Headline News from PaymentsNews.com - March 17, 2014

On the Web: American Express to Sell Half of Its Business Travel Arm for $900 Million - New York Times - "The deal completes an effort begun last year by American Express to trim its exposure to corporate travel..." Isis CTO accuses retailers of turning off NFC and smartcard payment tech - Computerworld - "...a few national retailers who are MCX members have begun turning off the ability of recently-upgraded payment terminals to recognize NFC payments or read smart credit and debit cards embedded with a chip..." The Threats That Help PayPal - New York Times BITS Blog - “Good...

Headline News from PaymentsNews.com - February 4, 2014

The second edition of our book "Payments Systems in the U.S." has just been published. It's available in print from Amazon.com and in an ebook version for your iPad. On the Web: Time for smartcards - The Hill (John J. Mulligan - Target EVP/CFO) - "Since the breach, we are accelerating our own $100 million investment to put chip-enabled technology in place. Our goal: implement this technology in our stores and on our proprietary REDcards by early 2015, more than six months ahead of our previous plan." Congress Turns Its Attention to Data Breaches - Re/code.net (Amy Schatz - @Amy_Schatz)...

Headline News from PaymentsNews.com - December 5, 2013

On the web: It’s Complicated: What we can learn from the developing world about payments - On PaymentsViews.com, Glenbrook's Carol Coye Benson muses on her day yesterday at the IMFTI Conference at UC Irvine - "Many of the surprises came from insight into how complicated financial management is, from a human dimension, for many of the subjects of these studies." Mobile Payments Gain Traction Among India’s Poor - New York Times - "MoneyOnMobile, an Indian start-up, is latching on to an idea that began six years ago in Kenya of transferring money with a few taps of the keypad on...

Headline News from PaymentsNews.com - November 12, 2013

On the web: Adobe Breach Inadvertently Tied to Other Accounts - New York Times Bits Blog - "“I’ve been able to break roughly one out of every six passwords I attack." The Winklevosses: Bitcoin worth 100 times more - CNBC Squawk Box - "The bull case scenario is a $400 billion market cap. So the market cap is around $4 billion right now," Tyler Winklevoss said in an interview at the Dealbook conference that aired on CNBC's "Squawk Box." Target Fills Its Cart With Some of Amazon's Tricks - Wall St. Journal - "...the Red Card, which offers discounts, now...

Headline News from PaymentsNews.com - October 1, 2013

On the web: Coming Soon? An Occupy Wall Street Debit Card - New York Times - "The idea, led by a group that includes a Cornell law professor, a former director of Deutsche Bank and a former British diplomat, is meant to serve people who do not have bank accounts, but it also aims to make Occupy a recognized financial services brand." How Much Will Judge Leon's Decision Whack DDA Revenues? - Pymnts.com (David Evans) - "The only ray of sunshine here for non-exempt debit card issuers is that between an appeal, maybe the Supremes, and a new rule making...

Headline News - March 6, 2012

On the web: Jumio Raises $25.5M From Andreessen Horowitz; Will Hit $100M In 2012 Revenue - TechCrunch AmEx Testing Prepaid Cards in Some Wal-Marts - MarketWatch On the wires: PayPal Now Available Through the Tabbedout Mobile App Virgin Gaming Selects Mazooma as Its U.S. Payments Partner Linkable Networks Launches “MyLinkables” Mobile App and Social API mopay and Wargaming.net Join Forces In Enhancing Monetization Services Ceridian Stored Value Solutions (SVS), offers Multiple Fulfillment Solutions to Optimize Program Management MoneyGram and Grupo Elektra Reach Agreement for Money Transfers in Mexico Curaxian Debuts Payments Reporting and Analytics Service New Mercator Report on China...

Headline News - February 7, 2012

On the web: BC Global Looms as Alternative to Visa For Korean Buyers - Korea Times Dwolla Raises $5m Series B Round led by Union Square Ventures (Video) - Silicon Prairie News Accel, SV Angel, Y Combinator Put $1.5M In Online Bank Payments Platform GoCardless - TechCrunch On the wires: Text2Pay Mobile Payments Wizard - Easy as 1 2 3! mopay and paymentez Forge Strategic Mobile Payments Partnership The Perfect Pairing: Wine Enthusiast Uncorks eGift Card Program CoVantage Credit Union Deploys Tyfone Mobile Wallet Services to Its Members Transcepta Procure-to-Pay Network Selected to Simplify Accounts Payable for Manheim Note: Headline...

Headline News - January 24, 2012

On the web: Mobile Payments and the Demise of the Cash Register - Mobile Commerce Daily On the wires: Thomas Industrial Network Selects Aria Systems for On-Demand Billing and Customer Mgmt mopay Launches First-of-Its-Kind Payments Platform for Online Dating Industry 3V Transaction Services Extends its Mobile Money Platform to Netherlands WageWorks Names Visa as Preferred Brand for Prepaid Employee Benefit Programs New Mercator Report on Small Business Credit Cards Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

mopay Extends Carrier Billing Capabilities by Introducing Broadband Billing

mopay announced its product extension into broadband billing. "This new alternative billing channel available on the mopay payments platform enables online merchants to charge purchases directly to consumers’ Internet service provider accounts. Two of the top-five mopay customers already use mopay broadband billing in their payments portfolios and have seen significant increase in business volume since its launch."

mopay Launches New Mobile Payments Platform

mopay has announced the release of its next-generation mobile payments platform. “Most mobile payments providers focus on Web purchases and in-app billing on the Android platform,” said Kolja Reiss, Managing Director of mopay. “With our brand new mobile payments platform, we are the first provider to offer a state-of-the-art billing solution that features the flexibility to be customized for every platform, be it desktop PCs, notebooks, smartphones, tablets, TVs, game consoles, in-car entertainment systems, kiosks and even appliances. This flexibility gives merchants endless opportunities to reach their customers in new and exciting ways and to make any Internet-connected device a...

mopay Extends Market Coverage to 80 Countries Worldwide

mopay has announced that it "now connects its mobile payment platform to 80 countries worldwide. With almost 100 percent coverage in Europe, North and South America and Australia, mopay recently expanded its footprint to South Korea and India, further extending its reach in the Asian market."

Mobile Payment Provider mopay Opens US Office in Palo Alto

mopay, a provider of mobile payment solutions worldwide, has announced its expansion into the U.S. market with the opening of its U.S. headquarters in Palo Alto, California led by Kolja Reiss, Managing Director of mopay, Inc. mopay says it "specializes in bringing the “unbanked”— people without bank accounts and limited or no credit – the power to purchase digital goods and services with ease by placing charges on their mobile phone bills." Reaching more than 3.3 billion people with SMS-enabled mobile phones in 65 countries around the globe, mopay enters the U.S. market as a major challenger to providers BOKU...