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June 23, 2023

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June 21, 2023

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Payments on Fire®: Episode 206 – What’s Hot, What’s Not, and What We’re Watching: Checking in at 2023’s Halfway Point with Glenbrook (Podcast)

Glenbrook Partners, LLC

"Some people know Glenbrook for our Payments Boot Camp™ workshops, some know us for our book – Payments Systems in the US – while others know us for this podcast. Interestingly, while we do all of those things, we are, in fact, a consulting firm. A consulting firm that believes educating industry professionals is a great way to make the industry stronger."

June 15, 2023

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Payments on Fire®: Episode 205 - Why Simple Questions Can Be Hard To Answer, with Klas Bäck, Founder and CEO of Pagos Solutions

Glenbrook Partners, LLC

"In payments, as it is in life, a simple question is often wrapped in complexity. The complexity of the payments acceptance landscape, with an increasing number of stakeholders and technology providers, changing regulations and rules, and Issuers implementing new authentication and authorization mechanisms – any one or a combination of these could lead to major and minor impacts to the operational and financial performance of a business."

June 7, 2023

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June 1, 2023

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Payments on Fire®: Episode 203 – What Big Data Revealed About BNPL Consumers with Kristin Carlson and Zach Tondre, LexisNexis Risk Solutions

Glenbrook Partners, LLC

"A 2022 report from the CFPB titled Buy Now, Pay Later: Market trends and consumer impacts noted that from 2019 to 2021, the dollar volume of BNPL originations through five lenders surveyed grew by 1,092 percent, from $2 billion to $24.2 billion. BNPL adoption continues, not just in the US but globally, making it one of the most watched payment methods in the world."

May 24, 2023

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Payments on Fire®: Episode 202 – Innovating at the Intersection of BNPL and Embedded Commerce with Bobby Tzekin, Founder and CEO of Wisetack

Glenbrook Partners, LLC

"In this episode, Yvette Bohanan and Debbie Bartoo are joined by Bobby Tzekin, Founder and CEO of Wisetack (and Glenbrook Payments Boot Camp alumnus) to examine how technology, consumer and small business demand, and banking are opening up a very large market in the BNPL space - one that has a lot of potential and a lot of nuance."

May 17, 2023

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Payments On Fire® Podcast: Episode 201 – Fintechs, Banks, and the Companies Joining Them Together – In Conversation with Tarun Gupta, Jump Capital, and Chris Uriarte, Glenbrook Partners

Glenbrook Partners, LLC

"In this episode, we are taking a closer look at the relationship underpinning much fintech innovation in payments – the fintech, bank, and BaaS trilogy. These 3-way partnerships have spurred innovation, increased access to financial services, and created offerings that appeal to a broad range of businesses and consumers. But in the context of these 3-way partnerships, new and existing risks abound, and relationships between counterparties are not well-established – making this a perfect haven for bad actors. Yvette Bohanan and Chris Uriarte are joined by Tarun Gupta of Jump Capital to explore the current state of payments risk management across these alliances, and discuss the opportunities to make this new landscape safe, strong, and sustainable."

May 4, 2023

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Payments Post #3: Glenbrook’s April Roundup

Glenbrook Partners, LLC

"Welcome back to Payments Post. Last month’s edition was all about banks; this month’s is about “paying by bank”. Or to be a bit more semantically precise, account-to-account (A2A) payments. We were particularly interested in Visa’s Visa+ initiative, iDEAL’s apparent pan-Euopean future, and Plaid’s upcoming payouts product. Regular contributor Justin Pituch digs in this week with colleague Andrew Liang, a Boston-based team member."

April 28, 2023

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Building International Payment Systems: A Conversation with Glenbrook’s Elizabeth McQuerry

Modern Treasury

"My colleague Lucas Rocha and I recently logged into a zoom call to interview one of the eminent experts on international payments, Elizabeth McQuerry. Dr. McQuerry, now a Partner at Glenbrook leading Global Payments Practice, has over 20 years of experience developing and supporting products for cross-border transactions. Prior to Glenbrook, she was the CEO of the International Payments Framework Association (IPFA) and served as the head of FedGlobal ACH for the Federal Reserve Retail Payments Office. During her time at the Fed, she worked with Global ACH (also known as cross-border ACH), a SWIFT alternative we launched support for this spring."

April 18, 2023

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Ready for U.S. Faster Payments 2.0?

Glenbrook Partners, LLC

"Today’s U.S. faster payments market is not the one we envisioned. In market for five-plus years now, RTP® and Zelle® laid the foundation of faster payments in the country but, as with most new payment systems, challenges inhibit adoption. Volumes in both networks have grown but are not at the levels expected for a country with our population size, bank account ownership and economic activity."

