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February 14, 2006

New Features: Enhanced Searches On Payments News

We're very pleased to introduce two new enhancements to the search features available here on Payments News that are designed to help you quickly find the relevant content you're looking for. Read on for the details.

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Microsoft: Fostering A Trust Ecosystem Online

Microsoft's Bill Gates keynoted today's RSA Conference by focusing on Microsoft's vision for a more secure online future. Included in that future is a "trust ecosystem" that engenders trust and accountability between people and businesses online.

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Ask Glenbrook: Learning the Basics About Credit Cards

We received the following Ask Glenbrook question earlier today:

"I am wondering what is the best source to explain how credit card transactions work -- i.e. the various steps, the various parties involved, timing of the steps, costs etc. Thank you"

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Bank of America Says Keep The Float

Bruce Mohl reports for the Boston Globe on a change made by Bank of America over the weekend that allows customers to continue to earn interest on their money until bill payments are delivered rather than from when a bill payment has been initiated.

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Update On Debit Card Fraud

David Lazarus of the San Francisco Chronicle updates last week's story about debit card fraud stemming from a data security breach at a retailer. In this morning's report, Lazarus identifies a major retailer who has been confirmed by his banking and law enforcement sources as the retailer where the data security breach occurred - although the retailer has so far not confirmed anything about the breach.

More on Discover Signature Debit Card

David Enrich reports for the Wall St. Journal on yesterday's announcement by Discover of a new signature Discover Debit Card. Becky Yerak reports for the Chicago Tribune. Mary Wisniewski reports for the Chicago Sun-Times.

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Microsoft Pushes InfoCard For Secure Online ID

Todd Bishop reports for the Seattle Post-Intelligencer on Microsoft's InfoCard identity management initiative. Microsoft's Bill Gates is expected to talk more about InfoCard during a keynote speech he's giving today at the RSA Conference in San Jose, CA.

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Headline News - Tuesday, February 14, 2006

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

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