1. The only quantitative assessment of the payments industry’s readiness to ignite or adapt to innovation and change Proprietary & Confidential. Not for Distribution without express written permission

2. The Innovation Readiness Index | Scope & Purpose There is currently no consistent, reliable benchmark that measures how companies are addressing innovation in the payments space. The rapid evolution of technology is making it critically important to understand how well certain segments are performing as well as how specific companies compare within each segment. Scope US Retail Payments Purpose Assess Each Player’s Readiness to Ignite or Adapt to the Innovative Changes in Payments (vs. each other and vs. other segments) Proprietary & Confidential. Not for Distribution without express written permission

3. The Innovation Readiness Index | Vision Our vision is to be THE brand index for payments innovation – a credible, reliable ranking of companies. It will help individual companies identify their strengths and weaknesses vs. the competition. It will signal where they need to improve their external perception or where they can leverage brand strengths. It will demonstrate where certain segments fall short vs. other segments and potential areas they can leverage to move the needle forward. Proprietary & Confidential. Not for Distribution without express written permission

4. The Innovation Readiness Index | How it Works Methodology With development and guidance from leading academics and industry thought leaders, the Innovation Readiness Index leverages proven methodologies for measuring innovation strategies and execution. Its structure ensures that it is not biased towards one industry segment, enables rich external evaluation, and is uniquely distinctive within the payments industry. Categories covering 100 companies Top companies from across the payments value chain including: What’s In It? Professional payment industry perceptions of company performance using survey methodology from PYMNTS subscriber base Patent strength, using competitive impact Financial metrics and performance Company investments, partnerships, active initiatives Objective performance metric derived from multiple data points including Networks Issuers Money Transmitters POS Enablers Commerce Platforms Security Stored Value Processors Rewards & Loyalty Proprietary & Confidential. Not for Distribution without express written permission

5. The Innovation Readiness Index | Components Components “The Index” – multiple, objective data elements combined to determine the value for each company based on a rigorous methodology. Self-evaluation survey – an in-depth analysis of what drives innovation within each company and the ability to create value within the ecosystem. Categories include: Purpose of each component The Index is designed to give all companies a “starting point” and reflect where they stand today with regards to driving innovation. In addition, it will also reflect how individual segments compare to each other – For example are Rewards companies leading the way vs. Processors? The self-evaluation survey is a deep dive into the “what” of a particular company. It provides a richness of the process, focus and value captured by innovation. Perhaps more importantly, it will allow you to compare how your institution handles innovation vs. your peers or other companies within the ecosystem by indexing across all other participating entities. Role of Innovation Value Proposition Sources of Value Monetization model Ignition strategy Proprietary & Confidential. Not for Distribution without express written permission

6. The Innovation Readiness Index | Program Architects David Evans Karen Webster Founder, Market Platform Dynamics Visiting professor at University College London & the University of Chicago Ph.D. in Economics, University of Chicago and Author of Paying with Plastic CEO, Market Platform Dynamics and President, PYMNTS.com One of the world’s leading experts on emerging payments and commerce Masters Degree in Marketing from John’s Hopkins University Recognized leader in the successful design and deployment of new products and emerging payment strategies worldwide Over 20yrs experience of working with financial institutions and retail partners Managing Director, Market Platform Dynamics MBA in Finance from the University of Chicago Booth School of Business Gloria Colgan Josh Lerner Jacob H. Schiff Professor of Investment Banking at Harvard Business School, and head of the Entrepreneurial Management unit Ph.D. in Economics from Harvard Author, The Architecture of Innovation, The Venture Capital Cycle, The Money of Invention, and Boulevard of Broken Dreams Proprietary & Confidential. Not for Distribution without express written permission

7. The Innovation Readiness Index | The Output Proprietary Report & Analytic Platform Participating companies receive access to a detailed annual report with summary findings, company and industry rankings/benchmarking based on: Robust Analytic Platform PYMNTS will create and host a robust analytic platform which allows each company to cross-tab and analyze responses for categories in which they participate. The data contained within the platform will allow participating companies to benchmark themselves against the competition across a number of dimensions including external perception scores, patent value and strength, innovation investment history, org structure and culture, financial commitment, strategic focus, degree to which the company has influence on the rest of the ecosystem, asset value and innovation rigor Quantitative index Perception of the company based on feedback from PYMNTS.com subscribers Patent strength Financial metrics Four additional metrics that combined comprise “the index” Self evaluation score indexed vs. competitors and vs. other payment segments Proprietary & Confidential. Not for Distribution without express written permission

8. The Innovation Readiness Index | Example Example report – Patent Information Quality Competitive Impact Quantity Portfolio Size Client Bubble Size: Patent Asset Index ™ A B C D H F I E G Proprietary & Confidential. Not for Distribution without express written permission

9. The Innovation Readiness Index | Example Example report – Evolution of patent portfolios over time Bubble Size: Patent Asset Index ™ Company A Company B Quality Competitive Impact Quantity Portfolio Size Proprietary & Confidential. Not for Distribution without express written permission

10. The Innovation Readiness Index | Participation Complete access: Participation in robust self-evaluation. Results from self-evaluation indexed to other participants and included with annual report and analytic platform, plus critical patent insights. In addition, company receives quarterly updates, including key patent filings, investment activity and new product introductions. Baseline: Self evaluation and final report + Quarterly reports available + Analytic Platform available Proprietary & Confidential. Not for Distribution without express written permission