SmartCard Marketing Systems has signed a private label bill payment
agreement with TX-based Payment Data Systems for its prepaid cards,
stored value cards and transaction processing services. With these
agreements, Payment Data will add its payment services to the financial platform, providing
account holders the ability to pay bills online with over 3,200 billers
across the country. provides Money Service for payment
gateways to merchants and consumers with processing of funds,
remittances, credit cards and PIN debit
card processing over the Internet while Payment Data Systems provides
merchants, billers banks, service bureaus and card issuers with
integrated payment solutions .



ID Data Group has won the contract to provide its Multos
multi-application smart cards to Buypass security and payment services
solutions. This contract is worth $5 million, will be fully deployed
during the financial year ending March 2009 and is expected to provide
one of the largest global implementations of Multos technology in the
history of the organization. ID Data has been a Multos issuing partner
for 3 years and provides companies around the world with smart cards and
smart card solutions.


Alta Vista CU to Offer Special NCR ATMS

CA-based Alta Vista Credit Union is offering its 13,000 members NCR’s “self-healing” ATMS which offer envelope-free deposits. The NCR SelfServ family offers “Intelligent Deposit” and self-healing technology that allows the ATM to quickly recover from soft failures with no need for service intervention. The AVCU order includes NCR “SelfServ 30 Series” ATMs, which offer the most comprehensive capabilities, NCR’s “APTRA” software and a three-year second-line services agreement.


Coinstar 1Q/08 Revenues Climb 44%

Coinstar reported that its first quarter revenues climbed to $190.5 million. The results for the first quarter reflect two recent transactions. First, effective January 1st, the Company completed the acquisition of GroupEx Financial, JRJ Express, and Kimeco for an aggregate purchase price of up to $70 million. Second, on January 18th, the Company increased its ownership interest in Redbox from 47.3% to 51.0%. Accordingly, Redbox Automated Retail, results were consolidated into the Company’s financial statements with an offset recorded to minority interest for the 49% Coinstar does not own. The consolidation of Redbox resulted in a material increase to revenue and EBITDA for the first quarter of $57.8 million and $11.5 million, respectively. For complete details on Coinstar’s latest performance visit CardData ([][1]).

1Q/07: $132.3 million
2Q/07: $137.4 million
3Q/07: $143.4 million
4Q/07: $133.3 million
1Q/08: $190.5 million
Source: CardData (



Consumers Union Praises New OTS Rules

The Office of Thrift Supervision has proposed new rules for unfair banking practices for more-thorough consumer protection from abusive practices. In doing so, the proposed reformations would prohibit savings associations from engaging in certain unfair and deceptive practices, which is praised by the Consumers Union, and include rules such as the elimination of late fees if the bill was mailed to the consumer less than 21 days before the due date, payments allocation to the benefit of the consumers in regards to best interest rates, no interest on money already borrowed nor already repaid and the elimination of card/overdraft program fees restricting anymore than 10% of the credit line with fees. The Consumers Union, however, is still advocating for the restriction of fees for credit card phone payments, the banning of over limit fees if the credit card issuer approved the charge and a halt to overdraft and bounced check fees on bank accounts resulting from check holds and debit holds, issues not among those addressed in the recent OTS proposals.


nFinanSe Names a New Compliance VP

FL-based nFinanSe has appointed Kenneth Lawson, previously with Booz, Allen Hamilton, as its VP of Compliance. At BAH he directed an international, anti-money laundering, anti-corruption and counter terrorist project for the government of Indonesia. Previously, Lawson held positions with the U.S. Department of Homeland Security and the U.S. Department of Treasury. At the Treasury Department, Mr. Lawson served as the Assistant Secretary of Enforcement and assisted in the implementation of the US PATRIOT ACT’s anti-money laundering/counter terrorist financing regulations. Prior to this, Mr. Lawson was with the U.S. Attorney’s Office for the Middle District of Florida. He served in the U.S. Marine Corps from 1991 to 1994 as a Judge Advocate, Captain, and is a 1991 graduate of the Florida State University College of Law.



