What’s Next with VIVOtech: An Interview with Mohammad Khan
November 13, 2009

ViVOtech is the leading end-to-end enabler of next generation mobile payments, loyalty, and marketing solutions. ViVOtech provides Near Field Communication (NFC) mobile payment solutions, mobile marketing and loyalty applications software, Over-The-Air (OTA) provisioning infrastructure software, NFC smart posters, and contactless terminals. ViVOtech’s products are used...

Innovations at the POS
November 11, 2009

What’s Next with Apriva: An interview with EVP Bill Clark Founded in 1999, Apriva is the leading wireless solutions provider integrating the hardware, software and network infrastructure required to develop and deploy high-performance high-reliability solutions in the Point of Sale Get the Full Story Complete...

The Effect of Card Acceptance on Sales: The Case of Taxicabs in New York
November 10, 2009

Does taking plastic get people to spend more money? The card networks certainly think so and have often touted increased sales as one of the reasons why merchants should accept plastic and be happy to pay for it. My skeptical economist colleagues question this. They...

The Invisible Engine Wars: Amazon and PayPal’s App Strategy; Will MasterCard and Visa Fight Too?
November 09, 2009

Amazon and PayPal have both announced aggressive efforts to persuade developers to use their payment technologies. Each of them has opened up a gateway into their payment platforms. They are providing developers with tools for writing applications that use their payment technologies. And they are...

The Welch Interchange Fee Bill to Consumers
November 08, 2009

I recently testified before the House Committee on Financial Services on the “The Credit Card Interchange Fees Act of 2009” sponsored by Representative Welch. The Act would allow merchants to impose surcharges on cards, prevent card networks broadly defined from charging higher interchange fees for...

Testimony before the House Committee on Financial Services on the “The Credit Card Interchange Fees...
November 08, 2009

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The Effect of the Consumer Financial Protection Agency Act of 2009 on Consumer Credit
November 08, 2009

David S. Evans (University College London; University of Chicago Law School) and Joshua D. Wright (George Mason University School of Law) argue that the CFPA Act would harm the economy in the long run but more importantly it would impose yet another lead weight on...

Don’t Kill Credit
November 07, 2009

Unemployment will be over 10 percent soon, the economy remains fragile, and despite bursts of optimism the recovery looks like it is going to be long and slow. Weighing down on the economy is the fact that many consumers and small business owners are having...

Three Problematic Truths About the Consumer Financial Protection Agency Act of 2009
November 07, 2009

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 or in form. The proposal is premised on a fundamental misunderstanding of the causes of...