Companies

Visa Inc. and J.P. Morgan Payments Forge Strategic Collaboration to Revolutionize Faster Money Movement in the US through Visa Direct

Visa

“Visa Inc. and J.P. Morgan Payments announced a strategic collaboration that aims to enhance merchant experiences, empower cardholders, and drive innovation for J.P. Morgan Payments’ customers, with the introduction of faster domestic payments in the US, through the Visa Direct network.”

Tags: JPMorgan Chase Visa

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.

Merchants Orchestration Payment Operations Tokenization

Episode 237 - Is Orchestration the New Normal In Payment Operations? A conversation with John Lunn, Gr4vy

This episode with John Lunn, CEO and Founder of Gr4vy, shifts the conversation from “What is orchestration?” to “Why is orchestration so powerful?”

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

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Episode 236 - How to Make Money in Payments with Russ Jones, Glenbrook Partners

In this episode, Glenbrook's Russ Jones joins Yvette to talk through 8 simple ideas about how you make money in payments.

Global

RBI Gives Aggregator Payment License to Amazon Pay [India]

India Infoline

“Amazon Pay, the digital payments arm of ecommerce giant Amazon India, has been granted a payment aggregator (PA) licence by the Reserve Bank of India. It now joins Zomato, Google Pay, Zoho, and others in being eligible to provide online merchant payment services to its customers.”

Tags: India

Companies

For the First Time in 25 Years Merchants Have Identified Refund/Policy Abuse and First-Party Misuse as the Leading Threats, Surpassing Phishing in North America and Europe

Merchant Risk Council

“The Merchant Risk Council (MRC) today announced the release of their 2024 Global eCommerce Payments and Fraud Report in partnership with Visa Acceptance Solutions and Verifi.”

Tags: Merchant Risk Council Verifi Visa

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

Gateways Partnerships Stakeholders

Episode 234 - Partnerships in the Payments Industry - Insights, Musings, and Hard-Won Wisdom with Steve Klebe

Steve Klebe returns to the podcast to talk about payments partnerships. The right payments partnerships can make the industry better, bring novel and differentiated offerings to the market, and make the payment transaction easier, more secure, and more valuable to consumers and businesses.

Companies

JPMorgan Joins France’s Payments Network CB to Skirt Visa, Mastercard

Yahoo Finance

“JPMorgan Chase & Co said it had joined France’s leading payments network Cartes Bancaires (CB), becoming the first U.S. bank to do so as it seeks to offer cheaper card payment costs to its clients in the country…JPMorgan’s merchant customers, which include some of the largest U.S. firms, will be able to process their payment […]

Tags: JPMorgan Chase

Companies Global

Amazon Pay Secures Payment Aggregator Licence From RBI

The Economic Times

“A payment aggregator licence by the RBI will enable Amazon to increase its merchant payments business, a major opportunity for the ecommerce giant given its large online shopping business in India.”

Tags: Amazon

Glenbrook Payments Education Merchant Risk Council Merchants Payments Fraud Risk

Episode 232 - Talking Payments and Fraud with Julie Fergerson, Merchant Risk Council

In this episode, Glenbrook Partners Yvette Bohanan, Russ Jones, and Chris Uriarte sat down with Julie Fergerson - a long-time payments professional who co-founded the Merchant Risk Council in 2000 and returned a few years ago to take on the role of CEO for what is now an industry-leading, global non-profit. We talk with Julie about how the payments industry has changed over the last two decades, with both the professionalization of payments and of fraud, and why she is now spearheading a certification program for the industry.

Companies

ACI Worldwide and RYVYL EU Power Merchant Payments in Central Eastern Europe

Business Wire

“ACI Worldwide announced a collaboration with RYVYL EU, a leading payments service provider (PSP) and acquirer in Central Eastern Europe (CEE), to help merchants across the region increase revenues through higher transaction conversion rates.”

Tags: ACI Worldwide

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 […]