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April 15, 2009

New Opportunities in B2B Payments - A Glenbrook Workshop

Glenbrook's workshop on New Opportunities in B2B Payments will be held in New York City on May 27th and 28th. This two-day session explores a market that is now breaking wide open: the traditionally paper-based world of business-to-business (B2B) payments. READ MORE »

Merchant Link, MSI Solutions Partner for Gateway Services

Merchant Link and MSI Solutions have announced a partnership that will allow MSI Solutions to offer Merchant Link's credit card gateway and security products and services as add-on interfaces to MSI Solutions' property management systems, including WinPM, NovaPlus, and EnterprisePM. READ MORE »

Western Union Adds Overnight US Home Delivery of Prepaid Cards

Western Union has introduced a new way to send money within the U.S. using its prepaid card platform coupled with an Overnight Home Delivery service featuring Western Union's new MoneyWise Visa prepaid card. READ MORE »

MasterCard Launches 'ATM Hunter' On Apple iTunes App Store

MasterCard has announced that the MasterCard ATM Hunter application is now available as a free download on the Apple iTunes App Store. ATM Hunter lets iPhone and iPod touch users easily locate the nearest ATM no matter where in the world they are. READ MORE »

MasterCard Focusing on Increasing Consumer Awareness of Prepaid

In an article titled "MasterCard Readies TV Push for Prepaid", Maria Aspan writes about MasterCard's plans to launch a consumer advertising campaign ("Everyday Prepaid") promoting reloadable (aka "network-branded") prepaid cards. One of the objectives of the campaign is to establish the Everyday Prepaid as the term consumers should think of versus the complex taxonomy of labels the industry uses to apply to prepaid cards.

Canada's Interac: "In a Fight for Its Life"

In an article titled "Interac in a fight for its life", Theresa Ebden writes for Canada's Globe & Mail about how Visa and MasterCard are challenging Interac in Canada for debit card business. Merchants are concerned that debit card acceptance costs will increase if Visa and MasterCard are successful selling their debit card products to Canadian bank issuers.

Verizon Business 2009 Data Breach Study

More electronic records were breached in 2008 than the previous four years combined, fueled by a targeting of the financial services industry and a strong involvement of organized crime, according to the "2009 Verizon Business Data Breach Investigations Report" released today. Full press release here. READ MORE »

Headline News - April 15, 2009

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.

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