JPMorgan Chase has teamed with the Canadian Cancer Society to introduce
the “Canadian Cancer Society MasterCard “, designed to help fight cancer
by generating donations. In doing so, when consumers use the credit card
for typical purchases, 1% of the total will be donated directly to the
Society and, for those who have donated over $25 or more throughout a
1-year period, cardholders will be given a tax receipt. Statistics show
nearly two in five Canadians will develop cancer, 60% of whom survive
thanks to research funded by the Canadian Cancer Society, while an
estimated 35,000 women will die in 2008 resulting from cancer, 38,800
men will die from cancer in 2008, 1,026,700 potential years were lost in
2004 because of the ailment and 42% of new cases occur among those who
are at least 70 years old.
The Canadian Cancer Society funds nearly $47 million in research
projects across the country while JPMorgan Chase employs over 1,600
Canadians across the country.



Research conducted on common financial practices in Greece, Poland,
Romania and Russia has demonstrated varying degrees of difference.
Greece typically has relaxed payment terms with long credit terms and
subsequent limited liquidity while 9% of Polish invoices are paid on
time resulting in lower outstanding debts. In Romania, 90% of companies
have their customers’ credit standing checked before deals are concluded
and Russian organizations tend to conduct fewer customer credit checks.
The EOS “four-nation survey of ‘Payment practices in Europe’ in 2007”
was conducted in October 2007 through surveys of 200 companies in
Greece, Poland and Russia respectively, and 45 in Romania, in regards to
typical payment practices in their respective countries.


Diebold Revenue Rises 8% Over 1Q/07

Diebold reported estimated first quarter 2008 revenue of $700.2 million, an increase of 8.1% compared to revised 2007 first quarter revenue estimates of approximately $647.7 million. These estimates are preliminary and actual results may differ materially. Revenue estimates for the first quarter 2008 and revised first quarter 2007 revenue estimates are as follows (in thousands):

Q1 2008 Q1 2007 % Change

Total Revenue $700,187 $647,743 8.1%
Financial self-service $495,823 $458,866 8.1%
Security $186,379 $181,030 3.0%
Election systems $14,694 $7,847 87.3%
Brazilian lottery $3,291 $0 N/A

As soon as practical after the review of the other accounting items has been completed, but prior to filing its restated financial statements, Diebold will provide preliminary financial results for 2007 and the first and second quarters of 2008.



Chinese consumer confidence fell by 1.4 points in April to a record low
of 94.9 on the China Consumer Confidence Index (CCCI). Additional
findings also show future expectations have fallen 0.5 points,
consumer confidence on business conditions five years from now rose 3
points to 150.9, overall sentiment among Beijing consumers down 3.5
points to 95.2, sentiment is up 2.9 points in April to 94.1 among
Shanghai consumers (with future expectations up by 6.1 points) and down
among Guangzhou consumers by 8 points to 88.3 for the month. The Xinhua
Finance eziData CCCI is produced monthly by eziData and was compiled
this month with 1,543 telephone interviews from April 1 to 17, 2008.
Xinhua Finance Limited (“XFL”) provides financial information and media
services through its offices and news bureaus in 11 countries worldwide
while eziData is a local provider of China consumer data.



Euronet Worldwide reported first quarter consolidated revenues of
$247.1 million, compared to $170.4 million for the first quarter 2007.
However, the Company also posted a net loss of $6.8 million, compared
to net income for the first quarter 2007 of $9.5 million.
Results for the first quarter reflect a seasonal reduction in
transactions following the higher transaction levels during the fourth
quarter holiday season. Absent unusual circumstances, we estimate that
each of the Company’s three business segments’ overall revenue is
approximately 5% to 10% lower during the first quarter of each year
compared to the fourth quarter of the previous year. The EFT Processing
Segment ended first quarter with 11,917 ATMs owned or operated compared
to 9,182 ATMs at the end of first quarter 2007. The Prepaid Processing
Segment processes electronic POS prepaid transactions at approximately
394,000 POS terminals across approximately 193,000 retailer locations in
Europe, Asia Pacific, Africa and the U.S. For complete details on
Euronet’s first quarter performance, visit CardData (