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« June 27, 2006 | Main | June 29, 2006 »

June 28, 2006

Bank of America Offers First American Express Card

Tags » American Express, Bank of America

Jonathan Stempel reports for Reuters on Bank of America's launch this Friday of its first American Express-branded cards. Tonight, the Bank of America home page features an image of the new MBNA Rewards American Express card along with a link to the online application page.

Fortent Combines Searchspace, Semagix

Tags » Anti-Money Laundering, Authentication, Banking Industry, Identity Management, Know Your Customer

Fortent, a company created specifically to deliver a comprehensive suite of risk and compliance solutions to financial institutions worldwide, was launched today. Fortent combines Searchspace, a leading anti-money laundering solution, and Semagix, a pioneering Know Your Customer and Enhanced Due Diligence product, into a single brand.   » Continue Reading

Majority of Data Thefts From Careless Mistakes By Employees

Tags » Data Security

Palisade Systems has announced that a year to date audit of data theft cases it conducted found that employees represent the largest and costliest threat to organizations that store, send or access consumers' personally identifiable information such as Social Security Numbers, bank account numbers, healthcare records, etc.   » Continue Reading

China's SmartPay Launches 'Lottery in Your Palm'

Tags » China, Mobile Payments, Smartpay

SmartPay along with partners China Unicom Guangdong and Guangdong Kingold Telecommunications have announced the launch of ''Lottery in your Palm'', a jointly developed mobile lottery service for consumers which allows for purchase, payment, prize award announcements, and award information.   » Continue Reading

PayPal's Virtual Debit Card

Tags » MasterCard, PayPal

In an article mostly about Google's rumored launch of a payment service, Business Week's Robert Hof also mentions that next month PayPal will begin testing a "virtual debit card" for use on web sites that don't accept PayPal directly. According to Hof, using a small toolbar downloaded to their browser, PayPal users will be able to get a one time-use MasterCard card number linked to their PayPal account.

MasterCard Unveils New Corporate Name and Brand Identity

Tags » MasterCard

MasterCard WorldwideMasterCard has announced that its principal operating subsidiary, MasterCard International, is introducing a new corporate name, MasterCard Worldwide. The company has also unveiled a new corporate signature and a new corporate tagline, The Heart of Commerce, "to reflect the company's globally integrated structure and its strategic vision of advancing commerce worldwide."   » Continue Reading

eBay Could Ban Google's GBuy As Payment Method

Tags » Google Checkout

Ina Steiner reports for AucitonBytes.com on eBay's Safe Payments Policy introduced last October and speculates that it seems unlikely that eBay would allow its sellers to advertise any new Google payment service in their eBay listings - at least initially.

Headline News - June 28, 2006

Tags » Payments News - Headline News

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

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