S- I/A Table of Contents • Clover Atini—redefines the payment terminal. In addition to its sleek design, cloud-based software, elegant ease of use, and ability to accept most payment types (including swipe, PIN debit. EMV, and near-field communication (WPC) transactions), it provides access to the Clover App Market—designed to do for the small business owner what the smartphone did for the consumer. Clover has not yet had an opportunity to have a material impact on our financial performance to date, but we believe that Clover can play a significant role in our future growth. • Insightics-an innovative cloud-based software that unlocks the power of big data behind payment transactions to give SMI3s the ability to monitor key business metrics affecting their business, better understand customers to engage effectively, and derive more value from marketing and loyalty programs to grow revenue. Perka-a digital loyalty marketing platform. an alternative to traditional paper and plastic card-based incentive programs. With Perka, virtually any business can customize and launch a mobile loyalty program that works on all cell phones. creating customer loyalty and driving growth. Gyft-a leading digital platform that enables consumers to buy, send, manage. and redeem gift cards using mobile devices. G,v,ft's capabilities, combine) with our long-standing experience in prepaid solutions, create a distinct combination in a rapidly growing market for virtual gift cards. Additionally, in October 2014 Gyfi became the first gift card solution to enable consumers to buy virtual gift cards with Apple Pay's in-app payment functionality. We also recently announced a global alliance with a leading technology consultant to develop next generation payment technology software using our VisionPLUS platform. Internationally, we expanded our presence in Brazil in the third quarter of 2014 with our launch of Bin, our Brazilian acquiring solution. Brazil is one of the fastest