The Promise of Mobile Payments
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Industry Perspectives on Mobile/Digital Wallets and Channel Convergence
Mobile Payments Industry Workgroup (MPIW) December 3-4, 2014 Meeting Report Industry Perspectives on Mobile/Digital Wallets and Channel Convergence Elisa Tavilla Payment Strategies Industry Specialist Federal Reserve Bank of Boston March 2015 The author would like to thank the speakers at the December meeting and the members of the MPIW for their thoughtful comments and review of the report. The views expressed in this paper are solely those of the author and do not reflect official positions of the Federal Reserve Bank of Boston, the Federal Reserve Bank of Atlanta, or the Federal Reserve System. I. Introduction The Federal Reserve Banks of Boston and Atlanta1 convened a meeting of the Mobile Payments Industry Workgroup (MPIW) on December 3-4, 2014 to discuss (1) different wallet platforms; (2) how card networks and other payment service providers manage risks associated with converging digital and mobile channels; and (3) merchant strategies around building a mobile payment and shopping experience. Panelists considered how the mobile experience is converging with ecommerce and what new risks are emerging. They discussed how EMV,2 tokenization,3 and card-not-present (CNP)4 will impact mobile/digital wallets and shared their perspectives on how to overcome risk challenges in this environment, whether through tokenization, encryption, or the use of 3D Secure.5 MPIW members also discussed how various tokenization models can be supported in the digital environment, and the pros and cons of in-app solutions from both a merchant and consumer perspective. With the broad range of technologies available in the marketplace, merchants shared perspectives on how to address the emergence of multiple wallets and the expansion of mobile/digital commerce. -
The Mastercard Compliant Service Provider List
The Mastercard Compliant Service Provider List A company’s name appears on this Compliant Service Provider List if (i) MasterCard has received a copy of an Attestation of Compliance (AOC) by a Qualified Security Assessor (QSA) reflecting validation of the company being PCI DSS compliant and (ii) MasterCard records reflect the company is registered as a Service Provider by one or more MasterCard Customers. The date of the AOC and the name of the QSA are also provided. Each AOC is valid for one year. MasterCard receives copies of AOCs from various sources. This Compliant Service Provider List is provided solely for the convenience of MasterCard Customers and any Customer that relies upon or otherwise uses this Compliant Service Provider list does so at the Customer’s sole risk. While MasterCard endeavors to keep the list current as of the date set forth in the footer, MasterCard disclaims any and all warranties of any kind, including any warranty of accuracy or completeness or fitness for any particular purpose. MasterCard disclaims any and all liability of any nature relating to or arising in connection with the use of or reliance on the Compliant Service Provider List or any part thereof. Each MasterCard Customer is obligated to comply with MasterCard Rules and other Standards pertaining to use of a Service Provider. As a reminder, an AOC by a QSA provides a “snapshot” of security controls in place at a point in time. Service Provider Name Region AOC Date Assessor DESV 1&1 Internet SE (1&1, 1&1 ipayment, Europe 05/09/2016 Security Research & Consulting GmbH ipayment.de) 1Link (Guarantee) Limited SAMEA 11/17/2015 Trustwave 1Shoppingcart.com (Web.com Group, lnc.) US 04/13/2016 SecurityMetrics 1stPayGateWay, LLC US 05/27/2016 IBM Internet Security Systems (ISS) 2138617 Ontario Inc. -
Investor Presentation
Investor Presentation March 2016 Disclaimer Forward Looking Statements This investor presentation contains “forward-looking statements” within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include statements concerning the timing of the proposed merger (the “Merger”) of FTS Holding Corporation (“CardConnect”) with and into a wholly-owned subsidiary of FinTech Acquisition Corp. (“FNTC”); the business plans, objectives, expectations and intentions of the public company once the transaction is complete, and CardConnect’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. These statements are based on FNTC’s or CardConnect’s management’s current expectations and beliefs, as well as a number of assumptions concerning future events. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside FNTC’s or CardConnect’s control that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors -
Benefits of Open Payment Systems and the Role of Interchange
Benefits of Open Payment Systems and the Role of Interchange U.S. Version Delivering value through payment alternatives At MasterCard Worldwide, we take great pride in the many ways we advance com- merce. From the millions of consumers and businesses around the world who rely on our cards on a daily basis, to the retailers who accept them and institutions that issue them, it’s clear that the products and services we offer deliver extraordinary value. With demand for fast, convenient and safe payment alternatives rapidly accelerating, commerce is increasingly driven by blips on a screen, numbers punched on a keyboard, cards swiped through electronic readers and chip-activated cell phones. In fact, our products and services are so ingrained in everyday life that the value we deliver is all too often taken for granted. Perhaps the easiest way to grasp the true value of electronic payments is to envision a world without them. Clearly, if electronic payments came to a sudden halt, many facets of commerce—travel, trade and the Internet just to name a few—would face dire consequences. While cash and checks still have their place, they lack the speed, convenience and safety required by consumers, businesses and governments in today’s fast-paced, ever-shrinking world. To be sure, the widespread use of electronic payments and the sophisticated networks that seamlessly link millions of consumers, merchants and financial institutions around the globe are at the heart of commerce. Their importance is clear not only in industrialized nations, but in emerging markets as well, where we are making inroads in building a bridge to the modern economy. -
