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May 21, 2008

Mercator Looks at US Mobile Banking Initiatives

Tags » Mercator Advisory Group, Mobile Banking  » Comments (0)

The Mercator Advisory Group has announced a new report titled "US Mobile Banking: Sedate Growth, Disruptive Potential". According to Mercator, "mobile banking will be a disruptive force for smart FIs willing to tailor their message to specific demographics. Otherwise, mobile banking is in danger of becoming "yet another" convenience feature leaving the broad flank of the FI community exposed to more nimble players wielding mobile-enabled alternatives. A mobile-enabled decoupled platform is just one possibility." READ MORE

Chicago Fed Releases Payments Fraud Assessment

Tags » Banking Industry, Card Fraud, Financial Regulators  » Comments (0)

The Federal Reserve Bank of Chicago has announced the release of a Chicago Fed Letter titled "Assessing the landscape of payments fraud" icon_PDF_small.gif by Katy Jacob and Bruce Summers. "This Fed Letter provides a broad overview of the issue of payments fraud and of various perspectives on how to effectively deal with the problem."

The Federal Reserve Bank of Chicago will host its eighth annual payments conference on June 5-6, 2008. The conference will highlight threats to the security of the payments system and explore solutions to those challenges. This article previews issues that will be covered at the conference.

Microsoft Introduces Live Search Cashback Awards Program

Tags » ECommerce Payments, PayPal  » Comments (0)

Calling it "The Search That Pays You Back", Microsoft later this morning is introducing a new cashback awards feature on its Live Search web site. READ MORE

First Data, EUFISERV Partner for European Processing Expansion

Tags » EU, EUFISERV, First Data Corp., Processors, SEPA  » Comments (0)

First Data Corp. has announced that it has signed an agreement with EUFISERV and its fifteen shareholders (including twelve European banks and banking organizations) to expand and develop the European inter-bank processing network managed by EUFISERV. The two companies said that "connecting the existing networks of EUFISERV and First Data will create the opportunity for customers to access more than 74,000 ATMs, 1.5 million POS merchants and to reach more than 165 million debit and credit card accounts in Europe." READ MORE

Payments Professionals Management Changes

Tags » Announce Yourself!  » Comments (0)

We have received news of the following recent management changes:

  • Guilherme Blumenthal has been named Chief Operations Officer and Chief Payments Risk Officer at Visanet Brazil. Previously, Guilherme was EVP Global Sales and Operations at Hypercom 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.

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PAYMENTS NEWS IS PRODUCED BY AND IS A SERVICE MARK OF GLENBROOK PARTNERS, LLC
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