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« November 4, 2007 | Main | November 6, 2007 »

November 05, 2007

Industry Leaders Announce Android Open Platform for Mobile Devices

Tags » Mobile Banking, Mobile Payments

In news that could affect the evolution of mobile banking and mobile payments, a broad alliance of leading technology and wireless companies have announced they have joined forces to develop Android - calling it "the first truly open and comprehensive platform for mobile devices." Google, T-Mobile, HTC, Qualcomm, Motorola and others have collaborated on the development of Android through the Open Handset Alliance, a multinational alliance of technology and mobile industry leaders.   » Continue Reading

Crutchfield Now Accepts Bill Me Later

Tags » Bill Me Later, ECommerce Payments, Merchants

CardinalCommerce and Bill Me Later have announced that consumer electronics retailer Crutchfield Corporation has deployed the Bill Me Later payment option. According to the companies: "since it rolled out Bill Me Later in its call center and on its web site, approximately 40 percent of Crutchfield’s Bill Me Later sales come through the Bill Me Later Network and nearly 60 percent of those Bill Me Later users are new customers for the retailer."   » Continue Reading

Blackhawk Network Named Gift Card Partner of National Football League

Tags » Blackhawk Network, Gift Cards, Prepaid Cards and Stored Value Cards

Blackhawk Network has announced it is teaming with the National Football League (NFL) as the NFL's gift card partner.   » Continue Reading

Scotiabank Participates in Canadian EMV Chip Card Trial

Tags » Canada, Card Technology, Chip and PIN

Scotiabank has announced it will be participating in a Canadian payment industry trial of EMV chip technology in Kitchener-Waterloo, Ontario.   » Continue Reading

2007 US Merchant Processing Pricing Benchmark Study

Tags » Merchant Acquirers, Strawhecker Group

The Strawhecker Group has announced the availability of its fourth annual 2007 US Merchant Processing Pricing Benchmark Study prepared by surveying the merchant acquiring industry to determine the prevailing line item pricing rates for high volume merchant processing.   » Continue Reading

Mobile Payment Forum of India Seeks Input on Global Learnings

Tags » India, Mobile Banking

Sanjay Bhargava writes from India: "I am heading a business model sub committee of the Mobile Payment Forum of India. Our report is due Jan 31, 2008. One section of the report is called Global Learnings and the secretary Dr. Mahil Carr who is part of IDRBT (a research institution set up by the Central Bank in India - RBI) is working on this. This is to request any of you who have inputs, case studies, reports etc. that maybe useful to Dr. Carr to send them to him at: mahilcarr@idrbt.ac.in. Here is your chance to influence thinking in India."

APACS Provides Quarterly Statistical Update on UK Payments

Tags » APACS, Credit Cards, Debit Cards, UK

APACS has released its latest quarterly statistical summary icon_PDF_small.gif on UK payments. Among the statistics reported, debit cards continued to grow in usage representing 71.7% of all plastic card purchases in the UK, up from 70.1% last year. Outstanding credit card balances in the UK have declined by £1.4 billion over the last year to £32.2 billion.

India's mChek Introduces Mobile Payments for eCommerce

Tags » ECommerce Payments, India, mChek, Mobile Payments

EFYtimes.com reports on mChek's introduction of the mChek mobile payments solution for ecommerce merchants.   » Continue Reading

MasterCard Announces Organizational Realignment

Tags » MasterCard

MasterCard has announced an organizational realignment it says is "designed to improve performance in the marketplace by broadening executive responsibilities, hiring a new senior executive and beginning the transition process for the retirement of its Chief Operating Officer, Alan J. Heuer, at the end of 2008."   » Continue Reading

Headline News - November 5, 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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