28 Baseball Takes a Swing at Contactless Cards
For more than 100 years, buying hot dogs and beer at a major league baseball game has been almost exclusively a cash business. Some teams believe the timing is right to make a change to add speed and convenience to the lineup.
6 Play Ball!
8 PIN-Debit Data Breach Jolts Industry
A major scheme in which crooks were able to capture both debit card numbers and PINs prompts financial institutions to reissue thousands of cards while investigators work to determine the cause of what experts say is the industry's largest-ever case of PIN-debit fraud.
10 Fed Study Shows Card Debt Up
Fed study shows consumers are saving less while racking up greater credit card debt.
12 Chase is Sold on Retail Cards
J.P. Morgan Chase & Co. buys Kohl's Corp.'s private-label card program as part of a strategic move to grow its portfolio through acquisitions of store card receivables.
DEBIT CARD REPORT
14 Fed is Poised to Extend Reg E to Payroll Card Operators
Debit card issuers are pretty much used to regulations governing debit cards linked to demand-deposit accounts. But with new types of debit card products emerging, such as payroll cards, new rules appear forthcoming.
15 Canada Addresses Dispute Resolution
Canadian debit card issuers contend changes in the industry code for handling disputes tilt more toward cardholders than past practices. But Canadian consumer groups want the code to go further in protecting cardholder interests.
18 Banks Remain Closed
To 'Open' Gift Cards
Banks give mixed reviews about the issuance of prepaid cards. And even those supporting the plastic will not discuss specifically how well card sales are doing.
22 A Mixed Bag
The North American payment-terminal industry seems to be in the midst of happier days, what with the advent of contactless payments and other positive trends. But not all of the industry's top vendors are doing well financially. Could a merger or acquisition be in the offing?
34 Making a Splash
The leading players in the card industry last year continued to spend big money promoting their brands. Some, though, began shifting where their ad dollars are spent.
CREDIT CARD TRENDS
40 Card Issuers Finding it Tough To Crack
Businesses charge billions each year to payment cards to cover travel and entertainment costs. But moving their expenses for office supplies and other operational needs from checks to plastic is proving more difficult.
45 U.S. Law Enforcers
Are Cold on Gold
Critics say emerging payment tools backed by precious metals invite money laundering and illicit payments. Can the products survive the recent bad press? Should they?
COLLECTIONS & RECOVERY
48 Law Firms Balloon
As banks and other credit grantors grow, they are looking for larger legal firms with which to partner. To meet the need, collection law offices are expanding throughout the country.
56 Prepaid: Why Rap Bank-Issued Cards?
(c) 2006 Cards&Payments and SourceMedia, Inc. All Rights Reserved.
Authoritative analysis and perspective for every segment of the payments industry
Authoritative analysis and perspective for every segment of the industry
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