WESTERN UNION 4Q/07

Western Union reported that revenue for the fourth quarter was $1.3 billion, up 12%, or 10% excluding the December 6th acquisition of Pago Facil. Total consumer-to-consumer revenue in the quarter grew 12% to $1.1 billion on transaction growth of 14%. A significant portion of the growth was attributable to the continued strong performance within the
international consumer-to-consumer business, which increased revenue 17%
while growing transactions 19%. The international-to-international
subset, those transactions that originate outside of the U.S., grew
faster still, posting 25% revenue growth and 28% transaction growth.
This international-to-international subset contributed 54% of Western
Union’s fourth quarter total revenue. In January, the company signed an
agreement with Penn Traffic. Additional notable new relationships
include an agreement to offer money transfer services at over 300 China
Everbright Bank branches in more than 30 cities in China, and a new
relationship with the Bangladesh Post. For complete details on Western
Union’s current and past performance, visit CardData (www.carddata.com)

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PAGO 4Q/07

Pago eTransaction Services is reporting an expansion of its international partner network
in addition to its total transaction volume. Emphasizing
this
development, the organization is showing an increase in clearing volumes
by over 20% while sales partners in the company’s “Partner Program” are
producing a growth of about 12%, resulting the deployment of over 8,000
terminals. Pago was founded in 1999 by Deutsche Bank AG, serving over
6,000 internet, mail order and in-store merchant clients.

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YUCHENG AWARD

China Merchants Bank has presented Yucheng Technologies’ POS system with
“The Most Outstanding Performance Award”. Yucheng’s POS system has
launched merchant acquiring at 8,900 terminals in 2007, generating
nearly RMB2 in revenue for every RMB1,000 spent at each POS terminal,
according to experts. The newly awarded achievement is a reflection of
recognition for the company’s growth and performance. Yucheng Technologies
Limited IT service provider employs over 1,500 to provide IT consulting,
system integration, and outsourced IT operations while China Merchants Bank
has branches in over 30 major cities across China and relations with
over 1,000
banks in more than 80 countries around the world.

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FREESTAR EXPANSION

To expand upon its January 23rd announcement for expansion, FreeStar
technology corporation has released a statement to reiterate on the topic.
FreeStar holds that the company will expand its operations by developing
new products, providing new services, and expanding its client base in the
name of increasing revenue, especially with the organization’s
international
card processing business. Moreover, the company is developing several
different contracts with various, undisclosed clients for expansion in
international markets. FreeStar Technology Corp. provides merchant and
acquirer clients in over 20 countries with technological enhancements.

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NCR’s ATM Income Rises 14% in 4Q/07

NCR reported that its “Financial Self Service” segment generated fourth quarter revenue of $537 million, an annual increase of 14%. Operating income of $79 million was impacted by an adverse geographic and deal mix of revenue in the quarter and compared to $84 million in the fourth quarter of 2006. Meanwhile, the “Retail Store Automation” segment reported revenue of $331 million, up 28% from the fourth quarter of 2006. The year-over-year revenue comparison included 4 percentage points of benefit from currency translation. Revenue growth was driven by traditional point-of-sale roll-outs in the quarter with continued momentum in self-service solutions. For complete details on NCR’s current and past performance, visit CardData ([www.carddata.com][1])

NCR ATM REVENUE HISTORICAL
4Q/06: $472 million
1Q/07: $312 million
2Q/07: $380 million
3Q/07: $407 million
4Q/07: $537 million
Source: CardData (www.carddata.com)

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

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CSCU and FIS Team for COMPROMISE MANAGER

CSCU and FIS have joined forces to introduce FIS’ “COMPROMISE MANAGER” card fraud solution. COMPROMISE MANAGER is a complete package for managing accounts with features that include the ability to delay blocks or specify a date to begin blocking, communication and monitoring capabilities, provide online account access and automatic compromise notifications to cardholders. Fidelity National Information Services is a provider of core processing for financial institutions, card issuer and transaction processing services.

