NEOVIA BOARD

NEOVIA Financial Plc (formerly NETELLER Plc) has named John Bateson and Jonathan Comerford as new non-executive directors. Formerly with the corporate finance department of NCB, an Irish stockbroker, and KPMG, Bateson holds a number of other directorships including Barchester Healthcare Limited, Datalex and Mid-States. Formerly with McKinsey & Co, Comerford holds a number of other directorships including acting as Chairman of Mountain Province Diamonds. NEOVIA Financial provides online payment services to consumers and merchants in over 160 countries.

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Less Time Spent on Bank Web Sites

A new report finds that rising unemployment, the credit crisis and the overall poor health of the U.S. economy have taken their toll on consumer bank accounts. comScore says it is seeing shifts in the way consumers manage their finances online, such as less frequent and shorter visits to their banking Web site, which has significant implications for marketers trying to reach new and existing customers.
Four out of the top 5 online banking sites experienced declines in the average number of minutes spent per visitor in the third quarter versus year ago, with Wachovia down 12% and Chase down 8%. BofA was down 6% and Wells declined 7% during the same period. ComScore concludes that this new competitive landscape, along with banks’ thirst for capital in today’s economic environment, has prompted many to adjust their marketing budgets and their strategies. Larger banks are launching aggressive customer-acquisition campaigns, offering significant monetary incentives, often in the amount of $75, $100 and even $200, to customers willing to open an account with the bank. The study findings will be discussed in greater detail during a comScore webinar presentation on Tuesday, January 27th.

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Fifth Third’s EPP Slips 2% Sequentially

Fifth Third Bancorp reports that fourth quarter electronic payment processing revenue of $230 million declined 2% sequentially and increased 3% from a year ago. Merchant processing revenue was relatively flat sequentially and compared to the previous year, as the benefit of continued account acquisition was offset by a decline in average dollar amount per credit card transaction due to lower consumer spending. Card issuer interchange revenue declined 2% sequentially, driven primarily by a decline in the average dollar amount per debit and credit card transaction. Interchange revenue increased 7% from the previous year, driven by higher credit card transactions as a result of the Bancorp’s credit card growth initiative, partially offset by a lower dollar amount per transaction. Financial institutions revenue decreased 3% compared with the previous quarter, relating to lower transaction volume in a weaker economic environment, and grew 4% from the fourth quarter of 2007 on higher transaction volumes as card use continues to replace cash at the point of transaction. For complete details on Fifth Third’s fourth quarter performance visit CardData ([www.carddata.com](http://www.carddata.com)).

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HSBC & GPN

Euronet Worldwide’s prepaid subsidiary e-pay Australia has entered into
an exclusive long-term prepaid distribution agreement with Vodafone
Australia. Vodafone has appointed e-pay as its exclusive agent in
Australia to distribute Vodafone Prepaid Recharge products through
retail channels. e-pay shares a long-standing partnership with Vodafone
and the exclusive agreement will offer retailers
greater certainty and long-term reliability for the supply of Vodafone
Prepaid Recharge products. Euronet’s global payment network includes
10,384 ATMs
and approximately 55,000 EFT POS terminals which are under management in
21 countries; a growing portfolio of outsourced debit and credit card
services and card software solutions; a prepaid processing network of
approximately 409,000 point-of-sale terminals across approximately
212,000 retailer locations in 14 countries; and a consumer-to-consumer
money transfer network of approximately 73,000 locations serving
approximately 100 countries.

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INGENICO 4Q/08

Ingenico’s consolidated revenue for the fourth quarter rose 42% to 224 million euros. During 2008, the Company sold more than four million terminals. On a pro-forma basis, including Sagem Monetel in 2007 and 2008 and at constant exchange rates, fourth quarter revenue rose 5% year on year. In the fourth quarter, the Chinese market posted revenue of almost 20 million euros, compared 2 million euros in 4Q/07. This performance was due to both the Ingenico China subsidiary and Fujian Landi, a company acquired at the end of June. During the fourth quarter Ingenico unveiled its new marketing and strategic vision “Beyond Payment” and obtained the market’s first “PCI-PED 2.0” approval for a CounterTop terminal. Ingenico says the exposure of the group to reduced consumer spending remains limited and Ingenico has not, to date, observed any delays in decision making of its customers. Finally, it believes that current economic conditions do not compromise its medium-term growth potential, which is supported by recurring needs and strong demand in technological innovations. For complete details on Ingenico’s fourth quarter performance visit CardData (www.carddata.com).

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XIRING Q4

Security solution provider XIRING experienced an increase of 35%
compared to Q$ 2007 and reached its annual turnover objective of 28.5
million euros an increase of 20% compared to 2007 and more than doubled
since 2006. This turnover was mainly generated abroad, with the
continued deployment programs of Xi-Sign solutions with 12 client banks
in the United Kingdom and the
start of the Italian Post program. The 4th quarter amounted to 5.9M
euros, with a significant contribution
from France. XIRING completed the delivery of 400,000 Xi-Sign solutions
to Group Banque
Populaire, the first French banking group to adopt a strong
authentication solution to reinforce the
security of its online banking service.

