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« February 14, 2007 | Main | February 16, 2007 »

February 15, 2007

What Americans Pay For - and How

Tags » Bill Payment

The Pew Research Center has published a report on "What Americans Pay For - and How" (PDF) - concluding that nearly three-in-ten adults (28%) say the most common way they take care of their regular monthly bills is by an online or electronic payment. A bare majority (54%) mostly uses checks, and a small minority (15%) mostly uses cash.

More About ING Direct's Electric Orange Checking Account

Tags » Checking Accounts, ING Direct

Shaheen Pasha writes for CNNMoney.com about ING Direct's Electric Orange high-yield online checking account - saying that some industry analysts are skeptical of the service concept.

APACS Provides Update On Chip and PIN Progress in the UK

Tags » APACS, Card Technology

APACS yesterday celebrated the first anniversary of the transition in the UK to chip and PIN technology on payment cards. APACS provided a number of statistical updates on the progress and impacts of this technology upgrade.   » Continue Reading

Canadian Banks Deal With Retailer Security Breaches

Tags » Canada, Data Security, PCI Compliance

Tara Perkins and Dana Flavelle report for the Toronto Star on actions being taken by several Canadian banks to reissue credit cards following reports of security breaches of credit card data at several retailers.

Survey Shows 14 Percent of U.S. Population Has More Than 10 Credit Cards

Tags » Credit Cards

Experian Consumer Direct has released its latest National Score Index study reporting that approximately 14 percent of the U.S. population has more than 10 credit cards, The study examines consumer credit card use on both a statewide and a national level.   » Continue Reading

An Update On Credit Card Usage in Australia

Tags » Credit Cards

The Sydney Morning Herald reports on credit card usage in Australia - where credit card debt outstanding has reached A$38.99 billion or an average of A$2,932 per account, up 7.5 percent over the last year. Growth in both credit card spending and receivables has slowed in Australia as consumers have reacted to higher interest rates.

Headline News - February 15, 2007

Tags » Payments News - Headline News

Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers looking to hire payments professionals can post their job openings there as well.

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