When my colleague and I wrote this Viewpoint article in American Banker in 2007 - we were inspired by the fact it was National Payroll Day. The value proposition for payroll cards, and specifically prepaid payroll cards, has never been so compelling. For millions of American workers, payroll direct deposit to a checking or savings account is not practical,...

For the last 12 months, national retailers have been hard at it reevaluating their relationships with their credit card partners. Retailer CFO and Marketing Managers have become intimately familiar with the Terms and Conditions of their Agreement for Credit Card Services. They have modeled out performance to date against projections and have revisited...

Kudos to the Keith Kirkpatrick and the IIR team for holding a very worthwhile event! I had my doubts this year about making the pilgrimage to Orlando but when I saw the scores of card industry players at the registration desk I knew it was time and money well spent. Don't get me wrong - the Expo was not without its weaknesses but relative to other conferences - very...

MasterCard has struck a deal with H&R Block and Intuit to provide discounts on online products. MasterCard's not so subtle agenda is to promote the use of MasterCards as a payment option for your tax bill. For H&R Block's TaxCut Online, consumers purchasing with their MasterCards can save 35 percent when they purchase using the http://hrblock.com/goto/mastercard...

FICO Launches Mortgage Recovery Initiative to Address US Homeownership Crisis Excellent announcement from those brilliant people at Fair Isaac (I still can't come to grips calling them FICO). This is the first credible initiative that I have seen from any financial services company in response to the mortgage crisis. For PSP clients, the most interesting...

Retailers are tapping into the reality that the traditional bank business model does not work for all Americans. It's about Trust. philip@philliouselwanes.com 04-29-2009 In the U.S., retailers have long hosted bank branches where the primary benefit has been rental income. Moving beyond a real estate play, a number of US retailers have chosen to expand...

Payments Deep Dive(TM) Joins National Retail Federation and Introduces New Course to Educate Retailers NEW YORK, May 5 /PRNewswire/ -- Payments Deep Dive, Inc., a wholly-owned subsidiary of Philliou Selwanes Partners LLC, a New York City based consulting and advisory firm, announces 2009 training sessions about Best Practices in Prepaid Cards for Retailers....

Stay tuned...

If you are at the event and would like to meet, send me an email at philip@philliouselwanes.com

See PSP on http://paymentsdeepdive.blogspot.com