Upcoming Conferences

6th Annual Mobile Banking & Commerce Summit
June 10-12, 2012
Westin St. Francis
San Francisco, CA

7th Annual Underbanked Financial Services Forum
June 13-15, 2012
Westin St. Francis
San Francisco, CA

  • Prospecting For Payments Gold A Rough Task In An Era Of Regulation, New Technologies

    PaymentsSource | May 16, 2012

    ORLANDO–Banks want to strike gold again in payments, but they are still struggling to figure out which river to pan.

  • PayPal's Marino: Company Has The Assets And Relationships For Multiple Payment Options

    PaymentsSource | May 15, 2012

    As PayPal Inc. continues to make announcements about what it believes to be groundbreaking payments developments, the online-payments provider and unit of eBay Inc. has earned a certain measure of respect.

  • Healing In Merchant-Issuer Rift Could Take ‘A Long Time’

    PaymentsSource | April 4, 2012

    Two weeks before bitterly contested regulations regarding its debit cards went into effect in the fall, MasterCard Worldwide threw a party in New York. The company wanted to trumpet its commitment to the newest technology in payments, including a role in the about-to-launch Google Wallet, which lets a handful of eligible consumers buy chewing gum or bottled water by waving their smartphones around. Executives at the event were determinedly festive.

  • Transit And Open-Payment Platforms: The Wait Is (Nearly?) Over

    PaymentsSource | April 2, 2012

    There’s a train pulling into the station, and it’s right on time. Some of America’s largest transit agencies have begun to switch their fare systems from closed, proprietary technologies to open electronic-payment platforms similar to retail point-of-sale systems. Through such systems, commuters may pay with their regular debit or credit cards, including contactless cards and NFC phones.

  • BofA Let Collectors Sue Over Potentially Inaccurate And Paid Card Debts

    PaymentsSource | March 30, 2012

    Bank of America Corp. has sold collections agencies rights to sue over credit card debts that it has privately noted potentially were inaccurate or already repaid.

  • Plastic Cards In No Danger Of Leaving Us Soon, Experts Agree

    PaymentsSource | March 29, 2012

    With mobile-payment technology advancing seemingly at the speed of a mobile payment itself, one has to wonder how long it might be before consumers wouldn’t need, or even possess, plastic cards to conduct transactions. [FREE]

  • Data-Breach Forecast: Danger Lurks For Largest, Smallest Companies

    PaymentsSource | March 23, 2012

    Organizations are getting better at surviving data breaches, but the risks of experiencing a major incident are as high as ever.

  • How A Whistleblower Halted Chase's Card Collection

    PaymentsSource | March 16, 2012

    When Linda Almonte showed up for work on Nov. 30, 2009, she was escorted out the door by security at JPMorgan Chase & Co.’s' Credit Card Litigation Support Group in San Antonio. A midlevel Chase executive who oversaw business-process execution employees, Almonte says she was fired after just six months on the job for challenging her superiors about the accuracy of the bank's credit card records.

  • A Look Behind Chase’s Card-Collections That Generated An OCC Probe

    PaymentsSource | March 13, 2012

    JPMorgan Chase & Co. took procedural shortcuts and used faulty account records in suing tens of thousands of delinquent credit card borrowers for at least two years, current and former employees say. The alleged process flaws sparked a regulatory probe by the Office of the Comptroller of the Currency and forced the bank to stop suing delinquent borrowers altogether last year.

  • Fraud Protection In Layers, But How Many?

    PaymentsSource | March 9, 2012

    Every data-security and fraud-prevention vendor or payments-industry analyst offers similar advice to banks and merchants about protecting customer card data and personal information.

  • GoPago Vision Translates Into A Perfect Pitch For Chase

    PaymentsSource | March 1, 2012

    When a business contact at JPMorgan Chase & Co. encouraged GoPago Inc. CEO Leo Rocco last summer to share the vision of his small mobile-payment technology company with bank executives, Rocco jumped at the chance. [FREE]

  • Updated: Discover’s Nelms Calls Prepaid's Economics ‘Sketchy’

    PaymentsSource | February 23, 2012

    Bankers might still be waiting for Discover Financial Services to mount a credible challenge to meganetworks Visa Inc. and MasterCard Worldwide, but the smaller credit card company has been frying other fish in the meantime. Since the height of the financial crisis, Discover has managed to thrive despite increased regulation, intensifying competition, consumer debt fatigue, and the rise of mobile payments and other disruptive technology. …

  • Discover’s David Nelms Succeeding With A Credit Card Runner-Up

    PaymentsSource | February 22, 2012

    The chief executive of Discover Financial Services is facing new regulatory challenges and has struggled to grow the network business. But he says his efforts to be “almost as good as MasterCard and Visa” seem to be working.

  • With Potential For ‘Explosive Solution,’ Industry Casts Eye On Cisero’s PCI Case

    PaymentsSource | February 17, 2012

    At first glance, it comes across as a potential no-win situation. How can owners of a small restaurant in Park City, Utah, stand up to a large bank and card-processing company in a court of law, claiming funds were taken from them without their knowledge to cover fines for alleged Payment Card Industry data security compliance violations?

  • ATMs Fast Becoming Interactive Tellers, With Payments On The Side

    PaymentsSource | February 9, 2012

    The option to make dinner reservations and simultaneously invite guests while withdrawing cash for the night out is coming soon to an ATM near you.

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