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Recession May Have Hit a Bottom in October

A monthly index appears to show slight upticks in November and December
after a record decline in October. The SAGE “Consumer Balance Index” has
retraced seven points of its 22-point decline that began in November
with a drop from 95 to 87 points. The largest decline in the “CBI” came
in October when it dropped ten points from the previous month to a low
of 73 points. SAGE says more consumers in January than in December
reported they had money left over for savings at the end of the month.
The “Index” that tracks active shopping for new cars, housing, and eight
other major goods declined 14 points, from 95 in December to 81 in
January. The largest declines in active shopping are for carpeting,
furniture and housing. SAGE suggest the signs are that the recession
reached a bottom in October, but it is not clear that the recession has
reached its “absolute bottom.”

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NHS & NEOVIA

The National Health Service has selected NEOVIA as its payment processor
for training payments. NEOVIA will be providing the “NETBANX Payment
Gateway” from its Payment
Suite of products and services. This means that NESC can take card and
non-card payments, including bank transfer payments, directly from its
website for training courses offered. NHS South Central covers the
counties of Berkshire, Buckinghamshire,
Oxfordshire, Hampshire and the Isle of Wight. There are 24 NHS
organisations across the South Central region,
which provide healthcare to around four million people.

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NOV INDEX

The Conference Board Leading Economic Index declined 2.2% and The
Conference Board Coincident Economic Index decreased 0.5% in November.
The Leading Economic Index continued its sharp downtrend in
November. Two of the seven components in the leading economic
index increased in November. The positive contributors are inventory
change series and gross enterprises and properties income. Negative
contributors are new orders in
investment goods industries, stock prices, consumer confidence, yield
spread and new residential construction orders. Since May
2008, the LEI has declined by 8.0% (about a -15.3% annual rate), well
below the 3.9% decline (about a -7.7% annual rate) between November 2007
and May 2008. However, the strengths and
weaknesses among the leading indicators have become balanced. The
Coincident Economic Index, a measure of current economic
activity, declined for a third consecutive month in November led by
decreases in industrial production and manufacturing sales. Real GDP has
declined at a 1.9% average annual rate during the second and third
quarter of 2008, well below the 3.5% average annual rate of increase
during the fourth quarter of 2007 and first quarter of 2008.
The declining composite indexes continue to suggest that economic
activity is likely to remain weak going into 2009 and that the current
contraction in economic activity may become deeper in the near term.
The leading economic index now stands at 94.7 (2004=100).

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USPTO Approves ID Analytics Patent

CA-based ID Analytics has received a patent for its method for
identity-based fraud detection technology.
ID Analytics’ patented technical approach combines three unique
capabilities to assess risk related to identity fraud across all
consumer touch points. The capabilities include the “ID Network” a
real-time, cross-industry compilation of identity
information; “Personal Topology” which analyzes an individual’s
particular identity
characteristics and their connectedness to each other; and ID Analytics’
proprietary “Advanced Analytics”. This approach uses link analysis to
identify anomalies in the
relationships between people and their individual identity elements such
as name, address and phone number. The patented Advanced Analytics
technology scans billions of identity elements within the ID Network to
find those anomalous relationships in real time and deliver an identity
risk score that reflects the likelihood of fraud. ID Analytics’
patented technology detects all types of identity fraud, including identity
theft, synthetic fraud (fake identities), family fraud, and account
takeover.

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PaymentsGateway Extends its Free Offer

TX-based payment processor PaymentsGateway is now offering an extension
to its “Free E-Commerce Service Offer”. The service is free to new
resellers until January 2010 during which resellers will keep 100% of
what they charge their merchants for all
services. After the introductory period, resellers may continue to
utilize the PaymentsGateway offerings for their merchants at the
reseller rate schedule, which is one of the most aggressive gateway
services rate available. PaymentsGateway features the industry’s
premier Virtual Terminal
solution which utilizes the latest in Web 2.0 technologies to maximize
ease of use and customization options. PaymentsGateway also features
instant online merchant enrollment, private labeling, works with most
major credit card processors and is also compatible with most major
e-store/cart software.

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New Suze Orman ID Theft Kit Released

Suze Orman and identity theft protection TrustedID have released the new
edition of “Suze Orman’s Identity Theft Kit”. The kit offers a unique
set of proactive protections
to prevent identity theft. The kit starts with an anti-spyware
installation to safeguard personal information stored on each consumer’s
PC, and progresses with just a few effortless keystrokes to employ more
than a dozen unique defensive measures to secure financial and personal
information — everything from bank accounts to medical records. “The
Suze Orman Identity Theft” kit constantly monitors public, private,
and compromised databases to ensure that the identities of individuals
and families has not been breached. The kit also provides consumers with
an on-call identity theft protection team ready to assist with any
questions and concerns, and is backed by a $1 million service warranty.
In addition, the kits helps consumers place fraud flags on their credit
reports to prevent anyone from opening new credit accounts in their name
without their explicit permission.

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