Brand New Edition - Payments Intelligence Magazine

In this latest edition, CMSPI investigates the state of the cash industry, the rising cost of cash, and PINless debit regulation.

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The trusted, independent
payments consultancy

CMSPI is a team of consultants and analysts that advise
merchants on how to optimize and reduce their payment costs.

Read about what we do

CMSPI is an independent payments consultancy that works with hundreds of leading merchants to optimize and reduce payments costs. We are proud to be merchant champions.

Card Services

Our experts will ensure each element of your supply chain is optimized and market-leading.

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Cash Services

We will breakdown your current costs and accurately benchmark each component.

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FX Services

Enjoy future-proof arrangements that keep you at the forefront of the payments industry.

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Special Projects

Our team takes pride in approaching each project in a way tailored to your needs.

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Vizion Dashboard

Our customized dashboard gives you ongoing analysis of the costs and trends that matter most to you.

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Research and Advocacy

We provide expertise for litigation support, economic analysis and commentary, business case support, and in-depth industry reports.

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Resources
10.05.2018
NEW Fall 2018 Edition – Payments Intelligence Magazine Now Available

In this latest edition, CMSPI investigates the state of the cash industry, the rising cost of cash, and PINless debit regulation.

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Blogs
10.18.2018
CMSPI attends Secure Cash and Transport Association in Chicago

CMSPI encourages events that facilitate discussion among all parties within the cash management industry.

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Blogs
10.17.2018
CMSPI Embark on Industry-Wide Cost of Cash Study

Our expert cash team will be conducting a comprehensive study of the true cost of retail cash management in the U.S.

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News
10.17.2018
New Jersey Proposes Bill That Would Force Merchants to Accept Cash

New Jersey has proposed legislation that would require all brick-and-mortar retailers in the state to accept cash payments.

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Events
10.16.2018
CMSPI Is Attending The Anti-Counterfeit & Currency Expo in Vegas

We’ll be attending the first annual Anti-Counterfeit & Currency Expo in Las Vegas, November 4-7 and we’d love to meet up!

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Events
10.16.2018
CMSPI Is Attending The AFP Conference in Chicago

We’ll be attending this year’s AFP 2018 Annual Conference in Chicago, November 4-7 and we’d love to meet up!

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Blogs
10.15.2018
Banking Invoice Insights 101: Untangling the Complexities

There are significant savings available for those who get their banking arrangements right, but merchants must first understand the intricacies of their invoices.

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News
10.12.2018
PayPal and Walmart Join Forces To Offer Cash In-Store

Customers visiting participating U.S. Walmart stores will soon be able to withdraw and deposit cash directly from their PayPal accounts.

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Resources
10.12.2018
Picture of Payments – Autumn 2018

In our picture of payments series we look at current industry trends and topics! Autumn 2018 cartoon now available.

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Resources
10.10.2018
White Paper – Transactional Routing – 10 Key Issues Impacting Debit Routing (IPRF)

We highlight 10 key issues impacting debit routing in the U.S. today and what merchants and regulators should do about them.

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Blogs
10.05.2018
The Rising Cost of Cash Acceptance – What Can Merchants Do?

We look at the extent to which cash has declined, how that is likely to progress in the next few years, and mitigation strategies for merchants.

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News
10.02.2018
Evolution in Payments: A Paradigm Shift in Payments – A Future the Industry Should Demand for Digital

Laura Townsend, SVP, Operations, Merchant Advisory Group, discusses a paradigm shift in payments

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Events
10.01.2018
CMSPI attending the Secure Cash & Transportation Conference 2018 – Chicago

We’ll be attending this year’s Secure Cash & Transportation Conference 2018 in Chicago, October 10-12!

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Blogs
09.19.2018
Visa and Mastercard (maybe) reach $6.2bn settlement over swipe fee dispute

Visa and Mastercard have settled a long-running antitrust case brought by merchants over unfair swipe fees.

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Blogs
09.18.2018
Why Are Invoice Checks Important? – A Q&A with Head of Technical Consultancy, Alistair Matthewson

We caught up with our card processing and invoice audit specialist on why conducting regular invoice reviews is so important.

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Blogs
09.01.2018
Merchant Card Bans: To What End?

To have a long-term effect on credit card interchange fees across the board, regulation – rather than a merchant-wide ban on certain card types – will be necessary.

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Blogs
08.24.2018
Seven Reasons a Card Processing Review Could Save You Millions

7 (not so magnificent) reasons your MSC invoice may contain errors…

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Blogs
08.22.2018
Payments Talks with The Fed’s Barbara Bennett: The Future of Cash Management

We conducted a short interview with Merchant Cash Management Forum keynote speaker Barbara Bennett of the Federal Reserve.

