Latest News
Study Says Contactless Payments Shows Almost 30% Lift
MasterCardAdvisors released the results of their first PayPass Adoption Study, a quantitative analysis of the changes in U.S. account transaction behavior after adopting a contactless payments solution. In one of the study’s key findings, the...See more...
Affinity Solutions Unveils Coupon-on-a-Card
Affinity Solutions has unveiled Coupon-on-a-Card, which utilizes real-time offer redemption technology provided by First Data Corporation. “The launch of our patent-pending Coupon-on-a-Card is a tipping point in merchant offer delivery for card issuers,” commented Jonathan Silver, president and CEO of Affinity Solutions. “Creating new capabilities and effectiveness for the merchant, and a far superior consumer experience, is a significant addition to our industry-leading transaction-based marketing product set. It’s also another step in the rollout of our vision for the highly-integrated marketing platform of the future. Rich, cross-industry collaboration, such as our integration with First Data’s innovative offer redemption technology,...See more...
Federal Reserve Reports Consumer Credit for 1Q2012
The US Federal Reserve has reported its latest G.19 Consumer Credit statistics - finding that "consumer credit increased at an annual rate of 7.75% in the first quarter. Revolving credit was little changed, while nonrevolving credit increased at an...See more...
Federal Reserve Reports Consumer Credit for 1Q2012
The US Federal Reserve has reported its latest G.19 Consumer Credit statistics - finding that "consumer credit increased at an annual rate of 7.75% in the first quarter. Revolving credit was little changed, while nonrevolving credit increased at an...See more...
Portlogic Announces Proximity Coupon Delivery System for Mobile Phones
Portlogic Systems announced the successful testing of its new proximity coupon push system. "The technology can communicate with customers' Bluetooth or Wi-Fi enabled mobile phones within a predetermined area. Advertisers are able to get real-time...See more...
Headline News – May 8, 2012
On the web: Many Competing Paths on the Road to a Phone Wallet - NYTimes.com J.P. Morgan Chase Adding Prepaid Cards To Its Product Menu - WSJ.com Apple Starts Testing Mobile Deals & Payments In-House With Pirq Partnership - Cult of Mac On the wires: Bank of America Launches Three New Travel Rewards Credit Cards DataArt Delivers UPside Visa Mobile Banking App for Kindle Fire Heartland Payment Systems Launches SmartLink Managed Network Service for Restaurants PayAnywhere Mobile Payments App Now Available in BlackBerry App World ZipZap and SafetyPay Form Partnership Note: Headline News is compiled by Glenbrook Partners. Throughout...See more...
Heartland Introduces Mobuyle Restaurant Mobile Payment Acceptance
Heartland Payment Systems announced its Mobuyle Restaurant solution, which enables restaurateurs to accept credit, debit and gift card payments through Android smartphones and mobile devices. "Restaurant merchants are finding mobile to be an...See more...
Western Union Launches Business Payments Wallet
Western Union has announced the launch of its new business payments wallet for clients of Western Union Business Solutions in the United States and Canada. "The technology allows clients using Business Solutions’ Online FX platform to add and hold...See more...
Payments Views – The Dawn of a New Era for Small Biz Banking?
Glenbrook's Erin McCune is back from NACHA Payments 2012, and the most interesting things she heard and saw had to do with small business banking and payments, a long suffering, underserved segment of the market. Why underserved? Small businesses are traditionally ill served because the consumer platform is inadequate and treasury management solutions are overkill. They are stuck in the middle, with too few features or way too much complexity. This is ironic given that small businesses are a prized, profitable, customer segment. Over on Payments Views, Erin wonders if this might be "the dawn of a new era...See more...
Regulating Mobile: Distinguishing the Payment from the Channel
Cynthia Merritt, assistant director the Retail Payments Risk Forum of the Federal Reserve Bank of Atlanta, has posted an important article on the current policy debate about mobile payments regulation. As her post points out, "the handset is just a...See more...
