THE WAY WE PAY

Regarding the manner in which UK consumers conduct retail transactions,
both online and at physical stores, research shows check spending has
declined 7.5% thanks to less retailer acceptance. Plastic card spending
accounted for 65% of all UK retail spending, with recent trends favoring
that of debit card over credit card spending. Additional figures show
for retail spending, which totaled GBP261billion for the year, debit
card spending rose by 11% in 2007 accounting for 42% of retail spending
(GBP109billion), while check volume decreased 13% for 2007 accounting
for 3% of retail spending, and cash was used for 32% of retail spending.
This increasingly less frequent acceptance of checks by retailers has
led to a subsequent migration to debit card payments, down 33% and up
31% since 2004, respectively. These statistics were compiled by APACS in
its recently published “The Way We Pay” annual report, reflecting
statistics generated by APACS members.

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Parcxmart Card Takes-Off in New Haven

The multi-application “Parcxmart Card” program in New Haven, CT has reached $905,000 in transaction volume at parking meters and local merchants and plans to reach $1 million in July. Parcxmart’s multi-application smart card is the first card of its kind to provide consumers with a means to pay for both on-street and off-street parking as well as goods at local merchants. Parcxmart’s merchant network built around the parking zones eliminates the need for the city to market and sell cards to consumers as well as manage card transactions. New Haven has also expanded upon the first year of the card’s success by becoming the first city in the nation to extend the use of the card for personal identification as well as for parking payment and purchases at local and regional merchants.

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NCR 1Q/08

NCR reported first quarter revenue of $1.18 billion, a 19% increase over 1Q/07 and net income $49 million compared to loss of $9 million in the year ago quarter. NCR has changed its financial reporting from global business units to reporting on a geographic basis. Revenue growth in the Americas region of 15% was driven primarily by sales growth to financial institutions and retailers. In the Europe-Middle East-Africa region, revenues increased 30% as every major country experienced revenue growth. NCR experienced 7% revenue growth in the Asia-Pacific-Japan region. During the first quarter NCR began the worldwide rollout of its “SelfServ” ATM family; introduced the “FastLane Self-Return” solution; and extended its self-service portfolio into the digital media market with “Xpress Entertainment.” NCR now expects 2008 year-over-year revenue growth of 5% to 7% from continuing operations, up from previously provided guidance of 3% to 5% revenue growth. For complete details on NCR’s first quarter performance visit CardData (www.carddata.com).

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Metavante Powers Mountain 1st Bank

NC-based Mountain 1st Bank and Trust has selected Metavante’s “Integrated Banking Solution” for its core processing. The inclusive agreement includes offerings from Metavante’s consumer and business electronic banking solutions, electronic fund transfer and card, customer relationship management, branch and merchant capture, and risk and compliance. Mountain 1st Bank and Trust is one of the fastest growing de novo community banks in the Southeast.

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DRM & GPD/STIP SPECIFICATION

Calton Hill application provider has deployed GlobalPlatform’s GPD/STIP
Specification device software platform for its “Digital Rights
Management” (DRM) solution. This will allow Calton Hill to provide such
digital content as video, data and music with its “SecureSharing”
solution, the first commercial usage of the GlobalPlatform device
technology. The files are stored on SanDisk “TrustedFlash” cards and can
only be read by GlobalPlatform-compliant mobile devices, 75% of which in
the market are compatible with the new solution. Calton Hill provides
security critical software and contributed significantly to the
development of GlobalPlatform STIP Specifications, which is a member
driven association providing smart card infrastructure development for
cards, devices and systems to organizations around the world.

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MOBILE MONEY

Montise and Metavante have partnered with Carphone to launch a “mobile
money” scheme with the “Carphone Warehouse Prepay Card.” Managed from
the user’s mobile phone, the prepaid card, which will be generated and
provided by Metavante Technologies, can be used for transactions with
millions of outlets worldwide, while Monitise will offer access to
mobile banking and the payments network. Over a secure application
stored on the mobile handset, this mobile management allows customers to
“top-up” the card directly from their bank account and the ability to
spend up to the value of credit at the time, protecting users from
overspending. Metavante Technologies provides banking and payments
technologies to over 8,000 financial firms and businesses around the
world while Monitise is a specialist in mobile banking, payments and
commerce technology.

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ACI’s First Quarter Revenues Inch Up

Electronic payment systems software provider ACI Worldwide reported revenue of $92.6 million in the quarter, a 3% over the prior-year period. Net loss for the quarter was $3.5 million, compared to net loss of $0.4 million during the same period last year. The Company says there was renewed investment in product development and in services personnel to manage both the migration of customers to its latest “BASE24” offering as well as the implementation of the record new accounts it booked in prior quarters. During the quarter ACI added new BASE24-eps customer locations in Romania and Kyrgystan; in Thailand Kasikorn Bank purchased a global payment hub comprised of multiple products in an IBM environment. ACI has more than 800 customers in 88 countries. For complete details on ACI’s latest performance visit CardData ([www.carddata.com][1]).

ACI REVENUES
1Q/07: $89.9 million
2Q/07: $98.1 million
3Q/07: $84.7 million
4Q/07: $101.3 million
1Q/08: $92.6 million
Source: CardData (www.carddata.com)

[1]: http://www.carddata.com

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NETBANX

easyBus airport transfer operator is among merchants having recently
deployed NETELLER’s “NETBANX” international payment gateway service,
which allows customers to pay online in their own currency and language
with a range of payment options. Moreover, “NETBANX” provides
multi-lingual pay pages allowing merchants to collect payment from
consumers in the language of their preference, in-stream Dynamic
Currency Conversion (DCC) allowing acceptance of most currency, supports
all major international card payment brands and supports various
European card payment types for a wider range of payment options and a
correlating range of customers. The NETELLER Group provides its payment
services to retailers and merchants in over 160 countries.

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CSI Expands its Fleet Fuel Card

FL-based CSI Enterprises has introduced its “Fleet Fuel Card” to the small business fleet market, normally reserved for large fleets, to help counteract surging gas prices. In doing so, the “CSI Universal Fleet Fuel Card” not only reduces gas expense, but offers card control features as well. These features include finding the lowest gas prices in town, receiving discounts at the pump directly and online card management with real-time data. CSI Enterprises Inc. is a corporate asset management and payment network providing financial payment products for a range of products across North America and the Caribbean.

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ACI 1Q/08

Electronic payment systems software provider ACI Worldwide reported revenue of $92.6 million in the quarter, a 3% over the prior-year period. Net loss for the quarter was $3.5 million, compared to net loss of $0.4 million during the same period last year. The Company says there was renewed investment in product development and in services personnel to manage both the migration of customers to its latest “BASE24” offering as well as the implementation of the record new accounts it booked in prior quarters. During the quarter ACI added new BASE24-eps customer locations in Romania and Kyrgystan; in Thailand Kasikorn Bank purchased a global payment hub comprised of multiple products in an IBM environment. ACI has more than 800 customers in 88 countries. For complete details on ACI’s latest performance visit CardData (www.carddata.com).

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