On the Web:
- Why ‘Buy’ Buttons Will Pose Big Challenges for Google, Facebook, Pinterest and Twitter - Re/code.net - "One year ago, the idea of shopping directly from Google, Pinterest, Twitter or Facebook was mostly unheard of. Today, these companies are hoping it becomes one of the hottest Internet trends over the next year."
- Will Square IPO or will it be sold? - San Francisco Business Times - "Meanwhile, Forbes, citing unnamed sources, reported the company is trying to position itself for an IPO later this year."
On the Wires:
- clearXchange Announces Real-Time Payments Solution - “As people and businesses increasingly transition everyday activities from traditional to online channels they expect things to be completed faster,” said Mike Kennedy, CEO of clearXchange. “This includes financial transactions, particularly those with a need for real-time funds availability such as sending emergency money to kids, paying rent at the last minute or receiving funds for an accident claim or disaster relief. We look forward to offering real-time technology to meet those needs and enable the secure, convenient solutions customers expect from their banks.”
- MasterCard Continues to Define the Future of Digital Payments with Tokenization Support for App, eCommerce and Recurring Payment Card-on-File Programs - “Merchants continue to innovate in many different and compelling ways for consumers to buy from them, including in app, eCommerce, recurring and subscription-based payment environments. These new experiences all involve storing card numbers,” said Ed McLaughlin, chief emerging payments officer, MasterCard. “We are very excited to announce the extension of our industry-leading MDES program to make all of these merchant shopping environments more secure and convenient for their customers using MasterCard tokens, seamlessly enhancing the systems merchants and acquirers already have in place, and eliminating a significant ‘hassle factor’ for consumers when card numbers change.”
- MasterCard Becomes First Network to Add Tokenization Support for Private Label Credit Cards for Use in Digital Wallets - “Thanks to our ongoing innovation and strategic partnerships, we are helping shape the future of how private label credit cards work in whichever digital wallet customers choose,” said Margaret Keane, president and CEO of Synchrony Financial. “It was recently announced that our retail partner, JCPenney, will be among the first to offer its private label credit cardholders the ability to checkout with Apple Pay later this year. We are committed to working with our retail partners, MasterCard, and key payments industry players to preserve the benefits of our private label credit cards and patented Dual Cards in third-party digital wallets.”
Glenbrook's 2015 Payments Education
- Our next spring Payments Boot Camp session is scheduled for August 4-5 in Mountain View, California followed by a one-day Insight Workshop on August 6 on the topic of Data in Payments.
- If you have questions about our payments education program, please contact Carol Coye Benson for more information.
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Updates from Glenbrook:
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