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December 22, 2005

Online Bill Paying Is Easy, Safe

Madlen Read reports for the Associated Press on a reader's question about the security of online bill payment.

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Mint and GE Money Announce Partnership to Issue Prepaid Cards in Canada

Mint Capital Corp. and GE Money, the Canadian consumer lending unit of General Electric Company, have announced an agreement to issue prepaid cards in Canada.

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In MasterCard IPO, A Charity's Role Is Questioned

James Kelleher reports for Reuters on some questions being raised about the MasterCard Foundation that is being setup as part of the planned initial public offering upcoming for MasterCard.

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Wipro Acquires mPower

Wipro has announced that it is acquiring mPower, a niche payments company based in Princeton, NJ.

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No Partial Payments With Gift Cards?

Susan Tompor writes for the Detroit Free Press about just how difficult (impossible?) it is to use some gift cards for partial payment on purchases.

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A Tale Of Two Kens And A Lawsuit

Rick Rothacker reports for the Charlotte Observer on the background behind yesterday's announcement that Bank of America will begin issuing American Express cards - while American Express is dropping Bank of America from the list of defendants in the damages lawsuit it has filed against Visa, MasterCard and several card issuing banks.

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