Wednesday, July 7, 2010

BuyWithMe Closes $16 Million Series B Funding Led by Bain Capital Ventures

Leading Community Buying Website to Accelerate Growth into 20 Markets

NEW YORK--(BUSINESS WIRE)--BuyWithMe (www.buywithme.com), the premier community buying website that connects shoppers with the best deals and offers from leading local merchants, today announced the completion of a Series B round of funding for $16 million in growth capital led by Bain Capital Ventures. Matrix Partners, an existing investor, also participated.

“BuyWithMe, with its visionary management team and superior product offering, is pioneering social commerce and redefining the space. We look forward to being long-term partners with a company that has massive growth opportunities ahead.”

“We are thrilled to be able to accelerate our growth strategy with the Bain Capital Ventures investment,” said Cheryl Rosner, CEO, BuyWithMe. “Community buying is a significant trend that is transforming online purchasing. Our business model has already proven itself to be extremely successful in harnessing the power of local communities. We believe that Bain Capital Ventures is the right partner to support the next phase our growth strategy.”

“We’ve followed the social buying phenomenon, and this investment underscores our view that social networking and community based activity will drive and define the web’s evolution in the years ahead,” said Jeffrey Glass, Managing Director of Bain Capital Ventures. “BuyWithMe, with its visionary management team and superior product offering, is pioneering social commerce and redefining the space. We look forward to being long-term partners with a company that has massive growth opportunities ahead.”

Regarding the company’s plans for the future, Rosner said, “We have a deep commitment to the development of our brand and plan to use the investment from Bain Capital Ventures to further enhance our technology capabilities, supplement our team with more top talent, and accelerate our plans to be in 20 markets by the end of 2010. The investment will further increase our ability to stimulate local economies, and enable us to create valuable and long lasting relationships by connecting leading local merchants with savvy shoppers.”

Under the terms of the agreement, Jeffrey Glass, Managing Director, Bain Capital Ventures will join BuyWithMe’s board of directors alongside Nicholas Beim, General Partner at Matrix Partners, Cheryl Rosner, CEO, and the company’s founder, Andrew Moss.

BuyWithMe publishes daily deals in New York, Boston, Philadelphia, Washington D.C., and San Diego, and plans to be in 20 markets by the end of 2010.

In January 2010, the company raised Series A funding of $5.5 million from Matrix Partners. In April 2010, the company relocated its headquarters from Boston to New York and announced the appointment of Cheryl Rosner as CEO.

About BuyWithMe

BuyWithMe (www.buywithme.com) is the premier community buying website that connects shoppers with the best deals and offers from leading local merchants. Through the power of community buying, customers have access to limited time sales and specials for spas, restaurants, health clubs, bars and other local activities in their city. BuyWithMe currently publishes daily deals in New York, Boston, Philadelphia, Washington D.C., and San Diego, and plans to be in 20 markets by the end of 2010. BuyWithMe is headquartered in New York City.

For more information about working with BuyWithMe and to receive free emails for the best offers in your city, sign up at www.buywithme.com.

For additional news follow @BuyWithMe on Twitter.

About Bain Capital Ventures

Bain Capital Ventures (www.baincapitalventures.com) is the Boston-based venture capital affiliate of Bain Capital, which has approximately $65 billion of assets under management worldwide. Founded in 1984, Bain Capital and its affiliates have made investments in more than 300 companies. The firm’s history of investing in early stage companies also dates back to 1984, having made over 125 venture-stage investments since inception including such companies as LinkedIn, Staples, SunGard, DoubleClick, Instinet, SolarWinds, ProfitLogic, Archer Technologies, Shopping.com, Taleo, m-Qube, Aspect Development, and Gartner Group. In 2001, Bain Capital Ventures was formed as a separate arm of Bain Capital to focus exclusively on growth investments. Bain Capital Ventures currently has approximately $1.5 billion in assets under management and invests in business services, consumer, healthcare, internet & mobile, and software companies.

