Citi has announced that it will begin piloting a new mobile peer to peer payment service with Obopay to select new and existing Citi customers as part of a limited consumer trial in Boston and Chicago.   » Continue Reading

Capital One and Yahoo! Shopping have announced a partnership "creating the Capital One Saving Zone, a portal on Yahoo! Shopping that offers exclusive deals on select merchandise to Capital One cardholders. At the Saving Zone, Capital One cardholders can receive up to a 40 percent savings on already discounted items, as well as an additional 10 percent off everything they purchase on the site using their Capital One credit card."   » Continue Reading

Online Resources Corporation has announced a definitive agreement to acquire Internet Transaction Solutions, a biller service provider (BSP) to receivables management companies and utilities.   » Continue Reading

• Kiplinger.com: Debit-Card Smarts - Strategies to rack up rewards and keep your money safe.