Last week I was asked to give my thoughts on what the market obstacles are to payments innovation and what if anything the government should do about this. The occasion was an excellent conference put on by the Kansas City Federal Reserve Bank. Get the...
DirectCash Payments Inc., a Canadian provider of ATMs, debit terminals, and prepaid phone and cash cards, acquired Australian-based Customers Ltd. for $176 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Large credit card breaches have been out of the payments industry spotlight for some time, while the US payments industry has focused on other security and fraud related initiatives like EMV, tokenization and encryption. Unfortunately Friday’s announcement by Global Payments that they had uncovered a...
Last week I was asked to give my thoughts on what the market obstacles are to payments innovation and what if anything the government should do about this. The occasion was an excellent conference put on by the Kansas City Federal Reserve Bank. Get the...
PayPal’s PR people must be tired. The debut of PayPal Here, its new blue triangle dongle, was just two weeks ago; then the team turned around and introduced David Marcus as PayPal’s new president just days later. Get the Full Story Complete the form to...
It’s no laughing matter: the Durbin amendment to the Dodd-Frank Act set April 1, 2012 as the effective date for “the prohibition on network exclusivity as it applies to issuers.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Global Payments Inc.’s stock price fell more than 9 percent on Friday after it was revealed the company had fallen victim to a card data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
To settle the argument over interchange fees once and for all, financial regulators have decided to pit merchants and networks against each other in a winner-take-all battle royale! Who would you nominate for the ultimate interchange fee showdown? Nominate Now! Get the Full Story Complete...
In an attempt to benefit from the overwhelming popularity of competing celebrity-endorsed prepaid cards, Nicole “Snooki” Polizzi is launching a reloadable product of her own. Read More Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...