Yodlee and PassMark Security have announced a strategic alliance to enable PassMark's two-factor/two-way authentication to operate with all of Yodlee's aggregation services.

"Millions of consumers have come to rely on Yodlee's aggregation technology to manage their finances online," said Louie Gasparini, CTO at PassMark Security.

"By working together, PassMark and Yodlee can ensure that consumers, and the financial providers who offer these services, can enjoy their use with renewed confidence that the strengthened security will guard against phishing and other forms of online fraud."

Chase announced this morning that has selected Colorado as its second market for the launch of its new 'blink' contactless credit cards.

Chase said it will start shortly delivering new cards with blink to over 500,000 Colorado cardholders who will be able to use them at an initial base of more than 400 merchant locations in 63 cities across Colorado, including Arby's, 7-Eleven, Regal Cinema's and Walgreen's.

Robin Sidel reports for the Wall St. Journal's "Heard on the Street" column saying that the nation's independent "monoline" credit card companies may not be independent much longer.

Although their lack of diversification was considered a boon when the credit-card industry was growing, the mono-line card issuers that are left have few places to turn as the card market becomes saturated and growth slows. They are essentially shut out of the fastest-growing section of the payments business -- debit cards -- because they don't handle bank accounts.

On Track Innovations (OTI) has announced a partnership with Ingenico North America to provide secure contactless solutions for the payment and identification markets.

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