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Payments News - from Glenbrook Partners



Payments News ISSN 1556-4487. Compilation Copyright © Glenbrook Partners LLC, 2002-2013. All Rights Reserved.



Last Build Date: Thu, 17 Aug 2017 07:13:29 -0700

 



Headline News from PaymentsNews.com - August 17, 2017

Thu, 17 Aug 2017 07:13:29 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide! ON THE WEB Apple and PayPal have started to disable payment support from websites selling white nationalist and Nazi apparel - BuzzFeed - "On Wednesday, Apple confirmed to BuzzFeed News that it had disabled Apple Pay support for a handful of websites that sold sweaters with Nazi logos, T-shirts emblazoned with the phrase “White Pride,” and a bumper sticker showing a car plowing into stick figure demonstrators. Following Saturday’s Charlottesville demonstrations, where one woman was killed by a car driven...



Headline News from PaymentsNews.com - August 16, 2017

Wed, 16 Aug 2017 07:29:51 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide! ON THE WEB Last Year Saw Double-Digit Drops in Fraud Rates for Debit Issuers, Pulse Study Says - Digital Transactions News - "The fraud-loss rate for signature-debit transactions fell 30% from 2015’s 2.6 cents per transaction to 1.8 cents in 2016, after increasing 18% from 2014 to 2015. For PIN-debit transactions, the fraud-loss rate decreased 25% to 0.6 cents from 2015’s 0.8 cents." Mobile payment usage ‘remains low’, US debit card study finds - NFC World - "“Combined, Apple Pay,...



Headline News from PaymentsNews.com - August 15, 2017

Tue, 15 Aug 2017 05:45:17 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide! ON THE WEB Swift to provide gateway to domestic real-time payments in the US - Finextra - "SWIFT’s solution for the U.S. market will provide banks with the opportunity to leverage a single platform, Alliance Messaging Hub (AMH) for both SWIFT high-value payments and low-value TCH real-time payments. AMH is an orchestration layer that includes a gateway to the TCH RTP network, as well as other gateways and API's which allow financial institutions to connect to other non-SWIFT networks. "...



Headline News from PaymentsNews.com - August 14, 2017

Mon, 14 Aug 2017 07:30:31 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide! ON THE WEB The NRF Expects Eight in 10 Small Retailers To Have EMV Terminals by Year’s End - Digital Transactions News - "Smaller retailers haven’t yet closed the EMV-acceptance gap with big ones, but they are making progress on installing EMV chip card readers at the point of sale, according to findings from a recent survey for the National Retail Federation. " How Mastercard Is Targeting Millennials - Wall Street Journal (Paywall) - "Mastercard has set its sights on...



Headline News from PaymentsNews.com - August 11, 2017

Fri, 11 Aug 2017 07:17:22 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide! ON THE WEB Amazon, SoftBank Battle for One of Last Untapped Internet Markets - Wall Street Journal (Paywall) - "Amazon.com Inc. AMZN -2.55% founder Jeff Bezos appears set to tangle with a formidable new adversary in India: Masayoshi Son, the brash billionaire who helms Japan’s SoftBank Group. The prize: e-commerce superiority in one of the last great untapped internet economies." Walmart deploying tech that lets in-store shoppers check out — on their own - Chain Store Age - "Walmart is...



Headline News from PaymentsNews.com - August 10, 2017

Thu, 10 Aug 2017 09:05:42 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide! ON THE WEB Big banks on notice that they’re losing ground to China’s fintech giants - South China Morning Post - "“JPMorgan every year, as we speak, processes through our QuickPay 94 million payments,” she said, “But Tencent, the Chinese company, over Chinese New Year, in five days processed 46 billion payments. Basically that means 800 million payments per hour. “Visa has a maximum capacity of processing 25,000 payments per second. But Alipay can process 50,000 payments, twice as much,...



Headline News from PaymentsNews.com - August 9, 2017

Wed, 09 Aug 2017 08:52:50 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide! ON THE WEB BofA’s New Premium Rewards Card Comes With a Twist - Wall Street Journal (Paywall) - "Bank of America is the last of the four largest U.S. credit-card issuers to enter the premium rewards card market. Rolling out in September, its Bank of America Premium Rewards credit card will have a $95 annual fee, said Jason Gaughan, a card product executive at the bank. That is well below fees of $450 for Sapphire Reserve or $550 for AmEx’s...