Payments News - from Glenbrook Partners http://www.paymentsnews.com/ Payments News ISSN 1556-4487. Copyright © Glenbrook Partners LLC, 2002-2006. All Rights Reserved. en-US Mon, 06 Oct 2008 11:29:01 -0700 http://www.typepad.com/ 37.451688-122.183854This is an XML content feed containing the first segment of each post. It is intended to be viewed in a newsreader. To view the full content of each post, visit www.paymentsnews.com. Payments News ISSN 1556-4487. Copyright © Glenbrook Partners LLC, 2002-2006. All Rights Reserved. Glenbrook's October Payments Boot Camp is Sold Out http://feeds.feedburner.com/~r/PaymentsNews/~3/413026028/glenbrooks-octo.html http://www.paymentsnews.com/2008/10/glenbrooks-octo.html Glenbrook's October 15-16 Payments Boot Camp is now sold out. The next Payments Boot Camp is being held in Denver, Colorado on December 3-4. October 15-16 Payments Boot Camp is now sold out. The next Payments Boot Camp is being held in Denver, Colorado on December 3-4.

]]> Glenbrook Glenbrook Payments Education Payments News Editor Mon, 06 Oct 2008 11:29:01 -0700 http://www.paymentsnews.com/2008/10/glenbrooks-octo.html BART Riders Like Paying with NFC-equipped Mobile Phones http://feeds.feedburner.com/~r/PaymentsNews/~3/412994080/bart-riders-lik.html http://www.paymentsnews.com/2008/10/bart-riders-lik.html BART, First Data and ViVOtech have released the results of an NFC-based mobile payments trial conducted in the San Francisco area from Jan. 28 to May 30, 2008 - saying it demonstrates high use when both transit fare and retail payments are combined in the same phone. results of an NFC-based mobile payments trial conducted in the San Francisco area from Jan. 28 to May 30, 2008 - saying it demonstrates high use when both transit fare and retail payments are combined in the same phone.

]]> Contactless Payments Mobile Payments Near Field Communication (NFC) Transit Payments Payments News Editor Mon, 06 Oct 2008 10:43:47 -0700 http://www.paymentsnews.com/2008/10/bart-riders-lik.html New US Consumer Payment Preferences Study http://feeds.feedburner.com/~r/PaymentsNews/~3/412935001/new-us-consumer.html http://www.paymentsnews.com/2008/10/new-us-consumer.html BAI and Hitachi Consulting have announced results of a new nationwide consumer payment preferences study that was sponsored by First Data Corporation and its STAR(R) Network, Harland Clarke, MasterCard Worldwide, Metavante and PULSE. new nationwide consumer payment preferences study that was sponsored by First Data Corporation and its STAR(R) Network, Harland Clarke, MasterCard Worldwide, Metavante and PULSE.

]]> Banking Industry Consumer Payments Payments News Editor Mon, 06 Oct 2008 09:25:18 -0700 http://www.paymentsnews.com/2008/10/new-us-consumer.html MasterCard Launches MasterCard Savings Discount Program http://feeds.feedburner.com/~r/PaymentsNews/~3/412781596/mastercard-laun.html http://www.paymentsnews.com/2008/10/mastercard-laun.html MasterCard Worldwide has announced the launch of MasterCard Saving - calling it "a new, innovative program that provides Debit MasterCard and eligible Prepaid MasterCard cardholders with hundreds of significant merchant-funded discounts and special offers each day from thousands of merchants across the country. Debit and prepaid MasterCard cardholders can quickly enroll at http://savings.mastercard.com. There is no cost to cardholders." http://savings.mastercard.com. There is no cost to cardholders."

]]> Card Reward Programs Debit Cards MasterCard Prepaid Cards and Stored Value Cards Payments News Editor Mon, 06 Oct 2008 06:13:44 -0700 http://www.paymentsnews.com/2008/10/mastercard-laun.html eBay to Acquire Bill Me Later, Combine with PayPal http://feeds.feedburner.com/~r/PaymentsNews/~3/412772240/ebay-to-acquire.html http://www.paymentsnews.com/2008/10/ebay-to-acquire.html eBay has announced that it has "reached a definitive agreement to acquire Bill Me Later®, the number two online-oriented payments brand, for approximately $820 million in cash and approximately $125 million worth of outstanding options, net of option exercise proceeds. The acquisition extends the company’s leadership in payments by combining Bill Me Later with eBay’s PayPal, the number one online-oriented payments brand. Subject to various closing conditions, the deal is expected to be completed by year-end." A webcast and a presentation are available online - along with a blog post from PayPal's CEO Scott Thompson. Among other announcements today, eBay... webcast and a presentation icon_PDF_small.gif are available online - along with a blog post from PayPal's CEO Scott Thompson.

