Tags » Authentication, Glenbrook
Glenbrook's Linda Elliott is attending this week's Digital Identity World conference in San Francisco. She's filed her first report from this morning's discussions and observations in her post titled "Doc Searls Provides a new ‘Clue’ for the Identity World"
Tags » Bank Technology, PayPal
Phil Hochmuth writes for Network World about PayPal CTO Scott Thompson and his experience leaving the big IBM and Sun iron at Visa and moving to PayPal a couple of years ago where he found thousands of Linux-based, single-rack-unit servers. Thompson now says that there's no other way to do it given "the economic, operational and development advantages of open source and Linux technology."
Tags » Data Security, Merchants, PCI Compliance
In an article titled 'Guide to passing PCI's five toughest requirements" on SearchSecurity, Craig Norris writes about some survey results from VeriSign that identify the toughest requirements of the PCI-DSS standard for organizations to comply with.
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Tags » ACH, Commercial Payments, Credit Cards
Naureen Malik writes for the Wall St. Journal about how TicketNetwork migrated away from billing its customers via credit card to using the ACH instead - saving money in the process and reducing customer service hassles and costs associated with dealing with expiring card account numbers, etc. The company still accepts credit cards for dealing with individuals.
Tags » ClairMail, Mobile Banking
VeriSign has announced that it will "integrate ClairMail's secure 2-way mobile customer interaction platform and applications with the VeriSign Mobile Banking Solution" as part of a global technology solution alliance between the two companies.
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Tags » Discover, Merchant Acquirers, Wells Fargo
Wells Fargo Merchant Services LLC and Discover Financial Services have announced "an agreement to offer full-service processing for all Discover transactions through Wells Fargo Merchant Services LLC. Under the agreement, Wells Fargo Merchant Services LLC customers will now enjoy seamless card payment processing for a broader range of payment options at the point of sale."
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Tags » Checking Accounts, Debit Cards, Overdraft Fees
In a new report titled "Billion Dollar Deal", the Center for Responsible Lending says that "millions of college students and other young adults aged 18 to 24 have become unwitting participants in overdraft loans that cost them nearly $1 billion a year in fees."
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Tags » Payments News - Headline News
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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.