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May 22, 2007

A Taste of Wesabe

We've long been intrigued with Wesabe, a Berkeley, California-based personal financial management startup, since they launched. They've got a loyal group of users and the management team uses their feedback endlessly to improve their service. For some insights into what's happening at Wesabe, view the LunchMeet's interview with Wesabe's Jason Knight, CEO, and Marc Hedlund, chief product officer.

No Other Takeover Bids Received For First Data Corp.

First Data Corp. announced this morning that it had not received any other bids for the company other than the original bid from KKR.

Bank of America's Mobile Banking Now Available Anytime, Anywhere

Bank of America has announced the completion of the rollout of its secure Mobile Banking service -- enabling more than 20 million Online Banking customers to manage their personal finances 'on the go.' Consumers across the country now can use their cell phones and smartphones to check account balances, pay bills and transfer money.

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MasterCard Worldwide's Fifth Annual Risk Symposium

MasterCard has announced its fifth annual Global Risk Management Symposium, bringing together more than 250 senior security professionals from financial services, law enforcement and other related industries in Huntington Beach, Calif., May 22-24. According to MasterCard, "the symposium is a three-day conference focused on exploring the security techniques, technologies and best practices for preventing and mitigating payment card fraud."

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Toys R Us Announces New Online Gift Card Service

Toys “R” Us has announced a new online service that allows customers to purchase gift cards directly from its web site and also allows shoppers the ability to create personalized gift cards.

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IP Commerce, PayPal Partner

IP Commerce has announced that it will offer payment services powered by PayPal including an email invoicing solution in PASS Commerce Center and a Sales Ticker, as part of the PASS Gadget which can be placed in the Windows Vista sidebar. According to the companies, "small businesses using PASS Commerce Center and services will benefit from improved cash flow, visibility into their financial standing, best practice security measures that reduce fraud and identity theft, and the ability to extend greater flexibility of payment options to their customers."

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A Look at Mobile Payments in Asia

Aaron Tan reports for ZDNet Asia from a mobile financial services conference in Singapore - saying that "while security concerns may encumber the adoption of mobile financial services, industry players agree they have to prep themselves for greater demand for such services in future."

Headline News - May 22, 2007

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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