Among other announcements today, eBay announced "plans to reduce its global workforce by approximately 10 percent, affecting about 1,000 employees in addition to several hundred temporary workers and the reduction of open positions."

]]> Bill Me Later ECommerce Payments PayPal Payments News Editor Mon, 06 Oct 2008 06:01:11 -0700 http://www.paymentsnews.com/2008/10/ebay-to-acquire.html Headline News - October 6, 2008 http://feeds.feedburner.com/~r/PaymentsNews/~3/412770720/headline-news-3.html http://www.paymentsnews.com/2008/10/headline-news-3.html NetBanker: eBay Acquires Bill Me Later for Almost $1 Billion GigaOM: Will Amazon Ditch Bill Me Later After eBay Takes Over? Seattle Tech Report: Why Bill Me Later makes sense Microsoft Midsize Business: Can NFC help retailers rake in customers? Walgreens Streamlines Payments Process, Reduces Processing Costs with Bank of America's ePayables Forrester Research: Red Flag Compliance: Are You Ready? by Geoffrey Turner Altus Group Lands Chase Card Services Account Bank of America Likely to Continue Reign as Largest Online Bank Even After Recent Mergers, According to comScore CNBC.com: Credit Card Companies Cracking Down On Consumers ATMs Offering Gift Cards...

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.

]]> Payments News - Headline News Payments News Editor Mon, 06 Oct 2008 05:58:01 -0700 http://www.paymentsnews.com/2008/10/headline-news-3.html Walmart.com Now Accepts PayPal http://feeds.feedburner.com/~r/PaymentsNews/~3/410691643/walmartcom-now.html http://www.paymentsnews.com/2008/10/walmartcom-now.html PayPal's Mary Anne Gillespie, vice president of sales for PayPal’s merchant services division, has announced that Walmart.com, the online division of the world’s largest retailer, is now accepting PayPal. announced that Walmart.com, the online division of the world’s largest retailer, is now accepting PayPal.

]]> ECommerce Payments PayPal Payments News Editor Fri, 03 Oct 2008 16:58:09 -0700 http://www.paymentsnews.com/2008/10/walmartcom-now.html Wells Fargo, Wachovia Agree to Merge http://feeds.feedburner.com/~r/PaymentsNews/~3/410159872/wells-fargo-wac.html http://www.paymentsnews.com/2008/10/wells-fargo-wac.html In a move that trumps the previously announced Citigroup acquisition of the banking operations of Wachovia, Wells Fargo and Wachovia this morning have announced "they have signed a definitive agreement for the merger of the two companies including all of Wachovia’s banking operations in a whole company transaction requiring no financial assistance from the Federal Deposit Insurance Corporation (FDIC) or any other government agency." [Update: Wells Fargo has posted a presentation on the deal along with a webcast scheduled for 6:30 AM PDT this morning.] previously announced Citigroup acquisition of the banking operations of Wachovia, Wells Fargo and Wachovia this morning have announced "they have signed a definitive agreement for the merger of the two companies including all of Wachovia’s banking operations in a whole company transaction requiring no financial assistance from the Federal Deposit Insurance Corporation (FDIC) or any other government agency." [Update: Wells Fargo has posted a presentation icon_PDF_small.gif on the deal along with a webcast scheduled for 6:30 AM PDT this morning.]

]]> Wachovia Wells Fargo Payments News Editor Fri, 03 Oct 2008 04:08:37 -0700 http://www.paymentsnews.com/2008/10/wells-fargo-wac.html Headline News - October 3, 2008 http://feeds.feedburner.com/~r/PaymentsNews/~3/410143198/headline-news-2.html http://www.paymentsnews.com/2008/10/headline-news-2.html Call for Speakers CTST / Smart Card Alliance Annual Conference - 2009 Credit Slips: Bankruptcy Filings Reset Post-2005 Record CreditCards.com: Weekly Credit Card Rate Report Wachovia Statement: Wachovia's Board Approves Wells Fargo Merger Proposal 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.

