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NCR

Welcome to the News View for "NCR".

Here, on these archive pages, you'll find all of the articles on Payments News for NCR listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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June 17, 2015

Headline News from PaymentsNews.com - June 17, 2015

On the Web:

On the Wires:

  • Coming Soon!

Glenbrook's 2015 Payments Education

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!

May 18, 2015

Headline News from PaymentsNews.com - May 18, 2015

On the Web:

  • Can Google Outsell Amazon and eBay? - Wall St. Journal - "Google Inc. will launch buy buttons on its search-result pages in coming weeks, a controversial step by the company toward becoming an online marketplace rivaling those run by Amazon.com Inc. and eBay Inc."
  • Reid Hoffman: Why the block chain matters - Wired UK - "Why? Because in my experience, the most transformative ideas are not the ones that achieve broad consensus early on. Instead, they're the ones that are so uniquely out there, so contrarian, that even informed observers have wildly differing opinions regarding their potential value."
  • Decoding the Enigma of Satoshi Nakamoto and the Birth of Bitcoin - New York Times - "It may be impossible to prove Satoshi’s identity until the person or people behind Bitcoin’s curtain decide to come forward and prove ownership of Satoshi’s old electronic accounts. At this point, the creator’s identity is no longer important to Bitcoin’s future."
  • Apple Pay seeks alliance with Alipay in China - Want China Times - "Apple CEO Tim Cook said during his trip to China on May 13 that Apple Pay is seeking to ally with Alibaba's Alipay in tapping the Chinese market in order to challenge the dominant status of China UnionPay."

On the Wires:

  • Oberthur Technologies Partners with Samsung for the Launch of Samsung Pay in Europe - "We are very proud to have been the first selected by Samsung for the launch of Samsung Pay in Europe and to bring this new service to the many banks who will partner with us in Europe. Combining our unmatched expertise in the secure provisioning of payment means and other services with PEARL by OT® eSE we are connecting Samsung to a large ecosystem of service providers worldwide,” said Marek Juda, Managing Director of the Solutions Business Unit at OT.
  • NCR Unveils Orderman7 Mobile POS Solution for the Hospitality Industry - "With Orderman7’s large, high-resolution 5-inch HD display, users can assist customers in all types of situations, even in direct sunlight. The Orderman7 gives hospitality employees a “smartphone-like” experience combined with shock-resistant and water-tight design, while featuring programmable side buttons for the most frequently used functions."
  • Toshiba and ITAB Join Forces to Offer Cutting Edge Innovation in Checkout - “In a retail landscape that changes so rapidly, joining in an alliance with Toshiba enables us to deliver unique solutions to the retail market that leverage the combined strengths of both companies,” said Niklas Thoresson, Chief Business Officer, ITAB. “Through our joint solutions, retailers have the opportunity to improve sales and efficiency in their store operations.”

Glenbrook's 2015 Payments Education

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!

May 12, 2015

Headline News from PaymentsNews.com - May 12, 2015

On the Web:

On the Wires:

  • Chase Expands Chip Technology to Debit Cards and ATMs to Help Protect Consumers and Businesses - “Fraud and security threats facing consumer payments today is a complex issue that can’t be solved with any single technology,” said Gordon Smith, CEO of Chase Consumer and Community Banking. “We’re working to employ a variety of approaches to protect our customers – adopting chip technology is a critical step on this journey.”
  • Early Warning and NCR to Enable Cross-Institution Real-time Good Funds Network - "Early Warning’s good funds network will facilitate communication among financial institutions, giving a participating depositing bank a real-time guarantee for check and ACH transactions and will support both credit push and debit models. As a result, customers will receive faster availability of funds on deposited items and instant notification of items presented for deposit – all based on real-time activity."
  • Stratos Unveils Digital Card Issuance Platform at Finovate - “Stratos is reinventing the wallet. Just as consumers have migrated their music collections into digital formats such as iTunes, so too are cardholders now compressing what goes into their wallet,” said Thiago Olson, co-founder and CEO of Stratos.

Glenbrook's 2015 Payments Education

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!

May 08, 2015

Headline News from PaymentsNews.com - May 8, 2015

On the Web:

On the Wires:

