Glenbrook Payments Education Key Concepts

Episode 305 - Fanning the Flames: Glenbrook Answers your Payments Questions

We’ve had over 35,000 professionals complete a Glenbrook workshop, and we constantly hear from participants that they were surprised by how something in the industry works or a specific data point. How people think about payment systems is largely driven by how they use them as an individual consumer, and also influenced by where they sit in their career. One of the goals of our payments workshops is to add clarity to ambiguous industry terminology. We also allow ample time for interactive Q&A, and whether the workshop is in-person or virtual, we hear some questions over and over. In this episode, Debbie Bartoo surfaces some of our most frequently asked workshop questions and lets Russ Jones guide us through the answers.

Companies

Nearly 7 in 10 Americans Would Let AI Complete Certain Financial Tasks, TD Survey Finds

TD Bank

“Consumers are open to using artificial intelligence for more than financial information and guidance. A new TD Bank U.S. survey finds that 69% would allow a bank-provided AI assistant to complete at least one financial task on their behalf, highlighting consumers’ willingness to let AI play a more active role in everyday banking.”

Tags: TD Bank

Companies Global

Mollie Strengthens Pay by Bank to Power the Next Generation of European Payments

Mollie

“Mollie launched a renewed version of Pay by Bank, built on the technology of GoCardless, which Mollie acquired this year. Thanks to GoCardless’s open banking technology, Mollie connects directly to the banks Dutch consumers already use. Pay by Bank combines GoCardless’s pan-European open banking connectivity – direct connections to 2,500+ banks – with Mollie’s own […]

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Companies

Redefining ‘Banking Day’ in the Nacha Rules: Your Input is Needed

Nacha

“Regardless of how early or late your bank or credit union is open, and whether or not you’re open weekends, the term “Banking Day” is generally understood to mean Monday-Friday, excluding federal holidays. Now, Nacha is looking to formalize this in the Nacha Rules, which is why we’re issuing a Request for Comment (RFC) on […]

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Industry

Stablecoins are Now the Only Regulated U.S. Crypto Asset

StablecoinInsider

“Crypto’s legislative push ended last Tuesday. On September 15, the Senate voted on a motion to proceed to consider the Clarity Act but failed to reach the 60-vote threshold needed to open debate, and it’s unclear when the Senate will reconsider the vote or whether the bill will change first. Losing in Congress doesn’t mean […]

Card Networks ECommerce Investment Merchant Acquirers

Episode 302 - Catching Up on the Capital Markets, with Timothy Chiodo, UBS

About a year ago, we chatted with with Tim Chiodo of UBS and Chris Kim of Capital Group about the investment side of payments. It’s been a pretty volatile 12-months in the equity market since then - well-timed for Bryan Derman to welcome Tim back on the podcast and catch up on the market factors playing into the payments space.  Listen in as they recap the performance of payments stocks, dive into the e-commerce market, provide perspective on the card networks, discuss merchant acquiring growth opportunities, and finish up with a lightning round on emerging technology. 

Companies

Lumin Digital Advances Secure Open Banking Connectivity with MX

Lumin Digital

“Lumin Digital announced an open banking integration with MX Technologies, Inc., giving financial institutions on the Lumin platform a standards-based way to connect users with third-party financial applications. The integration enables financial institutions on Lumin’s platform to allow retail and business users to safely connect their bank accounts to supported third-party financial apps without sharing […]

Tags: Lumin Digital MX

Industry

Open Banking Has Proved Data Sharing Can Work – Now It Has to Prove It Can Create Value

Open Banking Expo

“The UK’s Open Banking ecosystem recently passed two significant milestones : more than one billion payments and 100 billion API calls across the CMA9 banks. Those figures matter. Open Banking is no longer an experiment operating at the edges of financial services. The infrastructure works at scale, adoption is growing and the market is moving […]

CBDC Digital Currency European Union

Episode 301 - Casting Light on the Digital Euro, with Nicola Branzoli, Banca d'Italia

In this episode, Nicola Branzoli, Head of Division for the Digital Euro Regulation, Research, and Technical Support at the Banca d'Italia, joins Glenbrook's Ashley Lannquist and Simon Skinner for an in-depth exploration of the digital euro. Listen in as they cover the objectives and value proposition, design choices and pilot details, and what the digital euro means in the broader European payment context. 

Companies

Personetics Partners with Plaid to Help Banks Win Account Primacy with Open Finance Intelligence

Personetics

“Personetics, the AI Cognitive Banking Platform, announced a partnership with Plaid, the data network powering the digital financial ecosystem. The integration gives banks and credit unions something they’ve rarely had before: a comprehensive view of a customer’s financial life, combining their own account data with transactions, liabilities, investments, and related financial activity from wherever a […]

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Industry

Education: Account 2 Account Payments

Opinium

“For more than a decade, Account-to-Account (A2A) payments have been portrayed as the next major evolution in payments. A2A payments are, at their simplest, the movement of money directly from one bank account to another. They encompass a range of payment mechanisms including traditional bank transfers, Faster Payments in the UK, SEPA Credit Transfers and […]

Companies

Matera Releases Open Source X9.150 Payment QR Code Implementation to Accelerate Industry Adoption

Yahoo Finance

“Matera, a leading provider of modern banking technology, today announced the release of an open source implementation of the ANSI X9.150 Merchant-Presented Payment QR Code Standard, making it easier than ever for financial institutions, fintechs and developers to begin working with the new interoperability standard.”

Tags: Matera

Companies

Flywire Expands Trustly Partnership to Deliver Open Banking Payments Across the U.S. and Canada

Flywire

“Flywire Corporation announced expanded support for open banking payments in the U.S. and Canada with Trustly, allowing payers to conveniently authorize secure, large domestic and cross-border payments directly from their bank accounts and in their local currency. When choosing to pay with Trustly Pay by Bank, payers simply use their existing online bank login credentials during […]

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Companies

Introducing Zilch Extra, Zilch Plus, Pay Monthly and Advance

Zilch

“Members earn more rewards on everyday purchases, unlock priority customer support access to Zilch Advance. Zilch Extra: turns an Open Banking connection into sharper offers, spending insights, and rewards.  Zilch Plus: pays members up to 6% back in rewards when using debit, and up to 1% when using credit. Zilch Advance: uses AI-enabled open banking […]

Tags: Zilch

Financial Regulators Regulatory Environment

Episode 299 - The Evolving Payments Regulatory Environment in the European Union, with Scott McInnes, Bird & Bird

In this Payments on Fire episode, Glenbrook’s Chris Uriarte and Samantha Gordon continue their global payments regulation series with Scott McInnes, Partner at Bird & Bird, focusing on the European Union. Tune in as they explore the EU’s highly regulated landscape, the challenges of inconsistent national enforcement across 27 member states, and developments on current regulatory topics.