U.S. government agencies must synthesize their payment regulations, says MasterCard. A panel of several agency representatives tries to defend the complex U.S.
watch nowChase's debit and credit cardholders operate on a "separate instance of VisaNet" at Chase's merchant partners. (According to First Annapolis's Casey Merolla at…
watch nowAn audience member asks whether Visa has an unprecedented opportunity to capitalize on signature debit market share under the new Durbin rules.
watch nowA major drawback of EMV is that "it circumvents Durbin," says Mark Horwedel, CEO of the Merchant Advisory Group. "We worked very hard in the merchant community…
watch nowMark Horwedel, CEO of the Merchant Advisory Group, lays down the gauntlet to the payments industry to make it easier for merchants to do business. (From the…
watch now"PCI is completely one-sided," says Mark Horwedel of the Merchant Advisory Group. "Merchants can pay a lot of money to come and give advice while the networks…
watch nowMimi Hart, CEO of MagTek, explains a new angle on stopping skimmers from using a compromised card. (From the ATM & Mobile Executive Summit in Washington, D.C.)
watch nowMimi Hart of MagTek doesn't believe consumer behavior will give EMV a smooth road to adoption. "Mobile has a lot more promise." (From the ATM & Mobile…
watch nowJim Pitts, project manager of the BITS Financial Services Roundtable, explains why he tells his FI members to expect the worst when it comes to customers…
watch nowCrowdStrike broke into the App Store and bypassed the security validation mechanism. Their CTO describes the demo conducted at a conference a few years ago.
watch nowContrary to common opinion, "ATM revenue matters to MasterCard." So says Peter Shortall of MasterCard Advisors. (From a panel at the ATM & Mobile Executive…
watch now“I believe about half the world is still unbanked,” said Mike Lee of ATMIA. “And if you want to bring them into the payment system, you need to start with…
watch nowAttorney Crystal Kaldjob of Goodwin Proctor highlights what the Durbin Amendment is and how we got to where we are today. (From the ATM & Mobile Executive…
watch now"In reality it's just been a transfer of funds from the large banks to the large merchants." (From a panel at the ATM & Mobile Executive Summit.)
watch nowAn e-mail received by an audience member during the "cashless society" panel at the ATM & Mobile Executive Summit leads to one of the most interesting…
watch nowLeland Englebardt of MasterCard confronts a government interagency panel on why they seem to be warm on cash, when the cost of cash is so high for them. "I…
watch now"Today ... the mobile phone is handier than your wallet," says George Wallner, CTO of Loop. Wallner then describes the best use case for a mobile wallet. (From…
watch now"Think of the wallet of the future as an operating system," says George Wallner. "Today when you talk to the major card issuers, they all have wallet…
watch nowApple wasn't the only manufacturer "mad" at the failed promise of NFC, says George Wallner. (From the ATM & Mobile Executive Summit.)
watch now"I know this because we've hired a lot of people out of Apple," says Dmitri Alperovitch of CrowdStrike. (From the ATM & Mobile Executive Summit.)
watch now