August 08, 2011
Party Like It’s 2008: What the US Debt Crisis Means...
Here’s my take on the current global economic turmoil and its implications for the payments industry. (Related: Jon Stewart to Sen. Durbin: “Is This the Worst It’s Been?”) First, what’s...
July 22, 2011
Report to the Congress on Government-Administered, General-Use Prepaid Cards
Source: www.federalreserve.gov Executive Summary Section 1075 of the Dodd-Frank Act, which amends the Electronic Fund Transfer Act (EFTA), directs the Board to report annually on the prevalence of use...
July 19, 2011
Up, Up and Away – New Data on Increased Spending
July 19, 2011 – Ask the Industry: What are your predictions for consumer habits as far as credit card payments and spending? Join the Discussion A couple of new...
July 13, 2011
Debit Cards to Replace Unemployment Checks for 1.2 Million Californians
Source: www.edd.ca.gov Will be one of the largest prepaid card programs in the nation SACRAMENTO – For Californians receiving unemployment benefits, the days of waiting for a check to arrive...
July 05, 2011
Ralph Nader to Obama: Nominate Warren or Risk Alienating Allies
July 5, 2011 Former White House candidate Ralph Nader is once again weighing in on how President Obama has steered the appointment process for the head of the Consumer Financial...
April 13, 2011
The Power of Entrepreneurship
Patricia Devereux | April 8, 2011 (From MasterCard’s “The Heart of Commerce” Blog) The culture of giving back is woven pretty tightly into the fabric of our company but we’re...
March 01, 2011
Innovation in Charitable Giving: Democratization of Philanthropy
March is American Red Cross month. Not a made up “Hallmark holiday,” March was first declared Red Cross month by President Franklin Roosevelt back in 1943, and it serves as...
February 17, 2011
Merchants Submit Official Comments on Fed Debit Proposal
In theory, merchants should be thrilled that the Federal Reserve under the Durbin Amendment has proposed lowering debit card interchange fees and has proposed a 12-cent cap. But will they...
January 27, 2011
Cash Usage: Reports of My Death Have Been Greatly Exaggerated
Despite years of predictions suggesting that cash would one day disappear, recent data suggests cash is not only here to stay, but its usage may in fact be on the...
