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News & Commentary
Content tagged with Payments posted in October 2011
Inside J.P. Morgan's Payments Strategy: Q&A With Managing Director Christine Doria
News  |  10/31/2011
Globalization, regulation and efficiency are among the top challenges corporate customers face today, according to Christine Doria, managing director, global product executive, USD clearing, J.P. Morgan Treasury Services (New York). BS&T editorial director Katherine Burger caught up with Doria to find out how the bank is helping its corporate and financial institution clients address these challenges.
How Banks Can Overcome the Durbin Amendment
Commentary  |  10/31/2011
Now that the final debit card-interchange rule is in effect, card- issuing banks need to respond strategically as well as a tactically, according to Accenture's Juan Pedro Moreno and Samantha Regan.
Visa Europe Invests 24.7 Million Pounds in Monitise
News  |  10/31/2011
The deal gives Visa Europe an 8.8 percent stake in the mobile banking provider.
Patelco Credit Union Creates a Competitive Advantage With P2P Payments
News  |  10/31/2011
To create an advantage, Patelco Credit Union pioneers person- to-person payments with Popmoney from Fiserv's CashEdge.
PayPal Offers Banks More Than Just Competition
News  |  10/31/2011
Once known only as a method of facilitating eBay transactions, PayPal is getting heavily involved in the digital payments space. But it is offering banks more than just competition.
U.K. Payments Council Tabs Experian for New Database
News  |  10/31/2011
The British organization is seeking to create an industry database of its corporate customers' payment information.
Do Banks Have a Place in the Future of Payments?
Commentary  |  10/27/2011
Banks must accelerate innovation in the payments space to avoid disintermediation and remain competitive. But in a twist, regulation may drive transformation rather than hinder it.
Huntington Bank to Offer No-Fee Debit Cards
News  |  10/27/2011
The Ohio-based institution has converted its debit portfolio to MasterCard as part of the upgrade.
Experts Debate the Security of EMV
News  |  10/27/2011
While many in the financial industry acknowledge that the EMV standard is not 100-percent secure, some say it may be the best option available for securing POS payments.
Commonwealth Bank Rolls Out App for Facebook, P2P Payments
News  |  10/25/2011
The service, called Kaching, will enable NFC-based peer-to-peer payments via email and social media.
Chase Expands Credit Card Travel Rewards
News  |  10/20/2011
MileagePlus Holdings joins Chase's Ultimate Rewards program to offer cardholders another option to transfer points for travel.
Citi Announces New Mobile Solution
News  |  10/14/2011
The app will allow clients to authorize payments on their mobile device.
PayPal Expanding Reach in the Payments Space
Commentary  |  10/13/2011
The company has announced several new initiatives this week, including partnerships with bank technology vendors.
Electronic Payments Coalition Supports Repeal of Durbin Amendment
News  |  10/12/2011
Legislation introduced in the House of Representatives would repeal the controversial measure, which is part of the Dodd-Frank bill.
Mobey Forum Makes A Case for NFC Payments
News  |  10/12/2011
The industry association has developed a white paper outlining what needs to happen to make NFC payments a global reality.
U.S. Bank Launches Mobile-Enabled Credit Card App For iPhone
News  |  10/12/2011
The app will allow users to apply for and receive instant credit via their mobile phone.
ACI Worldwide to Acquire S1
News  |  10/3/2011
Deal is a $0.42 per share increase over ACI Worldwide's previous offer.

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