Contacts

BuyWithMe

Mindy Joyce, 646-259-1546

mindy@buywithme.com

or

For Bain Capital Ventures

Mira Woods, 617-513-7020

mira@mgresults.com

Permalink: http://www.businesswire.com/news/home/20100707006318/en/BuyWithMe-Closes-16-Million-Series-Funding-Led

5TH Annual Online Trust to Feature Howard Schmidt as Keynote Speaker

Online Trust & Cybersecurity Forum

Special Assistant to the President and Cybersecurity Coordinator Howard Schmidt Invited to Keynote

Nation's business, government and technology executives in collaborate around consumer trust, privacy and security

Seattle, WA – July 7, 2010 – The Online Trust Alliance (OTA) today announced keynotes and speakers for the 5th Annual Online Trust and Cybersecurity Forum being hosted at Georgetown University September 22-24 in Washington DC. White House Cybersecurity leader and presidential advisor Howard Schmidt had been invited to provide the kickoff keynote. Later that morning, Greg Link of Franklin Covey who will provide a keynote on the Speed of Trust, the New York Times best seller.

They will be joined by Mark Bregman, Chief Technical Officer of Symantec, Josh Glantz, VP and General Manager of Publishers Clearing House and Randall Rothenberg, CEO of the Interactive Advertising Bureau. Additional plenary and panel speakers include Trevor Hughes, Executive Director IAPP; Larry Clinton, President of the Internet Security Alliance; Ari Schwartz, VP and COO, Center for Democracy & Technology; Jessica Rich, Deputy Director, Federal Trade Commission and James Van Dyke of Javelin Research.

“Consumer trust is one of the primary enablers for continuing the global economic growth driven by the Internet,” said Mark Bregman, Executive Vice President And Chief Technology Officer, Symantec Corporation. “A strong public/private partnership between government and business is a key element for ensuring online trust for consumers. Events such as the Online Trust and Cybersecurity Forum help develop the framework necessary for the exchange of information needed to make that kind of partnership successful.”

The goal of the Forum is to help e-commerce companies, governmental agencies, financial institutions, and marketers enhance consumer protection while protecting their brands from emerging threats. Through a mix of keynote, plenary and breakout sessions, attendees will learn the latest techniques and best practices, evolving issues in security, privacy and data governance, and strategies for decision-makers to use to align business and marketing goals with technical solutions.

"For more than 50 years Publishers Clearing House has been a leader in direct marketing. It is precisely because we are experts in online consumer privacy and data governance that we have been able to retain and grow our audience as our business evolves to multiple-channel direct marketing," said Josh Glantz. "I am looking forward to sharing this knowledge and helping marketers better understand how to protect their brand and their consumers from potential threats."

A highlight of the Forum will be the annual Online Safety Awards program. Co-sponsored by Symantec and Message Systems, these awards recognize companies, individuals and organizations for their contributions to the trust ecosystem. Nominations are being accepted until August 31st.

“As consumers increasingly assert their sovereignty over their data and preferences, building and retaining consumer trust has never been more important,” said Craig Spiezle, executive director of OTA. “Left unchecked we risk a consumer trust meltdown. The Forum will elevate critical business practices that show promise towards protecting users, the Nation’s critical infrastructure and the long-term vitality of the Internet.”

In conjunction with the Forum, OTA will be hosting the OTA Training Academy on Wednesday Sept 22, offering two half-day training programs on email authentication and email regulatory compliance. Taught by industry leaders, the Academy is a mix of curriculum based instruction, theory, practical applications and hands-on exercises. Participants will have the option to take a certification exam at the conclusion of the program with recognition at the Award’s program.

The Forum will be held on September 22 -24 at Georgetown University in Washington DC. Registration is open to the public. Register by August 1st and save $200. https://otalliance.org/dc.html

The event is being sponsored by OTA members including; Better Advertising, Box Sentry, Direct Marketing Association, DigiCert, Infragard, Intersections, Internet Identity, Lashback, MarkMonitor, Message Systems, Microsoft, Perkins Coie, PreferenceCentral, Return Path, Symantec and TRUSTe.

