Tags » Card Reward Programs, Loyalty Programs, Merchants, Prepaid Cards and Stored Value Cards
At its annual meeting today, Starbucks announced several new initiatives including adding a new rewards feature for registered users of its Starbucks Card. Starbucks says that currently one in seven customers uses the Starbucks Card to pay.
» Continue Reading
Tags » Biometrics, Pay By Touch
We've received the following announcement from Pay By Touch: "Solidus Networks, Inc., dba Pay By Touch, regretfully announced today that it will no longer process biometric transactions on behalf of its merchant customers and consumer membership base, as 11:59:59pm March 19, 2008."
» Continue Reading
Tags » Card Payments, Contactless Payments, Merchants, UK
Dave Birch writes on the Digital Money Blog about a presentation given by Julian Niblett of Boots, one of the UK's largest retailers, at the New Payments Channels conference in London. Interestingly, Boots studied where in their stores contactless made economic sense, and where it didn't. But, perhaps even more interesting were Niblett's comments on the costs of cash acceptance vs. the cost of cards.
Tags » FSTC, Mobile Banking, Mobile Payments
The Financial Services Technology Consortium has announced a new Mobile Banking and Payments Project. The first phase will "identify and document technology-based opportunities for banks in the mobile arena." The project proposal is available online.
Tags » Checking Accounts, Wells Fargo
Wells Fargo has announced the Wells Fargo vSafe service, calling it "the first online storage solution from a financial institution that lets retail banking customers store and organize copies of important materials, such as financial statements, loan and tax documents, wills, passports, and birth, marriage and death certificates."
» Continue Reading
Tags » Card Fraud, Financial Regulators
The Federal Reserve Bank of Chicago will host its eighth payments conference entitled “Payments Fraud: Perception versus Reality” on June 5-6, 2008 at the Chicago Fed. The conference, which will highlight threats
to the security of the payments system and explore solutions to those challenges, will cover such topics as:
- Identifying security issues in the retail payments system
- Preventing and containing payments fraud
- Allocating losses when payments fraud occurs
- Exploring fraud in emerging payment channels
- Evaluating public and private responses to payments fraud
The planned conference agenda is available online. Early registration ends March 28. Registration details here.
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.
Tags » Announce Yourself!
We have received news of the following recent management changes:
- Tony Wootton has been named Senior Vice President of Business Development at YapStone, Inc. Previously, Wooten was Vice President and General Manager of Payment Solutions at The Green Dot Corporation.
Announce yourself! Have you recently taken on a new position in the payments industry? If you'd like to share the news with your colleagues,
be sure to tell us about it. Are you looking for a new payments-related job? Or are you needing to find someone great? Checkout the
Payments Jobs job board.