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Table of Contents

Lead Story

Hard times expose vulnerable residuals

News

Industry Update

7-Eleven takes interchange issue to D.C.

Canadian debit shake-up

Two companies, two new security departments

Cyber thieves stealing from students

Features

How to leverage available technologies to manage risk and prevent fraud in RDC

Ed McLaughlin
RemoteDepositCapture.com

Research rundown

Selling Prepaid

Prepaid in brief

Vigilance is watchword in fraud prevention

Empowering the cash-compensated

Is PayPal a threat to prepaid?

Views

Portfolio conversions done right

Biff Matthews
CardWare International

The MLS and the ISO:
Cause for concern?

Brandes Elitch
CrossCheck Inc.

Education

Street SmartsSM:
Microbranding

Jon Perry and Vanessa Lang
888QuikRate.com

Reserve accounts and processor meltdowns

Adam Atlas
Attorney at Law

Digging into PCI - Part 3:
Protecting stored cardholder data

Tim Cranny
Panoptic Security Inc.

A practiced approach

Jeff Fortney
Clearent LLC

Revving up business with profit-controlled marketing

Daniel Wadleigh
Marketing Consultant

Company Profile

Payvision

New Products

Gateway as a service

paymentAccess
paymentAccess

First Data's new dynamic duo

First Data Secure Transaction Management
First Data Corp.

Inspiration

Little actions add up

Departments

Forum

Resource Guide

Datebook

A Bigger Thing

The Green Sheet Online Edition

October 12, 2009  •  Issue 09:10:01

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Research rundown

Our industry is replete with white papers, survey findings, and research and analysis published by an array of expert advisories, consultancies and other qualified organizations dedicated to the payments space.

These publications contain current, in-depth data that can help the feet on the street identify new opportunities and adapt business strategies as the industry evolves. To spotlight this information, The Green Sheet is introducing "Research rundown," a recurring feature highlighting the many jewels found within these resources.

Security still slack

Security solutions provider Imperva Inc. and financial services research firm The Ponemon Institute conducted a survey of more than 500 U.S. and multinational information technology (IT) security practitioners in August 2009 regarding compliance with the Payment Card Industry (PCI) Data Security Standard (DSS). The survey found that:

To coincide with the Oct. 31, 2009, deadline for submitting input for revising the PCI standards, Imperva recommended that the PCI Security Standards Council:

For further details, visit www.imperva.com or www.ponemon.org.

Credit union configuration

Research and advisory firm Aite Group LLC released a report in August 2009 that examines the challenges and opportunities faced by credit unions in the current economy. The report said there are approximately 7,905 credit unions nationwide. Of those, 82 percent hold less than $100 million in assets; U.S. credit unions combined have almost $900 billion in assets.

Credit Unions: Gearing Up for Success is based on a July 2009 survey of 93 U.S. credit unions done in cooperation with the Credit Union Executives Society. It analyzes the evolution of the credit union model and how these institutions must continue to leverage new opportunities.

Following are key points Aite noted:

Aite's research found that, although credit unions are increasing their membership, many are still not considering such products and services as general purpose prepaid cards, branded gift cards and international money transfers. Aite recommends these institutions do the following to modernize their businesses:

Health care confusion

In September 2009, Aite published Health Care Payments: An Issue Potentially Under the Industry's Control. The report noted that U.S. health care was a $2.2 trillion market at the time of publication and is expected to grow to $4 trillion by 2016. The report also found the following:

According to Aite, the shortage of educational support, complexity of solutions and lack of market knowledge have created a "bad taste" among those in the health care provider community. This has led to low interest and adoption rates among small and mid-sized providers in automating their back-end settlement processes.

Aite strongly recommends that industry stakeholders "validate different methods of payments and set standards of best practices to lessen the confusion around an already complex environment."

For more information, visit www.aitegroup.com.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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Spotlight Innovators:

North American Bancard | USAePay | Super G Capital LLC | Humboldt Merchant Services | Impact Paysystems | Electronic Merchant Systems