ClickandBuy has announced it plans to offer secure person-to-person payments and a cash voucher program for the European market, as well as bringing its phone billing service to the U.S. market.   » Continue Reading

Wells Fargo said today that it will become "the first financial institution in the U.S. to provide Back Office Conversion (BOC) to its business customers through multiple depository channels when new electronic check processing rules take effect March 16."   » Continue Reading

UK payment services companies Voca and LINK Interchange Network have announced their intention to merge to create VocaLINK with the combined company expected to handle over 8 billion payment transactions this year.   » Continue Reading

Please pardon a bit of horn tooting! We passed a milestone in the evolution of Payments News last night when we crossed the 2,000 subscriber mark to the Payments News daily email distribution. Payments News is also read regularly by an estimated 1,500 or so payments professionals who subscribe to our RSS feed. If you're not yet a subscriber to Payments News, you can sign up for our daily email here or point your RSS reader (Google Reader is a great one) at our RSS feed here. Of course, you can also just bookmark PN and read it whenever you feel like it in your web browser!

Tempo Payments, has that "QuikTrip Corporation, a convenience/gasoline retail chain, will counter the high cost of credit card acceptance by offering a company-branded debit card that will provide customers with lower-priced gas at the pump."   » Continue Reading

"Do we really want to be in perpetual debt?" asks James D. Scurlock, author and director of "Maxed Out," in a conversation with personal finance columnist Michelle Singletary talking about consumer credit card debt.

JP Morgan Chase is holding its 2007 Investor Day today in New York City. Copies of the presentations are available online including one on Chase's credit card business (PDF) given by Rich Srednicki and its retail banking business (PDF) given by Charlie Scharf.

The 41st Parameter has announced that GSI Commerce has selected its proprietary FraudNet solution to identify client devices online to detect and prevent Internet fraud. According to the companies, "GSI, which operates eCommerce businesses for about 60 partners in 11 retail merchandise categories, uses FraudNet to identify suspect versus legitimate online devices and transactions to help prevent criminals from completing fraudulent purchases."   » Continue Reading

Experian has announced an alliance with VoiceVerified to "jointly market and sell authentication solutions that combine data-based and voice biometric authentication technologies to verify an individual's identity. Multifactor authentication will result in reduced fraud and associated operational losses for organizations, address Federal Financial Institutions Examination Council guidance requirements and provide a more secure operating environment for consumers."   » Continue Reading

• FSTC Completes Check Image Camera Calibration Project
• S1 Enterprise Launches New Trade Finance Solution
• Paymetric Releases Robust New Features For XiBuy™ Purchasing Card Transaction Solution
• Prosper Membership Leaps to 200,000 and Funded Loans Top $40 Million
• AuctionBytes: eBay Requires PayPal for Ticket Sales in Three States
• Pay By Touch Teams with Opticard Payment Services to Expand its Payment Processing Solutions
• Students swiping ID cards offer look at future of vending
• NetDeposit Expands Check Payment Leadership With Remote Deposit Capture Solutions for Businesses of All Sizes
• North American Retailers’ POS Expenditures Expected to Reach $5.8 Billion in 2007
• Argos Selects VeriFone’s PAYware for Secure Frontline Payment Processing
• Huntington Secures Corporate Online Banking with VASCO's Digipass GO3 & VACMAN Controller
• Comerica to Relocate Corporate Headquarters to Dallas