ADS Extends Limited Brands Card Deal to 09

Dallas-based Alliance Data Systems has signed agreements with Limited Brands to continue providing credit card programs for Victoria’s Secret, The Limited, Express, Bath and Body Works and Henri Bendel through 2009. The agreements formalize the intentions of both parties to deploy new tools and resources to expand the card programs. Alliance Data will continue providing account acquisition and activation, receivables funding, card authorization, card issuance, statement generation, loyalty marketing services related to the credit card, remittance processing, and customer service functions. Limited Brands presently operates 3,677 specialty stores. Alliance Data is a provider of transaction services, credit services and marketing services, managing over 105 million consumer relationships.

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STM And Smardtech To Develop Smart Cards for ERG

STMicroelectronics and SmardTech are collaborating to develop and
deliver a smart card solution based on the “ST19W” secure MCU family and
the SmardOS operating system, as part of an electronic ticketing system
developed by German card.etc AG, together with ERG Transit Systems.
The smart card solution meets the technical requirements of the VDV
(Association of German Transport Operators) Kernapplikation (KA) project
to develop and establish a national e-ticketing technology standard.
SmardTech is a provider of software solutions for smart cards and smart
tags based applications. card.etc AG is a full service provider for
integrated smart card solutions and an issuer of multi functional smart
cards for public transport. STMicroelectronics provides
semiconductor solutions for microelectronics applications. In 2004, the
Company’s net revenues were $8.76 billion and net earnings were $601
million.

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Sony Adds More Zip to the AmEx IN:LA Card

Sony Pictures Digital and American Express have teamed to launch “IN:LA Flash Rewards.” The new program features technology that disseminates time-specific rewards through mobile text messaging and e-mails to “IN:LA” cardholders. The program allows entry to exclusive private concerts from top rock and hip hop acts and VIP movie screenings of two major motion picture releases as well as other special offers, discounts and giveaways from local LA establishments. The “IN:LA Flash Rewards” program will run for a minimum of thirteen weeks. In September, AmEx launched its third city-centric credit card. The “IN:LA Card” features the “INSIDE Rewards” program whereby cardholders earn one point for every dollar spent and double points on local dining, movies, mobile phone service, cable and satellite TV service, Internet service, gym membership and magazine/newspaper subscriptions. AmEx also offers the “IN:CHICAGO Card” and the “IN:NYC Card.” (CF Library 9/30/04; 9/22/05; 9/30/05)

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Peter Norton Energizes the SinoPEC Nationwide Gas Card

eChinaCash and SinoPEC have rolled out the “SinoPEC
Nationwide Gas Card” along with the “Sincere Appreciation Customer Loyalty Program.” Both the card and loyalty program are designed to strengthen
SinoPEC’s brand image and customer loyalty while rewarding customers
through a strategic network of global partners and sponsors. The eChinaCash Chairman is Peter Norton of Norton Anti-virus software. SinoPEC holds over a 70% market share in China’s gasoline industry and has annual sales of over $71 billion. eChinaCash is a major provider
of payment card solutions and applications for large Chinese
corporations and financial institutions.

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Experian Acquires PriceGrabber for $485MM

Experian has acquired Los Angeles-based PriceGrabber.com for $485 million plus expenses. PriceGrabber.com will become part of Experian Interactive, which currently includes LowerMyBills.com, MetaReward, Affiliate Fuel, ClassesUSA.com and Experian Consumer Direct. The PriceGrabber.com database contains millions of products in more than 20 categories, such as consumer electronics, clothing, photography, computers, office products, software, toys, home and garden and video games. The company also powers comparison shopping on more than 300 Web sites. This year, PriceGrabber.com estimates sales to be $60 million. PriceGrabber.com was founded in 1999 and employs 140 people.

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E-Plus Inks Deal to Use Redknee’s mCommerce Gateway

Redknee has secured a contract to provide its new
“mCommerce Gateway” to mobile network operator E-Plus. “MCG” will
provide subscribers with the ability to make mobile payments for retail
goods, content and media via their mobile handsets, so they can better
manage and control their expenditures and provides a secure interface
for managing multiple content partnerships, accepting credit and debit
cards and pre- and post-paid accounts, allowing the operator to define a
monthly maximum limit for mobile retail spending. Redknee is a provider
of mobile phone infrastructure software.

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Near-Field Pilot Scheduled for Atlanta

A major “Near Field Communication” pilot for mobile phone applications including contactless payments is set to launch in Atlanta. Chase, Cingular Wireless, Nokia, Philips, VISA, ViVOtech, and the NBA’s Atlanta Hawks, NHL’s Atlanta Thrashers and Philips Arena will participate in the trial. Approximately 150 contactless POS readers have been deployed by ViVOtech throughout Philips Arena in Atlanta. Fans will also be able to access and download mobile content such as ringtones, wallpapers, screensavers, and clips from favorite players and artists by holding their NFC-enabled phone in front of a poster embedded with an NFC tag.

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DIRECTV Pays Largest DNC Fine To-Date

Satellite television provider DIRECTV has agreed to pay a $5.3 million fine to settle FTC charges it violated the “Do Not Call” rules. This is the largest civil penalty the FTC has ever announced in a case enforcing any consumer protection law. The complaint alleges that telemarketers calling on behalf of DIRECTV contacted consumers on the National DNC Registry. In addition, the complaint alleges that one of the telemarketers – Global Satellite, directly or through another entity – abandoned calls to consumers by failing to put a live sales representative on the line within two seconds after the called consumer completes his or her greeting, as required under the law. The complaint also alleges that DIRECTV provided substantial assistance and support to Global Satellite, even though it knew or consciously avoided knowing, that Global Satellite was violating the TSR.

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Morgan Beaumont Hits 100K Points of Presence

Florida-based Morgan Beaumont reported net revenue for the third calendar quarter of $417,000 and a net loss of $1.9 million as the Company attained 100,000 contracted “SIRE Network” points of presence. Net revenue for fiscal twelve months of 2005 was $1.1 million compared to $60,000 in the same twelve month period in 2004. Net loss for fiscal 2005 was $5.8 million, or $0.12 loss per share, compared to $1.6 million, or $0.10 loss per share in the prior twelve month period. Morgan Beaumont is a provider of stored value and prepaid card solutions.

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Moneris Signs Six Universities Proc Deals

Chicago-based Moneris Solutions has signed agreements to provide credit card processing services to six higher education institutions including Arizona State University, University of Vermont, Duquesne University, James Madison University, Saint Mary’s College of California and Virginia Tech. Under the agreements, Moneris will provide credit card processing services through infiNET’s QuikPAY product, which provides the fully integrated automated payment and commerce solution for the higher education market. Students and families of these universities will have the convenience of paying their tuition and fee statements online with a credit card. Moneris Solutions is an electronic transaction processor and is a joint investment of the Royal Bank of Canada and the Bank of Montreal, which have assets in excess of $700 billion.

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GreenZap Hits 400K Members Since June

San Diego-based GreenZap reports its membership has now grown to exceed 400,000. Members are rewarded with WebCash, which can now be used not only to cover transaction fees, but also in the online store toward discounts on a variety of goods and services through partner merchants. GreenZap offers increased discounts and free transactions for members who upgrade their account to “Gold” status. GreenZap Inc, a San Diego-based company, enables any business or consumer with an email address to send and receive money online.

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