Last week, Glenbrook's Allen Weinberg attended the Electronic Transaction Association's annual meeting in Las Vegas and, among all of the usual convention floor exhibits, one new company struck his fancy: SellitSAFE. Read Allen's commentary on the company.   » Continue Reading

We've just opened a new survey for Payments News readers focusing on mobile payments and mobile banking. We're asking you to respond from two points of view: first, as a consumer yourself and, second, as a payments professional. As always, we'll be sharing results from the survey here in future articles on Payments News.

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On Thursday, First Data Corp. reported financial results for the first quarter. A replay of the conference call held by management is available through this Friday on the FDC site. The Seeking Alpha blog has posted a transcript of the call that makes for interesting reading.

Kyodo News reports that Intel has invested 5 billion yen (about $42 Million) into Japan's BitWallet, provider of the Felica-based Edy electronic money service.   » Continue Reading

Reuters reports from China on comments by Citigroup's China chief, Richard Stanley, that the "lessons Citi learned from a credit card boom that turned to bust in South Korea will be invaluable as China learns to love plastic money."   » Continue Reading

Jolayne Houtz writes for the Seattle Times about the use of credit cards by high school teens.   » Continue Reading

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