Michael Fitzgerald writes for CIO Magazine about W. Roy Dunbar, MasterCard's president of global technology and operations, and the processes he's using to help MasterCard find ways to innovate faster - including using a process called "Rapid Value Creation" - coupled with "Accelerated Solutions Development Environment" - a software development process designed to make the IT organization more responsive to business needs.

NACHA has announced that, effective January 1, 2007, it will begin "assessing financial institutions a fee of $0.0001 on all ACH transactions except "on-us" transactions. NACHA is also assessing every financial institution using the ACH Network an annual fee of $42, including those that choose not to be members of Regional Payments Associations."

RSA has announced that Wachovia has "deployed the RSA® Adaptive Authentication solution and joined the RSA eFraudNetwork community to protect its customers, their funds and personal information further when banking online, while incurring minimal impact to the online user-experience."

Mark Veverka writes for Barron's Online about Ceridian and efforts by some shareholders to have the company divest itself of its Comdata subsidiary. Comdata's Stored Value Systems unit is one of the largest gift card processors in the US.

• Authorize.Net Launches New Merchant Toolbox
• H&R Block Bank Reaches 1 Million Accounts Goal Early: Clients Have Saved $30 Million in Check-Cashing Fees
• MAGENSA™ to Showcase MagneSafe™ Reader & Website Authentication for Secure Internet Banking and e-Commerce at the RSA Conference and Exposition
• Privaris Teams with RSA, The Security Division of EMC, to Add RSA SecurID® Technology to the plusID™ Universal Biometric Device
• Capital One Urges Consumers to ‘Be Informed’ About Their Finances During National Consumer Protection Week
• Fiserv Imagesoft, CONIX Systems Partner to Eliminate Duplicate Payment Postings
• Q&A with RSA Security's Art Coviello
• 'Tokens are Broken and Pictures Fade,' According to New TriCipher Customer Poll
• Major Provider of Electronic Funds Transfer Services Selects TriCipher to Deliver Authentication Services to Over 1600 Financial Institutions
• Two Ahold Group Member Companies Choose VeriFone for Next-Generation Payment Processing Solution
• eMarketer: Is ecommerce about to plateau?
• San Jose Mercury News: Insiders: CyberSource execs ring up gains

We have received news of the following recent management changes:

• Jeff Amann, a former
  has been named Chief Administrative Officer and Interim Chief Financial Officer at Pay By Touch.
• Steve Groppi has been named head of Cash Management sales at JPMorgan Chase Treasury Services.
• Michael Geppert has been named president, First Data Solutions, at First Data Corp.