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Blogs
08.20.2018
Payments Talk with Karl Littler: A Breakdown of the Changes to Canadian Interchange Fees

We caught up with Karl Littler, VP of Public Affairs at the Retail Council of Canada, on the recent interchange fee reductions in Canada,

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Blogs
08.15.2018
Payments Talk With Walmart: Cash Management, the MCMF, and the Payments Landscape

Walmart discusses the importance of the MCMF, the current state of the cash industry, and what the future holds for merchants.

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Blogs
08.10.2018
Multiple processor relationships: are they worth it?

CMSPI highlights key issues for any merchant who is considering introducing multiple processors into their card arrangements.

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News
07.30.2018
Finextra News: Chase Pay bows to the inevitable; hops into bed with Samsung Pay

Chase is bidding to give its under-appreciated proprietary mobile payments app Chase Pay a shot in the arm by linking up with Samsung Pay.

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Blogs
07.24.2018
Q&A with Acculynk Co-Founder and Guest Speaker at CMSPI’s Debit Acceptance Event

Ahead of our debit acceptance event, we caught up with guest speaker Nandan Sheth from First Data to talk all things debit.

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Blogs
06.29.2018
Visa and Mastercard settlement terms detrimental to merchants in the long-term

The WSJ reports that Visa and Mastercard are close to reaching a one-off $6.5 billion settlement with merchants.

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News
06.27.2018
After a long battle, Supreme Court rules in favor of Amex

The Supreme Court recently ruled in favor of American Express in a long-running anti-trust case.

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Blogs
06.26.2018
Rupay, Indian’s domestic card network: the new kid on the block

There is no excerpt for this post.

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Events
06.21.2018
Payments Talk: PIN/PINless Debit Acceptance (With Special Guest Speakers) – August 2, 2018

Network With the Networks, an exclusive event for payment professionals in the Atlanta area.

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Resources
06.21.2018
Infographic: Brink’s-Dunbar Acquisition, Top 5 Considerations for Merchants

Merchants should act now and review their current cash management processes to ensure their arrangements are market-leading.

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Blogs
06.15.2018
Brink’s Acquisition of Dunbar – Pros and Cons for the Merchant Community

Brink’s has announcement its intention to acquire Dunbar. Our cash specialists detail the consequences for merchants.

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Blogs
06.14.2018
Merchants, there may be an alternative cash collection option you haven’t considered…

Mail order cash services is a relatively new transport and processing option for merchants that doesn’t rely on AT providers.

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Resources
06.06.2018
Infographic: PINless Debit Transactions, Behind-the-Scenes Looks

We explore the journey of a PINless debit transaction from a merchant’s perspective in our latest infographic.

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Blogs
06.04.2018
Q&A: Card Optimization With Vizion by CMSPI

Our exclusive ‘Vizion by CMSPI’ dashboard product offers merchants complete visibility of their payments arrangements.

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News
05.31.2018
iZettle Announces Sale to PayPal at the Eleventh Hour

iZettle, the Swedish payments company founded in 2010, has sold to PayPal for $2.2bn, placing any plans to IPO on hold.

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Resources
05.31.2018
NEW – Payments Intelligence Magazine Out Now

In our latest edition, we introduce the International Payments Regulation Forum and explain why global interchange regulation needs an overhaul.

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Blogs
05.30.2018
20 of the Biggest Deals in the Payments Industry in the Past 20 Years

We highlight the 20 biggest deals in the payment industry over the last 20 years, and key issues merchants need to consider.

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Blogs
05.25.2018
Cash Management Complexities: Five Key Reasons Merchants Are Struggling

We’ve highlighted the five key industry issues that make cash management for merchants time-consuming, costly and complex.

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News
05.25.2018
Finextra News: Adyen Confirms Plans For IPO

Payments processor Adyen is chasing a $9bn valuation after confirming its intent to sell 15% of its shares in an IPO.

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Blogs
05.23.2018
The Pitfalls and Payoffs of PINless Debit Acceptance

We break down three key pitfalls, and three potential payoffs, available for merchants who get PINless debit solutions right.

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News
05.18.2018
Denny’s Recommends Working With CMSPI…

We recently completed a project with large national restaurant chain Denny’s. We caught up with them to discuss how the project went…

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News
05.15.2018
Matthew Shaw Joins CMSPI Board of Directors

CMSPI is proud to announce that Matthew Shaw, SVP of Sales & Marketing, has joined the CMSPI Board of Directors.

