Tuesday, January 4, 2011

Ingenico reaches 1 million terminals delivered to Latin America market in 2010

France, Neuilly-sur-Seine, 01/04/2011

Ingenico (Euronext: FR0000125346 - ING), world leader in payment solutions, announces that it has reached the historic milestone of 1 million terminals delivered in Latin America over the past 12 months. This impressive record in the region demonstrates, once again, the preference of large acquirers and banks for Ingenico’s payment terminals and contributes to the worldwide leadership.The payment terminals, which include POS and PIN Pads equipped with secure magnetic stripe and smart cards readers were delivered to major banks and acquirers in the region over the past 12 months and also contributed to increasing the security of the payment networks of our customers. The markets which showed greatest demand were Brazil, Mexico, Argentina, Colombia, Venezuela, Chile and Peru, where Ingenico has performed with excellence through its own offices, partners and distributors.

Countertop iCT220
Countertop iCT250
Wireless EFT930G
Countertop EFT930S
PIN Pad iPP320
Payment PDA iPA280

Much of this success is attributed to the introduction of the new family of countertop terminals iCT220 and iCT250 whose deliveries totaled 350,000 units. In addition, Ingenico delivered 200,000 units of the wireless terminal EFT930G, and 250,000 units of the countertop terminal EFT930S-GEM. This achievement was also made possible due to the delivery of thousands of PIN Pads iPP320, recently launched in the region, as well as signature capture terminals and the payment PDA iPA280, which together complete the most comprehensive portfolio of payment terminals of our industry.
Oscar Bello, EVP and President of the Latin American Region Ingenico Stated: Ingenico’s Latin America region continues to grow thanks to the strong customer relationship that has been established during the past 10 years since our arrival in the region. Our continued presence has given our customers the security that we are always here to support our products“.
Ingenico has presented the market with the most innovative and secure products and solutions, which meet the highest certification standards of the payment industry, such as PCI PTS (international) and ABECS (Brazil), plus certifications EMV L1 and L2. Based on Telium technology, Ingenico’s entire portfolio of terminals is equipped with black & white or color screen and include contactless technology (PayPass, PayWave, ExpressPay, Calypso and Mifare) as option. Ingenico also offers a wide range of connectivity like GSM / GPRS, Dialup Ethernet, WiFi and Bluetooth in its products.

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Ingenico's New iSC2xx Series Signature Capture Terminals Meet PCI SSC's Stringent PIN Transaction Security Device (PCI PTS 2.x) Requirements

SOURCE: IngenicoJan 04, 2011 08:00 ET

iSC200 series


Much more than just a payment device

Based on a decade of Ingenico experience in signature capture and touch-screen technology, the iSC200 series represents a unique combination of security and performance, leveraging the multimedia enabled Telium 2 platform. Much more than just a payment device, the iSC220/250 enables retailers to leverage solutions that bring real value to their businesses and customers – true digital signage exploiting WQVGA color and multimedia, web-based vertical application delivery via Incendo Online, and digital end-to end transaction security solution.Download the brochure iSC200 series Download the brochure

ATLANTA, GA--(Marketwire - January 4, 2011) - Ingenico, the global leader in secure transaction and payment solutions, announced today that its iSC2xx series signature capture devices have received approval for being in compliance with PCI Security Standards Council's (PCI SSC) PIN Transaction security standards. The entire family of the iSCxx devices will be showcased at the 100th Annual National Retail Federation's (NRF) Big Show in New York next week (January 10-11, 2011).
The iSC2xx features industry leading versatility for signature capture payment solutions and security. Built on Ingenico's new Telium 2 platform, it also offers retailers unmatched transaction speed and the full range of payment choices, including:
  • Power -- all Telium terminals utilize a dual processor design. This design ensures dedicated processing power where it's needed, enabling merchants to open a new world for dynamic value-add applications and promotions.
  • Architecture -- The Telium 2 software platform is 100% backwards compatible with Telium 1, enabling the same software to run on all products, ensuring existing vendors are not inconvenienced.
  • Security -- Dynamic tamper detection, part of the Telium 2 platform, enables precise security breach detection by identifying the specific sensor that has been activated when a breach occurs, expediting both the repair and breach investigation phases.
"For more than 30 years, Ingenico has been known for providing superior secure solutions for merchants worldwide. Certification of the iSC2xx by the PCI SSC shows Ingenico's continuous commitment to the highest level of security," said Christopher Justice, President of Ingenico, North America. "Building on our solid base of innovative technology and security expertise, the new Telium 2 platform reduces our customers' exposure to fraud by protecting their brand and keeping their investments secure."
The Ingenico iSC2xx devices are available for distribution in Q1 2011.
Click on the following link to view the complete listing of all Ingenico's PCI SSC PIN transaction approved devices:
About Ingenico (ING)Ingenico (EURONEXT: FR0000125346 - ING) is a leading provider of payment solutions, with over 15 million terminals deployed in more than 125 countries. Its 3,000 employees worldwide support retailers, banks and service providers to optimize and secure their electronic payments solutions, develop their offer of services and increase their point of sales revenue. More information on www.ingenico.com
Svy NekrasasVice President of Marketing, North America
Email Contact
Tel: 678 456 1211

