NFC Forum Releases Smart Poster Tags Spec

The NFC Forum has released its fifth specification, the “SmartPoster Record Type Definition” which provides the technical details to create records for smart poster “tags,” integrated circuits that store data that can be read by NFC-enabled devices. Near Field Communication (NFC) is a standards-based, short-range wireless connectivity technology that enables simple and safe two-way interactions among electronic devices, allowing consumers to perform contactless transactions, access digital content and connect devices with a single touch. The NFC Forum was launched as a non-profit industry association in 2004 by leading mobile communications, semiconductor and consumer electronics companies.

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Green Dot NASCAR VISA Wins an Award

Green Dot Corporation has won the “2006 Best New Product- General Merchandise” award by “Convenience Store News” for its reloadable prepaid NASCAR-licensed VISA card. Now in its 10th year, the CSN Best New Product Award is a prestigious and highly coveted honor sought by hundreds of convenience store suppliers. CSN, the leading publication for the more than 110,000 c-store retailers nationwide, evaluates thousands of products based on a variety of criteria, including product innovation and creativity, product packaging and graphics for the c-store retailer. Green Dot Corporation is America’s first and largest provider of retailer- sold prepaid debit cards with over 45,000 purchase locations nationwide, including Rite Aid, CVS Pharmacy, RadioShack, Walgreens, Eckerd, Sunoco, and many more. The National Association for Stock Car Auto Racing, Inc. (NASCAR), which began in 1948, is the sanctioning body for one of America’s premier sports.

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US Hispanics to Have $1.1T in Disposable Income

A new report finds that the U.S. Hispanic community could balloon to $1.1 trillion in disposable income by 2010. There are currently 42.7 million Hispanics currently residing in the U.S., according to market research publisher Packaged Facts. The report says understanding the different cultural characteristics, geographic origins and cultural backgrounds, the varying incomes, ages, and degrees of acculturation are the keys to effectively targeting and marketing to Hispanics. Packaged Facts says marketers need to think outside of the “one size fits all” mentality if they wish to effectively penetrate the Hispanic purse. Packaged Facts is a division of MarketResearch.com.

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Oberthur Dominates Government ID Cards

Oberthur Card Systems has taken the lead on supplying dual interface ID cards to the federal government with more than half of the Federal Government cabinet agencies. The company’s TotalIDOne offer is a dual interface smart card and personalization solution that is being supplied to more than half of the cabinet level agencies in the federal government. Oberthur Card Systems is the only U.S. Company offering an identification ID solution that includes smart card manufacturing, personalization, fulfillment and activation services, as well as the exclusive rights to the card software applets. Oberthur Card Systems is one of the world’s leading providers of card-based solutions, software and applications including SIM and multi-application smart cards as well as services ranging from consulting to personalization.

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Target Card Education Program Generates $183MM

The Target “Take Charge of Education” school fundraising program has awarded more than $13.6 million to schools nationwide this year as a result of its “Target VISA” and “Target Card” program. With the Take Charge of Education school fundraising program, families, teachers and members of the community can designate an eligible K-12 school of their choice to receive an amount equal to 1 percent of their REDcard (SM) (Target(R) Visa(R) and Target(R) Card) purchases made at Target and Target.com.* Target also donates 0.5 percent of all Target Visa purchases made everywhere Visa credit cards are accepted. Target serves guests at 1,443 stores in 47 states nationwide by delivering today’s best retail trends at affordable prices.

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Citi & AA Launch the Private Pass Program

Citibank has introduced the enhanced “Citi/AAdvantage Card Private Pass Program” with access to a new concert series. The series, “Traveling Through Life,” will feature Aerosmith, Dave Matthews, Mary J. Blige, and Tony Bennett. The program will launch October 9th. Cardholders who purchase tickets and their guests are given a complimentary gift at the end of the show. Select cardholders may also have the opportunity to meet and greet the artist backstage and win signed memorabilia. Additionally, the “Private Pass” program will offer Citi/AAdvantage cardholders VIP parking, private entrance to venues, priority/early seating, backstage access, artist meet-and-greet, available nightclub and comedy club access, and guaranteed golf course access. Citi and American Airlines have had a 19-year co-branding relationship.

