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August 19, 2009

Are You Ready for International ACH?

In her latest post titled "Countdown to IAT: Are You Ready?" on our sister site PaymentsViews.com, Glenbrook's Erin McCune examines the new International ACH format – IAT – and accompanying NACHA rule changes that take effect next month on September 18th. If you are not sure how IAT affects you and your company, read on.

Chase Launches Sapphire Card for the Affluent Consumer

Chase_logo-140px.jpgChase Card Services has announced the launch of Chase Sapphire - calling it "the next generation rewards card designed for the affluent market." According to Chase, "Sapphire has been built from the ground up to address the needs of the top 15 percent of U.S. households by income who expect premium rewards, outstanding value, and exceptional service."

Earlier this summer, Chase had announced the Ultimate Rewards program where Sapphire was initially mentioned. READ MORE »

Radisson Hotels & Resorts Reports Card Data Breach

Radisson Hotels & Resorts has issued an open letter to its customers informing them that the computer systems of some Radisson hotels in the U.S. and Canada were accessed without authorization. According to the company, "this unauthorized access was a violation of both civil and criminal laws. Radisson has been coordinating with law enforcement to assist in their investigation of this incident. While the number of potentially affected hotels involved in this incident is limited, the data accessed may have included guest information such as the name printed on a guest’s credit card or debit card, a credit or debit card number, and/or a card expiration date." READ MORE »

Headline News - August 19, 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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