The Glenbrook partners reflect on key trends and challenges in the payments industry that shaped 2024 – from generative AI, open banking, the evolving regulatory landscape, and the rise of fast payment systems worldwide. And you can’t get the Glenbrook team in a “room” without discussing ongoing fraud implications, orchestration in merchant payments, and the progress of tokenization. Tune in to hear insights from our industry experts on these themes and more as we wrap up the year and look towards 2025.
Pix Adds NFC Scanning, Device Biometrics to Brazilian Digital Payments Platform
"Brazil’s pioneering instant payment system, Pix, is taking a step forward with the introduction of Pix by Approximation, a feature enabling contactless payments verified by biometrics. The system, set to roll out by February 28, 2025 and was developed in conjunction...
The Future of Payments Experiences for Sports Fans
"The sports world is chasing ever more spectacular live experiences. Are payments emerging as the MVP? A new generation of stadiums are being built around the world, and they are centering on the fan experience, offering first-class amenities, retail options and...
The Clearing House Raises Its Real Time Payments Cap to $10 Million—a 10X Increase
"The Real Time Payments network operated by The Clearing House Payments Co. said early Wednesday it will raise its transaction limit to $10 million, a tenfold jump from the current $1-million cap. The new limit will take effect Feb. 9, following a 60-day notice period...
Mastercard Reaches ‘Agreement in Principle’ to Settle Mass UK Fees Case
"Mastercard has reached an agreement in principle to settle a collective London lawsuit brought on behalf of British consumers over card fees. The global payments processor was facing a lawsuit brought by consumer champion Walter Merricks on behalf of approximately 46...
Nationwide Incorporates Experian’s New Digital Income Verification Service
"The UK’s largest building society Nationwide has become the first major lender to incorporate Experian’s income and employment verification service ‘Work Report’ into the mortgage application process to speed up checks."
Intuit and Adyen Collaborate to Help Small and Mid-Market Businesses Get Paid Faster
"Intuit announced a collaboration with Adyen to help small and mid-market businesses (SMBs) more easily manage electronic payments. The two companies will initially integrate Adyen's embedded payment services into Intuit’s business platform through QuickBooks Online...
Payments Innovation Alliance Releases New Report Demystifying Cryptocurrency and Digital Payments
"Nacha’s Payments Innovation Alliance has published Diving into the Fundamentals of Cryptocurrency as a Form of Digital Payment. This resource outlines definitions, process flows and the role of participants in cryptocurrency."
Announcing 2025 Federal Reserve Financial Services Fees and Payment System Enhancements
"Federal Reserve Financial Services’ (FRFS) plan for 2025 reflects our continued strategic focus of providing secure, best-in-class payment services that are the bedrock of our nation’s economy, benefiting businesses and individuals alike. FRFS customers can expect...
Ant Group Further Taps Payment Biz With Tap!
"Alipay has expanded the nation's payment services market, with its new product — Alipay Tap! — recently becoming available in Guangzhou, Guangdong province. With the service, which was introduced by Ant Group's payment arm in July, users can make payments simply by...