On the Web:
- PoF 21 – Payment Tokenization Continues to Roll - PaymentsViews.com - "I asked Glenbrook partner Russ Jones to return for an update, to help us dig deeper into what’s happened over the six months and to consider where tokenization is going. He’s bullish on the capabilities of this technology and likes what he’s seen so far."
- Facebook rolls out payments for U.S. users in Facebook Messenger. - "Add your Debit Card and pay anyone on Messenger in a few taps. Money goes straight from your checking account to the recipient's checking account. Easy and safe."
- PayPal Extends Buyer Protection to Intangible Goods, a Growing Area of Sales - PayPal Forward Blog - "The extended program, which started today, July 1, expands our Buyer Protection program to include fraud protection and dispute resolution for intangible goods or services."
- MasterCard will approve purchases by scanning your face - CNN Money - "At checkout, you'll be asked to hold up your phone and snap a photo. MasterCard's thinking? It's easier than remembering a password."
- MasterCard cuts ties with Backpage.com after pressure from law enforcement - Washington Post - "MasterCard will no longer allow its cards to be used in ad purchases on Backpage.com, following pressure for Illinois law enforcement, according to multiple reports."
- Banks: Card Breach at Trump Hotel Properties - Krebs on Security - "Contacted regarding reports from sources at several banks who traced a pattern of fraudulent debit and credit card charges to accounts that had all been used at Trump hotels, the company declined multiple requests for comment."
On the Wires:
- Citi Launches New Citi Mobile App for iPhone in the U.S. - "“Citi customers want mobile banking that is fast, easy and makes their lives simpler,” said Citi Global Consumer Banking Chief Client Experience, Digital and Marketing Officer Heather Cox. “Last year we launched Citi Mobile Snapshot to give customers pre-login access to account information. Today, we are taking the next major step by enabling login with a mere touch through Touch ID..."
- Payment Card Industry Council Advances Point-to-Point Encryption Standard - “Protecting your customers and your corporate brand continue to be the biggest challenges faced by IT executives,” said U.S.-based The HoneyBaked Ham Co.’s VP of Information Technology Bill Bolton. “To meet that challenge, we’ve worked with a P2PE solution provider to adopt a PCI-validated P2PE payment solution across all our stores in a simplified and cost effective way.”
- Synchrony Financial and Chevron Introduce More Fuel Savings with Enhanced Credit Card Loyalty Programs, Sign Multi-Year Agreement - “This is an exciting time to launch a simple yet rewarding value proposition to the marketplace. This new program with Synchrony Financial offers our customers an everyday advantage when they use their Techron Advantage Credit Card to fill up at Chevron and Texaco stations,” said Glenn Johnson, General Manager of Americas Marketing Sales & Services at Chevron.
Glenbrook's 2015 Payments Education
- Our next 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:
- Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews