Today TowerGroup releases a new report on debit and pre-paid cards. Its research finds that the debit card's increasingly dominant position as a payment vehicle will continue through 2009 and beyond. Prepaid cards will also continue their rapid growth as a result...
Aite Group releases a report today predicting that check electronification will increase to 75% of checks issued by 2012. The report forecasts that the over all number of checks written will steadily decrease, but that an increasing percentage of checks written will...
Today MasterCard announces its Payment Gateway enabling businesses to pay their suppliers with either Purchase Card or ACH transactions and deliver remittance data. Unlike rival B2B services launched this year by AmEx and JPMorgan Chase, MasterCard is targeting small...
Over at the Javelin Strategy & Research blog, James Van Dyke argues that the next big thing in P2P payments (mobile or otherwise) must address the frustrations of an unsatisfied community of sellers. Much as PayPal met eBay sellers dissatisfaction with paper...
My plans changed and I couldn't make it to NYC this week, but I am following the live blog coverage from Finovate 2007. You can, too: William AzaroffNetBanker 2.0 / Part 2 Brandon McGeeMobile Banking
Bank Systems & Technology has a thorough article today on the various challenges facing commercial banks as they fight commodization of their core transaction processing capabilities. The need to differentiate on service to overcome product commoditization is...
According to new research from Javelin Strategy & Research credit card share of online payments is expected to decline from 60% today to 44% in 2012. Debit card usage is expected to remain steady. In addition to PayPal, Google Checkout, and Bill Me Later literally...
Today's New York Times highlights the efforts of smaller merchants to reduce credit card processing fees. With processing fees being often the third- or fourth-largest expense for a small business, merchants are using various tactics: some have introduced split...
Today's big payments story is Revolution Money (formerly GratisCard) a new internet payment system backed by AOL co-founder Steve Case, among other high profile supporters, including former Treasury Secretary Lawrence Summers, former Charles Schwab CEO David...
The latest Digital Transactions explores why adoption of Back Office Conversion (BOC) has been so meagre six months after NACHA launched the transaction type for converting checks to ACH transactions in the back office of merchants instead of at the point-of-sale (via...