Speakers:

Keynote, Plenary Session Speakers & Visionaries

Howard Schmidt - White House Cyber Security Coordinator *

Greg Link, President & Co-Founder, Global Speed of Trust (Franklin Covey)

Scott Meyer, CEO, Better Advertising Inc.

Ari Schwartz, VP & COO, Center for Democracy & Technology

Vance Hitch, CIO US Department of Justice & Co-Chair Federal CIO Council

Jessica Rich, Deputy Director, Federal Trade Commission

Trevor Hughes, Executive Director, IAPP

James Van Dyke, President & Founder, Javelin Research

Randall Rothenberg, President , Interactive Advertising Bureau

Larry Clinton, President & CEO, Internet Security Alliance

Michael Stanfield, Chairman and CEO, Intersections Inc.

John Scarrow, General Manager, Microsoft

Craig Spiezle, Founder & Executive Director, Online Trust Alliance

Jules Polonetsky, Co-Chair & Director, Future-of Privacy Forum

David Daniels, CEO, The Relevancy Group

Michael Barrett CISO, PayPal

Josh Glantz, VP, General Manager, Publishers Clearing House

Mark Bregman, CTO, Symantec

Fran Maier, President, TRUSTeand over 20 other industry, business and policy leaders

About The Online Trust Alliance (OTA) https://otalliance.org/

OTA’s mission is to create and promote business practices and technologies to enhance online trust and the vitality of ecommerce and online services. Formed in 2004 to counter email deception and online abuse, today OTA is a global non-profit organization representing the Internet ecosystem supporting user choice and controls, protection of critical infrastructure, privacy and data governance, promoting marketing best practices, balanced legislation and self-governance.

Open and collaborative, relationships with business, industry, govt and non-governmental agencies are key pillars to helping address online threats. OTA is a member and or partners with leading organizations including the Anti-Phishing Working Group, (APWG), Direct Marketing Association (DMA), Email Experience Council, (eec), Email Service Provider Coalition (ESPC), eco, The German Internet Association, Digital PhishNet, InfraGard, Singapore Direct Marketing Association, US Chamber of Commerce and the London Action Plan (LAP).

For media-related inquiries contact:

Elizabeth Shambaugh

Online Trust Alliance (OTA)

Lizs@otalliance.org

Rabobank’s Use of Corillian Online from Fiserv Leads to Celent Model Bank Recognition

U.S. arm of global bank unifies online banking and bill payment with notable results

BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that Rabobank, N.A. has been recognized as a Celent Model Bank for their integration of online banking and bill payment through Corillian^® Online from Fiserv. Celent, an international research and consulting firm, names a select group of financial institutions as Model Banks each year based on the institutions’ effective use of technology. Rabobank, N.A. is part of Rabobank Group, which is headquartered in the Netherlands and is one of the largest banks in the world.

“We chose Corillian Online to create an online banking experience that would not only meet our customers’ needs but exceed them. We have now dramatically improved functionality, and have seen substantial increases in online banking and bill payment enrollment and use.”

“We have found that when users have a positive online banking experience, they are more likely to use the service regularly, and we’re more likely to attract new online banking users,” said Erwin Martinez, Chief Information Officer, Rabobank. “We chose Corillian Online to create an online banking experience that would not only meet our customers’ needs but exceed them. We have now dramatically improved functionality, and have seen substantial increases in online banking and bill payment enrollment and use.”

Since Rabobank implemented Corillian Online in September 2009 the average number of weekly online banking enrollments has increased by 33 percent, and the number of customers actively using online banking has increased by more than 64 percent.

In addition, the average number of weekly online bill payment enrollments has increased by 125 percent, which can be attributed to the integration of bill payment functionality into the online banking home page. First-time online bill payments by existing users are also up 33 percent. This increase in first-time payments among existing users is particularly significant, as research has shown that moving customers deeper into an online relationship is key to building customer loyalty and profitability. Rabobank also promoted adoption of the new online banking service with marketing efforts including in-branch merchandising, website promotion and a sweepstakes.

