June 29, 2011
Inside Iran: An Analysis of the Factors Influencing Success of...
Background and Introduction Lacking payment systems becomes a bottleneck for the vision of the Information Economy. In many cases, the payments of a fraction of a cent, the so-called...
June 29, 2011
Boom in eCommerce Sparks Evolution
Top financial and professional services information provider VRL has released a new report on Alternative Payment Channels, which explores changing trends in the global payments market. Both developed and emerging...
June 17, 2011
Payments Innovation, Investment, and Interchange Fees
Evans argued that drastic cuts in interchange fee regulations would flip the business model of payments to a consumer pays model which would likely reduce investment and innovation...
June 17, 2011
Interchange Fees: Optimal Regulation
Panelists analyzed various theories on interchange, focusing in particular on the tourist test. Vergé noted that the tourist test doesn’t work well in all circumstances, but cost-based...
June 17, 2011
Impact of Changes in Interchange Fees on Consumers and Merchants
The extent to which merchants pass along savings on interchange to consumers in the form of price reductions or other benefits proved to be a central issue on...
June 16, 2011
Interchange Regulation and SEPA Debated at PYMNTS.com Forum in Europe
The interchange fee debate took an interesting turn in Brussels this past Wednesday when the former CEO of Credit Agricole argued that interchange fee regulation could prevent the launch of...
May 25, 2011
Re-Routing the Exclusivity and Routing Provisions of the Durbin Amendment*
Late last year, the Federal Reserve issued a proposed rule that imposes on every bank and credit union an obligation that is virtually unheard of outside of the context of...
May 25, 2011
S-Commerce- A Fourth Retail Channel: An Overview of Social Commerce...
Introduction This section of the Lydian Journal examines the world of social commerce, or as some have described it, the fourth retail channel. Four distinct elements define this commerce...
May 19, 2011
CFPB Announces Initiative to Combine Mortgage Loan Disclosures
Source: www.treasury.gov 5/18/2011 Page Content ‘Know Before You Owe’ Project Aims to Make Mortgage Costs Clear Upfront WASHINGTON – The Consumer Financial Protection Bureau (CFPB)...