Upcoming Conferences
7th Annual Mobile Banking and Commerce Summit
June 3-5, 2013
InterContinental Miami, Miami, FL
8th Annual Underbanked Financial Services Forum
June 5-7, 2013
InterContinental Miami
Miami, FL
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Sandy's Effect on Retail Payments: $4 Billion in Lost Sales
PaymentsSource | November 7, 2012Hurricane Sandy reduced U.S. retail sales in the northeast by about $4 billion last week, according to MasterCard Advisors SpendingPulse.
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ATM Operators Fight to Stay out of Swipe Fee Settlement
PaymentsSource | November 7, 2012Independent operators of automated teller machines want to make sure they don't get lumped together with the nation's retailers in the ongoing wars over interchange fees.
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CreditCall Offers UK EMV-Card Knowledge to U.S. Issuers
PaymentsSource | November 7, 2012For CreditCall, the slow pace of the U.S. shift to the EMV standard is fast becoming an opportunity.
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BillMyParents Adds a Board Member
PaymentsSource | November 5, 2012Brian Thompson, senior vice president at the finance consultant Equity Dynamics Inc., is joining the board of prepaid card provider BillMyParents.
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'Angry Birds' Target the Prepaid Card Market
PaymentsSource | November 5, 2012The popular mobile-phone game Angry Birds is once again helping a new payments product take flight, with the introduction of a prepaid card with designs based on the game's theme.
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For Issuers, a Slow Approach to EMV-Chip Cards is a Big Risk
PaymentsSource | November 5, 2012Issuers and merchants have heard the card brands’ pitch that without EMV smart card adoption in the U.S., fraudsters will flock to this country because it will become a weak link in the data security chain.
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Disruption Boosts Business, Adds Challenges for Heartland and Others
PaymentsSource | November 1, 2012Though Heartland Payment Systems claims its “Durbin Dollars” debit-pricing campaign contributed to its most profitable quarter ever, the processor is also encountering the limitations of that model at a time when many new technologies threaten to disrupt the way the payments industry does business.
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Diebold Profits Drop 58%, Scraps Plans to Build New HQ
PaymentsSource | October 25, 2012Diebold indefinitely suspended its plans to construct a new global headquarters in Ohio, an apparent casualty of the ATM manufacturer's struggling performance that it attributed to business delays in North America and Brazil.
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BlueBird and Liquid Prepaid Cards Don't Scare NetSpend's CEO
PaymentsSource | October 25, 2012Walmart's Bluebird account — which the retailer is launching with American Express — and JPMorgan Chase's Liquid prepaid card are both potential disruptors that threaten conventional prepaid card companies' profits.
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ATMs May be Top Targets for Crime: Verizon Report
PaymentsSource | October 25, 2012Banks looking to reinforce their defenses against data theft may want to start with their automated teller machines.
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Visa Plays It Safe and Smart with New CEO
PaymentsSource | October 24, 2012Longtime banker Charlie Scharf seems like the safe choice to lead Visa. But for the world’s largest payments network, safe is usually smart.
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Fraudsters Target PIN Pads in Barnes & Noble Breach
PaymentsSource | October 24, 2012Barnes & Noble has informed federal law enforcement authorities that "a sophisticated criminal effort" has potentially exposed customers' credit and debit card information to hackers who tampered with PIN pad devices at 63 of its stores.
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BillMyParents Promotes eGifts for Prepaid Users and Dabbles in Donations
PaymentsSource | October 24, 2012Stepping into two unusual places, the eGifting space and the online greeting card market, BillMyParents designed a patent-pending virtual greeting card that multiple users can sign and attach money to.
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Better ATM Launches System for Dispensing Prepaid Cards at ATMs
PaymentsSource | October 23, 2012After months of testing a method by which ATMs can dispense prepaid cards, Better ATM Services is rolling out the service to all of its clients.
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Visa, Chexar Expand Ability for Prepaid Cards to Accept Checks
PaymentsSource | October 23, 2012Visa and Chexar Networks are testing a mobile application that allows prepaid card users from multiple issuers to remotely deposit checks to their Visa prepaid accounts.
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