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
Move Over, Armani: Italy’s It Wallet Is the Digital ID Accessory of the Season
"Bravo to Italy for the forthcoming launch of its digital wallet scheme, clearing the path for a national digital identity program. Reports say the so-called It Wallet will roll out in January 2025, aligned with the framework of the European digital identity wallet...
With JPMorgan, Mastercard on Board in Biometric ‘Breakthrough’ Year, You May Soon Start Paying With Your Face
"Biometric payment options are becoming more common in the U.S., such as Apple Face ID enabling app purchases, and Amazon’s introduction of pay-by-palm technology in stores, and financial firms from JPMorgan to Mastercard embracing the technology."
$73m Crypto Pig Butchering Scam: How Fraudsters Laundered Millions Through U.S. Banks
"U.S. authorities arrested two Chinese nationals in a $73 million cryptocurrency money laundering scheme, highlighting the growing threat of pig butchering scams"
IMF Outlines Trade Offs for Retail Cross Border CBDC Design
"Last week the International Monetary Fund published a note exploring design and policy considerations for the use of retail central bank digital currencies (retail CBDC) for cross border payments. To date there have been numerous cross broder CBDC trials, but most...
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