As a Payment News reader, you’re always informed on all things payments. Now, we need you to tell us. Share your opinions on faster payments in the U.S. through our third annual U.S. Faster Payments Barometer survey. Just 5 minutes of your time will help shape industry dialogue and advance faster payments in the U.S.

As a Payment News reader, you’re always informed on all things payments. Now, we need you to tell us. Share your opinions on faster payments in the U.S. through our third annual U.S. Faster Payments Barometer survey. Just 5 minutes of your time will help shape industry dialogue and advance faster payments in the U.S.

Looking to get into the payments industry? Want to expand your skills? Do work with impact and integrity?

We’re the leading payments strategy consulting firm. Our Payments Education program is the best around. And our people are awesome.

We are looking for Engagement Managers and Associates to join Glenbrook. Check out our open positions and get in touch. 

“Glenbrook is pleased to announce Yvette Bohanan has been named a Partner of the firm, effective immediately.  With more than two decades of industry expertise, Yvette Bohanan has held executive and leadership roles in software engineering, financial operations, treasury management, corporate strategy, and risk management for Fortune 500 stalwarts including Amazon, Google, Bank of America Merrill Lynch, and eBay; as well as for Yapstone and Vesta Corporation. Earlier in her career, Yvette co-founded and served as Chief Technology Officer of PaylinX Corporation, and later became VP, Engineering, following acquisition by CyberSource.”

“As financial inclusion efforts continue to scale across the globe, there has been a steady increase in women’s ownership of financial services accounts. However, the total growth can obscure the persistent gender gap in many regions. Despite that, digital financial services (DFS) promise to be an effective tool to help close the gender gap.”

“Central banks around the world are in the process of developing digital cash, commonly known as central bank digital currency, or CBDC. At Glenbrook, we’re kicking off a series of Payments Views posts that explain CBDC and its implications for various aspects of the payments value chain.  In this post, we start with a couple of basic concepts: what is digital cash, what is CBDC, and why is 2021 a pivotal moment for CBDC?”

If you are responsible for payment products and services in any way and you’re looking to differentiate your services, join Glenbrook’s Russ Jones and Yvette Bohanan on this deep dive examination of how faster payments is fundamentally altering payments industry dynamics. Go here for the workshop detail, schedule, and registration.

Payments News is going to take a break for the holidays, too. If Big News takes place, we’ll let you know. Otherwise, see you January 4, 2021. Again, here’s to a great New Year for you and yours.

“A core component of Glenbrook’s methodology for assessing a merchant’s payments operations includes review of certain processes managed by the business’s accounting team, particularly the level of effort required to reconcile payment activity.  The business’s accounting team is responsible for a variety of fundamental financial activities, including record keeping and reporting, accounts payable and receivable, payroll, and financial audits and controls.”

“More than 100 countries have launched emergency cash disbursement programs to alleviate financial hardships for individuals and households in light of the COVID-19 pandemic. Many of these programs are based in digital payments; however, a lack of official identification, mobile data services and the difficulties in face-to-face interactions restrict potential users from a standard customer due diligence process. Guidance from the Financial Action Task Force (FATF), the global anti-money laundering standards-setting body, encourage the use of innovative solutions for customer onboarding, specifically the risk-based approach and simplified due diligence (SDD).”

“In this episode, George speaks with Rafael Lourenco, EVP and Partner of fraud management provider ClearSale . Rafael returns to Payments on Fire® to address COVID’s impact including new online threats and the consumer behavior changes that challenge the customer checkout experience and fraud detection.”

“Despite decades of payment industry efforts, businesses have remained stubbornly dependent on checks. Back office processes (and personnel) can be remarkably change resistant despite being mired in paper, regardless of the size of the business.  At Glenbrook we believe the Covid-19 pandemic is a watershed moment for B2B payments.”

“This post in our series on merchant payments operations examines the choices that merchants must consider when designing their payments processing architecture, and identifies some best practices that best-in-class merchants incorporate into their architecture and operations.”

“We have seen relatively immediate and significant effects in payments within the P2P domain, particularly during the economic shutdown, but it will likely persist beyond it. We expect that the convenience and safety of electronic P2P transfers will guide many users toward a permanent behavior change. Further, cost barriers are falling away: the cost of these transactions is generally free for domestic transfers, and declining for cross-border remittances as more competitors enter and penetrate the market.”

Join us for a dive into the new world of digital payments!

Explore the implications for the various stakeholders in the payments ecosystem, we discuss long-term opportunities for next generation players. Come find out who stands to gain and who stands to lose as the payments industry goes digital.

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As you’ll hear Russ say, we’re excited by the capabilities of today’s teleconferencing capabilities, how we can use them to inject a high level of interactivity into each session, and the challenge of bringing the Glenbrook Payments Boot Camp® magic to the digital medium. Join us April 7-9 for the Glenbrook Payments Boot Camp® digital edition . No travel required!

All of us at Glenbrook wish you the very best of experience and outcome as each and all of us navigates the corona virus threat. Be calm, carry on, and keep your social distance.

“At the meeting, Danbatta said the inaccessibility of 35 million Nigerians to telecommunications services has resulted in a lack of access to digital financial services, a condition that undermines financial inclusion. The EVC while advocating for the cooperation of telecoms and banking industry identified the cause of the problem from the inadequacy of both wireless and fiber connectivity infrastructure.”

“If you thought bitcoin was dead as a payments system, take a listen to George and Jimmy Nguyen, founding president of the Bitcoin Association , as they discuss Bitcoin SV, a new version of bitcoin that is a significant upgrade to the performance and capabilities of the original bitcoin protocol put into the world a decade ago.”