ZOOM AIRLINES & GUESTLOGIX

Zoom Airlines has implemented GuestLogix “Mobile Virtual Store” for
Transatlantic flights to allow cash and card transaction processing while
in flight. The airline and its passengers will be provided point-of-sale
wireless handheld devices using web-provisioned software from
GuestLogix, Gatwick Express train tickets for on-demand ticket printing
while in flight, credit card handling, inventory control and sales
analysis. The decision to launch the Virtual Mobile Store was made based on
projections that 20% of airline profits will come from on-board retail
sales
in the near future, based on contemporary figures. The “Mobile Virtual
Store” is available on nearly 300 million passenger trips annually
providing
airlines with an additional channel of profitability through various
consumer
items and services. GuestLogix is publicly traded on the Canadian stock
market and major provider of on-board retail solutions.

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Pennsylvania Embraces Cards for Benefits

Pennsylvania’s Governor said that state taxpayers will save $2 million a year with the decision to replace benefit checks with debit cards. The first-year savings is anticipated to be $1 million. Starting this week, MasterCard-backed debit cards will be distributed to new unemployment benefit recipients who did not opt for direct deposit. People already receiving unemployment benefits by check have the option of continuing to do so through February. Then, checks will no longer be an option. In addition, workers’ compensation benefits paid through the State Workers Insurance Fund will also be offered via debit cards next month but recipients will continue to have checks as an option due to statutory requirements. Direct deposit will continue to be an alternative for all benefit recipients. the PA Department of Labor & Industry has administered child support benefits via debit cards since 2004, producing a savings of $5 million in mailing costs alone.

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LOVEFILM & PREPAY TECH CARD

On Track Innovations contactless microprocessor-based smart card
solutions has been selected to provide its “Saturn 6000” contactless
readers
in the London area to be integrated with existing terminals and installed
independently at various merchants. Ideal for small purchases, contactless
payments provided by OTI process EMV transactions, eliminate customer
wait time and the necessity for the customer signature with transactions
of less
than a certain dollar amount. OTI’s Saturn 6000 is certified by
MasterCard, is
certified by VISA, provides LCD display, multiple configuration options,
and is
secure with quick transaction speed. Established in 1990, OTI provides
contactless microprocessor-based smart card technology for a variety of
markets.

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TICKET TEXT

Ticket Text mobile technology will be selling admission for Fulham
Football Club’s home games the 2007/08 season through its website
for mobile phone SMS distribution. With the company’s “mobile ticketing”,
customers receive the Fulham ticket in the form of a text message which is
then scanned at the ticket gate for event admittance. Ticket Text is based
in Ireland with a dynamic approach to ticketing and provides customers
with tickets for concerts, sport, theaters, galleries and exhibitions
throughout
Europe. Fulham FC was founded in 1879 and is the oldest professional
football team in London.

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USPTO Gives Clickshare Patent the Green Light

MA-based Clickshare has been notified by the USPTO that it will receive a patent relating to its technology for creating a federated network of Internet web sites to enable consumers to make purchases from hundreds of vending Websites without providing credit card information to each site. The Clickshare System supports many models including traditional purchasing, B-to-B applications such as tracking and payment for advertising click-throughs, reliable exchange of consumer information, federated authentication and management of loyalty programs.Clickshare has been providing services such as subscription management, “per-click” purchasing, event ticket sales and online print subscription capture for the newspaper and media industries for over 10 years.

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Austin Logistics Lands a Fair Isaac Executive

TX-based Austin Logistics has landed David Diehl, formerly VP/Global Fraud Solutions at Fair Isaac, as COO. At Fair Isaac he led that organization’s payment card fraud detection, identify theft and telecommunications fraud and risk management efforts. Prior to that, he was vice president, Product Engineering, where he directed a team of 150-plus scientists and software engineering professionals. In addition to his tenure at Fair Isaac, Diehl has held a series of increasing responsible positions at a number of software companies serving the financial services market, where he helped develop credit card processing, consumer lending and consumer financing systems. Austin Logistics is a provider of event based analytic solutions.

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TARJETASDECREDITO.TV PORTAL

TarjetasdeCredito.tv bilingual video and text web portal for card
products is officially up and running to serve both English and Spanish
speaking customers. Translated as “CreditCards.tv”, the service will
act as an educational portal and establish alliances with bilingual
consumer
financial groups and educators. U.S. Hispanic purchasing power is nearly
$750 billion and projected to reach $1 trillion by 2010 while U.S. Hispanic
Internet users are projected to reach nearly 21 million by 2010,
according to
experts.

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CreditXpert Tackles Authorized Users Issue

MD-based CreditXpert has launched the first product on the market to help lenders easily assess the impact of authorized user accounts on a borrower’s credit. The new “CreditXpert AU Filter” compares credit files including and excluding authorized user accounts. By doing so, the new solution provides lenders with the score impact of that change, thus enabling them to take the true risk impact into consideration when underwriting loans. CreditXpert estimates that at least one authorized user account — and most commonly, two to three — are on one-third of all credit files. Of those credit files, the firm estimate that 60% will experience a credit score change when authorized user accounts are not considered in scoring.

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TSYS Offers Cardholders Flexible Card APRs

TSYS has signed a partnership agreement with Paymentflex Technologies to provide a credit system that allows cardholders to choose their interest rate each month according to the amount of their balance they choose to pay off. “Paymentflex” is a patented credit system that rewards cardholders for their responsible use of credit and for issuers requires no customer interface to be integrated by TSYS. TSYS says the partnership with Paymentflex enables it to offer its clients a pro-consumer solution that is simple, transparent and seamless to users and directly addresses current regulatory and consumer advocacy concerns regarding customer empowerment and full disclosure. Financial terms of the multi-year agreement were not disclosed.

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Most Consumers Raise Credit Scores This Year

More than 30% of U.S. consumers improved their credit score by up to 50 points in a six-month period from January to June 2007. The latest “National Score Index” study by Experian Consumer Direct also found that 41% showed no change in their credit score from January to June; 2% had their credit score improve by 51 to 100 points from January to June, whereas 3% of U.S. consumers saw their score drop 51 to 100 points during the same time period; and nationwide, 23% of consumers had their credit score drop up to 50 points from January to June. Addi tonally, 20% of consumers with a credit score between 650 and 699 in January improved their score to between 700 and 749 in June. Fourteen percent of consumers with a credit score between 700 and 749 in January improved their score to between 750 and 799 in June.

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