JupiterResearch has announced a new report titled "Payment Preferences Online: Managing the Generation Gap Between Mature and Young Adults" that found that younger consumers (those under 35 years of age) are evolving very different payment and content consumption habits from adults over 35. In particular, "JupiterResearch found that younger adults are driving much of the usage of PayPal and debit cards for online purchases, product preferences which are helping to drive the marked differences in payment habits that exist between younger adults and baby boomers."   » Continue Reading

Telsecure Group has announced securePay, calling it "a new transaction security system to foil internet, mail and telephone card fraud." Telsecure says it is partnering with Sybase365 and Ingenico.   » Continue Reading

Paul Craig writes for The News-Review from Roseburg, Oregon about how "a check won’t buy a Big Mac. It can’t necessarily be used to purchase a bagel, either." He also reports that "paying with cards is not only faster than writing a check, it actually leads to quicker service than using cash, since all a teller has to do is scan the card."

Seeking Alpha posts an article reviewing the latest SEC 10-12B/A filing re: Morgan Stanley's plan to spinout its Discover Financial Services unit later this year.

EverBank has announced it will acquire NetBank's direct banking and small business financing divisions and mortgage servicing portfolio - a transaction that will increase Everbank's assets to approximately $7 billion, its deposits to approximately $6 billion, and its customer base to over 550,000.   » Continue Reading

Julie Creswell writes for the New York Times about three women and how unusual property transactions in their Atlanta neighborhood caused them to focus on the problem of mortage fraud.

• GE Money Expands Lowe’s Credit Card Partnership Through 2016
• CreditCards.com to Feature Credit Card Search Engine and Rate Table on Kiplinger.com
• MODASolutions Takes Cash Payments to New Levels with Introduction of eBillme
• Branded Gift Cards Turn New Graduates’ Wish Lists Into Reality
• Texarkana Gazette: Card case: What if you just want a soda?
• Indianapolis Star: Merchants, pay attention to rising credit-card fees
• Computerworld: Encryption: Do It Today or Pay Tomorrow