KYOCERA & INSIDE

Kyocera has signed agreements with INSIDE Contactless to integrate
the company’s NFC technology with its wireless phones. This partnership
allows customers to use their Kyocera mobile phones for contactless
payments using INSIDE’s “microread”. “Microread” provides NFC technology
for various banking pilot projects with the implementation of its silicon,
self-powered chip that can continue transactions whether the phone is on
or off.
INSIDE Contactless provides contactless card-based payments solutions with
more than 30million chips delivered to date.

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V PAY

VISA Europe has announced that the first “V Pay” transaction has been
conducted in the Netherlands at the Schiphol airport. “V PAY” was
designed for European banks and consumers to meet the payment
requirements of SEPA and is currently being accepted by 22 different
banks at 4 million POS terminals and over 250,000 ATMs. V PAY
secure chip transactions ensure that skimming is not possible with PIN
confirmation and is being used in 8 different European markets including
Germany, Italy, Austria, Switzerland, Belgium, France Bulgaria and the
Netherlands. Visa Europe has issued 321 million Visa cards across the
continent with a total 2006 transaction volume of EUR1.2 trillion.

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Teradata 3Q/07 Revenues Rise 17% Y/Y

Teradata reported third quarter revenue of $439 million, a 17% increase from 3Q/06. On September 30th, NCR completed the spin off of its Teradata Data Warehousing business. Teradata reported third-quarter GAAP net income of $9 million. Operating income of $66 million decreased from $68 million in the third quarter. Teradata’s operating income decreased as higher revenue was more than offset by non-recurring costs associated with Teradata’s spin off from NCR, higher demand creation costs, increased research and development spending as well as incremental on-going costs associated with Teradata becoming an independent, publicly-traded company. For complete details on Teradata’s latest results visit CardData ([www.carddata.com][1]).

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

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PW NETWORK & 99BILL

Beijing Perfect World Network Technology (PW Network) and the
99Bill Corporation have signed collaborative agreements for the
promotion of online gaming and payments. With this development, 99Bill
will provide customers with card payment for PW Network games and
various services including online top-up services for prepaid cards. The
country’s online gaming is projected to generate 9.7 billion RMB for
2007 while the global online market is projected to grow 71% over the
next 5 years. This partnership is intent on enhancing efficiency of online
gaming and improving core competitiveness. With 18 million registered
accounts, 99Bill markets it products and services to nearly 450 million
Internet and mobile users with payment solutions.

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SCM Microsystems Joins the NFC Forum

Digital solution provider SCM Microsystems has joined the Near Field Communication Forum as a Principal member. The NFC Forum is a global standards development and advocacy group dedicated to advancing Near Field Communication technology, educating the public about its benefits, and furthering its implementation around the world. NFC technology is being developed to enable electronics devices such as PDAs or cell phones to quickly and conveniently perform functions such as purchasing goods or services. SCM Microsystems is a supplier of solutions that enable people to conveniently access digital content and services.

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SBI-CSB CARD

SBI and Catholic Syrian Bank (CSB) have partnered to launch the “CSB
Credit Card” for acceptance with over 2 million merchants and retailers.
The card will provide holders with e-statements, SMS alerts, account access
online, cash access at nearly 2,006,100 ATMs globally, a 2% “life time
cash
back” feature, no surcharge for gas purchases, and a “flexi pay”
option. The
“flexi pay” option allows the purchase of high-ticket items to be paid in
easy installments. With this partnership, the companies hope to penetrate
the Indian card market which is currently composed of only 2.8% of the
population, half that of China.

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Coin-Counting is a $6 Billion Business

New research shows that each year, almost $3 billion in coins are redeemed at supermarket machines alone via self-service coin-counting machines. The TowerGroup survey also shows that nearly $6 billion in coins are brought into U.S. bank branches annually. If banks charged customers the same fee that retail locations charge for coin redemption, the service would represent a $500 million market for banking institutions. The TowerGroup ViewPoint, titled “Self-Service Coin Counting at the Branch: Time to Change Attitudes About Loose Change,” concludes that the self-service coin-counting machine can support a bank’s critical business, operational, and marketing strategies — but only if it is implemented with the appropriate technology and process.

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MEKONG AMEX CARD

Mekong Bank has partnered with American Express to introduce the
“MekongBank American Express” credit card for acceptance around the
world. The Card is accepted in over 200 countries, offers 24-hour customer
service, access to over 800,000 ATMs and over 2,200 American Express
Travel Services Offices. MekongBank provides wholesale banking, credit
card services and personalized banking while The American Express
Company provides charge and credit cards, Travelers Cheques, travel and
business services with operations in over 120 countries through more than
110 partnerships.

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Gift Card Load Values Jump This Year

A new survey has found that the average amount loaded to cards has increased by 32% over the past three years. Also, for the 2007 holiday season, the average gift card purchaser expects to spend $203 on gift cards, up from $186 in 2006. The Comdata survey found that 38% of those surveyed who have never purchased a gift card are very or somewhat likely to purchase gift cards this holiday season, representing an 81% increase in new card users over last year. About 53% of card users often or always spend more than the amount originally loaded onto their cards. They are also most likely to redeem their cards over two visits, increasing store traffic and the potential for sales over the value of the card. Nearly 85% purchase gift cards because they want the recipient to be able to select their own gift, while 57% don’t know what to buy. Last year, 94% of purchasers bought cards at a specific retail location. In 2007, only 88% prefer a specific location.

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UKRCARD

Sagem Orga has signed agreements with UkrCard to provide local banks
with personalized “EMV Plus Y” smart cards. UkrCard has been certified
for VISA and MasterCard and with this agreement sensitive customer
data will remain in the country. Furthermore, the Ukrainian payment system
provider has completed its migration to the EMV standard created by
Europay, MasterCard and VISA. The members of UkrCard consist of
over 30 banks and Sagem Orga projects a 30%
gain in the Ukrainian card market. UkrCard is Ukraine’s National
Interbank Payment System and is represented in all regions of the Ukraine.

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Dynamic Site Accelerator PCI Unveiled

Akamai Technologies has introduced the industry’s first and only PCI-compliant site acceleration service. To become PCI compliant, Akamai undertook an audit of its globally-distributed network and information security policies and systems. The audit covered the Akamai Secure Sockets Layer (SSL) network and all of the associated management tools, processes and procedures. The PCI Standards Security Council recently increased pressure on commerce organizations to protect their customers’ credit card data. This heightened pressure has included severe punitive consequences for noncompliance, including fines or loss of privileges to accept credit card payments, or to use the credit cards’ brands. Akamai is a global service provider for accelerating content and applications online.

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