MSNBC reporter Bob Sullivan writes about ecommerce fraud.

Ann All reports in ATM Marketplace on the industry migration to triple DES encryption.

The Federal Financial Institutions Examination Council (FFIEC) has issued revised guidance for examiners, financial institutions, and technology service providers on the risks associated with retail payment systems. The new Retail Payment Systems booklet is available for download.

The BBC reports on RFID-based credit cards including a novel personal identification technique suggested by MIT Professor Ted Selker.

Sasha Talcott profiles Bank of America CEO Ken Lewis in this morning's Boston Globe. A separate column discusses the changes Bank of America is making in the early days following its merger with Fleet.

Anick Jesdanun of the AP reports in the Detroit News on phishing.