Wincor Nixdorf New Kiosks

Wincor Nixdorf launched two new kiosks for the hospitality and retail markets including the small-footprint “CERTO” kiosk and the attractive “Orbiter” kiosk. The small-footprint CERTO kiosk, designed for indoor use, can be used for a variety of applications including information kiosk, gift registry, self-service ordering in restaurants or grocery delis, or automated hotel check-in. The innovative Orbiter, with an eye-catching design, is intended for indoor or outdoor use and can handle additional functions including printing movie tickets, coupons and car rental documents.

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Walgreens Phone Card

IDT Corporation has been selected as the exclusive prepaid calling card provider to the nation’s largest drugstore chain. NJ-based IDT will supply Walgreens-branded pre-paid calling cards to the drugstore chain’s 3,954 stores. The new Walgreens phone cards will be sold in $10, $20 and $40 denominations. IDT expects the Walgreens product will generate approximately $45 million in revenues over the next 12 months. IDT also reported this week that revenues for the quarter ending October 31st increased 30.6% over the sane quarter one year ago. The company also reported a net loss for the quarter ending October 31st of $4.1 million, compared to a net loss of $78.2 million for the same year ago quarter. The loss was primarily related to a loss of $24.7 million for its Winstar division. Calling card revenues amounted to $270.7 million for the quarter, 11.7% more than the calling card revenues of the same quarter in 2001. For complete details on IDT’s latest performance visit CardData ([www.carddata.com][1]).

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

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Genpass Exec

TX-based Genpass Technologies has hired Curtis Fish, former EVP of Star Systems and project consultant for Citicorp, as SVP/Client Relations. Prior to his arrival at Genpass, Fish developed the Cash Access Plan for the State of California EBT (electronic benefits transfer) program on behalf of Citicorp. Fish had worked on a similar project while at the PULSE EFT Association earlier in his career, developing an EBT pilot plan for Houston.

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Charity Rewards

CT-based Trilegiant Loyalty Solutions (formerly a Cendant division) and CA-based National Scrip Center have teamed to launch a new program that will enable consumers to convert points they earn from participating companies, such as credit card issuers, into donations to charities. The new “Charity Rewards” program will offer set redemption levels in exchange for donations to any one of a list of client-selected charities. Trilegiant plans to offer a database of charities to which members may donate points. NSC has helped more than 9,000 nonprofit organizations nationwide raise over $170 million net. Trilegiant is the successor to Cendant Membership Services, Inc. and Cendant Incentives.

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E-Tailer Fraud

A new study says online retailers in the USA will lose nearly $500 million to fraud this holiday shopping season. The Gartner report estimates $160 million will be lost to fraud and approximately $315 million will be lost in sales due to suspect transactions. The research also showed that major online merchants are highly skeptical that new initiatives by VISA and MasterCard to address fraud through the “Verified by VISA” and “MasterCard SecureCode” programs will markedly reduce their fraud losses. The study is based on a survey of more than 50 other leading online merchants in June.

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PULSE Gold

KS-based Gold Bank has joined PULSE EFT adding 45 bank locations, 50 ATMs, and 30,000 cardholders throughout Kansas, Missouri and Oklahoma to the “PULSE” network. Gold Bank of Kansas is Gold Banc Corporation’s flagship institution, and is the fourth largest bank domiciled in that state. It has 27 locations strategically positioned throughout Kansas and in Missouri. Gold Bank of Oklahoma features locations in Oklahoma City and Tulsa, as well as 14 other communities.

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CITIZEN CARDS

Saudi Arabia’s National Information Centre, a division of the Ministry of
Information in Riyadh, has signed a contract with Digimarc ID Systems for
“Citizen Cards.” Up to 500,000 cards will be issued for the country. Under
the contract Digimarc ID Systems provides secure imaging and card materials
including secure laminates with magnetic stripes and its proprietary
optical-variable, ultraviolet and other security features. The Citizen
Cards will be issued over the counter at more than 250 NIC locations across
Saudi Arabia. The contract was the result of a partnership between Digimarc
ID Systems and Arabian Business Machines, a part of the Olayan Group of
Companies.

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Cubic 3Q/02

San Diego-based Cubic Corp. reported that earnings for the quarter ending September 30th were up 73%, and sales for the period were up 14% from last year. Earnings for the quarter were $10.2 million, compared to $5.9 million for 2001. Sales for the quarter were $149.0 million, compared to $131.2 million for the same period last year. Transportation sales increased 13% to $231 million in fiscal 2002 (ending 9/30/02) from $205 million last year. Operating profits for the transportation segment increased by 8% to $23.3 million for 2002, compared to $21.6 million in 2001. The increase came despite severance costs from closing an outdated U.K. facility and legal costs from a dispute of an Australian contract tender. For complete details on Cubic’s 3Q/02 report visit CardData ([www.carddata.com][1]).

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

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CUSCAL & DIEBOLD

Sydney-based CUSCAL, which represents 175 credit unions across Australia,
has signed an agreement with Diebold for ATM solutions. Under the two-year
agreement, Diebold will provide second level maintenance and support to the
“Rediteller” ATM network. CUSCAL’s affiliated credit unions have more than
1,300 ATMs across the country. Diebold is Australia’s largest ATM service
provider, maintaining approximately 7,000 ATMs nationwide. CUSCAL credit
unions have around $25 billion in assets and 3.6 million members.

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