July, 2016

• 1 July

  Now Retailers Are Battling Honor-All-Wallets

  

  The latest skirmish between merchants and the major card brands has been brewing behind the scenes for months but went public early last month when an advocacy group for big-box retailers charged that a new twist on network rules is slowing the progress of mobile payments. The controversy involves regulations …

June, 2016

• 1 June

  Wal-Mart’s Visa Suit Uncorks a Long-Festering Controversy

  

  A simmering controversy in the U.S. conversion to EMV chip card payments burst into the open last month when Wal-Mart Stores Inc. sued Visa Inc. The giant retailer claims that Visa is trying to make it use signature verification for some EMV debit card transactions and route those transactions over …
• 1 June

  It’s Time for Cyber Passports

  

  Imagine that a government report finds that 7% of U.S. passports in use today are counterfeits. An emergency task force would be assembled to find a quick and resolute solution to this gross offense. Yet, every year more than 7% of the U.S. adult population falls victim of identity theft—more …
• 1 June

  Being Strategic About Payments

  

  Having a strategy about payments is critical for success in the payments business today. But which of the things that might be a threat, or potentially an opportunity, is most worth focusing on? When confronted with new challengers in payments, a good first step is to screen the threats against …