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Ingrian EdgeSecure Platform Introduced

Ingrian Networks announced the “Ingrian EdgeSecure Platform” which offers a secure hardware-based encryption solution for retailers and banks that need to achieve “PCI” compliance. By combining granular encryption capabilities at the branch location with a centralized management model, Ingrian EdgeSecure enables retailers and banks to effectively address a range of critical security gaps, with unparalleled ease and cost effectiveness. Ingrian Networks brings complete data privacy to the enterprise. With Ingrian DataSecure Platforms, organizations can protect critical data from both internal and external threats, and ensure compliance with legislative and policy mandates for security.

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Pemco Signs Cumorah Credit Union

Las Vegas-based Cumorah Credit Union has selected Pemco Technologies for ATM issuing and acquiring; the institution already uses Pemco for VISA credit processing. Cumorah Credit Union was founded in 1965 to serve the financial needs of members of the Church of Jesus Christ of Latter Day Saints. Pemco Technologies provides innovative payment solutions to the financial industry including credit signature processing, debit signature processing, PIN-based processing, ATM acquiring and switching, cardholder award programs, fraud management/detection/prevention, and gift card programs.

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Moneris U.S. Names a New President

Moneris Solutions has named Gregory Cohen, formerly SVP of Third Party Services for Global Payments, to the position of President of its U.S. business, Moneris Solutions. Cohen will create and execute the strategic direction and business model for the company’s operations in the United States. Cohen previously served as Senior Vice President of Third Party Services for Global Payments Inc. In this position, he was directly responsible for key business segments including Independent Sales Organizations (ISOs), financial institutions, value-added resellers and referral organizations. Moneris offers credit, debit, wireless and online payment services for merchants in virtually every industry segment.

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Arizona State Fair Goes Wireless

The “2006 Arizona State Fair” is using Hypercom’s “Optimum M2100” wireless payment terminals for rides and, for the first time, allowing the fair to accept debit cards. The wireless terminals are expected to speed lines, increase ticket sales, minimize cash handling and enhance guest convenience at the fair, which opens in Phoenix on October 13 and runs through November 5 (closed Mondays). Thanks to Hypercom, Element Payment Systems and Apriva, the devices are also expected to be used at future Arizona State Fairs as well as at other fairgrounds events that previously have not accepted credit card payments. Global payment technology leader Hypercom Corporation (NYSE: HYC) delivers a full suite of high security, end-to-end electronic payment products and services. Apriva is the leading wireless solutions provider integrating the hardware, software and network infrastructure required to develop and deploy high-performance high-reliability solutions in the Point of Sale (POS) and Secure Mobile Messaging markets. Element Payment Services, Inc., provides powerfully diverse, full-service payment solutions that deliver flexible, scalable services; industry-leading POS equipment and solutions; robust reporting capabilities, and reliable, responsive 24-hour customer support to over 30,000 merchants nationwide.

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NBS Selects WAY Systems’ Wireless Terminals

National Bankcard Systems has selected WAY Systems’ “Mobile Transaction Terminals” as its preferred wireless solution for prospective mobile merchants. National Bankcard Systems provides merchant services including Credit Card Acceptance, Electronic Check Acceptance, EBT, Debit Card, Gift Card, ATM services, and a variety of other electronic payment methods to nearly any type of business. WAY Systems is a leading global service provider of mobile phone based Point of Sale solutions designed for millions of unwired merchants worldwide.

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M2 HF SkyeModule Supports Contactless

CO-based SkyeTek announced that the “M2 HF SkyeModule” now provides support for contactless payment, consumer loyalty, and patron management. Based on SkyeTek’s Advanced Universal Reader Architecture (AURA), the M2 can integrate seamlessly into most payment environments, providing support for the contactless payment specifications of MasterCard, Visa, American Express, and Discover. SkyeTek, Inc. develops reader technology that enables the pervasive adoption of RFID as an embedded feature in existing products.

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