Last week the General Accountability Office (GAO) released it much awaited report on interchange fees. Congress had asked the GAO, the respected investigative arm of Congress, to wade into this battle between merchants and cards systems earlier this year when it passed the CARD Act....
A few years ago, in response to a growing number of data security breaches, the major credit card brands formed the Payment Card Industry Security Standards Council (PCI SSC). Since then the PCI SSC has developed a set of security requirements for all businesses that...
HomeATM is an internet security and engineering firm focusing exclusively on end-to-end encrypted transactions from any Internet-connected device. HomeATM is not a processor. The company’s goal is to empower the Processor, the Gateway, the Service Provider, the ISO, the FI etc. to monitize the transaction....
Just two days ago, I posted a question on LinkedIn about the one innovation in 2009 that had the potential to change the landscape for the next 2-3 years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
I talked about behavioral economics in my last blog. Some of the top minds in that field are studying how consumers use financial products. They aren’t doing this to provide any business advice. Instead, financial products provides them with neat laboratory for testing some of...
Starbucks Card information at your fingertips Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
mFoundry’s SVP of Wallet & Payments Jon Squire discusses how his company is driving innovation at the POS through initiatives where coffee giant, Starbucks, became the first company to launch an iPhone app exclusively for a payments card. Get the Full Story Complete the form...
Join us for the 22nd Annual Card Forum & Expo in Orlando, FL to discuss cutting-edge strategies, exchange best practices and evaluate new products and services. This annual gathering of banks, card issuers, and payment industry leaders will discuss: Strengthening relationships with your customers The...
This is the first of three blogs on behavioral economics and why people in the payment card industry should pay attention to it. This entry explains what it is, the next one describes how some of the research in this area is helpful for understanding...