Best Buy GlobalSTORE

Best Buy has selected Fujitsu’s GlobalSTORE software for its POS applications, and has begun implementing the software in more than 1,300 Musicland Group stores, including Sam Goody, Media Play, Suncoast, and On Cue. The GlobalSTORE rollout began in April and will be completed in late 2003. The software will support 7,000 POS terminals. Best Buy has been a Fujitsu customer since 1997.

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PAY-WARE RESOLVE

Allied Irish Banks p.l.c. has selected Trintech’s PayWare Resolve AS 5.0 to further automate the handling of disputed card transactions. AIB is Ireland’s largest card issuer and merchant acquirer. PayWare Resolve AS is an exception management system for acquirers and processors, that radically improves the management of exceptions and payment disputes. Version 5.0 provides enhanced functionality for simplified processing of transaction disputes and builds on the functionality of previous releases with increased efficiency.

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AquaCard

Smart cards and water have come together as a New Jersey firm launches the AquaCard. The new debit card system from WorldWater Corporation enables users to purchase clean drinking water by the liter. The first cards have been shipped to the island province of Cebu in the Philippines. Cebu residents will insert the cards into AquaMeters which then deliver the requested number of liters of clean drinking water from the solar pump near by. The smart cards are recharged by the customer at a community bank. The user can purchase up to 1000 liters per charge. WorldWater maintains a 10% carrying charge net of the card gross for service charges during a 10-year contract.

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ADS & AMEX

Amex Canada renewed its agreement with The Loyalty Group, an Alliance Data Systems subsidiary, to continue as a sponsor in the Canadian AIR MILES Reward Program. More than 60% of Canadian households actively collect AIR MILES reward miles at more than 100 sponsors, representing over 12,000 retail and service locations across the country. AIR MILES reward miles can be exchanged for more than 300 different rewards, such as travel, movie passes, entertainment attractions, electronic merchandise and more. AmEx introduced its AIR MILES Credit Card in 1997. AmEx is one of Alliance Data’s top 15 clients.

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AUTHENT-IC B2B

Korean Exchange Bank and the Chohung Bank have selected Oberthur Card Systems to provide them with Identrus-certified smart card-based solutions. Chohung and KEB are the first Identrus financial institutions to go live in Korea. The solution, commonly referred to in the marketplace as “Black Box for Identrus Members,” will enable the two Korean banks to conduct business on the global PKI network of trust created by Identrus. It will allow them or their clients to identify one another, perform secure online electronic communications and transactions and create an indisputable transaction record. The Oberthur solution ­ called “AuthentIC B2B” ­ includes a Java Card, a PC/SC card reader and customizable client software. Oberthur recently delivered Identrus solutions to the Nordea Group, a banking group in the Nordic region.

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PREPAID PHONE CARDS

China Railway Communication Co. Ltd has formed a partnership with Hong Kong-based Elephant Talk Communications, Inc. for VoIP services and pre-paid calling cards. ChinaRailcom will market the co-branded products via its retail chains, while ElephantTalk will contribute its reseller channels in the United States and major cities internationally. ChinaRailcom has recently set up a long-distance communication network, a local switching network, a data network and a paging network. ElephantTalk has recently reached agreements with JiTong Network Communications Company Limited and China Netcom Corporation Limited, and is acquiring regional operators like GridTel.Net Limited to expand its reach throughout Greater China and Asia.

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PROBE CLIENT

Nottingham-based Experian has signed TSYS to implement Experian’s Probe strategy management software. The software will enable TSYS credit card clients to improve process efficiency by being able to more quickly tailor their account management strategies to fulfill the needs of the customer, ultimately resulting in better offers and services throughout the customer life cycle. TSYS has more than 229 million accounts on file. Experian is a subsidiary of GUS plc.

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MBNA Stock

MBNA Corporation announced Thursday a three-for-two stock split of its common shares. This will be effected in the form of a dividend, with one additional common share issued on July 15th for every two common shares held by stockholders of record as of the close of business on July 1. This will be MBNA’s seventh stock split since the company’s IPO in 1991. Over that time frame, the annual increase in MBNA’s common stock has averaged over 35%. MBNA Corporation has $98 billion in managed loans. MBNA closed yesterday at $35 per share. For complete details on MBNA’s most recent performance visit CardData ([www.carddata.com][1]).

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

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EDEKA ESL

A new Edeka supermarket to open soon in Luneburg has ordered 12,000 NCR RealPrice electronic shelf labels. ESLs are wireless digital tags that attach to shelves or other store fixtures. They display the price of merchandise or food items in large, clear characters and provide other information to shoppers or store personnel. Price discrepancies between shelf and checkout are eliminated because NCR RealPrice is linked to the same computer file used by the store’s point-of-sale system. This will be the second ESL installation for an Edeka store owned by the Bergmann family. The company recently installed 8,000 NCR RealPrice labels in its Adendorf.

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