Wednesday , March 21, 2018

John Stewart

Starting as an editor on Bank Network News at Faulkner & Gray, John ultimately played a key role in starting, editing, and publishing many of F&G's flagship publications, including Credit Card Management, Card Technology, Card Marketing, and Collections & Credit Risk. Before co-founding Boland Hill Media, John was a group publisher at Thomson Media responsible for a $10 million division embracing magazines, newsletters, and Web sites.

High-End Merchants Look to Cash in on Wealth Effect From Run-up in Bitcoin’s Value

Bitcoin has taken a beating in recent days, but investors who bought earlier this year are still enjoying handsome returns. Now, some merchants of high-end goods are signing up to accept the virtual currency, hoping to cash in on that wealth effect. Bitcoin was trading at $3,498 early Thursday morning, …

Read More »

‘Not a Good Day’ at Equifax As Payment Implications Emerge from a Huge Data Hack

In the hours after credit-reporting giant Equifax Inc. disclosed a massive data breach, consumers and businesses were left scrambling Friday to piece together the implications. But a range of consequences could affect Equifax itself as the Atlanta-based company struggles to recover from an epic hack that affected potentially 143 million …

Read More »

What Growing Pains? In-Store Mobile-Payment Volume Is Rising Fast, Researcher Says

Enthusiasts may lament the slow rate of adoption for mobile payments generally in the United States, but some researchers are forecasting robust growth for contactless payments via mobile wallets at the point of sale. In a recent report, New York City-based research firm eMarketer said so-called proximity mobile payments will exceed $1,000 …

Read More »

Looking to Extend Its Digital Gift Card Business, Blackhawk Snaps up CashStar

Blackhawk Network Inc., a major player in merchant-branded prepaid cards, just gained an even bigger foothold in that market with its $175-million, all-cash acquisition of CashStar Inc., a 10-year-old firm specializing in digital gift cards. Announced Wednesday morning the dealbrings to Pleasanton, Calif.-based Blackhawk a platform enabling mrchants to market …

Read More »

Why Have Transactions And Dollar Volume Dropped for Same-Day ACH?

So far, most observers would agree same-day ACH credit processing, introduced nearly a year ago on the nation’s automated clearing house network, has been a success. Users appear to be satisfied with the service, and risk appears to be under control, observers say, despite the shorter windows for fraud detection. …

Read More »

A Ten-Fold Boom in Mobile P2P Will Reward Providers But Also Build Pressure for Fees

Now that financial institutions have launched a digital peer-to-peer payment service called Zelle to battle popular nonbank services like Venmo, the rival platforms are likely to divide up a rapidly growing market but will also face pressure to find ways to charge for the service. While overall U.S. P2P dollar …

Read More »