  • Global Bitcoin Exchange itBit Today Starts Accepting U.S. Customers Nationwide Through New York State Trust Company Charter - “Our mission at itBit has always been to create a trusted, institutional-grade exchange and regulatory compliance is an important pillar of that mission,” said itBit CEO and co-founder Charles Cascarilla. “Regulatory approval from the NYDFS allows us to serve as a custodian for our clients’ assets and expand our services to U.S. customers – the largest market of bitcoin traders in the world – and allows us to do so with the highest standard of care afforded by any Bitcoin company.”
  • Elavon Promotes Wally Mlynarski to Lead Global Product and Innovation - “Wally has been instrumental in driving Elavon’s efforts to bring some of our most sophisticated products and services to market that allow customers to engage consumers as they shop online, offline and via mobile devices,” said Simon Haslam, president and CEO of Elavon. “Wally’s new role speaks to his many talents as well as Elavon’s commitment to attract and develop the best talent in the industry.”
  • NCR Modernizes Payments Infrastructure with Launch of Latest Version of Authentic - “We are committed to providing our customers with a modern, flexible payments infrastructure that will grow with them and enable them to respond to any demands the business places on them,” said Steve Nogalo, vice president and general manager of Payments Solutions at NCR. “With the latest version of Authentic, we have incorporated the flexibility of the Google Web Toolkit, as well as providing new features and enhancements to further improve usability and flexibility. With Authentic we constantly strive to deliver a solution that our customers can rely on today and in the future – whatever the future may bring.
  • Green Dot Reports First Quarter 2015 Financial Results - ""These positive results represent our first full quarter of the new, consolidated Green Dot, inclusive of our acquisition of TPG and two smaller prepaid program managers, AccountNow, Inc. and Achieve Financial Services, LLC. Despite being negatively impacted by approximately $12 million resulting from fewer reload transactions attributed to the discontinuation of MoneyPak, we posted significant revenue and adjusted EBITDA growth during the period as a result of both the incremental revenue and EBITDA contribution from our new acquisitions and better-than-expected performance in our organic branded and private label account business."

Glenbrook's 2015 Payments Education

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 22, 2015

Headline News from PaymentsNews.com - April 22, 2015

On the Web:

On the Wires:

  • eBay Inc. Reports First Quarter Results - "We had a strong first quarter, with eBay and PayPal off to a good start for the full year," said eBay Inc. President and CEO John Donahoe. "I feel very good about the performance of our teams at eBay and PayPal. Each business is executing well with greater focus and operating discipline as we prepare to separate eBay and PayPal into independent publicly traded companies. We are moving forward with clarity and speed, with a smooth separation expected in the third quarter. We are deeply committed to setting up eBay and PayPal to succeed and to deliver sustainable value to our shareholders."
  • NACHA Announces 2015 Payments System Awards Recipients - “NACHA is proud to recognize New York City CPRS, Verifone and Wells Fargo as recipients of the 2015 Payments System Awards,” said Janet O. Estep, president and CEO of NACHA. “They each have contributed significantly to leadership and excellence in payments by finding innovative ways to evolve their processes and products to meet the needs of a changing industry.”
  • First Data and Sam’s Club Collaborate to Fuel Small Business Growth - “With this expanded agreement, First Data is making a significant commitment to millions of Sam’s Club members who currently operate or are looking to open a business in the U.S.,” said Chris Foskett, Head of Global, Strategic and National Accounts at First Data. “Extending this relationship with Sam’s Club gives us the opportunity to enable more business owners and operators to achieve their dreams.”
  • Wells Fargo Startup Accelerator Taps 3 New Early-Stage Companies - “If a startup can sell its idea to us,” said Steve Ellis, Wells Fargo head of Wholesale Services, “they can sell it to a lot of other banks, which can benefit the entire financial services industry.”
  • OTG and NCR Introduce Tech-enhanced Airport Shopping Experience - “NCR’s consumer transaction technologies enable us to offer our customers more control over their experience,” said OTG CEO Rick Blatstein. “We continue to introduce technologies that our customers are familiar with, such as self-checkout and mobile payment options like Apple Pay, which allow our crew members to spend more time on hospitality.”
  • Open Identity Exchange Launches OIXnet: A Global Registry for Trust Frameworks - “Trusted transactions are the engines of online services,” said Don Thibeau, OIX Chairman and President. “Like an Underwriter Lab’s seal of approval on products, OIXnet is a neutral, open online registry that enables a similar level of trust and discovery at Internet scale for a wide variety of trust frameworks.”
  • Green Dot Awarded New Mobile Patent, Expanding its Patent Library Related to Secure and Geo-Location-Aware Devices - "Green Dot Corporation today announced the issuance of U.S. Patent No. 8,989,778, a patent that is directed to secure and private location sharing for location-aware mobile communication devices."