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Events
05.11.2018
Event: The Merchant Cash Management Forum (September)

Join us for a one-of-a-kind, tailored cash event that will help merchants tackle the issues that matter most.

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Events
05.08.2018
Watch our Latest Webinar – How to Significantly Reduce Card Costs Without Switching Vendors

In our latest webinar, our payments consultants explain how to drastically reduce card costs without switching vendors.

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Blogs
05.08.2018
The Merchant Community, A Tale of Two Halves

Many merchant’s operating expense budgets have outpaced their sales growth, and merchants are struggling to keep up

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News
04.25.2018
Finextra News: Draft U.S. Faster Payments Council Governance Framework Released

A group of industry stakeholders has put together a draft governance framework for a new US Faster Payments Council (FPC).

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Blogs
04.25.2018
Network Fee Increases – What’s Happened in April?

Despite mostly affecting Europe due to Visa Inc’s purchase of Visa Europe, North American merchants should not think they’re immune from scheme fees increases and changes.

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Blogs
04.10.2018
Your Cash Management Arrangements Shouldn’t Be Swept Under the Rug, Here’s Why…

We highlight 3 considerations merchants need to review when optimizing cash management arrangements.

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Resources
04.03.2018
Infographic: Managing The Complexities of Your Cash Supply Chain

We highlight 3 key elements to consider when optimizing your cash management arrangements.

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News
03.13.2018
In a Bid To Increase Merchant Card Acceptance, Amex Cuts Fees

American Express has announced its plans to cut merchant acceptance fees by more than it has in the last 20 years.

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Resources
02.28.2018
White Paper: PINless Debit Acceptance

The $2 billion dollar question… are you prepared to take advantage of the savings available?

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Blogs
02.01.2018
The $2bn Question: Is PINless the Next Game Changer for CNP?

PINless debit routing could save U.S. merchants up to $2 billion dollars annually – are you prepared to take advantage of these savings?

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Resources
01.25.2018
White paper: How Top-Performing Merchants Are Getting Cash Management Right

In this white paper, we provide a 10-step checklist to help merchants optimize their cash management arrangements.

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Blogs
01.23.2018
Lowering Cash Management Costs – 7 Best Practices for Grocery Chains

A combination of industry wide factors mean that now more than ever merchants need to focus their attention on optimizing their cash handling costs.

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Blogs
01.15.2018
Visa Joins Other Network Giants in Changing Signature Rules

After similar announcements from Mastercard, Discover and Amex, Visa is the latest network to change its customer signature requirements.

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Resources
01.15.2018
Whitepaper: Unlocking The Potential, The Rise Of Cash Office Technology

In our latest white paper we examine the rising popularity of cash office technology and what this could mean for your business.

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Blogs
01.11.2018
Payments Talk: Steve Mott, President of BetterBuyDesign LLC

We invited Steve to give his insights on fraud in the U.S. market, barriers for merchants to overcome, and what the future holds for the industry.

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Resources
01.09.2018
Payments Intelligence Magazine – Winter Edition (2018)

In this latest edition, CMSPI experts explain how PINless debit could be a game changer for CNP transactions, saving merchants $2bn annually.

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Blogs
01.04.2018
The Most Read Articles on CMSPI’s Website in 2017

We’ve compiled the top 5 most viewed/downloaded resources from our website over the last 12 months

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Blogs
01.04.2018
The Top 10 Things to Watch Out for in Payments in 2018

We take a look at what the future holds and highlight the top ten things to watch out for in 2018.

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Blogs
01.04.2018
CMSPI Volunteers With Atlanta Children’s Shelter

CMSPI joined forces with the Atlanta Children’s Shelter to help struggling Atlanta families to enjoy the holiday season.

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Blogs
12.20.2017
Happy Holidays From CMSPI!

The CMSPI team wishes you a happy holidays season

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Resources
12.20.2017
Payments 101 – Understanding a 4-Party Transaction

In our latest educational series, Payments 101, we review the basics of the 4-party transaction model.

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Blogs
12.19.2017
Why Merchants Across the Globe Must Unite to Effect Change

The merchant community faces many challenges with regards to payments, and must work together to drive change.

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News
12.13.2017
Finextra News: 59% of Card Present Transactions Globally Use EMV Chip Technology

Latest report shows EMV technology is now used on 59% of global transactions – up from 42% last year.

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Blogs
12.13.2017
Discover and American Express Change Signature Rules

Both Discover and American Express have announced that starting in April 2018 they will no longer require a signature for card transactions.

