What begins with an 'A' and is the biggest threat to the payments networks since Judge Leon? ACH. I know, you thought we were going to say Apple. But the Paym launch in the UK got MPD CEO Karen Webster to thinking about the impact...
Remember the day when a coin was just a bothersome piece of metal that you were happy to toss in the tip jar to benefit the underpaid baristas at your local coffee shop? Well, the world has changed and so have coins. Economist David Evans...
Walmart got the entire financial services industry buzzing last week with its Walmart-2-Walmart domestic P2P play. But what everyone forgot to focus on is the real story: the value of this service to the consumer, one that actually likes cash in this digital age. MPD...
The Fed issued its update recently on the state of the mobile US landscape two years after its Mobile Payments Industry Workgroup (MPIW) convened to provide guidance on how to move the mobile industry forward. I have read the report several times and so wanted...
Actions in the aftermath of the recent merchant data breaches have demonstrated the potential dangers that extend beyond simply not improving payments-data security. Knee-jerk reacting is another, and that appears to be what Target’s doing in saying it will push hard now for EMV card...
Shaw’s Supermarket here in Boston made a little bit of news in the run-up to the 4th of July holiday. It’s dumping its loyalty card program. Well to be technical, Albertson’s - the Idaho-based North American grocery chain that owns them – decided that all...
LevelUp raised a lot of eyebrows in 2012 when it said that moving money should be free and that its mission was to reduce payments processing fees to zero for his merchants. Two years later, its Chief Ninja is announcing a permanent reduction in those...
Consumers aren’t likely to be loyal to any one brand, companies that spend more on loyalty programs aren’t as profitable as companies that don’t and companies with the most loyal customers don’t even have loyalty programs. Try putting that business case in front of your...
Everyone’s favorite payments parlor game is speculating about what, if anything, Apple plans to do in the mobile payment space. Just last week, we heard the 4th, or was it the 6th time, that it will launch the iPhone 6 with NFC capabilities. Surely, with...
