ATM:AD EXEC

ATM:ad has appointed Richard Rowley as the Head of Media Sales
bringing with him experience in the industry. For ATM:ad, he will
oversee the development and implementation of new sales strategies.
Previously, Rowley was employed with Maiden Outdoor for 10 years
and, most recently, with ScreenFX. With his previous experience,
Richard oversaw supermarket, mall 6-sheet markets, Adrail 6 sheets
and was responsible for the development of Transvision’s digital
outdoor network.

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ANTI-FRAUD CAMPAIGN

APACS and the UK Petroleum Industry Association have launched
the “National Card Fraud Prevention Campaign” to remind customers
to be cautious and to secure card details and PIN information at all
times. With this campaign, petrol stations across the country make
available informative cards reminding customers to be alert, shield
PIN entry and to not let cards out of sight when conducting transactions.
Research shows that chip and PIN technology has decreased domestic
card fraud by 67% since 2004, yet APACS wants to remind consumers
that card details can still be used overseas in countries not implementing
the technology. The importance of protecting card details is still a
necessity and to aid in doing so, APACS has published the educational
guides “Protect your PIN”, for consumers, and “Transactions with your
chip and PIN terminal”, for retailers.

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BBVA & HYPERCOM

Upaid has implemented the VISA Mobile Service with Telekom Serbia
allowing users to top up through SMS text messaging. Furthermore, the
mobile top-up can be conducted independently of merchants which is
authorized from a pre-designated VISA debit or credit card. With this
development, VMS will link Serbian banks with Telekom’s 3.7 million
customers. There are 1.8 million VISA card holders in Serbia and 5.2
million mobile phone users, out of a population of 7.5 million. Projections
for growth reaching 2 million customers in Serbia is imminent. VISA
generates over $4 trillion in sales worldwide with acceptance at more than
24 million locations.

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NFC REPORT

According to Juniper Research, 52 million additional customers will begin
using mobile payment methods, such as NFC, by 2011 for a projected
industry-wide revenue of $11.5 billion. This will result in support for
contactless payment in 12% of the total mobile phones in circulation.
Further Juniper research shows that mobile payment applications and
services are already available in most regions of the Far East and the
US, which are the 2 most receptive of regions, and to remain competitive
mobile payments companies are advised to implement these payment
solutions for mobile handsets. Juniper Research assesses conditions in the
mobile payments market with interviews, case studies and analysis of the
industry.

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MASTERCARD 3Q/07

MasterCard posted record net income of more than $314 million for the third quarter compared to $193 million one-year ago, as net revenues climbed 20% to more than $1 billion for the quarter. In the prior quarter, MasterCard earned $252 million on revenues of $997 million. Gross dollar volume climbed 13% for 3Q/07 to $577 billion and worldwide purchase volume increased 14% to $430 billion. As of September 30th, the Company’s customers had issued 878 million MasterCard, an increase of 11% over the same period in 2006. General & Administrative Expenses rose 10% to $432.8 million. However, Advertising & Market Development Expenses rose about 26% to $268.3 million. Total operating expenses increased 16.3%, to $730 million, in the third quarter compared to the same period in 2006. For complete details on MasterCard’s third quarter performance, visit CardData (www.carddata.com).

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CITIBANK PHOTO CARD

Citibank has launched its photo embossed debit card in Hungary
to provide customers with an increased level of security. The new
product features a photograph of the card holder printed directly on
the card. Citibank MasterCard embossed debit cards will allow users
to conduct secure transactions at 23 million locations in 210 countries
in addition to the photo embossed credit cards which have been available
to Hungarian customers since 1999. The Citi corporation provides
financial products and services in more than 100 countries and has nearly
200 million customer accounts around the globe.

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E-PAY ASIA EXEC

E-Pay Asia has appointed James Huey, 64, as a non-executive director
bringing with him over 40 years of experience. James has been employed
with Westpac Banking Co and, most recently, with New South Wales
Bank as GM. He is currently a member of the Australia China Business
Council, Australia Fiji Business Council and the American Chamber of
Commerce in Australia. Huey’s advanced education includes a B.Sc. degree
from the University of Manchester (UK). Furthermore, the newly
appointed director is currently a Trustee of the Committee for Economic
Development of Australia and contributes to directing such organizations as
Paymate Pty Ltd, Resimac Limited, Chinasourcing Company Limited,
Petroflow Solutions Pty Ltd, OzzyConnect Limited, Silverwood Corporation
Pty Ltd and the Advisory Board of Sabina Corporation Ltd.

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BT-BANK MACHINE CONTRACT

BT and Bank Machine have signed a contract for the expansion of BT’s
payphones by 125 units before 2012. This expansion will be in addition
to the already 250 units currently in service across the country that offer
no-fee ATM access in high traffic areas. Bank Machine is a division of
Cardtronics and has a total of 1700 ATMs in service at stores, mall and
cinema locations with over 80 employees while BT has operations in 170
countries.

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CONSUMER CREDIT ACT

As a means of providing protection to consumers regarding their
credit accounts, the House of Lords has recently made a ruling on
Section 75 of the national Consumer Credit Act. The ruling is
welcomed by the payments industry as a modernization that accounts
for increased credit card use and the subsequent need for customer
protection over the past years. Companies in the industry have
been pushing for this reformed legislation for an extended period of
time and are pleased with the outcome.

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WINCOR NIXDORF RUSSIA

Wincor Nixdorf has established its Russian subsidiary in response to
the growing competition among banks and retail outlets throughout the
country. Vying for the perfect balance of customer service and
efficiency, 11 of Russia’s 20 major banks are now Wincor Nixdorf
clients. Furthermore, the ATM market share in Russia has increased
by 26% since 1997 while the POS system market share has
skyrocketed by 41% over the same period. Russia currently has 256
ATMs and 456 electronic POS systems per one million people,
figures that are growing rapidly and, thus, increasing competition in the
financial markets.

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MasterCard Rolls-Out Joy of Giving Promotion

MasterCard has launched a 2007 holiday promotion entitled, MasterCard “Joy of Giving.” The promotion, which runs through January 2nd gives consumers a chance to win two identical prizes – one to keep and the other to give to someone who matters most – via a “Sweepstakes” and an “Instant Win Game.” MasterCard cardholders use their MasterCard credit or debit cards for qualified purchases during the promotion period at U.S. merchants, to be entered in the “Sweepstakes” for a chance to win. Consumers will receive double entries into the sweepstakes every time they use “MasterCard PayPass” cards or use their MasterCard cards at the approximately 900 participating Best Buy stores in the U.S. or BestBuy.com. In addition to the “Joy of Giving Sweepstakes,” consumers can also participate in the “Instant Win Game” on priceless.com. Consumers can play up to ten times per day, every day, for a chance to win two identical “Gift Cards” from MasterCard or Best Buy. There will be one instant winner each day of the promotion.

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Global Cash Access Names a New CEO

Global Cash Access has named Scott H. Betts, previously EVP with First Date, as President, CEO and interim Chief Financial Officer. Betts will be succeeding Kirk Sanford who has announce his retirement from the company. Betts joins the company after five years with First Data Corporation (FDC), where he was Executive Vice President, President of Domestic Enterprise Payments. In 2004 Betts had responsibility for GCA, which was at that time a majority-owned subsidiary of FDC. At FDC, Mr. Betts led over 12,000 employees at 11 major locations in the business unit’s Merchant Services, Check Services, and Debit Services.

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