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Blogs
12.08.2017
Why Private Equity Firms Are Turning to CMSPI to Optimize Payments Costs

Discover the benefits CMSPI can bring to private equity firms.

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Resources
12.04.2017
Webinar: PINless Debit Routing, eCommerce’s Next Game Changer?

Watch the CMSPI and PaymentsEd Forum joint webinar on PINless debit opportunities for CNP.

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Resources
11.15.2017
Infographic: The Card Processing Fees You Need To Pay Attention To

In this infographic, we’ve arranged the various elements that affect your payments budget and why it’s not all about interchange.

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News
11.12.2017
Finextra News: Amazon Cash Comes To Canada

Amazon now enables its Canadian customers to pay for their purchases by cash or card at local Post Offices.

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News
11.12.2017
Finextra News: U.S. Banks Launch Real-Time Payments System

The US has launched their first real-time payments scheme, enabling consumers and businesses to send and receive money within seconds.

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Resources
11.09.2017
Picture of Payments – The Global Payments Race

Vantiv’s impending merger with Worldpay is set to create an international payments behemoth of unprecedented size and scope.

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Resources
11.09.2017
Infographic: 8 Common COT Implementation Mistakes, And How To Avoid Them

We list eight of the most common mistakes merchants make when implementing COT and ways to mitigate them.

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Resources
11.06.2017
Payments Intelligence Magazine – Fall Edition (2017)

In our Fall 2017 Edition, CMSPI investigates the upcoming merger between Vantiv and Worldpay.

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News
11.02.2017
Finextra News: Interac Debit Comes To Samsung Pay in Canada

Canadian debit network Interac has introduced support for Samsung Pay.

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Blogs
11.02.2017
eCommerce’s Next Game Changer – PINless Debit Routing

Supply chain developments mean most merchants can now consider whether PINless debit is right for their business.

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Blogs
10.30.2017
Payments Intelligence Extract : Canada, The Interchange Fight Is On

Is this extract of our latest magazine, CMSPI experts explain why Canadian government must protect merchants from excessive fees.

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News
10.20.2017
Finextra News: PayPal Racks Up Revenues, Profits and User Numbers

PayPal, one of the most popular alternative payment solutions, continues to grow with strong third quarter results.

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Resources
10.18.2017
Infographic: This Quarter At A Glance (Q3 2017)

This quarter at a glance, a snapshot of the quarter’s biggest news (Q3 2017).

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News
10.16.2017
Finextra News: Venmo Comes To The High Street

The popular mobile payment app will soon be available in high street retail shops.

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Blogs
10.05.2017
Interchange Fees: Why Some Jurisdictions Have Regulated Successfully, But Most Haven’t

The fundamental infrastructure of the four-party card system is similar worldwide, so why isn’t interchange regulation?

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Resources
09.27.2017
Infographic: Key Factors When Considering Cash Office Technology

In this infographic we list key considerations for merchants thinking about implementing cash office technology.

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Events
09.13.2017
Webinar: Is Cash Office Technology Right For Your Business?

In this free webinar, CMSPI President, Elley Frost, examines the two biggest trends in the cash industry – outsourcing and technology.

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Blogs
09.12.2017
Merchants Set To Suffer As Visa Announces Increases To European Scheme Fees

CMSPI is able to provide insight into the significant impact merchants are likely to encounter in the coming year.

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Resources
09.06.2017
White paper: Multinational Payments – The Pursuit of Perfection

In our latest white paper, CMSPI experts provide solutions for merchants looking to optimize multinational payments.

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Blogs
08.30.2017
Mergers and Acquisitions: The Good, The Bad and The Ugly

M&A activitiy can often mean uncertainty for all players in the supply chain, but what do these activities mean for merchants specifically?

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Resources
07.24.2017
White paper – PIN Debit Routing: A Multi-Million-Dollar Opportunity

We take a look at the history of PIN debit, the current situation many merchants find themselves in, and steps you can take to optimize your arrangements.

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Blogs
07.20.2017
CMSPI Saves MAG Members $36 Million in Payments Costs

Over the last 24 months’, CMSPI has engaged with several MAG members and is on course to save them a combined $36,000,000.

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Resources
07.12.2017
Infographic – This Quarter at a Glance (Q2 2017)

What’s happening in payments in Q2 of 2017?

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Blogs
06.25.2017
Why Free Market Economics and Interchange Regulation Are Not Mutually Exclusive

Free market economics is often an argument used to block any regulation attempt. However, when it comes to anti-competitive practices, regulations should be encouraged.

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Blogs
06.07.2017
Cash In The USA – What’s Next?

