Pulse's Stan Paur Predicts More Flexibility in Debit
David Breitkopf writes for the American Banker about Stan Paur's view of the future of the US debit card market. Paur has been president and CEO of Pulse EFT for years and is about to step up from that role to chairman following last year's acquisition of Pulse by Discover.
Paur discussed the opportunities for more product innovations resulting from competition - Discover announced a new signature debit card product two weeks ago - while highlighting concerns about increases in debit card fraud losses as among his major concerns - including having the industry readdress the role the consumer plays in being responsible about debit card and PIN usage.
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