This weekend's Business Week cover story, "The Best Places To Launch A Career", lists only four payments related companies in the top 25: GE (#8), JP Morgan Chase (#9), Google (#13 - although it's a stretch to call them a payments company just yet!), and Wells Fargo (#23). Curiously, the Office of the Comptroller of the Currency comes in at #48 on the Business Week list - with the following comment included: "Flextime policy allows employees to take every second Friday off by working nine-hour days."

Wachovia has announced a strategic partnership with GE Money - Corporate Payment Services to provide commercial and purchasing cards to its wholesale and treasury services customers. Under the terms of the partnership, Wachovia will sell, underwrite, manage and own the asset portfolio, which will feature MasterCard as its preferred brand. CPS will provide all back-office functions and a rich information- reporting and analytical toolkit that is essential to enhancing companies cash management and procurement capabilities.   » Continue Reading