TrialPay has announced the launch of DealSpot, a comprehensive promotion framework that delivers exclusive deals and branded engagements inside social applications. "In order to give publishers control over the deal context, TrialPay has pioneered an industry first: deals automatically appear in games via dynamically loaded Flash components that appear when relevant deals are available to consumers."

Citi has announced the closing of the sale of $1.6 billion in managed assets, part of its U.S. retail sales finance portfolios, to GE Capital.

Retail Partner Cards, within Citi Holdings, provides consumer and commercial credit card products and services, including private label credit cards, for national and regional retailers across the U.S. The business services more than 40 million customers and consists of managed assets of approximately $50 billion . Retail partners include The Home Depot, Shell, Macy's, Sears, and ExxonMobil, among others.

PayPal is blogging that $100,000 worth of checks have been processed in the first 36 hours by the "Add Money from Checks" capability inside the new PayPal mobile app. In related news, BankServe has announced that its mobile capture technology behind the service.

First Data has announced the launch of First Data Information & Analytics Services to help merchants better understand consumer spending and payments trends. "First Data processes a significant portion of the U.S. consumer expenditures with $1.25 trillion in TPV and more than 28 billion domestic merchant transactions in 2009. With a U.S. point-of-sale (POS) network spanning more than three million merchant locations, First Data draws comprehensive aggregated insights from its vast experience in the payments industry."

Headline News is brought to you by Glenbrook Partners:

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