Cartera Commerce has announced a new capability that enables card issuers to drive revenue from the local advertising market.

Cartera's new performance-based solution enables issuers to market thousands of local, card-linked offers to their customers, who redeem offers just by swiping their cards in local stores. Cartera securely and privately tracks transactions and automatically delivers savings and rewards back in cardholders' accounts in cash, points or miles.

In related news, Cartera also announced a strategic marketing agreement with TransFirst to offer this solution to TransFirst merchants.

Citi has announced that its Global Transaction Services unit has enhanced its WorldLink Payment Services to "support payments in exotic currencies, such as the Chinese Renminbi (RMB) and Iraqi Dinar (IQD). In addition, WorldLink has developed its network to support current and future exotic currency offerings. These enhancements allow for significant reductions in settlement time, increased visibility of important transactional details and a reduction of volume capacity against exotic currencies."

Retail Decisions (ReD)has announced the ReD Fraud Alert service, a new service which enables card issuers and merchants to exchange information in the fight against online payment fraud.

Using information normally exclusive to the issuer, ReD creates a channel to enable its merchants to use a customer’s full account profile to decide whether to accept or reject a transaction for items with a high ticket price.

PaymentOne has announced PayOne FastPay, "an industry-first mobile payments program that guarantees disbursements to merchants in as fast as seven days, dramatically reducing the typical 60-90 day waiting period for payouts required by carriers and other mobile payment vendors."

On the web:

• Google Wallet Hands On Review - Katherine Boehret - AllThingsD
• No Cards, No Cash. Just a Phone - David Pogue Reviews the Google Wallet - NYTimes.com
• In MasterCard's Future, You Can Buy Things by Waving at Your TV - Mashable
• Here's a Facebook App That's Basically a Bank - AllThingsD
• A First Look at the BankSimple UI - BankSimple Blog

On the wires:

• Visa Europe extends CodeSure family with Matrix Display card
• CreditKarma.com Releases Data on 5 Million Credit Cards
• Commerce Bank Adds First Data TransArmor Solution to Merchant Product Suite
• NexTech Partners with Chase Paymentech to Streamline Payment Processing