The project also helps sari-sari stores gain access to loans, with capital provided by the Center for Agriculture and Rural Development, or CARD, a microfinance institution that has partnered with the Hapinoy program.

WSJ: Microloans Target Shopkeepers

The other exciting development is not just the card themselves, but the capabilities of the SD card slot that is appearing on devices like the Palm m500 and m505.

FORBES: Ten O'Clock Tech: Stamp-Sized Storage

Drucker previously founded Steal Card, a software development company focused on creating web-based applications for insurance companies that was purchased by ChoicePoint in 2006 for an undisclosed sum.

FORBES: Creepy Start-Up Or Sign Of The Times?

Real estate commercial and development loans fell 8% and credit card balances dropped 3.5%.

FORBES: Despite Rebound from '09 Losses, Bank Profits Still Hampered by Crisis

He was directly involved in the development of one of the first sports reward credit card operations, which is now known as the NFL Extra Points Rewards Program.

FORBES: United MileagePlus Partnership Opens Vast Membership To Sporting And Entertainment Events

First of all, you'll note that's MeeGo on this screen, not the droid we were looking for, but that's because the development kit can switch between operating systems by merely swapping out the microSD card.

ENGADGET: Aava Mobile reveals Virta 2 smartphone development kit, we go hands-on

The development is a consequence of last year's Dodd-Frank law that included a cap on merchant debit-card fees, known as interchange.

WSJ: Debit-Card Fee Cap Has Nasty Side Effect