CMSPI takes a look at the overall armored transport landscape in the USA.

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Resources
06.06.2017
Payments Intelligence Magazine – Summer Edition (2017)

Our latest Payments Intelligence magazine, bringing you opinions and insights from across North America.

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Resources
05.31.2017
Infographic – Cash Management: Key Considerations for Restaurants & QSR’s

Managing QSR and restaurant cash arrangements is a difficult task. There are many complex industry-specific challenges that must be considered.

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Blogs
05.08.2017
How Do Interest Rates Affect Cash Management?

We look and interest rates and their influence on your cash management strategy. We analyze each scenario and provide advice on what you should do.

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Blogs
05.04.2017
After Financial Committee Hearing, Fate of Durbin Amendment Remains Unclear

Although recent reports suggest a total repeal is unlikely, it is imperative that merchants act now to ensure Durbin is strengthened.

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Blogs
04.25.2017
CMSPI joins forces with the MAG to tackle PIN debit routing

The webinar will expose why many US merchants are unwittingly missing out on substantial six – seven figure cost savings.

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Resources
04.12.2017
Infographic – The Card Processing Fees You Need to Pay Attention To

CMSPI provides transparency to the complexities associated with processing payments.

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Resources
04.11.2017
Infographic – Debit Routing Engine; Are Your Transactions Really Being Routed Optimally?

Understanding the debit routing engine; are your transactions really being routed optimally?

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Resources
04.10.2017
Infographic – Watch List: US Card Processing and Card Networks Analysis

Summary of US card processing and card network activities for March 2017.

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News
04.04.2017
Finextra News: In wake of EMV switch, US eCommerce fraud soars

As the US finally made the switch to EMV chip cards, last year saw e-commerce fraud rates jump by 33%, according to data from Experian.

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News
03.28.2017
Finextra News: US Supreme Court rejects effort to revise $5.7bn interchange settlement

The US Supreme Court has refused to revive a $5.7 billion class action settlement between millions of retailers and Visa and Mastercard over interchange fees.

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Blogs
03.10.2017
Payments Intelligence Extract : The Durbin Amendment – it’s time for a regulatory reform

Introduced as part of the Dodd-Frank Wall Street Reform Act, the Durbin Amendment has underachieved. Should it then be repealed, or reformed?

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Resources
03.07.2017
Payments Intelligence Magazine – Spring Edition (2017)

In this edition we take a look at the Durbin Amendment and argue that despite its failure to protect merchants, the regulation should be retained and strengthened – not repealed.

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Resources
03.02.2017
Infographic – CMSPI’s Essential Card Processing Optimization Checklist

Key considerations to make when exploring improvements to your card processing arrangements.

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Resources
02.02.2017
The Card Payments Supply Chain

The card payments supply chain is complex, here’s a summary of how it works.

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News
01.27.2017
Finextra News: Fed publishes faster payments report

The Federal Reserve says it is on track to hit “significant milestones” this year in its long journey towards finally bringing faster payments to America.

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News
01.06.2017
Finextra News: Walmart Canada ends ban on Visa credit cards

Walmart Canada and Visa have ended their interchange fee standoff, striking a deal that will see the retail giant’s customers able to resume using Visa credit cards.

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News
12.16.2016
Finextra News: Visa and Mastercard strike wallet tokenization deal

Bitter rivals Visa and Mastercard have struck a deal that lets each firm’s digital wallet service request the other’s tokenized payment credentials.

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News
12.15.2016
Finextra News: Cash to account for less than a quarter of US transactions by 2026

The rise of mobile and contactless payments means that by 2026 cash will account for less than a quarter of all transactions in the US.

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News
12.08.2016
Finextra News: Canada publishes multi-year roadmap for payments overhaul

Payments Canada has gone into public consultation on far-reaching plans for a throughgoing overhaul of the nation’s payments architecture and legal underpinnings.

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News
12.01.2016
Finextra News: Amex brings NFC mobile payments to Canada

American Express is bringing contactless mobile payments to Canadian cardholders with Android devices.

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News
11.23.2016
Finextra News: Visa tweaks debit routing policies

Visa (NYSE:V) today modified and clarified existing debit network routing rules to help merchants and acquirers better understand implementation options.

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Our Recent Achievements

We regularly save our clients six and seven-figure amounts. Have you considered how much could we save you?

$ 402 bn

Annual volume of cash and card
revenue we negotiated last year.

$ 68 m

Savings achieved for our
clients in the last 12 months.

42

We work in over 42 countries
across the globe.

We Partner With Some of The World's Leading Brands

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