How Mpos Helps Food Trucks Keep up with Modern Customers
FEBRUARY 2019 How mPOS Helps Food Trucks Keep Up With Modern Customers How mPOS solutions Fiserv to acquire First Data How mPOS helps drive food truck supermarkets compete (News and Trends) vendors’ businesses (Deep Dive) 7 (Feature Story) 11 16 mPOS Tracker™ © 2019 PYMNTS.com All Rights Reserved TABLEOFCONTENTS 03 07 11 What’s Inside Feature Story News and Trends Customers demand smooth cross- Nhon Ma, co-founder and co-owner The latest mPOS industry headlines channel experiences, providers of Belgian waffle company Zinneken’s, push mPOS solutions in cash-scarce and Frank Sacchetti, CEO of Frosty Ice societies and First Data will be Cream, discuss the mPOS features that acquired power their food truck operations 16 23 181 Deep Dive Scorecard About Faced with fierce eTailer competition, The results are in. See the top Information on PYMNTS.com supermarkets are turning to customer- scorers and a provider directory and Mobeewave facing scan-and-go-apps or equipping featuring 314 players in the space, employees with handheld devices to including four additions. make purchasing more convenient and win new business ACKNOWLEDGMENT The mPOS Tracker™ was done in collaboration with Mobeewave, and PYMNTS is grateful for the company’s support and insight. PYMNTS.com retains full editorial control over the findings presented, as well as the methodology and data analysis. mPOS Tracker™ © 2019 PYMNTS.com All Rights Reserved February 2019 | 2 WHAT’S INSIDE Whether in store or online, catering to modern consumers means providing them with a unified retail experience. Consumers want to smoothly transition from online shopping to browsing a physical retail store, and 56 percent say they would be more likely to patronize a store that offered them a shared cart across channels. -
Popcorn Newsletter JUNE-AUGUST: Units Sign up to Participate
PALMETTO COUNCIL AUGUST 2016 BOY SCOUTS OF AMERICA IMPORTANT DATES TO PUT ON YOUR CALENDAR Popcorn Newsletter JUNE-AUGUST: Units sign up to participate. ast year local units earned over $210,000 in cash commissions and prizes. This year AUGUST 11: District Popcorn Training (for a record number of Scouting units within the Palmetto Council will use the Trail’s all units). See website for district times and L End Popcorn Sale to provide an exciting Scouting program for their youth members. locations. Summer Camp is without a doubt one of the major highlights of the Scouting program. SEPTEMBER: Units hold special Popcorn Almost always, it is the most expensive part of the Scouting year. One easy way to pay kick-off meetings. Your sale is off and for your entire year of Scouting and have a Summer Camp that you remember for years to running! come is through Popcorn sales. Another event to plan for from your popcorn earnings will be the 2017 Jamboree held in July. Simply put, a successful popcorn sale allows your SEPTEMBER 8: “Show & Sell” deadline - Scouts to do more while costing parents less. orders due in Trail’s End system. Popcorn sales is a proven method for units to earn the funds they need for the upcoming SEPTEMBER 16: “Show & Sell” product Scouting year. When surveyed, over 70% of customers said they would buy Trail’s End distributed to unit Popcorn Kernels (to keep popcorn when asked. Unfortunately only 20% of the people surveyed have ever been until unit kick-off). asked to buy popcorn! Let’s be sure this year that we give as many people as possible an SEPTEMBER 19: “Take Order” sale begins. -
Your Guide to Reversepos & Payanywhere
Your guide to ReversePOS & PayAnywhere Topics. The basics 02 Express sale 03 Selling items 04 Scanning barcodes 05 Payment types 06 PayAnywhere 5.0 is compatible with iPad, iPhone, Android phones and tablets, and Build a library 07 PayAnywhere Storefront. Manage stock 08 Run your business 09 01 PA 5.0 The basics. Login with the email you used and password you Once logged in, if you are a first time user or do If you do have items loaded, created when signing up for PayAnywhere. To reset not have items loaded, you’ll land on an Express you’ll land on Items. your password, head to PayAnywhere Inside (inside. Item. payanywhere.com). Navigation menu. Filter menu. Settings. Tap on the top left hamburger icon to access the While on the Sell screen, tap on the category icon Under the Navigation menu, tap Settings. You can Navigation Menu. You can start a new sale, view for the Filter Menu. You can access Categories, edit tax and tip; multiple accounts; manage cash transactions, edit items, view reporting, and access Favorites, and Discounts. drawers and printers; and more from here. Settings. 02 PA 5.0 Express sale. 1. Enter amount. 2. Process card. 3. Receipt share. Enter any value and swipe or insert card. Tapping There’s no need to tap “Proceed to Checkout”. Users are directed to the Receipt Share screen the “Add” button is not necessary unless another Just swipe or insert card right from the Sell as normal. Express Item is being added. screen and skip the checkout process. -
Is Payment Tokenization Ready for Primetime?
