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PAYMENTS ON FIRE RESOURCE CENTER

Smart thinking for smart payments professionals

Payments On Fire is the industry’s leading resource center for payments professionals. Here, you’ll find the resources and thought leadership that only Glenbrook’s experienced team can provide. Curated news stories, insightful opinion papers, provocative podcasts, and more – it’s all the thinking you need to stay competitive in a dynamic payments world.

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Payments News

Companies

Paypal’s Crypto Partner Mints a Whopping $300 Trillion Worth of Stablecoins in ‘Technical Error’

CNBC

“Paxos, the blockchain partner of PayPal mistakenly minted $300 trillion worth of the online payment giant’s stablecoin on Wednesday in what the company called a “technical error. Paxos mistakenly minted the stablecoins as part of an internal transfer, before it “immediately identified the error and burned the excess PYUSD,” the company said in a social media […]
Tags: Paxos PayPal
Companies

GenAI in Treasury: A Practitioner's Guide

Citi

“Corporate treasury teams are increasingly expressing interest in Generative AI (GenAI). There is eager fascination in GenAI’s potential to enhance productivity, automate decisions, and simplify processes. However, for those tasked to deploy, there lies a sobering reality: most treasury teams struggle to move beyond experimentation. Production-ready GenAI solutions remain scarce, with many pilot initiatives failing […]
Tags: Citi
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