Glenbrook Partners’ Jacqueline Chilton is attending the ATM, Debit and Prepaid Forum 2009 in Las Vegas this week. Sessions focus on self service and cash management, the debit portfolio and prepaid products. Additionally, non-traditional, alternative payments have a dedicated track. Jacqueline’s posts from the conference are here: Mobile Payments at the Point of Sale The [...]
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The second Keynote speaker for the ATM, Debit & Prepaid Forum 2009 was Robert O. Carr, Chairman and CEO, Heartland Payment Systems. Proud of their reputation for full disclosure with merchants, they had to put it to the test with their Jan 20, 2009 announcement of their data breach. PCI compliance is intended to target [...]
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Kicking off the ATM, Debit & Prepaid Forum 2009 was the keynote address from Tim Murphy, Group Executive Core Products, Global Debit & Prepaid, MasterCard Worldwide. He predicts that great companies will emerge from the economic downturn’s storm by showing true leadership in supporting the changing customer needs. Of particular interest are behavioral changes by [...]
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This is one of a series of posts with highlights of the ATM, Debit & Prepaid Forum 2009 preconference workshops. You can find an index of posts from the conference here. Successfully Navigating the Debit Payment Evolution provided food for thought for debit portfolio managers and was led by Tony Ficarra and Jeff Fazio of [...]
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Glenbrook Partners’ Jacqueline Chilton will be attending the ATM, Debit and Prepaid Forum 2009, October 18-20 in Las Vegas next week. Sessions will focus on self service and cash management, the debit portfolio and prepaid products. Additionally, non-traditional, alternative payments will have a dedicated track. If you are planning to attend and are interested in [...]
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I jumped at the opportunity to interview Jason Hogg, CEO of Revolution Money, parent company of Revolution Card. My colleagues and I at Glenbrook Partners are frequently tapped as a source of information about the very latest goings on in the world of “alternative payments”, but unfortunately, Revolution doesn’t share a whole lot of key [...]
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In a frankly depressing but undoubtedly realistic column this morning titled “National Addiction to Easy Credit Remains Consumers’ Downfall“, Michelle Singletary, the Washington Post’s personal finance columnist, writes that the credit card reforms being put into regulation by the Federal Reserve and potentially being accelerated/enhanced by Congressional action sometime soon won’t deal with the root [...]
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Last week, Visa reported its second fiscal quarter financial results – and included a mention that Visa’s US debit card purchase volume in the fourth calendar quarter of 2008 slightly exceeded that of its US credit card purchase volume ($206 billion vs. $203 billion). Today, in another press release, Visa reinforced that point. Six years [...]
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… and Why ‘Decoupled Debit’ Could Change All That I was fascinated to read that Bank of America is now including debit cards in its card payment business line. Now, for anyone outside of our payments industry, this sounds absolutely reasonable. But from inside the industry, it’s pretty strange. The financial services industry, presumably like [...]
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Is Now the Time for Online PIN Debit? This session was presented by Mike Strada from Chase Paymentech. Mike is a fan of online PIN debit, especially the notion of giving merchants more choices. His discussion focused on the different options the 12 North American debit networks are exploring. Several of the debit networks are [...]
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I live in a small town in southern Oregon. On Saturday, I was at the Middle School, manning the snack booth for the regional band competition. I did pretty well – over 50 sales! But what fascinated me was that three people asked, somewhat plaintively, if I took debit cards… They were all young moms. They [...]
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I had a good chuckle at this morning’s news report from WSAZ-TV, Channel 3, in Charleston, West Virginia: A man from Charleston faces charges after police say he used his debit card during a robbery. [Name deleted] is accused of trying to rob the Certified Station in Sissonville on Monday. Police say during the robbery, [...]
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