Payments News - Weekly Wrap - June 21, 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. Back to the future!: for fun, click for this same week's activity a year ago here on Payments News!

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• Ecommerce Payments News
  • NACHA has announced that Fidelity National Information Services (FIS) will offer NACHA’s Secure Vault Payments solution to its clients. FIS will offer Secure Vault Payments to current clients as well as financial institutions without an existing relationship with FIS. (See more ACH, Ecommerce Payments, NACHA and Secure Vault Payments news.)
• MasterCard News
  • MasterCard announced an agreement with Obopay "to offer a fully-integrated on-demand person-to-person mobile payment service in the United States." (See more MasterCard, Mobile Payments, and Obopay news.)
• Merchant Acquiring News
  • Global Payments announced a joint venture with HSBC Bank to provide payment processing services to merchants in the United Kingdom and Internet merchants globally. The new company will operate under the name HSBC Merchant Services. (See more Global Payments, HSBC, and Merchant Acquiring news.)
• Mobile Banking News
  
  • The Payment Cards Center of the Federal Reserve of Philadelphia has published a discussion paper by Julia S. Cheney titled "An Examination of Mobile Banking and Mobile Payments: Building Adoption as Experience Goods?" (See more Mobile Banking and Mobile Payments news.)
• Mobile Payments News
  
  • The Mobey Forum has announced a new document titled "Best Practice for Mobile Financial Services — Enrolment Business Model Analysis" that examines "the challenge of sharing a mobile handset's secure hardware, the so-called secure element." (See more Mobile Payments news.)
• PayPal News
  • eBay and PayPal announced improved protections for buyers and sellers on eBay.com, in time for this year's holiday shopping season. (See more Ecommerce Payments and PayPal news.)
  • PayPal has announced a new Developer Central portal saying it is "designed to help developers support growing merchant demand for online payments." PayPal also introduced new application programming interfaces (APIs) to give merchants more flexibility to manage their customer transactions. (See more Ecommerce Payments and PayPal news.)
• Unbanked/Underbanked News
  
  • The Smart Card Alliance Transportation Council has announced publication of a new white paper, "Serving Unbanked Consumers in the Transit Industry with Prepaid Cards” , that examines how transit agencies can serve "unbanked" or "underbanked" individuals, including both the traditional approach of establishing retail sales outlets for fare media and a potential new approach of using network-branded prepaid cards. (See more Contactless Payments, Transit Payments and Unbanked news.)
• Open Job Listings on PaymentsJobs.com
  
  • Customer Insights Manager - Bankcard/Co-Brand at Alliance Data (Columbus, Ohio)
  • Risk Operations Manager at CyberSource (Mountain View, California)
  • Sr. Product Marketing Manager at CyberSource (Mountain View, California)
  • Web Marketing Manager at CyberSource (Mountain View, California)
  • Finance Program Manager at Confidential (San Mateo, California)
  • Director, Consumer Protection at Jewelry Television (Knoxville, Tennessee)
  • Debit Card Product Manager at BB&T (Raleigh, North Carolina)
  • Electronic Payments Product Manager at BB&T (Wilson, North Carolina)
• Upcoming Glenbrook Payments Education Offerings
  
  • Glenbrook Payments Boot Camp - San Francisco Bay Area - October 15-16

You can find all of our Weekly Wrap summaries in the Payments News Weekly Wrap Archive. They're published every Saturday and look back at the highlights of the week's news. Please send us on how we can improve the Weekly Wrap!