Payments News from Glenbrook Partners
Glenbrook   Book   Education   Views   Archives   Store   Advertise   About         SUBSCRIBE:

« March 29, 2015 - April 4, 2015 | Main | April 12, 2015 - April 18, 2015 »

April 09, 2015

Headline News from PaymentsNews.com - April 9, 2015

On the Web:

On the Wires:

  • It’s All in the Wrist: Digital Insight Deploys Smartwatch Banking - "Digital Insight, an NCR company and leader in digital banking solutions, announced it has released Android smartwatch functionality with Wright-Patt Credit Union. Wright-Patt Credit Union (WPCU) members who own an Android Wear™ watch can now seamlessly check account balances with a flick of the wrist, without the hassle of logging-in to the mobile app."
  • ProPay Syncs with QuickBooks for Merchants - Dave Duncan, president of ProPay, added, "We’re excited to offer QuickBooks support for our small business customers in order to simplify and streamline business processes so our clients can focus on growing their business."

Glenbrook's 2015 Payments Education Update!

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

April 08, 2015

Headline News from PaymentsNews.com - April 8, 2015

On the Web:

On the Wires:

  • Apple Pay Coming Soon to You: New Banks & Credit Unions Implement Mobile Payment Service for MasterCard Cardholders - “People are passionate about their devices and they’re ready for their connected devices to do more – including acting as a commerce device – as is evident by the positive reception and uptake of Apple Pay,” said Matt Barr, group head, U.S. Emerging Payments MasterCard. “Consumers want to be able to shop where they want, when they want and how they want – and they want to do so with the confidence that their money is safe and secure no matter how they choose to pay. Issuers are delivering on this by enabling their cards within emerging payment platforms like Apple Pay that deliver consumer choice.”
  • U.S. Bank Offers Prepaid Card Services for the American Red Cross - “Our prepaid card conversion to U.S. Bank will enable the American Red Cross to leverage technology in new ways,” said Steve Casey, corporate treasurer of the American Red Cross. “Most importantly, this new card technology will help the Red Cross deliver its mission more efficiently in communities across the country.”
  • Western Union Enables Skype Customers to Top up at Locations across the U.S. - Western Union’s Odilon Almeida, President, Americas and European Union, said, “The relationship is a logical one, as both Western Union and Skype have a mission to connect people when they are apart. “Western Union is optimizing its money transfer system to link cash and digital for money movement and payments across the globe. We are driving our innovation on the back of what our customers want. Skype is a classic example; where customers can enjoy full digital access with a walk-in payment option,” he said.

Glenbrook's 2015 Payments Education Update!

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

April 07, 2015

Headline News from PaymentsNews.com - April 7, 2015

On the Web:

On the Wires:

  • Early Warning to Acquire Authentify - "With Early Warning’s announced acquisition of Authentify and its 2013 equity investment and exclusive agreement with Payfone, the company has created a differentiated digital channels authentication solution suite that augments its identity and payments solutions."

  • Square: Introducing Powerful Online Marketing Tools for the Offline World - "... today we’re releasing a suite of powerful Customer Engagement tools uniquely suited for local businesses. Because you run your business with Square Register, these tools link your online marketing efforts to sales in the real world. With these tools comes Square Marketing, an easy and effective way to drive valuable foot traffic to your store."

  • Vouch Launches the First Social Network for Credit - "Led by a team of PayPal alumni and former banking executives, Vouch is on a mission to lower costs and increase access to financial power. The company allows anyone to bank on the trust they have already developed amongst their family, friends and colleagues to proactively build credit before they need it."

  • Jumio’s Netverify Speeds Up Account Verification Processes by Over 80 Per Cent for Optimal Payments’ NETELLER - Commenting on the deal Lorenzo Pellegrino, executive vice president of NETELLER, Optimal Payments said, “Our account verification process is now 80 per cent quicker, making it faster and easier for customers to pay online. Over three quarters of our account upgrades are now automatically processed through Jumio, saving hours of manual review time by our staff and benefiting our bottom line.”

Glenbrook's 2015 Payments Education Update!

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

April 06, 2015

Headline News from PaymentsNews.com - April 6, 2015

On the Web:

  • Wal-Mart Treasury Exec: Chip & Signature is ‘Worthless’ - AFP - "During a presentation at the Electronic Transaction Association’s Transact conference in San Francisco last week, Mike Cook, senior vice president and assistant treasurer for Wal-Mart, called signature “worthless as a form of authentication” and criticized the rollout of chip-and-signature cards in the United States."
  • More Prepaid Debit Cards Come Without Monthly Fees - Wall St. Journal - "A new survey released Monday by Bankrate.com found that prepaid debit cards are carrying fewer fees and offering customers more chances to avoid additional costs that may be tacked onto the account."
  • FacePay? - TechCrunch - "What if buying something was as easy as Liking it? You’d probably buy a lot more, and buy it through whoever made it so damn simple."
  • Big Investor Involvement Could Boost Bitcoin - Wall St. Journal - “They are all very interested, but it comes down to having some kind of regulatory clarity as well as to the technology available—whether you have something they feel is trustworthy, whether you have a big enough capital base, whether you have good enough technology...”
  • Hacking ATMs, Literally - Krebs on Security - "An ATM technician and KrebsOnSecurity reader shared photos of a recent attack in which three would-be robbers went to town on a wall-mounted cash machine with crowbars and hammers."
  • No cash, no cards - digital currencies and mobile wallets are the future of retail banking - Zawya - "At some stage there will be no cash, no cards, just mobile wallets - everything will be online. Finally digital currencies like Bitcoin, will dominate, at present there are 50,000 transactions a month resulting in billions of dollars of digital currency."
  • Is Mickey Mouse showing us the future of credit cards? - CreditCards.com - "About a year ago, Disney World began offering what it calls "MagicBands" to its annual pass holders and to guests staying at Disney resorts."

On the Wires:

  • Elavon Strengthens its Suite of EMV Offerings with Commerce SDK, Now Enhances Consumer Payment Experience with Apple Pay™ Powered by talech and Ingenico - "The Commerce SDK comprehensive kit accelerates a business’ ability to implement a secure, EMV-compliant payment solution by combining Elavon’s global payment processing, EMV certification coding, encryption and tokenization implementation and hardware support for printers, terminals and mobile devices into one package that is easy to integrate."
  • Brink’s and NetSpend Launch Brink’s Prepaid MasterCard - “Prepaid cards empower those without traditional banking relationships by equipping them with the tools, resources and education to take control of their financial lives and spend responsibly,” said Jeff Feuerstein, group head, U.S. Prepaid, MasterCard. “Access to reputable prepaid offerings from trusted brands such as Brink’s provide cardholders the opportunity to take advantage of all the benefits of electronic payments, including having a secure and convenient means of making purchases, tracking spending, setting budgets and more.”

Glenbrook's 2015 Payments Education Update!

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

Sponsors

News View

Payments Consultants

Subscribe

Languages