Critic’s Corner By Dale Laszig, DSL Direct Capitol Hill leaders take aim at P2P fraud June 2023 letters to Dan Schulman, president and CEO of PayPal, and Brian Grassadonia, the CEO of Cash App, from U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Banking, Housing, and Urban Affairs Committee, and Senators Jack…
Durbin robbin’ the hood (again) By Allen Kopelman, CEO, Nationwide Payment Systems Imagine Senator Richard Durbin, D-Ill., in cape and tights, once again promising to redistribute credit card wealth to merchants suffering from high fees. If the “Durbin Amendment’s Interchange Fee and Network Non-Exclusivity Provisions” passes, we’ll suffer from more than bad optics. …
Developing ATM Markets See Strong Growth as Post-COVID Recovery Continues Reduction in ATM deployment worldwide disguises more positive outlook in majority of markets and more than half of countries see an increase in ATM installations London, 27th June 2023 – New research from RBR’s Global ATM Intelligence Service shows that the number of ATMs installed…
Bank of America and Apple Executives Join Chargebacks911 to Drive Rapid Expansion Bank of America merchant services titan and 2021 Electronic Transactions Association (ETA) president, Guy Harris, joins Chargebacks911 as Chairman Previous Apple executive and current ETA president, Eric M. Hoffman, appointed as President of Interbank Solutions and joins the Board to lead the expanding…
Wespay Announces Key Results of Instant Payments Survey San Francisco, CA – Wespay published results of a recent member survey revealing service preferences, intended timelines, and support requirements for Instant Payments adoption. These insights are driving the development of new Wespay resources and tools to aid with this next generation of payment services. The…