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

September 15, 2007

Employers Can Legally Refuse to Hire Applicants with Low Credit Scores

Tags » Credit Scores, Visa

Visa USA has published results of a new survey that shows that "the vast majority of Americans do not know that a bad credit score is more than just a barrier to getting a loan - it may also keep you from getting the job you want." According to the survey, "only 20 percent of Americans know that it is legal for employers to refuse to hire job applicants with low credit scores. Fully 52 percent of Americans mistakenly believe it is illegal for prospective employers to use credit scores as a hiring criteria and another 28 percent of survey respondents are unsure."   » Continue Reading

iBazaar - a Marketplace Application using Amazon's FPS

Tags » Amazon Flexible Payments Service

Amazon Web Services has published a sample application called iBazaar that shows developers how build a marketplace application using Amazon Flexible Payments Service that enables movement of money between two third parties and how the developer can take a portion of each transaction in exchange for providing the marketplace.

UK Papers Explore Contactless Payments as First Cards Issued

Tags » APACS, Barclays, Contactless Payments, MasterCard, Transit Payments, Visa

In an article titled 'New card is small change", Jill Papworth reports for The Guardian about Barclaycard's new OnePulse "touch and pay" card that also includes Oyster capability for paying on Transport for London's services. She writes "the all-in-one card will allow Londoners to buy newspapers and coffee, then jump on the tube without ever using cash."

In a longer article titled "The plastic replacement for your loose change", James Charles writes for The Times about the new contactless technology. He notes that "by the end of next year Apacs, the UK payments association, expects five million contactless cards to have been issued in the UK."

Headline News - September 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.

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