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« April 28, 2008 | Main | April 30, 2008 »

April 29, 2008

Glenbrook Looks at Alternative Payment Options for Retailers

Tags » eBillMe, ECommerce Payments, Glenbrook, Merchants

eBillme has announced it will host a webinar on Wednesday, May 14, where Russ Jones of Glenbrook Partners will provide an in-depth look at the retailer integration process for several alternative payment options including: Bill Me Later, eBillme, Google Checkout, and PayPal.   » Continue Reading

US Debit Card Opportunities and Challenges

Tags » Bill Payment, Debit Cards

Phoenix Payments has announced the results of its 2007 Consumer Payments Preferences and Usage Study: Debit Card Opportunities and Challenges. The study findings include a detailed report on debit card issues, covering consumer preferences, attitudes, and usage of debit cards as well as debit’s relationship to other payment methods.   » Continue Reading

PULSE Releases 2008 US Debit Issuer Study

Tags » Debit Cards, Discover, Pulse

A new study of debit cards in the US market commissioned by PULSE identified superior performance by “best-in-class” issuers - 'suggesting significant untapped potential in debit for many financial institutions.'   » Continue Reading

Finovate Startup - Best of Show Awards

Tags » FinovateStartup

Erin McCune blogs the best of show awards for today's Finovate Startup conference. My notes from the company presentations are available here. It was a great event, extremely fast paced and a lot of fun. Be sure to read Erin's coverage as well.

BayPay Meeting - Wednesday, April 30 - 6-9 PM - Mobile Payments

Tags » BayPay, Mobile Payments

There's a BayPay meeting for San Francisco Bay Area payments professionals being held tomorrow night, Wednesday, April 30, from 6-9 PM. The topic is "From Mobile Banking to Mobile Payments". If you're already a BayPay member, you should have already received the details on meeting location, etc. If you're not a BayPay member and would like to join, contact me directly and I'll fill you in on the details.

Live at Finovate Startup - San Francisco

Tags » FinovateStartup, Glenbrook

We're live at the wonderful UCSF Conference Center in the Mission Bay of San Francisco - about a minute until the first demo session begins at FinovateStartup. We'll be updating this post with our notes from the demos through the day.   » Continue Reading

CyberSource, PayEase Partner for eCommerce in China

Tags » China, CyberSource, ECommerce Payments

CyberSource and China-based PayEase Technology Ltd. have announced a collaboration to facilitate merchants’ entry into the China market. With the PayEase/CyberSource solution, merchants gain support for both Chinese credit cards as well as debit cards from over 20 key banks.   » Continue Reading

Visa Inc. Earnings Presentation

Tags » Visa

Yesterday, Visa Inc. announced its first quarter of financial results since going public. The press release and an accompanying presentation are available online along with a webcast of the conference call held yesterday discussing the results.

CTST 2008 Focusing on NFC Payments - May 12-15 - Orlando

Tags » Card Technology, Chip and PIN, Contactless Payments, INSIDE Contactless, Mobile Payments, Near Field Communication (NFC)

CTST 2008, the largest payment, security and identification conference in the Americas, is being held this year May 12th through 15th at the Orange County Convention Center West, in Orlando, Fla. International industry leaders presenting during the Mobile and NFC Track include: 3G Americas, Aite Group, Authentec, Bay Area Rapid Transit District, Booz Allen Hamilton, Cassis International, Cellular South, Citibank, FireThorn, First Annapolis Consulting, First Data, Gemalto, Giesecke & Devrient, Infineon Technologies, Inside Contactless, Motorola, Nokia, NTT DoCoMo, NXP Semiconductors, Sprint Nextel, StoLPaN, Venyon, ViVOtech and Vodafone.   » Continue Reading

MasterCard Reports First-Quarter 2008 Financial Results

Tags » MasterCard

MasterCard has reported its financial results for the first quarter of 2008. Net revenue for the first quarter of 2008 was $1.2 billion, a 29% increase versus the same period in 2007 with currency fluctuations (driven by movement of the euro and the Brazilian real relative to the U.S. dollar) contributing 5.1% of the increase in net revenue for the quarter MasterCard's gross dollar volume increased 14.1%, on a local currency basis, to $611 billion.

A Look at Bill Me Later

Tags » Bill Me Later, ECommerce Payments

Keith Regan looks at Bill Me Later in a post on eCommerceTimes.com saying that "credit card-free alternative Bill Me Later has proven that merchants and consumers alike are hungry for alternatives."

US Federal Regulators to Crackdown on Credit Card Issuer Practices

Tags » Card Issuers, Credit Cards, Financial Regulators

Damian Paletta writes for the Wall St. Journal that "the Federal Reserve and two other regulators [OTS and NCUA] plan to propose strict policies on credit-card issuers after criticism that card companies charge too many hidden fees and unfairly raise interest rates on borrowers." He says the plan is expected to be introduced by the Fed at a meeting this Friday.

Headline News - April 29, 2008

Tags » Payments News - Headline News

Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers looking to hire payments professionals can post their job openings there as well.

Payments Professionals Management Changes

Tags » Announce Yourself!

We have received news of the following recent management changes:

  • Joseph Saunders has been named Vice President, Business Development, at Digital Resolve. Previously, Saunders was responsible for new market development at TARGUSinfo.

Announce yourself! Have you recently taken on a new position in the payments industry? If you'd like to share the news with your colleagues, be sure to tell us about it. Are you looking for a new payments-related job? Or are you needing to find someone great? Checkout the Payments Jobs job board.

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