The US Federal Reserve has reported its latest G.19 Consumer Credit statistics - finding that "consumer credit increased at an annual rate of 3/4 percent in January 2009. Revolving credit increased at an annual rate of 1-1/4 percent, and nonrevolving credit increased at an annual rate of 1/2 percent."

Huntington Bank has announced that its customers can now stay on top of their finances with Huntington Text Banking. The bank described it as "a secure, convenient and easy way for Huntington customers to access their bank accounts anytime, anywhere, using a cell phone or mobile device." READ MORE »

CyberSource has announced the appointment of Carl F. Pascarella to the CyberSource Board of Directors, effective March 5, 2009. According to the company, "Mr. Pascarella brings more than 22 years of industry experience to the Board, including serving as President and Chief Executive Officer of Visa U.S.A., Inc. from 1993 to 2005." READ MORE »

• Federal Reserve's January 2009 G.19 report on consumer credit shows jump in spending
• Merchant Advisory on Securitizing the MasterCard Settlement Account Funds
• Amazon Payments Blog: Optimize your osCommerce store with Checkout by Amazon
• TAWPI Blog: The Future of Payments
• San Diego Union-Tribune: Man arrested on suspicion of trying to crack ATM
• USATODAY.com: Credit card firms pay some clients to close their accounts
• The Columbus Dispatch: Credit-card marketing to students in dispute
• TowerGroup Annual Conference: Banks Continue to Disappoint Consumers with Suboptimal Decision Making
• Wells Fargo to Reduce Quarterly Common Stock Dividend
• AP: National gift-card supplier shuts down - CertifiChecks Inc.
• NXP to transfer its Mobile Services Business to Gemalto