Capital One has reported financial results for the fourth quarter of 2008. In Capital One's US Card business, purchase volume in the fourth quarter declined over 10% vs. 4Q2007 and was down 5% from the third quarter of 2008. Chargeoffs on the US Card business increased from 4.84% to 7.08% between 4Q2007 and 4Q2008.

We've just updated our schedule of payments education courses offered through May 2009. Included are two Glenbrook Payments Boot Camp sessions - one in New York City in March and a second in the San Francisco Bay Area in May. We'll also be holding two workshops on Emerging Payments - one in the San Francisco area and a second in New York. A new workshop on Web 2.0 in Financial Services will be held in San Francisco in March and a workshop on Business to Business Payments will be held in New York in May.

You can find the complete schedule here - registration for all of these sessions is now open. We also updated the downloadable agendas for each of these classes.

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