Theodore Iacobuzio's Biography
Theodore Iacobuzio
Vice President, Global Insights
Theodore Iacobuzio is vice president in charge of Global Insights, MasterCard’s interdisciplinary thought leadership organization. He and his team use research and analysis to better understand consumer behavior and market dynamics—and how those insights can strengthen the business performance of MasterCard customers around the world. Under his direction, MasterCard has published groundbreaking work on payments profitability, the myth of debit “cannibalization,” global debit point-of-sale migration, remittances in Asia/Pacific and the Middle East, and affluent segmentation in Brazil.
Prior to joining MasterCard in 2009, Mr. Iacobuzio led the Payments Practice at TowerGroup. Based in Purchase, N.Y., he can be reached at ted_iacobuzio@mastercard.com.
Recent Posts
Is the U.S. Finally Ready for EMV?
The Fed’s ruling on signature debit Interchange levels, while alleviating—if not obviating—Aite Group analyst Julie McNelley’s concerns that 12 cents just wouldn’t be enough to pay for risk management, does beg the bigger question. Because security is still a top-of-mind issue in U.S. and global card circles, and what to do about it is by …
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The Durbin Debacle
It’s always fun to transcribe great English prose; and when you spend a lot of time in the blogosphere, you can start feeling a little like you’re working in a windowless office in Manhattan in July with the air conditioning on the blink. Reading a real argument from a real thinker by way of contrast …
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Risk Management Could Go Out the Window if Durbin Amendment Prevails
Just got back from MasterCard’s America Risk Management Academy meeting in San Diego, where I led a panel (more about that in a minute). During the conference news of the Sony breach surfaced, which led to some pretty interesting discussion. Not to sound like too much of a homer, but it was one of the most …
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The Durbin Chickens Start Coming Home to Roost
While no thunderclap, JPMorgan Chase’s decision this week to drastically cut its debit rewards program is certainly indicative of what consumers should expect as a result of the post-crisis legislative and regulatory onslaught on the payments industry. Alone, actions like this by PNC Bank, Chase and Regions, among others, are probably not enough to pry …
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Consumers Look to Credit Cards for Time, Not Money
You heard it here first, folks. The New York Times reported March 2 that “American shoppers did not shed their reliance on credit cards over the year-end holidays.” As to why they used credit cards, The Times notes that “retailers tend to benefit from credit card spending, as it often means people are spending beyond …
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