Corillian Online features a user interface that combines common online banking functionalities – account balances, statements, transfers, notifications, alerts, electronic bills and payments -- onto a single screen for easy access. Users can also see a graphical display of recent spending behavior on the same screen. This consolidation of relevant, actionable information makes management of day-to-day financial tasks easier for consumers.

“Rabobank understands that the future of banking will play out online, and Corillian Online provides a flexible foundation for a wide range of financial management activities,” said Erich Litch, senior vice president and general manager, Consumer Services, Fiserv. “Not only has the implementation allowed Rabobank to enhance the user experience, Rabobank now has the ability to expand their online services as new technologies emerge.”

In addition to Corillian Online, Rabobank uses Personal Money Manager^TM from Fiserv, which provides customers with access to transaction reporting and analysis capabilities within the online user interface, as well as Campaign Manager, Voyager^® Family Banking and Mobile Money^TM from Fiserv.

About Rabobank, N.A.

Rabobank, N.A. (RabobankAmerica.com) is a California community bank that provides personalized service and a full array of quality products to individuals, businesses, and agricultural clients. With nearly 100 locations, we serve the needs of communities from Sacramento to the Imperial Valley through local decision making and active community involvement by our employees.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visitwww.fiserv.com.

Contacts

Media Relations:

Ann S. Cave

Senior Public Relations Manager

Electronic Banking Services

Fiserv, Inc.

678-375-4039

ann.cave@fiserv.com

or

Additional Fiserv Contact:

Wade Coleman

Director, Public Relations

Fiserv, Inc.

678-375-1210

wade.coleman@fiserv.com

At A Glance

Fiserv, Inc.
Source: via Business Wire Updated 08/18/2009 by company
Headquarters:	Brookfield, Wisconsin
Website:	http://www.fiserv.com
CEO:	Jeff Yabuki
Employees:	20,000
Ticker:	FISV (NASDAQ)
Revenues:	$4.74 billion (2008)
Net Income:	$569 million (2008)

Permalink: http://www.businesswire.com/news/home/20100707005695/en/Rabobank%E2%80%99s-Corillian-Online-Fiserv-Leads-Celent-Model

5/3 Processing Solutions Acquires TNB Card Services

Fifth Third Processing Solutions Acquires TNB Card Services from Town North Bank

Extends Growth into the Credit Union Market

CINCINNATI, July 7 /PRNewswire-FirstCall/ -- Fifth Third Processing Solutions, LLC, announced today that it has acquired the assets of TNB Card Services from Town North Bank, N.A., an independent community bank based in Dallas. This acquisition advances FTPS' efforts to provide best-in-class capabilities to its client base and will strongly expand its commitment to providing innovative electronic payment solutions to credit unions and their members.

TNB Card Services currently provides credit, debit, and prepaid cards, loyalty, consulting and ATM driving with a full suite of back-office services to more than 370 credit unions in 27 states and the District of Columbia. Since 1976, Town North Bank, through its TNB Card Services division, has grown to service roughly 1.4 million credit and debit accounts.

TNB Card Services becomes part of FTPS which is headquartered in Cincinnati, Ohio and is one of the payments industry's oldest and largest providers of transaction processing and acceptance solutions for merchants, businesses and financial institutions around the world.

"We are very pleased to acquire TNB Card Services, which has distinguished itself as a respected leader in the credit union market with a loyal following of clients and a focus on simplifying complex payment systems," said Charles Drucker, CEO of FTPS. "The acquisition furthers our position as a leading provider of innovative products and services for credit unions and their members. We look forward to working with the TNB Card Services team as they continue providing their exceptional servicing to their valued clients."

"The combination of TNB Card Services' deep understanding of credit unions and their members with FTPS' commitment to industry-leading technology will deliver an exciting choice to credit unions who are looking for a partner to help them achieve their program goals," said Jesse Gutierrez, president and chief executive officer of Texas Bay Area Credit Union and chairman of the board of Town North Bank.

"This announcement is great news for TNB Card Services and their credit union clients, as well as all of the credit unions they will partner with in the future," said Steve McDonald, President and CEO of Town North Bank. "TNB Card Services will leverage FTPS' industry leadership and investment to provide their clients with electronic payment innovation backed with quality service delivery and a unique partnership model."

About Town North Bank

Town North Bank, founded in 1972, is one of the largest and longest serving community banks in Dallas, with assets of approximately $900 million. It is known for its innovative products and personal service, offering a range of banking services, from commercial lending to treasury management services. For more information, visit www.tnbonline.com.

About TNB Card Services

Since 1976, TNB Card Services has provided electronic payments processing for credit unions nationwide. It delivers exceptional processing services for credit, debit, and ATM transactions and provides portfolio consulting and marketing programs that increase card usage and grow card programs. TNB Card Services enhances member loyalty through credit union-branded card products and services, including card personalization products and loyalty solutions. For more information, go to www.tnbcard.com.

About Fifth Third Processing Solutions

FTPS delivers innovative payment transaction processing and acceptance solutions to create and support complex payment strategies for merchants, businesses, and financial institutions around the world. A pioneer in card payment acceptance in the early 1970s, FTPS is headquartered in Cincinnati, Ohio and is a joint venture with Advent International and Fifth Third Bank, a subsidiary of Fifth Third Bancorp (FITB)

As a premier full service payment solutions provider, the Company provides servicing solutions and product engineering for financial institutions’ and retailers’ credit card, debit card, merchant and private label programs processing over 33.3 billion ATM and point of sale transactions and over $315.5 billion in debit and credit card sales volume annually. The Company supports over 180,000 merchant and financial institution locations and 11,000 ATMs in 44 states and 11 countries. According to the Nilson Report (March 2010), the Company is the third largest U.S. merchant transaction acquirer. Learn more atwww.FTPSLLC.com.

SOURCE Fifth Third Processing Solutions, LLC

Password Stealers and Conficker Top June Malware

According to CNET, malware surged in June:

June proved to be another hot month for malware with by a surge in attacks by a password-stealing bot and the return of old nemesis Conficker, according to a report released Tuesday by security software maker Sunbelt. Designed to ferret out cached passwords and log-in credentials for banking sites, "Trojan-Spy.Win32.Zbot.gen" was the second-most prevalent piece of malware detected by Sunbelt last month, up from the No. 5 spot in May. The top spot, grabbing more than a quarter of all detections, was held by "Trojan.Win32.Generic!BT," a generic form of malware with hundreds of variations and sometimes associated with scareware and rogue security software, noted Sunbelt.

(Credit: Sunbelt Software)

The month also marked a return engagement of Conficker, this time in the form of a variant called Downadup. Following the...<<read more>>>

Editor's Note: Here's Sunbelt Software's Press Release:

Sunbelt Software Announces Top 10 Malware Threats for June

SunbeltLabs detects surge in password-stealing Trojans, media player threats and the re-emergence of Conficker as users visit untrusted sites in search of World Cup video

July 06, 2010 09:45 AM Eastern Daylight Time

CLEARWATER, Fla.--(EON: Enhanced Online News)--Sunbelt Software, a provider of security software, today announced the top 10 most prevalent malware threats for the month of June 2010. The report, compiled from monthly scans performed by Sunbelt Software's award-winning anti-malware solution, VIPRE^® Antivirus, and its antispyware tool, CounterSpy^®, is a service of SunbeltLabs™.

“Although Trojans continue to dominate the top 10, June reveals interesting trends such as a fresh wave of Conficker-based detections, suggesting that this troublesome piece of malware is on its way back”

Most significant in June was a surge in detections of Trojan-Spy.Win32.Zbot.gen, a growing family of password-stealing Trojan horse programs, which moved up from fifth place in May to second in June as a result.

Also revealed by Sunbelt Software’s ThreatNet™ statistics was the re-emergence of the high-profile Conficker worm, in the form of variant Downadup. Like the original Conficker strain, Downadup spreads across a network by taking advantage of a vulnerability in Windows Server service which allows remote code execution when file sharing is enabled. This particular variant of Downadup also spreads through removable drives and takes advantage of weak administrator passwords to turn off some system services and anti-malcode protection.

New entries in the top 10 in June were:

Packed.Win32.Tdss.q (v) (TDSS Rootkit)

Trojan.ASF.Wimad (v) (Redirect browsers to a malware-infected web site)

Worm.Win32.Downad.Gen (v) (A variation of the Conficker worm)

Trojan.ASF.Wimad (v) is a VIPRE detection for a group of Trojanized Windows media files which, when opened with Windows Media Player, redirect the victim’s browser to a web site to download malicious files. They have been used to download a variety of malware. The growth in these detections in the month of June is widely due to increased activity around video downloads associated with the FIFA World Cup, which began on June 11.

Trojan.Win32.Generic!BT – a generic detection for Trojans, continued to dominate the top 10 and accounted for a over a quarter (27.16%) of all detections, down a fraction on the previous month. It is a detection that includes many downloaders associated with scareware or rogue security products.

Seven of the top 10 detections found also featured in May, while six of the top 10 were Trojan horse programs, highlighting a small decrease in the number of different types of Trojans being detected in volume. However, Trojans are still highly active, as illustrated by the growth in Trojan-Spy.Win32.Zbot.gen.

INF.Autorun (v), Trojan.Win32.Generic.pak!cobra and BehavesLike.Win32.Malware (v) also recorded significant month-on-month rises in percentage of detections.

“Although Trojans continue to dominate the top 10, June reveals interesting trends such as a fresh wave of Conficker-based detections, suggesting that this troublesome piece of malware is on its way back,” said Sunbelt Software research center manager Tom Kelchner.

“As we expected, malware related to the distribution and downloading of media files is also on the increase, as highlighted by the appearance of Trojan.ASF.Wimad (v) in the top 10 for June, coinciding with the start of the FIFA World Cup. With many of the World Cup matches taking place during work hours when users have no access to a TV, the temptation to seek out online streaming services, be they from trusted or untrusted sources, has been too strong for some users. To avoid unnecessary malware risks, it is essential to keep clear of unknown and unproven sites offering audio and video streaming,” Kelchner added.

The top 10 results represent the number of times a particular malware infection was detected during VIPRE and CounterSpy scans that report back to ThreatNet, Sunbelt Software’s community of opt-in users. These threats are classified as moderate to severe based on method of installation among other criteria established by SunbeltLabs. The majority of these threats propagate through stealth installations or social engineering.

The top 10 most prevalent malware threats for the month of June are:

1.	Trojan.Win32.Generic!BT	27.16%

2.	Trojan-Spy.Win32.Zbot.gen	4.68%

3.	INF.Autorun (v)	4.05%

4.	Trojan.Win32.Generic.pak!cobra	2.58%

5.	BehavesLike.Win32.Malware (v)	1.48%

6.	Packed.Win32.Tdss.q (v)	1.34%

7.	Trojan.ASF.Wimad (v)	1.13%

8.	Trojan.Win32.Malware	1.06%

9.	Trojan.Win32.Agent	1.04%

10.	Worm.Win32.Downad.Gen (v)	1.02%

To see a graphical comparison of the top 10 most prevalent malware infections between May and June, please visithttp://www.sunbeltsoftware.com/malware-threat-report/.

About SunbeltLabs

SunbeltLabs specialises in the discovery and analysis of dangerous vulnerabilities (i.e., security holes, bugs, maligned features or combination of operations) that could be exploited for Internet and email attacks. The research team actively researches new malware outbreaks, creating and testing new threat definitions on a constant basis. For detailed threat research information and to view the top 10 threats in real time please visit SunbeltLabs at http://www.sunbeltsecurity.com.

