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Bank Systems & Technology January 1, 2007 Phil Britt |
Consumers Favor Cards for Payments in Increasing Numbers This past year saw a significant increase in consumers' use of debit cards and prepaid cards, while credit card usage remained strong. The trend is expected to continue, insiders say, potentially creating new revenue streams for banks. |
BusinessWeek January 12, 2004 Dean Foust |
First Data: The Power Behind The Plastic After its merger with EFS, First Data's ownership of vast electronic-payment networks will provide it with a flow of fees the other rivals to MasterCard and Visa never had. |
Bank Technology News May 2005 Holly Sraeel |
Nonbank Payments: Are Banks Green? Yes And No. If you take cash and payments out of the equation, who needs banks? |
Bank Systems & Technology January 29, 2008 Maria Bruno-Britz |
Evolving Card Business Presents Opportunities and Threats for Banks Rapid advances in technology, the recent IPOs of Visa and MasterCard, an uncertain economy, and shifting consumer behaviors all are converging to create a whirlwind of change -- and opportunity -- in the card space. |
U.S. Banker January 2005 Holly Sraeel |
MasterCard. Visa. Amex. Welcome to the Sandbox. Citibank's decision to issue Amex cards to its customers will force other large banks to follow suit -- exactly what MasterCard and Visa have been dreading. |
Bank Technology News May 2007 Larry Ponemon |
Consumer Privacy: Top Banks Must Guard Against Breach of Faith The good news for banks, according to a study, is that most customers trust them with their personal data. The bad news is that one misstep will cost them dearly. |
Bank Technology News April 2007 Holly Sraeel |
In the U.S., Privacy Isn't Always Convenient, Or Wanted While banks nationwide wrestle to comply with state privacy and breach notification laws, the TJX phenomenon brings the issue of consumer privacy into sharper focus: If Americans are inconvenienced in any way, they'll forgo privacy. |
U.S. Banker November 2006 Michael Sisk |
A Nation of Debit-ors: Paying Now, Not Later The credit-card culture seems to be drying up, as debit-card usage skyrockets. Since debit cards are linked to checking accounts, that's good news for small banks wanting to get in on the action. |
Bank Systems & Technology July 28, 2006 Maria Bruno-Britz |
Growing Rewards Since rewards programs worked so well for the credit card industry, financial institutions are looking at tying them to debit cards. |
InternetNews February 22, 2007 Roy Mark |
Retailers to Hold Data-Breach Bag? Proposed legislation in Massachusetts would make retailers financially responsible for breaches of their databases that lead to consumer identity theft. |
The Motley Fool October 19, 2007 Dan Caplinger |
Reap Rewards With Debit Cards Banks that have historically kept the purse strings tight on debit card rewards have started to loosen up a bit. |
Bank Systems & Technology May 4, 2005 Peggy Bresnick Kendler |
Cards Product innovation is key to growth in the card business, but the ability to grow without sacrificing security, speed and reliability is critical. Banks that can provide these things will achieve success. |
InternetNews December 5, 2007 Andy Patrizio |
How TJX Became a Lesson In Proper Security Retailers suddenly get religion about securing their networks when they see a $1 billion bill facing retailer TJX. |
The Motley Fool February 26, 2008 Sham Gad |
Visa's Big Deal The upcoming $19 billion IPO of Visa is kind of a big deal. In fact, if all goes as planned, it could be the largest IPO in U.S. history |
Bank Director 4th Quarter 2010 Chris Costanzo |
Don't Compromise Your Card Business Third parties can create a panoply of security challenges for card-issuing banks and the stakes today are higher than ever. |
Bank Technology News April 2006 Glen Fest |
Fraud Prevention: Engaging More Than The Enemy Banks could improve anti-fraud measures if they provided tools that draft customers into the battle. But it's not that simple for an industry still rife with soft spots. |
The Motley Fool July 31, 2008 Morgan Housel |
Visa Powers Ahead ... But Is It Cheap? Visa is doing fantastic, no doubt about it. But how much longer can cash-strapped consumers keep charging up their credit cards, and is Visa a good investment today? |
U.S. Banker June 2007 Holly Sraeel |
Accountability at Issue in Data Security Failings Enforcing stiffer criminal penalties is one way to hold merchants and data brokers more accountable. This is good news for banks. |
Bank Technology News August 2006 |
Sizing Up Security: Are U.S. Banks Trailing U.K. Banks? If best practices are indeed what the U.S. banking industry seeks with regard to online security, they'll likely find some of the answers across the pond. |
The Motley Fool August 4, 2010 Morgan Housel |
Are Visa and MasterCard Really Under Attack? I wouldn't bet on it. These moats are still safe. |
The Motley Fool February 8, 2010 Morgan Housel |
Better Investment: Visa or MasterCard? Visa and MasterCard both reported full-year 2009 results last week. So let's weigh 'em in, unpack the numbers, and declare a winner. |
Bank Systems & Technology August 5, 2004 Cynthia Ramsaran |
Pay Now, Buy Later Card companies look at prepaid as a third category - in addition to credit and debit. |
Bank Systems & Technology December 1, 2005 Eileen Colkin Cuneo |
Dealing With Data Theft After the Fact When a security breech occurs, a company handling it right can flip the negative into a positive and earn customers' respect and appreciation. If they handle it wrong, and the business will fight the stigma of being an untrustworthy organization indefinitely. |
