Viewpoints: Cards/Payments
Send a letter Back to Viewpoints home
2009
Viewpoint: Industry Has to Act to Fix CARD Law Income Rule
American Banker | Nov 20 A proposal requiring creditors to look at income does not further the purposes of the Credit CARD Act when compared with the detriment such a requirement would impose.
Viewpoint: Getting Set for Change in Bank-to-Bank Transfers
American Banker | Nov 13 With the introduction of the revised cover payment type poised to significantly change how global bank-to-bank payments are processed, what is the state of industry readiness?
Viewpoint: Merchant-Paid Debit Rewards a Boon for Banks
American Banker | Oct 30 Transaction-based debit rewards that are merchant-funded will probably be the reward system of choice because it increases banks' revenue without requiring them to fund the rewards.
Viewpoint: Consumers Stand to Lose on Shift in Interchange
American Banker | Oct 23 It's ironic merchants think it's fair and appropriate for them to set prices in a free market, but there's something wrong when Visa sets fees for transactions on its system using similar variables.
Viewpoint: Consumers, Industry Alike Need a CFPA
American Banker | Sep 25 With a visible, legal, partner watching and approving the banking industry's actions, consumers will feel far more trust in how they are treated.
Letter to the Editor: Contactless Cards as a Fraud Shield
American Banker | Sep 18
To the Editor:
Regarding 'Alliance Backs Contactless Cards as Encryption Option' [Sept. 15], the Smart Card Alliance position paper didn't say end-to-end encryption wasn't a good idea; instead, it made the case that encryption alone is not enough to protect the U.S. payment system.
Viewpoint: New Card Rules an Opportunity to Plot Strategy
American Banker | Sep 11 Forward-looking credit card companies are focused on developing strategies for the future while establishing specific action plans to meet compliance deadlines.
Viewpoint: Stored-Value Issuers Need to Bone Up on BSA
American Banker | Aug 28 Stored-value industry participants will be required to develop and adopt extensive anti-money-laundering programs that comply with the Bank Secrecy Act and the USA Patriot Act.
Viewpoint: Financial Communication — v2.0
American Banker | Aug 28 Financial communication v2.0 must meet three basic criteria to create meaningful change in people's lives: it needs to be timely, relevant and actionable.
Viewpoint: Prepaid: Doing More, But There's More to Do
American Banker | Aug 26 To continue the momentum behind prepaid, it is crucial that prepaid providers focus on consumer education, as adoption and use of the cards rests on end-users' understanding their benefits.
Viewpoint: Issuers' Chance to Turn Crisis into Opportunity
American Banker | Aug 21 Though there may not be one silver bullet, there are a few new strategies that can mitigate consumer anger and once again position issuers for sustainable growth.
