FiCentive and Encompass Team for a MC

Prepaid card solution provider FiCentive has signed a
multi-year agreement with Encompass Communications to deliver
instant issue “Encompass Prepaid MasterCard”. Encompass Communications
is a retail distributor of
prepaid calling cards, brand recognized wireless top-up PINs and gift
cards by placing card kiosks in these retail outlets. The cards that are
represented by the kiosks include Radio Shack, Sears, iTunes,
Blockbuster, Home Depot, and many more well known brands. It is
anticipated the cards will be available for distribution in 1,000
retail stores by the end of the fourth quarter of this year.

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BRAC & MC

The MasterCard Foundation and BRAC announced a $19.6 million program
to expand financial services to the poor
across Uganda, benefiting approximately 2 million people. This
initiative will demonstrate for the first time the full potential of
BRAC’s holistic microfinance approach to reduce poverty and improve
livelihoods in Africa. Insights generated from this program will enable
BRAC to accelerate its long-term plan to adapt this approach for other
African countries. Based in Bangladesh, BRAC’s approach, which it
calls “microfinance multiplied,” increases the ability of poor clients
to productively use their loans to augment their incomes and build their
assets, as well as stimulate economic and social development within
their communities. Working with the MasterCard Foundation, BRAC is
poised to become one of Uganda’s most effective institutions serving
significant numbers of rural households. BRAC recognizes the need of
poor people to have a secure place to save their money and the role of
savings in sustainable microfinance.

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i2c Hires a Marketing/Communications Exec

Payment platform provider i2c has tapped Monika Jerabek as
Manager of Marketing and Communications and will direct i2c’s marketing
and communications strategies and programs to promote i2c as a leading
provider of prepaid payment solutions. Most recently, she managed
marketing and sales support activities for the Czech consulting and
training company Expertis Praha, where she contributed to a 40% increase
in revenues and a 190% increase in training program attendees over four
years. In the Czech Republic, she also ran her own business as a
communications, brand, and design consultant, and she directed Internet
marketing for Internet start-up Globopolis.com. Earlier in her career in
the Silicon Valley, over eight years she drove successful marketing,
design, and production projects for the software-engineering company
Rational Software.

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SMART STICKERS

Contactless solution provider On Track
Innovations has supplied Air New Zealand with
OTI’s smart stickers to help frequent travelers on New Zealand domestic
flights check-in and board faster. Air New Zealand distributed
approximately 100,000 customized OTI smart
stickers to be attached to the back of their mobile phones, which will
serve as a permanent and reusable boarding pass, making the boarding
process paperless. OTI’s smart sticker is an entirely self-contained,
contactless payment device that adheres to multiple surfaces including
mobile phones, PDAs and more. The OTI smart sticker serves to upgrade
products already in circulation, providing a quick time-to-market, cost
effective solution, which is expected to assist issuers in increasing
market share.

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CREDIT EDUCATION WEEK

Credit Canada and Capital One Canada launched Credit Education Week
2008. According
to a recent survey by Credit Canada, 97% of teens are interested in
learning about money management, yet only 13% indicated that they know a
lot about the subject. Credit Education Week 2008 seeks to address this
knowledge gap by teaching teens to save properly and budget
consistently. The event introduced a new interactive budget tracker
called “PiggyPal.ca” that can be downloaded onto a mobile phone to help
keep spending under control. The students also played an on-line trivia
game developed to help teenagers learn the basics of money management in
a fun, competitive way. According to the Credit
Canada survey, ‘How to save money’ is the most important topic for
teens, but only 14% of parents are actually providing an in-depth
explanation of ways to save money to their teenagers and 70% of parents
are willing to top up their teenagers’ allowances on command, preventing
their teens from learning the value of money. Teenagers indicate that
the top three preferences to learning about money and finances are:
taking a class in school; using an interactive tool with parents and
using an interactive tool with friends.

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ACONITE & JWARE

Card processor Jware Technologies payment solution provider
Aconite have partnered with a focus on the issuance and management of
EMV and prepaid card programs. Under the partnership Jware will
provide the turn-key “LPay” front-end and back-end card solution,
including authorizations, fraud detection, clearing, online prepaid
management, security and card management system modules. Aconite will
provide their EMV migration, post-issuance scripting, risk management,
prepaid and contactless solutions as well as the “Affina Enterprise”
smart product management solution.

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RETALIX 3Q/08

Ra’anana-based POS specialist, Retalix, reported third quarter revenues of $56.2 million, a 3% decline year-over-year. Adjusted net income was $2.8 million for the quarter, compared to $4.6 million for 3Q/07. The Company says the broad economic uncertainty that overtook the global markets beginning in mid-September impacted performance as many companies reviewed the timing of technology investment decisions. A number of software license deals were put on hold at the end of the third quarter. During the third quarter Retalix signed a software deal with UK-based Morrisons for 378 stores and 285 filling stations; PetroChina rolled-out Retalix software to 400 retail and petroleum sites across China, as part of its 1,200-site pilot; BP started deployment of Retalix software to its ampm sites in the U.S.; Global foodservice distributor and grocery wholesaler, McLane Company, selected a Retalix transportation software solution for deployment at its 19 grocery distribution centers; U.S-based C&S Wholesale Grocers deployed a Retalix transportation software solution at its 34 distribution centers; and California-based SaveMart Supermarkets deployed an integrated suite of Retalix supply chain and warehouse management applications to its headquarters and three distribution centers. In view of the continued uncertainty in the global economy, Retalix now expects 2008 revenues to be between $221 million and $226 million, GAAP net income to be between $2 million and $5 million, and adjusted, Non-GAAP net income to be between $9 million and $12 million. For complete details on Retalix’s third quarter performance visit CardData (www.carddata.com).

