Jim Bruene posts on NetBanker about the Banking Camp that's getting organized for next weekend (July 21/22) - called BarCampBankSeattle.

Marc Hedlund, co-founder and chief product officer of personal financial information provider Wesabe, blogs about the new API they're introducing. He writes "We want to take the idea of a credit bureau (where businesses report their experiences with consumers so that other businesses can benefit) and turn it on its head — building instead a value bureau, where consumers can share their experiences with businesses, so all consumers can benefit." Documentation on the new Wesabe API is available online.

Verizon has announced Verizon Merchant Services, Payments Powered by Chase Paymentech - a new offering for small and medium-sized businesses with a broadband connection from Verizon Online.   » Continue Reading

Obopay has announced the closing of its third round of venture funding, raising $29 million. The round was led by Richmond Global Cellular, an affiliate fund of Richmond Management LLC. Other new investors included AllianceBernstein L.P., Citi, Societe Generale.   » Continue Reading

Global Industry Analysts, Inc. has published a new report that projects that the world EFTPOS terminal market will grow to 10,769,000 units by 2010.   » Continue Reading

The press is picking up on the Center for Responsible Lending's report on bank overdraft fees and overdraft loans. The CBS Evening News covered the story In an article titled 'Debit Cards' Hidden Fees" citing the study's conclusion that "the single largest use of overdrafts was using your debit card. And those debit card purchases are very small. If you were to calculate an annual percentage rate interest for that loan, it would usually be well into the five digits."   » Continue Reading

Welcome Real-Time's Aneace Haddad blogs about some new study results that show the benefits to merchants from having the technology to deliver targeted messages and promotions to their customers on POS receipts.

• TransUnion Delivers Solution to Market that Mitigates Authorized User Abuse
• Tyfone Announces Global Expansion With New Key Members to the Executive Team
• Metavante Provides Support for the Harris Health Savings Account