Mozido Partners with Kabbani Associates
September 22, 2011

Mozido, (www.mozido.com), the cloud payment network that brings every mobile phone user into the financial ecosystem, announced today it has finalized an exclusive partnership with Kabbani Associates, leading experts on the payment and remittance industries, to bring mobile wallet solutions to Money Service Businesses. The...

Citi’s Global Transaction Services Launches CitiConnect®
September 22, 2011

Citi’s Global Transaction Services today announced the launch of its integrated enterprise connectivity solution, CitiConnect®. This new connectivity offering provides a wide range of connectivity options to meet clients’ unique business needs and provides greater choice and flexibility for integration with their back end systems...

Attorneys General Are CFPB Skeptics, Too
September 22, 2011

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BoA Pushes Credit on Consumers
September 22, 2011

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Main St. vs. Wall St. – Which Does Online Innovation Hurt Most? (Answer May Surprise...
September 21, 2011

San Diego was the host to WesPay’s annual payments forum this year, appropriately themed “Payments in Transition.” The ballroom at the Westin Hotel was packed, as members from the nation’s oldest and largest regional payments association gathered to soak up the latest and greatest on...

Next Jump Pioneers Loyalty Points Redemption
September 21, 2011

Next Jump, host of next generation shopping platforms adopted by MasterCard and most Fortune 1000 companies, is launching a program that allows its members, who earn proprietary WOWPoints™ on every transaction, to redeem their points in-store like cash at select designer boutiques including Diane von...

AmEx Gets 225+ Million Gamers – TechCrunch
September 20, 2011

TechCrunch is reporting that American Express has acquired Sometrics, an in-game payments provider and virtual currency platform, in a deal worth $30 million. “Both parties declined to reveal further details about the split between cash and stock,” adds TechCrunch. “Sometrics will become part of the Enterprise...

Citi Deluges US with Credit Card Offers
September 20, 2011

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Will You Lose Your Job Due to Dodd-Frank? Legal Expert Predicts Banks’ Next Move
September 20, 2011

Bank of America, the nation’s biggest bank, announced last week that 30,000 jobs will be cut. CEO Brian Moynihan said bank is aiming to lower consumer business expenses by $5 billion annually. The Wall-Street Journal later published an opinion piece that asserted “these layoffs are...