Payments Consultant

The AT&T, Verizon & T-Mobile mobile payments venture has been the worst kept secret in payments for months now since Bloomberg ran the story leaking it.  Now at long last, it appears they are getting ready to announce it.  What’s most interesting, though, is their new CEO, reportedly Michael Abbot of GE Capital.  Since they first started a [...]

This week saw the announcement that Nokia is shipping their C7 smartphone with Near Field Communications (NFC) hardware capability and the promise of an NFC software upgrade coming soon. in the past, I’ve posted on Remote Mobile Payments, developments on the rumored AT&T, Verizon and T-Mobile consortium, and opinions on how the parties should approach [...]

Amidst all the hype, politics and lobbying in the Durbin Amendment interchange fees debate, is a little-noticed component that could have a big impact on the state of payment technology in the US.  I believe the changes offered by the House and accepted by Durbin and the Senate could lead to regulations that force the US [...]

Today, the House of Representatives passed the Data Accountability and Trust Act, which sets national standards for the protection of consumer’s personal information like payment card numbers. More government regulation a good thing? Actually in this case it is.