About Sunbelt Software

Headquartered in Tampa Bay (Clearwater), Fla., Sunbelt Software was founded in 1994 and is a leading provider of Windows security software including enterprise antivirus, antispyware, email security, and malware analysis tools. Leading products include the VIPRE^® and CounterSpy^®product lines, Sunbelt Exchange Archiver™, CWSandbox™, and ThreatTrack™.

For more information about Sunbelt Software, please visit the company’s website at: http://www.sunbeltsoftware.com. To learn more about current activities, products, and ideas at Sunbelt Software, please visit Sunbelt’s corporate blog at http://www.sunbeltblog.com. To view this release online, go to

http://www.sunbeltsoftware.com/Press/Releases/?id=361.

Contacts

Davies Murphy Group

Brian Alberti

sunbelt@daviesmurphy.com

www.daviesmurphy.com

or

Sunbelt Software

Laurie Murrell, 727-562-0101

lauriem@sunbeltsoftware.com

www.sunbeltsoftware.com

Permalink: http://eon.businesswire.com/news/eon/20100706005754/en/SunbeltLabs/malware/security

Speakers and Keynote Address Announced for CPI European Payments Summit

Don’t Miss this Exciting Line-up of Speakers – with More to Come!

The first group of speakers and panelists has been announced for the CPI Commercial Cards & Payments Summit Europe 2010 and it is a not-to-be-missed line-up. The keynote presentation will set the stage for the presentations to follow and panel discussions about opportunities in commercial cards and payments across Europe. Space is limited so register now to secure your place and save $200 with the early bird rate of $795 which expires July 31, 2010.

Keynote Presentation: Opportunities in Commercial Payments: Leveraging Key Macro-Economic Trends in 2011 Presented by Michael Carbone of MasterCard Advisors and Adrian Cooper of Oxford Economics

MasterCard Advisors believes that 2009 marked the first year in the history of the product to show a year-over-year decline in commercial card spending volumes. For the first time, broader macro-economic trends became the single most important factor in product performance.

MasterCard Advisors, in partnership with leading econometrics firm, Oxford Economics, will present an overview of some of the key macro-economic factors expected to impact European commercial payments businesses, along with ideas on key areas of opportunity (countries and industries) and thoughts on how to address them. Topics will include:

Key growth countries and industries: focusing sales and program optimization efforts to maximize ROI

Meeting the needs of your customers: small changes to the commercial card value proposition that make it better match the exigencies of economic conditions

Portfolio analysis: overlaying economic forecasting and industry benchmarks to identify growth opportunities within your current portfolio

Other Confirmed Speakers and Panelists:

Kevin Phalen, Commercial Card and Comprehensive Payables Executive, Bank of America Merrill Lynch

Francois Rassart, Head of Commercial Payment Solutions Europe, MasterCard Europe

Douglas Gray, Head of Commercial Payment Solutions, ING Commercial Banking, Payments & Cash Management

John Casanova, Partner, Sidley Austin LLP

Stephen Hyland, Global Travel Manager, Volvo Group

Steve Abrams, The Abrams Group and Chairman of the CPI Advisory Board

Sid Vasili, CEO, Invapay

Kevin Woods, Vice President & General Manager, AOC Solutions

William Long, Counsel, Sidley Austin LLP

Scott Songer, Strategic Advisor, AOC Solutions

Additional speakers and the agenda will be released shortly. This is the European event of the year for commercial cards and payments professionals. Register now to learn how to maximize your commercial payments business opportunities in Europe.

Registration is subject to approval. Note to Suppliers: First preference is given to financial institutions, corporate and government end users, and commercial payments practitioners. Suppliers to the industry should call +1.303.915.4924 to determine if they are eligible for registration.

Please click here to see our Terms and Conditions.

This one-day event will be held at the Sidley Austin LLP offices at 25 Basinghall Street, London EC2V.

For more information, please visit our European Summit Homepage or call +1.303.915.4924.