CITIBANK MASTERCARD COBRANDING

Citibank EMEA has won the long-term achievement award in
co-branding from MasterCard Worldwide. The MasterCard jury recognized that Citi has continuously developed and
delivered across all of its partner segments and become adept at
building brand loyalty and accelerating points input as well as putting
in place channels that are both effective and appropriate for consumers. Citi currently issues co-brand credit cards across nearly all the EMEA
countries in which it does business, from the Nordics to Egypt and from
the U.K. to Russia. With partnerships with leading industry names like,
Vodafone, 02, T-Mobile, BP, Shell, Lufthansa, bmi baby and easyJet,
Citibank EMEA Cards has created long-term links with key players across
a number of industries, as well as building a number of established
partnerships with large retailers, airport shops and duty free that
provide convenient usage and redemption.

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Global Payments has Signed on 9 new U.S. Casinos

Gaming cash provider Global Payments has signed on nine new U.S. casinos. Global Payments will provide services to Casino Queen in East St. Louis, Illinois; San Pablo Casino in San Pablo, California; as well as seven locations for Oneida Casino in Green Bay, Wisconsin. These gaming establishments have signed contracts to offer a number of
Global Payments’ innovative products including “PlayerCash @dvantage”
credit and debit card cash advance services, “VIP Preferred”
check-cashing services, and “ATM Cash @dvantage”, which allows patrons to initiate electronic check transactions at ATMs without casino cage
assistance.

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LUFTHANSA MASTERCARD

Mastercard has unveiled the new “Lufthansa Miles & More Credit
Card” , that offers holders the convenience of
secure Tap & Go payment transactions. The “Miles &
More Credit Card” features a SmartMX security EMV chip from NXP
Semiconductors The card is issued by Deutsche Kreditbank
AG in cooperation with Lufthansa. The new “Lufthansa Miles & More Credit Card” is the first credit card in
Germany to offer MasterCard PayPass, an
innovative contactless payment technology already successfully
introduced at participating retailers in the United States and 23 other
countries worldwide, enables the payment of up to 25 Euros with just a
simple tap of the card over the PayPass reader – no signature or PIN
required. The first MasterCard PayPass terminals in Germany have been installed at checkout counters in the Frankfurt and Munich Airports, and are expected to become more widely available through participating retailers throughout the country.

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Vesdia to Present Maximizing Loyalty Strategies

Loyalty marketer Vesdia will present
“Maximizing Loyalty Strategies: A Case Study with Hawaiian Airlines and Bank of Hawaii” at the ATM, Debit & Prepaid Forum in Arizona. The
participants will outline specifically how they created a
program that provides multiple ways for members to earn miles,
provides reward funding from third party sources and drives
reward redemption. Specific tactics to be discussed include offering multiple ways for customers to earn rewards; creating effective marketing and providing meaningful redemption options.

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CBP’s Conversion to Metavante’s Processing Complete

Metavante and TN-based Community Bank Products have completed CBP’s conversion to Metavante’s prepaid card processing services.
Community Bank Products supports
network-branded prepaid card programs for more than 1,000 reseller
community bank branches across the US. Community Bank Products now has full access to Metavante’s prepaid development team and is preparing
to roll out two new Visa prepaid payroll cards and
general purpose re-loadable cards. CBP reports a 30% year-over-year aggregate growth for the two products
across its entire base of community bank resellers.

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VeriFone Released Vx 700 Payment Module

VeriFone Holdings has released the “Vx 700” electronic payments module for kiosks, vending machines, ticketing devices and traditional cash based systems. The “Vx 700” is well-suited to applications such as parking payment machines that utilize low-power modes when idle, but must power up quickly when a customer is ready to use them. For vending applications,
the “Vx 700” is designed to meet both EVA and NAMA size specifications for maxi bill acceptors common to most machines deployed today. The entire device, including keypad and high-resolution display, is built to fit into standard bill acceptor cutouts making it simple to extend support for magnetic stripe, chip cards and contactless payments into traditional cash-only kiosks, ticketing and vending machines.

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GEMALTO ISO 9001

Digital security provider Gemalto has
been awarded ISO 9001 certification for its year old advanced card personalization center located in Barueri, Sao Paulo. ISO 9001 certification details stringent
requirements for the implementation of quality management and effective
formal processes that result in producing quality products and services
that fulfill customers’ expectations. This certification is of major
importance to Gemalto’s banking customers in Brazil, because it means
that the center’s processes and Quality Management Systems are operating
in a manner that is consistent with world-class quality standards. Gemalto adds this qualification to
existing certifications from Visa and MasterCard, demonstrating its
commitment to delivering premium quality products and services and
achieving the highest levels of customer satisfaction.

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Bill Me Later is Offering $15,000 for Creative Man Cave Ideas

Alternative payment provider Bill Me Later and its retail partners are offering a grand prize of $15,000 for customers to creatively explain their need for a “Man Cave.” Bill Me Later’s retail partners include Dick’s Sporting Goods, Newegg, Fathead, Sports Authority,
FogDog, Lenovo, Blendtec and TigerDirect. A “Man Cave” is a room that includes male-centric décor and is used for
watching sports, shooting pool, and being with the guys. It is
frequently where the cave dweller displays items considered undesirable
for display elsewhere in the home by their significant other. Contestants can log onto www.IWantMyManCave.com for a complete list of
sponsors, rules and deadlines for the “Win a Man Cave” Contest. Each
cave dweller must submit a short essay detailing why they deserve a “Man
Cave”.

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Citibank Offers Rate Accelerator Money Market Account

Citibank is offering highly competitive rates on its 6-month CD and the “Rate Accelerator Money Market Account” when they perform qualifying
transactions, such as direct deposit, debit card purchases or bill payments. A Citibank 6-month CD currently offers the following
benefits: 4.00% APY on a 3.92% interest rate. Benefits of the Citibank Rate Accelerator Money Market Account currently include up to 3.75% Annual Percentage Yield on a minimum balance of $25,000 or more.

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Discover Makes the 2008 InformationWeek 500 List for the Third Year

For the third year, Discover Financial Services makes the “2008 InformationWeek 500” list of the most innovative users of information technology. The company ranked No. 144 overall on the annual list. InformationWeek recognized Discover for its technology success with two projects: creating the technology behind the new Discover “Motiva” Card and testing the viability of mobile banking.

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Wachovia Remains Well Capitalized After Sale of Citigroup

Wachovia announced that it remains well capitalized after the decision to sell certain of its businesses to Citigroup. Wachovia Corporation is supporting its operating subsidiaries including
Wachovia Securities and Evergreen Investments. Wachovia is in a strong
position to provide credit support and overall capital backing to key
businesses, including retail brokerage, asset management, retirement
services and capital markets. In addition, the Federal Reserve Bank
stands ready to provide liquidity as needed. Citigroup’s use of government assistance in
connection with its purchase of certain Wachovia businesses is not
dependent on the financial services relief plan legislation the U.S.
congress has been considering.

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