RocketBux has announced an agreement with nFinanSe to provide coupons and offers to nFinanSe cardholders’ mobile phones. According to the two companies, "the partnership will leverage RocketBux’ patent-pending technology to deliver scannable bar code coupons to “opted-in” nFinanSe cardholders who simply swipe their card at a retailer’s POS." READ MORE »

KORE Telematics, a digital wireless services provider specializing in machine-to-machine (M2M) communications, has announced it has teamed with Blue Bamboo to help power electronic payments using the H50 Terminal, a new entry in the wireless point-of-sale (POS) marketplace. READ MORE »

Merchants with existing plastic gift card programs can now take advantage of Mocapay's recently launched mobile gift card iPhone application, available on iTunes. READ MORE »

In a story titled "Beyond Rate Hikes: How New Law Reshuffles Cards", Maria Aspan writes for the American Banker about how credit card issuers are adjusting to the "new reality" following the signing of The Credit CARD Act of 2009 last week.

After reaching its highest level in 14 months, the economic confidence among small business owners fell in May as owners reported cash flow concerns and expect to cut back on business development spending, according to the latest Discover Small Business Watch. The monthly index dropped more than 10 points to 78.1, down from 88.5 in April. READ MORE »

Despite the general downturn in the banking industry, new research from TowerGroup finds that 2009 will be a pivotal year for mobile banking as it turns from a niche channel to a mainstream channel for consumer banking. TowerGroup estimates that mobile banking usage will grow from 10 million active users in 2009 to over 53 million active users in 2013, representing a compound annual growth rate of 51.8%. READ MORE »

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