2005 - A Payments Year In Review - January Highlights
It's getting to be about that time when we take a look back at the major news stories in the world of payments during 2005. We've examined our archives month by month and have culled the the most important and interesting highlights. We'll be posting each month's highlights over the next few days.
To begin, here are the highlights from January 2005:
- Chip and PIN Take Effect in the UK
- Washington Mutual Selects MasterCard for Debit Cards
- Washington Mutual Selects FDC for Debit Card Processing
- VeriFone Files S-1 for Initial Public Offering
- PayPal Reports 55% Annual Increase in Payment Volume for 2004
- MBNA Initiates First Round of Layoffs in Company's History
- Wal-Mart, GE Consumer Finance Announce New Discover Network Card
- Visa International Unveils First Standardized Metric to Track Global Business and Government Spending
- The Smart Payment Alliance Is Announced
- O'Reilly Media's Make Magazine Details How To Build A Magnetic Stripe Reader
- Morgan Stanley Announces That It May Sell Discover Card Unit
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