ALTAIR, BRIGHTERION & MASTERCARD

Altair Financial Services International has launched the MasterCard “Expert
Monitoring System” (“EMS”) product suite using the Brighterion’s iPrevent
fraud prevention engine. This solution is intended to prevent fraud and
enhance card security for the browser-based EMS technologies platform.
Overall, with this development, Altair will be able to enhance fraud
detection,
profiling, data mining, and management information reporting. Moreover,
these new measures can collectively detect fraud almost immediately with
Brighterion’s “iPrevent”. The “iPrevent” software provides a real-time
online
scoring platform to allow the company’s fraud manager to refer or decline
suspicious transactions.

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Fiserv Revenues Climb 19% in the Fourth Quarter

Fiserv reported that revenues increased 19% to $1.11 billion for the fourth quarter. GAAP earnings per share for the fourth quarter were $0.58 per share, including $0.54 from continuing operations, compared with $0.52 in 2006. Fiserv EFT completed 46 new sales in the quarter with 90% made within the Fiserv core processing client base and added 90 clients for its branch capture product and 142 clients for its merchant capture product. Also, the company signed 97 new clients for its electronic bill payment services and now has nearly 3,300 electronic bill pay clients. CheckFree’s Electronic Biller Services added significant content by implementing e-Bills for American Express’s 20 million U.S. consumer cardholders, and for more than 17 million U.S. policyholders of Allstate Insurance. Fotr complete detail on Feiserv’s fourth quarter performance visit CardData ([www.carddata.com][1]).

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

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ADS & AIR MILES

CENTURY 21 Canada has renewed agreements to sponsor the Alliance Data
Systems Corporation “Canadian AIR MILES Reward Program,” renewing
a relationship first established in 1992. Nearly 60% of Canadian households
participate in the The “AIR MILES Reward Program” for discount rewards
on over 800 items available with over 100 sponsor retail and service
locations
across Canada. Alliance Data oversees loyalty programs for nearly 120
million client/consumer relationships across North America and employs over
9,000 at more than 60 locations worldwide while Century 21 real estate
franchisor is composed of over 8,400 broker offices in 58 countries and is
represented by 142,000 sales representatives.

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Discover Spending Monitor Declines for 3rd Month

The Discover “U.S. Spending Monitor” recorded its third consecutive monthly decline this month, falling more than four points to 86. Both the economic and spending components of the index reached new lows in January as just over 70% of consumers now think the economy is in decline and 48% feel the same way about their personal finances. Expected household expenses remain high: Consumers steady their spending as nearly half intend to cut back on discretionary purchases. The number of people preparing to spend more next month fell to 30%, down a point from December and five points from October. At the same time, consumers seem to be ratcheting down plans for spending in areas beyond necessities. Nearly half of the January sample said they expect to do less discretionary spending in February. That’s nearly 5 points higher than December and a full 10 points more than what consumers said last September.

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TAIWAN MOBILE & GEMALTO

Taiwan Mobile has chosen to implement Gemalto Digital Security for
use over its commercial NFC mobile payment system. Gemalto’s secure
solution is custom designed for its partners’ and end-users’ needs and
will allow Taiwan Mobile to register, issue, manage and terminate
mobile NFC services over-the-air (OTA) while allowing users a
convenient way to securely purchase goods. Furthermore, Gemalto
ensures only banks, transport companies and service providers are
involved with subscriber relationships, ensuring no other parties will
interfere with business or end-user privacy. The Gemalto solution provides
for an application management system, a key management system, a
module to deploy the user interface application and maintenance/support.
The Digital Security company had 2007 annual revenues of
over EUR1.6 billion, operations in 40 different countries and employs
nearly 10,000 while Taiwan Mobile provides mobile solutions to
consumers across Taiwan.

