Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Who Picks Up the Tab for Credit Card Rewards? - Wall Street Journal - "Merchants dislike the fees, which threaten to eat into their profits. Show More Summary
Good morning! Here's what you need to know in markets on Friday. 1. Apple has held talks with Visa about making its own pre-paid debit cards, Recode reported on Thursday. The pre-paid debit cards would tie into an unannounced service that would allow iPhone users to send money to each other digitally. 2. Show More Summary
Google on Thursday began adding streaming service links to the "knowledge panels" it displays in iOS search results, among them ones for Apple Music and iTunes.
Apple is working on a Venmo-like money-transfer service, according to a report by Recode – and perhaps even its own debit card. Rumors have been floating around about an Apple Money-transfer service since 2015; now it seems the company is making another push in the space. Show More Summary
We're in a golden age of television, and it's largely due to the massive popularity of subscription services like Netflix, Hulu, Amazon, and HBO. Without Netflix, we might never have seen shows like "Stranger Things," "House of Cards,"...Show More Summary
Apple has held talks with Visa about making its own pre-paid debit cards, Recode reported on Thursday. The pre-paid debit cards would tie into an unannounced service that would allow iPhone users to send money to each other digitally. But...Show More Summary
Apple is once again rumored to launch its own Venmo-like service, allowing iPhone users to pay friends and family members also on Apple's ecosystem. Sources speaking with Recode mentioned that Apple intends to announce the service --...Show More Summary
Apple is reportedly in talks with partners to launch its own person-to-person payments service, extending the breadth of Apple Pay and closely competing with services like Venmo or Square Cash. Recode reports that the company wants to announce...Show More Summary
Atom Bank is an app-only bank based in Durham, England. At the time of writing, it offers a range of competitive savings products. A current account service is in development, along with credit cards and mortgages. Will.i.am is the lead singer in the Black Eyed Peas. Show More Summary
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WASHINGTON (AP) — U.S. consumers filed nearly 300,000 complaints last year about their dealings with banks, credit card issuers and other financial services companies. [...] Republicans working to overhaul the financial regulation law...Show More Summary
Dutch public transit companies are teaming up with telecom companies KPN and Vodafone to test using smartphones to pay public transport fares. The test already started, with the new HTM trams in The Hague premiering the service, NU.nl reports.
After growing the user base of its online payment processing service to 400,000 merchants in 2016, Shopify Inc. is looking to move into physical stores. The e-commerce giant today introduced a homegrown card reader that will enable retailers to process in-person transactions at their brick and mortar locations. Show More Summary
Some time in the next few weeks, the Consumer Financial Protection Bureau is expected to impose stringent limits on the ability of banks and credit card companies to avoid consumer lawsuits. The financial services industry has been screaming bloody murder about the CFPB’s plan. You can expect the...
Rogue Valley Transportation District (RVTD) announced the successful implementation of the TouchPass electronic fare collection system, which allows passengers to purchase fare products online and ride RVTD buses using smart cards
Due to steady declines in ticket sales through cash-only vending machines as more customers opt for credit card and mobile purchasing, Metra has announced that it will take the remaining cash-only machines out of service.
Amazon has introduced new tools for parents to help them stay better informed about what their kids are watching, reading, and doing within the FreeTime service. The company is making a parental dashboard available, along with discussion cards, in the hopes that it’ll get adults to “talk to their kids.” Parents don’t need to download […]
Amazon FreeTime, the subscription service offering kid-friendly books, videos, apps and games, is today rolling out a feature called Discussion Cards that will help parents better understand the content their child is viewing, reading or playing. Show More Summary
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GameStop.com may have been compromised by hackers, putting credit card info and customer data at risk, the company has confirmed. It has engaged the services of a security firm to help in the investigation. "GameStop recently received...Show More Summary