December 18, 2009
NFIB National Small Business Poll: Credit Cards
• Half (49%) of small businesses accept credit and/or debit cards as a form of payment and half (51%) do not. Credit cards pay for about five times as many...
December 15, 2009
The Decade’s 12 Greatest Developments in Payments: #11 How the...
A global war on interchange fees raged during most of the decade and will continue into the next. We’ll have to wait until next decade to find out who wins...
December 07, 2009
David S. Evans and Joshua D. Wright Bios
DAVID S. EVANS has been a business advisor to many payment companies around the world. He is the author of Paying with Plastic: The Digital Revolution in Buying and Borrowing which is...
December 03, 2009
Banking the Unbanked Using Prepaid Platforms and Mobile Telephones in...
The rapid growth of mobile phone usage and the continuous rise in wireless coverage fuel the expectations that access to financial services through mobile phones could transform the way financial...
November 07, 2009
Three Problematic Truths About the Consumer Financial Protection Agency Act...
The creation of a new Consumer Financial Protection Agency (“CFPA”) is a very bad idea and should be rejected. The proposal is not salvageable and cannot be improved in substance...
November 07, 2009
The Consumer Financial Protection Agency and the Hazards of Regulatory...
The United States is in the midst of an important debate about how best to protect consumers of financial services and products. The Administration has proposed the creation of a...
November 07, 2009
Credit Where Credit Is Due
The credit card industry has few friends at the moment. The Credit Card Accountability Responsibility and Disclosure Act of 2009 recently signed into law by President Obama passed the House...
November 07, 2009
The Good, the Bad and the Doubtful in Credit Card...
You can’t get a good understanding of the true impact of the cards legislation without a broader look at the historical context. What we have seen in the industry...
October 18, 2009
What Does the Credit Card Market Have In Common with...
The credit card industry is highly concentrated. Ninety percent of the lending market is controlled by the top 10 issuers, yet there still appears to be fierce competition for balances...
