FDC Partners with JCB and ICBC

First Data has joined forces with JCB and has launched a bank card conversion project for ICBC. FDC will support JCB in its efforts to enable its clients to issue JCB cards via its “VisionPLUS” card processing system. Using a full suite of “VisionPLUS” modules, ICBC will
integrate the data source of its newly acquired bank in Hong Kong. First
Data will provide ICBC the conversion to this enhanced platform and a
quality solution with ongoing technical support and service. First Data, with a fully operational data center in Shanghai providing
card and merchant processing solutions, serves four of China’s five
largest commercial banks, including Industrial and Commercial Bank of
China, Bank of China (Hong Kong), a subsidiary of Bank of China, Agricultural Bank of China and Bank of Communications, plus
other financial institutions in China and North Asia.

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OPC Signs Datatel to a Processing Deal

Official Payments has entered into a partnership agreement to provide payment processing services as an integrated part of the Datatel Colleague ERP system. OPC will provide Datatel clients with e-commerce capabilities that include credit card payments, pin-less debit card payments, electronic check payments and the ability to charge convenience fees. These payments can be made via the Web or face-to-face using Datatel Colleague. Tier provides transaction processing and packaged software and systems integration services for public sector clients. Datatel provides integrated enterprise information management solutions for higher education.

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TNB BT Promotion Produces a 2.39% Response

Dallas-based TNB Card Services reports that balance transfer offers helped 42 credit unions gain more than $5 million in outstandings. The special three-month promotion was launched shortly after the holiday buying season by TNB for its clients. The average transfer per member was $3,450. TNB says this was the most successful promotion ever in terms of response and average transfer. TNB offers a balance transfer promotion two times each year for CU clients. The total balances transferred in the 2005 promotion amounted to $5.01 million by 1,451 cardholders. The 2.39% response rate was based on about 61,000 qualified accounts that were the targets of the offer. Depending on the rate each credit union selected, transfers were offered from 0% to 7.9% APR – an offer good through the end of April 2005.

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Cubic’s San Diego Fare System is Dedicated

Cubic’s San Diego automated fare collection system is formally dedicated. Customers will buy tickets to ride the San Diego Trolley system through ticket vending machines. The new machines will accept cash and dispense proof-of-payment tickets and include easy-to-follow menu screens to walk customers through ticket purchase, with instructions in English or Spanish, in addition to audio and Braille navigation. Cubic Transportation Systems, Inc. is a full-service systems integrator of automated fare collection systems for public transportation systems worldwide.

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BlackBerry Executive Featured in AmEx Ad Campaign

Mike Lazaridis, a force behind the “BlackBerry” has joined the American Express global advertising “My life. My card.” campaign. The campaign communicates the role the American Express Card plays in
the lives of the extraordinary people showcased in the line-up such as
Robert De Niro and Ellen DeGeneres. The Lazaridis spot opens with a person writing on a blackboard. As the spot unfolds, people are writing on blackboards. The blackboards are visual links to the way people capture and exchange ideas. The underlying message is that ideas can be conceived and captured anywhere. Throughout the spot, Lazaridis tells us about his most famous idea – “BlackBerry” – and about how “BlackBerry’s” success allowed him to create the Perimeter Institute. Lazaridis is President and Co-CEO of Research In Motion. He also launched the Perimeter Institute for Theoretical Physics with a $100 million donation, which he describes as an investment in the future

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AmEx Adds Indian Airlines Credit Cards

Indian Airlines and American Express have expanded their relationship with the launch of a new credit card. The partners currently issue a standard and a gold AmEx charge card, according to last week’s issue of CardFlash International. The new credit card offers 15% savings on all Indian Airlines economy class fares, 10% savings on all business class fares, 5% savings on “Easy Fares” and an additional 5% saving on all class fares when tickets are purchased through American Express. New account holders receive an annual fee waiver for the first year by applying before August 31st. The card offers an interest rate of 1.9% per month or 22.8% per annum.

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Navy FCU Up 15%; Natl City Drops 3.5% in Q2

The nation’s largest credit union bank credit card issuer, Navy FCU, surged more than 15% in second quarter outstandings. Meanwhile, OH-based National City reported that its second quarter credit card outstandings were down 3.5% year-on-year and down a tad sequentially. VA-based Navy FCU reported that 2Q/05 outstandings rose to nearly $1.9 billion in the second quarter. As of June 30th, Navy FCU had 1,038,601 accounts compared to 1,009,233 in the prior quarter, and 926,062 accounts one-year ago. The number of active accounts also increased sequentially and year-over-year to 551,065. The number of cardholders topped 1.15 million for the quarter. National City reported $2.34 billion in second quarter managed outstandings, compared to $2.43 billion one-year ago, and $2.35 billion in 1Q/05. In the current quarter ended June 30th, National City had 1,737,966 gross accounts and 1,113,934 active accounts, according to CardData. ([www.carddata.com][1]). For complete details on National City’s and Navy FCU’s 2Q/05 performance, visit CardData ([www.carddata.com][2]).

NATL CITY CARD LOANS
1Q/03: $2,271 million
2Q/03: $2,417 million
3Q/03: $2,179 million
4Q/03: $2,558 million
1Q/04: $2,443 million
2Q/04: $2,426 million
3Q/04: $2,432 million
4Q/04: $2,518 million
1Q/05: $2,352 million
2Q/05: $2,341 million
Source: CardData (www.carddata.com)

NAVY FCU SNAPSHOT
2Q/05
Outstandings: $1,863,083,165
Volume: $1,160,368,513
Accounts: 1,038,601
Actives: 551,065
Cards: 1,151,931
Source: CardData (www.carddata.com)

[1]: http://www.carddata.com
[2]: http://www.carddata.com

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PayPal Launches a Service Integrating 20 Debit Cards

PayPal has launched a new service specifically designed for Chinese Internet users. “PayPal China” offers payments in the local currency and integration with 15 Chinese banks and more than 20 different debit cards. Additionally, “PayPal China” is the only direct online payment service that offers a buyer protection program for purchases made on popular Internet portal sites Netease and TOM Online. PayPal will offer buyer protection on China’s leading ecommerce marketplace, eBay EachNet, on September 1st. “PayPal China” joins the growing list of PayPal’s international sites, including: PayPal Australia, PayPal Austria, PayPal Belgium, PayPal Canada, PayPal France, PayPal Germany, PayPal Italy, PayPal Netherlands, PayPal Spain, PayPal Switzerland and PayPal UK.

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Carlson Wagonlit Accepts UATP in the USA

UATP has expanded its Carlson Wagonlit Travel relationship beyond Europe, the Middle East and Africa, to include the USA. As a UATP Merchant, CWT clients are now able to pay for and track all service fees and airfares charged on their UATP account. UATP accounts are accepted as a form of payment for corporate business travel by more than 200 airlines worldwide. Carlson Wagonlit Travel is a world leader in business travel management with annual sales of $19 billion.

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PSCU Inks Shell Employees FCU Processing

Houston-based Shell Employees FCU has signed a long-term debit and credit card processing contract with PSCU Financial Services. PSCU Financial Services will convert more than 18,000 debit accounts for signature and PIN processing and 5,000 ATM accounts to the Debit Advantage platform and 9,000 credit card accounts to the CreditAbility platform for the $293 million, 28,000-member credit union. PSCU Financial Services is the nation’s largest credit union service organization, representing more than 8 million cardholder accounts and 200,000 online bill payment subscribers.

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