02/02/2012: Payments Views, Consumer Financial Protection Bureau, Facebook Credits, Payments-Related Conferences

Payments Views – CFPB Final Remittance Rule

http://bit.ly/wOM9l2

Over on Payments Views, Glenbrook’s Jacqueline Chilton summarizes and reacts to the CFPB Final Remittance Rule that has been issued by the Consumer Financial Protection Bureau. “This rule has considerable implications with both intended and potentially unintended consequences.

 

Facebook Outlines Facebook Credits Business for IPO

http://bit.ly/zLP118

Interestingly, Facebook doesn’t use the term “Facebook Credits” in the S-1, preferring instead the simple term “payments”. Remember also that Facebook does a 70/30 revenue split with developers, implying that the $557M in 2011 payments-related revenue came from $1.867 billion in Facebook Credit redemptions.

 

Upcoming Payments-Related Conferences

http://bit.ly/xiow4x

SmartCard Alliance 2012 Payments SummitThe 5th annual SmartCard Alliance conference will be held February 8-10 at the Hilton Salt Lake City Center in Salt Lake City, Utah.

 

FinovateEurope 2012The FinovateEurope 2012 Conference returns to London on February 7th, 2012 at the Old Billingsgate Market Hall in the heart of London.

 

Discover PAYMENTS 2012The NACHA Payments 2012 Conference will be held April 29-May 2, 2012 in Baltimore, MD at the Hilton Baltimore.