Is Payment Tokenization Ready for Primetime? Perspectives from Industry Stakeholders on the Tokenization Landscape Marianne Crowe and Susan Pandy, Federal Reserve Bank of Boston David Lott, Federal Reserve Bank of Atlanta Steve Mott, BetterBuyDesign June 11, 2015 Marianne Crowe is Vice President and Susan Pandy is Director in the Payments Strategies Group at the Federal Reserve Bank of Boston. David Lott is a Payments Risk Expert in the Retail Payments Risk Forum at the Federal Reserve Bank of Atlanta. Steve Mott is the Principal of BetterBuyDesign. The views expressed in this paper are solely those of the authors and do not reflect official positions of the Federal Reserve Banks of Atlanta or Boston or the Federal Reserve System. Mention or display of a trademark, proprietary product or firm in this report does not constitute an endorsement or criticism by the Federal Reserve Bank of Boston or the Federal Reserve System and does not imply approval to the exclusion of other suitable products or firms. The authors would like to thank members of the MPIW and other industry stakeholders for their engagement and contributions to this report. Table of Contents I. Executive Summary ................................................................................................................. 3 II. Introduction .............................................................................................................................. 4 III. Overview of Tokenization ...................................................................................................... -
Security Cover
BASE PROSPECTUS TELEFO´ NICA EMISIONES S.A.U. (incorporated with limited liability under the laws of The Kingdom of Spain) guaranteed by TELEFO´ NICA, S.A. (incorporated with limited liability in The Kingdom of Spain) A15,000,000,000 PROGRAMME FOR THE ISSUANCE OF WHOLESALE DEBT INSTRUMENTS This prospectus has been approved by the United Kingdom Financial Services Authority (the ‘‘FSA’’), which is the competent authority for the purposes of Directive 2003/71/EC (the ‘‘Prospectus Directive’’) and relevant implementing measures in the United Kingdom, as a base prospectus (the ‘‘Base Prospectus’’) issued in compliance with the Prospectus Directive and relevant implementing measures in the United Kingdom for the purpose of giving information with regard to Telefo´nica Emisiones S.A.U., Telefo´nica, S.A. and the issue of debt instruments (the ‘‘Instruments’’) under the programme described above (the ‘‘Programme’’) during the period of twelve months after the date hereof. Applications have been made to the Financial Services Authority in its capacity as competent authority under the Financial Services and Markets Act 2000 (the ‘‘FSMA’’) for Instruments issued within 12 months from the date hereof to be admitted to the official list of the FSA (the ‘‘Official List’’) and to the London Stock Exchange plc (the ‘‘London Stock Exchange’’) for such Instruments to be admitted to trading on the London Stock Exchange’s Gilt-Edged and Fixed Interest Market. References in this Base Prospectus to Instruments being ‘‘listed’’ (and all related references) shall mean that such Instruments have been admitted to the Official List and have been admitted to trading on the London Stock Exchange’s Gilt-Edged and Fixed Interest Market. -
View Annual Report
To Our Stockholders, In 2008, we embraced a tremendous amount of fundamental change against the backdrop of a deteriorating external market and economy. Even with the challenges, we exited the year a stronger company and remain a leader in e-commerce, payments and Internet voice communications. Our performance for the full year not only reflects the strength of our portfolio, but also the operating discipline, strategic clarity and focus with which our management team is leading the company going forward. Financially, the company had a good year, marked by strong revenue growth, stronger EPS growth and excellent free cash flow. Despite the extremely challenging economic environment in 2008 – including