A new survey released by Visa shows "that only 5 percent of adults learned about the vital life skill of money management in elementary or high school -- a surprisingly low number. The Visa survey of 1,000 cardholders also found that less than half of people (48 percent) learned about money management from their parents while 41 percent were self-taught or learned the hard way. "   » Continue Reading

The Google Checkout API Blog has a video interview with Renaud Visage, CTO of Eventbrite, about how he's monetizing a Facebook online events registration application using Google Checkout.

ABI Research has announced results from a study of contactless payments adoption concluding "worldwide demand for contactless hardware, software, and services to support contactless adoption will reach more than $1 billion by 2012, up from just $260 million in 2007." ABI also commented that the success of the upcoming trial of contactless in London "will rest on [the banks' and card associations'] ability to convince both retailers and consumers of the value of contactless payments."   » Continue Reading

Yodlee has announced that "its inter-bank funds transfer solution – Yodlee FundsTransfer – launched in the market just nine months ago, has already moved more than $1 Billion and has initiated over 500,000 transfers."   » Continue Reading

Chordiant Software has announced that it is working with First Data International to "develop a card servicing contact center solution as a service (SaaS) powered by Chordiant for First Data's global issuing customers. The offering will utilize Chordiant's Enterprise Platform, Decision Management Suite and Contact Center Advisor as the basis for this highly scalable, multi-tenant system."   » Continue Reading

Green Dot has announced an agreement with RentPayment, an electronic payments processor in the multifamily industry, that enables customers of RentPayment to have access to convenient cash payment methods using Green Dot's MoneyPak.   » Continue Reading

Ina Steiner takes a look at the recently introduced Amazon's Flexible Payments Service from the standpoint of online sellers - comparing it with PayPal and Google Checkout with respect to how it works for sellers.

Murdo Macleod reports for The Scotsman about a new biometric authentication system from Hitachi that uses finger vein patterns - instead of fingerprints - for consumer authentication at the point of purchase.

• How To Balance Your Checkbook In The Era Of The Debit Card
• Barron's: Ebay: Report Company Mulls IPO For Minority Stake In PayPal
• eBay Requires PayPal in 3 UK Categories 'To Reduce Fraud'
• Now it is Even Easier to Bank from Your Verizon Wireless Phone with Mobile Banking from Bank of America
• M&I Marshall & Ilsley Bank Connects To SVPCO Image Payments Network
• New from Aite Group: Retail Banking Compliance Survey: A Reality Check
• Gift, credit card theft goes high-tech

We have received news of the following recent management changes:

• Gary A. Refinski, 48, has been named Chief Information Officer and Dave Fortney, 43, has been named Chief Technology Officer - both at Metavante.