Tags » Debit Cards, Decoupled Debit Cards, Mercator Advisory Group
Mercator Advisory Group has announced a new report titled "Decoupled Debit - Let's Take a Closer Look" that the company says "evaluates the recent emergence of this new and possibly disruptive technology in the financial services industry, decoupled debit. Decoupled debit is an alternative based ACH debit card solution that utilizes two existing systems that are well defined in the financial services industry but were not designed to work in combination with each other, the ACH network and the branded payment networks such as MasterCard, Visa, NYCE, etc."
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Tags » Gift Cards, Prepaid Cards and Stored Value Cards
Comdata Stored Value Solutions has announced the results of its fifth annual survey of gift card purchases
showing that "the availability of gift card malls and expanded uses for gift cards are making them even more popular and versatile."
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Tags » Commercial Cards, Mercator Advisory Group
Mercator Advisory Group has announced a new report titled "Small Business Credit Card 2007 Update: Competition for Segments Intensifies" that examines recent developments in the highly competitive small business credit card marketplace.
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Tags » Card Issuers, Consumer Debt
In an article titled 'The $915B bomb in consumers' wallets', Peter Gumbel writes for Fortune about increasing concerns that credit-strapped consumers may accelerate the delinquency rates for US credit card issuers. He suggests looking at the experience in the UK - saying it's about 18 months ahead of the US in the current credit cycle. He notes that "credit card delinquencies and charge-off rates in Britain have risen as much as 50%".
Tags » Barclays, Card Issuers, Credit Cards
In an article titled 'Barclays becomes major credit card player', Leslie A. Poppas writes for the Wilmington News Journal about Barclay's US credit card business. "While employment at other credit card issuers in the area has decreased, employment at Barclays has tripled since the London bank bought Juniper for $293 million in December 2004. This month, Barclays hired its 1,000th Delaware employee and now employs 1,012 people in the state..."
Tags » Data Security, ECommerce Payments, PCI Compliance
Akamai Technologies has introduced what the company is calling "the industry’s first and only PCI-compliant site acceleration service. PCI-compliant site and transaction acceleration will provide companies conducting ecommerce online with the assurance that sensitive credit card information is transmitted over a platform that is PCI-compliant."
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Tags » Healthcare Payments, Metavante
Metavante has announced the availability of its Healthcare Gateway - calling it "a single online portal through which most eligibility inquiries, claims submissions and status checks, and payments activities can flow and be monitored on-demand electronically."
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Tags » Payments News - Headline News
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.