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.

]]> Payments News - Headline News Payments News Editor Fri, 03 Oct 2008 03:41:55 -0700 http://www.paymentsnews.com/2008/10/headline-news-2.html Visa Releases New Commercial Card Survey Findings http://feeds.feedburner.com/~r/PaymentsNews/~3/409367939/visa-releases-n.html http://www.paymentsnews.com/2008/10/visa-releases-n.html Visa has released results of a global survey finding that "74 percent of respondents are satisfied with their commercial payment card programs. Currently, 50 percent of respondents currently use commercial payment cards to make payments as part of their overall cash management strategies. In the next 12 – 18 months, 52 percent of survey respondents intend to reduce reliance on checks and 45 percent plan to increase their use of commercial card programs."

]]> Commercial Cards Commercial Payments Visa Payments News Editor Thu, 02 Oct 2008 08:51:14 -0700 http://www.paymentsnews.com/2008/10/visa-releases-n.html Ecount Now Renamed to Citi Prepaid Services http://feeds.feedburner.com/~r/PaymentsNews/~3/409337279/ecount-now-rena.html http://www.paymentsnews.com/2008/10/ecount-now-rena.html Ecount has announced a name change to Citi Prepaid Services - saying the "strategic renaming comes as a final chapter in Ecount's successful integration with Citi, which acquired the Conshohocken-based company in March 2007. The acquisition was a part of a core strategy to enhance Citi's cash management platform for corporations, financial institutions and governments worldwide." Citi Prepaid Services - saying the "strategic renaming comes as a final chapter in Ecount's successful integration with Citi, which acquired the Conshohocken-based company in March 2007. The acquisition was a part of a core strategy to enhance Citi's cash management platform for corporations, financial institutions and governments worldwide."

]]> Ecount Prepaid Cards and Stored Value Cards Payments News Editor Thu, 02 Oct 2008 08:16:18 -0700 http://www.paymentsnews.com/2008/10/ecount-now-rena.html Kount Receives US Patent for Proxy Piercing Technology http://feeds.feedburner.com/~r/PaymentsNews/~3/409235749/kount-receives.html http://www.paymentsnews.com/2008/10/kount-receives.html Kount Inc. has announced that it has received a US patent for its proxy piercing technology that "determines the accurate geolocation of computers being used to initiate online transactions, providing methods for determining the true physical location of the customer's computer, even if an anonymous proxy is being used." US patent for its proxy piercing technology that "determines the accurate geolocation of computers being used to initiate online transactions, providing methods for determining the true physical location of the customer's computer, even if an anonymous proxy is being used."

]]> Card Fraud ECommerce Payments Kount Payments News Editor Thu, 02 Oct 2008 06:10:00 -0700 http://www.paymentsnews.com/2008/10/kount-receives.html Actimize ATM, Debit Fraud Prevention Used by MasterCard http://feeds.feedburner.com/~r/PaymentsNews/~3/409233018/actimize-atm-de.html http://www.paymentsnews.com/2008/10/actimize-atm-de.html Actimize has announced that "MasterCard is using the Actimize technology to augment its ATM and Debit fraud detection capabilities for issuers."

]]> Card Fraud MasterCard Payments News Editor Thu, 02 Oct 2008 06:06:18 -0700 http://www.paymentsnews.com/2008/10/actimize-atm-de.html Headline News - October 2, 2008 http://feeds.feedburner.com/~r/PaymentsNews/~3/409224225/headline-news-1.html http://www.paymentsnews.com/2008/10/headline-news-1.html Concerns About Economy Hit All-Time High According to the American Express(R) OPEN Small Business Monitor Kount Lands Veteran Fraud Experts From Retail Decisions and iovation 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.

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.

