Tampa's Fox 13 TV has a video story about the new Revolution Card from Revolution Money. The video emphasizes the lower cost of Revolution Card acceptance for merchants vs. Visa, MasterCard, etc.

Aite Group has published a new report titled "Mobile Banking Security: The Black Cloud Attached to the Silver Lining" that it says "investigates security vulnerabilities for mobile banking, both now and in the near future, focusing on the methods that are being deployed to mitigate risk over this emerging channel."   » Continue Reading

Ross Kerber reports for the Boston Globe that recent court filings by a group of banks suing TJX over its breach of payment card data say that about 65 million Visa account numbers and about 29 million MasterCard account numbers were compromised. Fraud losses were estimated to range between $68 million and $83 million.

mFoundry has announced completion of a $15 million Series C round of financing led by Motorola Ventures, the strategic venture capital arm of Motorola, Inc. PayPal, NCR Corporation and a "leading wireless operator" also joined the round along with existing investors.   » Continue Reading

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