GoEmerchant.com Upgrades V-Terminal

NJ-based GoEmerchant.com has upgraded the reporting functions and security features of its “Transaction Center Virtual Terminal” The reporting function is one of the most important tools available through the Transaction Center. Reports are now available with up to 365 days of data, which will help GoEmerchant.com’s customers with year-end reports and analysis. Transaction queries are easier than ever with a user-friendly pop up calendar to enter date ranges. Security is a high priority for GoEmerchant.com, which was an early adopter of VISA CISP compliance and has been PCI compliant since 2003. The Transaction Center now features personalized security questions in the event the customer forgets a password. Customers now receive a gateway key, similar to a PIN, that allows the passwords to be updated easily. In addition, customers can now block an individual or range of IP addresses to help eliminate fraud. GoEmerchant.com is a provider of e-commerce solutions tailored to fit the need of all businesses such as shopping cart software, payment gateway, merchant accounts, virtual terminal, fraud protection and marketing tools.

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PTT Bank Orders 500K Sagem Orga EMV Cards

For card issuing and authorization of its International card products,
Aizkraukles Bank has chosen Nomad CORTEX software. The software
will provide the bank with a payments processing platform to encompass
aspects of the Electronic Funds Transfer Network including issuing,
switching and acquiring. The Bank’s decision to utilize Nomad CORTEX has to do with
the software’s response to customer needs by investing in technology and
the collaboration between Nomad and D8 Latvia SIA, who will provide local
support and consultancy services for the project. Implementation of the
software for Aizkraukles Bank will be ongoing from August 2007 until
December 2007.

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NCR to Supply SCB With Personas ATMs

NICE has announced it will be acquiring Actimize for $280 million,
80% to be paid in cash and 20% by allocating NICE ordinary shares,
making for a combination of resources to take transactions and
interactions, handle masses of data, and all comprising a full view
of the customer touch points with the organization. NICE expects a
contribution of $10-12 million non-GAAP revenue from the acquisition
and a dilution of $0.04-$0.05 in non-GAAP EPS in 4Q07 due mostly to
lower financial income expected for this period. As a result, NICE is
raising its full year non-GAAP revenue guidance for 2007, to $497-$514
million and is updating its non-GAAP EPS to be in the range of $1.31 –
$1.42 for 2007.

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Certegy Employee Sells Consumer Data to Marketers

FL-based Certegy Check Services reports that a former employee misappropriated and sold consumer information to a data broker who in turn sold a subset of that data to a limited number of direct marketing organizations. The Company strongly noted that the incident did not involve any outside intrusion into, or compromise of its technology systems. Certegy maintains bank account information in connection with its check authorization business that helps merchants to decide whether to accept checks as payment for goods and services. In addition, Certegy maintains check and credit card information in connection with its gaming operations that are designed to assist casinos in providing their customers with access to funds. This theft came to light when one of Certegy’s retail check processing customers alerted Certegy to a correlation between a small number of check transactions and the receipt by the retailer’s customers of direct telephone solicitations and mailed marketing materials. The Company investigated and fired the employee who was running a side business to sell the data.

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Laurentian Bank Renews its First Data Agreement

Telco KTF has launched a mobile payment pilot using contactless phones
to be supported by both VISA and Mastercard. Also introduced is a credit
application on 3G SIM cards to be issued by LG Card. The new SIM
solution is compatible with 80,000 merchant readers at convenience stores,
restaurants, department stores, bakeries and bookstores in South Korea.
Telco plans on increasing the number of terminals to 150,000 by 2008 using
W-CDMA and HSDPA network subscribers. Initially implementing SIM
technology, utilizing dual-interface chips contactless interface
connection to a short-range wireless antenna embedded in the phones, telco will eventually
change to NFC technology.

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TAM Expands its Payment Options

Vocalink has signed an agreement with Seceti contributing to the
company’s expansion of SEPA for flexibility in routing payments. Seceti,
an Italian payment service provider, will provide merchants with options
for payment routing with lower cost in Europe as a result of the agreement.
Results such as these are expected due to Vocalink’s platform which is
capable of processing 36 billion credit transfers and direct debits. This
comes after Vocalink’s recent expansion with the signing of a pan-European
payment service in conjunction with 10 European banks.

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Bremer Bank Converts Clients to HPS

NJ-based Heartland Payment Systems has entered into a strategic relationship with MN-based Bremer Bank to convert more than 1,500 of Bremer’s current merchant clients to Heartland’s processing system Heartland and Bremer will also focus on a joint business development program that leverages both companies’ regional customer bases for new business and cross selling opportunities. By formalizing their relationship, both companies gain access to new customer and sales referrals. In addition, Bremer will be able to offer its business banking clients the added value of Heartland’s payment processing systems, providing a faster, more cost-effective way to process credit/debit cards and gift card programs. Bremer Financial Corporation is a privately held, $6.8 billion regional financial services company. Heartland Payment Systems provides credit/debit/prepaid card processing, payroll and payment solutions to more than 150,000 small and mid-sized businesses nationwide.

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Serverside & SMC Launch Custom Card Solution

Providing that Transact will be Media Markt’s primary provider of
electronic
top-up (e-top-up) for prepaid products, the companies have signed
a multi-country agreement. With full implementation expected at 462 of Media
Markt’s stores by the end of 2008, the service will first be available
at electronic
registers in Germany, Austria, Sweden and the Netherlands. Other
countries the
service will be available in the months to come include Belgium, France,
Greece,
Spain, Portugal, Hungary, Poland, Switzerland, Russia and Turkey. Media
Markt
is a European retailer of consumer electronics and Transact is a
subsidiary of
Euronet Worldwide. Euronet has processing centers located in the U.S.,
Europe
and Asia, and processes electronic top-up transactions at more than 356,000
point-of-sale terminals across more than 186,000 retailers.

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MLB.com Gift Card is Launched

Blackhawk Network has signed an exclusive agreement with MLB Advanced Media LP, the interactive media and Internet company of Major League Baseball, to launch the first-ever MLB.com gift card. The MLB team branded gift cards may be redeemed for tickets online and offline, merchandise online and at team retail stores and concessions at ballparks. The Oakland Athletics, San Francisco Giants and Seattle Mariners were among the first teams to launch their gift cards. In addition, ten other teams currently participate, including the Atlanta Braves, Chicago White Sox, Cleveland Indians, Kansas City Royals, Minnesota Twins, Pittsburgh Pirates, Tampa Bay Devil Rays, Texas Rangers, Toronto Blue Jays and Washington Nationals. Blackhawk Network, a subsidiary of Safeway Inc., is a prepaid and payments network and the largest provider of third-party prepaid cards.

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ACI Deploys BASE24 Software

Barclaycard has been recognized with multiple awards for 2007. The
company has been awarded by Personal Finance and Savings magazine
as the Best Credit Card Provider and by Moneyfacts 2007 as the Best
Platinum Card. The magazine award commends customer service, product
offering and innovation, is sponsored by Microsoft and is determined
through reader polls. Barclaycard’s recent innovations include Barclaycard
“Breathe”, which donates 50% of profits to carbon reduction projects, and
a contactless payment credit card. The Moneyfacts award was determined
with consistent triumph over best buy tables with a 12 month 0%
balance transfer deal and 0% on new purchases for 3 months.

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