Study Group: Payment Processing Software Market Experts(?)

The news that Treasury Secretary Paulson and Fed Chairman Bernanke are trying to reassure the broader markets that Fannie Mae (FNM) and Freddie Mac (FRE) will not be allowed to fail has not produced the expected calming effect on the markets. Shares of both firms have plunged into single digits. Who...

While MasterCard arguably will pay American Express too much, the settlement removes a troubling overhang.   It is time for MasterCard and Visa Inc. to focus their energies on fending off a potentially far more damaging threat: the “Credit Card Fair Fee Act of 2008.”

Angst about the consumer credit environment and risk associated with GE Consumer Finance’s near-prime retail credit card portfolio, not surprisingly, have given a number of large US card issuers who otherwise should have been keen to bid, cause for pause. Nonetheless, for the right buyer – most likely...

Conference take-aways: (1) All payment systems – paper checks, truncated checks, pin and signature debit cards and credit cards and ACH are subject to fraud. (2)  Fraud prevention systems need to take a holistic enterprise-wide rather than a point solution approach.      ...

Revolution Money vies to win share away from the card payment network and money transfer establishment. It intends to compete as an open network, with lower base merchant acceptance fees, merchant-sponsored pos cardholder incentives, better fraud prophylactics and a money transfer feature. Reasonable...