Glenbrook's 2015 Payments Education

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 15, 2015

Headline News from PaymentsNews.com - April 15, 2015

On the Web:

On the Wires:

  • Ingenico Group Enables Long John Silver’s to Deploy an End-to-End Secure Payment Solution Combining EMV and Point-to-Point Encryption - “As we prepared for the advent of chip-based cards, we also wanted to implement a solution with point-to-point encryption (P2PE) to provide bulletproof security over our customers’ cardholder data, while also easing the process of meeting increasingly complex PCI requirements,” said Craig Daniel, chief financial officer for Long John Silver’s.
  • NCR Signals Massive Makeover to Banking with Highly Secure Cloud-Based ATM Software Platform - “NCR’s Kalpana software is the most disruptive change to the ATM ecosystem in decades. Business and consumer applications are increasingly turning to enterprise or cloud-based solutions that reshape security and enable fast, nimble and dynamic customer experiences,” said Andy Heyman, president, NCR Financial Services. “Kalpana software is ideal for financial institutions and independent ATM deployers looking to improve security, quickly advance service delivery through technology, and reshape their cost to serve.”
  • Trustonic and Mobeewave Partner to Provide Unprecedented Security Level in Mobile Payment - "Up to now mPOS solutions have not completely secured the interaction with consumers on mobile devices unless merchants used add-on devices. Now, just by downloading the Mobeewave mPOS application into merchant mobile devices supporting the Trustonic technology, the consumers will be able to securely tap their contactless card or smartphone against the merchant’s mobile device. The Trustonic TEE technology secures the interaction with the cardholder on the merchant’s device itself by leveraging the Trusted User Interface."

Glenbrook's 2015 Payments Education

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!

March 16, 2015

Headline News from PaymentsNews.com - March 16, 2015

On the Web:

  • Alibaba’s Jack Ma Demos Pay-With-Your-Face Technology - Re/code.net - "In Hannover, Germany, Sunday night, where he was a headline speaker at the CeBit conference getting under way this week, Ma capped his speech by demonstrating a payment system on a smartphone using facial recognition technology."
  • Naver Bets On Mobile Payment Boom - Wall St. Journal - "The new mobile payment service, to be called Naver Pay, will allow consumers to buy goods online using smartphones or traditional computers in some cases without having to punch in any passwords."
  • BMO Harris Bank launches cardless ATMs - Chicago Tribune - "Generally, cardless cash machines work by creating a QR code, a square matrix-style bar code. Customers sign into the mobile app and hold their smartphones over the QR code on the ATM, which dispenses the desired cash."
  • Withdraw Cash Without a Card? There’s an App for That - Wall St. Journal - "The latest gambit by banks to reduce card fraud? Get rid of the card."
  • Authorities Closing In on Hackers Who Stole Data From JPMorgan Chase - New York Times - "Law enforcement officials believe that several of the suspects are “gettable,” meaning that they live in a country with which the United States has an extradition treaty."

On the Wires:

  • TA Associates Announces Investment in YeePay - “Key drivers in the third-party payment industry in China include growth in the issuance of bank and credit cards, increased consumer spending, growth in online and mobile payments, and government promotion of non-cash payments,” said Naveen Wadhera, Director and Co-Head of Asia at TA Associates Asia Pacific Ltd. “It is estimated that only 10 percent of small and medium-size businesses in China have a point of sale payment solution, so we expect penetration of that offline market will also drive industry growth.”
  • WEX to receive Australian MasterCard® Issuing Licence under new regulatory framework - "The Australian MasterCard issuing license was granted following regulatory changes made by the Reserve Bank of Australia to the MasterCard and Visa access regimes, which came into effect on 1 January 2015. The changes were designed to encourage access to and greater competition in the Australian market."
  • NCR Software Drives Transaction Switching at Mexico’s Largest Electronic Payments Processor, E-Global - “With the high volumes of transactions handled by E-Global on a daily basis, the support and performance of its transaction platform is essential,” said Steve Nogalo, vice president and general manager of Payments, NCR Financial Services. “With Authentic, E-Global has the flexibility and visibility it needs to deliver a best-in-class experience to its merchants and the consumers they serve.”

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!

January 26, 2015

Headline News from PaymentsNews.com - January 26, 2015

On the Web:

  • Google taps WePay to put Wallet support in 200K more online stores - VentureBeat - “This integration with WePay will now expand its reach and allow us to support small business owners through WePay’s hosted payment offering, making it easier for them to accept payments online and on mobile devices,” says Steve Klebe, Business Development, Payments for Google.
  • Coinbase Launches First Regulated Bitcoin Exchange in the U.S. - Coinable Blog - "Coinbase Exchange provides a reliable and secure platform for bitcoin trading that is backed by investors such as the New York Stock Exchange."
  • First U.S. Bitcoin Exchange Set to Open - Wall St. Journal - "Coinbase Inc., a startup backed by $106 million from the New York Stock Exchange, banks and venture-capital firms, said its exchange will offer greater security for individuals and institutions to trade bitcoin and monitor real-time pricing of the cryptocurrency."
  • Stripe Partners With Intuit To Help On-Demand Workers Keep Track Of Their Finances - "Through the partnership, people who work for on-demand platforms that make their payments through Stripe will be able to easily connect with Intuit’s new QuickBooks Online Self-Employed software."
  • Increasing the GDP of the Internet - MIT Technology Review - "In an interview with MIT Technology Review’s San Francisco bureau chief, Tom Simonite, in the cafeteria at his company’s headquarters in the Mission district of San Francisco, CEO and cofounder Patrick Collison explains how he is trying to increase the small fraction of spending that takes place through e-commerce."
  • Inroads Made by Apple Pay Propel ‘Mobile Wallet’ Idea - Wall St. Journal - "Apple Inc. ’s payments service, now three months old, is making progress toward a goal that has eluded other mobile wallets: persuading people to use it."

