Payments News - Weekly Wrap - April 19, 2008

Here's a review of this week's top stories on Payments News. If you missed it, last week's Weekly Wrap is here.

• ACH News
  
  • NACHA introduced Electronic Billing Information Delivery Service (EBIDS) (See more ACH and NACHA news.)
• Conferences
  
  • Glenbrook's Scott Loftesness will be attending next week's Digital Money Forum in London
  • FSTC's 2008 Annual Conference - June 17-19 - Sonoma County, CA (See more FSTC news.)
• Debit Card News
• The Center for Responsible Lending published results from a survey of consumers finding that they overwhelmingly prefer that debit card purchases be declined at the checkout if these would otherwise result in an overdraft fee (See more on Debit Cards and Overdraft Fees.)
• Eco-Sensitive Payments
  
  • Citi Cards Launches EcoSweepstakes Promoting Going Paperless (See more news about Eco-Friendly Cards.)
• Ecommerce Payments News
  
  • PayPal reports First Quarter 2008 Financial Results (See more PayPal news.)
• Gift Card News
  
  • Kroger announced incentives to get consumers to cash their economic stimulus checks and buy Kroger gift cards (See more Gift Card news.)
• Private Equity News
  
  • Alliance Data Systems terminated its merger agreement with Blackstone (See more Alliance Data news.)
  • FTVentures Raises $512 Million Growth Capital Fund
• Commercial Payments News
  
  • Commercial Payments in Transition - A Conference in Your Pocket (See more news about Commercial Payments and Commerical Cards.)
• Mobile Banking and Mobile Payments News
  
  • Juniper Research published a new report forecasting that the number of consumers accessing banking services and products via their mobile phones will reach 816 million by 2011 (See more Mobile Banking news.)
  • Mobile Payments Player Safaricom Spurs IPO Fever in Kenya (See more Mobile Payments news.)
  • Obopay Reportedly Gets $20 Million to Send Money via Mobiles (See more Obopay and Mobile Payments news.)
  • What's Up with PayPal Mobile - and with Mobile Payments Generally? (See more PayPal Mobile and Mobile Payments news.)
• Banking Regulatory & Legislative News
  
  • The House Subcommittee on Financial Institutions and Consumer Credit held a hearing on H.R. 5244, The Credit Cardholders' Bill of Rights (See more news from financial regulators and legislators.)
  • The Reserve Bank of Australia has published the Proceedings from its Payments Systems Review Conference held last November (See more news from Australia.)
• Merchant Acquiring News
  
  • NOVA Information Systems Becomes Elavon (See more news about Elavon and NOVA.)
  • The ETA Annual Conference and Expo was held this week in Las Vegas. Glenbrook's Allen Weinberg filed a field report. (See more writings from Glenbrook's team.)
  • TSYS Acquiring Solutions Partners to Provide Data Breach Insurance (See more TSYS news.)
  • Authorize.Net Introduces Simple Checkout Solution (See more CyberSource/Authorize.net news.)
• PCI Compliance News
  • Payment Application Data Security Standard Issued (See more PCI Compliance news.)
• Organizational Announcements
  
  • Roy Vella was named Director of Mobile at Royal Bank of Scotland.
  • Former head of First Data International Pam Patsley was named an operating partner at Advent International.
  • Citigroup announced 9,000 more layoffs ahead - on top of 4,200 announced in January. (See more Citi news.)
• Open Job Listings on PaymentsJobs.com
  
  • Account Relationship Manager at Skylight Financial (Atlanta, Georgia)
  • Product Manager at Skylight Financial (Atlanta, Georgia)
  • Director, Public Relations at Chase Paymentech (Dallas, Texas)
  • Retail Product Manager at PreCash, Inc. (Portland, Oregon)
  • Project Manager at FSV Payment Systems (Jacksonville, Florida)
  • Senior Analyst at Mercator Advisory Group (Waltham, Massachusetts)
  • Manager, Fraud and Risk at PayCycle (Palo Alto, California)
  • Vice President / Director Business Development at i2c (Redwood City, California)
  • Account Executive at FirstCard Merchant Services (Chicago, Illinois)
  • Find and hire the best! Post your current job openings on PaymentsJobs.com!
• Upcoming Glenbrook Payments Education Offerings
  
  • Roundtable on Emerging Payments: Cross-Border eCommerce: Pot of Gold and Rainbow of Fraud - San Francisco Bay Area - May 7
  • Workshop on The Structure of the Merchant Payments Marketplace - San Francisco Bay Area - June 10
  • Glenbrook Payments Boot Camp - San Francisco Bay Area - June 11-12

You can find all of our Weekly Wrap summaries in the Payments News Weekly Wrap Archive.