person payments, and
international remittances is undeniable, although its drivers differ
around the world. Industrialized regions’ customers are becoming
comfortable with using their mobile phones for more than just
traditional communications. In the developing world, mobile money
services have promise as an alternative to scarce financial institutions
for money transfers, and as ways to reach the previously “unbanked.”

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NON-NFC

A new study has found that the value of mobile commerce transacted via non-NFC (non-Near Field Communication) methods will total $1.6 billion this year, while mobile commerce conducted via NFC will be minimal. ABI Research says that the development of the NFC market has not met early expectations. Demand for these services and related mobile money services, such as banking, domestic person-to-person payments, and international remittances is undeniable, although its drivers differ around the world. Industrialized regions’ customers are becoming comfortable with using their mobile phones for more than just traditional communications. In the developing world, mobile money services have promise as an alternative to scarce financial institutions for money transfers, and as ways to reach the previously “unbanked.”

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GLOBAL THREAT REPORT

SaaS web security provider ScanSafe has issued its “Annual Global
Threat Report” which reveals that there has been an explosive growth in malware
throughout 2008. ScanSafe noted that there has been an overwhelming 582%
growth between like quarters in 2007 and 2008 and a 300% volume ratio
increase from January 2008 through December 2008. Exploits and iframes
were up 1731% in 2008, while data-theft Trojans increased 1559%.
Other key findings from the report include: the Web is now a massive front for data harvesting; the credit crunch is fueling data theft;
trusted sites pose the greatest risk and the energy & oil sector has 400% elevated exposure to data theft Trojans
In April 2008 ScanSafe counted an excess of 780,000 malicious Web pages
from only five vertical interest sectors as a result of a single SQL
injection attack. As a result of the continuing mass compromise of
legitimate websites observed throughout 2008, the standard ‘safe
surfing’ advice of avoiding unknown or non-trusted websites no longer
applies. Today, it is the trusted sites that should be viewed as posing
the greatest risk to Web surfers. The report is based on an analysis of more than 240
billion Web requests processed in 2008 by the ScanSafe Threat Center on
behalf of the company’s corporate customers in more than 80 countries.
It represents the world’s largest security analysis of real-time traffic.

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M2 & ALTAIR

Online transaction processor M2 Global has partnered with prepaid card
provider
Altair designed to help each be a more formidable
competitor in the financial transaction processing, prepaid and debit
card operations business. M2 Global is widely regarded as an
experienced, stable and secure processing firm and will assume
management of Altair’s entire processing capability, including the
operation of its data centers. This move allows Altair to focus more
resources on expanding its innovative card products and building on the
client delivery strengths and positive customer experience it is known for.
Consolidating operations with a strong processor will create added
efficiency and ensure cost competitiveness for both organizations. M2
also brings its patented security and fraud mitigation capability to the
business, a strong value proposition for Altair’s clients. M2 Global is
an online transaction processing technology company
that develops, acquires, operates, holds and licenses software that
enables platform interoperability and in the initiation and settlement
of electronic payments.

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Hypercom Fourth Quarter Revenues Leap 36%

Leading payment terminal manufacturer Hypercom reported that net
revenue for the fourth quarter jumped 36% to $121.6 million. The growth
was largely driven by the 2008 acquisition of the Thales e-Transactions.
Gross profit for the quarter was $32.8 million versus $24.6 million for
4Q/07. During the fourth quarter Hypercom commenced the roll-out of its
“medCompact” healthcare terminal as part of the migration to the
government’s new “e-Health” card program in Germany; introduced
“HyperSafe Secure,” a solution that encrypts cardholder data at the POS
so that sensitive information is never exposed; entered into an
agreement with TASQ Technology under which TASQ will have exclusive
rights to distribute Hypercom’s new 32-bit “Optimum T4205” payment
terminal in Canada for one year; signed Intermarche, one of France’s
leading retailers with almost 1,500 retail outlets, installed and is
successfully using Hypercom’s “Wymix PIN Pad” with contactless reader as
part of the “Payez Mobile” trail for NFC payments in two test sales
outlets in Caen and Strasbourg; received APACS accreditation in the UK
for its “T4200” and “M4200” countertop and mobile payment terminals; and
entered Denmark’s retail card payment sector, commenced product sales
and was in receipt of initial purchase orders from Danish distributor
CTcoin.dk for its “Artema Hybrid” payment terminal. For complete details
on Hypercom’s latest performance visit CardData ([www.carddata.com](http://www.carddata.com)).

HYPERCOM REVENUE HISTORICAL
4Q/06: $64.8 million
1Q/07: $64.8 million
2Q/07: $67.5 million
3Q/07: $70.8 million
4Q/07: $89.5 million
1Q/08: $71.7 million
2Q/08: $125.4 million
3Q/08: $122.2 million
4Q/08: $121.6 million
Source: CardData (www.carddata.com)

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HI5& PAYMO

Social entertainment site hose hi5 and mobile payment network Paymo have
teamed to make “hi5 Coins” virtual currency available to 24
countries. The partnership extends hi5’s global reach, by providing the
ability to accept direct user payments from millions of consumers around
the world who do
not have or do not want to use credit cards. Over 75% of the online
community
worldwide does not have a credit card, but 3 billion consumers own a
mobile phone.
For consumers, Paymo provides an easy, fast and safe way to pay online.
You don’t need a credit card, or a bank account. You don’t need to
register. Simply by
entering your mobile phone number and replying to a text message you can
make a purchase. The charges are deducted from your pre-paid balance or
appear
on your monthly cell phone bill. For merchants, Paymo handles all the
user billing,
provides a simple electronic confirmation of the purchase and settles in
the
merchant’s chosen currency.

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