H50 WIRELESS DISTRIBUTION

Blue Bamboo and EFT Networks have signed distribution agreements
for the Blue Bamboo “H50 Wireless Payment Terminal” in Australia
and New Zealand. The terminal is a hand-held P.O.S. device that is
compatible with GPRS, Bluetooth and dial-up connections for credit,
debit, check, gift and loyalty payment transactions. Certifications with
local banks and resellers are currently in progress. Blue Bamboo designs
and markets POS terminal and peripherals while EFT Networks designs
electronic payments technology, banking and telecommunication
fraternities for the Australian and New Zealand markets.

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TransUnion Launches Instant TrueCredit Lock

TransUnion’s TrueCredit.com has launched “TrueCredit Lock” which enables U.S. consumers to instantly lock and unlock their TransUnion credit file. The introduction of TrueCredit Lock marks the first time that U.S. consumers have the ability to instantly lock and unlock their TransUnion credit file to prevent unwanted activity. Once enrolled, use of the new feature is available to website subscribers online at no additional charge 24-hours a day, 7-days a week. Similar to a “file freeze,” which is available under certain state laws, TrueCredit Lock is an independent tool designed to provide consumers with instant control over access to their TransUnion credit report for identity theft prevention. After logging on to the TrueCredit.com site using a secure user name and password, one mouse click activates or deactivates a consumer’s lock feature.

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OHMAN GROUP & CDC

The Ohman Group investment bank will be implementing CDC’s Pivotal
Customer Relationship Management (CRM) suite of software
applications to improve customer service and efficiency. With the new
solution, The Ohman Group can reap more benefits from sales and
marketing campaigns, increase service levels to develop deeper insight
into their clients’ needs & preferences, and access a complete
view of client information. CDC solutions are used by more than 6,000
customers worldwide and is ranked number 12 on the Manufacturing
Business Technology 2007 Global 100 List of Enterprise and Supply
Chain Management Application vendors while Pivotal CRM is used by
over 2,000 companies around the world to increase profit margins.

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CASHVALET PAYROLL CARD

Perceptech and GE Money have agreed that Payroll Solutions Canada (PSC)
will be the official Canadian carrier of CashValet Prepaid Payroll
MasterCard for its clients. This prepaid payroll card allows the
clients’
employees to access their paycheck just as they would a credit/debit card.
Furthermore, the card is accepted at POS terminals and ATMs across the
country. PSC offer payroll services in 102 countries through strategic
alliances
while Perceptech has provided a variety of payment services since 1990.

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Gift Cards Launched that Supports Charities

MI-based Great Lakes Scrip Center has created a new Web-based service to offer gift cards for gifts, rewards, or recognition to deserving employees and customers, while at the same time enabling the company to make donations to charities or non-profit organizations of their choice. RewardsandmoreGiftcards.com offers employers the choice of gift cards from more than 250 of the top retailers covering 19 major product categories. Each gift card purchased at the Website provides full value to the recipient, but includes a donation amount, which varies from 1% to 10% based on the retailer gift card selected. Charities receiving the donation can be a special selection by the employer, or chosen from a complete IRS list of 501C3 approved charities. Great Lakes Scrip Center says since 1994 it has helped retailers ring up nearly three and a half billion dollars in sales while raising more than $195 million for its non-profit clients.

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ALLIANCE & LEICESTER ATM

Alliance & Leicester and i-design have signed a 5 year agreement to deploy
the media company’s ATM advertising, ATM:ad, on A&L ATMs. This will
allow A&L to advertise for third party and internal marketing campaigns
using i-design marketing software. The agreement stipulates an initial
license
fee for the use of i-design’s software, periodic maintenance charges and
rights
for i-design to sell third party advertising on A&L’s ATM network. i-design
also has ATM network advertising contracts with Nationwide Building Society
and HSBC, giving the company exclusive rights to sell advertising on a
total of
over 2000 ATMs.

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Hyatt and MasterCard Re-Launch a Fall Promo

Hyatt and MasterCard have re-launched their annual promotion that enables customers to earn unlimited free nights in the fall. The “Faster Free Nights” promotion awards “Hyatt Gold Passport” members a free night award after every two eligible stays when payment is made with their MasterCard card. Free night awards are automatically posted to the member’s account after their second stay is completed and can be redeemed immediately after posting. Members can redeem their free nights from September 15th through January 31, 2008. These awards are earned in addition to the “Hyatt Gold Passport” points and exclusive services and benefits members can receive on each Hyatt stay. There is no limit to the number of free nights members can earn.

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GEMALTO PKI CARD & MICROSOFT

Gemalto has implemented its SafesITe PKI card using the Windows
Smart Card Framework minidriver that is Microsoft Windows ready.
The Gemalto solution protects identity and, thanks to the Microsoft
agreement, can be deployed and managed at a low cost. The SafesITe
Classic Trusted PKI card solution is certified with the “Designed for
Windows” logo for card minidrivers and meets the Windows Vista
program requirements for smart card minidrivers. Gemalto provides
companies with digital security and had a 2006 annual revenue of
EUR1.7 billion, more than 85 offices in 40 countries and about 10,000
employees.

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MoneyGram to Acquire PropertyBridge

MN-based MoneyGram International has reached an agreement to acquire PropertyBridge, Inc., a leading provider of electronic payment processing services for the real estate management industry. PropertyBridge offers a complete solution to the resident payment cycle, including the ability to electronically accept deposits and rent payments, plus collect outstanding debt. Residents can pay rent online, by phone or in person and set up recurring payments. MoneyGram intends to keep the current PropertyBridge founding management team and structure in place after the acquisition. Financial terms of the acquisition were not disclosed. MoneyGram has $1.2 billion in revenue in 2006 and approximately 125,000 global money transfer agent locations in 170 countries and territories.

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PURCHASE CARD

Halifax this week launched a new card offering the longest 0% introductory interest rate offer on purchases in the UK credit card market. The “Purchase Card,” which is a MasterCard, offers the 0% APR for 15 months. The new card also offers a 0% rate for 6 months on balance transfer, however, a one-time 3% transfer fee applies. The typical APR for the “Purchase Card” is about 14.9%. Halifax also offers the “Anniversary One Card” which 0% for 9 months on both balance transfers and purchases with a typical APR of just 13.9%, plus an extra 0% for 6 months on new balance transfers from the start of the calendar month after the first anniversary of account opening (3% fee applies to
balance transfers).

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Elan Financial Buys the FNB United Portfolio

NC-based FNB United, parent of CommunityONE Bank has sold its credit card portfolio, along with multiple portfolios acquired from former Integrity and United subsidiaries, to Élan Financial Services. As a result of the sale, FNB United Corp will recognize a $1.3 million non-recurring gain which will be reported with its third quarter results. Of that amount, $1.0 million will be from the sale of the portfolio and $300,000 resulting from the recapture of the allowance for loan loss reserve associated with the $4.0 million sold portfolio. Concurrently, a $250,000 expense has been recognized to cover the buyout of two of the unexpired contracts with VISA.

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