Visa has announced the availability of the Visa Contactless Mini Card intended to be issued as a complementary card to a Visa credit or debit card.   » Continue Reading

Experian has announced the launch of Credit Migration Solutions providing credit grantors a new solution that analyzes the credit behavior of customers and prospects to make acquisition, portfolio management and collections decisions.   » Continue Reading

MasterCard has filed its 10-K for 2005 with the SEC.

NACHA has posted a white paper titled "Beyond Credit Push" (PDF) that describes the strategy and rationale behind its announcement yesterday of to pilot a process that enables consumers to make payments and transfer funds between accounts after logging in to their banks’ online banking programs.   » Continue Reading

Digital Transactions provides more details about NACHA's announcement yesterday that it would soon begin piloting a new application to allow consumers to make payments and transfer funds between accounts after logging in to their banks’ online banking programs and compensate banks via an interchange fee for providing the service.

Mercator Advisory Group has announced a new report titled "Contactless Emerges As A Viable Smart Card Platform" by principal analyst Melanie Broad.   » Continue Reading

Reuters is reporting that U.S. Treasury officials are "planning a crackdown on so-called prepaid cards" to help safeguard the financial system from a surge in money laundering and other crimes including terrorist financing.   » Continue Reading

Garance Burke reports for the AP on the steps banks are taking to address the needs of Latino immigrants to the US.   » Continue Reading

Jennifer Meyer writes for the La Vista, Nebraska Sun about PayPal's construction of a new 250,000 square foot building in La Vista that will add 600 new jobs by the end of the year.   » Continue Reading

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

• Newsweek's Brad Stone: Credit Freeze - TrustedID
• First Data's TeleCheck Acquires ClearCheck Services; TeleCheck Bolsters Position As Leader In Check Collections
• CNET: Your secret PIN may not be so secret
• WSJ: Google Expands Number of Sellers Eligible for Online Payment Service
• Cleveland, Ohio Plain-Dealer: Visa, MasterCard excused from rules for gift card fees
• Mitsubishi UFJ, Visa International, others in phone-based services venture
• Handset Proximity Payments still have Hurdles to Overcome Before they can become a Mass Market Reality
• Spear phishing: Don't be a target
• Curbing credit card debt could hurt banks: Taiwan Ratings
• Bango Gives Automatic Access To Uk's New Mobile Billing Standard X-Pay
• VeriFone Opens International Headquarters in Singapore; New Operation Is Center of Global Supply Chain Management
• Guardian UK: Survey eases fears of 'debt meltdown'
• UK: Consumers give nod of acceptance to biometrics
• PC Magazine: Credit Card Security Issues Rise to a Boil
• Australia: Credit card spending wanes
• ExxonMobil Introduces Instant Activation Program for its Speedpass Electronic Payment System; Hand Held Computer Allows Exxon and Mobil Retailers to Enroll Customers On-Site in About Two Minutes
• Digital Insight to Provide Multifactor Authentication Kit, Insights on Secure Online Banking at National Conference