Giving Credit Where Debit Is Due

In this episode:

• Glen introduces the structure and information contained in the Retail Payments Study, as well as changes to this year’s study.
• Study highlights?
  
  • What the study covers.
  • Findings related to cash payments and ATM transactions.
  • Changes in pre-paid card growth and check volume.
  • Non-prepaid debit cards and credit cards.
  • ACH, and its relationship to check volume.
  • What is missing in the report that John and Glen would like to see addressed?
• EMV
  
  • Why the EMV implementation is similar to the Affordable Care Act rollout in the US.
  • Discussion of fraud and its relation to EMV, and initial fraud findings related to EMV.
  • EMV findings from the Fed report.
• Glen’s Top 5 takeaways from the Report.
• Glen’s best album of 2016.
• The first new listener feedback segment.

URLs related to this week’s BIGCast:

• https://www.federalreserve.gov/paymentsystems/fr-payments-study.htm – The Federal Reserve Payment Research page, with a link to the 2016 Federal Reserve Payments Study brief (PDF: https://www.federalreserve.gov/newsevents/press/other/2016-payments-study-20161222.pdf).
• http://bigfintechmedia.com/Blog/checks-arent-dead-and-neither-are-credit-cards – Glen’s blog on his initial reading of the Fed’s Payment Study.
• https://www.federalreserve.gov/releases/g19/current/g19.pdf – St. Louis Fed’s report that shows revolving consumer debt that began growing again in 2013
• https://www.voiceamerica.com/show/2193/breaking-banks – The Breaking Banks podcast with Brett King.
• http://stompandstammer.com/feature-stories/car-seat-headrest/ – Glen’s interview with Will Toledo of Car Seat Headrest, and the Car Seat Headrest Web site: http://carseatheadrest.com/.
• http://www.hydrogenskyline.com/ – Music and more from Hydrogen Skyline