The Motley Fool July 13, 2011 Neha Chamaria |
How the Brand-New Debit Fee Cap Will Affect Investors Visa gives a lower fiscal 2012 outlook after the Federal Reserve's debit card fee cap announcement. |
U.S. Banker October 2001 Mark Bruno |
Non-Existent Danger Visa says it will start pushing one of its newest services just in time for the holiday shopping season: Verified by Visa. It's just one more gimmick designed to make anxiety-ridden consumers feel safer about using their credit cards for Internet purchases... |
Bank Systems & Technology May 5, 2004 Ivan Schneider |
Banks and Associations Adapt To Increased Merchant Muscle Issuers support PIN-based debit networks despite the potential impact on revenues versus signature debit. |
The Motley Fool September 2, 2006 Elizabeth Brokamp |
"Debit or Credit?" Choosing the right method of payment at the right time could save you big. |
U.S. Banker February 2008 Anthony Malakian |
Decoupled Relationships: The Evolution of Debit The days of decoupled debit cards are upon us. |
Entrepreneur November 2005 Jennifer Pellet |
Fee Fi Fo Fum Businesses fight the credit card giants' high fees. |
Bank Systems & Technology May 1, 2006 Maria Bruno-Britz |
NACHA Takes Page From PayPal Electronic payments association NACHA plans to test a program that allows banks to act as intermediaries for consumers' online financial transactions, such as bill payments and purchases. |
The Motley Fool December 20, 2010 April Taylor |
2 Stocks That May Spring a Leak Visa and MasterCard have benefited mightily from consumers' shift from paper to plastic, garnering fees on each transaction. Will these companies' moats survive 2011? |
Knowledge@Wharton |
New Payment Methods Give Old-fashioned Checks and Credit Cards a Run for Their Money Emerging technologies are currently gaining momentum while paper check usage is in decline, according to a new study by the Federal Reserve... |
BusinessWeek October 15, 2009 Lloyd Constantine |
Let's End the Debit Card Fee-for-All The Fed needs to start exercising oversight over debit-card fees. |
Bank Technology News October 2002 Mark Bruno |
UK Banks Eye Smart Cards Abbey National dabbled with the idea of multi-function smart cards, but found security to be the bank's real sweet spot. |
Bank Systems & Technology February 10, 2004 Cynthia Ramsaran |
Rock, Scissors, Plastic There will be a rise in plastic payments in 2004 because of the availability of more merchants accepting credit, analysts say. |
Bank Systems & Technology September 28, 2005 Maria Bruno-Britz |
Is the End of Cash at Hand? The growing comfort with digital and wireless technologies may be largely responsible for the recent upswing in e-payments. Of course, the trend has not gone unnoticed by the financial services industry. |
Bank Systems & Technology November 29, 2004 Cynthia Ramsaran |
Banks Face Reduced Payments Profits Transactions will increase, but margins will decline. |
Bank Systems & Technology May 8, 2007 Deena M. Amato-McCoy |
Fear Of Identity Theft Discourages Consumers From Banking Online Proactive security measures increase online banking confidence and use, study says. |
Bank Systems & Technology May 3, 2005 Deena M. Amato-McCoy |
Creating Virtual Value By integrating business channels, consolidating customer histories and beefing up security, banks are improving their online offerings to provide customers with all the conveniences of branch banking in the comfort of their own homes. |
Bank Systems & Technology August 6, 2009 Nathan Conz |
U.S. Bank Pilots Visa payWave on Unembossed Debit Cards U.S. Bank has launched a pilot program to instantly issue unembossed debit cards with Visa payWave technology. |
InternetNews December 3, 2007 |
TJX to Shell Out $40.9M in Data Breach Settlement TJX said the pre-tax payout will go to eligible U.S. Visa issuers that issued cards potentially affected by computer breaches. |
Bank Systems & Technology July 5, 2004 Judy Ward |
Business Debit Card Marketing Heats Up North Dallas Bank is among the institutions aiming to take advantage of the payment option. |
InternetNews November 11, 2005 Jim Wagner |
Report: ID Theft Haunting Bank Customers Banks need to address the growing concern among their customers over ID theft, or risk losing them. |
The Motley Fool April 30, 2008 Elizabeth Brokamp |
"Debit or Credit?" The cashier is waiting for your answer. Which is the better choice? Debit or credit? |
Bank Systems & Technology September 3, 2010 Penny Crosman |
Heartland and Discover Agree to $5 Million Data Breach Settlement Card payment processor hopes this will be the end of the legal fallout from its 2008 data breach. |
Bank Technology News February 2001 David Rountree |
For Retail Payment On The Net, Only Tradition Is Getting Traction Credit cards rule, to be sure, but bankers understand that the Internet is about choice... |
Bank Systems & Technology March 30, 2007 Maria Bruno-Britz |
Retail Payments Business Moving More Toward Mobile Increasingly, banks are under pressure to provide multiple payments options to keep customers from going to the bank down the street or even to a nontraditional financial services provider. |
The Motley Fool June 21, 2006 Dan Caplinger |
Travel Smart: Know the Fees When planning your trip abroad, be aware of the fees you'll get charged for your foreign-currency transactions. |
U.S. Banker June 2003 Mark Bruno |
FDC-Concord: Done Deal? The duo would control 70 percent of PIN-based debit |
Bank Technology News August 2006 Glen Fest |
Online Payments: New Cardless Choices Clicking PayPal and Google expect to rule the alternative online payments space, but PIN Debit and bank-backed ACH options will abound, too. |