AmEx Continues its U.S. Open Sponsorship

American Express enters its 15th consecutive year as sponsor of the US
Open tennis tournament with Cardmember only exclusives. American
Express is offering free personal televisions to borrow for the day to
enhance the live tennis experience, free radio devices at the Open to
listen to the play-by-play commentary and current match updates that
tune into other FM radio stations so Cardmembers can use them after the
Open. Additionally, a limited edition commemorative US Open
2008 poster designed by celebrated graphic designer Milton Glaser,
creator of the iconic “I Love New York” will be available
exclusively to Cardmembers who charge a cumulative $75 or more at any
on-site US Open merchandise vendor, restaurant or concession stand with
their American Express Card.

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FDC & ALIOR

First Data has signed agreements with Alior Bank as its 45th client in
Poland for which it will provide various card services come September
2008. For the new bank, First Data will provide such services as card
issuing, card personalization, management of the institution’s card
databases, authorization, card transaction calculations, management of
customer charge backs, ongoing transaction monitoring and other advanced
technologies such as fraud solutions. First Data information commerce
has operations in 37 countries serving over 5.4 million merchant
locations and more than 2,000 card issuers, for which the company
provides PIN-secured debit acceptance at 2.1 million ATM and retail
locations.

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Jack Henry’s Q2 Revenues Rise 11%

Jack Henry reported that second quarter revenue increased 11% to $188.7
million. However, gross profit decreased to $75.7 million compared to
$78.4 million. EFT Support, which includes ATM/debit card processing,
bill pay, remote capture and “Check 21” transaction processing services,
had the largest percentage growth of 23% or $6.6 million in the quarter
compared to the same quarter a year ago. But,
license revenue fell off dramatically for the quarter compared to last
year and slightly for the year which had a significant impact on both
top line revenue and gross margin. The Company’s support and services
revenue continues to grow at a very healthy pace driven by its
electronic processing services which include ATM/Debit card, bill
payment and remote deposit capture. For more details on Jack Henry’s
latest results visit CardData ([www.carddata.com](http://www.carddata.com)).

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TRITON TAKEOVER

Nautilus Hyosung ATM hardware/software manufacturer has announced its
intentions to buy Triton Systems of Delaware ATM manufacturer from Dover
Corp. for 63.9 billion won (US$63 million). Nautilus Hyosung software
and hardware is used in 40% of South Korea’s ATM market for which it
also provides its service and maintenance. In 2007, Nautilus Hyosung
disclosed the organization generated sales of 350 billion won.

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U.S. Bank Buys Palm Desert EBS

U.S. Bank will purchase the ATM and kiosk terminal management services,
cash management and vault cash operations of the Electronic Banking
Solutions (EBS) Division of Palm Desert National Bank to become part of
Elan Financial Services, a business of U.S. Bank that provides
electronic funds transfer (EFT) and payments services. Elan will become
the nation’s leader in providing ATM and kiosk vault cash, ATM
operational support, and other related services. EBS manages nearly $1
billion in vault cash in more than 22,000 ATMs and advanced function
kiosks nationwide. Approximately 60 PDNB employees will become employees
of U.S. Bank as part of the acquisition.

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WU MARKETING

The Western Union Company has selected Publicis Hong Kong as its
first-ever global advertising agency of record to launch a brand
campaign later this year. Working with Publicis Hong Kong will optimize
the global brand for Western Union in each of the 200 countries and
territories in which it operates. The decision to partner with the
company follows nearly eight months of research and development on
Western Union’s behalf of brand concepts in numerous countries among
varying ethnic groups, targeting both current and potential customers.
Western Union and its affiliates offer global money-transfer services
through over 355,000 agent locations across the globe while Publicis
Hong Kong is a division of Publicis Groupe communications group, which
has activities in 104 countries and employs approximately 44,000
professionals.

