Visa, MasterCard $7.25 billion settlement with retailers is thrown out
Visa, MasterCard $7.25 billion settlement with retailers is thrown out. A federal appeals court on Thursday threw out a $7.25 billion antitrust settlement reached by Visa Inc (V.N) and MasterCard Inc (MA.N) with millions of retailers that accused the card networks of improperly fixing credit and debit card fees.The 2nd U.S. Circuit Court of Appeals […]
Raising Your Fraud & Payments Team’s Profile
The impact an effective fraud team can have on the overall health of an online business is often greatly underestimated. The fraud and payments teams have access to some of the most powerful and actionable data available to a merchant. That data can help drive marketing, sales, operations, product departments and provide finance with critical […]
Costco Card – American Express to Citi Transition
Merchants should be aware of the Costco credit card transitioning from American Express to Citi. Citi has begun issuing new Costco Visa cards, which will be enabled for use starting June 20th. Effective on this date the Costco AMEX card will no longer work at Costco or other merchants. DRF PaymentsEd card-on-file merchants should be […]
The PaymentsEd Forum Announces New Executive Director
The DRF PaymentsEd Forum announces Laura Lively their new Executive Director. “The DRF PaymentsEd Merchant Board has unanimously selected Laura Lively to be our next Executive Director,” says Brian Kehn, board chairman and Director of Billing for HomeServe USA. “Laura’s background uniquely positions her to assume the Executive Director role. She has been a member […]
Maximizing Chargeback Representments When The Payment Isn’t Present
Chargebacks can be effectively disputed, but when does it make sense for your business? This presentation breaks down definitions, detail representment considerations and offer recommendations for the most frequent chargeback reasons. Presenter: Chris Marchand, Vice President Business Development, Verifi, Inc.
Ethoca’s Julie Fergerson Appointed to Merchant Advisory Board
The DRF PaymentsEd Forum, a non-profit organization focusing on delivering educational and networking opportunities to card-not-present (CNP) payment professionals, recently appointed Julie Fergerson, senior vice president of Industry Solutions for Ethoca, to its Merchant Advisory Board. All Board members are charged with delivering high-level educational and networking opportunities for tenured payments professionals and those just […]
Mastercard BINs: Today & Tomorrow
page viagra Bank Identification Numbers (BINs) are fundamental to payments. They identify the network and issuer, and provide other important information across the ecosystem. As a result of recent and on-going growth in electronic payments and digitization, the industry’s supply of BINs is under pressure and there is a need to expand the supply in […]
Visa Account Updater Supports Updates from American Express & Discover
Visa will now support American Express and Discover brand conversions as part of its Visa Account Updater (VAU) program.
Why Attend DRF PaymentsEd 2016 Forum?
Why attend DRF PaymentsEd 2016 Forum? The payments industry continues to evolve and it’s hard to stay abreast of all of the changes, how they impact your job and your company. That’s why networking and expanding your knowledge is key to being successful. I’ve kept ahead of the complex payments industry by being an active […]
Payment Metrics – Do you know what matters?
Industry veterans discuss payments metrics and reporting in this interactive session, with a focus on using insights from multiple sources to identify problems and their solutions. The conversation will include high-level metrics (i.e., interchange, auth rates, billing success rates, chargeback rates, refund rates, etc.), but will also dig down into specific data types used for […]