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News & Commentary
Content tagged with Payments posted in July 2010
J.P. Morgan Aims to Strengthen Global Trade Practice with Strategic Hires and Updated Organizational Structure
News  |  7/29/2010
J.P. Morgan aims to strengthen global trade practice with strategic hires and updated organizational structure; enhanced product strategy will leverage institution’s U.S. commercial bank franchise and contribute to stronger trade partnerships with financial institutions globally.
Credit Union Upgrades Global Payments System
News  |  7/23/2010
Members United can now provide wire transfers using the destination currency rather than U.S. dollars, avoiding foreign exchange fees.
Mopay Rolls Out Mobile Payments That Bypass Banks
News  |  7/20/2010
Offering mobile payments to the unbanked, by billing payments to their landline phone bill.
Is An IPO in Prepaid Cards a Green Light for Growth?
News  |  7/19/2010
A wide range of interested parties are contemplating the growth prospects for future growth in the prepaid card market. The unusual Green Dot (GDOT) IPO that is currently going to market is providing some existing shareholders with the opportunity to monetize a portion of their holdings. Green Dot will not receive any proceeds from the estimated $130 million IPO. Its shares will be available for purchase by new investors and the remaining shareholders will have a market for selling shares in the
Banks Missing Debit Card Opportunities, Study Finds
News  |  7/15/2010
Fraud and increased regulation seen as threats to growth; innovation greatest in emerging markets.
Visa Publishes Best Practices for Tokenization
News  |  7/14/2010
In an ongoing effort to eliminate or reduce sensitive card data from payment systems and simplify data security and compliance, Visa today announced global industry best practices for tokenization.
Americans Say No to Stay-cations; Chase Targets Summer Travel with Card Program
News  |  7/13/2010
Last year, due to financial worries, many Americans stayed home for their summer vacation. This year, they're ready to spend again, and Chase is capitalizing on the trend with a new cash-back credit card offer.
Online Bill Payment Tops Among Internet Households
News  |  7/12/2010
Online bill payment has grown to become the No. 1 method of bill payment for Internet-connected households, according to data released today by Synergistics.

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