Gina von EsmarchVoce Communications
Email Contact
Tel: 415 203 4660

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Discover Offers Cardmembers 2011 NHL All-Star Game Exclusives

Cardmembers Can Redeem Cashback® Bonus Rewards for All-Star Game Tickets with Exclusive Experiences
RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) announced today it is offering a lineup of cardmember exclusives at the 2011 NHL All-Star Game, including the ability to purchase premium tickets to the game by redeeming Cashback Bonus rewards.
2 Tickets to the Honda NHL SuperSkills® on January 29To help celebrate the NHL All-Star Game presented by Discover on January 30, the company is offering exclusive experiences for cardmembers who use their Cashback Bonus to purchase tickets, including:
  • 2 Tickets to the NHL Fan Fair™
  • NHL® All-Star Game gift bag
“We are delivering game-changing benefits to cardmembers by offering the ability to purchase 2011 NHL All-Star Game tickets with Cashback Bonus rewards and providing exclusive experiences surrounding the game,” said Harit Talwar, president of U.S. Cards at Discover. “This lineup of benefits is another example to hockey fans of how it truly pays to Discover.”
Curator of the Hockey Hall of Fame and Stanley Cup® Handler Phil Pritchard Stars in New Discover “Peggy” Ad
Coinciding with Discover’s cardmember exclusives surrounding the NHL All-Star Game, Curator of the Hockey Hall of Fame and Stanley Cup Handler, Phil Pritchard, will appear in a new “Peggy” commercial launching in late January. The ad highlights Discover’s award-winning customer service. Previous “Peggy” ads have included other sports celebrities including legendary college football coaches, Lou Holtz and Bobby Bowden.
Discover is the presenting sponsor of the NHL All-Star Game and is the Official Card of the NHL, NHL All-Star Weekend, NHL Winter Classic®, NHL Awards™, and the NHL Draft™.
About Discover
Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company operates the Discover card, America's cash rewards pioneer, and offers personal and student loans, online savings accounts, certificates of deposit and money market accounts through its Discover Bank subsidiary. Its payment businesses consist of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in more than 185 countries and territories. For more information, visit www.discoverfinancial.com.
NHL, the NHL Shield, NHL SuperSkills, Stanley Cup and NHL Winter Classic name are registered trademarks and NHL Awards, NHL Fan Fair and NHL Draft name are trademarks of the National Hockey League. © NHL 2010. All Rights Reserved.


Discover Financial Services
Matt Towson
Discover Financial Services
Permalink: http://www.businesswire.com/news/home/20110104005189/en/Discover-Offers-Cardmembers-2011-NHL-All-Star-Game

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Multiple Credit Unions Expand Relationship with Open Solutions, Add DNA-sme Processing Platform

