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March 21, 2007

Recent Job Postings on PaymentsJobs.com

We launched our new PaymentsJobs.com jobs listing board for payments professionals last month. Here are some of the current listings:

Bored with your current gig and need to find your next gig? Or, need to highlight your current job openings to the best payments professionals in the industry? Visit PaymentsJobs.com.

GratisCard Offers a Credit Card for the Anonymous

Jaikumar Vijayan writes for ComputerWorld about GratisCard - saying that "when the company launches on April 1, it plans to introduce the nation's first completely anonymous credit card with no name or number and no physical data stored on the card itself."

Will That Be Cash, Credit Or SMS?

Information Week's Eric Zeman blogs about a new SMS-based mobile payment system in Belgium. Zeman reports that "unlike near-field communication (NFC), which requires a handset equipped with an NFC short-range radio, this program will let every cell phone user complete retail transactions from their phones."

Federal Regulators Seek Public Comment on Model Privacy Notice

Eight federal regulators have released a notice of proposed rulemaking (NPR) requesting comment on a model privacy form that financial institutions can use for their privacy notices to consumers required by the Gramm-Leach-Bliley Act (GLB Act).

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Mobile Phone Loans Might Be Too Easy

This morning's NPR Morning Edition radio show included a segment titled "Cell Phone Loans Might Be Too Easy" - describing the market in Finland for taking out consumer loans via SMS messages from your mobile phone. "Nearly 20 companies have begun offering these loans since the business started in Finland two years ago."

First Data Licenses PrivaSys Patents

First Data Corp and PrivaSys have announced a "long-term licensing agreement that sets the stage for First Data to become a clear leader in the processing of contactless and other emerging payments for its clients - both financial institutions and merchants - around the world."

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PayPal Reports Nearly 35 Million Accounts in Europe

In a press release this morning, PayPal announced that it has nearly 35 million accounts in Europe, a milestone that PayPal says "demonstrates the growing popularity of PayPal among internet consumers and merchants across Europe." Note that the number announced appears to be total, not active, PayPal accounts. In January, PayPal reported over 133 million total accounts of which 37.6 million were active in the quarter ending December 31, 2006.

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