]]> Payments News - Headline News Payments News Editor Thu, 02 Oct 2008 05:57:16 -0700 http://www.paymentsnews.com/2008/10/headline-news-1.html PCI-DSS Version 1.2 Released http://feeds.feedburner.com/~r/PaymentsNews/~3/408390249/pci-dss-version.html http://www.paymentsnews.com/2008/10/pci-dss-version.html The PCI Security Standards Council (PCI SSC) has announced the general availability of version 1.2 of the Payment Card Industry Data Security Standard (PCI DSS). According to the Council, "this latest version is the culmination of two years of feedback and suggestions from its industry stakeholders and is designed to clarify and ease implementation of the foremost standard for cardholder account security. Version 1.2 is effective immediately and version 1.1 of the standard will sunset on Dec. 31, 2008. The updated standard and supporting documentation is available on the Council’s Web site at https://www.pcisecuritystandards.org/security_standards/pci_dss.shtml." https://www.pcisecuritystandards.org/security_standards/pci_dss.shtml."

]]> PCI Compliance PCI Security Standards Council Payments News Editor Wed, 01 Oct 2008 09:31:00 -0700 http://www.paymentsnews.com/2008/10/pci-dss-version.html Mitek Launches Mobile Deposit Application for Apple iPhone http://feeds.feedburner.com/~r/PaymentsNews/~3/408260080/mitek-launches.html http://www.paymentsnews.com/2008/10/mitek-launches.html Mitek Systems has announced it has developed a version of its ImageNet Mobile Deposit application for the Apple iPhone. According to the company, its ImageNet Mobile Deposit is "the first mobile banking software that allows banks to accept paper check deposits from merchants and mobile professionals via camera-equipped mobile phones." announced it has developed a version of its ImageNet Mobile Deposit application for the Apple iPhone. According to the company, its ImageNet Mobile Deposit is "the first mobile banking software that allows banks to accept paper check deposits from merchants and mobile professionals via camera-equipped mobile phones."

]]> Mobile Banking Remote Deposit Capture Payments News Editor Wed, 01 Oct 2008 05:29:10 -0700 http://www.paymentsnews.com/2008/10/mitek-launches.html AFP: Main Street at Risk from Frozen Credit Markets http://feeds.feedburner.com/~r/PaymentsNews/~3/408202212/afp-main-street.html http://www.paymentsnews.com/2008/10/afp-main-street.html The Association for Financial Professionals late yesterday released findings from its latest 2008 AFP Short-Term Credit Access Survey indicating that "short-term credit markets have effectively seized up in recent weeks, causing companies to hoard cash and take defensive actions, including reducing capital spending, freezing hiring, considering layoffs, and delaying payments to their suppliers." 2008 AFP Short-Term Credit Access Survey indicating that "short-term credit markets have effectively seized up in recent weeks, causing companies to hoard cash and take defensive actions, including reducing capital spending, freezing hiring, considering layoffs, and delaying payments to their suppliers."

]]> Banking Industry Payments News Editor Wed, 01 Oct 2008 05:23:19 -0700 http://www.paymentsnews.com/2008/10/afp-main-street.html UK: APACS Announces Latest Card Fraud Losses http://feeds.feedburner.com/~r/PaymentsNews/~3/408190175/uk-apacs-announ.html http://www.paymentsnews.com/2008/10/uk-apacs-announ.html APACS has released its latest summary of card fraud statistics showing that total card fraud losses increased by 14 per cent in the six months to June 2008 compared with the first half of 2007. Total card fraud losses for this period were £301.7m, of which more than 40 per cent was the result of fraud outside the UK - which typically involves criminals using stolen UK card details at cash machines and retailers in countries that have yet to upgrade to chip and PIN. summary of card fraud statistics showing that total card fraud losses increased by 14 per cent in the six months to June 2008 compared with the first half of 2007. Total card fraud losses for this period were £301.7m, of which more than 40 per cent was the result of fraud outside the UK - which typically involves criminals using stolen UK card details at cash machines and retailers in countries that have yet to upgrade to chip and PIN.