On the Wires:

Glenbrook's 2015 Payments Education Schedule Now Available!

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!

January 12, 2015

Headline News from PaymentsNews.com - January 12, 2015

On the Web:

  • MasterCard Reaches Deal with Russia - Wall St. Journal - "MasterCard and Russia’s national payment system agreed on Dec. 30 to gradually move the processing of the U.S. company’s transactions within Russia under the roof of its Russian counterpart, the central bank said."
  • Alibaba Pays to Play in India - Wall St. Journal - "The Indian company’s prize asset is Paytm, a mobile-payments platform, which also runs an online marketplace in India that matches merchants to shoppers, similar to Alibaba’s business model in China."
  • Level Money has joined Capital One - Level Money Blog - "Much younger and nimbler than any other top bank, Capital One is a founder-led company on a mission to transform the way banking is done. Taking a technology-based, consumer-centric focus to banking is core to what Capital One does, and on that team we found a deep passion for solving old problems in a new way."
  • PayPal Credit Expansion Now Lets Merchants Set Terms, Including Option For Interest-Free Payments - TechCrunch - "PayPal Credit is expanding its support for monthly payments with an option for retailers that allows them to decide on the number of months and interest rates that work best for their customers."
  • Why Tort Liability Won’t Produce Good Cybersecurity - Steptoe Cyberblog (Stewart Baker) - "In the end I doubt that liabilities to issuing banks will drive much cybersecurity either, not because the claims are low — they’re more likely to be in the $50 per card range — but because establishing liability will not be all that easy and because things like tokenization will likely prove much cheaper than improving security.)"
  • SWIFT appoints new Chief Technology and Chief Operations Officers - SWIFT - "SWIFT announces the appointment of Craig Young as Chief Technology Officer and Marcel Bronmans as Chief Operations Officer. Both Young and Bronmans will sit on SWIFT's Executive Committee and report directly to CEO Gottfried Leibbrandt."

On the Wires:

  • Heartland First to Offer Comprehensive Merchant Breach Warranty - "Heartland’s breach warranty is offered at no charge to its Heartland Secure™ merchants in the first year and can be extended for $8.33 per month per card-entry device. To be covered under the warranty, a merchant must have a Heartland Secure-certified device and process payments through Heartland on that device."
  • Verifone Offers Merchants a Single mPOS Payment Terminal to Support All Major Smart Device Options - “The prospect of having to purchase new mPOS devices for sales associates when smartphones and tablets are upgraded has been a major inhibitor to mPOS investment among retailers,” said Mark Shockley, senior vice president of Mobile Solutions for Verifone. “Verifone’s single, modular solution will offer the ultimate in mPOS flexibility, allowing it to persist across changes in devices, even if somebody wants to make a complete switch from one OS to another.”
  • Vantiv Certifies Verifone’s Secure Commerce Architecture - “Vantiv’s certification of SCA from Verifone combined with Point-to-Point Encryption ensures many more merchants can significantly reduce their exposure to large scale payment data breaches, and further reduce the complexity associated with EMV certification,” said Rob McMillon, vice president of Product Security for Verifone.
  • Bank of America Launches National Advertising Campaign for Preferred Rewards - “When we spoke to our clients to find out what they valued most from a rewards program, they clearly said they seek everyday rewards and benefits that they would actually use,” said David Dintenfass, Global Wealth and Investment Management and Consumer Marketing executive at Bank of America.
  • NCR Unveils a New ‘Grab and Go’ Self-Checkout Solution - "Whether in the supermarket or at a convenience, department, specialty or DIY retailer, there is a large amount of checkout traffic that can be handled with this card-only, small footprint solution,” says Dusty Lutz, general manager self-checkout solutions at NCR Retail. “This technology is ideally designed for ‘grab-and-go’ convenience for driving more revenue and convenience during peak shopping hours.”
  • FreedomPay Announces PCI-Validated Point-to-Point Encryption And EMV Support Through Newly Enhanced Microsoft Azure - “The FreedomPay Commerce Platform on Azure offers customers security, scalability and access to real-time data,” said Christopher Kronenthal, Chief Technology Officer at FreedomPay. “Microsoft has enabled FreedomPay to deploy one of the industry’s most comprehensive payment security standards and transactional data services to merchants embracing a real-time retail ecosystem.”
  • BMO Launches iPad App with Integrated Access to Banking and Self-Directed Investing - "With one streamlined login, customers can easily manage their personal banking and self-directed investing with the added benefit of a personal financial management tool," said Cesar Rainusso, Vice-President, Digital Channels, BMO Financial Group.

