ISO&Agent's annual tech issue focuses on the trends shaping the payments industry. This year's issue takes stock of the U.S. shift to EMV payment cards. To get the magazine, please contact Customer Service at email@example.com or 212-803-8500
October 23, 2016 - October 26, 2016, The Venetian, Las Vegas, NV Money20/20 is the world's biggest, boldest and best event covering payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology.
January 31, 2017 - February 3, 2017, Renaissance Boston Waterfront Hotel, Boston, MA The Northeast Acquirers Association (NEAA) was founded in 1985 and is entering its 32nd year of successfully serving and educating all distribution channels in the electronic payments industry in the northeast.
If there is a takeaway from Citigroup's not-quite-stellar rollout of the Costco Anywhere Visa card, it is this: Even in modern times, the transition of large card portfolios from one issuer to another can prove disastrously complex.
Citigroup Inc. mistakenly sent e-mails to some active Costco Wholesale Corp. members telling them their wholesale club membership had lapsed and that their cards would be canceled, bringing a fresh headache to the new partnership.
The promise of faster EMV technology is a welcome reprieve for many ISOs who have grown weary of listening to merchants gripe about the snail's pace of chip card transactions. That reprieve, however, may not be so quick in coming.
The shifting attitude of Asian consumers such as Chiu is upending the economics of the credit-card industry, and banks like Citigroup Inc., HSBC Holdings Plc and Standard Chartered Plc are taking note. The banks, which increasingly rely on the regions swelling number of affluent people to drive profits, are slashing the number of card products they offer in Asia and focusing instead on getting a smaller range of cards adopted for online payments.
Phillips 66 is the third major merchant to come aboard for JPMorgan Chase & Co.s upcoming launch of Chase Payalongside Starbucks and Shell Oiland the byproduct of this deal is an overhaul of the gasoline and convenience retailers existing, relatively bland apps.
At most merchants, mobile wallets have been a solution in search of a problem. But at the pharmacy, every customer already has a problem possibly several problems they want to address before they even think about how they want to pay.
Two years after eschewing Apple Pay and NFC, CVS is integrating payments, marketing and prescription ordering in a single bar code-enabled mobile app, replacing a customer experience that currently relies heavily on time-consuming interactions with staff.