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Global payment stakeholders may get lost without a common 'language'

Kate Risch Choi

Senior Product Manager
BMO Harris Bank

With the right focus and a little bit of pre-work, many companies can leverage ISO 20022 as the new global standard, writes Kate Risch Choi, a senior product manager for treasury and payment solutions at BMO Harris Bank.

Durbin repeal's halted for now, but the merchant fight goes on

Mark Horwedel

CEO
Merchant Advisory Group

Banking lobbies are still opposed to the Durbin Amendment, which would hurt a free market, writes Mark Horwedel, CEO of the Merchant Advisory Group.

Competing currencies drive innovation more than central bank control

Eric Grover

Principal
Intrepid Ventures

As payments guru David Birch notes, multiple currencies spur competition and innovation, and can reduce stagnation, writes Eric Grover, a principal at Intrepid Ventures.

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The Latest

Amex charged higher rates and fees in U.S. territories, CFPB says

American Express charged higher interest rates and annual fees to cardholders in Puerto Rico, the U.S. Virgin Islands and other U.S. territories than in the U.S., the CFPB said Wednesday.

Enforcement actions Kate Berry 1h ago

Enforcement actions Kate Berry 1h ago
OCC seeks dismissal of New York fintech charter challenge

The Office of the Comptroller of the Currency is seeking to scrap a challenge to its fintech charter by New York’s bank regulator.

Fintech regulations Lalita Clozel 3h ago

Fintech regulations Lalita Clozel 3h ago
8.23.17: Your morning briefing

Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Google adds Walmart to voice ordering; PayPal expands gaming payments; Klarna examines young shoppers' habits; Standard Chartered teams with Chinese airline.

Briefing John Adams 7h ago

Briefing John Adams 7h ago
PayThink Global payment stakeholders may get lost without a common 'language'

Kate Risch Choi
Senior Product Manager BMO Harris Bank

With the right focus and a little bit of pre-work, many companies can leverage ISO 20022 as the new global standard, writes Kate Risch Choi, a senior product manager for treasury and payment solutions at BMO Harris Bank.

PayThink Conference August 23

PayThink Conference August 23
Payroc adds mobile payment acceptance via app, card readers

Payroc has introduced a mobile acceptance program leveraging iTransact, a Utah-based mobile payments technology firm it acquired last year.

Mobile point-of-sale Kate Fitzgerald August 22

Mobile point-of-sale Kate Fitzgerald August 22
India’s central bank extends mobile payments promotion for merchants

The Reserve Bank of India will continue incentivizing merchants and consumers to move away from cash following last year’s demonetization of 80% of bills in circulation, including extending terms of a cash-back promotion for merchants.

Mobile payments Kate Fitzgerald August 22

Mobile payments Kate Fitzgerald August 22

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8 times payments clashed with politics

The simple act of moving money can have a big impact on any political movement, so banks and payment networks are often caught up in issues of national importance. Here are some recent instances where payments and politics came head-to-head.

7 rumored iPhone 8 payments features

With this year's iPhone announcement getting closer, more rumors are spreading about how Apple plans to overhaul the way its phones handle payments. Some of these have already been confirmed by Apple; others are leaking in code the company has released.

7 ways to reinvent the plastic card

From gold plating to silicon guts, the plastic card is not what it used to be. Here are some of the most ambitious attempts to make credit and debit cards relevant in a high-tech world.

Resources

Web Seminar The compliance/usability conundrum for digital onboarding and payments

Balancing the competing needs of compliance against the expectations of today’s digital native customers is no easy task.

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Mobile banking
White Paper The key ingredients to a successful omni-channel banking strategy

Download this white paper to learn how to stay competitive by embracing an omni-channel banking strategy.

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Online banking July 31
White Paper Encashing the data currency: Banking on analytics

Download this white paper to learn how to analytics are making retail banks more customer friendly, safe and efficient.

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Online banking July 31
White Paper The FinTech revolution: Onslaught or opportunity?

Download this white paper to learn how banks are prioritizing tech considerations in the FinTech revolution.

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Online banking July 31

See all Resources

Heavyweight vendors enter digital ID fray for retailers, banks

PayThink EMV contains a key that unlocks contactless payments

In Brief

PayThink

Global payment stakeholders may get lost without a common 'language'

Kate Risch Choi

Durbin repeal's halted for now, but the merchant fight goes on

Mark Horwedel

Competing currencies drive innovation more than central bank control

Eric Grover

The Latest

Amex charged higher rates and fees in U.S. territories, CFPB says

OCC seeks dismissal of New York fintech charter challenge

8.23.17: Your morning briefing

PayThink Global payment stakeholders may get lost without a common 'language'

Kate Risch Choi

Payroc adds mobile payment acceptance via app, card readers

India’s central bank extends mobile payments promotion for merchants

In Pictures

8 times payments clashed with politics

7 rumored iPhone 8 payments features

7 ways to reinvent the plastic card

Resources

PaymentsSource

In Brief

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