Glenbrook's 2015 Payments Education Schedule Now Available!

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!

December 16, 2014

Headline News from PaymentsNews.com - December 16, 2014

On the Web:

  • Banks: Park-n-Fly Online Card Breach - Krebs on Security - "...Park-n-Fly said it recently engaged multiple outside security firms to investigate breach claims made by financial institutions, but so far has been unable to find a breach of its systems."
  • Mobile rewards gain stature as currency for airlines - Mobile Commerce Daily - “Last month, we began offering our MileagePlus X mobile app to a test group of members, enabling them to use their mobile devices to earn miles when making purchases at certain stores.”
  • Dozens More Companies Sign Up for Apple Pay - New York Times - "On Tuesday, Apple announced that in recent weeks the company had signed up dozens more banks, retail stores and start-ups to adopt Apple Pay..."
  • Samsung in Talks to Launch Apple Pay Competitor - Re/code.net - "It is not yet clear if Samsung has reached a deal with the startup, Burlington, Massachusetts-based LoopPay. One source said the deal could still fall apart. A prototype of the payments system working on a Samsung phone has been created, the other source said."
  • Australian Regulator: Bitcoin is Not a Financial Product - CoinDesk - "Digital currencies are not a financial product and operators do not need licenses to trade or hold them, the Australian Securities and Investments Commission (ASIC) has said."

On the Wires:

  • Adyen Raises $250 Million in Funding to Accelerate Growth of Its Global Payments Platform - “Adyen is at the forefront of a rapidly globalizing payments market with tremendous growth potential,” said Jonathan Korngold, managing director and global head of General Atlantic’s Financial Services Sector. He continued, “In addition to exponential growth in e-commerce, we are also seeing a rise in consumer demand for integrated experiences across in-store and online shopping. Considering the inherent opportunities in both of these trends, we believe that Adyen is well-positioned to extend its position as the leading global payments solution in the years to come.”
  • First Data and Verifone Partner to Combat Consumer Payment Data Theft - "While EMV acceptance in the marketplace will strengthen data protection, it creates a burden on merchants and those that serve them,” said Guy Chiarello, president of First Data. “This partnership with Verifone furthers our objective of working with the leading payment technology providers to benefit merchants and their customers.”
  • EMV Chip Technology Is the Future of U.S. Payments: Get the Facts in New EMV Migration Forum Infographic - "The Forum developed this resource to be a high-level, easy-to-read visual guide to the must-know facts about chip technology and the U.S. migration. We think this will be a particularly useful aid for payment stakeholders in building their own educational materials on chip payments."
  • ShopKeep Apple Pay & Chip Card Reader Available Now - "ShopKeep’s new reader offers independent business owners the latest in payment technology and additional security features for each credit card transaction. The device, powered by Ingenico Mobile Solutions, the leading mobile commerce platform provider, connects to the ShopKeep register app via Bluetooth. It retails for $249, and for a limited time, new customers will receive a free reader upon signing up for a ShopKeep account."
  • NCR Silver POS Integrates with LevelUp to Provide Merchants with New Payment Option - "NCR Silver merchants can activate the LevelUp application as a payment option in their POS system. Once activated, customers pay by scanning unique QR codes generated by the LevelUp app during checkout."
  • Time Inc. Partners with Coinbase to Become the First Major Magazine Publisher to Accept Bitcoin Payments - "Time Inc. joins a growing list of businesses, such as Overstock.com, Google and Expedia, partnering with Coinbase to integrate bitcoin into their customer payment options."
  • Elavon and Union Bank Extend Alliance Relationship - “Merchant Services is an important offering that helps our customers grow their businesses,” said Brian Milton, managing director of Retail Home Equity, Credit Card and Merchant Services for Union Bank. “By combining our banking expertise with Elavon's premier payment-processing network, our customers have a one-stop solution for all of their banking and payment-processing needs.”
  • Apple's® iBeacon™ Technology Made Simple for Retailers, App Developers and Consumers with New BeaconStream End-to-End Solution - "By offering intelligent software and better beacons, we've made it easy for every part of the ecosystem to generate and experience the magical moments that iBeacon technology delivers," said Venkat Nallapati, CEO, BeaconStream. "Our breakthrough solution removes the complexity of implementing real-world interactions with consumers and offers superior features to enhance and track return-on-investment."

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!

December 09, 2014

Headline News from PaymentsNews.com - December 9, 2014

On the Web:

On the Wires:

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!

November 26, 2014

Headline News from PaymentsNews.com - November 26, 2014

Happy Thanksgiving!

