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« January 16, 2006 | Main | January 18, 2006 »

January 17, 2006

Multichannel Merchant: NRF Blog

Tags » Merchants, Payments Blogs

Multichannel Merchant is blogging the National Retail Federation trade show currently underway in New York City.

BillMonk: Social Money

Tags » Finance 2.0, Money Transfer, p2p - Person to Person Payments

BillMonkJohn Cook of the Seattle Post-Intelligencer blogs about BillMonk, his "startup of the week".

BillMonk's initial service, a hybrid of social networking and personal finance, offers the ability to track (via the website or using mobile phone SMS) what the founders call "social money" - informal debts between friends and family.

Technorati Tags:   » Continue Reading

Japan: Big Market For Mobile Phone, Credit Card Linkup

Tags » Mobile Payments

Japan FlagAsahi Omori reports for Kyodo News on predictions that 2006 will be the year when mobile phones and credit cards will be joined together in Japan.   » Continue Reading

UK: Credit Card Spending Declines

Tags » Card Issuers, Credit Cards

UK FlagRupert Jones reports for The Guardian on Visa UK data that shows a drop in credit card spending in the UK during 2005 as consumers appear to be shifting their purchase activity increasingly to debit cards.   » Continue Reading

China: Consumer Credit Database Established

Tags » China, Credit Scores

ChinaPeople's Daily Online reports from China that Chinese banks have completed a database that links up information on consumer credit - "a major move to better manage risks and cultivate a credit culture."   » Continue Reading

Africa: Kenyan Banks Switching To Smart Cards

Tags » Card Technology

Kenya FlagAllAfrica.com reports on plans by card issuing banks in Kenya to switch to smart cards in an effort to control fraud and ease consumer interactions at the point of sale.   » Continue Reading

VIsa Says RBA Interchange Cuts Slow Bank Investment

Tags » Card Technology, Financial Regulators, Interchange Fees, Visa

Australia FlagThe Age reports from Melbourne, Australia on comments by Visa Australia head of public affairs Bruce Meagher that Australia is lagging behind in its implementation of smart cards partially because of the earlier decisions of the Reserve Bank of Australia regarding interchange fees.   » Continue Reading

Visa Europe Payment Volume Up 15% in 2005

Tags » Visa

Peter Thal Larsen reports for FT.com on Visa Europe's growth in 2005.

Western Union Signs Agreement with Grupo Elektra

Tags » First Data Corp., Money Transfer, Western Union

Western Union Financial Services has signed a new, six-year agreement for money transfer services with Grupo Elektra, a leading retailer in Mexico.   » Continue Reading

Western Union Signs Exclusive Agreement with Travelex

Tags » First Data Corp., Money Transfer, Western Union

Western Union Financial Services has announced an exclusive global agreement with Travelex, the world's largest non-bank foreign exchange payments company, whose locations will now only offer the Western Union Money Transfer service.   » Continue Reading

Headline News - Tuesday, January 17, 2006

Tags » Payments News - Headline News

Note: Throughout the day, as Payments News happens, this post is updated.

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