No major changes, but clarifications have been made to the broadly adopted card data security standards. General manager Bob Russo urges banks to find all credit card data in their network and monitor their logs.
J.P. Morgan announces executive appointments for Treasury & Securities Services Business: Donald McCree heads Treasury Services; Tom DuCharme and Claudia Slacik named regional CEOS; Dan Taylor joins bank as Executive Director on Global Market Infrastructure team.
San Jose, Calif.-based Internet payments company PayPal is touting its person-to-person payments capabilities as a check-killing service that could help financial institutions break into the personal mobile payments space.
A little more than half of consumers who are interested in the ability to make mobile payments from their cell phone would consider leaving their bank for one that gives them that capability, according to research commissioned by Redwood City, Calif.-based mobile payments provider Obopay