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« April 20, 2006 | Main | April 22, 2006 »

April 21, 2006

Fed Won’t Set Interchange Fees

Tags » Card Payments, Interchange Fees

ATMmarketplace.com reports on a speech given last week by Stuart Weiner, Vice President and Director of Payments System Research at the Kansas City Fed, in which he acknowledged that the Fed has been asked by various groups to referee the ongoing battle over interchange fees - but, he said, the Fed would only intervene if a crisis or other emergency arises.

PayPal Mobile And Vending Machine Payments

Tags » PayPal Mobile, Vending Payments

Automatic Merchandiser reports on eSecure Peripherals, a Montreal, Canada-based cashless payment provider and their PayPal Payment Module for networked cashless payment terminals.   » Continue Reading

Banks Scramble After Cyberbreach

Tags » Debit Cards

Richard Burnett reports for the Orlando Sentinel about "the biggest cyber-heist of customer debit-card numbers to date."   » Continue Reading

Dancing Behemoths

Tags » ECommerce Payments, PayPal

Mylene Mangalindan and Robert Guth write in a front page story in this morning's Wall St. Journal about the dancing underway among the major Internet giants (eBay, Yahoo!, and Microsoft) as they try to figure out what to do about Google - and whether new partnerships (or not) would change anything.

MasterCard Sues FIFA Over Sponsorship Deal With Visa

Tags » MasterCard, Visa

MasterCard has announced it has filed a complaint in the U.S. District Court for the Southern District of New York seeking an injunction against the Fédération Internationale de Football Association (FIFA), the governing body of the FIFA World Cup, to prevent FIFA from moving forward with an agreement with Visa International to sponsor the 2010 and 2014 FIFA World Cups.   » Continue Reading

Headline News - Friday, April 21, 2006

Tags » Payments News - Headline News

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

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