Payments News - Weekly Wrap - Saturday, August 2, 2008
Here's a review of this week's top stories on Payments News. Back to the future!: for fun, click for this same week's activity a year ago here on Payments News!
Looking for more payments-related reading? Checkout our Other Payments and Banking Blogs page for more from the blogosphere about the worlds of payments and banking.
Quote of the week:: From Tesco CEO Sir Terry Leahy: “Services are bigger and faster-growing markets than food. As consumers look to make every pound work harder, it is a good time for Tesco to expand its presence [into financial services]."
- Amazon Payments News
- Amazon Payments launched Checkout by Amazon, a complete ecommerce checkout solution including payments, shipping, sales tax, promotions, etc., and Amazon Simple Pay, a set of payment-only products that allows websites to enable their customers to use their Amazon.com payment information for payments. (See more Amazon Payments, Amazon Web Services and Ecommerce Payments News.)
- Bill Me Later News
- Bill Me Later announced a strategic partnership with Universal Air Travel Plan (UATP), the airline-owned corporate travel payment network. (See more Bill Me Later, Airline Payments and UATP news.)
- MasterCard News
- MasterCard reported financial results for the second quarter of 2008. (See more MasterCard news.)
- Mobile Banking News
- Bank of America's Lance Drummond wrote for Bank Systems & Technology about the lessons learned during Bank of America's rollout of mobile banking. (See more Bank of America and Mobile Banking news.)
- Online Banking News
- Wells Fargo began rolling out its new vSafe service to customers in 18 states – Arizona, Idaho, Illinois, Indiana, Iowa, Michigan, Minnesota, Montana, Nebraska, Nevada, New Mexico, North Dakota, Ohio, South Dakota, Texas, Utah, Wisconsin, Wyoming – and the Greater Sacramento area. (See more Online Banking and Wells Fargo news.)
- PayPal News
- In the UK, PayPal announced the launch of a new prepaid top up card, the PayPal Top Up card - a reloadable VISA card and that PayPal says can be used almost anywhere the VISA symbol is displayed. (See more Ecommerce Payments and PayPal news.)
- Visa News
- Visa Inc. reported fiscal third quarter 2008 financial results. (See more Visa news.)
- Open Job Listings on PaymentsJobs.com
- Corporate Strategy, Senior Business Leader at Visa (San Francisco, CA)
- Associate Consultant - Qualified Security Accessor at Xtrategies (Miami, FL)
- Associate/Consultant - Risk Management at Xtrategies (Miami, FL)
- Sr. Marketing Capabilities Manager - Mobile at Alliance Data (Columbus, OH)
- E-Commerce Analyst at First Midwest Bank (Itasca, IL)
- Senior Manager, Product Development at American Express (New York, NY)
- Upcoming Glenbrook Payments Education Offerings
- Glenbrook's Russ Jones will presenting at this year's Direct Response Forum (DRF) on August 12th on the subject of "What We're Watching in Emerging Payments". Russ will also be participating in a round table discussion on best practices in recurring payments on August 13th.
- Glenbrook Payments Boot Camp - Santa Clara, California - October 15-16
- Glenbrook Payments Boot Camp - Denver - December 3-4
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 share on how we can improve the Weekly Wrap!





