NetSpend has announced it has entered into an agreement with Procesa International to offer NetSpend customers the ability to pay bills or load minutes to cell phones for friends or family members living in Mexico, Central or South America.   » Continue Reading

As covered by the Washington Post on Saturday, the Government Accountability Office has released a new report titled "Bank Fees - Federal Banking Regulators Could Ensure That Consumers Have Required Disclosure Documents Prior to Opening Checking or Savings Accounts" . The study had been requested by Rep. Carolyn B. Maloney, Chairwoman of the Subcommittee on Financial Institutions and Consumer Credit in the US House of Representatives.

MasterCard Europe has announced it has "applied to the European Court of First Instance to annul the European Commission's decision on MasterCard Europe's cross-border interchange fees, and said it believes it has strong grounds for its request. The December 19, 2007 decision requires the company, among other things, to repeal its intra- EEA fallback interchange fees by June 21st."   » Continue Reading

99Bill Corporation has upgraded its mobile payment service to enable mobile users in China to conduct transactions over mobile phones. According to the company, "the upgraded service is set to make the adoption of the mobile payment easier for both the end consumers as well as for the merchants."   » Continue Reading

• The 41st Parameter Highlights Leading Internet Fraud Management Solutions as a Sponsor of The Merchant Risk Council's 2008 Conference
• AccertifyTM and ID Insight Partner to Help Online Merchants Detect Identity Theft and Reduce Credit Card Fraud
• Experian's Collection Triggers(SM) Drives Successful Collections for First American Investment Company
• 2Checkout.com Signs With Merchant e-Solutions for Global Payment Processing
• CyberSource Brings New Levels of Automation to Online Fraud Control
• Provident Credit Union to Convert to Online Resources’ Full Suite
• Campus Federal Credit Union Selects Extractable to Optimize the Online Web Branch Experience
• Digital Check Introduces Financing Tools to Accelerate Remote Deposit Capture Adoption
• Debit Cards in Use to Reach 5.2 Billion By 2012, According to New Report by Global Industry Analysts, Inc.
• Four Credit Unions Select IMM’s Teller Item Capture
• Credit Unions Pursue uMonitor for Online Account Opening and Funding Services
• Wescom Selects SAS to Improve Credit Risk Management
• Innovation Never Stops as Open Solutions Launches DNA Platform
• Bottomline Technologies to Acquire Optio Software
• New Aite Group Report: Small-Business Adoption of Remote Deposit
• Australia: NAB, Telstra in mobile services
• Merchant e-Solutions Secures The 41st Parameter to Thwart Online Fraud
• New York Times: Diebold Receives a Takeover Offer from United Technologies
• Seattle Times: Consumers fight rising use of hidden fees

We have received news of the following recent management changes:

• Scott A. Young has been named General Manager, Partnerships, for Barclaycard US. Young joins Barclaycard US from GE Consumer Finance were he most recently served as president and chief executive officer of its Personal Finance business.