Tags » Credit Cards, Revolution Money
Jaikumar Vijayan writes for ComputerWorld about GratisCard - saying that "when the company launches on April 1, it plans to introduce the nation's first completely anonymous credit card with no name or number and no physical data stored on the card itself."
Tags » Financial Regulators, Privacy
Eight federal regulators have released a notice of proposed rulemaking (NPR) requesting comment on a model privacy form that financial institutions can use for their privacy notices to consumers required by the Gramm-Leach-Bliley Act (GLB Act).
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Tags » Consumer Lending, Mobile Banking
This morning's NPR Morning Edition radio show included a segment titled "Cell Phone Loans Might Be Too Easy" - describing the market in Finland for taking out consumer loans via SMS messages from your mobile phone. "Nearly 20 companies have begun offering these loans since the business started in Finland two years ago."
Tags » Card Technology, Contactless Payments, First Data Corp., Mobile Payments, Patents
First Data Corp and PrivaSys have announced a "long-term licensing agreement that sets the stage for First Data to become a clear leader in the processing of contactless and other emerging payments for its clients - both financial institutions and merchants - around the world."
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Tags » Payments News - Headline News
Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers looking to hire payments professionals can post their job openings there as well.