]]> APACS Card Fraud Chip and PIN UK Payments News Editor Wed, 01 Oct 2008 05:04:46 -0700 http://www.paymentsnews.com/2008/10/uk-apacs-announ.html Headline News - October 1, 2008 http://feeds.feedburner.com/~r/PaymentsNews/~3/408180691/headline-news-.html http://www.paymentsnews.com/2008/10/headline-news-.html CFO Magazine: Cash, Credit, or Cell Phone? Washington Post: Remittances to Latin America Decline as Global Economy Sours New Report From Aite Group: And Besides Pricing…? What Drives Merchants to Sign Up With Merchant Processors The Payment Card Industry Security Vendor Alliance Marks Data Security Standard Update with New Board Members, Committees Discover Financial Services Recognized for Information Technology Innovation Citibank(R) Helps Customers Earn More Money with Highly Competitive Rates on Its Savings Products Multi-Million Dollar CEOs Teach Financial Literacy to Girls Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments...

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.

]]> Payments News - Headline News Payments News Editor Wed, 01 Oct 2008 04:51:44 -0700 http://www.paymentsnews.com/2008/10/headline-news-.html Understanding Risk Management in Emerging Retail Payments http://feeds.feedburner.com/~r/PaymentsNews/~3/407511948/understanding-r.html http://www.paymentsnews.com/2008/09/understanding-r.html The latest issue of the Economic Policy Review from the Federal Reserve Bank of New York includes the article "Understanding Risk Management in Emerging Retail Payments" by Michele Braun, James McAndrews, William Roberds, and Richard Sullivan. Understanding Risk Management in Emerging Retail Payments" by Michele Braun, James McAndrews, William Roberds, and Richard Sullivan.

]]> Emerging Payments Financial Regulators Payments News Editor Tue, 30 Sep 2008 11:33:57 -0700 http://www.paymentsnews.com/2008/09/understanding-r.html Intuit's Digital Insight Releases FinanceWorks http://feeds.feedburner.com/~r/PaymentsNews/~3/407254630/intuits-digital.html http://www.paymentsnews.com/2008/09/intuits-digital.html Intuit's Digital Insight unit has announced the availability of its FinanceWorks online financial management solutions for banks that "makes it possible for consumers to manage accounts across more than 5,000 financial institutions and credit card sites, ensure bills are paid on time regardless of the method they use to pay them, and see where their money is going, including future transactions. All this within the financial institution’s Web site." FinanceWorks online financial management solutions for banks that "makes it possible for consumers to manage accounts across more than 5,000 financial institutions and credit card sites, ensure bills are paid on time regardless of the method they use to pay them, and see where their money is going, including future transactions. All this within the financial institution’s Web site."

]]> Intuit Online Banking Payments News Editor Tue, 30 Sep 2008 06:10:49 -0700 http://www.paymentsnews.com/2008/09/intuits-digital.html Headline News - September 30, 2008 http://feeds.feedburner.com/~r/PaymentsNews/~3/407239737/headline-new-20.html http://www.paymentsnews.com/2008/09/headline-new-20.html TSYS Healthcare(R) and Paragon Benefits Sign Partnership Agreement with My Care CardSM Launch Bank Systems & Technology: Mobile Banking Just One of Many Successes for BankPlus, a Small Bank With Big Ambitions Freedom to Tinker: Popular Websites Vulnerable to Cross-Site Request Forgery Attacks NXP and Austria Card Enable Secure, Cashless Payments with Lufthansa Miles & More Credit Card Gasoline Gift Card Program to Directly Benefit U.S. Armed Forces and U.S. Veterans Electronic Payment Exchange's BuyerWall Extends Protection to Point of Sale Swipe Alliance Data Signs New Multi-year Agreements With Leading Outdoor Sporting Goods Retailer Gander Mountain Study Reveals Small Business...

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.

]]> Payments News - Headline News Payments News Editor Tue, 30 Sep 2008 05:49:47 -0700 http://www.paymentsnews.com/2008/09/headline-new-20.html Focusing on the Customer http://feeds.feedburner.com/~r/PaymentsNews/~3/406826621/focusing-on-the.html http://www.paymentsnews.com/2008/09/focusing-on-the.html A couple of points reflecting on today's carnage. First, the Innovest webcast this morning - before the failed vote in Congress - describing their analysis of credit card issuers and forecasting serious issues ahead for those credit card issuers who live for their delinquency oriented business models and exploitation of their cardholders vs. those issuers who are serious about having a repayment business model and work with their customers accordingly. Second, Thad Peterson's "What Now?" post tonight on his Banking on Customers blog. Thad reminds us that as "A.P. Giannini, the founder of Bank of America said, 'If an institution... First, the Innovest webcast this morning - before the failed vote in Congress - describing their analysis of credit card issuers and forecasting serious issues ahead for those credit card issuers who live for their delinquency oriented business models and exploitation of their cardholders vs. those issuers who are serious about having a repayment business model and work with their customers accordingly.

