The Prepaid Press - March 15, 2008 - (Page 21)

PAYMENTS March 15 · 2008 - 21 Travelex Debuts New Foreign Currency Packs Provides Cash for Travelers LOUISVILLE, KY (February 21, 2008) Travelex has introduced a wallet-sized pack of foreign currency that eliminates the calculations previously required for foreign currency transactions. These packs, called CashPax, provide traveling customers with enough foreign currency to pay for taxis and other immediate cash transactions. Other benefits include: · Built-in profit margin set by financial institutions. · Simplified accounting of pre-set foreign currency packs. · Provides added value and service to banking customers. The Travelex CashPax include small denominations of paper money as well as coins in bundles of $100 or $250. They are available in Canadian Dollars, Euros, Australian Dollars, British Pound, Japanese Yen, US Dollars and Mexican Pesos and are available for sale at financial institutions across North America. “Travelex is involved in all aspects of foreign currency transactions and is pleased to be recognized as a leader,” said Christopher Russell, Travelex’s Executive Vice President of Outsourcing, Americas. “Travelex is driven to continue to innovate and to help all our partners in their continued success.” Travelex said that it sold more than 160,000 Travelex cards last year totaling more than $150 million. A recent upgrade allows the cards to be reloaded with cash as many times as desired. The added value of the convenience and safety of a prepaid card that is not tied to the traveler’s personal bank account and is replaceable overnight has driven steady adoption of this product. Source: Travelex (www.travelex.com) TSYS and Telrock to Provide Mobile Solutions US Rollout to Serve Financial, Utility and Public Sector COLUMBUS, GA (February 14, 2008) Telrock single point of integration to provide its mobile and TSYS are jointly developing a suite of inte- solutions to a market of more than 200 million grated mobile solutions for TSYS’ North Ameri- North American cardholders, giving us a strong can clients. Telrock has been providing mobile foothold in the US market.” solutions for TSYS’ European card processing “We are pleased to be working with Telrock to clients for more than a year. Telrock is a mobile deliver the first piece of our multifaceted mobile applications technology company focused on commerce strategy,” added Matt Jardina, group the financial services, utility and public-sector executive for Value Added Products at TSYS. markets, and TSYS provides outsourced pay- “Our processing solutions enable companies to ment services. get new products to the market faster, improve The solutions will include a suite of SMS- efficiency and boost profitability. We have been based mobile services, including fraud alerting, extremely confident in our working relationship account notifications, customer inquiries and with Telrock and this is reflected in our decipayments, according to the announcement. sion to enter into this further agreement with Russell Robinson, managing director of Tel- the company to serve our clients across North rock plc, said, “The expansion of our partner- America.” ship with TSYS marks an important milestone for Telrock and we welcome the opportunity Source: Telrock, plc (www.telrock.com) to extend our proven mobile solutions into the TSYS (www.tsys.com) North American market. TSYS gives Telrock a Payments in Brief Financial services entrepreneur and investor Daniel R. Henry has been named Chief Executive Officer of NetSpend Corporation. Henry already is a member of the company’s board of directors. Henry succeeds Richard J. Savard, who had served in that post since June of 2004. NetSpend Board Chairman H. Eugene Lockhart, who announced the appointment, said Henry will lead the company in the next phase of its development. NetSpend – www.netspend.com The announcement said that Hamilton Investment Partners, LLC and Edison Venture Fund also participated. This investment will be used to enhance IPP’s array of electronic payment services while accelerating its growth and advancing its operating platform. IPP of America - www.ipppays.com and driving company strategy, business planning, developing and managing strategic partnerships, branding and managing business growth initiatives. Galileo says his international experience will be invaluable as the company continues its aggressive international expansion plans into Canada and Europe. Clay Wilkes will remain CEO. Galileo Processing – www.galileoprocessing.com those giving the gift card and those receiving the gift card. This, according to the company, would drive customer loyalty, revenue and profitability. i2c – www.i2cinc.com IPP of America has closed a $20.5 million round of venture capital investment led by Old Lane, LP. Todd Brockman is joining Galileo Processing as President. Brockman is a veteran of the prepaid industry, having successfully run the Visa prepaid business for the last seven years. As President of Galileo, he will be responsible for setting i2c Inc., a prepaid 2.0 ready processor, has released its patent pending “GiftoGram.” GiftoGram allows consumers to record a personalized greeting or message that the gift card recipient will hear when activating the card. i2c believes the ability to record and add a personal greeting to a gift card will greatly enhance the appeal of gift cards both for American Express Incentive Services (AEIS) has named Matt Harris as Vice President of marketing. Harris will lead the development and implementation of AEIS’ strategic initiatives for promotions, products, quality and research. Harris joined the AEIS leadership team in January 2008 after serving as vice president, marketing and solution development, at Maritz, Inc. American Express Incentive Services www.aeis.com CAESARS PALACE, LAS VEGAS · AUGUST 19 – 21, 2008 The Prepaid Press Expo is the one event that bridges all sectors of the prepaid services industry, and all players within each sector. It is the primary point of convergence for prepaid services in 2008, and an event you won’t want to miss! THE PREPAID FORUM AT TPPEXPO’08 EXHIBIT RESERVE YOUR BOOTH TODAY! Taberna (Booth) Prices, per 10’ X 10’ $3,900 through May 16 $4,100 May 17 - July 1 $4,300 thereafter Exhibit space and sponsorships are limited, so reserve your spot now. Contact expo@prepaidpressexpo.com or 866.203.2334 ext. 505. For international callers, dial us direct at 1.305.421.7209. Reserve Your Booth or Sponsorship at the Prepaid Forum at tppEXPO’08 The Prepaid Press Emperor Sponsor Grammaticus (Conference) Partner Giornale (Media) Sponsors Centurion Sponsors PACTOLUS V I S I T P R E PA I D P R E S S E X P O. C O M F O R M O R E I N F O R M AT I O N FREE EXHIBIT HALL PASS THROUGH MAY 16! http://www.telrock.com http://www.tsys.com http://www.travelex.com http://www.i2cinc.com http://www.galileoprocessing.com http://www.ipppays.com http://www.netspend.com http://www.aeis.com http://www.PREPAIDPRESSEXPO.com http://www.PREPAIDPRESSEXPO.com http://www.PREPAIDPRESSEXPO.com

Table of Contents Feed for the Digital Edition of The Prepaid Press - March 2008

The Prepaid Press - March 2008 tppEXPO’08 Slated for August 19-21 AT&T Strikes Back Contents The Retske Report: Net Neutrality 5 Minutes With Terry Maher, NBPCA Counsel Regulatory Rundown: FCC Enforcements Prepaid Wireless Roundup Prepaid Wireless in Brief tppEXPO’08 Spotlight BlackBerry Prepaid Option to be Offered Virgin Mobile USA Ringbacks Growing The Splitting of a Titan The State of Prepaid Technology: Part II – The Other Prepaid Calling Spot Rates Calling Cards in Brief IVR and Stratus to Offer SIP Platform PhoenixSoft Completes Integrated IP Transcoding The Legal Line Web Streamlines Bill Pay & Prepaid Distribution Travelex Debuts New Foreign Currency Packs TSYS and Telrock to Provide Mobile Solutions Payments in Brief NBPCA Offers Tips to Fight Money Laundering Hypercom Responds to Ingenico Inquiry Kiosks Change the Face of Prepaid Prepaid 101: Prepaid Wireless Coinstar to Expand Centers in Wal-Mart Locations Meta and MoneyGram Partner NRF Battles Retail Crime Retail Focus in Brief Our Advertisers Contact Us

The Prepaid Press - March 2008

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