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04.15.14

Amazon Beckons Startups with Sweet Deal for One-Click Checkout

Reaction was mixed when Amazon began its push deeper into payments last fall with the debut of Login and Pay with Amazon, its new one-click checkout feature for Web merchants.

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Companies & People

04.14.14

People on the Move: Nadia Dombrowski, Davis Wright Tremaine LLP

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Nadia Dombrowski has joined the payments practice at Davis Wright Tremaine LLP as a partner in the firm’s New York office.

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Mobile & Emerging Payments

04.17.14

Is Identification the Killer App for Mobile Wallets? (April 17, 2014)

The thus-far sluggish rate of mobile wallet adoption in the U.S. has been attributed to a range of factors, from security concerns, to lack of widespread merchant acceptance to the familiarity and convenience of traditional plastic payment cards. But according to a new report from TSYS, what might be holding mobile wallets back has less to do with the mobile and more to do with the wallet.

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Government Watch

04.16.14

Texas Banking Commission Issues Supervisory Memorandum on Virtual Currency

The Texas Banking Commissioner recently issued a supervisory memorandum clarifying the state’s treatment of virtual currencies under the Texas Money Services Act (TMSA).

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Op-Ed

04.16.14

Blog: PIF Comments on RBI’s Revised Prepaid Guidelines

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Industry players welcome the guidance to bring the legal framework for prepaid under a single policy document that leaves little room for ambiguity, and industry continues to advocate for further reforms that will help drive growth of prepaid products to benefit Indian citizens.

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Retail Perspectives

04.16.14

Blog: Prepaid Mania Catches On

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Just in case there was any doubt among the critics, skeptics and the media, new numbers prove the value of prepaid cards to merchants and consumers. In 2014, retail purchases made with prepaid cards will top US$200 billion, equaling 5 percent of all retail spending in the U.S. Now, merchants are looking for ways to capitalize on the popularity.

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Free Content

04.14.14

European E-Money License Could Grow Facebook’s Remittance Biz (April 14, 2014)

Facebook is putting the pieces in place to launch a money transfer service in Europe.

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