Glen Fest writes for Bank Technology News about mobile banking - saying that "recruiting Gen Y users will be most banks' priority. Ninety percent of the under-25 set already have data capabilities on their phones. And more than half of younger users say they will consider mobile banking offerings when choosing a bank."

Aite Group has published a new report titled "Top Trends in U.S. Corporate Cash Management: Strategies for a New Environment" that "explores the top trends that are currently shaping the U.S. cash management space and the strategies that are being implemented by the largest global players, down to the smallest community banks."   » Continue Reading

Aneace Haddad of Welcome Real-time shares his London contactless conference presentation - taking a skeptical view of contactless payments that simply replace mag stripe functionality and suggesting that the real value is to also enable the card to interact with the merchant's POS to enable promotional marketing in addition to basic purchase functionality.

In an article titled 'Discover Finds a Fan Base Ahead of Looming Spinoff", Robin Sidel writes for the Wall St. Journal about the spinoff of Discover Financial Services from parent Morgan Stanley. The spinoff is to be completed next Monday when Discover is expected to have a market capitalization of about $14 billion.

In a post titled "Google Checkout Team Lays out Differences From eBay's PayPal", Red Herring blogger Tomio Geron writes about a presentation by Google's Michael Feldman comparing Google Checkout to PayPal. Feldman said that as compared to PayPal as a payment method at completion of a purchase, Google "Checkout provides solutions much earlier in the shopping cycle. We help consumers find merchants … and can help them through that experience. We help influence users much earlier in the process and streamline the actual process."

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