Earlier today, we watched Apple's announcement of the iPhone SDK and its associated enterprise features. Glenbrook's Russ Jones shared some of his initial reactions to the news.

Tonight, we're beginning to see some more reactions - including one from the folks at 37signals titled "iPhone SDK, Apple's Touch Platform, and The Next Two Decades".

Bankers and merchants, get ready - there's a new (mobile) world coming. Albert Camus once wrote: “Great ideas come into the world as gently as doves.” We think those wings are fluttering once again. Are you ready?

The Electronic Payments Coalition has issued a statement in response to what it is calling "price control legislation" introduced earlier today (H.R. 5546).   » Continue Reading

The Merchants Payments Coalition (MPC) has issued a press release favoring the legislation introduced today dealing with interchange fees. From the press release: "Today House Judiciary Committee Chairman John Conyers (D-MI) and Rep. Chris Cannon (R-UT) introduced the "Credit Card Fair Fee Act," legislation that for the first time deals with the biggest credit card fee of all - the interchange fee, which grew to $36 billion in 2006."   » Continue Reading

The National Retail Federation says it welcomes "the introduction of landmark antitrust legislation that would address hidden MasterCard and Visa fees that cost merchants and their customers more than $40 billion a year." The Credit Card Fair Fee Act was introduced today by House Judiciary Committee Chairman John Conyers, D-Mich.   » Continue Reading

Earlier today, Apple announced its plans for enabling third-party developers to deploy applications on the iPhone as well as significant new features supporting deployment of iPhones inside enterprises. Glenbrook's Russ Jones shares his thoughts regarding today's iPhone news.

Stefan Brands has announced that his company's (Credentica) U-Prove technology has been acquired by Microsoft and that he and a couple of his colleagues have joined Microsoft's Identity and Access Group. More about the acquisition at Kim Cameron's IdentityBlog and Microsoft's Data Privacy Imperative blog.   » Continue Reading

The World Resources Institute has published a report by Loretta Michaels titled "Biometric Security for Mobile Banking". "This report identifies a confluence of technology trends leading to viable solutions that can enable very widespread access to financial services. It also discusses the obstacles blocking the growth of this market among BoP consumers, such as mobile phone banking security."

Glenbrook, in cooperation with Forte Financial just finished our first Payments Workshop on B2B payments, called "eB2B Payments at the Tipping Point".   » Continue Reading

SK Telecom and Citi have announced the launch of San Francisco-based Mobile Money Ventures, LLC., a joint venture company that the two companies will use to "develop mobile financial services and technologies that will deliver greater functionality, speed, and convenience to consumers around the world."   » Continue Reading

Wells Fargo has received the Barlow Research Monarch Innovation "Most Innovative Product" Award for its newest small business checking account product -- Merchant Checking. Described as an "industry first financial package, Merchant Checking combines the convenience of a business checking account with the ability to accept credit and debit card payments at a flat, low, discounted rate."   » Continue Reading

• Internetnews.com: PayPal's Grown-Up Growth Outlook
• Motley Fool: Electing Credit Card Improvements
• DO2 Technologies Introduces Application to Reconcile Goods/Delivery Receipts to Invoice
• Chase Paymentech Class A Certifies Hypercom’s Optimum T4200 Payment Terminals
• Wachovia to drop Visa Rewards for its own program
• Turning Browsers into Buyers with TrialPay

We have received news of the following recent management changes:

• Lars Holmquist has been named Chief Marketing Officer at Atlanta-based Vesdia Corporation. Holmquist was formerly President of TSYS Loyalty.