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GE Money Names a New CEO to Replace Nissen

GE announced that William Cary has been named president and CEO of GE Money. Cary succeeds David Nissen, who is retiring. Nissen has been with GE for 27 years and has led GE’s consumer finance business since 1993. Cary has served as president and CEO of GE Money Europe, Middle East and Africa, the largest group within GE Money, since February 2006. He is a senior vice president of GE. Recently, GE reported that revenues for its GE Money unit grew 22% in the fourth quarter to $6.6 billion. Profits grew by 7% to $957 million, compared to one-year ago, but down from the prior quarter’s year-on-year growth rate of 13%. In December GE indicated it was looking to sell or form a partnership for some of its GE Money services including its U.S. private-label credit-card business. (CF Library 1/18/07)

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CARDTREND BP CARD

Cardtrend International has launched its “Bonus Point Card”(BP Card),
for which the company has signed 250 merchant participants and acquired
5,000 card members. With these developments, BP Card members are
rewarded “Bonus Points” for purchases with the participating merchants.
In addition to the benefits the program affords consumers, it also offers
merchants a solution to generate customer loyalty. Experts project
throughout Guangzhou, the program will have 1,000 participating merchants
and 100,000 card holders. Cardtrend International is divided into 3
segments including its Cards Business, Prepaid Business and Processing
Business.

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NSW GOVERNMENT & TCARD

The NSW Government will be terminating the ongoing Tcard bus
trial and the 106 participants are to have their cards refunded by the
Public Transport Ticketing Corporation (PTTC). The bus companies
involved with the commuter trial, including STA Kingsgrove depot
buses and Punchbowl buses, will be advised by the PTTC and
Ministry of Transport on transitional arrangements. Finally, the PTTC
will be scouting for a new commuter card system, to share findings
by mid 2008, and ensures “no passenger will be refused travel” due
to technicalities involved with this transition.

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RED & CHINABANK

Retail Decisions (ReD) payment card issuer and ChinaBank have signed a
5-year reseller agreement, for which the card issuer will be
implementing its
“ReD Shield” security solution. The partnership will afford online
merchants
a fraud prevention solution that will protect not only their customers
but their
business as well. ChinaBank Payment provides an online payment solution
to its clients across China while the ReD Shield solution card has been
intent
on enhancing payment security to prevent credit card fraud and reduce the
risk involved with processing international card payments.

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ImageMark Commercial Passport is Upgraded

NCR Corporation has rolled out its “ImageMark Commercial Passport 2.0” software. ImageMark Commercial Passport 2.0 offers financial institutions and their customers the tools to verify check and remittance depositing. It provides all the functionality of the original version, such as seamless integration with an FI’s business and home-banking Internet sites, complete reporting with ability to provide updates electronically to end-customer accounting systems, Back Office Conversion (BOC), duplicate item detection, multiple security levels, integrated recognition, courtesy and legal amount recognition capability. The Web-based technology also provides an integrated and scalable platform for processing transactions from other locations, including branches and automated teller machines.

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IDEAL CONSUMER RECEPTION

The iDEAL online payment has been met with fond consumer reception
across the Netherlands. Research shows the payment method’s
share has grown by 39% in recent months, compared to that of credit
cards’ stagnant growth, use of iDEAL has shown an annual increase of
238% in 2007 to 15 million purchases and December ’07 reflected the
greatest consumer usage, during which the organization processed 1.7
million payments. Further demonstrating recent growth in the solution,
16% of iDEAL users made their first iDEAL payment in this period
and 32% of all consumers prefer iDEAL when making for internet
purchases.

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EQUENS & SEPA

Equens processing organization has reported successful processing volumes
for the first week the Single Euro Payments Area (SEPA) has been deployed,
during which the company processed 82,000 SEPA Credit Transfer (SCT)
payments. This promising beginning to the SEPA implementation demonstrates
the clients’ confidence in the recent changes, according to experts within
the
company. Furthermore, in addition to the transaction cost the SEPA platform
saves the company, Equens also intends to generate new partner relationships
over the coming months for the same purpose. Equens processes an annual
volume of 7.3 billion payments, 2.1 billion POS and ATM transactions and
has a 15% euro-zone market-share.

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