Reuters reports that PayPal has had intermittent glitches in its system since late last week and is working to get the problems resolved.

The use of stored value debit rewards cards for sales incentives continues to grow. This morning, two new programs were announced - one involving the gaming company Nintendo and the other involving network equipment supplier D-Link. Both are using debit rewards cards as incentives to their sales distribution channel partners.

The Mail & Guardian Online reports from Johannesburg, South Africa on MasterCard's OneSMART program.

Heather Havenstein reports on FCW.com about federal directives on electronic credentials and how they could boost adoption of smart cards for authentication.

Pacific Business News reports on identity theft rates in Hawaii -- particularly affecting senior citizens and their credit cards.

Citigroup's Global Transaction Services unit has announced a new borderless banking initiative intended to provide a suite of white-label Citigroup services to partner banks.

William Bulkeley writes in today's Wall St. Journal about the increasing use of fingerprint identification for authentication (subs. reqd).

Retailer Gap Inc. has launched a new cross-brand private label credit card program that lets customers earn rewards from shopping at the Gap, Banana Republic and Old Navy stores. READ MORE »

First Data Corp. and Drugstore.com have announced they're working together to simplify the processing of Flexible Spending Account payments. READ MORE »