Citi has announced that it will begin piloting a new mobile peer to peer payment service with Obopay to select new and existing Citi customers as part of a limited consumer trial in Boston and Chicago.

Capital One and Yahoo! Shopping have announced a partnership "creating the Capital One Saving Zone, a portal on Yahoo! Shopping that offers exclusive deals on select merchandise to Capital One cardholders. At the Saving Zone, Capital One cardholders can receive up to a 40 percent savings on already discounted items, as well as an additional 10 percent off everything they purchase on the site using their Capital One credit card."

Online Resources Corporation has announced a definitive agreement to acquire Internet Transaction Solutions, a biller service provider (BSP) to receivables management companies and utilities.

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