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« April 23, 2006 | Main | April 25, 2006 »

April 24, 2006

Update: Mobile Payments, Mobile Banking Survey

Tags » Glenbrook, Mobile Banking, Mobile Payments

Yesterday, we announced the first Payments News reader survey on the topic of mobile payments / mobile banking. We've had a tremendous response to the survey in the short time that it's been available online. Read on for some early and interesting "survey exit poll" results!   » Continue Reading

eBay Express Merchants Must Accept PayPal

Tags » Merchants, PayPal

eBay has announced the preview of eBay Express, "a new website found within the eBay marketplace that provides U.S. shoppers an easy way to find new items at fixed prices from qualified eBay merchants." To qualify as an eBay Express merchant, the seller must accept PayPal and have a history of selling successfully on eBay.   » Continue Reading

All You Need: A Pulse And A Social Security Number

Tags » Card Issuers, Cards For Teens, Financial Regulators

Angela Delli Santi reports for the Associated Press on new legislation introduced by New Jersey Sen. Robert Menendez that would "strengthen consumer protections against zealous marketing practices and abuses by credit card companies" who he says will issue credit cards to "anyone with a pulse and a social security number". Read on for the full text of the press release issued by his office on his "Credit Card Bill of Rights".   » Continue Reading

WaMu Promotes Free Outgoing Wire Transfers To Latinos

Tags » Banking Industry, Checking Accounts, Washington Mutual

Washington Mutual is promoting its new free outgoing wire transfers to LA's Latino community. WaMu says it is "making the process of wiring money more affordable by introducing the new WaMu Free Checking account, which offers free foreign and domestic outgoing wire transfers."   » Continue Reading

BB&T's Onsite Deposit Exceeds $1 Billion In Checks Processed

Tags » Checking Accounts, Remote Deposit Capture

BB&T has announced that its OnSite Deposit service has processed more than $1 billion in checks since the image-based service was introduced in March 2005.   » Continue Reading

Yodlee, Corillian Partner For Better Online Authentication

Tags » Authentication, Financial Regulators, Online Banking, Yodlee

Yodlee and Corillian have announced a partnership to ensure support of Yodlee's aggregation-powered financial applications with Corillian's multi-factor authentication solution, Intelligent Authentication.   » Continue Reading

American Express Reports First Quarter Financial Results

Tags » American Express

American Express reported first quarter financial results today that included 16 percent year over year growth in payment volume and a 10 percent growth in cards issued. Amex's average merchant discount rate declined from 2.61% in 1Q05 to 2.58% in 1Q06 while average spending on its proprietary (non-bank partner) cards increased 8 percent year over year.

Cyphermint Launches PayCash Mobile

Tags » Mobile Payments

Cyphermint has announced a new mobile commerce platform called PayCash Mobile.   » Continue Reading

Mobile Commerce Back On The Agenda Again

Tags » Mobile Banking, Mobile Payments

Robert Jaques reports for vnunet.com about the resurgence in interest around mobile commerce and payments as discussed in a recent In-Stat research study.

As a reminder, Payments News is conducting a reader survey of attitudes about Mobile Payments and Mobile Banking. Click here to participate in the Payments News survey.

RSA Security Acquires PassMark Security

Tags » Authentication, Identity Management, Online Banking, Phishing, Security

RSA Security has announced that it has acquired PassMark Security, a privately held company based in Menlo Park, that "delivers robust software-based authentication to millions of users worldwide, through some of the largest consumer-facing financial institutions."   » Continue Reading

A Look Inside MasterCard's Technology And Operations HQ

Tags » MasterCard

Patrick L. Thimangu writes for the St. Louis Business Journal about MasterCard's Global Technology and Operations headquarters in O'Fallon, Mo. being one of the best places to work in the St. Louis area.

Headline News - April 24, 2006

Tags » Payments News - Headline News

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

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