Robin Sidel reports in Friday's Wall St. Journal on the potential spinoff of Discover from Morgan Stanley.

"With the right people and the right funding, there are a lot of interesting things that Discover can do," says Duncan MacDonald, an industry consultant. "They can put a real scare into the other networks."

Wharton's Leadership and Change reports on a discussion with American Express CEO Ken Chenault.

Applying Darwinian theory to the business domain, he told a Wharton audience on March 17 that "it's not the strongest or the most intelligent who survive, but those most adaptive to change. Over the past 10 years, the need for, and focus on, adaptability has accelerated."

Lea Goldman reports for Forbes on Neteller.

DiamondCluster has announced a new report that concludes that the increase in electronic payments will have major ramifications on the US payments industry including:

A shift in the payments battleground to the retail store and point-of-sale; the realization that the information about the electronic payment transaction may become as valuable to banks and others as the payment transaction itself; and, an understanding that old networks may be used in ways that aren't to banks' advantage.

Eric Dash reports for the New York Times on what banks are doing toenhance their brands through their credit card designs.

Cyota has announced eSphinx, a new adaptive strong authentication technology for online banking.

• NetDeposit Signs Agreement to Integrate Orbograph Technology Into its NetCapture Family of Products

• MoneyGram Expands Its Electronic Bill Payment Capabilities With Acquisition of ACH Commerce

• Payment Application Developers Look to Ambiron for Compliance

• Global Payments' Executive to Serve on MasterCard Canada Board of Directors

• Digital Insight's Funds Transfer Made Easier With Aggregated Accounts

• KeyBank Acquires Payroll Online, Expanding Services to Small Business, Corporate Clients

• Smartpay Launches Real Time Payment Services in Shanghai and Hebei