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Advanta Becomes a LinkShare Premium Partner

Marketing network LinkShare has identified Advanta’s affiliate marketing program as a “Premium Partner.” Advanta is the only credit card issuer and one of a select few out of hundreds of companies to meet the Premium Partner Program criteria. According to LinkShare, Advanta consistently meets or exceeds LinkShare’s Premium Partner criteria for selected affiliate management functions in areas such as average response times to transaction inquiries and accessibility of current and complete contact information. The Advanta Affiliate program, consisting of more than 500 affiliates, is a free, easy-to-use service that allows organizations and individuals to promote Advanta small business credit cards on their web site. Advanta is one of the nation’s largest credit card issuers in the small business market today.

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M-Banking Must Connect to Low-Income Consumers

Yankee Group reported that mobile banking must become available to a majority of mobile users including prepaid and low-income consumers if it is to succeed in North America. M-banking solution providers in North America can learn an important lesson on service adoption from international low-income initiatives as the global rise of the Anywhere Consumer takes hold. According to the recently published Yankee Group Report, “Mobile Banking Lessons” from International Low-Income Initiatives, there is a difference between the way m-banking solutions work overseas and in North America. In countries such as South Africa and the Philippines, m-banking keeps low-income consumers’ money safe; at the same time it reduces fees, which makes these services affordable. On the other hand, North American providers typically market m-banking to a more affluent and technologically advanced user as a convenience service. However, m-banking can also benefit low-income consumers in North America much as it has overseas.

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Western Union Fourth Quarter Revenues Up 12%

Western Union reported that revenue for the fourth was $1.3 billion, up 12%, or 10% excluding the December 6th acquisition of Pago Facil. Total consumer-to-consumer revenue in the quarter grew 12% to $1.1 billion on transaction growth of 14%. A significant portion of the growth was attributable to the continued strong performance within the international consumer-to-consumer business, which increased revenue 17% while growing transactions 19%. The international-to-international subset, those transactions that originate outside of the U.S., grew faster still, posting 25% revenue growth and 28% transaction growth. This international-to-international subset contributed 54% of Western Union’s fourth quarter total revenue. In January, the company signed an agreement with Penn Traffic. Additional notable new relationships include an agreement to offer money transfer services at over 300 China Everbright Bank branches in more than 30 cities in China, and a new relationship with the Bangladesh Post. For complete details on Western Union’s current and past performance, visit CardData (www.carddata.com)

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NOVA Info Systems Buys Southern DataComm

NOVA Information Systems has entered into a definitive agreement to purchase Southern DataComm, a payment software and gateway services provider based in Largo, FL. Southern DataComm was founded in 1985 by Gary Eng, president. The company has built a solid reputation in the U.S. payments industry, serving more than 50,000 merchants. Additionally, hundreds of value-added resellers have certified their systems to connect through Southern DataComm, supporting a strong one-to-many value proposition. Annually, more than $50 billion travels through its gateway switch, which supports 200 interface modules, helping connect merchants to their choice of acquirers and processors.

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Springbok Hires a New Marketing Exec

Prepaid Mastercard provider Springbok has hired Ellen Kramer, Founder of NOW what?, as its SVP of Marketing. Kramer’s background consists of leadership positions in powerful marketing organizations such as USA Today, Time Life, Inc. and America Online (AOL), where she initiated, developed and ran AOL’s direct marketing efforts. Kramer will provide that same knowledge and assistance to Springbok Services, and will serve as a powerful resource for Springbok Services customers who want to reduce employee turnover, enhance sales incentive programs or build winning consumer promotions. Springbok Services is PCI certified for card processing.

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PubliCARD Resurfaces as Chazak Value Corp

PubliCARD, Inc. has been reorganized as Chazak Value Corp., an entity currently controlled by PubliCARD’s CEO Joseph Sarachek. The new company will focus on building its existing smart card business as well as acquiring privately held businesses in the $10-100 million revenue range that are seeking to restructure or that have succession issues. Under PubliCARD’s Plan, Chazak Value Corp. will issue 5,133,352 shares of common stock, including the shares being issued to The 500 Group. All existing holders of PubliCARD common stock with more than 100 shares will receive a distribution.

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