  • To our friends and readers in the United States, best wishes for a wonderful Thanksgiving celebration with your family and friends! We'll be back at the news desk on Monday, December 1st.

On the Web:

  • Discover Sues Visa Over Debit-Card Practices - Wall St. Journal - "Discover is challenging a Visa rule that requires financial issuers of Visa signature debit cards to also include Visa’s PIN services instead of allowing other PIN networks like Pulse to compete for that business."

On the Wires:

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!

November 24, 2014

Headline News from PaymentsNews.com - November 24, 2014

On Twitter:

On the Web:

  • Chase Debuts First Spot Featuring Apple Pay - Ad Age - "We've been working with Apple for a long time -- over a year -- on this partnership," said Chase Chief Brand Officer Susan Canavari. "We thought about their values as well as ours, and we both focus on our customers."
  • Square will soon accept Apple Pay - CNN Money - "Square founder Jack Dorsey -- who also famously launched Twitter -- told CNN that he wants to help businesses accept all forms of payments, and Apple Pay is no exception."
  • 'Tis is the season for mobile shopping - Google Official Blog - "Starting this week, when you search for a specific product on your smartphone or tablet you’ll see more detailed information about the product and where to buy it, like which stores have it available and product reviews from customers."
  • Shoppers Go Mobile Black Friday Weekend - Google Shopping Blog - "To get a read on the trends heading into Black Friday, we took the temperature of holiday shopping online. We looked at search trends on Google, insights from Google Consumer Surveys and top trending purchases on our same-day delivery service, Google Express."

On the Wires:

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!

November 10, 2014

Headline News from PaymentsNews.com - November 10, 2014

On the Web:

  • Cultural Adventures In Payment Systems – Part I - Monday Note (Jean-Louis Gassée) - "This insouciant way of doing business was unheard of in my Gallic homeland. The French (and most Europeans) think that trust is something that must be earned, that it has a value that is debased when it’s handed out too freely. They think an American’s trusting optimism is naïve, even infantile."
  • Can Apple Pay and CurrentC Coexist? - PC World (Tim Bavarian) - "What I suspect will happen is that stores backing CurrentC will eventually cave and also offer Apple Pay, too. There is no reason they should not coexist."
  • Why Facebook Has Entrusted Its Future to the CEO of PayPal - Wired - "The company that controls the messaging platform will control the future of the way we interact with people and, quite possibly, with businesses."
  • Apple Watch set to become gatekeeper to the iPhone - Mobile Commerce Daily - "I am excited for the Apple Watch and believe that it is going to be a game-changer for consumers and marketers alike."
  • Happy Birthday to the FICO® Score! - FICO Blog - "The FICO® Score is 25 years old in 2014. Introduced in 1989, it democratized access to credit by removing many of the barriers to fair lending."

On the Wires:

  • NCR Silver POS to Support Bitcoin - "Bitcoin support, which will be integrated with NCR Silver by the end of 2014, will be free to merchants. After registering with a bitcoin processor, all merchants have to do is activate bitcoin as a payment option in the POS back office within NCR Silver. Consumers, meanwhile, pay using a mobile bitcoin “wallet” app which is available in either the Apple App StoreSM or Google PlayTM store."
  • Citi Convenes Developers from around the Globe to Unveil Innovative Digital Banking Solutions at Citi® Mobile Challenge Demo Days - “Through Citi Mobile Challenge, we are reaching out to developers in a groundbreaking way with the ultimate goal of improving client experiences,” said Heather Cox, Chief Client Experience, Digital and Marketing Officer for Global Consumer Banking at Citi. “This global initiative is the first of its kind in banking. The scope is unprecedented, with several hundred submissions from 62 countries."
  • Borderfree Brings Top U.S. Retailers to Chinese Shoppers This Holiday Season with New Alipay ePass Service - “We believe the time is finally right for retailers to aggressively enter the Chinese market, and Borderfree is actively exploring new ways to help our customers more effectively reach this tremendous consumer base,” said Michael DeSimone, Chief Executive Officer, Borderfree.
  • Drive Mobile Banking Adoption by Focusing on Three Key Areas Says Fiserv White Paper - "Titled “Exceeding the Mobile Adoption Benchmark: Effective Strategies for Driving Greater Adoption and Usage,” the complimentary white paper provides proven, actionable strategies to optimize mobile banking investments, with a focus on the three key areas of product investment, marketing and frontline staff engagement."

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!

October 17, 2014

Headline News from PaymentsNews.com - October 17, 2014

On the Web:

On the Wires:

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!

