PAYMENTS VIEWS
Glenbrook’s commentary and opinion blog: written by members of the Glenbrook team. We share our “rants and raves” on industry topics, large and small.
*Please note – We do not accept third-party articles or blog posts on our website. PaymentsNews is a curated news feed and PaymentsViews is Glenbrook’s own blog.
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From Open Banking to Open Finance: Redefining the Financial Services Landscape
The Consumer Financial Protection Bureau (CFPB) just released proposed rules for Open Banking in the U.S. which offer a framework for understanding Open Banking roles, role-based requirements and rights, and timelines for implementation, among...
Decoding a cross-border business payment to Rwanda: detailing the journey, the costs, and our observations
By Elizabeth McQuerry, Cici Northup, & Victor Malu Introduction Glenbrook is based in the U.S., but we work on projects around the world; our global practice often supports clients in emerging markets. From time to time, for more...
Could Amazon’s Just Walk Out Technology Address the Scourge of ‘Shoplifting’?
I read with some sadness last week about Target’s decision to close nine of its stores in the New York, Portland (OR), San Francisco/Oakland, and Seattle markets due to what it called not “shoplifting”, but “theft and organized retail crime”....
Payments Post #7: Glenbrook’s September Roundup – Sibos, India, and a Connected Future
This month, Payments Post is going global. We’ll jump to Canada as we explore themes from Sibos and then to India to take a look at a leader in next-generation national payment schemes. We’re joined by Cici Northup, Associate Partner in our...
Involuntary Churn: Measured and Managed
In our previous post on involuntary churn, The Payments Playbook for Challenging Churn, we explored the challenges faced by business in managing recurring billing operations. The post explored various tactics to manage and reduce involuntary...
Buy Now, Pay Later: Where Have the Months Gone?
At the beginning of the year, I hypothesized that four issues needed to be addressed for sustained Buy Now, Pay Later success. What happened this year? To what extent did we mature our BNPL market? Let's take a look at 2023 progress: Issue 1:...
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Recent News
Finastra Boosts Its Payments Processing Strategy With Fed Certification for ISO 20022
"Finastra, a global provider of financial software applications and marketplaces, today announced it has completed testing and certification through the Federal Reserve for ISO 20022, becoming one of the first vendors in the industry to complete the process for...
Generative AI: Preparing Your Fraud Organization
"In 2023, there were over three thousand publicly reported data compromises that impacted over 350 million individuals in the U.S. Fraud fighters must continually adapt to evolving technology. The rise of generative AI is one of the most important technological...
Temenos Launches the First Responsible Generative AI Solutions for Core Banking
"Temenos launched its groundbreaking Responsible Generative AI solutions as part of its AI infused banking platform. With Temenos Generative AI, users can engage in natural language queries to generate unique insights and reports, significantly reducing the time it...
Chinese Workers Paid in CBDC Are Cashing It Out for Real Money
"Some participants of China’s CBDC pilot program are reportedly hesitant to hold onto the digital yuan, citing a range of concerns with using the state-backed digital currency."
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