PaySimple Empowers the Collection-Master Software

Denver-based PaySimple announced a strategic agreement with Commercial Legal Software to provide a complete integrated payment processing solution to the “Collection Master” system. This new collaboration enables Collection-Master customers to seamlessly bill and collect payments directly from the software via auto-recurring billing, electronic check processing, direct-debit and credit card processing. In addition, payment processing via the PaySimple system is expected to save Collection-Master users more than 70% over legacy check-by-phone processing. PaySimple is an industry-leading provider of payment management solutions. PaySimple simplifies billing and collection processes by enabling customers to invoice, collect and deposit all of their payments automatically. Commercial Legal Software is the maker of Collection-Master, the most advanced and mature specialty software for debt collection, foreclosure, and subrogation.

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MasterCard and Ariba Team for C-Cards

MasterCard and Ariba have signed an agreement to enhance payment solutions for companies around the world. Under this agreement, Ariba and MasterCard will connect enhanced transaction data from the MasterCard global data repository with Ariba “Supplier Network,” resulting in integration of purchasing and corporate card programs available for companies globally. MasterCard reports that purchasing card programs are coming under increasing corporate scrutiny, and industry research shows that 69% of companies expect purchasing card spending to increase or significantly increase over the next three years. Under the new deal companies will be able to eliminate many of the inefficiencies commonly associated with invoice reconciliation and expense reporting, streamline reconciliation and accounts payable processing, improve control over maverick spending, and enhance overall policy compliance.

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Barclaycard to Combine Oyster with Barclaycard

Barclaycard has inked a deal with TranSys, the consortium which
runs “Oyster” card in partnership with Transport for London, to
combine “Oyster” and “Barclaycard” on one piece of plastic. The deal
includes the exclusive rights to place “Oyster” on “Barclaycard” and
“Barclays Connect VISA” cards for at least the next three years.
The TranSys consortium, whose principal partners are EDS and Cubic Transportation Systems, is responsible for developing, installing, managing and maintaining the “PRESTIGE” automated fare collection system which includes the contactless smartcard “Oyster.” “PRESTIGE” is a PFI delivered by TranSys in partnership with Transport for London. Barclaycard currently has11.2 million cardholders.

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New Report Finds Low Ticket Debit Card Use

A new poll has found that 76% of respondents now have or use a debit card, up from 73% in September 2005. Chicago-based Mintel says 10% of respondents reported using debit cards for purchases under $1. At present, almost one quarter of Mintel respondents report having some type of rewards program with their debit card, and 68% of respondents feel that debit card rewards are valuable. Close to 40% of these respondents said that they did not use debit cards because they prefer to use credit cards.

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NetSpend Adds Two Top Executives

TX-based NetSpend has hired Marlene Maxon, formerly with Heinrich, as SVP/Marketing and James DeVoglaer, founder of KAIAN, as VP/Information Technology. At Heinrich, Maxon developed direct marketing campaigns and launched programs for Fortune 500 companies such as Federated Department Stores, Macys.com, and Wal-Mart. Maxon’s primary responsibilities will include driving NetSpend’s marketing initiatives by providing strategic counsel to the executive and marketing teams. She assumes the responsibilities of Bertrand Sosa, NetSpend co-founder and vice president of advertising, who has transitioned to a role of company ambassador. NetSpend Corporation is the leading provider of innovative, accessible prepaid debit cards that enable financial freedom and growth for self-banked consumers.

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VISA Intl Takes a Stake in mFormation Technologies

mFormation Technologies has inked a strategic alliance with VISA International to advance over-the-air solutions for mobile payments. For the payments industry, this ability offers the potential for banks and operators to securely and remotely provision mobile devices with payment applications, and ultimately bring mobile payments programs to commercial scale. mFormation supports top-tier mobile operators around the world, providing a completely integrated mobile device management suite – from initial configuration, to diagnostics and maintenance, to customer experience monitoring and management. mFormation Technologies Inc. is the market leader in mobile device management (MDM) software, offering a complete solution that enables mobile operators to rapidly accelerate their data revenues and reduce support costs.

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TRM Exits the Photocopier Business

OR-based TRM has entered into a definitive agreement to sell its U.S. photocopier business to TRM Copy Centers for $9.2 million. TRM and the purchaser have also entered into a Facilities Maintenance Agreement and Transition Services Agreement which provide for certain services to be provided by and for TRM during a transition period that is expected to be between 45 and 180 days. Over 100 employees will be transferred with the sale of the Photocopier business. TRM Corporation is a global consumer services company that primarily provides convenience ATM services in high-traffic consumer environments. Skyview Capital, LLC (http://www.skyviewcapital.com), a private investment firm headquartered in Beverly Hills, Calif., specializes in the acquisition and continuous management of “systems – critical” enterprises in the areas of technology, telecommunications, business services, and niche manufacturing.

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Small Business Use of Credit Cards Increase

The largest lenders continued to focus on the market for loans under $100,000, especially the business credit card market. The SBA says this market accounted for 70% of the total number of micro business loans in June 2005. The largest lenders♠share of the market for loans between $100,000 and $1 million remained relatively unchanged, in both amount and number. The number of small business loans outstanding under $100,000 increased 25% between June 2004 and June 2005. The SBA report also noted that the number of small business loans outstanding between $100,000 and $1 million increased 5% during the same period.

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NCR RFID Retail Compliance is Released

NCR has released an out-of-the-box solution that enables manufacturers to quickly and readily meet retailers’ mandates for delivering merchandise with radio frequency identification tags at the case and pallet level. The package, “NCR RFID Retail Compliance,”0 provides companies with all the components needed to install and implement an RFID tagging solution in a matter of hours. The solution consists of NCR application software, an RFID printer, a bar-code scanner and a startup supply of RFID labels that comply with the EPCglobal Generation 2 standard. Also included is a year of software telephone support.

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LINK Adds Incentives to ATM Operators

The LINK Scheme this week agreed to change its rules to provide incentives to ATM operators to deploy free cash machines in target communities without free machines. The deal represents the culmination of six months of work in an ATM Working Group. However, a small but significant number of such communities had either
only charging machines or no machines at all. The Working Group
estimated that around 600 new free machines would address the need for
free-of-charge cash access in these areas. Last month, Bank Machine joined HBOS, the Royal Bank Group and HSBC in pledging to install free-to-use ATMs in Link-defined low-income areas. The Company says about 600 areas requiring free-to-use ATMs have been identified and so far the Banks have only managed to reach 500 in terms of their commitments. Bank Machine is bridging the gap by providing at least 100 cash machines for appropriate sites, matching the offers made by HBOS and HSBC.

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ClickandBuy Version 2.0 Released

NY-based ClickandBuy released “ClickandBuy Version 2.0,” enabling merchants to provide more billing options and allow consumers to create new accounts where they can hold money on balance in a personal “ClickandBuy” account. Phone billing, which is popular in Europe, will be introduced by ClickandBuy during the Spring of 2007. With this new version, the company will also unveil a peer-to-peer payment system in 2007 where consumers can buy and sell digital goods to one another. The new platform offers consumers more options, such as the ability to create a personal account – similar to a bank account – with a balance, eliminating the need to “pay as you go.” ClickAndBuy is the leading payment provider for digital content and e-services for online and mobile content.

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