September 09, 2014

Headline News from PaymentsNews.com - September 9, 2014

On the Web:

On the Wires:

  • Apple Announces Apple Pay - “Security and privacy is at the core of Apple Pay. When you’re using Apple Pay in a store, restaurant or other merchant, cashiers will no longer see your name, credit card number or security code, helping to reduce the potential for fraud,” said Eddy Cue, Apple’s senior vice president of Internet Software and Services.
  • Apple Announces iPhone 6 & iPhone 6 Plus—The Biggest Advancements in iPhone History - "For the first time iPhone is available in two new sizes: iPhone 6 features a stunning 4.7-inch Retina® HD display with 1334 x 750 resolution, providing 38 percent more viewing area than iPhone 5s, while iPhone 6 Plus features an even bigger 5.5-inch Retina HD display with 1920 x 1080 resolution, providing 88 percent more viewing area and nearly three times the pixels than iPhone 5s."
  • MasterCard Works with Apple to Integrate Apple Pay - “We have been a pioneer of mobile commerce innovation for years – including the world’s first contactless and mobile payment solutions. We're thrilled that MasterCard cardholders will soon be able to make payments from their iPhone 6, iPhone 6 Plus and Apple Watch, knowing that every purchase is secure and offers all the same guarantees and benefits they've come to expect from using their MasterCard.”
  • Visa and Apple Opening a New Era of Payments on Mobile Devices - “Combining the trust, scale and security of Visa payments with Apple Pay will accelerate adoption of mobile payments,” said Charlie Scharf, Chief Executive Officer, Visa Inc. “We said from the beginning that token services would provide great new consumer and merchant experiences, and you’re seeing it today in our efforts with Apple, and there’s more to come.”
  • Capital One Brings Payment Innovation to Customers with Apple Pay - “Working with Apple, we’re excited to bring Apple Pay to tens of millions of Capital One customers,” said Frank LaPrade, Chief Enterprise Services Officer, Capital One Financial Corporation. “We are laser-focused on the evolution of digital products and services. Our goal is to provide our customers with payment options that help them succeed and simplify their lives.”
  • U.S. Bank Provides Customers an Easy Way to Pay with Apple Pay - “Having been a part of a group of industry leaders paving the way to more convenient and secure mobile and online payments, it’s clear that Apple Pay is a tremendous step forward,” said Pamela Joseph, vice chair and head of the payments division at U.S. Bank. “Consumers are never far from their mobile devices, so making it safer and easier to pay with those devices is great news for our customers and for the industry. Combining Apple’s history of innovation with the scale and loyalty of U.S. Bank, Apple Pay has the ability to impact and drastically accelerate the adoption of mobile payments."
  • Visa Launches Innovative Token Service - "Visa Token Service replaces sensitive payment account information found on plastic cards with a digital account number or “token”. Because “tokens” do not carry a consumer’s payment account details, such as the 16-digit account number, they can be safely stored by online merchants or on mobile devices to facilitate ecommerce and mobile payments."
  • NCR to Help Industries Integrate Apple Pay - “With Apple Pay, Apple has transformed mobile payments and will have an impact on the industry like never before. We are thrilled to be working closely with Apple to help Retail and Hospitality customers integrate this new method of payment into their operations, providing an easy, safe and secure way to pay with a single touch,” said Jimmy Fortuna, Vice President of Product Development and Chief Technology Officer, NCR Hospitality.
  • The Debut of Apple Pay Creates a Dynamic New Platform for Powerful First Data Transaction Technology - “Apple Pay has transformed mobile payments in a way that our clients will love, and will have an impact on the industry like never before,” said Frank Bisignano, First Data’s Chairman and CEO. “We’re thrilled to bring First Data solutions to support Apple Pay, along with the financial institutions, merchants developing apps and consumers to provide an easy, safe and secure way to pay with a single touch.”
  • TSYS Supports Apple Pay - “TSYS’ support of Apple Pay is a landmark opportunity for us and demonstrates our people-centered approach to payments for all parties in the payments ecosystem,” said M. Troy Woods, president and chief executive officer, TSYS. “Our number one priority is security for the banks and retailers we serve, so their customers can conduct their lives with confidence and convenience. Apple Pay will change the face of the mobile payments industry and our role in the digital marketplace.”
  • The Home Depot Provides Update on Breach Investigation - “We apologize for the frustration and anxiety this causes our customers, and I want to thank them for their patience and support as we work through this issue,” said Frank Blake, chairman and CEO.

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!

May 15, 2014

Headline News from PaymentsNews.com - May 15, 2014

On the Web:

  • Payments regulation: a summary of the latest views - Financial Services Club Blog (Chris Skinner) - "This new generation could be real-time payments, which were discussed in a strategy roundtable session. At present there are around 35 faster or real-time payments initiatives launched or under development globally."
  • EMV migration won't save retail - Fierce RetailIT - "Some contend that fraud will actually increase during the shift to EMV cards."

On the Wires:

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!

May 06, 2014

Headline News from PaymentsNews.com - May 6, 2014

On the Web:

On the Wires:

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!

