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Table of Contents

Lead Story

Making hay of new IRS reporting requirements

Adam Atlas
Attorney at Law

News

Industry Update

TCF Bank lawsuit challenges Durbin Amendment

Reaching out to medical marijuana dispensaries

Mercator explains growth in micropayments, virtual purchasing

New MasterCard credit card generates passwords

Trade Association News

Features

Research Rundown

Selling Prepaid

Prepaid in brief

Open-loop prepaid part of CTA's new fare system

Prepaid's emergence in India

Views

Challenges to Dodd-Frank, Durbin heat up

Mark Brady and Ross Federgreen
CSRSI, The Payment Advisors

It's the economy, again

Brandes Elitch
CrossCheck Inc.

Education

Street SmartsSM:
What the feet on the street need from acquirers

Ken Musante
Eureka Payments LLC

Content marketing delivers by engaging prospects

Peggy Bekavac Olson
Strategic Marketing

Going beyond PCI

Tim Cranny
Panoptic Security Inc.

Where is our industry heading?

Jeffrey Shavitz
Charge Card Systems Inc.

Become a payment superhero

Jeff Fortney
Clearent LLC

What PCI DSS 2.0 means for financial institutions

Gary Palgon
nuBridges Inc.

Company Profile

Global Electronic Technology Inc.

New Products

Encrypting, entertaining self-service terminal

KST9000
Key Innovations Ltd.

Inspiration

The pursuit of happiness

Departments

Forum

Resource Guide

Datebook

A Bigger Thing

The Green Sheet Online Edition

November 08, 2010  •  Issue 10:11:01

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Research Rundown

&A

Smart cards, smart choice

By 2012, global shipment of smart cards is expected to grow from 5.5 to 8.5 billion units at a compound annual growth rate of approximately 11 percent, according to RNCO's Smart Card Market Forecast to 2012. The report indicated the shift in liability associated with Europay, MasterCard and Visa chip and PIN technology would be a key driver in bank issuance of smart cards in the future.

The telecom industry leads in smart card issuance in the form of mobile phone SIM cards; however, forecasters see increased usage of smart card technology in transportation, the public sector and financial services. For more information, visit www.marketresearch.com.

Over $44 billion lost in transactions

A recent Harris Interactive Inc. Online Transactions survey commissioned by online customer experience management software company Tealeaf Technology Inc. revealed that online retailers may have lost more than $44 billion this past year due to retail website transaction problems. More than a quarter of online shoppers surveyed said they would turn to online or offline competitors if they encountered an issue with an online transaction.

Online shoppers surveyed stated they would react to online transaction issues as follows:

For more information about the survey, contact Lara Sasken at lsasken@tealeaf.com.

Future looks terminal

Mercator Advisory Group's The 'World Terminal' - Preparing the POS for the Multi-Form Factor Future explores global terminal vendor acceptance of multiple payment forms ranging from chip, contactless, near field communication and magnetic stripe payment processing.

Highlighted issues include:

"Payment terminal OEMs should be thinking about their next generation products in such a way that their planning accommodates a more application-centric paradigm, where value-added services can provide true differentiation between offerings," stated David Fish, Senior Analyst, Mercator Advisory Group and report author. For information, visit www.mercatoradvisorygroup.com.

Cloud shift forecast for 2013

As more companies shift to web-based applications to manage customer relationships, the global market for cloud computing is projected to exceed $25 billion by the end of 2013, according to a recently published report by Renub Research, Cloud Computing - SaaS, PaaS, IaaS Market, Mobile Cloud Computing, M, Investments, and Future Forecast, Worldwide.

The report projected the fastest growth segments in software-as-a-service will be communications and collaboration, customer relationship management, enterprise resource planning and supply chain management. For a copy of the report, visit www.renub.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