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« May 14, 2007 | Main | May 16, 2007 »

May 15, 2007

The Updated Glenbrook Web Site

Tags » Glenbrook

Last week, we "soft launched" the new Glenbrook Partners web site. The new "minimalist" design of glenbrook.com is the first major update to the site since we launched it about five years ago. Learn more about who we are - we'd really welcome your visit!

Chase Launches Chase Rewards Plus

Tags » Card Reward Programs, Chase Card Services

Chase Card Services and Mall Networks have announced the launch of Chase Rewards Plus, calling it "a dynamic shopping program that provides cardmembers with a rewarding online shopping experience. With Chase Rewards Plus, millions of Chase rewards cardmembers will now be able to earn unlimited bonus rewards and take advantage of special offers and discounts while shopping at hundreds of leading online retailers through www.chase.com/rewardsplus."   » Continue Reading

American Express Launches The Members Project

Tags » American Express

American Express has announced what it is calling "a unique online initiative called The Members Project that enables American Express Cardmembers to come together as a community by submitting and sharing their project ideas for making a positive impact in the world."   » Continue Reading

Growth in Internet Banking Outpaces All Other Banking Channels Ever Launched

Tags » Online Banking, TowerGroup

TowerGroup has announced new research finding that the "adoption of online banking by U.S. consumers is going strong, outpacing growth rates for every other method of retail banking delivery" - including everything from ATM to call centers. The firm says that "the long touted promise of online banking is now hitting its stride."   » Continue Reading

Murphy USA Joins Tempo Payment Network

Tags » Tempo Payments

Tempo Payments has announced that "Murphy USA has joined the Tempo Payment Network and is initiating a system-wide implementation of Murphy-branded PIN debit cards at more than 1,000 gas stations, with an initial roll-out to 111 stores in Atlanta, Dallas/Ft. Worth, and Houston." Tempo said that Murphy USA will reward consumers using the card with a one cent per gallon discount at the pump.   » Continue Reading

Javelin Studies Product Marketing Requirements for Mobile Banking

Tags » ClairMail, Javelin Strategy and Research, mFoundry, Mobile Banking

Javelin Strategy & Research has announced new research that it says "uncovers significant product marketing requirements for building banks' consumer usage of mobile services. While consumers are better primed for mobile banking now than they were in 2000, financial institutions (FIs) should not consider the mere availability of mobile banking a guarantee of success. FIs should prepare for measured, rather than widespread and immediate, adoption, even though consumers, handsets and mobile networks have made tremendous advancements."   » Continue Reading

Geezeo Mobile - Access Multiple Bank Balances From Your Mobile Phone

Tags » Mobile Banking, Online Banking

MobileCrunch writes about Geezeo Mobile, a Massachusetts-based startup company that has launched a beta service that enables mobile phone users to register multiple bank accounts and then access account balance information while on the move. A screencast provides the details on the service. A blog post by the company's CTO Theron Parlin addresses questions about the security of the service - noting that they're using CashEdge as their third party information provider.

Joseph Saunders Named Chairman and CEO of Visa Inc.

Tags » Visa, Visa IPO

Visa has announced that Joseph (Joe) W. Saunders has been named Chairman and Chief Executive Officer of Visa Inc. Visa's regional boards of directors unanimously approved Saunders's appointment after an extensive six-month search. Saunders previously had been named the designated Executive Chairman of Visa Inc.'s Board of Directors, a role he assumed in February 2007.   » Continue Reading

PayPal Obtains Bank Charter for European Union

Tags » ECommerce Payments, PayPal

PayPal has announced it has been granted a banking license for the European Union by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, effective July 2, 2007. According to PayPal, "under this new charter, PayPal will be able to continue its European expansion by offering its services to more online merchants across Europe. In addition, PayPal will be moving its European headquarters to Luxembourg."   » Continue Reading

Milestone - Check Image Volume Surpasses Paper Check Volume

Tags » Check Imaging, SVPCO

SVPCO, the check image and paper check business of The Clearing House Payments Company L.L.C., has announced that its average daily check image items and dollar value exceeded its paper check items and dollar value for the first time in its history during April.   » Continue Reading

Headline News - May 15, 2007

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.

Who's News - Payments Professionals Management Changes

Tags » Announce Yourself!

We have received news of the following recent management changes:

  • Kate Lepow has been named director of global payments for Arvato Finance Services based in Mountain View, California. Earlier, Lepow spent nearly 10 years with Apple in various positions, including as director of global payment processing where she was responsible for all commerce areas, including online and iTunes storefronts, and as director of global treasury operations. Lepow holds a master’s degree in business administration and a bachelor of science in commerce, both from Santa Clara University.
Announce yourself! Have you recently taken on a new position in the payments industry? If you'd like to share the news with your colleagues, be sure to tell us about it. Are you looking for a new payments-related job? Or are you needing to find someone great? Checkout the Payments Jobs job board.

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