April 17, 2023

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U.S. Faster Payments Council Shares Results from 2023 Faster Payments Barometer

U.S. Faster Payments Council

"The U.S. Faster Payments Council (FPC), in collaboration with Glenbrook Partners and sponsored by Volante Technologies, today released results from the 2023 Faster Payments Barometer . The latest survey of payments system stakeholders was conducted to gauge progress and perceptions around faster payments, trends, use cases, and challenges in the United States."

The Real-Time Payments Network Is Here to Stay

Modern Treasury

"Financial expert Cici Northup has spent the past decade designing and implementing real-time payment systems in emerging markets in countries across Africa and Asia. “It’s a broad term, ‘real-time payments,’” Northup recently told Modern Treasury. “But it showcases the general swing we’re seeing in payments where funds are made available to end users immediately, on a 24/7/365 basis at low cost, supported by a variety of institutions and channels.”"

April 10, 2023

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PaymentsPost #2: Glenbrook’s March Roundup

Glenbrook Partners, LLC

"Surprise! We spent a lot of the past month thinking about banks. March confronted us with stumbling blocks for fintechs and their sponsor banks, a bank-led battle for the checkout page, and a clearer view of the path forward for U.S. fast payments. Let’s dive into it in this second edition of Payments Post, our monthly round up of the headlines that got the Glenbrook team talking."

March 1, 2023

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PaymentsPost #1 | Glenbrook’s February Roundup

Glenbrook Partners, LLC

"There are a lot of headlines in the payments world. PaymentsNews is Glenbrook’s curated news feed of the headlines that matter most every day, but we’ll readily acknowledge that it can be a lot to digest. That’s why we’re introducing PaymentsPost, a month-end roundup of the news items that got us talking as a team along with some commentary about why we think they’re particularly important to the direction of the industry."

October 13, 2022

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The Real-Time Payments Trends TCH’s Product and Strategy Head is Watching

Insider Intelligence

“Faster and real-time payments are having a moment. Faster payments adoption among organizations grew 10% year over year (YoY) in 2021, per data from the US Faster Payments Council and Glenbrook Partners. And that’s accelerated this year as payment systems like The Clearing House’s Real-Time Payment (RTP) network innovate and the Federal Reserve’s FedNow launch nears. Companies like FIS have also rolled out solutions that let businesses and consumers transfer money quickly and seamlessly. Real-time payment innovations will help set a new standard for the US transaction system and speed up the transition away from cash. Below are highlights from Insider Intelligence’s conversation with James Colassano, senior vice president of product development and strategy at The Clearing House (TCH).”

October 5, 2022

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Glenbrook Partners Expands to Meet Demand for Payments Strategy and Risk Management Services

PR Newswire

“Glenbrook Partners, a leading strategy consulting firm focused exclusively on the payments industry, is pleased to announce Chris Uriarte and Samantha Gordon have joined to expand the Payments Strategy and Risk Management practices…Clients as well as alumni of Glenbrook’s Payments Boot Camp® may recall meeting Chris when he was an engagement manager with Glenbrook. He has since held positions as Chief Information Officer and SVP of Data Sciences and Technology at Acima Corporation and Chief Information Officer and Global Practice Leader of Aon Cyber Solutions Group. He previously held C-level roles at American Express, Retails Decisions (ACI Worldwide), and Vesta Corporation.”

September 16, 2022

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The Payments Playbook for Challenging Churn

Payments Views

“If you read Apple’s Q3 earnings report, you may have noticed that the company’s Services business has grown to $19 billion in quarterly revenue. That’s a staggering number, and it represents a complex recurring billing operation. With 860 million paid subscriptions, Apple’s payments team has to manage changing consumer payment credentials, monitor gateway performance, and research shifting consumer payment preferences. These activities all serve to lower one crucial number for recurring billers: Involuntary Churn. As recurring revenue becomes more and more important to growing businesses, payments teams should make sure they’re aware of the leading tactics to manage this number. So what is Involuntary Churn?”

June 2, 2022

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May 31, 2022

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May 2, 2022

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Glenbrook Partners Expands Expertise on Global and Faster Payments

“Glenbrook Partners, a leading strategy consulting firm focused exclusively on the payments industry, has announced the expansion of its Global and Fast Payments Practices with the promotion of Cici Northup to Associate Partner and the addition of Joanna Wisniecka to the team. “We have assisted governments, financial institutions, and non-profit organizations around the world in the work to modernize their payments infrastructure”, said Elizabeth McQuerry, a partner at Glenbrook. “This is an exciting moment in the payments industry. Enhancing our team allows us to take this expertise to new markets and to companies eager to advantage themselves in implementing lower cost payment systems with higher availability and faster funds access.”

