Usimera Card Deal

SchlumbergerSema has signed a contract with Hutchison 3G UK Limited to supply USIM smart cards and provide training and support. The contract calls for SchlumbergerSema to deliver its “Usimera” cards to Hutchison 3G UK, as well as Hutchison Whampoa’s other 3G operations around the world. In May, Hutchison 3G awarded SchlumbergerSema a separate contract to provide consulting and project management expertise for the deployment of Hutchison 3G’s security platform. The 3G standard (agreed throughout Europe, Japan, China, and the rest of Asia) is formally known as UMTS (Universal Mobile Telecommunications System). It represents a global standard for third generation communication systems and is at the heart of the Hutchison 3G initiative. Hutchison Whampoa Limited holds a 65% stake in Hutchison 3G, the other major shareholders are NTT DoCoMo (20%) KPN Mobile (15%).

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USWD & NXT

U.S. Wireless Data announced that it is in discussions with a third party related to the sale of its wholly owned subsidiary NXT Corporation. USWD has not released its 2Q/02 earnings report as of today. However during the quarter ending March 31st, NXT Gateway Services sites surpassed 45,400, a 7% increase compared to the same period of the prior year and transactions increased 18%, to 146 million from 124 million during the same period last year. For the nine months ended March 31, USWD revenue increased to $6.6 million from $2.1 million in the prior fiscal year. The company reported a net loss of $3.4 million for the first quarter compared to a net loss of $5.6 million for the prior-year quarter. For complete details on USWD’s latest performance visit CardData ([www.carddata.com][1]).

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

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BOC – NCR DEAL

Beijing-based Bank of China has signed a US$20 million deal with NCR Corporation for ATMs. Under the agreement, NCR will provide Bank of China with Personas 86, Personas 84, Personas 74 and Personas 75 ATMs with enhanced self-service functions. BOC already has over 6,000 ATMs, and the intention is to add multiple units to its 13,000 points of service. NCR helped Bank of China install China’s very first online ATM in 1988 at the bank’s Shenzhen branch. Last month, China Construction Bank inked a US$14.4 million hardware and software deal with NCR. CCB will deploy NCR’s “Personas 84” and “Personas 86” ATMs across China. CCB currently has 8,000 ATMs deployed across China. NCR and CCB have a 12 year relationship. There are 50,000 ATMs total in China.

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AmEx Sports

American Express is going all out for the 2002 US Open, with the launch this week of a new campaign, entitled “The Official Card,” which leverages the “Official Card” status AmEx holds with the US Open. The campaign marks the launch of the new umbrella campaign for all AmEx sports and entertainment sponsorships. AmEx says the “Official Card” campaign is an evolution of the “Streets” campaign AmEx launched in 1999 to support its sponsorships. The US Open TV ad campaign will be featured on both the CBS and USA Networks and will star Capriati, Roddick and Seles. The print campaign will feature four-time US Open champion Pete Sampras and rising star James Blake. Amex is also beefing up a Web site to deliver player news and photos, updated scores and highlights and games. AmEx will also present to cardholders on Labor Day a complimentary preloaded one-ride Metrocard and a US Open carrying case featuring an image of one of the tennis greats from the AmEx campaign. AmEx is also offering cardholders “Pose with the Pros,” an interactive photo experience which allows fans to pose next to an image of one of the featured talent in the campaign.

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MASTERCARD MID-YEAR

MasterCard reported that its cardholders produced more than 6.3 billion transactions in the first six months of 2002, generating gross dollar volume of $534.7 billion, an increase of 15.7% over the same period in 2001. Latin America was the fastest growing region with a 26.4% increase, while Europe posted the weakest growth of 11.9%. Growth in other MasterCard regions: the U.S. rose 16.8%; Asia/Pacific, 14.9%; South Asia, Middle East/Africa, 22.1%; and, Canada, 19%. GDV in Europe for the first six months of 2002 was $107.8 billion. The Asia Pacific region reported MasterCard GDV of $108.5 billion. The AP regional results were driven by strong MasterCard GDV growth in Korea (up 34.7%), Australia (up 13.8%) and Japan (up 13.7%) between the periods. In Canada, MasterCard GDV hit $14.9 billion. Latin America reported MasterCard GDV of $16.2 billion. In South Asia, Middle East/Africa, MasterCard GDV hit $3.5 billion, a 22.1% increase over last year. Strong purchase volume growth of almost 23%, strong cash volume growth rates
and a very strong GDV growth rate in South Africa fueled the region’s growth in the second quarter of 2002 compared to 2001.

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MasterCard Globally

Latin America was the fastest growing MasterCard region for the first half of this year, with a 26.4% increase, while Europe posted the weakest growth of 11.9%. Growth in other MasterCard regions include: Asia/Pacific, up 14.9%; South Asia, Middle East/Africa, up 22.1%; and, Canada, up 19%. Gross Dollar Volume in Europe for the first six months of 2002 was $107.8 billion. The Asia Pacific region reported MasterCard GDV of $108.5 billion. The AP regional results were driven by strong MasterCard GDV growth in Korea (up 34.7%), Australia (up 13.8%) and Japan (up 13.7%). In Canada, MasterCard GDV hit $14.9 billion. Latin America reported MasterCard GDV of $16.2 billion. In South Asia, Middle East/Africa, MasterCard GDV hit $3.5 billion, a 22.1% increase over last year. Globally, MasterCard produced GDV of $534.7 billion, an increase of 15.7% over the same period in 2001, excluding Cirrus and Maestro on-line debit activity.

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USIM SMART CARDS

SchlumbergerSema has signed a contract with Hutchison 3G UK Limited to supply USIM smart cards and provide training and support. The contract calls for SchlumbergerSema to deliver its “Usimera” cards to Hutchison 3G UK, as well as Hutchison Whampoa’s other 3G operations around the world. In May, Hutchison 3G awarded SchlumbergerSema a separate contract to provide consulting and project management expertise for the deployment of Hutchison 3G’s security platform. The 3G standard (agreed throughout Europe, Japan, China, and the rest of Asia) is formally known as UMTS (Universal Mobile Telecommunications System). It represents a global standard for third generation communication systems and is at the heart of the Hutchison 3G initiative. Hutchison Whampoa Limited holds a 65% stake in Hutchison 3G, the other major shareholders are NTT DoCoMo (20%) KPN Mobile (15%).

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Net Rewards

The battle to incent consumers to sign for debit card purchases instead of using a PIN, is picking up more steam. Yesterday PULSE EFT Association and MasterCard rolled-out the “Signature Points” program after a full year of development. The program will enable banks of all types and sizes the opportunity to offer their cardholders rewards for using their signature debit cards when making purchases. “Signature Points” can be redeemed for a variety of goods and services, including airline tickets, hotel rooms, rental cars, merchandise and gift certificates at popular retailers. Rollout of the program to PULSE member financial institutions is expected in the third quarter 2002. The PULSE program is only for MasterCard debit cardholders but will be released to “VISA Check Card” holders early next year. PULSE processed more than 84 million signature-based debit transactions, totaling 10% of PULSE’s volume.

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