Welcome to the June edition of ACTion News. Our newsletter is distributed each month in order to keep you up to date with events in the advanced card industry. This complimentary service is provided by ACT Canada; "building an informed marketplace". It is also available in the Resource Centre of our web site www.actcda.com. Please feel free to forward this to your colleagues.

IN THIS ISSUE:
1. EDITORIAL COMMENT
2. MASTERCARD NORTH AMERICA PRESIDENT DELIVERS STATE OF THE UNION ADDRESS
3. GO TRANSIT ISSUES ERG'S SMART CARD FARE COLLECTION SYSTEM
4. HONG KONG GOV'T TO USE INFINEON'S CHIP CARD FOR SMART ID
5. VISA TRIES TO JUMP-START SMART CARD LOYALTY
6. HOTEL CHAINS USE SMART CARDS FOR LOYALTY
7. CATHERINE JOHNSTON & KENNETH WONG TO KEYNOTE ICMA'S 11TH ANNUAL CARD MANUFACTURING EXPO
8. CUBIC WINS EDMONTON TRANSIT SYSTEM CONTRACT
9. SCTN & CEO ANNOUNCE PRODUCT DEVELOPMENT AGREEMENT
10. MASTERCARD & DATACARD SIGN STRATEGIC ALLIANCE FOR SMART CARD SOLUTIONS
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ACT CANADA WOULD LIKE TO THANK OUR NEW & RENEWING MEMBERS:

PRINCIPAL
Visa Canada Association

GENERAL
American Express Canada
Tillsmith
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ACT CANADA - REGISTER OF ACHIEVEMENTS

BUILDING MARKET AWARENESS
With the RCMP and Office of Critical Infrastructure Protection & Emergency Preparedness (Gov't of Canada) we worked this month to raise awareness of e-terrorism and the role that smart card applications play in minimizing your risks. ACT Canada members will have electronic access to these presentations.

Catherine Johnston continues this awareness building as the June guest speaker for the International Trade Club of Toronto.

PRIVACY LEADERSHIP FROM ACT CANADA
Bruce Phillips, the former Privacy Commissioner of Canada, talked to June symposium attendees about smart cards in relationship to protecting your privacy. He applauded ACT Canada as an industry leader, for work in the area of privacy and card technology. Mr. Phillips now works with the Neufeld Group to help companies better understand privacy and its implications in this new business-consumer culture. Professor Andrew Clement, University of Toronto, reminded delegates that card users must be involved in the early stages of application design if they are to embrace new products and services.

ACT Canada members will also have access to presentations on the National Infrastructure Forum and Privacy Impact Assessments for Multi-Application smart cards.

That procedure has recently been introduced to the US Department of Defense, GSA and other American organizations. Developed by the office of the Information and Privacy Commissioner Ontario and ACT Canada, this ground breaking procedure helps issuers design privacy protection for their card systems for increased consumer confidence and, in some cases, to meet legal requirements.

BUILDING MEMBER VALUE
ACT Canada has negotiated for its members a 25% discount for advertising in two IT Business publications; InfoSystems & Technology in Government. We are working with CardTech/SecurTech to build a special offer for the 2003 conference in Orlando. We have strengthened our relationship with the Smart Card Alliance and will soon announce other strategic associations that will benefit our members.
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1. EDITORIAL COMMENT
Source: Catherine Johnston, President & CEO, ACT Canada (06/26)

It could, and should be said, that those who think it can't be done should get out of the way of those who are doing it. This is true of smart and laser card applications.

For example, the US government has launched an impressive number of advanced card applications and can clearly identify the benefits for both the issuer and cardholder. Their focus is clearly on the applications, as it needs to be. How can our government(s) leverage these? In some cases, the US is willing to give applications to other governments. They will share their knowledge and experiences, saving us time, expense and effort. In turn, we can help them in areas where we have developed expertise, such as with privacy, PKI and biometrics.

To succeed we must focus on the value our applications will deliver, and then work backwards to determine what the application needs to reach the pocket of the cardholder. NOTHING starts with the technology, a point we have proven painfully over the last thirty years. On the upside, the market is growing quickly in terms of cards sold and shipped, so there are a lot of opportunities from which to learn.

ACT Canada has identified backbone applications, a foundation on which all issuers can build business cases and customer value…but more on that next month.
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2. MASTERCARD NORTH AMERICA PRESIDENT DELIVERS STATE OF THE UNION ADDRESS TO THE PAYMENTS INDUSTRY
Source: MasterCard (06/04)

"The payments industry is driving a historical transformation in the way business is conducted globally and the way consumers around the world manage their finances," according to Ruth Ann Marshall, president, North America, MasterCard International.

Marshall's keynote at The 14th Annual Card Forum and Expo addressed the current state of the payments industry, the challenges that lie ahead and how to prosper from them. Card Forum, an industry event that features discussions on the latest issues surrounding payment cards.

Emerging Payments: Technology is Breaking Down Barriers "Implicit in most discussions about the payment industry is the topic of technology, which is breaking down the barriers to online purchasing and mobile commerce. The convergence of the Internet and wireless technologies is leading to greater innovations, opening up new opportunities for the
industry," said Marshall.

For example, online billing is starting to change the way consumers settle their accounts. With more than 3.6 million U.S. households logging on to pay their bills, this number represents less than one percent of monthly bill paying, but "The potential for billers and processors is huge, " said Marshall. U.S. consumers receive 18 billion statements every year. "With traditional payment methods, billers must lay out more than $1.00 per invoice. When paid electronically, the cost drops approximately to .40, saving approximately $8 billion," Marshall added.

New technologies are driving Acceptance in emerging categories. In 2001, MasterCard Acceptance grew 149 percent in the fast food segment, yet there is still room for growth. While most people have a credit and/or debit card, they continue to choose cash when looking for a quick meal. Since old habits die hard, payment card companies must provide more personalized rewards and incentive programs by leveraging new technologies. One way to change consumer behavior is with transponder technology. No longer limited to gas and tolls, fast food establishments are now embracing this as an alternate payment solution.

Smart Cards Gaining Acceptance
Chip cards - or smart cards - also are starting to catch on in the U.S. The Gartner Group expects that by 2004, more than 4 billion smart cards will have been distributed worldwide, and the strongest regional growth will be in the U.S. as consumers discover the convenience of a single card for credit, cash, debit, e-cash, and digital ID.

As with smart cards today, e-commerce was touted as the next big thing a few years ago. "We envisioned a world where virtually all our purchases, including clothing, books, music, toys and groceries could be ordered from home with a click of the mouse, noted Marshall." "This prediction may have sounded far-fetched at the time, but today e-commerce is accepted as routine. It is a vital and growing part of the global economy, for both consumers and the business-to-business segment."

Person-To-Person Segment Is Evolving
After last year's e-marketplace shakeout, many business-to-business sites turned to trusted partners in the financial industry to handle the payment side, freeing them to focus on business development and revenue growth. The person-to-person segment is still evolving, according to the Tower Group. Pure Internet person-to-person payments have yet to prove their viability as a sole business channel, but their true value lies within their flexibility to serve multiple payment market needs.

Cash Is Losing Ground to Debit and Pre-paid
According to Marshall, "Debit is a growing segment of the payments industry with cash and checks rapidly losing ground. Of those who don't have debit cards, 25 percent say they would take one if offered one."

Another emerging payment option is the payroll card, which is a pre-paid card that serves the "unbanked" customer. Increasingly, these consumers are finding it difficult to afford the fees associated with maintaining checking/savings account balances or in check-cashing establishments. With a payroll card, customers receive their net pay on a pre-paid card allowing them to easily retrieve their funds from an ATM or anywhere MasterCard is accepted.

"Yes, we have accomplished much, but this is not the time to rest on our laurels, Marshall said. "Opportunities abound -- from paying taxes, to making donations in churches, we'll be anywhere money changes hands, with an ever-larger presence, handling ever-greater transaction volumes. We must continually challenge ourselves to scale that next peak."

