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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

Industry

Stablecoin Boom Forces Basel Committee to Rethink Punishing Bank Rules

Crypto News

“The explosive rise of stablecoins has triggered pressure from U.S. banks and regulators on the Basel Committee to reconsider its stringent capital requirements for crypto assets. Despite being marketed as lower-risk digital currencies, stablecoins remain subject to the same harsh regulatory treatment as volatile cryptocurrencies under current Basel rules. The existing regulations mandate that banks […]
Global

Peru To Roll Out UPI-Like Payment System By Next Year

MSN

“Peru will implement by next year the UPI-like real-time digital payments system, according to Peruvian Ambassador Javier Manuel Paulinich Velarde. NPCI International Payments Limited (NIPL) and the Central Reserve Bank of Peru (BCRP) had first announced a landmark partnership to introduce the real-time payments system in Peru in 2024. Once implemented, it will make Peru […]
Tags: Peru
Companies

Cash App Score Pilot Launches Utilizing Near Real-time Data

Block

“Cash App, a part of Block, Inc., announced a pilot program that gives select customers visibility into their Cash App Score, a near real-time measure of a Cash App customer’s financial health. The experience shows customers the score that informs their access to Cash App Borrow and empowers them to better understand how their everyday […]
Tags: Block
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