USA Technologies Expands ePort in Canada

USA Technologies has launched a major expansion program in Canada of
its “ePort” and “ePort Connect” Service. USAT customers are installing
the ePort system in beverage vending machines, coffee brewing machines,
and desktop touch screen entertainment systems, enabling them to accept
credit and debit cards for payment for the first time, as well as to
monitor the performance of these locations via the “USALive” reporting
capability included with the ePort Connect Service with an initial 1,000
connections already completed. To help support its ePort Connect
Service, USA Technologies has teamed with Rogers Wireless
Communications, one of the biggest wireless operators in Canada, to
ensure the most efficient and secure ePort cashless card payment
solution possible. USA has also partnered with an additional credit card
processor to support these customers. e-Port Connect is the first
complete portfolio of secure, high-speed turnkey services that enables
self-serve POS terminals to accept cashless payments, handles all
elements of transaction processing, wireless connectivity and in
addition allows customers to monitor and manage their locations online.

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Aricent to Develop Tradebridge’s Pocit

Communications provider Aricent has entered into a joint partnership to
develop Tradebridge’s “Pocit” mobile banking application. The “Pocit”
application allows anyone with a credit card or bank account to make
payments directly from the mobile application via a cell phone without
having to know the recipient’s specific banking details. Once registered
with “Pocit”, a user can receive, send, request and store money. In
December 2008 the company launched “Pocit Money” which is similar to a
shopping voucher; it allows money to be stored in the phone for multiple
uses. “Pocit Elect” is a world first for elections, based on the model
used by Barack Obama and his team, Pocit Elect takes the idea of
cellphone fundraising for political parties further by giving a single
sms number for donating to any one of multiple political parties.

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WU & FEXCO

Western Union has signed an agreement to acquire the money transfer business of
FEXCO. The transaction, expected to close the first half of 2009 and subject to
customary regulatory approvals and closing conditions, is part of
Western Union’s strategy to be closer to its consumer base and position
its brand for continued growth. FEXCO currently manages and provides all
services and support to more than 10,000 consumer-facing locations in
seven European countries: the United Kingdom, Spain, Ireland, Sweden,
Norway, Denmark and Finland. As a result of this transaction, Western
Union will now directly manage more than 10,000 consumer-facing locations in
seven European countries and provide direct training, marketing and
operations support;have greater influence over the consumer brand experience
and be better positioned in Europe following the implementation of
the Payment Services Directive (PSD), scheduled to take place in
November of 2009, to enter new markets, introduce new products and
services, and expand the type of agents to new classes of trade in
certain countries.

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POSTILION & ANB

The Arab National Bank has selected the Postilion
solution for Card Issuers to manage its card issuance program. The Bank
will introduce instant card issuance at their branches,
provided by Dynamic Card Solutions (DCS), will
improve service for new customers and facilitate the rapid replacement
of lost or stolen cards for current customers. The Postilion
solution will provide the bank with complete lifecycle management for
debit cards, including the secure preparation of production files, PIN
generation, and account status management. Furthermore, the Postilion
solution will help the Bank meet the local SPAN 2 payment processing
regulations. The Bank’s ability to
issue a fully-functional, scheme branded EMV debit card on-demand when
an account is opened optimizes its customer loyalty program, while
immediate transaction activity increases revenue. DCS’ CardWizard
software also enables the Bank’s customers to select their own PINs,
increasing card activation rates and eliminating the expense of PIN mailers.

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DECEMBER LEI

The Conference Board Leading Economic Index decreased by 0.6% in December to 93.8
The LEI has been declining for a year and a half and is now9.9% below its most recent peak level in June 2007. Meanwhile,
The Conference Board Coincident Economic Index (CEI) for the U.K., a
measure of current economic activity, rose 0.1% in December following a 0.1 percent decline in November
and no change in October. The CEI now stands at 103.9.
The Conference Board LEI for the U.K. aggregates seven economic
indicators that measure activity in the U.K., each of which has proven
accurate on its own. The Conference Board Leading Economic Index for the Euro Area was
launched in January 2009. This index aggregates eight economic
indicators that measure activity in the Euro Area as a whole (the bloc
of countries that now constitute the Euro Area, defined by the common
currency zone) rather than indicators of individual member countries.

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Barclays Cuts APRs in the United Kingdom

Barclays has made cuts in its credit card, mortgage and small business
interest rates which are tied to the Bank of England base rate reduction
of 0.5% points and augmented a series of Barclays initiatives designed to
enhance its practical support of homeowners and small and medium-sized
enterprises. Barclays currently has approximately GBP 15 billion in
lending balances in place with SME customers in the UK market, up 6%
year-on-year. Barclays is committed to making at least a further GBP 1.5
billion available to SMEs in 2009, bringing our total commitment to
around GBP 16.5 billion by the end of 2009 and is making available its
“CreditFocus” service free of charge to all UK small businesses in 2009,
whether or not they are a Barclays customer.

