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January 17, 2008

Glenbrook is Expanding

As Glenbrook's strategy consulting practice continues to grow, we are looking to add to our talent base on the east coast. We're current seeking a payments professional with 5+ years of relevant experience to join our consulting staff as a Senior Associate in the New York metropolitan area. Please see our posting on www.PaymentsJobs.com for the specifics. In particular, we would love to hear from qualified applicants who are already regular readers of Payments News.

NOVA to Sign and Service American Express Merchants

NOVA Information Systems, a wholly owned subsidiary of U.S. Bancorp, and American Express have announced "the signing of an agreement under which NOVA will sign up and service American Express merchants on behalf of American Express. Under the terms of the agreement, NOVA will add American Express® Card acceptance to the payment processing services offered to merchants. NOVA will provide processing, settlement, customer support and reporting to merchants for all major card brands."

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Yahoo! Announces Support for OpenID Digital Identities

Yahoo! has announced "its support for the OpenID 2.0 digital identity framework for all 248 million active registered Yahoo! users worldwide. OpenID, an open framework based on proven Internet technologies, enables users to consolidate their Internet identity, eliminating the need to create separate IDs and logins at all of the various websites, blogs, and profile pages they may visit in the course of their online session. In addition to the many leading Yahoo! services users already enjoy, anyone with a Yahoo! ID will be able to use the same ID for easy access to any sites that support OpenID 2.0."

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Obopay Adds Mobile Payments Support for Blackberry Users

Obopay has announced that it is adding support for BlackBerry smartphones. According to the company, "the new Obopay application for BlackBerry users provides fast, customizable access to Obopay's full suite of mobile payment services."

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JPMorgan Becomes First Bank to Offer Invoice Matching

JPMorgan has announced that it has enhanced its Web-based accounts receivable management application, Receivables Edge, to automatically match open invoice records to bank captured payments and remittance detail, including checks, ACH and wire transfers.

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Goldleaf Financial Solutions Acquires Alogent Corporation

Goldleaf Financial Solutions has announced the acquisition of Atlanta-based Alogent, a provider of enterprise deposit automation technologies for global financial institutions. According to the company, the acquisition "strengthens Goldleaf’s leadership in converging payments, allowing the company to expand market presence, extends its customers base and creates significant cross-selling opportunities. Goldleaf now has 81,000 deposit automation touch points, in addition to more than 25,000 ACH endpoints, which showcases its deep penetration in the financial services market."

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W. Roy Dunbar to Leave MasterCard

MasterCard has announced that "W. Roy Dunbar, 46, President—Global Technology and Operations since 2004, will leave MasterCard Worldwide to become Chief Executive Officer of a company outside the payments industry. Details of his position will be announced shortly by his new company." Rob Reeg, 51, Chief Technology Officer for MasterCard Worldwide, will head the unit on an interim basis.

FSV, MiCash Team to Offer International Money Transfer Service

FSV Payment Systems and MiCash have announced "the general availability of a fully integrated card-to-cash international money transfer functionality on prepaid payroll debit cards offered by FSV. This unique functionality is available currently to MiCash prepaid debit cardholders."

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Headline News - January 17, 2008

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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PAYMENTS NEWS IS PRODUCED BY AND IS A SERVICE MARK OF GLENBROOK PARTNERS, LLC
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