Transaction Trends

This was one exciting year for payments. Here at Transaction Trends, we’ve been working hard to keep you updated on the latest industry news.  As we close out 2016, we’ve decided to take a look back at some of our most-read articles throughout the year. Here are the top five most popular articles.

An Open Letter to Consumers About Chip Cards

Jason Oxman

Dear Consumers,

On behalf of the payments industry, we hear you. Some of you really don’t like these new chip cards – you think they are slow, you don’t like the loud noise the card readers make, and you may still get fraud alerts even after you’ve received your new chip card. On October 1, we will mark the one-year anniversary of the start of the chip card transition. So this is a good time to address your concerns with explanations, not excuses. And it’s important to understand why we’re doing this in the first place. Click here for full article.

ETA Announces the Roll-Out of New Payment Facilitator Guidelines

Today, ETA rolled out its new Payment Facilitator Guidelines from the TRANSACT 16 stage. Offering guidance to new entrants on practices including settlement, registration, funding delays, fraud, security, and related issues, the Payment Facilitator Guidelines will be the cornerstone of benefits for companies joining ETA, the trade association representing the entire payments technology ecosystem. Click here for full story.

Mobile Payments Security Standards Whitepaper: Executive Summary

Mobile payments are a relatively new aspect of the payments ecosystem, but they’re growing incredibly fast. Companies that want to develop a mobile payments solution must pay close attention to the industry-established rules and guidelines that will apply to their product. To help guide you through this process, ETA’s Mobile Payments Security Standards Working Group has developed an overview of the key standard- and specification-setting bodies that are relevant to the provision of mobile payments offerings. Click here for full story.

New ETA Survey Finds Online Lending an Important Tool for Small Business Owners

ETA released an infographic highlighting the key findings from a survey of almost 600 small business borrowers.  The landmark survey conducted last month by Edelman Intelligence reveals that online small business lending products add innovative new choices to available loan options. Click here for the full story.

Guest Analysis – Big Data Is More Than Just A Buzz Word

Ben Grossman

It can be easy to write off “big data” as an empty buzz word and the hype around it as a cynical marketing ploy, especially because the talk about big data often lacks an explanation of what it really is in real world terms. For a quick-and-dirty definition, this will do: Computers today can store, read, compare and draw conclusions from vast amounts of information — and they can do it really fast. But it’s not just more information and modern processor speeds that blow folks’ hair back when it comes to big data. Click here for the full article.

Want to contribute an article?

ETA invites our members, government employees and select non-profits and trade associations to submit articles to be considered for publication. Click here for more information.