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May 04, 2009

Last Call - Glenbrook Payments Boot Camp - May 12-13, 2009

Next week's Glenbrook Payments Boot Camp is just about full. This session is being held in Santa Clara, CA - just down the road from Glenbrook World HQ in Menlo Park!

Over 2,500 payments professionals have already attended this unique session. If you're interested in attending Glenbrook's premier US payments education session next week before our summer break, please enroll right away.

After next week's session, we'll be bringing the Boot Camp to New York on Sep 23-24.

Swine Flu and Payments?

Over on the American Banker's BankThink blog, Maria Aspan asks what does swing flu have to do with MasterCard's and Visa's financial results? On last week's analysts' calls, both the Visa and MasterCard CEOs were asked about the potential impact.

Total U.S. Visa Debit Volume Surpasses Credit for First Time

Visa last week announced that spending on Visa debit cards in the U.S. had surpassed Visa credit card volume for the first time in the company’s history. For the period ending December 31, 2008, Visa's US debit payments volume was $206 billion, compared with credit payments volume of $203 billion. Debit transactions were nearly 70% of U.S. transactions for the same time period, representing an increasingly larger portion of Visa’s U.S. transactions. READ MORE »

NXP, Giesecke & Devrient Introduce NXP’s Fast Pay Chip, Devices

NXP and Giesecke & Devrient have announced the introduction of NXP’s new Fast Pay contactless security chip and a new line of G&D contactless payment devices based on this IC. According to the two companies, "Fast Pay-based devices have been specifically designed to provide consumers in the USA and Canada with a convenient and swift contactless payment solution – replacing the need for cash and reducing transaction times." READ MORE »

Headline News - May 4, 2009

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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