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« March 9, 2006 | Main | March 11, 2006 »

March 10, 2006

Real Life Chip And PIN Frustrations

Tags » Authentication, Card Issuers, Card Technology, Chip and PIN, Credit Cards

In an article titled 'Pick a card, any card or your number is up," Isabel Berwick writes for the Financial Times (UK) about her personal frustration attempting to check out of a swanky hotel last weekend and not being able to pay because she couldn't remember her PIN.   » Continue Reading

Banking Strategies - JD Power Retail Bank Satisfaction Study

Tags » Bank Technology

A friend writes: I'd like to draw your attention to a big customer satisfaction study published in current issue of BAI's Banking Strategies magazine In an article titled 'Why Can't Some People Commit?"   » Continue Reading

Javier Perez Named President of MasterCard Europe

Tags » MasterCard

MasterCard International announced today that it has named Javier Perez President of MasterCard Europe, effective immediately. Perez will report to Alan Heuer, Chief Operating Officer, and have responsibility for the 53 countries that encompass MasterCard's European region.   » Continue Reading

Hong Kong's Government Smart ID Cards Secure Online Banking

Tags » Authentication, Card Technology, Online Banking

Marisa Torrieri reports for CR80News on how in Hong Kong government-issued IDs are flourishing as private-sector security tokens for online banking access.   » Continue Reading

The Net Best Thing: Purchasing Card Update

Tags » Commercial Payments

Andrew K. Reese writes for Supply & Demand Chain Executive on the current state of purchasing card adoption and what American Express, MasterCard, Visa and GE have in their 2006 plans for their purchasing card products.   » Continue Reading

Using Stored Value Debit Cards In Flexible Spending Account Plans

Tags » Debit Cards, Health Savings Accounts, Prepaid Cards and Stored Value Cards

National City has announced a webcast next week entitled "Using Stored Value Debit Cards Effectively in Your Flexible Spending Account (FSA) Plans" on Thursday, March 16, at 12:00 p.m. ET.   » Continue Reading

Jeff Jonas - Pioneering The Future of Personal Data

Tags » Data Security, Privacy

NPR's Morning Edition had an interview this morning with Jeff Jonas, chief scientist with IBM's Entity Analytic Solutions, in which he talks about the future of privacy protection.   » Continue Reading

InfoCard - Can Microsoft Save the Net?

Tags » Authentication, Identity Management

Stanford Law School Professor Lawrence Lessig writes in Wired about Microsoft's InfoCard, the company's new identity management system scheduled to debut later this year with the release of Windows Vista. Lessig says InfoCard "could be the most important contribution to Internet security since cryptography."

When to Say "Freeze!"

Tags » Credit Bureaus, Identity Theft

Sonja Ryst writes for Business Week about her personal experience getting worried about a potential identity theft and what she learned about putting a freeze on her credit file at the three major credit bureaus.

Americans Using Credit Cards To Pay For Basics

Tags » Consumer Debt, Credit Cards

Stephanie Salter writes for the Tribune-Star (Terre Haute, IN) about a "riveting" recent study examining how Americans use credit cards titled "The Plastic Safety Net: The Reality Behind Debt In America" (PDF). The 44-page report is the result of a year long, joint effort of Demos and the Center for Responsible Lending.

Issuer Marketing Of Credit Card Payment Insurance

Tags » Card Issuers, Chase Card Services

David Lazarus reports for the San Francisco Chronicle on some of the marketing techniques being used by credit card issuers to sell "credit card payment protector plans" - otherwise known as credit card payment insurance or debt suspension agreements - to consumers.

Headline News - Friday, March 10, 2006

Tags » Payments News - Headline News

Note: Throughout the day, as Payments News happens, this post is updated.

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