Tags » Card Issuers, Cards For Teens, Financial Regulators
Angela Delli Santi reports for the Associated Press on new legislation introduced by New Jersey Sen. Robert Menendez that would "strengthen consumer protections against zealous marketing practices and abuses by credit card companies" who he says will issue credit cards to "anyone with a pulse and a social security number". Read on for the full text of the press release issued by his office on his "Credit Card Bill of Rights".
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Tags » Banking Industry, Checking Accounts, Washington Mutual
Washington Mutual is promoting its new free outgoing wire transfers to LA's Latino community. WaMu says it is "making the process of wiring money more affordable by introducing the new WaMu Free Checking account, which offers free foreign and domestic outgoing wire transfers."
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Tags » Checking Accounts, Remote Deposit Capture
BB&T has announced that its OnSite Deposit service has processed more than $1 billion in checks since the image-based service was introduced in March 2005.
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Tags » Authentication, Financial Regulators, Online Banking, Yodlee
Yodlee and Corillian have announced a partnership to ensure support of Yodlee's aggregation-powered financial applications with Corillian's multi-factor authentication solution, Intelligent Authentication.
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Tags » Mobile Banking, Mobile Payments
Robert Jaques reports for vnunet.com about the resurgence in interest around mobile commerce and payments as discussed in a recent In-Stat research study.
As a reminder, Payments News is conducting a reader survey of attitudes about Mobile Payments and Mobile Banking. Click here to participate in the Payments News survey.
Tags » Authentication, Identity Management, Online Banking, Phishing, Security
RSA Security has announced that it has acquired PassMark Security, a privately held company based in Menlo Park, that "delivers robust software-based authentication to millions of users worldwide, through some of the largest consumer-facing financial institutions."
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