MasterCard has announced that Norman McLuskie has been named chairman of the MasterCard Europe board of directors replacing Mr Jean-Pierre Ledru, Senior Vice President of Crédit Agricole S.A., France. McLuskie is currently Chairman (formerly Chief Executive) of the Retail Direct division of the Royal Bank of Scotland Group in the UK.

NACHA's Internet Council is holding its next meeting at the Fairmont Hotel in San Francisco next week. The meeting agenda is available online.

Yesterday InfoSpace reported quarterly financial results including results for its Authorize.net payments business. READ MORE »

Pay By Touch has announced an agreement with IBM to offer retailers using IBM point of sale systems the ability for their customers to pay by touch. READ MORE »

Investors Business Daily reports on iPayment's strategy of focusing on small merchants.

The company serves 90,000 small merchants across the country. The average processed transaction is $75, with each merchant typically creating less than $250,000 a year in charge volume.

China View is reporting on plans by the Chinese government to issue new intelligent ID cards to its 1.3 million people.