a slowdown in global e-commerce, a strengthening dollar, and declining interest rates – we delivered $8.5 billion in revenues, an 11 percent increase from the prior year, and $1.36 of diluted EPS. We also delivered a solid operating margin of 24 percent. The size of the eBay marketplace continues to be the largest in the world with nearly $60 billion of gross merchandise volume (the total value of goods sold in all of our Marketplaces) in 2008. PayPal continues to experience strong growth, both on eBay and across e-commerce, and Skype had a great year, growing both revenues and user base. In addition, we strengthened our portfolio by investing in the growth of our emerging businesses and through key acquisitions. In 2008, advertising, global classifieds and StubHub, the leading online tickets marketplace, all gained momentum in terms of revenues. Key acquisitions we made during the year will help us build on our strengths. -
A Handbook of Vendors to the North American Payments Market
2021 BUYERS’ GUIDE A handbook of vendors to the North American payments market Volume Eighteen, Number Eight • DigitalTransactions.net • August 2021 DigitalTransactions.net brings you the most important payments market news, in one place, updated the moment it happens Breaking news from the payments market, posted daily Concise, clean interface is easy to navigate Calendar of industry events Complete current and past issues of Digital Transactions magazine Detailed listings of payments market suppliers 13 years of payments news and analysis DIGITALTRANSACTIONS.NET CONTENTS August 2021 ■ Volume 18, Number 8 The Gimlet Eye 4 A Remarkable Industry BUYERS’ GUIDE 2021 ACH Information . Fraud Prevention . Payment Processing . ACH Processing . Gift Cards . Payment Software . Acquiring Bank . Global Acquirers . Payments Education . Age Verification . Healthcare Payments . PCI Compliance . Agent & ISO Program . High Risk Processing . PCI Security . Alcoholic Beverage POS Software . Identity Verification . Portfolio Assessment . Alternative Payments . Imaging Services . Portfolio Purchases . Associations. Imprinter Equipment & Supplies . Portfolio Sales . ATM Equipment & Services . Incident Response & Forensics . POS Cloud . Auto ID/RFID Technologies . Independent Software Vendors . POS Software . Automated Sales Tax Solutions . Independent Sales Organizations (ISOs) . POS Stands . Back Office Automation . Instant Card Issuance . POS Supplies . Bar Code Technology . Insurance . POS Systems . Bill Payment and Presentment -
American Express Company Earnings Conference Call Q3'12
American Express Company Financial Community Meeting Kenneth Chenault Chairman and Chief Executive Officer Dan Schulman Group President, Enterprise Growth John Hayes Executive Vice President and Chief Marketing Officer August 8, 2013 Agenda Year-to-Date Financial and Business Performance Growth Opportunities Enterprise Growth Update The Brand Q&A 2 Financial Performance $ in billions; except per share amounts Q2'12 Q3'12 Q4'12 Q1'13 Q2'13 Total Revenues Net of Interest $8.0 $7.9 $8.1 $7.9 $8.2 Expense Growth vs. Prior Year 5% 4% 5% 4% 4% FX Adjusted Growth vs. Prior Year† 7% 5% 5% 5% 4% Net Income $1.3 $1.3 $0.6 $1.3 $1.4 Diluted EPS* $1.15 $1.09 $0.56 $1.15 $1.27 Adjusted Diluted EPS** $1.09 Adjusted Growth vs. Prior Year** 7% 6% 8%** 7% 10% Return on Average Equity 27% 26% 23% 23% 24% *Attributable to common shareholders. Represents net income less earnings allocated to participating share awards and other items of $14MM in Q2’12, $14MM in Q3’12, $7MM in Q4’12, $11MM in Q1’13 and $13MM in Q2’13. **Adjusted diluted earnings per share and the adjusted growth rate, non-GAAP measures, are calculated by excluding from diluted EPS the Q4’12 restructuring charges, Membership Rewards expense and cardmember reimbursements. See Annex 1 for a breakdown of the adjustments and a reconciliation. †This is a non-GAAP measure. FX adjusted information assumes a constant exchange rate between the periods being compared for purposes of currency translation into U.S.