Credit Unions Cite Service and Product Superiority as Key Factors in Decision

GLASTONBURY, Conn.--(BUSINESS WIRE)--Open Solutions Inc.®, a leading provider of integrated, enterprise-wide data processing technologies for banks and credit unions throughout the United States, Canada and other international markets, announced that four credit unions recently selected DNA-sme™ (Standard Market Edition) as their core processing solution.
“Open Solutions is an invaluable technology partner”
The recent additions include three Danville, IL credit unions; Danville Consolidated Credit Union ($6 million in assets), Education Personnel FCU ($35 million) and New Horizon Credit Union ($10 million), as well as Los Angeles, CA based, Hanin FCU ($20 million). The credit unions cited a common theme regarding the selection of Open Solutions — all four chose DNA-sme due to their existing, successful relationships with Open Solutions.
Jeri Hanson, president of Danville Consolidated Credit Union, credits her past experience with Open Solutions as one of the primary factors in selecting the DNA-sme platform. “After working with Open Solutions for a number of years, there was very little contemplation regarding whether to use their DNA-sme platform. We’ve been satisfied since day one, and we’re confident that we made the right decision.”
DNA-sme is an open, flexible core system, built on a strong, centralized relational database, designed to be a full-featured, easily implemented and reasonably priced solution targeted toward the more community-oriented credit union market. Since its launch, DNA-sme continues to gain recognition with key attributes such as member target marketing and campaign tracking, in-house or outsourced options, a complete accounting suite and support of national shared branch networks — of both issuer and acquirer.
Jan Kouzmanoff, president of Education Personnel FCU, said, “Open Solutions has proven their expertise in data-processing technologies. As a past user of their Cyberbranch system, we felt it was only logical to continue our relationship with them in selecting DNA-sme. Because we outsource these products, it is important to have an ongoing, trusting partnership.”
Leesa Hubbard, president and manager of New Horizon Credit Union, said, “We were seeking a company that would best meet our needs. In comparing other firms in the industry, it became apparent that there was no comparison. Ultimately, it came down to what company offers the best value. With Open Solutions’ technologies, we gain a competitive edge by offering better prices, better service and new products to our customers.”
“Open Solutions is an invaluable technology partner,” said Michael Kim, branch manager of Hanin FCU. “Serving Korean Americans, English is a second language to a majority of us, which can be a difficult barrier to overcome. This has yet to be an issue with Open Solutions. Their professionalism and industry reputation made our decision an easy one.”
“We continue to see our clients expand their relationship with us. For this, we credit our affordability, functionality and overall loyalty to our customers. We understand that we’re in an increasingly complex industry and as a result, we are constantly adapting to our clients’ needs,” said Louis Hernandez, Jr., chairman and CEO of Open Solutions. “As the success of DNA-sme continues to grow, we will remain innovative in order for our clients to remain successful in this ever-changing environment.”
About Open Solutions Inc.
Open Solutions Inc. offers a fully featured strategic product platform that integrates core data processing applications built on a single centralized Oracle® relational database, with Internet banking, cash management, CRM/business intelligence, financial accounting tools, imaging, digital documents, Check 21, wealth management, interactive voice response, technology services, payments and loan origination solutions. Open Solutions’ full suite of products and services allows banks, thrifts, credit unions and financial services providers in the United States, Canada and internationally to better compete in today’s aggressive financial services marketplace, and expand and tap their trusted financial relationships, client affinity, community presence and personalized service.
OPEN SOLUTIONS INC.® is a registered trademark of Open Solutions Inc. Third-party names and marks are the property of their respective owners. © 2010 Open Solutions Inc. All rights reserved.
Editor’s Note: The correct usage of the company name, Open Solutions Inc., is either referring to it as Open Solutions Inc. or Open Solutions. Open Solutions no longer uses the acronym of OSI to refer to the company.


For Open Solutions
Andrew McCaskill, 678-781-7210
Permalink: http://www.businesswire.com/news/home/20110104005306/en/Multiple-Credit-Unions-Expand-Relationship-Open-Solutions

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VeriFone and Gemalto Plan Joint Introduction of EMV Chip and PIN in U.S.

VeriFone and Gemalto Strategic Partnership Progresses

SAN JOSE, Calif. & AMSTERDAM--(BUSINESS WIRE)--VeriFone Systems, Inc. (NYSE: PAY) and Gemalto (Euronext NL0000400653 - GTO) today announced further developments in their broad strategic partnership. First announced in October 2010, the partnership entails cooperative efforts in EMV chip card solutions, the handover of Gemalto’s point of sale (POS) solutions business to VeriFone, and Gemalto's appointment as the preferred supplier of Machine-to-Machine (M2M) wireless modules and related solutions for VeriFone payment systems.
The companies today said they have discussed initial plans for joint introduction of EMV chip and pin solutions for the U.S. market.
As U.S. banks, retailers and card networks increasingly acknowledge chip card and contactless technologies as a core component of a comprehensive security infrastructure, the companies intend to introduce EMV smart card solutions that provide a superior cardholder experience and complete data protection at the point of sale. Combining the two companies’ expertise for both issuing and accepting smart cards will provide a ready infrastructure to advance the U.S. market towards a much more secure and convenient payment method.
Furthermore, the parties have finalized the transfer of the POS solutions business, with closing effective December 31, 2010, and VeriFone has assumed the fulfillment of existing customer relationships and product requirements for Gemalto POS customers, who are mainly located in the Middle East, South Africa and India. Concurrently, Gemalto has been designated VeriFone's preferred supplier of M2M wireless modules and related solutions. No financial terms were disclosed.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for VeriFone Systems, Inc.
This press release includes certain forward-looking statements related to VeriFone Systems, Inc. within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on VeriFone management’s current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and other risks and uncertainties affecting the operation of the business of VeriFone Systems, Inc. These risks and uncertainties include: the successful exploration of joint opportunities with Gemalto for EMV solutions, the successful assumption by VeriFone of product fulfillment, service and support for Gemalto’s point of sale (POS) solutions customers, customers’ acceptance and adoption of VeriFone’s new security solutions and other new product and service offerings, our ability to protect against fraud, the status of our relationship with and condition of third parties upon whom we rely in the conduct of our business, our dependence on a limited number of customers, uncertainties related to the conduct of our business internationally, our dependence on a limited number of key employees, short product cycles, rapidly changing technologies and maintaining competitive leadership position with respect to our payment solution offerings. For a further list and description of such risks and uncertainties, see our filings with the Securities and Exchange Commission, including our annual report on Form 10-K and our quarterly reports on Form 10-Q. VeriFone is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.
About Gemalto
Gemalto (Euronext NL 0000400653 GTO) is the world leader in digital security with 2009 annual revenues of €1.65 billion, and over 10,000 employees operating out of 75 offices, with research and service centers in 41 countries.
Gemalto is at the heart of our evolving digital society. The freedom to communicate, travel, shop, bank, entertain, and work—anytime, anywhere—has become an integral part of what people want and expect, in ways that are convenient, enjoyable and secure.
Gemalto delivers on the growing demands of billions of people worldwide for mobile connectivity, identity and data protection, credit card safety, health and transportation services, e-government and national security. We do this by supplying to governments, wireless operators, banks and enterprises a wide range of secure personal devices, such as subscriber identification modules (SIM), Universal Integrated Circuit Cards (UICC) in mobile phones, smart banking cards, smart card access badges, electronic passports, and USB tokens for online identity protection. Moreover Gemalto delivers on emerging applications related to the ‘Internet of things’ by supplying wireless modules and machine identification modules (MIM) for machine-to-machine communication. To complete these solutions we also provide software, systems and services to help our customers achieve their goals.
As the use of Gemalto’s software and secure devices increases with the number of people interacting in the digital and wireless world, the company is poised to thrive over the coming years.
For more information please visit www.gemalto.com.
About VeriFone Systems, Inc. (www.verifone.com)
VeriFone Systems, Inc. (“VeriFone”) (NYSE: PAY) is the global leader in secure electronic payment solutions. VeriFone provides expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare vertical markets. VeriFone solutions are designed to meet the needs of merchants, processors and acquirers in developed and emerging economies worldwide.