April 27, 2022

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CBDCs or Stablecoins? There’s Space for Both

Payments Views

“Digital currencies are on the rise. Private sector stablecoins are being adopted at a fast pace, with a market capitalization now exceeding $181 billion. At the same time, central banks are accelerating their research into Central Bank Digital Currencies (CBDCs) with a few conducting pilots to test nascent distributed ledger technology (DLT) before potentially launching a CBDC to the general public.”

April 19, 2022

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Ubiquity, Same Day ACH and Other Fast Payments

Payments Views

“It’s truly remarkable how this decades-old, ANSI based, batch based payment method is slowly but surely finding renewed vigor in today’s world of “fast payments.”  Clients at Glenbrook continue to inquire about how ACH can be leveraged for their needs and a key reason is that it’s a ubiquitous payment network where every financial institution is connected (okay, and it is also often a lower cost option). Same Day ACH is a perfect example of why ubiquity matters. It took 15 years for the original idea of same day ACH to become a reality and it may have taken another six for it to mature as a product but … it is now benefiting from the established ubiquity of the ACH network. Just look at the white hot increase of nearly 75% in transaction volume for Same Day ACH transfers in 2021. That amounted to just over 600 million transactions added to the overall ACH network transaction volume around 29 billion.”

April 1, 2022

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Will It Still Be the Payments Industry Without Allen Weinberg?

Payments Views

“First things first – no, this is not one of those April Fool’s gags. It’s a bittersweet day at Glenbrook as we bid farewell to the last of our founders. Following the retirements of co-founders Scott Loftesness and Carol Coye Benson in the last few years, Allen Weinberg is officially leaving Glenbrook today for a well-earned retreat into travel, relaxation, family, and the occasional hand of poker.”

March 31, 2022

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Will It Still Be the Payments Industry Without Allen Weinberg?

Payments Views

“It’s a bittersweet day at Glenbrook as we bid farewell to the last of our founders. Following the retirements of co-founders Scott Loftesness and Carol Coye Benson in the last few years, Allen Weinberg is officially leaving Glenbrook for a well-earned retreat into travel, relaxation, family, and the occasional hand of poker.”

March 4, 2022

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One Loop for All: Payment Scheme Governance – Issues to Consider – Mojaloop

Mojaloop

“Last year I had the opportunity to participate in a Mojaloop-led panel session on scheme governance. While Mojaloop is largely a technology focused community, we wanted to use the panel to speak about scheme governance, because technology doesn’t exist in a vacuum: it needs strong business connections to root it in application and usage. In this blog post, I’ll cover the main points from the session, including an introduction to scheme governance, three common governance models, their alignment to financial inclusion objectives, and the implications for Mojaloop.”

February 3, 2022

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U.S. Faster Payments Council Shares Results From 3rd Annual Faster Payments Barometer

“The U.S. Faster Payments Council (FPC), in partnership with Glenbrook Partners , today released results from the 3rd annual Faster Payments Barometer . The FPC conducted the latest survey of payments system stakeholders to gauge progress and perceptions around faster payments, trends, use cases, and challenges in the United States.The 2021 Faster Payments Barometer was broadly circulated to the industry at large and received responses from a wide range of payments stakeholder segments including financial institutions, core processors, payment network operators, business end users, acquirers, fintechs, and more. The survey was conducted last Fall.”

December 22, 2021

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All the very best to you and yours!

Payments News is taking a break until the New Year. In the meantime, we wish you the very best for a healthy and happy holiday season. And we look forward to joining you in the New Year for what will, no doubt, be another astounding year for our payments industry.

December 20, 2021

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Join FPC Executive Director Reed Luhtanen as he goes Off the Rails with Elizabeth McQuerry and Sam Levitt of Glenbrook Partners

Faster Payments Council

“Join FPC Executive Director Reed Luhtanen as he goes Off the Rails with Elizabeth McQuerry and Sam Levitt of Glenbrook Partners. Reed, Sam, and Elizabeth dig into various aspects of the FPC’s Faster Payments Barometer, look to the future of faster payments, and talk about crafting Christmas gifts as a way to feed the soul. Also, don’t forget to head to fasterpaymentscouncil.org to register for the FPC’s Spring Member Meeting in New Orleans. It will be the industry event that everyone is talking about.”

December 13, 2021

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We are Hiring!

Join us to accelerate the positive impact of electronic payments. Work with out clients to build the future of payments.

We have Associate and Senior Associate positions open now.

Our featured position is Education Engagement Manager. Bring your thought leadership, critical thinking, project management, and team leadership skills together with our team. Help us ensure our top-quality education program is the best in the payments industry.

 

October 19, 2021

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