MVI To Distribute GALITT In S Asia

MVI Technologies has announced that it will be distributing GALITT’s
testing and certification tools in Singapore, Thailand, and Malaysia. The
tools MVI will distribute include the “KaNest” and KaNest-ICC” simulators.
“The KaNest” simulator provides a test tool to validate exchanges between
transactional systems for card processing and exchanges. The “KaNest-ICC”
simulator tests smartcard and accepting devices, including all EMV-related
components. A “KaNest-ICC” Test Suite has been qualified by EMVCo for
Type Approval of EMV Level 2 terminals and several Test Suites for
cards, devices or End-to-End testing. Included in the agreement, MVI
will also
sell and support the simulators. MVI is a software solution provider
incorporated in 1991.

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Getronics Outsources Using Postilion

Postilion payment processing has announced that Getronics Hungary
will be outsourcing ATM and POS processing to be based on the
Postilion engine. Postilion’s solution will provide end-to-end service
for transaction processing, card issuing, authorization and switching
of payments to Visa and MasterCard. The company is a division of
the S1 corporation and provides integrated solutions for self-service
banking and payment processing, has locations on five continents, and
serve customers in more than 50 countries. S1 provides customer
interaction software for financial and payment services, employs 1,400
people Worldwide, and has more than 3,000 customers. Getronics
has 25,000 employees in more than 25 countries and approximate
revenues of USD $3.4 billion.

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GCA Lands France’s The Partouche Group

Global Cash Access has signed a deal with France’s Partouche Group. Partouche operates 50 properties in France and eight others in Belgium, Switzerland and Spain. Partouche will now offer in-casino “QuikCash” kiosks, as well as GCA’s “QuikCash Plus” Web browser, which streamlines and speeds transactions and improves customer service. Based in Las Vegas, GCA serves over 1,000 casinos and other clients in the U.S., Canada, Europe, the Caribbean and Asia.

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Banks Promote Online Banking

In an effort to ease the burden on bank branches, The Industrial and
Commercial Bank of China (ICBC) and Standard Chartered Bank are
promoting the use of Internet banking for their customers according to
CCTV.com. ICBC Has updated its e-banking system for the on-line sales
of certificate bonds, on-line transfers and remittances and card payments.
Incentives for using online banking include a 20% discount on certain fees.
Standard Chartered Bank has taken similar measures in serving smaller
companies online.

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Citi Campaign Offers Benefits In Popular Categories

CitiBank’s “Citibank Platinum Extreme Bonus” campaign offers Platinum
Select members benefits in the most popular consumer categories. These
include food/groceries, travel, gasoline, hotel, restaurant, and
medical. The
benefits include a 5% cash rebate for every Bht 800/sale slip at Home Fresh
Mart and Gourmet Market, Bht 500 cash rebate when they spend up to Bht
10,000/sale slip/month, free limousine service to the airport through
Citibank
Platinum Travel Service, and 3% cash rebate for every Bht 1,000
spent/sale slip
at SHELL gas stations. Other benefits include a 3 night stay for the
price of one
at 17 hotels nationwide from May 1 – December 21, 2007, up to 50% discount
at over 1,000 restaurants in Thailand, over 2,000 worldwide, and up to 15%
discount at 60 hospitals until December 31, 2007. CitiGroup Financial
Services
company has nearly 200 million customer accounts and does business in more
than 100 countries.

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Experian Acquires Tallyman Debt Software

Experian has acquired the Tallyman debt collection management software and operations. The Tallyman solution is based on three key functions: decisioning (from customer segmentation to strategy setting), collections (to manage customers and the collection process) and analytics (to model strategies and predict outcomes). Continuous improvement in the collection process is achieved using tools for visualisation, simulation and champion/challenger testing of new strategies and collection models. The Tallyman technology is compatible with Experian’s existing Decision Analytics product set and its integration will enhance the capabilities and functionality of Strategy Management, Experian’s market-leading decision engine.Tallyman offers a rapid return on investment by reducing the amount of cash locked up in outstanding debt and reduced debt write-off, resulting in a lower cost of collection. Some forty clients currently use Tallyman to successfully manage more than 20 million customers and control the collection of more than £1.25 billion ($2.5 billion) of debt.

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Crackdown on Internet Gambling Websites

A federal grand jury in Salt Lake City returned a 34-count indictment, charging seven individuals and four companies with conspiring to violate laws prohibiting Internet gambling. The indictment alleges the defendants operated a business that helped Internet gambling websites to disguise credit card charges for gambling as charges for something else, thereby deceiving credit card issuers who otherwise would not have authorized the transactions and assisted Internet gambling websites by arranging fund transfers between bettors in the United States and various Internet gambling websites using Western Union wire transfers. The indictment alleges that the defendants facilitated the payment of more than $150 million to illegal Internet gambling websites. The potential maximum penalties for the counts in the indictment include 20 years for racketeering conspiracy; 30 years for bank fraud; two years for transmission of wagers/wagering information; and 20 years for money laundering. The case is being investigated by the IRS Criminal Investigation Division.

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Ceridian Boots its Comdata President

Ceridian announced that Gary Krow, EVP of Ceridian and President of Comdata has been terminated for violations of Ceridian’s “Code of Conduct.” Krow allegedly had unauthorized meetings with and disclosure of confidential information to Pershing Square Capital and other third parties. Information about the misconduct came to the attention of the Board through documents and testimony provided in legal proceedings commenced by Pershing Square. Jim Burns, EVP and President of Ceridian has been appointed Interim President of Comdata, effective immediately. Robert Skiba, Executive Vice President and General Manager, Comdata Stored Value Solutions and Brett Rodewald, Executive Vice President and General Manager, Transportation Services Division, will now report directly to Mr. Burns.

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Money Network Pay Card is Launched

Coinstar and First Data announced an agreement between “Money Network Financial” and Coinstar E-Payment Services, to offer the “Money Network Pay Card” through select Coinstar kiosks. To obtain the “Money Network Pay Card” at Coinstar kiosks, consumers select and load funds onto a “STAR”-branded “Pay Card” which is activated and instantly available for use at more than 2 million PIN-secured debit retail locations and ATM machines coast to coast. The single-load “STAR” card can be upgraded to a reloadable personalized VISA-branded prepaid card by calling “Money Network.” In addition, the “Money Network Pay Card” products include features that provide ACH bank transfers, as well as convenient paper “Money Network Checks.” The Money Network Checks offer a unique option that permits cardholders to withdraw up to 100% of their pay to the exact penny without any fees.

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