Second, Thad Peterson's "What Now?" post tonight on his Banking on Customers blog. Thad reminds us that as "A.P. Giannini, the founder of Bank of America said, 'If an institution becomes great, it is usually by the consent of the people it serves.' At this time, in this place, truer words were never spoken."

What do you think? Post a comment!

]]> Banking Industry Card Issuers Payments News Editor Mon, 29 Sep 2008 19:15:54 -0700 http://www.paymentsnews.com/2008/09/focusing-on-the.html Canada: RBC's Mobex Mobile Payment Service http://feeds.feedburner.com/~r/PaymentsNews/~3/406725976/canada-rbcs-mob.html http://www.paymentsnews.com/2008/09/canada-rbcs-mob.html Last week, RBC Royal Bank announced that it is testing a new service, RBC Mobex Mobile Payment Service, that "allows users to easily and securely send and receive money instantly using a text message on their mobile phone." RBC is doing several smart things here - announcing a new person-to-person service that's incrementally useful - not the "be all, end all" mobile payments service. They're making it easy to participate and doing some smart adaptive risk management too. The technology for the new service is being provided by paybox, a German mobile payments solutions company. Read on for details. RBC Mobex Mobile Payment Service, that "allows users to easily and securely send and receive money instantly using a text message on their mobile phone."

RBC is doing several smart things here - announcing a new person-to-person service that's incrementally useful - not the "be all, end all" mobile payments service. They're making it easy to participate and doing some smart adaptive risk management too. The technology for the new service is being provided by paybox, a German mobile payments solutions company. Read on for details.

]]> Canada Mobile Payments Money Transfer p2p - Person to Person Payments paybox Payments News Editor Mon, 29 Sep 2008 16:49:33 -0700 http://www.paymentsnews.com/2008/09/canada-rbcs-mob.html Analyst Forecast: Credit Cards to "Implode" http://feeds.feedburner.com/~r/PaymentsNews/~3/406540703/analyst-forecas.html http://www.paymentsnews.com/2008/09/analyst-forecas.html John Partridge writes for the Globe and Mail about a forecast by analysts at the research firm Innovest Strategic Advisors about credit card charge-offs ahead. Here's a link to the webcast on this subject on the Innovest web site. forecast by analysts at the research firm Innovest Strategic Advisors about credit card charge-offs ahead. Here's a link to the webcast on this subject on the Innovest web site.

]]> Credit Card Debt Counseling Credit Cards Payments News Editor Mon, 29 Sep 2008 12:36:58 -0700 http://www.paymentsnews.com/2008/09/analyst-forecas.html Blackhawk Network Expands Gift Card Malls into Staples Stores http://feeds.feedburner.com/~r/PaymentsNews/~3/406326250/blackhawk-netwo.html http://www.paymentsnews.com/2008/09/blackhawk-netwo.html Blackhawk Network has announced an "exclusive relationship with Staples, Inc., the world's largest office products company. Staples’ U.S. stores will now carry Blackhawk’s signature Gift Card Mall™ currently found in grocery stores such as Safeway. Blackhawk’s Gift Card Mall™ features over 300 of the best branded gift cards across a number of different categories including fashion, tickets, electronics, home and sports."

]]> Blackhawk Network Gift Cards Payments News Editor Mon, 29 Sep 2008 07:54:30 -0700 http://www.paymentsnews.com/2008/09/blackhawk-netwo.html Consumers Trust Online Payment Providers More Than Banks http://feeds.feedburner.com/~r/PaymentsNews/~3/406240485/consumers-trust.html http://www.paymentsnews.com/2008/09/consumers-trust.html Cisco's Internet Business Solutions Group has announced results of a survey finding that "important consumer segments such as baby boomers trust online payment providers more than they trust traditional banks." announced results of a survey finding that "important consumer segments such as baby boomers trust online payment providers more than they trust traditional banks."

]]> Banking Industry ECommerce Payments Payments News Editor Mon, 29 Sep 2008 05:59:44 -0700 http://www.paymentsnews.com/2008/09/consumers-trust.html Discover's Small Business Watch: Economic Confidence Falls Sharply http://feeds.feedburner.com/~r/PaymentsNews/~3/406225461/discovers-small.html http://www.paymentsnews.com/2008/09/discovers-small.html Discover Financial Services has announced that its Discover Small Business Watch fell to 74.6 in September, down 12.3 points from August. "Economic confidence among small business owners declined sharply in September amid rising concerns about economic conditions for their businesses and a bleak vision of where the economy is headed." Discover Small Business Watch fell to 74.6 in September, down 12.3 points from August. "Economic confidence among small business owners declined sharply in September amid rising concerns about economic conditions for their businesses and a bleak vision of where the economy is headed."

]]> Discover Payments News Editor Mon, 29 Sep 2008 05:38:14 -0700 http://www.paymentsnews.com/2008/09/discovers-small.html Firethorn Announces Reseller Relationship With Fifth Third http://feeds.feedburner.com/~r/PaymentsNews/~3/406220858/firethorn-annou.html http://www.paymentsnews.com/2008/09/firethorn-annou.html Firethorn Holdings has announced that "it has entered into an agreement with Fifth Third Processing Solutions to bring mobile banking services to its 2,880 financial institutions. As part of the relationship, Fifth Third Processing Solutions will offer Firethorn's products to its processing financial institution clients, leveraging existing integration and connectivity to deploy Firethorn's mobile application. Fifth Third Processing Solutions plans to make the service available to its financial institutions before the end of the year."

]]> Firethorn Mobile Banking Payments News Editor Mon, 29 Sep 2008 05:30:42 -0700 http://www.paymentsnews.com/2008/09/firethorn-annou.html Citigroup Inc. to Acquire Banking Operations of Wachovia http://feeds.feedburner.com/~r/PaymentsNews/~3/406212853/citigroup-inc-t.html http://www.paymentsnews.com/2008/09/citigroup-inc-t.html The FDIC has announced that "Citigroup Inc. will acquire the banking operations of Wachovia Corporation; Charlotte, North Carolina, in a transaction facilitated by the Federal Deposit Insurance Corporation and concurred with by the Board of Governors of the Federal Reserve and the Secretary of the Treasury in consultation with the President." announced that "Citigroup Inc. will acquire the banking operations of Wachovia Corporation; Charlotte, North Carolina, in a transaction facilitated by the Federal Deposit Insurance Corporation and concurred with by the Board of Governors of the Federal Reserve and the Secretary of the Treasury in consultation with the President."

]]> Citi Financial Regulators Wachovia Payments News Editor Mon, 29 Sep 2008 05:17:58 -0700 http://www.paymentsnews.com/2008/09/citigroup-inc-t.html Headline News - September 29, 2008 http://feeds.feedburner.com/~r/PaymentsNews/~3/406207657/headline-new-19.html http://www.paymentsnews.com/2008/09/headline-new-19.html paybox Brings Mobile Payment Technology to Canada Javelin Webinar: 2008 Expedited Payments Forecast (Oct 7, 2008 - 10-11 AM Pacific) New Report From Aite Group: Using Card-Based Bill Pay to Attract Engaged Consumers Forrester Research: Consumers Show Little Interest In Person-To-Person Lending by Brad Strothkamp Forte Financial Blog: The 25 Most Powerful Women in Banking 2008 BioPay Enrolled Consumer Base Passes 5-Million Mark GEICO Credit Union Successfully Implements US Biometrics' AccessQ - Biometric Access Control System The Bancorp Bank Partners with LeagueSafe to Offer Financial Tools to Fantasy Football Leagues Kiplinger.com: Card Issuers Tighten The Screws CashEdge Deploys GoldenGate Software's...

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.

]]> Payments News - Headline News Payments News Editor Mon, 29 Sep 2008 05:09:29 -0700 http://www.paymentsnews.com/2008/09/headline-new-19.html