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Summit Partners to Fund VIPGift

TN-based incentive program provider VIPGift has received a majority investment from Summit Partners, a private
equity and a private equity and venture capital firm and
Bridgescale Partners, a late-stage venture capital and private equity firm.
Clients use VIPGift’s products and services for customer
acquisition and retention programs, employee incentive and reward programs, marketing
initiatives, and consumer rebate programs. VIPGift offers a wide array of
customized rewards including points, certificate, and prepaid card based
programs. A. Hamid Andalib, VIPGift’s Founder and CEO, has sold a majority stake
to Summit Partners and Bridgescale Partners. He will remain involved in the
business, both as an investor and advisor. As part of the transaction, Summit Partners and
Bridgescale Partners have brought in Richard Char as President, and
Patrick Gildea as Senior Vice President of Finance and Corporate Development.

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GROUPE AEROPLAN 3Q/08

International loyalty management Groupe Aeroplan has released its third
quarter results.
Gross billings from the sale of miles, points and other loyalty program
units (Aeroplan Miles) issued by the Corporation’s subsidiaries for the
three months ended September 30, 2008 amounted to $355.6 million compared to
$236.9 million for the three months ended September 30, 2007,
representing an
increase of $118.7 million or 50.1 %. While the majority of this increase is
attributable to the inclusion of the consolidated LMG results, Aeroplan
Miles issued under the Aeroplan Program during the quarter increased by
10.3% over
the comparable period of the prior year. Operating income, excluding
amortization of accumulation partners’
contracts and technology, amounted to $68.4 million for the quarter ended
September 30, 2008 compared to $48.1 million for the quarter ended September
30, 2007, representing an increase of $20.3 million or 42.3 %. At the
end of the third quarter, the Corporation had $174.1 million of
cash and cash equivalents and $452.9 million of short-term investments,
for a
total of $627.0 million including the Aeroplan redemption reserve of $400
million. For complete details on Aeroplan’s latest results visit CardData (www.carddata.com).

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TRM Posts its 4th Quarterly Positive EBITDA

Portland, OR-based TRM reported third quarter net sales of $8.7 million, a 5% year-on-year increase. The growth was primarily attributable to increased transactions driven by the acquisition of Access to Money and the increase in the average number of transacting ATMs offset by a slight decline in the average withdrawal per ATM per
month. The adjusted EBITDA rose for the fourth consecutive quarter to $0.9 million as the company continued to manage expenses downward including the renegotiations of various contracts. TRM, the third largest non-bank ATM network in the U.S., also reported that the average number of transacting ATMs was 11,813 during the third quarter, compared to an average of 10,176 for 3Q/07. The average transaction-based sales per withdrawal was $2.35 per withdrawal, compared to $2.39 per withdrawal in the third quarter of last year. During the third quarter TRM renewed its contract with AMF Bowling and re-located substantially all of its customer service staff to its expanded Whippany, NJ office. For complete details on TRM’s third quarter performance visit CardData ([www.carddata.com](http://www.carddata.com)).

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GLOBALCOLLECT & SECOND LIFE

GlobalCollect has partnered with Virtual Service Provider DX Exchange
to allow players of the virtual world “Second Life” to exchange Euros for Linden
Dollars, the currency used to pay for goods and services offered in
Second Life. The newly formed
cooperation between DX Exchange and GlobalCollect enables European
Second Life Residents now to acquire Linden Dollars by paying in Euros
and soon British Pounds and select from a choice of
preferred local payment options while receiving local language support via GlobalCollect’s online payment platform
“WebCollect”.

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AccuPOS for QuickBooks Cited as Awesome

CA-based POS solution provider AccuPOS is the recipient of the The
Sleeter Group’s “Awesome Add-ons for
QuickBooks” award. Products selected for the honor must meet
the following criteria which includes superior design, implementation
and features,
integration with QuickBooks using best practices of the QuickBooks
SDK programming guidelines; the ability to use appropriate transaction
types and field population for
recording data into QuickBooks so as to preserve and/or enhance the
standard reporting features in QuickBooks; and conform to good
accounting principles and operating standards.
With AccuPOS, retailers gain more control over their business while
spending less time in the back office and more time on their customers.
AccuPOS provides retailers an affordable and reliable POS solution that
takes the guesswork out of the sales and inventory process and keeps
them focused on the actual sale. The Sleeter Group is a nationwide
community of experts who provide
QuickBooks consulting services to small business owners.

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