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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

Exception Resolution Service Now Includes FedNow® Service Transactions

Federal Reserve

“FedNow Service participants can now use the Exception Resolution Service to directly communicate with one another to ensure that exceptions — such as disputes, notifications, questions or requests for additional information — can be resolved swiftly and effectively for instant payments. Federal Reserve Financial Services expanded the Exception Resolution Service beyond ACH transactions in response to industry […]
Tags: Federal Reserve
Companies

MoneyGram Reinvents Cross-Border Finance with Next-Generation App

PR Newswire

“MoneyGram announced its next-generation mobile app, introducing a digital, USD-backed stored value account designed to work seamlessly with both traditional fiat currencies and stablecoins. Behind the scenes, the experience is powered by Stellar, the blockchain designed for fast, low-cost payments and real-world utility, and Crossmint, the leading wallet infrastructure and stablecoin payments platform.”
Tags: MoneyGram
Global

PhonePe, Paytm, Cred Shut Down Rent Payment Feature After RBI Curbs

MSN

“The Reserve Bank of India’s move to tighten regulations for payment aggregators has prompted some of India’s largest fintech firms, including PhonePe, Paytm and Cred, to stop rent payments on their platforms, according to a Moneycontrol report. The central bank’s new rules prohibit payment aggregators from acting as marketplaces—which previously allowed them to process rent payments.”
Tags: India
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