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EMONEY & INGENICO

sQuidcard, the eMoney operator has launched the sQuid application on
Ingenico payment devices. sQuidcard provides contactless eMoney
services in retail and campus
networks. sQuid eMoney is an alternative to the debit and credit card
networks for under GBP 10 contactless transactions. sQuid has a
multi-purse capability and is compatible with ITSO (transit)
schemes. sQuid operates enhanced security between the card, the terminal
and the payments engine, and allows additional functions to be delivered
to the card holder and the retailer. This enables a sQuidcard to be used
not only for low value purchases but also as a pre-pay transit card.

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FASTRACK

Wireless technology provider Wavecom is premiering two new members of
Wavecom’s popular Plug & Play family of Wireless CPU devices. “Fastrack
Xtend” provides a highly extendable platform for the creation of
a wide range of M2M solutions, with versions supporting GSM, GPRS, EDGE,
HSDPA, HSUPA, CDMA 1xRTT and CDMA EVDO. All 3GPP versions feature a slot
for adding expansion cards,
enabling customers to add extra functionalities of their choice.
“Fastrack Xtend” comes with both RS232 and USB interfaces, and provides
twin antennae RX diversity for 3G models. It is powered via USB or an
external supply and can be delivered with an internal battery as an
option. “Fastrack GO”, whose line-up offers GSM/GPRS connectivity to
any machine, with EDGE and HSPA versions to follow in the future.
“Fastrack GO” plugs into any device and is then ready to
make the cellular connection and is one of
the world’s smallest ready-to-go cellular modems and comes in
two different configurations, enabling customers to choose either DB9 or
USB interconnectivity.

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SEEWHY LOSS ALERT

Clothing retailer French
Connection stores has gone live with a new Loss Alert
Service powered by SeeWhy Software and fully integrated with Sanderson
RBS’s “Retail-J” point-of-sale system. “Retail-J with SeeWhy” is a
new system that uses SeeWhy’s real-time behavioral profiling to analyze
expected transactions for each store, cash register and cashier, based
on prior data and real-time register information. The continuous,
real-time analytics trigger instant, detailed alerts to regional and/or
store-level managers when fraud or departures from expected activity are
detected, enabling managers to pinpoint the cause of the alert and
address issues as they occur and before substantial loss occurs.
Sanderson RBS provides end-to-end
multi-channel retail solutions to include: EPoS, back office and head
office; mail order; online trading; and wholesale distribution.

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Smart Transaction Systems Deploys HYC M-Net

Smart Transaction Systems has selected Hypercom’s “Mobile Network”
service to extend the reach of its gift and loyalty card programs in the
U.S. and abroad. STS will use Hypercom’s service in combination with
hand held wireless point of sale terminals to allow mobile merchants,
sports events and outdoor venues to accept gift cards or customer
loyalty cards anywhere that cellular GSM/GPRS service is available.
Short-term solutions are available for festivals, concerts and events.
STS also has also successfully completed certification testing on
Hypercom’s “Optimum T4200” and “M4200” multi-application countertop and
mobile terminals including the “T4210,” “T4220,” “T4230” and “M4230.”
Merchants may use any of these models to process STS gift and loyalty
transactions, or for check verification and credit card processing from
a provider of their choice.

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Accor and MasterCard Create PrePay Solutions

Accor Services and MasterCard Europe have teamed to form a JV called: “PrePay Solutions.” The joint venture makes Accor Services the majority shareholder at 67%, while MasterCard Europe holds a 33% stake in the company. PrePay Solutions markets prepaid card-based solutions that enable corporations, public sector and financial corporations to reduce costs and enhance efficiency. Both organizations and consumers benefit from the ease, security and convenience of card-based solutions in areas such as rewards and loyalty, gifting, expense management, and card payment for under banked people. The creation of PrePay Solutions is underpinned by Accor Services’ subsidiary PrePay Technologies – a U.K. market leader in prepaid cards – and acquired in 2007 by Accor Services. PrePay Technologies’ nine-year strong marketing and operating experience has already helped to bring more than 20 million cards covering a broad range of prepaid solutions to the UK, and also includes a license to issue e-money in 17 European countries.

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Swipe Physics and MeritCard Team

Payment solution provider Swipe Physics has partnered with MeritCard
Solutions to work with small and mid-sized companies to develop card
payment solutions. Swipe Physics merchant solutions will be
incorporated into all business
dealings when e-commerce and other forms of credit card processing are
required by a client. The partnership will provide comprehensive
payment solutions to help businesses collect money and offer payment
options to their clients in the Cleveland,OH area and nationwide. This
program enables companies to remain competitive by offering multiple
payment options that help streamline accounts receivable, while reducing
collections.

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