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April 15, 2016

Headline News from PaymentsNews.com - April 15, 2016

ON THE WEB

ON THE WIRES

GLENBROOK PAYMENTS EDUCATION EVENTS

Our next Glenbrook payments education events are coming up in May - both in Palo Alto, CA - we hope to see you there!

Bring your colleagues along! Group discounts are available. For more information or to learn about our private workshops conducted at your location, contact Glenbrook's Russ Jones.

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 13, 2016

Headline News from PaymentsNews.com - April 13, 2016

ON THE WEB

  • Why do new chip cards take so long? - Chicago Tribune - "The delay is due to the added security features, the primary reason for using the technology. Specifically, the chip in the card is generating a unique encrypted message between the store and the bank's network."
  • Chip Cards Cause Headaches at Stores Across America - Bloomberg - "A majority of credit cards in the U.S. now contain a chip designed to add more security -- yet most payment terminals at retailers can’t read the new technology. And the situation isn’t going to improve anytime soon."

ON THE WIRES

GLENBROOK PAYMENTS EDUCATION EVENTS

Our next Glenbrook payments education events are coming up in May - both in Palo Alto, CA - we hope to see you there!

Bring your colleagues along! Group discounts are available. For more information or to learn about our private workshops conducted at your location, contact Glenbrook's Russ Jones.

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 12, 2016

Headline News from PaymentsNews.com - April 12, 2016

ON THE WEB

ON THE WIRES

  • First Public Consultation on SEPA Instant Credit Transfer Scheme - European Payments Council - "The European Payments Council (EPC) is today launching the public consultation on the Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst) scheme. The proposed scheme is the first in the world to be interoperable in a region as large as SEPA and is a response to European customer needs for faster payments."
  • Ingenico Group Acquires Think&Go NFC, the Connected Screens Start-up - "Think&Go NFC has developed a technology that enables any kind of digital display to interact with connected objects such as smartphones and transit passes... the connected screens become a vehicle for marketing tools like drive-to-store, couponing, loyalty programs and downloads."
  • SWIFT To Launch New Payments Data Quality Service - "Payments Data Quality [is] an advanced reporting and data analytics service to help financial institutions comply with new international requirements for originator and beneficiary information in payments messages."
  • MIT Adopts Ripple Validator to Advance Consensus and Blockchain Research - "In this new experiment with Ripple, we are taking MIT's experiential research approach to the blockchain, and we anticipate this collaboration will provide us new opportunities to test and deploy data applications and research."

GLENBROOK PAYMENTS EDUCATION EVENTS

Our next Glenbrook payments education events are coming up in May - both in Palo Alto, CA - we hope to see you there!

Bring your colleagues along! Group discounts are available. For more information or to learn about our private workshops conducted at your location, contact Glenbrook's Russ Jones.

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 11, 2016

Headline News from PaymentsNews.com - April 11, 2016

ON THE WEB

  • Facebook Could Blow Up Credit Cards and Make Loans to Billions - Newsweek - "Facebook is reportedly going to give its Messenger app the ability to make payments, much like Apple Pay or Android Pay. This direction became evident way back in 2014, when Facebook hired mobile payments whiz David Markus away from PayPal to run Messenger."
  • Fingerprints to be tested as ‘currency’ - The Japan News - "The government hopes to increase the number of foreign tourists by using the system to prevent crime and relieve users from the necessity of carrying cash or credit cards. It aims to realize the system by the 2020 Tokyo Olympic and Paralympic Games."
  • Should retailers work with Amazon Payments? - Retail Wire - "It's easy to think of Amazon as a big bad competitor, and that's true," Josh Harbour, co-owner of e-tailer Red Dress Boutique, which has been using Amazon Payments. "But merchants have to find ways to compete with them in some areas and work with them, too."

ON THE WIRES

GLENBROOK PAYMENTS EDUCATION EVENTS

Our next Glenbrook payments education events are coming up in May - both in Palo Alto, CA - we hope to see you there!

Bring your colleagues along! Group discounts are available. For more information or to learn about our private workshops conducted at your location, contact Glenbrook's Russ Jones.

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!

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