Robin Arnfield writes for Newsfactor Online about the safety of online banking and the range of efforts being taken by financial institutions to better secure their systems against attacks.

Citigroup has reported financial results for the fourth quarter of 2005 with Citi's US Card business reporting revenues declining 7 percent prior to applying an additional accounting charge (related to customer reward programs) that further reduced its reported revenues.

People's Daily Online reports on a MasterCard survey of Chinese consumers which concludes the Chinese are highly optimistic about their future, with "confidence in their life quality and income."

Note: Throughout the day, as Payments News happens, this post is updated.

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