MasterCard has announced its spring debit promotion entitled the "MasterCard Monthly Bonus Sweepstakes" "Targeting women, this promotion offers MasterCard debit cardholders in the U.S. the chance to win a $1,000 monthly bonus over the course of 10 years."

MasterCard has updated its S-1 Registration Statement with the SEC. Today's filing is the third amendment to the initial filing made last September. Earlier, MasterCard had indicated that it expected its initial public offering to be completed in the second quarter of 2006.

EUFISERV has announced that its board of directors has taken decisions necessary for the EUFISERV ATM card scheme to become compliant with the SEPA Cards Framework (SCF). This will allow the scheme to continue to be a part of the European payment system landscape after the launch of SEPA in 2008.

HSBC's Global Transaction Banking Services has announced it will provide clients a centralized-secure payment service across Canada, the United States and Mexico. The payment service is geared toward clients that need to make payments to trading partners within North American Free Trade Agreement (NAFTA) countries.

Entrust has announced filing a patent infringement lawsuit against Palo Alto-based Addison Avenue Federal Credit Union related to an authentication solution for the credit union is using with its customers which Entrust considers an infringement on its grid authentication patent.

Edward Epstein reports for the San Francisco Chronicle on legislation pending in the House that would mandate certain uniform national standards for consumer notifications in the event of breaches of personal financial data, thereby pre-empting various state laws that are in effect dealing with notification requirements.

Bob Sulllivan reports for MSNBC.com that "U.S. retailers are being warned that software they use at checkout counters may store too much customer information — including customer debit card PIN numbers that are supposed to be immediately erased or encrypted."

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