The Medford, Oregon Mail Tribune reports on Brent Pearson and his just patented anti-check fraud technique. HIs technique optically obscures the bank account number information printed on checks while allowing bank-owned magnetic readers to still read the numbers correctly. READ MORE »

Pay by Touch has announced that it has closed $25 million in financing from investors led by Mobius Venture Capital and including participation from the Gordon P. Getty Family Trust and other private investors. READ MORE »

CyberSource has announced support for the use of ATM cards for online payments without PIN's within certain specific acceptance categories. READ MORE »

E*Trade Financial has announced the sale of its ATM operations subsidiary to Cardtronics for $106 million in cash. In March, Cardtronics filed an S-1 registration statement for an initial public offering that has yet to happen.

Visa EU has announced that first quarter 2004 ecommerce sales in the UK surged up 123 percent over the same period in the prior year. READ MORE »