Headline News from PaymentsNews.com - September 23, 2015

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    First Data Aims to Raise $3 Billion in IPO - Wall St. Journal - "Payment processing giant First Data Corp. is planning to raise $3 billion in an initial public offering slated to kick off this week. " Coming Soon to Checkouts: Microchip-Card Payment Systems - New York Times - "Visa drew a line in the sand four years ago: American merchants would have until October 2015 to update their systems or absorb the losses themselves. Other major card networks quickly adopted the same deadline." EMV's 12 Elephant Fail and the Case for Contactless - LinkedIn Pulse (Nick Holland) - "Now, I’d not profess to be the smartest guy, but I do know a thing or two about the payments industry and for me, this was an awkward experience." Square Opening St. Louis Office - CBS St. Louis - “St. Louis is an important part of Square’s history,” Jack Dorsey, co-founder and CEO, said in a statement. “It’s an incredible city and my hometown, and we’re excited to further invest in the community. Go Cards!”

On the Wires:

    Enhancements to Federal Reserve Bank Same-Day ACH Service - "The Federal Reserve Board on Wednesday announced the approval of enhancements to the Federal Reserve Banks' same-day automated clearing house (ACH) service. The enhancements are intended to align the Reserve Banks' same-day ACH service with recent amendments to NACHA's ACH operating rules and will facilitate the use of the ACH network for certain time-critical payments, accelerate final settlement, and improve funds availability to payment recipients." First Data and Pivotal Team Up to Deliver Simple and Secure Payment Services to Spring Developers - “At First Data, we are committed to working with the developer community to unlock the next big breakthrough in fintech,” said Guy Chiarello, President, First Data. “We are thrilled to join with Pivotal, a major force in the developer ecosystem, as we continue to attract developer talent and deliver ongoing innovation in payments.”

Glenbrook's 2015 Payments Education

    Our next Payments Boot Camp session is scheduled for October 13-14 in Palo Alto, California followed by a one-day Insight Workshop on October 15 on the topic of Global Payments .

We will also be teaching the Payments Boot Camp in New York City on October 20-21 followed by a one-day Insight Workshop on October 22 on the topic of Virtual Currencies and Bitcoin .

If you have questions about our payments education program, please contact Russ Jones for more information.

Updates from Glenbrook:

    Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews
    Click here to share PaymentsNews with a friend

Note: Headline News

is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com !

Headline News from PaymentsNews.com - August 6, 2015

    Vermont Considering to Employ Blockchain to Manage State Records - NewsBTC - "As it look for ways to utilize new innovations for its own record keeping applications, the State of Vermont has asked experts to submit a report on the blockchain technology."

On the Wires:

    Debit Industry Changes Markedly in 10 Years of Debit Issuer Study - “The past decade saw a major shift in consumer preference to paying with debit cards, which accelerated after the 2008-2009 recession,” said Steve Sievert, Executive Vice President of Marketing and Communications for PULSE. “We believe there is still opportunity for debit growth, considering that consumer use of debit for smaller purchases is rising, and the average active debit card is used about five times per week.” Worldwide EMV Payment Card Shipments Top 2.1 Billion in 2014 with 43% Issued into the United States and China, says ABI Research - ABI Research’s Senior Analyst Phil Sealy comments, “Although future growth for EMV card volumes may be limited, other revenue avenues are opening. All the major players including Gemalto, Oberthur Technologies, Giesecke & Devrient, and Morpho are balancing strategies in a bid to address next-generation opportunities." BitPay Brings Bitcoin to Payments Companies on Three Continents - "During the first half of 2015, the company has signed deals with PSPs Payfirma, Sonic Payments, BillPro, Kadu, OpenPay, and Ixopay. These payments companies are based on three continents and, in total, serve more than 100 countries." linked2pay® Launches Bank Centric Payments - “Bank Centric Payments leverages our proven, robust payments platform as a white label with the tools and access layers that make it easy and cost effective for a bank to provision low cost, feature-packed payment (card and ACH) solutions out to resellers and merchants (SMB and enterprise) in a secure and harmonized way" according to Robert McShirley, CEO of linked2pay.

Glenbrook's 2015 Payments Education

    Our next Payments Boot Camp session is scheduled for October 13-14 in Palo Alto, California followed by a one-day Insight Workshop on October 15 on the topic of Global Payments .

We will also be teaching the Payments Boot Camp in New York City on October 20-21 followed by a one-day Insight Workshop on October 22 on the topic of Virtual Currencies and Bitcoin .

If you have questions about our payments education program, please contact Carol Coye Benson for more information.

Updates from Glenbrook:

    Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews
    Click here to share PaymentsNews with a friend

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com !

Source: www.paymentsnews.com

Category: Payday loans

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