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First Data Earns Processing Contract Renewal with PSCU Financial Services

OMAHA, Neb. & ST. PETERSBURG, Fla.--(BUSINESS WIRE)--First Data Corp. (NYSE: FDC), a global leader in electronic commerce and payments, has signed a long-term contract extension with PSCU Financial Services, the nation’s largest credit union service organization (CUSO). PSCU Financial Services has more than 500 member-owner credit unions that represent over 11 million debit and credit cardholder accounts.

Under the agreement, First Data will provide an extensive suite of credit and debit products to PSCU Financial Services and its member-owners, including debit and credit processing, ATM driving, fraud prevention services, plastics and statement production, data analytics and PIN-secured debit access via the STAR Network. First Data has provided credit and debit card processing for PSCU since 1989.

Hypercom Partners with Venture Corp.

Venture Corporation Limited has entered into a manufacturing services arrangement with Hypercom Manufacturing Resources, Inc to jointly manufacture secure electronic payment transaction products, leveraging Hypercom's high security transaction technology and Venture's technology and capabilities in total value chain management in the electronics sector.

"The heightened requirements of financial organizations and merchants for reliability, flexibility and security augurs well for secure transaction solution providers and Venture is keenly focused on driving greater confidence in the applications of such software, products and solutions with its new partner, Hypercom," said a Venture Corp. source.

The Venture-Hypercom business alliance anticipates, over time, coverage of the entire value chain - from production and testing to order fulfilment, enabling productive and efficient end-to-end management of the value chain, commencing with Hypercom's manufacturing operations in Shenzhen , China .

As manufacturer and supplier to Hypercom for certain products under the Arrangement, Venture will, at the onset, also provide value chain management services to Hypercom.

Commenting on the Venture-Hypercom's Arrangement, Mr Wong Ngit Liong, Chairman and Chief Executive Officer of Venture, said, "We are very pleased to enter into this new partnership with Hypercom. Through this collaborative business model, Venture will work very closely with Hypercom to add value to its transaction technology, jointly creating a suite of financial transaction solutions beyond traditional applications."

"This new line of business will augment Venture's existing Retail Store Solutions and related electronic point-of-sale (POS) business. As a key partner of several reputable brands for POS products for the hospitality sector, the Group's venture into electronic payment terminals, PIN pads and systems enable it to provide a more complete line of transaction devices, bringing Venture another step forward in its goal of creating an entire eco-system of transaction products and solutions.

"The new partnership is expected to contribute positively to the Group's revenue."

Chinese Bank Chooses Verifone

SAN JOSE, Calif.--(BUSINESS WIRE)--VeriFone Holdings, Inc. (NYSE:PAY) announced today that it has been selected as the sole provider of electronic payment systems by the China Postal Savings Bank. The designation concludes an extensive evaluation and further strengthens VeriFone’s position as the industry leader in the Chinese market. VeriFone will supply the VeriFone V^x 510, with dual dial and IP connectivity, and the wireless NURIT 8000 with GPRS connectivity.

American National Payments Announces Free Terminal Placement

ST. LOUIS, MO (June 12, 2007) - American National Payments (ANP) today announced an exciting new incentive designed to help its merchants save money while they make money. Now, merchants who process their credit cards and other non-cash transactions with ANP can receive free processing equipment and terminals.

Sales Partners are free to select from many free placement options – free credit card terminals, free pinpads, free check readers, and more. The placement option provides the Sales Partner a bonus to further reward the placement efforts.

“Since its inception, ANP has demonstrated a commitment to providing its partners with leading edge solutions that reflect the industry’s latest and best technological innovations,” said Nick Thuston, Chief Operating Officer. “Now, by offering free terminal placement, we’re extending our commitment to help our Sales partners’ success and at the same time helping our merchant base save money to invest in other items – like our stored value program.”

ABOUT ANP:

Founded in 2004 in St. Louis, American National Payments has committed itself to powering business growth by creating, delivering, and supporting innovative, highly-reliable payment systems that serve customers’ needs. In conjunction with a nationwide network of distribution partners, ANP offers a comprehensive suite of payment processing solutions designed to help merchants accept credit, debit, ATM, and gift cards and check processing. The company’s motto, “The New Speed of Business Transactions,” refers to its ability to harness technology, experience, and expertise to deliver powerful payment products at speeds faster than the industry average. ANP also embraces an active role in the community, participating in several philanthropic activities throughout the year.

Geolocation Service Maximizes Merchants’ Marketing Power

Hamilton, Bermuda. June 7, 2007. First Atlantic Commerce Ltd (FAC), a leading Internet multi-currency, payment and risk solutions provider, today announced the take-off of its geo marketing, Internet Protocol (IP) Geolocation services for merchants across the globe.

IP Geolocation, the process of evaluating an eCommerce transaction based on the geography of the consumer, allows merchants to view the customer's browser location, including the country, state or province, city, and zip or postal code, as well as their Internet Service Provider (ISP) and domain name.

FAC’s service, cGate®Locate, provides an excellent precision marketing tool for merchants to better understand their customers and target market. The information can be used to take immediate action and drive online marketing campaigns tailored to certain demographics or cultures, according to CEO of FAC, Andrea Wilson.