EXPERIAN & SERASA

From a consortium of Brazilian banks, Experian has acquired a 65%
stake in Serasa Credit Bureau for 1.2 billion USD. Serasa sales have
grown at a rate of over 20% per annum for the past two years, has
a database of 161 million Brazilian consumer records and 5
million Brazilian company records. The Brazilian credit bureau has a
60% market share and will consolidate Experian’s position in Credit
Services, who will control three of the top five credit bureaus
worldwide with this development. The company has over 110,000
clients, 2,200 employees, and operates across more than 80 locations.

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PAYBYCASH & CASHU

PayByCash is now accepting customer payments through cashU
Internet payment cards. PayBycash has nearly 70 payment providers,
acceptance around the world, and serves merchants in 230 countries.
CashU will provide for PayByCash a platform on which to operate
that offers fraud prevention. CashU is an internet payment solution with
operations in 28 Middle Eastern countries that allows for online payment
and funds transfer on a secure network.

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RETAIL BANKING RESEARCH

Retail Banking Research has found that ATM use and deployment is up in
Central and Eastern Europe. The number of ATMs deployed is fast
approaching 90,000 with the most growth in Russia and the Ukraine.
Among these new ATMs, 59% are installed off-site, reflect an average
withdrawal of 90 euro, and nearly 25% utilize outsourced cash
replenishment. Findings also include that the most common manufacturer
of ATMs is NCR with 44% of the market share, followed by Wincor Nixdorf
with 30% of the market. Among operating systems, 71% use Windows XP,
replacing the NT operating system as the preferred system. RBR is a
research and consulting firm with nearly 30 years experience in retail
banking,
banking automation and payment systems.

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BANKING STUDY

One-hundred and fifty-two banking executives representing organizations
from around the world participated in a study commissioned by First Data
International. The study was meant to gain insight from national and
foreign
banking and retail and payment services executives regarding experience
with conducting business in China. Also, First Data was attempting to
identify
and understand challenges and opportunities for organizations that are
currently
considering the China Market. It found Executives’ attitudes toward the
Chinese
payments market are optimistic about the prospects for electronic payments
in China. Eighty-five percent of respondents, for example, believe
prospects
for credit cards are either highly or somewhat promising. Additional
findings
show that 83% believe infrastructure is key to card market growth, merchant
acquisition is among the most significant challenges, and consumer
education is
a priority.

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Eyesavigsplus Smart Card Gets a Boost

San Antonio-based SmartCard Marketing has acquired C.O.P.S. to boost its “Eyesavigsplus” smart card. This acquisitions combined with the consolidation of SmartCard sales from goods and services for 2007 are estimated for 2007 year end to reach $10,800,000 USD. SmartCard Marketing Systems is a provider of prepaid cards, value smart storage cards and optical management services.

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OFT EDUCATION

In response to recent research reflecting that consumers do not fully
understand the costs of having certain credit cards, the OFT has
introduced a program that clarifies policies to consumers. The program
is also being introduced citing a lack of consumer research on what
card best suits their needs. In conjunction with the credit card industry,
the OFT will conduct research over a period of 6 months concerning
various costs of credit cards including purchases, cash advances,
introductory offers and payment allocation.

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CONSUMER STUDY

Research conducted by the Nationwide Building Society has revealed
that 69% of credit card consumers do not know the order of their
payment allocation. Among those polled, 66% seek a card that allocates
repayments to the most expensive debt first, yet the average consumer
keeps the same credit card for six years, regardless of the order of
allocation. This factor is what costs consumers GBP 500 million each
year. Among the 69% who are unaware of the correct allocation,
18% thought the longest outstanding debt is paid off first, 12% thought
items with the highest interest are paid off first, 9% thought they get to
choose which items are paid off first, 4% thought the most recent items
are paid off first, and 26% simply did not know.

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DATACARD & ACONITE

To offer customers EMV migration, pre-paid card solutions, and
enterprise card management, Datacard Group and Aconite
Technology have announced a partnership. The solutions of the new
partnership are designed for streamlined integration with companies’
existing host systems. Existing solutions to be combined include
Datacard® Affina® Issuance and Affina® Enterprise software solutions
and Aconite’s EMV Script Processor (ESP), EMV Transaction Enabler
(TRxE) and Pre-Paid Value Manager (PPVM). Datacard Group serves
customers in more than 120 countries while Aconite offers smart card
technologies.

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MEPS & ACI

The Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS)
has extended its relationship with ACI Worldwide through the completion
of “BASE24 Release 6” software upgrade for electronic payments. The
completion of the software upgrade will allow MEPS to provide cross-
border ATM services and meet compliance with the ATM and e-Debit
switching network. ACI Worldwide currently serves more than 800
customers in 84 countries. MEPS provides shared banking services for
networks, electronic cash payments, such as e-Debit, and has partnerships
with switching networks in the ASEAN countries.

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BMO TRAVEL MASTERCARD

BMO Bank of Montreal has launched a prepaid general purpose travel card. The “Prepaid Travel Mosaik MasterCard” is targeting Canadian travelers looking for an alternative to travelers cheques.
The new card is personalized with the cardholder’s name and comes with
the extended warranty and purchase protection insurance. In addition,
the “Prepaid Travel Mosaik MasterCard” provides cardholders the
opportunity to earn one “AIR MILE” reward for every $40 spent on
the card at no additional fee. To promote the new card, BMO Bank of
Montreal is holding a “Purchase, Load & Win” contest with a grand prize
of 50,000 AIR MILES reward miles and $1,000 loaded onto the winner’s
Prepaid Travel Mosaik MasterCard. Cardholders will automatically receive
one contest entry each time their card is loaded with $500 or more thru
August 31st.

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TANGARINE & PEOPLES TRUST

Tangarine has signed agreements with Peoples Trust stipulating the sale
of prepaid Mastercards. Tangarine will be selling the prepaid cards under
the name of “HorizonPlus.” This is in response to the recent termination
of Tangarine’s previous prepaid Mastercard, “MyCard.” “MyCard”
customers will be reissued the “HorizonPlus” card at no additional cost.
Tangarine operates over 8,800 point of sale terminals across Canada
divided between wired (75%) and wireless (25%) terminals.

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