Citi Cards has announced the launch of the Thank You Redemption Network, a new loyalty rewards program for Citi cardholders and retail banking customers. READ MORE »

CyberSource and I4 Commerce have announced they're partnering to make it easier for merchants to implement I4 Commerce's Bill Me Later payment service. READ MORE »

Kevin Poulsen writes in Security Focus about the upgrades now underway to address ATM PIN pad security and certification requirements.

Earlier this month, Visa International announced it was postponing its original July 1, 2004 compliance deadline for deploying tested and approved ATMs.

Creditman reports on NOCHECK, a UK-based online payment service -- having recently passed the milestone of having processed £100 million. READ MORE »

Jack in the Box restaurants has announced that it has completed implementation and now accepts Visa, MasterCard and Discover cards at all of its company-owned and many of its franchisee-owned restaurant locations. READ MORE »

MasterCard has announced that it has been named on ComputerWorld's list of top places to work in information technology.

The latest issue of the Smart Card Alliance's Smart Card Talk newsletter is now available. The Alliance has a webinar coming up later this week focusing on merchant and consumer benefits from contactless payment technologies.

In its earnings release this morning, Wells Fargo included the following highlights of its Internet-related activity: 5.6 million active online customers, up 30 percent from prior year; 1.9 million bill pay customers, up 36 percent from prior year; 485,000 active online small business customers, up 37 percent from prior year; over 1 million online statements now distributed monthly

US Bancorp reported earnings this morning that included a 16.4 percent growth in merchant processing services revenues at its Nova Information Systems subsidiary.

Merchant processing services revenue was higher in the second quarter of 2004 than the same quarter of 2003 by $23.3 million (16.4 percent), reflecting an increase in transaction volume and the purchase of two European merchant acquiring businesses, which accounted for approximately $7.1 million of the increase.

Off-premise ATM supplier Triton has announced that it is opening up its ATM interface specifications through the release of its Triton Standard.