Data breaches disclosed by Hannaford Bros Supermarket Chain, GE Money, and Georgetown University are just some of the 167 breaches reported during the first quarter of 2008, according to the non-profit Identity Theft Resource Center (ITRC). This is more than double the first quarter in 2007 (76 breaches).   » Continue Reading

Jack Henry & Associates has announced that its Remote Deposit Capture solution has now been selected by 720 financial institutions. According to the company, the RDS solution, which enables commercial customers to scan, submit, and deposit checks electronically without leaving their place of business, has been implemented in 622 of these institutions and by approximately 11,000 merchants.   » Continue Reading

Discover reports that the Discover U.S. Spending Monitor reached a new low in March as consumers grew even more concerned about the economy and their personal finances in the face of rising monthly expenses. The March Monitor fell to 85.1, down more than a full point from the previous month and lower by 11 points than just six months ago.   » Continue Reading

Citibank has announced that it will make Obopay’s mobile person-to-person payment service available to Citibank checking account customers on a trial basis. Citibank says it is the first U.S. retail bank to trial an integrated mobile payment service.   » Continue Reading

Amazon.com has launched Amazon TextBuyIt, a new service that lets customers use text messages to find and buy products sold on Amazon.com. 'With the addition of TextBuyIt to Amazon's existing mobile offering, including its mobile site and mobile iPhone site, customers can now shop, compare prices, and buy from Amazon.com virtually anywhere they are, with any mobile device, using either text messages or their mobile device's web browser.'   » Continue Reading

The MasterCard Foundation has announced the appointment of Reeta Roy as president and chief executive officer. 'The mission of the MasterCard Foundation, which has an endowment of more than $2 billion, is to broaden access to the global economy through innovative microfinance programs and to increase access to quality educational opportunities for youth worldwide.'   » Continue Reading

Naguib Sawiris, CEO of Orascom Telecom, Christina Gold, CEO of Western Union, Hans Wijayasuriya, Group CEO of Dialog Telekom, Rizza Maniego-Eala, President of Globe Telecom's G-Xchange, and Dr. Tarek Mohamed Kamel, Egypt's Minister of Communications and Information Technology, will be among the speakers at the GSMA's Mobile Money Summit in Cairo, Egypt on May 14th and May 15th. The GSMA is hosting the event in partnership with IFC (International Finance Corporation), which is part of the World Bank, the Consultative Group to Assist the Poor, a global resource for microfinance, and the U.K. Government's Department for International Development.   » Continue Reading

• New VeriSign(R) Identity Protection (VIP) Network Members to Receive Free Credentials
• Pegasystems’ New Solution for Managing Fraud Reduces Costs, Increases Transparency and Decreases Risk across the Enterprise
• Fair Isaac and Adeptra Partner to Help Lenders Fight Fraud Faster and Improve Collections Services
• AP: Verifone CFO Quits Amid Accounting Woes
• Wired: Microsoft Promises Not to Hoard Crypto-Based ID Protection
• Reuters: Visa EU says its transaction fees fully justified
• Buy.com and ChannelAdvisor Announce Strategic Alliance