We met recently with Jorge Fernandes, co-founder, president and CEO of MobiBucks, a Santa Clara, California-based mobile payments startup. Jorge earlier was the founding CEO of ViVOtech, one of the leading companies in the contactless payments market. Since leaving ViVOtech about two years ago, he has been focused on enabling mobile payments - more specifically, enabling easy mobile payments. We first covered MobiBucks here on Payments News back in April.   » Continue Reading

Paul Wenske writes for the Kansas CIty Star about a Capital One customer's recent experience having the interest rate on her No Hassle Miles Card increased from 9.99% to 15.9%. Wenske concludes: "She plans to collect her awards and drop her Capital One card. Too much hassle."