Ruth Ann Marshall is president, North America for MasterCard International, a global payments company. Marshall, who joined the company in October 1999, is responsible for building all aspects of MasterCard's issuance and acceptance business in North America. She is working to strengthen MasterCard's focus on key members while preserving the value that the regional and product groups provide to all members.

MasterCard Canada is a member of ACT Canada; for more information about them, please visit their web site at http://www.mastercard.com
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3. GO TRANSIT ISSUES ERG'S SMART CARD FARE COLLECTION SYSTEM
Source: ERG (06/26)

The ERG Group announced today that GO Transit has commenced operation of Phase 1 of a new ERG "seamless" smart card automatic fare collection system for its commuter rail and bus network serving the Greater Toronto Area.

The GO Transit system, which comprises seven rail transportation corridors and an extensive bus network, provides commuter transit services over an 8,000 square kilometre area to approximately 5 million residents in the Greater Toronto Area and outlying regions. Following the successful completion of the six to twelve month Phase 1 system demonstration project on the Richmond Hill transportation corridor, GO Transit intends to rollout the system across its entire network. GO Transit will issue up to 7,000 dual interface contact/contactless smart cards during Phase 1, and expects to issue over 80,000 smart cards to its regular riders when the system is fully implemented.

GO Transit delivers regional commuter rail and bus services, providing about 43 million annual passenger trips and collecting over CDN$180 million in annual passenger revenue. The seven-corridor GO rail system, comprising 50 stations and 330 cars, connects with the GO bus system, Toronto Transit Commission and local transit operators. The extensive GO bus system augments the rail network and serves communities up to 60 miles from Toronto with a 234 bus fleet that is growing steadily as ridership strongly expands.

The new ERG smart card system continues to apply GO Transit's Proof-of-Payment fare-by-distance rail fare collection policies built around point-to-point fares. On board inspectors will use portable handheld card readers to check the passenger smart cards for proper canceling and for pass validity. Cardholders can purchase and load value on their cards at both agency ticket offices and third party retail outlets.

GO Transit Managing Director, Gary McNeil, said that the initial reaction from the 1.8 million annual customers on the Richmond Hill line has been good. Their continued positive support will drive the full system rollout to all of our customers next year.

ERG is a member of ACT Canada; for more information about them please visit their web site at http://www.erggroup.com.
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4. HONG KONG GOVERNMENT TO USE INFINEON'S CHIP CARD TECHNOLOGY IN SMART ID CARD PROJECT
Source: Infineon (06/10)

Infineon Technologies announced it will supply secure microcontroller chips for use in smart identification (ID) cards being issued by the Government of the Hong Kong Special Administrative Region (SAR).

The new Smart Identity Card System (SMARTICS) which will be implemented by the Hong Kong SAR starting in July 2003, will ultimately replace laminated plastic photo ID cards now carried by all citizens 11 years of age or older. The system uses a multi-application smart card that incorporates the MULTOS operating system of Australian Keycorp Limited and secure microcontrollers manufactured by Infineon.

The SMARTICS card will be used for personal identification and authentication, as a drivers license, and as a library card. Printed information and a photo will be visible on the card surface. The microcontroller chip incorporated into the card securely stores an individual name, date of birth, and ID number. Additionally, it will store data on the digital characteristics of the card holder's thumbprint. This will allow officials to verify identity using biometric data. This data only includes the relative position of the fingerprint characteristics and not the fingerprint as a whole. This technique eliminates the possibility of reconstructing the original fingerprint from this data.

Under the first phase of this project, the Government of Hong Kong SAR has ordered 1.2 million SMARTICS cards. Hong Kong law requires all citizens above the age of eleven to carry an identity card, and the estimated total number of cards to meet this requirement is about 6.8 million.

