Upcoming Conferences
17th Annual Best Practices in Retail Financial Services Symposium
March 11-13, 2012
Boca Raton Resort & Club
Boca Raton, FL
24th Annual Card Forum & Expo
May 8-11, 2012
Omni Orlando Resort at ChampionsGate
Orlando, FL
6th Annual Mobile Banking & Commerce Summit
June 10-12, 2012
Westin St. Francis
San Francisco, CA
Today in Payments
-
Consumer Mistrust In E-Commerce Found To Be Fueled By Overprotection
PaymentsSource | January 27, 2012To skeptics, fraud dangers lurk around every corner in the online shopping world. Regardless of whether such fears are justified, consumers generally accept the notion that online shopping is risky business.
-
Shazam, Adaptive Payments Move PIN Debit Into Mobile Payments
PaymentsSource | January 27, 2012A consumer using a PIN-debit card generally can count on a relatively high level of security and low level of technical problems associated with processing the transaction. Those have been the strong links in PIN-debit networks’ chain for years. [FREE]
-
Starbucks CEO: Mobile Payment Signals ‘Seismic Change’ In Consumer Behavior
PaymentsSource | January 27, 2012One of the biggest champions of mobile payments so far comes from an unlikely sector–the coffee industry. [FREE]
-
FIS's Bank-Customer Base Provides Processor A Mobile-Payments Edge
PaymentsSource | January 27, 2012A move by Fidelity National Information Systems Inc., or FIS, to offer mobile-wallet technology to banks shakes up a mobile-payments market that's already includes a volatile mix of heavy hitters in the telecommunication, bank and Web spaces, bringing more complexity to a market that has yet to coalesce around a dominant delivery model. [FREE]
-
Green Dot To Launch Bank Account This Year
PaymentsSource | January 27, 2012Green Dot Corp. will introduce a bank account with a traditional debit card attached to it later this year, Steve Streit, the company's chief executive and founder, said in an interview Jan. 26.
-
Tele-Fraud Hits Australia’s Hotel Loyalty Card Programs
PaymentsSource | January 27, 2012Australia’s hotel industry association is warning consumers of a new credit card scam targeting major hotel chains operating in the country.
-
Aussies Reducing Credit Card Use As They Target Their Debt
PaymentsSource | January 27, 2012In what could be worrying news for card issuers in Australia, new survey data suggest about 32% of the country’s households last year fell behind financially, which affected their credit card use.
-
Alliance Data Signs Contract Renewal With Reeds Jewelers
PaymentsSource | January 27, 2012Alliance Data Systems Corp. has renewed its agreement to provide private-label credit card services to retailer Reeds Jewelers, the private-label processor announced Jan. 26.
-
Discover Facing FDIC, Consumer Bureau Enforcement Action On Payment Protection Plans
PaymentsSource | January 27, 2012Discover Financial Services is bracing for a joint enforcement action from the Federal Deposit Insurance Corporation and the Consumer Financial Protection Bureau over the marketing of its credit card payment protection products, the company disclosed in a regulatory filing Jan. 26.
-
Aggregation Could Help Philadelphia Transit Avoid High Debit-Interchange Rates
PaymentsSource | January 26, 2012Vending machine companies aren’t the only ones concerned about how new debit interchange fees will affect small-ticket purchases. Transportation agencies moving toward contactless card or mobile-based payments for fares could certainly join that mix, considering many of their customers spend less than $10 per ride.
-
MasterCard Testing Mobile Payment System In Australia
PaymentsSource | January 26, 2012MasterCard Worldwide is testing a mobile-payments system in Australia that lets the user choose whether to use a bar code or an embedded payment chip. [FREE]
-
U.S. Bank, Citi Top Evaluation Analysis For Credit Card Website Experience And Speed
PaymentsSource | January 26, 2012For credit card issuers, determining what on their websites frustrates consumers and what magic combination of factors lead prospects to successfully apply online is a complex science.
Advertisement
Viewpoints
-
Small Banks Should Take A Page From Citi's Rewards App
PaymentsSource | January 27, 2012Earlier this month, Citi announced the expansion of its popular "thankyou" program with a new Facebook app. If the number of likes (185,000 and counting) on Citi's page is any indication, it appears Citi has found a compelling way to engage its youngest and most fickle customers in the place they spend most of their digital time.
-
Why Do Prepaid Debit Cards Have Such a Bad Rap?
PaymentsSource | January 26, 2012I naively thought that Suze Orman's new prepaid offering, the Approved Card, would help turn the tide of negativity. Instead, it has had the opposite effect, creating a seemingly endless echo chamber about the evils of prepaid.
Departments
Credit
Debit
Processing
Merchant Acquiring
Regulation
A Closer Look
An Uptick In Card Loan Losses Ahead?
Some Issuers May See Charge-Offs Rising
Loss rates appear set to bounce off record lows.
Advertisement
Feature Articles [View More]
Advertisement
Reports and Papers [View More]
Advertisement
- North Carolina AG Bans Law Firm From Debt-Relief Work
- PayPal Tests Its Point-Of-Sale System At Office Depot
- BofA Tests 'BankAmeriDeals' Merchant-Funded Rewards
- Views On U.S. EMV Migration Progress Are Mixed
- Some States Eliminate Paper Check Tax Refunds, Introduce Debit Cards
- Credit Card Issuers Said To Be Testing Variety Of New Fees
- NCR Offering A Cloud-Based Mobile-Payments Option
- Smaller Banks Using Rewards To Capitalize On Debit Interchange Cap Exemption
- TSYS Q4 Revenue Gains Overshadow Eventual Green Dot Loss
- Aggregation Could Help Philadelphia Transit Avoid High Debit-Interchange Rates
- BofA Tests 'BankAmeriDeals' Merchant-Funded Rewards
- Aggregation Could Help Philadelphia Transit Avoid High Debit-Interchange Rates
- Smaller Banks Using Rewards To Capitalize On Debit Interchange Cap Exemption
- The Federal CARD Act Applies to Loyalty and Promotional Offers: What You Need to Know!
- FIS's Bank-Customer Base Provides Processor A Mobile-Payments Edge
- UniRush Lowers Prepaid Card Fees, Makes Bill-Pay Free
- Voice Biometrics Poised For A Bigger Role In Fraud Prevention
- In Prepaid, It Helps To Own The Technology
- Credit Card Issuers Said To Be Testing Variety Of New Fees
- TCF Earnings Fall On Lower Debit-Interchange Revenue