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U.S. Bank's Payments Chief Pamela Joseph Plans to Retire
Pamela Joseph, U.S. Bancorp's vice chair of payment services and a ten-year veteran of the Minneapolis-based bank, plans to retire in mid-2015.
Pamela Joseph
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Mere days after disclosing that Google Inc. purchased Softcard's technology and intellectual property, the telcos' mobile wallet venture began publically disclosing its plans to shut down. more »
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Boku has released a new, cross-platform carrier billing payment technology that is designed to mimic a credit card payment. more »
Apple Pay has begun its foray into airlines, deploying about 3,500 iPad minis that can accept mobile payments, but it is making a slow approach to the industry. more »
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Merchants opposed to the U.S. migration to EMV-chip cards have long questioned whether the security benefit is worth the expense of putting in new payment terminals. American Express is taking some of the cost out of the equation, but even this move might not be enough to bring most merchants on board. more »
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Bluefin Payment Systems, a technology vendor based in Georgia, will provide mobile point-to-point encryption technology to Infinite Peripherals, a point of sale system provider. more »
Guy Chiarello, president of First Data.
First Data is releasing new services that stem from a strategic shift that followed the company's restructuring over the past year. more »
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Opinion
Selling offshore requires proper planning, careful selection of service providers, and a thorough understanding of each new market. But each international market represents a chance to add customers and increase revenue. more »
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Prepaid card and ATM management company Meta Payments has reached a partnership with Ubiquity Global Services to manage customer service and other customer management. more »
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Opinion
The mobile point of sale (mPOS) market is growing quickly—ABI Research says about 46% of the overall point of sale market will be mobile in four years. But the technology is complex, requiring a careful strategy. more »
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Banks and processors often avoid small direct response businesses out of risk concerns, though the category fits right into EVO Payments International's multi-media sweet spot. more »
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The big antitrust ruling against American Express could set off a price war that squeezes all payment card networks -- not just Amex -- as well as card-issuing banks. more »
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When American Express forbids businesses from asking customers to use lower-cost credit cards, it's breaking U.S. antitrust law, a federal judge ruled. more »
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ISOs and agents are learning the power of merchant cash advances for differentiation, profit and retention. We explore that potential in this issue and also offer advice on whether to offer merchants an advance or a loan. Meanwhile, we look into vending machines as an opportunity for ISOs and conduct an inquiries into how ISOs and agents can nudge retailers toward data security. Last but not least, we urge ISOs to keep up with technology so that they can keep their clients informed.
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