Glenbrook in the Industry Specializing in payments consulting and education for 25 years, Glenbrook Partners approaches payments holistically and objectively, serving organizations across the payments ecosystem that are solving the toughest payments challenges....
Episode 268 – Rethinking Payment Optimization Through the Merchant of Record Model, with Rehman Baig, FlexFactor
In this episode, Rehman Baig, Chief Product Officer at FlexFactor joins Drew to talk about how FlexFactor is rethinking payments optimization through a Merchant of Record model. For most people in the industry, “Merchant of Record” is usually associated with global tax compliance and marketplaces, not optimization. But FlexFactor is using it to directly address failed payments and auth rate challenges in a way that merchants simply can’t do on their own.
Nacha Supports Executive Order to Eliminate Federal Check Payments, Citing Cost Savings and Fraud Reduction
"Nacha submitted formal comments in support of Executive Order 14247, 'Modernizing Payments To and From America’s Bank Account,' applauding the Treasury Department’s efforts to eliminate paper checks for federal disbursements and collections. The executive order,...
The Yuan’s Digital Leap: Betting on China’s Stablecoin Ambitions in a Dollar-Dominated World
"The global financial system is on the cusp of a seismic shift as China accelerates its push to tokenize the yuan through digital currency initiatives. With the U.S. dollar still dominating 80% of global payments, Beijing's efforts to internationalize the yuan via its...
Hokkoku, Soft Space to Unveil SoftPOS Supporting Stablecoin Payments [Japan]
"Hokkoku Financial, in collaboration with fintech firm Soft Space, has revealed plans to launch a SoftPOS solution. The solution enables merchants to process contactless card payments and regulated stablecoin transactions using mobile devices."
NAB Welcomes Confirmation of Payee [Australia]
"NAB has today welcomed the launch of the banking industry’s new Confirmation of Payee system to help tackle scams. Customers making payments with a BSB and account number in the NAB App and Internet Banking will benefit from the technology as it is rolled out at...
Ripple Applies for U.S. Banking License, Following Circle’s Lead
"Crypto firm Ripple Labs has applied to become a U.S. bank, joining stablecoin issuer Circle Internet Group in a push to bring digital asset operations under federal oversight, according to a media report published Wednesday. Ripple, the company behind the XRP token,...
Wise Files to Connect to Fed Payment Rails to Bypass Banking Intermediaries
"Wise has filed an application to be directly regulated by the US Office of the Comptroller of the Currency to create a national trust bank in the US, Bloomberg reported citing documents. If granted, the charter would allow Wise to connect directly to the payment...
Bank Groups Call for Swift, Secure Transition As Treasury Phases Out Paper Checks
"The Bank Policy Institute, The Clearing House Association and the Consumer Bankers Association submitted joint comments to the U.S. Department of the Treasury late yesterday urging prompt action to fully transition to secure, modern electronic payment methods and...
Senior Associate
Senior AssociateCompany DescriptionGlenbrook Partners is a strategy consulting and advisory firm specializing in the payments industry. We provide strategic analysis, research, and industry education to help drive value creation and growth for our clients. Serving...