To better understand how eCommerce merchants are responding to the chargeback challenge, Glenbrook recently undertook a comprehensive study of its eCommerce clients to determine the true cost of payment card chargebacks.   » Continue Reading

As a follow-up to last week's NACHA announcement, Glenbrook's Carol Coye Benson spoke with Samantha Carrier, NACHA's project manager on the ACH "Credit Push" initiative.   » Continue Reading

American taxpayers are still hesitant to embrace the option to pay their taxes with credit cards, according to a study of 1,001 American adults conducted by global market research firm Ipsos Insight.   » Continue Reading

One of the new items in MasterCard's updated S-1 Registration Statement filed yesterday with the SEC is a new disclosure (on page 94 of the new filing) of litigation underway between MasterCard and PrivaSys, Inc. involving alleged misappropriation of PrivaSys trade secrets by MasterCard and related issues involving MasterCard's PayPass product. MasterCard has countersued and filed additional counterclaims. Hosie McArthur LLP (representing PrivaSys) has a brief description of the litigation on their web site.

Bloomberg reports on cuts in bank card interchange fees recently agreed by Mexican banks, bowing to pressure from the central bank.   » Continue Reading

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