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May 11, 2007

Glenbrook's Report from the Chicago Fed's 2007 Payments Conference

Glenbrook's Carol Coye Benson attended The Federal Reserve Bank of Chicago's sold-out 2007 Payments Conference this week. The theme of this year's conference was "Competitive Forces Shaping the Payments Environment: What's Next?." Click here to read Carol's full report.

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Debit, Credit Card Use Will Boost Retail Sales This Mothers Day, Survey Says

"Pointing to a recent survey that found 21 million Americans will purchase more on Mother's Day
because they pay with a debit or credit card, the Electronic Payments Coalition today reaffirmed its core message that payment card options are increasingly preferred by consumers and an important part of retailer sales."

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EU Banks Reported in Secret Debit Card Talks

Reuters is reporting that it received a document that indicates a "group of European banks are in secret talks to set up a pan-European debit card to challenge MasterCard and Visa Europe in cross-border business."

Headline News - May 11, 2007

Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers looking to hire payments professionals can post their job openings there as well.

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