March 05, 2014

Headline News from PaymentsNews.com - March 5, 2014

On the Web:

  • Target CIO Resigns Following Massive Data Breach - TechCrunch - "Target Corp.’s Chief Information Officer Beth Jacob is resigning, effective immediately..."
  • Sally Beauty Hit By Credit Card Breach - Krebs on Security - "Nationwide beauty products chain Sally Beauty appears to be the latest victim of a breach targeting their payment systems in stores..."
  • Stripe launches new Checkout - Stripe Blog - "Each site should not have to duplicate the work of device optimization and A/B testing. When you use Checkout, you have a team of Stripe engineers and designers continually optimizing your payment interface."
  • EBay CEO Reiterates Company Stronger With PayPal - Wall St. Journal - "EBay helps PayPal grow faster by creating a flywheel effect because PayPal is the primary and, in some cases, exclusive way to pay on eBay."
  • HCE: We're not in Kansas anymore - Mobile Payments Today (Cherian Abraham) - "There is a lot of potential in the closed-loop space with HCE, that retailers are ignoring due to a "scorched earth" approach toward contactless."

On the Wires:

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!

January 13, 2014

Headline News from PaymentsNews.com - January 13, 2014

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Next Glenbrook Payments Boot Camps: Feb 4-5 in Palo Alto, CA; March 18-19 in New York City. Alternatively, you can request a private Payments Workshop held on-site at your location.

On the Web:

On the Wires:

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!

January 09, 2014

Headline News from PaymentsNews.com - January 9, 2014

Next Glenbrook Payments Boot Camps: Feb 4-5 in Palo Alto, CA; March 18-19 in New York City. Alternatively, you can request a private Payments Workshop held on-site at your location.

On the Web:

On the Wires:

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!

January 08, 2014

Headline News from PaymentsNews.com - January 8, 2014

Next Glenbrook Payments Boot Camps: Feb 4-5 in Palo Alto, CA; March 18-19 in New York City. Alternatively, you can request a private Payments Workshop held on-site at your location.

On the Web:

  • Inside Bitcoin - John Patrick - "Banks, credit card companies, and money transfer companies do not like Bitcoin because the new digital currency model threatens the status quo and related fees. In the early days of the World Wide Web, there were similar views to what we hear about Bitcoin."
  • The MTA Plans to Turn New Yorkers’ Smartphones into Subway Passes - Skift - "The MTA plans to have a next-generation fare payment system in place by 2019, says agency spokesman Aaron Donovan."
  • Real-time Fraud Prevention - Emerging Payments Strategies (FIS) - "The better your anti-fraud strategies and solutions, the better you’ll be at protecting your institution and your cardholders. These pressures are driving the industry toward more and more real-time solutions that attempt to stop fraud before it starts."
  • Bitcoin isn’t Money—It’s the Internet of Money - The Umlaut (Eli Dourado) - "The Internet model improves upon the traditional telephone model by making possible what Vint Cerf calls “permissionless innovation.” Tim Berners-Lee was able to launch the World Wide Web without waiting for Internet service providers to support it."
  • Bitcoin Woos Washington to Ensure Lawmakers Don’t Kill It - Bloomberg - "The outreach is aimed at ensuring that wary lawmakers don’t kill the embryonic industry and regulators provide a clear set of rules to play by."
  • Bitcoin Banned by Alibaba’s Taobao After China Tightens Rules - Bloomberg - "Alibaba Group Holding Ltd., China’s largest e-commerce website, will ban the sale of Bitcoin and other virtual currencies after the country’s central bank tightened regulations in December."
  • Alibaba Online-Payment Affiliate Teams With Sina Corp. - "The affiliate, called Alipay, said on its official microblog account that the new service allows users of Sina's Weibo microblog service to make online and offline payments through their Alipay accounts."

On the Wires:

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!

December 05, 2013

Headline News from PaymentsNews.com - December 5, 2013

On the web:

On the wires:

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!

December 02, 2013

Headline News from PaymentsNews.com - December 2, 2013

On the web:

On the wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

November 22, 2013

Headline News from PaymentsNews.com - November 22, 2013

On the web:

  • Will U.S. consumers and retailers ever be ready for NFC? - Mobile Commerce Daily - “While I wouldn’t say that Google has given up on NFC, they certainly are acknowledging a willingness to work outside of that system as an interim solution,” said Brian Stein, managing director at Pervasive Path, Cleveland, OH.

On the wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

November 18, 2013

Headline News from PaymentsNews.com - November 18, 2013

On the web:

On the wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

May 22, 2013

Headline News - May 22, 2013

On the web:

On the wires:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

May 20, 2013

Headline News - May 20, 2013

On Twitter:

On the web:

On the wires:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

May 15, 2013

Headline News - May 15, 2013

On the web:

On the wires:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

April 24, 2013

Headline News - April 24, 2013

On the web:

On the wires:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

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