Infineon is a member of ACT Canada; for more information about them, please visit their web site at http://www.infineon.com.
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5. VISA TRIES TO JUMP-START SMART CARD LOYALTY
Source: CardTechnology (06/20)

Visa U.S.A.'s smart Visa Rewards service, due to be launched later this year, is designed to make it easier for card issuers and merchants to offer rewards to consumers with smart cards. Participating issuers will register their cards and merchants will register their point-of-sale terminals with Visa. Then, issuers, merchants or Visa itself will be able to offer targeted offers, says Patrick Gauthier, senior vice president of smart card applications at Visa. For instance, Visa smart card issuer FleetBoston could offer a discount to cardholders who pay with the Fleet Fusion credit card three times this month at Target stores in Massachusetts. Consumers will be able to redeem rewards on the spot, saving merchants the 8 cents to 35 cents it costs to handle a paper coupon, Gauthier says. Target, which also has issued 6 million Visa smart credit cards, is the only merchant signed up for
the Visa service so far, Gauthier says. He says Visa research shows consumers would like a loyalty program that offers them rewards when they visit three to six of their favorite retailers, including supermarkets, department stores and home improvement centers. MasterCard International officials say they have no plans to offer a similar nationwide service.

Visa Canada is a member of ACT Canada. For more information about Visa, please visit their web site at http://www.visa.com.
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6. HOTEL CHAINS USE SMART CARDS FOR LOYALTY SCHEME
Source: CardTechnology (06/14)

London-based Millennium and Copthorne Hotels plc has launched a loyalty scheme using smart cards at its 18 hotels in Europe and the Middle East. "In Europe, smart cards will replace mag-stripe cards in payment systems in the next few years, so we are running with new technology rather than adopting one which will shortly be obsolete," says David Curtis-Brignell, director of leisure, partnerships and loyalty marketing for Millennium Hotels and Resorts. Travelers who join the Millennium PartnerCard program receive rebates on their meals and hotel stays at these hotels or at its partner, the German Maritim Hotel chain. The hotel chain initially will issue 55,000 Millennium PartnerCards. Similar launches will follow in the United States, Australia and Asia, adding up to 250,000 cards by 2003, according to Millennium and Copthorne Hotels. The chip card, supplied by France-based Gemplus International S.A., also has a magnetic stripe so the card can be programmed as a key card during the member's stay. The card, which uses an 8K-memory chip, will store the member's profile as well as the number of hotel stays and expenditures. The hotel chains have equipped their reception areas and other points of sale with smart card reading terminals from Ingenico S.A. of France. Each night the hotels transmit the transaction data to a central database system managed by German data processor CPS. Members can apply to the free program at a dedicated Web site. They will receive a membership number, which they can use to check their rebate status online. Additional benefits include the ability to reserve a room online, late checkout, a welcome drink, a free newspaper, airline mileage, and a newsletter with offers and promotions.

Ingenico Canada is a member of ACT Canada. For more information about either of the above listed companies, please visit their web sites: http://www.ingenico-ca.com & http://www.gemplus.com.
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7. CATHERINE JOHNSTON & KENNETH WONG TO KEYNOTE ICMA'S 11TH ANNUAL CARD MANUFACTURING EXPO

Source: ICMA Daily News (06/12)

Catherine Johnston, President and CEO of the Advanced Card Technology Association of Canada (ACT Canada), and Kenneth Wong, faculty member of Queen's School of Business, Kingston, Ontario, Canada, will each present a keynote address at the International Card Manufacturers Association's (ICMA) 11th Annual EXPO, themed "Card Manufacturing at the Crossroads." The world's premier card manufacturing and personalization event will be held September 29 - October 2, 2002, at the Westin Bayshore Resort in Vancouver, British Columbia, Canada.

Johnston will deliver the morning keynote address "Identity Theft: Are You at Risk?" and will discuss the effects that the events of September 11, 2001 had on the future of smart cards. Additionally, she will provide an overview of the impact of identity theft and secure ID, and the global trends, issues and opportunities related to smart, optical and emerging card technologies.

Following, in the afternoon, Wong will present "Manufacturing and Marketing: Selling What You Make and Making What You Sell." He will examine the link between marketing, manufacturing and customer service, the reasons why these areas can become uncoupled, and remedial measures to ensure smooth operations for businesses.

For ICMA 11th Annual EXPO 2002 exhibiting, registration or sponsorship information, or for information on becoming a member of ICMA, contact Lynn McCullough at (609) 799-4900; e-mail lmccullough@icma.com or visit the ICMA Web site at http://www.icma.com.
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8. CUBIC WINS $3.5 MILLION CONTRACT FROM EDMONTON TRANSIT SYSTEM
Source: BUSINESS WIRE (06/11)

Cubic Transportation Systems has received a $3.5 million contract from Edmonton Transit System, in Edmonton, Alberta, Canada, to deliver a proof-of-payment fare collection system that will be smart card-ready to Edmonton Transit's 10 light rail stations in the third quarter of 2003.

"Edmonton Transit is excited about being a standard setter for the small-to mid size systems wanting to capitalize on the next-generation fare collection technology," said Wayne B. Mandryk, Manager of ETS. "We feel our low-risk, turnkey solution from Cubic will meet our management needs for a light rail fare payment system of today, and positions us well for the possibility to expand to a contactless smart card for bus as well."

For more information about Cubic, please visit their web site at http://www.cubic.com
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9. SMART CHIP TECHNOLOGIES & CONSUMER ECONOMIC OPPORTUNITIES ANNOUNCE PRODUCT DEVELOPMENT AGREEMENT
Source: SCTN (06/11)

Smart Chip Technologies (SCTN) and Consumer Economic Opportunities Inc. (CEO), announced a new product development agreement. Under this agreement, CEO will customize SCTN's loyalty application, e-llegiance™, so that it will run on the Ingenico Elite 510™ dual magnetic stripe and smart card capable point-of-sale (POS) terminal, both as a stand alone loyalty application and as a payment-integrated application, including all other necessary interfaces, such as uploading transactions to LoyaltyCentral™ via modem, payment switch, or the Internet.

Additional development will include the modification of e-llegiance™ software to conform to standard "C" language specifications. The "C" versions will be implemented using Ingenico's touch screen, smart card-capable eN-Touch 3000™ POS terminal and on the LoyaltyCentral™ back-end host system. The "C" versions of SCTN's e-llegiance™ and LoyaltyCentral™ will expand the software's portability to other POS terminals and smart devices. According to the October 2001 Nilson Report, Ingenico shipped 21% of all credit/debit card authorization terminals worldwide in 2000.

Smart Chip Technologies is a member of ACT Canada. For more information about either of the above mentioned companies, please visit their web sites:
http://www.sctn.com & http://www.creditz.com.
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10. MASTERCARD & DATACARD SIGN STRATEGIC ALLIANCE FOR SMART CARD SOLUTIONS
Source: CCNMatthews via COMTEX (06/18)

MasterCard International and Datacard Group announced that they have formed a strategic alliance to drive worldwide acceptance of smart cards and accelerate the implementation of open technical standards. Through this agreement, the two global smart card leaders will cooperate on a variety of key initiatives to support the deployment and management of smart card programs by MasterCard's member financial institutions.

The multi-year agreement will provide MasterCard's members with Datacard's proven solutions for developing, testing, personalizing and managing smart cards. The solutions are specifically designed to simplify the migration from traditional magnetic stripe cards to smart cards by creating and collecting new smart card data and personalizing the data needed on the chip. In addition, MasterCard and Datacard will provide MasterCard's members with smart card security consulting services, training and education programs.

Both Datacard and MasterCard are members of ACT Canada. For more information about either company, please visit their web sites: http://www.datacard.com & http://www.mastercard.com.
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ACT Canada is an international non-profit association for the advancement of card technologies. We work on behalf of our members to promote the awareness, understanding and use of all advanced card technologies; including optical, smart, capacitive and emerging technologies. If you would like to learn more about ACT Canada membership please visit http://www.actcda.com or contact our office at (905) 426-6360.
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Please forward any comments, suggestions, questions or articles to andrea(AT)actcda.com. If you would like to be removed from our newsletter distribution list please reply to this email with the word "REMOVE" in the subject field. Please note that articles contained in this newsletter have been edited for length.
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Andrea McMullen
AVP
ACT Canada
tel: 905 426-6360 ext. 24
fax: 905 619-3275
email: andrea(AT)actcda.com
web: www.actcda.com
mail: 85 Mullen Drive, Ajax, ON, L1T 2B3