On the web:

• UK Company Offers Mobile Wallet Fraud Insurance - NFCNews
• Mobile Banking Changes Everything, or Nothing - NetBanker
• Struggling Nokia to Roll Out 'Mobile Money' Service to Revive Fortune - The Economic Times
• MasterCard to bring NFC payments to Georgia - NFCNews

On the wires:

• Renasant Bank Joins the Secure Vault Payments Network
• U.S. Bank and SkoreIt! Introduce Co-Branded Visa Gift Card for Penny Auction Bidders
• Admeris Partners With Omnego to Deliver Secure Mobile Payments on Leading Mobile Wallet Platform
• Lending Club Announces $25 Million Round Led by Union Square Ventures
• New Mercator Report on Prepaid as Best Bet for Financial Inclusion
• Cardtronics Buys LocatorSearch to Enhance Convenience Marketing Capabilities

Lending Club and PerkStreet Financial have announced the launch of a 'Shred Your Credit Card' contest.

The contest inspires consumers to end the cycle of credit card debt once and for all by destroying their credit cards. Rewards of up to $1,000* will go to the contestants who devise the most creative way to destroy their credit cards and share the video. Entries can be submitted and viewed at www.shredyourcreditcard.com.

* All prizes will be paid with Visa Gift Cards, terms and conditions apply.

Lending Club has announced closing a $24.5 million investment round led by Foundation Capital with participation by existing investors Morgenthaler Ventures, Norwest Venture Partners and Canaan Partners. READ MORE »

LendingClub.com, a peer lending network that brings together investors and creditworthy borrowers, has announced that it has closed a $12 million Series B round of funding. Morgenthaler Ventures led the round and is joined by existing investors, Norwest Venture Partners and Canaan Partners. Rebecca Lynn, a Morgenthaler Principal, is joining Lending Club’s board of directors. READ MORE »