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Barclaycard Names a New U.S. CMO

Barclaycard US has appointed Michelle Bottomley its Chief Marketing
Officer of its credit card division to oversee targeted marketing
programs, marketing analytics, communications and brand development,
bringing with her a wealth of experience gained through her 11 years
with Ogilvy & Mather Worldwide, most recently as Chief Operating
Officer, to oversee the initiating of marketing campaigns on behalf of
American Express, Barclays Global Investors, Cisco Systems, DuPont,
Sears, AFLAC, Continental Airlines and Yahoo!. Prior to serving at
Ogilvy & Mather Worldwide, Bottomley was VP of database marketing with
Epsilon, in marketing roles with Bronner Slosberg Humphrey and as a
business analyst with Liberty Mutual Insurance in Boston, respectively.
Barclaycard US creates customized co-branded credit card programs for
various organizations and employs 1,200 associates.

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CASH-CONNECT & MY CASH-I

For its newly launched “RHB Cash-Connect” and “Islamic My Cash-i”
MasterCard debit cards, RHB Bank Bhd is expecting 200,000 new customers
within the first 12 months. These customers can take advantage of the
0.5% cash back feature, can access funds worldwide through the
Mastercard Cirrus network and can access funds locally through the MEPS
network. “RHB Cash-Connect” customers will be provided a high interest
rate of no more than 3% per annum for the first three months and “My
Cash-i customers” will be afforded access to the “Global MasterCard
Network” via the RHB Wadiah savings account. RHB Bank has 1.7 million
savings and current account users.

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JUNE DEBT

Credit card debt continued its rebound in June, hitting a record A$44.7 billion, after stagnating for most of this year. Credit card volume remained steady in June hitting A$18.2 billion. Year-on-year credit card debt has increased 10%, compared to June 2007, while card volume is up 10% year-on-year. However, credit card volume has been slowing over the past year due to merchant surcharges imposed on consumer card transactions. Two months ago credit card volume was up 16% year-on-year. Credit card limits reached a new high at A$119.7 billion, marking the 22nd consecutive month of A$100+ billion. According to the Reserve Bank of Australia there are currently 14.2 million credit card and charge card accounts in Australia, compared to 13.5 million one-year ago.

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LifeLock Fraud Advisory Board is Formed

Identity protector LifeLock has formed “The LifeLock Fraud Advisory
Board” and developed a comprehensive group of fraud
and privacy experts who will provide insight on identity theft and fraud
trends. The Fraud Advisory Board is composed of nine board members which
include Souheil Badran, SVP AND GM of eCommerce Solutions for First
Data; Robert Blattberg, Professor of Marketing and Director of the
Center for Marketing Technology and Information at the Tepper School,
Carnegie-Mellon University; Frank Caruana, LifeLock Director of Consumer
Products; Ori Eisen, Founder and Chairman of the 41st Parameter; Tim
Grace, CEO and President of BasePoint Analytics.
Joel S. Lisker, Senior Vice-Chairman of Dudinsky Lisker &
Associates; Bruce Lowthers, Jr. – GM and SVP
of Global Software Services for Fidelity National Information Services.
Kevin Mitnick, considered the “World’s Most Famous Hacker,” and Lyn
Porter – Senior Director of Global Merchant Risk Management
for PayPal.

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Visa and Banks Test Transaction Notification

Visa and eight top banks have agreed to initiate a pilot program with
up to a total of 2,000 participants to test the delivery of real-time
notification alerts on Visa accounts. PNC Bank, SunTrust, U.S. Bank,
Wachovia, and Wells Fargo, Royal Bank of Canada, TD Bank Financial
Group, and Vancity in Canada have opted to test. Participants will
receive notification alerts from Visa through email or SMS delivered
directly to their mobile devices. Through the alert received via email
or SMS text, cardholders can verify the transaction details, and if the
transaction appears to be irregular, can immediately contact their bank
to help stop further transactions on the card. Visa began testing mobile
notifications in 2007, beginning with an internal employee pilot. Mobile
alerts are part of a suite of mobile services that are supported by the
“Visa Mobile Platform,” which was created to help financial institutions
tap into mobile technology to deliver enhanced products and services.

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