Virginia-based Cardinal Bank has announced “Go Cardinal”, a free mobile banking service that allows customers to use their cell phones and smartphones to access their accounts. According to Cardinal, consumers will be able to check balances, pay bills, transfer money, look up interest rates, locate a Cardinal Banking Center or ATM.

U.S. Bank has announced it has made an equity investment in InstaMed, a real-time gateway and processor of healthcare and payment transactions. The two companies say they have been working together in a strategic partnership for nearly a year, and have already processed tens of millions of dollars on the InstaMed Platform for various hospitals, healthcare providers, billing services, vendors and payers.

Retail Expansion Network has announced that more than 200 Internet retailers have added PaidByCash to their sites, enabling consumers to use cash to make purchases online by obtaining a virtual prepaid MasterCard card account. The new service was launched in the United States two months ago with the PaidByCash Virtual Prepaid MasterCard account issued by First Bank of Delaware.

AOC Solutions has announced that "Commerce Bank has selected its Encompass technology to meet the unique needs of the bank’s Purchase, Fleet and Travel Card customers. Encompass is redefining the commercial card market and offering businesses more ways to integrate card payments into their purchasing and payables systems."

JPMorgan Chase Commercial Card Solutions sent along the following article about how to take full advantage of purchasing card programs. "Companies around the world have implemented purchasing card programs to help reduce processing fees and simplify the way they do business. But once a PCard program is in place, what can a company do to increase volume and further drive efficiencies and savings? Jim Nelson, Senior Product Consulting Manager for JPMorgan Chase Commercial Card Solutions, recently sat down with purchasing card coordinators from three very diverse industries to learn what tactics users are taking to increase their PCard volume and adoption rate."

Copies of the presentations made at the recent Authentication and Online Trust Summit 2007 are available online. Included is a presentation on Ecommerce and Online Banking Fraud (PDF) presented by Karim Noorali, Sr. Product Manager, eBay, Victor Talamo, VP & Director Risk Management, JPMorganChase and Marcelo Camara Banco Bradesco Febraban - Brazilian Banking Organization.

Chase Paymentech has announced a "major expansion of its European operation, with the appointment of Shane Fitzpatrick as managing director, European Union, effective immediately. This position reports directly to Mike Duffy, president and chief executive officer, Chase Paymentech."

David Barboza reports for the New York Times on plans by Alibaba to go public sometime later this year.

• Federal Reserve Bank of Chicago, Visa Convene National Summit on Financial Education
• AP: VeriSign to Offer Passwords on Bank Card

We have received news of the following recent management changes:

• Phil Valvardi, former President of MAC Network, has been named Chief Development Officer at FreedomPay.