On the Web:
- Apple Watch will change the way you shop - Computerworld - "The retail industry stands at the digital crossroads, and the Apple smartwatch will help spring things forward."
- U.S. Consumers’ Credit-Card Debt Falls in January - Wall St. Journal - "Revolving credit, reflecting credit-card debt, fell 1.57% in January, though that followed a sizeable 8.41% increase for December."
- Can Consolidation Bring Mobile Payments to the Masses? - eMarketer - "Consolidation in the mobile space may help make it easier for consumers and retailers alike to converge on the same service providers and platforms..."
- MasterCard CMO on New Mobile 'Priceless Surprises' and Apple Pay - AdvertisingAge - "On Wednesday, MasterCard unveiled round two: a new app, built with mobile-ad network Kiip, that lets advertisers reach MasterCard's consumers through smartphone push notifications."
- Small businesses: What you need to know about accepting chip cards - ZDNet - "On October 15, 2015, all merchants in the US are required to have updated their POS terminals and backend software to begin accepting chip cards -- otherwise they become liable for incidents of fraud..."
- Apple Pay Stung by Low-Tech Fraudsters - Wall St. Journal - "The Apple Pay system itself hasn’t been penetrated by hackers. Rather, fraudsters are entering stolen card data into phones..."
- Apple Pay Sign-Ups Get Tougher as Banks Respond to Fraud - Wall St. Journal - "The banks are making customers jump through more hoops because they want to make sure that card really belongs to the person who is loading it into the phone."
- The weak link in Apple Pay’s strong chain is bank verification. Who’s to blame? - ArsTechnica - "Apple responded to Ars’ request for comment with an official statement saying that none of this really rests on Apple, but banks that need to are working to stem fraud."
- Softcard to shut down in final blow to carriers’ NFC aspirations - Mobile Commerce Daily - "Softcard, which was previously known as Isis and was founded in 2010 by AT&T, Verizon Wireless and T-Mobile USA, will shut down its mobile payments applications as of March 31."
- Cashless Britain – not coming to a town near you soon - Celent (Gareth Lodge) - "Cash is far from dead but we are certainly moving into a LessCash rather cashless world."
- Genius Who Built A Nuclear Fusion Reactor At 17 Takes On The Payments Industry - Fast Company - "Stratos has to compete with a new era of smartphone, and even smartwatch-based payments on the horizon."
On the Wires:
- CARDFREE Signs Exclusive Deal with Bluedot Innovation for Its High Precision Location Services to Enable Offers, Orders and Payments Seamlessly via Mobile Platform - “We are happy to answer the overwhelming merchant interest in location-based marketing by presenting our customers with an exclusive technology that is more accurate and seamless than current solutions in market,” explained Jon Squire, founder and chief executive officer of CARDFREE. “Though we enable beacons as well as other approaches, we are extremely excited to offer our customers Bluedot’s cutting-edge alternative that addresses the need for easy, precise and cost-effective location-services. We’ll offer these services as stand-alone solutions as well as integrated with our platform components.”
Glenbrook's 2015 Payments Education Schedule Now Available!
- Our payments education schedule for this year 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.
- 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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