On the web:

• BC Global Looms as Alternative to Visa For Korean Buyers - Korea Times
• Dwolla Raises $5m Series B Round led by Union Square Ventures (Video) - Silicon Prairie News
• Accel, SV Angel, Y Combinator Put $1.5M In Online Bank Payments Platform GoCardless - TechCrunch

On the wires:

• Text2Pay Mobile Payments Wizard - Easy as 1 2 3!
• mopay and paymentez Forge Strategic Mobile Payments Partnership
• The Perfect Pairing: Wine Enthusiast Uncorks eGift Card Program
• CoVantage Credit Union Deploys Tyfone Mobile Wallet Services to Its Members
• Transcepta Procure-to-Pay Network Selected to Simplify Accounts Payable for Manheim

On the web:

• Citigroup Confirms $2.7 Million Stolen by Hackers - Wall Street Journal
• NFC Market Trial Fails, Says ANZ Bank - ZDNet Australia
• Banking Industry Now Seeking Swipe Fee Implementation Delay - Convenience Store News
• Bank Lobbyist To Fed: Go Easy On Us - Forbes
• How Debit Card Swipe Fee Changes Will Cost You, the Consumer - TIME.com
• What Are You Signing Away With a Signature Instead of a PIN? - Portals and Rails
• Spat between Visa and China UnionPay spills into BC Card in Korea - ChinaDaily.com
• PayPal Hits 100 Million Active Users - TechCrunch

On the wires:

• Paymate Acquires ACT Merchant Services
• CashPlus: Prepaid MasterCard Helping Councils to Cut Costs
• ViVOtech Closes $24 Million In Additional Series C Funding
• ActivePath Drives Paperless Adoption in Brazil for Global Top 3 Credit Card Issuer

On the web:

• South Korea Announces Major Push on Open NFC Payment Services - Reuters
• Thieves Found Citigroup Site an Easy Entry - New York Times
• Mobile Payments and Mental Accounting - TIME.com
• The Tuesday Podcast: Inside The Credit Card Black Market - NPR Planet Money

On the wires:

• NFC Over-the-Air and Over-the-Wire Provisioning Patent Awarded to Tyfone
• Mexico Banking Leader BBVA Bancomer Orders 10,000+ Hypercom Optimum Payment Systems
• SafetyPay Selected By BorderJump as Preferred Payment Solution for Cross Border Transactions
• Retail Decisions (ReD) Launches Truly Multi-Lingual Fraud Prevention
• FICO Will Protect 1 in 3 German Credit Cards from Fraud
• AisleBuyer Raises $7.5 Million in Series E Round

On the wires:

• Moneris Solutions Adds ThreatMetrix Device Identification Capabilities to Its Online Merchant Fraud Protection
• HID Global Delivers First Gift Card Issuance Project to Major Retailers in Korea
• Multiband, InterceptEFT Announce Partnership for Customer Payment Processing
• Radiant Systems Launches Additional Security Services to Help Restaurant and Retail Operators Protect Consumer Data

On the web:

• MSNBC: The Death of the Magnetic Stripe Credit Card (EMV story)
• New York Times: Debit Card Fees Bring Lobbyists to Capitol Hill
• Gov Info Security: EMV Roots Go Deep in Europe (Interview)
• Inside Facebook: Facebook Helps Sell Digital Media with Credits: Challenges and Opportunities
• ReadWriteWeb: NFC in 2011: Who's Building Your Mobile Wallet?

On the wires:

• Vesta and Jibe Mobile Deliver Integrated Mobile Payments Application
• Banks Launch Integrated Mobile Banking Solution from First Data
• VeriFone’s VeriShield Total Protect Integrated with ISD’s Card Data Security Suite
• iSmartCheck Identifies Why Merchants Need to Add Electronic Checks to Their Payment Options
• Naked Facts Report: QR Code Use Explodes by 1200% in the Last Half of 2010

On the web:

• BAI Banking Strategies: Crossing Borders with ACH
• Bank Systems & Technology: Debit Card Fee Caps May Be No Big Deal
• Wall Street Journal: KT to Become Largest Stakeholder in BC Card in Korea
• Inside Mobile Apps: Android Opens Up More NFC Access for Developers
• RCR Wireless: DoCoMo and KT announce NFC Joint Venture in Asia/Pacific
• RFP Connect: Ukash Extends Its Presence into Brazil and Argentina
• Wall Street Journal: Chargebacks Create Small-Business Headaches
• WebProNews: PayPal Digital Goods Payment Product Released

Headline News is compiled by Glenbrook Partners:

• Verifi Partners with Demandware to Provide Risk Management for Online Retailers
• New Aberdeen Report: Retailers Embrace Mobile Point of Sale Systems for Consumer Engagement, Interactivity, and Revenue
• Industry Speakers Highlight MRC's 2011 Annual Conference Agenda
• New Aite Group Report: The Less-Cash Society - Forecasting Cash Usage in the United States

• Reuters: South Korea Promotes Credit Cards with 'Green Credits'

Discover Financial Services has announced an agreement with BC Card, a Korean payment network, that will enable BC Card cardholders to utilize the Discover, Diners Club International and PULSE networks for international purchases and cash access outside of Korea. READ MORE »