With support of the bipartisan House-Senate Conference Committee, American consumers and small businesses clear another hurdle on the path towards commonsense swipe fee reformWASHINGTON, June 25 /PRNewswire-USNewswire/ -- Dennis Lane, single store 7-Eleven Franchise owner and national spokesman for Reform Swipe Fees NOW!, released the following statement regarding today's House-Senate Conference Committee decision to include...
POSTED BY JOHN B. FRANK
Retailers and customers secure important victory in financial reform debateARLINGTON, Va., June 25 /PRNewswire-USNewswire/ -- The Retail Industry Leaders Association (RILA) applauded the inclusion of language to reform the swipe fees charged to merchants by credit card companies and big banks, as part of the Wall Street regulatory reform legislation approved by a conference committee today. The negotiated language will give...
POSTED BY JOHN B. FRANK
Russell Simmons also sells the Rush CardCINCINNATI, June 25 /PRNewswire/ -- There have been many stories in the press about how I had a 'victory' on Capitol Hill in relation to the "Durbin Amendment" that regulates debit cards. Many of these articles, however well intentioned, missed the point and misstated key facts. If there was a victory it was for the people who have been left out of the financial and healthcare...
POSTED BY JOHN B. FRANK
Research and Markets: Case Study: The Underground Economy of the Zeus Banking Trojan Horse DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Case Study: The Underground Economy of the Zeus Banking Trojan Horse" report to their offering.“Case Study: The Underground Economy of the Zeus Banking Trojan Horse”The banking Trojan horse ZeuS is one of todays biggest threats towards online banking. Being used...
POSTED BY JOHN B. FRANK
Friday, June 25 2010, is the last day to register at a discount for the 4th Airline & Travel Payments Summit, Co-Hosted by UATP. ATPS is the only event to bring together the Payments Industry with the Airline/Travel Industry to discuss how to best cut payment and fraud-related costs and improve the bottom-line profits of travel & hospitality providers. With payment & fraud costs accounting for as much...
Constantine and Cannon's Antitrust Today Blog posted an article on the Debit Legislation which leaves them to conclude that "Visa's days of dominating the debit card market may be numbered." That's not good news since debit will continue to "dominate" the payments space for years to come. While you're here, take a look at this piece: Can Innovation Break Up the Visa/MasterCard Duopoly? June 23, 2010House-Senate Conferees Take...
POSTED BY JOHN B. FRANK
A Frost and Sullivan White Paper sponsored by TNS Card data security is becoming increasingly important as a business enabler for retailers, consumer billing organizations and other participants in the payments industry. Managing the growing security threats and ensuring compliance in an IP world impacts an organization’s ability to retain customers and to acquire new ones. Reliable broadband connections, either wired or wireless, offer...
POSTED BY JOHN B. FRANK
SAN FRANCISCO (DOW JONES)--Chinese ecommerce giant Alibaba.com (1688.HK) has expanded its U.S. presence by agreeing to acquire Vendio Services, Inc., a small software-as-a-service startup that helps merchants sell their goods on sites such as Amazon.com Inc. (AMZN) and eBay Inc. ... Here's the official Press Release from Business Wire: Alibaba.com Acquires Vendio, Continues to Advance Global E-Commerce PlatformAcquisition Integrates AliExpress...
POSTED BY JOHN B. FRANK
"The Australian Government Standing Committee on Communications has released the results of a year long enquiry into cybercrime in a report titled Hackers, Fraudsters and Botnets: Tackling the Problem of Cyber Crime. Here's an overview: House Standing Committee on CommunicationsCommittee activities (inquiries and reports) Inquiry into Cyber CrimeInquiry home | Terms of reference | Submissions | Public...
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- RILA Reacts to Passage of Swipe Fees Reform Amendment (pindebit.blogspot.com)
