On the Web:
- Ottawa gets ‘tough’ on credit-card issuers with new ‘consumer friendly’ code of conduct - Financial Post - "Beginning this week, companies such as Visa and MasterCard will have 30 days to fall in line with new — but still voluntary — code of conduct guidelines."
- First Data Wants to Turn Its Payment Empire Into a Local Marketing Juggernaut - Street Fight - "We caught up with Peter Karpas, global head of SMB product, to talk about moving beyond the payment business, the company’s acquisition strategy, and where the world’s largest payment processor fits into the future of small business."
- White Lodging Confirms Second Breach - Krebs on Security - "Banking sources back in February 2015 told this author that the cards compromised in this most recent incident looked like they were stolen from many of the same White Lodging locations implicated in the 2014 breach, including hotels in Austin, Texas, Bedford Park, Ill., Denver, Indianapolis, and Louisville, Kentucky."
- Behind PayPal’s Foreign Assets Violations - TechCrunch - "What can financial officers and entrepreneurs at companies who do business with many partners and suppliers learn from the PayPal violations and how can they avoid getting in trouble with the law?"
On the Wires:
- InstaMed Delivers Apple Pay to Healthcare - “Approximately 20 percent of consumers have unpaid healthcare bills as a result of confusion in the payments process. This will only grow as more and more consumers continue to enroll in high deductible health plans,” said Chris Seib, CTO and Co-Founder of InstaMed. “To resolve consumer confusion and rising bad debt, the healthcare industry must deliver a simple, secure and private payment process with innovative technology, including Apple Pay."
- YapStone Names Daniel Issen as Chief Technology Officer - “We are thrilled to have Daniel join as YapStone’s CTO. He brings impressive technology and payments experience from his roles at past companies, including Amazon, Google, PayPal and eBay, and he’ll be instrumental to our growth,” said Tom Villante, Chairman & CEO and Co-Founder of YapStone.
Glenbrook's 2015 Payments Education Update!
- Our payments education schedule for 2015 is now available. Our next spring Payments Boot Camp session is scheduled for New York City on April 14-15. We're also holding a one-day Insight Workshop on April 16 following the New York Boot Camp on the topic of Faster Payments. On May 19-20, we will be holding a Payments Boot Camp in Menlo Park, California followed by a one-day Insight Workshop on May 21 on the topic of The New Point of Sale.
- If you have questions about our payments education program, please contact Carol Coye Benson for more information.
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Updates from Glenbrook:
- Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews