News

Is Behavioral Economics In-Control?
August 19, 2010

MasterCard’s new In-Control Card (the name speaks for itself but more details on their Product Profile)–illustrates the good side of behavioral economics. Behavioral economics is the new (within economist-time) field that studies how and why people act the way they do and tosses out old...

Igniting Payments in India
August 16, 2010

With almost 90% of payment transactions in India done in cash, there is little doubt that alternative payments have taken a back seat. Recently, banks have begun to promote electronic payment with efforts to tip the scale. Get the Full Story Complete the form to...

Divulging Details of China’s Debit-Dominated Ecosystem
August 05, 2010

In this exclusive NEXTcast interview, David S. Evans is joined by Jing Yang, Director of Corporate Strategy at TSYS. Jing has had numerous roles since joining TSYS in 2001, most notable was her role in the establishment of CUP Data, TSYS’ joint venture with China...

Will the Mobile Payments JV Trounce MasterCard and Visa?
August 02, 2010

Judging by the breathy press reports yesterday of the new, sort of, kind of, maybe joint venture between mobile behemoths AT&T and Verizon (with T-Mobile in the mix too) MasterCard and Visa are sitting around conference tables today white-knuckle-gripping their blackberries and iPhones. Bloomberg first...

Comeptition in Canada’s Debit Card Market
July 30, 2010

In this exclusive NEXTcast interview economist, Philippe Bergevin joins David S. Evans to discuss what’s next in the Canada debit card market. Philippe weighs in on how the entrance of MasterCard and Visa and disrupted the debit card market in Canada and what’s next for...

Tilting at Windmills: Some Final Thoughts on Dodd-Frank
July 15, 2010

If Senators needed any further reason not to vote for the misguided Dodd-Frank bill two stories over the last week should have pushed them into the NO column. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Separating Fantasy from Reality in the Brave New World of Payments Innovation
July 14, 2010

Last week there was a flurry of articles about cMoney. Here was yet again an incredible new mobile payments platform that will revolutionize the world. It had knocked the socks off of investors who had supposedly given it $100 million. And the press wrote breathily...

Is Facebook Currency a Ripoff?
June 18, 2010

The virtual economy is exploding on Facebook as more and more consumers play social games like Farmville and Mafia Wars. Game developers make money largely by selling things that help people play the game like a bullet proof vest or a hand grenade for Mafia...

Security and Fraud
June 04, 2010

mPayment Security: How to Check Yourself Before You Wreck Yourself Jack Alton, Vice President of Sales at Kount, provides a perceptive look at how Kount, and their state of the art risk decision processing engine, are helping merchants minimize the risk of fraud, while maximizing...