Deloitte has posted a new Global Financial Services Industry Outlook (PDF) that explores the world of financial services in 2010. An accompanying 15 minute podcast (MP3) by Jack Ribeiro, Global Managing Partner for Deloitte’s Financial Services Industry practice, is also available online.   » Continue Reading

Glenbrook's Jim Salters shares a perspective on the reality of payments convergence based upon his recent discussions with senior executives from CheckFree and ACI Worldwide.   » Continue Reading

NWP Services Corporation and CheckFree have announced a new resident payment solution, branded as aBreeze, combining NWP's multi-housing billing services capabilities with CheckFree's payment processing expertise to provide residents with a flexible variety of payment options for rent, utilities and other resident fee balances.   » Continue Reading

CyberSource has announced the launch of a new service enabling eCommerce merchants to process electronic payments without the risk of storing or even handling sensitive account information. With CyberSource's Payment Data Management, CyberSource, not the merchant, manages sensitive customer information such as credit card numbers and related transaction data. CyberSource handles and stores all payment data on behalf of the merchant in security-certified processing centers that connect directly with the banking network. As a result, consumer payment information is safer, merchant risk decreases, and merchant compliance with card association security rules can become simpler and faster.   » Continue Reading

Acies Corporation has announced the launch of a month-long national marketing campaign to promote widespread adoption of the latest innovation and convenience in payment processing - contactless transaction technology. During the month of June, Acies is offering retailers the opportunity to participate in a special promotional initiative where retailers will receive free placement of state-of-the-art point of sale equipment, including a state-of-the-art ViVOtech 4000 contactless reader.   » Continue Reading

Thomas Lee of the Minneapolis Star Tribune writes about Target's credit card business which contributed 18.2 percent, or $162 million, of Target's first-quarter earnings before taxes.

John Lofstock writes for Convenience Store Decisions about "gift card malls" - the term used in the industry referring to a designated display of retailer gift cards - enabled by providers including Safeway's Blackhawk Network, InComm and CoinStar EPayment Services. Lofstock reports that Blackhawk is in 38,000 stores nationwide, including Safeway, Wawa, Circle K, Petro-Canada and Chevron.   » Continue Reading

PayFlex Systems USA has selected and completed integration with First Data Healthcare Services. First Data will serve as PayFlex's provider of processing services for its suite of healthcare accounts.   » Continue Reading

TranSend and Aliaswire have announced they will offer Aliaswire's multi-interface bill payment services to all of TranSend's Axcess America cardholder base, enabling universal bill payment capability via voice, wireless, and web channels for the prepaid marketplace.   » Continue Reading

Pay By Touch has introduced what it says is "the industry's first software-only PIN-debit payment service, offered via its ATM Direct division."   » Continue Reading

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• PayPal Reaches Out To Developers
• CBS11 TV Dallas: Using Your Cell Phone To Transfer Cash
• UK: Are banks doing enough to stop online fraud?
• MBNA falls in line with UK watchdog's stipulation on card fees
• UK: Experian product helps banks retain customers
• Experian-Scorex Awarded AIPMM Excellence in Product Management Organization at Annual 2006 Conference
• MagTek’s IntelliStripe 65 Achieves EMVCo Approval
• NOVA Names Hypercom a 'Preferred POS Equipment Provider'; Third Largest Merchant Acquirer Has More Than 800,000 Merchant Locations
• Hypercom Strengthens International Sales and Global Customer Services; O.B. Rawls Promoted to Senior Vice President, International Sales; John H. Andrews Named Senior Vice President, Global Customer Services
• BankServ Announces Automatic Foreign Exchange Conversion Software
• Striata Goes Live With Hawaii's First Secure Email Invoice Presentment & Payment Biller
• UK: Cashing in on e-gift cards
• Case Study: Chelsea Football Club - Chip & PIN For Payment Solutions
• SAS Helps Wachovia Grow Customer Satisfaction and Loyalty
• UPEK Joins Initiative for Open Authentication (OATH) as Coordinating Member