On Thursday, May 31, MasterCard's Investment Community Day presentations begin at 9 AM Eastern time. The event is scheduled to run for 3 hours and 45 minutes. A replay is to be available after the event.

Transcepta has announced an Internet-based electronic invoicing community that brings trading partners together – a place where buyers and vendors find common ground to process invoices free from the everyday constraints of paper and rigid computing systems.   » Continue Reading

Bonna De La Cruz writes for the Gannett News Service about the cashless, contactless society ahead - asking "what's the fate of the Salvation Army's familiar red kettles and the tip jars that performers depend on?"

Unisys has announced it will design and help implement a new electronic check and image processing system in a consulting, software and hardware agreement with the Federal Reserve Bank of Cleveland, acting on behalf of the 12 Federal Reserve Banks.   » Continue Reading

• MBNA Canada Bank to Acquire CUETS
• ACH Direct Provides “One-Click” Transaction Automation Through New QuickBooks Interface
• VeriFone Systems Approved for Rollout of NYC Taxi Customer Controlled Payment
• SunTrust Study Finds Growing Business Owners' Most Critical Issue is Leveraging Themselves
• CheckFree Joins Silver Bullet's "Easy License" Ranger Reseller Program
• Verizon Wireless Customers Now Have the Freedom to Make Walk-In Payments and Add Minutes at CheckFreePay(TM) Locations Nationwide
• Capital One's Gregor Bailar Announces Plans to Step Down as CIO
• WaMu Free Checking® is #1 Online, According to comScore Inc.

We have received news of the following recent management changes:

• Steve Hawco has joined the Board of Directors of MODASolutions. Hawco is former Vice President of the LEGO Group and current Senior Vice President of eCommerce for Group RCI, a Wyndham Worldwide Company which provides non-hotel leisure accommodations.