VeriFone Editorial Contact:
Pete Bartolik
VeriFone Investor Contact:
William Nettles – Vice President Corporate Development & IR
Gemalto Editorial Contacts:
Corporate Communication
Isabelle Marand
M.: +33(0) 6 14 89 18 17
North America
Ray Wizbowski
Gemalto Investor Relations:
Vincent Biraud
M.: +33(0) 6 08 48 33 23
Permalink: http://www.businesswire.com/news/home/20110102005008/en/VeriFone-Gemalto-Strategic-Partnership-Progresses

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Research on American Express Company and Discover Financial Services -- Credit Services Industry Issuing Cards to Benefit From Increased Consumer Spending

SOURCE: StockCall
Jan 04, 2011 08:36 ET

JOHANNESBURG, SOUTH AFRICA--(Marketwire - January 4, 2011) - www.stockcall.com/ offers investors comprehensive research on the credit services industry and has completed analytical research on American Express Company (NYSEAXP) and Discover Financial Services (NYSE:DFS). Register with us today at www.stockcall.com/ to have free access to these researches. 
The total consumer debt declined again in November to $10.6 trillion dollars, down 8.2% from the recession's high in 2008 of $11.5 trillion. As a result the Credit Services sector which includes American Express Company has begun issuing cards more aggressively in an attempt to positions themselves to benefit from eventual growth in consumer spending. Investors can register for free to access the research report on American Express Company atwww.stockcall.com/AXP040111.pdf.
www.stockcall.com/ is an online platform where investors doing their due-diligence on the credit services industry can have easy and free access to our analyst research and opinions on American Express Company and Discover Financial Services; investors and shareholders of these companies can simply register for a complimentary membership athttps://stockcall.com/development/stockcall/page.php?name=register.html
Some companies within the sector have resumed underwriting subprime borrowers now that they see charge-off rates improving. Consumers still appear to be in a deleveraging cycle, as surveys conducted by one of the industry leaders Discover Financial Services showed that most expect to spend less this holiday shopping season with what they do buy being in cash. Investors can register for free to access the research report on Discover Financial Services atwww.stockcall.com/DFS040111.pdf.
Small businesses are similarly lacking confidence as another recent survey totaled only 25% of owners that feel the economy is improving. Not surprisingly, small businesses have been reluctant to open or use their lines of credit. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.
While the sector is benefiting from a secular shift away from paper transactions in the retail sphere and the growth of online shopping, a recent federal proposal has many credit card companies worried. The new Dodd-Frank financial reform act has provisions to make interchange fees concomitant with the cost to process transactions. If this current proposal designed to protect merchants extends beyond just debit cards into the world of credit, companies within the sector may see another valuable source of revenue disappear. Register now athttps://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the credit services industry.
About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines.
Contact Person:
William T. Knight

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