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Table of Contents

Lead Story

The convergence of traditional and alternative payments

News

Industry Update

Effect of proposed debit regs on ISOs

Fed's proposed interchange cap dings AmEx

Merchant sues U.S. Bank for alleged data breach cover-up

EMS gives back during holidays

Features

Research Rundown

Selling Prepaid

Prepaid in brief

PPS' CEO sees changing landscape ahead

How Fed draft rules might affect prepaid

Views

Payment prognostications for 2011

Brandes Elitch
CrossCheck Inc.

Who owns the merchants?

Sarah Weston
Jaffe, Raitt, Heuer & Weiss PC

Education

Street SmartsSM:
Will leasing make a comeback? - Part 1

Ken Musante
Eureka Payments LLC

Risk management and PCI

Tim Cranny
Panoptic Security Inc.

Evaluating the value (and cost) of training

Jeff Fortney
Clearent LLC

Marketing resolutions for the New Year

Peggy Bekavac Olson
Strategic Marketing

Company Profile

ISTS Worldwide Inc.

New Products

Robust gateway for e-commerce

CCS ePay
Charge Card Systems Inc.

Inspiration

Bring in the year with steely resolve

Departments

10 Years ago in
The Green Sheet

Forum

Resource Guide

Datebook

Skyscraper Ad

The Green Sheet Online Edition

January 10, 2011  •  Issue 11:01:01

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Research Rundown

EMV gathers steam

#dch_Europay/MasterCard/Visa (EMV) has gained new steam, according to The Global Payments Standards - Is Your FI Ready? In this white paper, Aris Jerahian, Vice President of Client Relations for The Members Group, examined the driving factors behind possible U.S. adoption of chip-and-PIN technology to support EMV. Among the indicators discussed were the Federal Reserve's recent formation of a forum to examine EMV and the development of mag stripe bridging technologies. Jerahian also explained how American financial institutions can learn from early U.S. adopters, like TMG client United Nations Federal Credit Union, and outlined the four questions he believes every financial institution should ask of its processing partner before following suit.

The report can be downloaded at www.themembersgroup.com/EMVglobal.

NFC to redefine smart phone services?

#dch_Global Sweep: NFC Technology to Redefine Smartphone Services, a report by Mercator Advisory Group, examined recent developments in the handset market, forecasted the handset market out to 2015 under different scenarios and provided an economic analysis of the business model of near field communication (NFC) mobile payments for mobile network operators. The report also presented a survey of key markets most likely to see the first wave of NFC payments. Other highlights of the report include:

For more information, go to www.mercatoradvisorygroup.com.

SMBs hampered by technology challenges

#dch_Lack of adequate network bandwidth is a challenge for 40 percent of small to midsize business (SMB) retailers, according to the Aberdeen Group's report, The Roadmap from Multi-Channel to Cross-Channel Retailing: The True ROI of Unified Customer Experience. The report indicates that without adequate network capabilities, retailers are unable to use web-based POS tools, such as web order management, order look-up and other enterprise-level applications that can be accessed from POS registers.

Here are some other challenges faced by SMB retailers:

The report includes insights into best practices for customer, business process and technology areas that directly impact SMB retailer sustainability.

To download the report, go to www.aberdeen.com/aberdeen-library/6823/RA-multi-channel-retail.aspx.

Mobile, bad and good for impulse purchases

#dch_Two reports published on StorefrontBacktalk.com explored the impact of mobile devices on the nature of impulse purchases. In some cases, mobile devices expedite impulse purchases. The reports cited as an example the ability to immediately buy items promoted within the context of a movie while the movie patron is still in the theater as a way in which mobile promotes impulse buying.

On the other hand, the availability of mobile comparison shopping apps can quash an on-the-spot buy. Shopper motivation, however, is a complicated issue. Impulse consumers don't necessarily enjoy the process of shopping as much if they get bogged down in electronic research, the reports pointed out.

The reports are available at www.storefrontbacktalk.com/payment-systems/mobile-and-impulse-purchases-perfect-together and www.storefrontbacktalk.com/e-commerce/mobile-the-death-of-impulse-purchases.

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 | Harbortouch | USAePay | IRISCRM.COM | Humboldt Merchant Services