Payments Post #11: Closing the Loop: Cap None?

Payments Post #11: Closing the Loop: Cap None?

By Justin Pituch & Chris Uriarte Just when our editors were thinking that the payments world was getting unusually quiet, we got the blockbuster announcement that Capital One intends to acquire Discover. So, while we usually take a number of news stories from the...

Two Paths for Faster

The always-interesting Federal Reserve Bank Chicago Payments Symposium just closed, and predictably, a lot of the discussion (and argument!) was around “faster” – the evolving progress of the United States towards improvements in our payments systems. I was...

Scheming and Processing – Faster

Last week’s news that MasterCard was exploring an investment or outright acquisition of VocaLink really lit up the “News” channel on our Slack system at Glenbrook. For those unfamiliar, VocaLink is a company currently owned by 17 large U.K. financial institutions,...

Fake Out – You Can’t Put Your Card in that EMV Slot

Visa’s CEO recently reported that more than 750,000 locations, representing 17% of the U.S. face-to-face card-accepting merchant base, are accepting EMV chip cards. While everyone in the industry agrees that it will be quite a while before the numbers reach “critical...