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September 11, 2008

Revolution Money Introduces MoneyExchange Revolution Card

Revolution Money has announced the introduction of the MoneyExchange RevolutionCard, a PIN-based reloadable card that enables free online person-to-person (P2P) payments to other accountholders, ATM access and retail store purchases -- from a single account. READ MORE »

Protecting Consumers With Gift Cards When Retailers Go Bankrupt

Consumers Union has announced it has "filed a petition with the Federal Trade Commission (FTC) asking the agency to protect consumers from losing money on gift cards when retailers file for bankruptcy. The issue has come to light following recent retailer bankruptcies and millions in lost gift card dollars for consumers." READ MORE »

New Cashless Vending Research

USA Technologies has released details of vending research it has conducted "showing that vending machines equipped to accept debit and credit cards have dramatically changed consumer-purchasing habits." READ MORE »

US Financial Services Providers Adopting Mobile SMS

Clickatell has announced that "top US financial institutions and technology providers who serve the FI market including Visa, S1 Postilion, and RSA Data Security are trusting Clickatell to provide actionable financial alerts and notifications to millions of cell phones via SMS." READ MORE »

Prepaid Debit Cards on Campus

Mary Pilon writes for the Wall St. Journal that financial services companies are focusing more on prepaid debit cards on college campuses.

Headline News - September 11, 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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