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The Federal Reserve and the U.S. Department of the Treasury today announced an extention through March 2010 of their Term Asset-Backed Securities Loan Facility, which provides funding for asset-backed securities collateralized by credit cards and other types of consumer loans. The program, announced last November, originally was scheduled to end Dec. 31.

Edo Interactive has received an $8.5 million equity investment from Franklin, Tenn.-based Clayton Associates and Nashville, Tenn.-based First Avenue Partners.

First Data Corp. has added a wireless point-of-sale terminal dubbed the FD400 to its roster of proprietary devices.


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