In an article titled "A Run on Your Money?", Daniel Gross writes for Newsweek about the Federal Deposit Insurance Corporation (FDIC) and its current chairman, Sheila Bair. He reports that "ninety banks are on the FDIC's problem list."

In an article titled "The College Credit-Card Hustle", Jessica Silver-Greenberg and Ben Elgin write for Business Week about how universities and alumni associations "are selling students' personal information to big credit-card companies eager for young customers."

In an article titled "Start-up pushes for mobile banking among poor in Latin America", Matt Hamblen writes for Computerworld about Diemo, a start-up company that is launching mobile banking in August with GSM network provider Digitel in Venezuela.

Obopay has notified its users that, effective August 7, the transaction fee charged for sending money will change from $0.10 to $0.25. In addition, the instant bank transfer feature is being disabled. The changes are included in new terms and conditions that become effective August 7.

[Update - July 23, 2008: In an earlier edition of this post, we had incorrectly stated that the instant bank transfer feature being disabled had been announced in March - that was incorrect. The features announced on March 18 remain part of Obopay's service.]

• Veracity Payment Solutions Announces Alliance with PinnaclePay Merchant Services
• The Garland Group: Banktastic.com Begins Partnership with Texas Bankers Association
• Minneapolis/St.Paul Business Journal: Digital River tries again on 'real' goods

We have received news of the following recent management changes:

• Jane Keller has been named Vice President - Strategy for the Electronic Payments Division at PurePay. Keller previously was with Electronic Clearing House, Inc. and the Executive Director of the National Check Network.