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April 04, 2008

Reported Dollar Loss From Internet Crime Reaches All Time High

The FBI's Internet Crime Complaint Center (IC3) has published the 2007 Internet Crime Report icon_PDF_small.gif. For the year, IC3 received 206,884 complaints of crimes perpetrated over the Internet during 2007. Of the complaints received, more than 90,000 were referred to law enforcement around the nation, amounting to nearly $240 million in reported losses. This represents a $40 million increase in reported losses from complaints referred to law enforcement in 2006.

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ATM Frustrations

Thomas Hawk blogs about using his bank's (Bank of America) ATMs: 'How come every single time I do an ATM transaction every ATM machine asks me what language I want? I want English. Why can't I set English as my default and never have an ATM ask me this question again?'

Tip: News View Finds Payments News Stories by Topic

Regular readers of Payments News are familiar with the News View pull down over in the right sidebar of every page. Newcomers might not be - so here's a brief explanation.

Every story on Payments News is categorized by topic using a tag. Using the News View pull down menu, you can read individual category pages on specific topics. For example, if you want to read only those stores on Payments News concerning Mobile Payments, you'd pull down the News View menu and select Mobile Payments - and you'd be taken to this page with all of the Mobile Payments stories with the most recent story at the top.

That's it - now you know how to quickly and easily find related stories by subject on Payments News - using News View! Here's a complete list of the current categories on Payments News.

A Profile of Obopay's Carol Realini

In an article titled 'Turning your cell phone into a wallet', Fortune Small Business writer Jonathan Blum profiles Obopay's CEO Carol Realini. Also, earlier this week, Obopay launched the 'Official Obopay Blog'.

Barclaycard Plans to Issue Over 1 Million Contactless Cards in UK

Barclaycard has announced plans to issue over one million contactless cards this year across the UK. Barclaycard began issuing contactless enabled cards in London in September 2007 with the launch of Barclaycard OnePulse, the 3-in-1 card featuring Oyster, credit and contactless payment functions.

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Headline News - April 4, 2008

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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