Cashing Business Acquired in Management Buy Out
HERNDON, VA (March 5, 2008) Phoenix Check Cashing, Inc. announced that it has completed the purchase of the BioPay Paycheck Secure business from Solidus Networks / dba Pay By Touch. Pay by Touch experienced severe financial problems after acquiring Pay By Touch in 2006 and decided to sell several […]

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Las Vegas, NV – BAI Retail Delivery Conference and Expo – November 14,
2007— ClairMail, Inc., the leader in 2-way mobile phone-based customer
interaction, and mFoundry, the leading provider of mobile financial services,
today formally announced a strategic partnership at the BAI Retail Delivery
Conference & Expo. The two companies are teaming up to offer the industry’s
most comprehensive mobile […]

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High Definition Printing now available for instant issuance of financial cards
By BusinessWire
MINNEAPOLIS, BUSINESS WIRE — Fargo Electronics, Inc., a global leader in secure technologies for card […]

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By Victoria Shannon
 

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Sunday, November 11, 2007
PARIS: Don’t look now, but the French are in the technology vanguard again. A dozen major companies have opened the largest trial outside of […]

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Wednesday November 7, 8:01 am ET

Americans’ Credit Card Debt Grew by 315 Percent-to $876 Billion-Since 1989; Families Depleting Home Equity to Cope
NEW YORK–(BUSINESS WIRE)–American families are using credit cards to bridge the gaps created by stagnant wages and higher costs of living and balances have grown […]

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By RACHEL BECK, The Associated Press
Published: November 7, 2007
NEW YORK - The malaise in the mortgage market is starting to spread to credit-card and auto loans in what one analyst has dubbed consumer credit “contagion.” It’s an ominous warning signal for the economy.
Many of the nation’s big banks and credit-card companies have begun acknowledging that […]

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MasterCard Worldwide member banks have issued 19 million PayPass-enabled cards and tokens accepted at more than 55,000 merchant locations, including vending machines worldwide. But some panelists during the EFT Network Showcase at the ATM, Debit & Prepaid Forum earlier this month in Carlsbad, Calif., expressed doubts about PayPass’ viability, Card Technology’s sister publication CardLine Global […]

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2007-10-24 20:18:41 -
- SSPR Heather Kelly, 800-287-2279 heather@sspr.com ViVOtech, the leading provider of contactless Point of Sale terminals and NFC software technologies, today announced its ViVOnfc Suite 2.0 infrastructure software for Near Field Communication (NFC) mobile phone payments and promotion applications has been selected as a finalist in the best software category for the prestigious […]

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Michael Arrington
87 comments »
Yesterday came news that Microsoft invested $240 million into Facebook, valuing the company at $15 billion.
How much is $15 billion? It’s hard to understand how much money that really is. But this evening a friend helped put it into perspective in a conversation about the deal: among the pure-play U.S. Internet companies, […]

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(October 10, 2007) The already competitive world of electronic bill payments heated up this week with the announcement that wire-transfer leader The Western Union Co. and payment-technology provider Yodlee Inc. together will provide online bill-payment services, including expedited bill payments. Their pitch: direct access to more than 4,000 utilities, financial institutions, mortgage companies, insurers, and […]

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