Fast Payments Innovation PaymentsPost Regulation Technology

Payments Post #13: At the Intersection of Tech, Regs, and Business Partnership

This month, Cici Northup joins regular contributor Justin Pituch to recap positive news in the form of fast payments growth, new fraud mitigation strategies, and evolution in cross-border transfers. All reflect, to varying degrees, the unique dynamic in the payments industry created by the intersection of technology, regulation, and new business partnerships.

Tags: Fintech

Merchants Orchestration Payment Gateways PSPs Risk Management

Payments Orchestration: What Comes Next?

Orchestration providers have certainly come a long way, and can enable powerful capabilities and benefits for the merchants that employ them. This post explores some of the possibilities Glenbrook has been thinking about for where Orchestration (and even orchestration) can go next.

Data Fast Payments Fraud Healthcare PaymentsPost Risk Management

Payments Post #12: Lessons from Change

In this month's Payments Post, we want to draw your attention to several recent fraud incidents that underscore the criticality of effective risk management to your business and the safety and soundness of the payments industry.

Tags: Fintech

Card Issuers Card Networks Consumers Discover PaymentsPost Regulatory Environment

Payments Post #11: Closing the Loop: Cap None?

This month's Payments Post focuses on the announcement that Capital One intends to acquire Discover and considers the perspectives of the various ecosystem participants it affects.

Tags: Fintech

Healthcare

Healthcare, meet Payments: When two complex industries collide

Can we improve the payment experience for Patients and Providers? I think so. Before I dive in, let me start with a confession – at one point I was pursuing a career in medicine – drawn, like many, by the opportunity to help people in need. My aversion to blood drew me away. Nevertheless, I’ve […]

PaymentsPost Regulatory Environment

Payments Post #10: Glenbrook's January Roundup - 2nd "Year of the Regulator"?

We informally called 2023 “The Year of the Regulator” here at Glenbrook. 2024 is shaping up to be much the same. Certainly, some Glenbrookers think so – ‘regulator’ or ‘regulation’ was said 56 times in our first Payments on Fire episode this year, ‘What Glenbrook is Watching in 2024’. We can’t help but double down […]

Tags: Fintech

Merchants Orchestration Payment Gateways PSPs

Demystifying Payments Orchestration: Part 2 - Orchestration in Practice

Recap Earlier this week, we started to unpack one of the buzziest terms in payments: orchestration. As we define it, Orchestration Platforms facilitate a merchant’s multi-acquirer setup, in addition to providing services across the areas of transaction optimization, smart routing, and connections to multiple providers (acquirers, non-card payment methods, and related services such as risk […]

Merchants Orchestration Payment Gateways PSPs

Demystifying Payments Orchestration: Part 1

Introduction For those of us who follow the payments industry, it has been difficult in the past few years to avoid the hype around payments orchestration.  The ubiquity of the term begs the question: what exactly does payments orchestration mean?  We see the term used to describe providers serving FIs that will “orchestrate” – i.e., […]

Account-to-Account Payments Payments Fraud PaymentsPost

Payments Post #9: Glenbrook's November Roundup - Fighting Fast Fraud

It’s hard to believe that it’s already December. After a year of looking back on the biggest headlines in payments month-by-month, this month seemed like an ideal time to reflect on the year’s biggest trends as well as November’s most interesting headlines. But rather than try to recap everything that happened over the course of […]

Tags: Fintech

Artificial Intelligence Innovation Technology

6 Generative AI Payments Use Cases and 6 Actions to Evaluate your GenAI Strategy

Innovations and industry disruptors consistently emerge in the payments domain. As they arise, businesses often scrutinize these trends, evaluating their significance, the appropriate allocation of time and resources, and strategies to integrate emerging technologies. In this piece, I will dive into Generative Artificial Intelligence (GenAI): defining GenAI relative to Traditional AI, highlighting GenAI payments use […]

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Payments Post #8: Glenbrook's October Roundup

At Glenbrook, we’ve been watching rising interest rates and vacillating economic conditions over the course of the year; while economists debate the likelihood of further rate hikes and the odds of a near-term recession, we dig into the real impact of these uncertain conditions on the U.S. payments landscape. Samantha Gordon joins us this month […]

Tags: Fintech

Regulatory Environment

PSD3: Implications for the U.S.

Much has already been written about the Third Payment Services Directive (PSD3) and its anticipated scope following the release of the draft texts earlier in the year, but, understandably, mostly from a European standpoint. Arguably, PSD3 is likely to be more of an evolution than a revolution, with the transition from PSD2 to PSD3 less […]

Open Banking

From Open Banking to Open Finance: Redefining the Financial Services Landscape

The Consumer Financial Protection Bureau (CFPB) just released proposed rules for Open Banking in the U.S. which offer a framework for understanding Open Banking roles, role-based requirements and rights, and timelines for implementation, among other things. This long-awaited proposal lays the groundwork for a more mature approach to Open Banking in the U.S., or dare […]

Cross-border Payments Financial Inclusion Global Payments

Decoding a cross-border business payment to Rwanda: detailing the journey, the costs, and our observations

By Elizabeth McQuerry, Cici Northup, & Victor Malu   Introduction Glenbrook is based in the U.S., but we work on projects around the world; our global practice often supports clients in emerging markets. From time to time, for more formal proposal processes, we are asked to provide a corresponding bid security. For anyone not familiar […]

Financial Inclusion Identity Merchants Technology

Could Amazon’s Just Walk Out Technology Address the Scourge of ‘Shoplifting’?

I read with some sadness last week about Target’s decision to close nine of its stores in the New York, Portland (OR), San Francisco/Oakland, and Seattle markets due to what it called not “shoplifting”, but “theft and organized retail crime”. The closures will be abrupt (effective October 21) and the company cited both the financial […]