B2B Payments Banking Industry Commercial Payments Conferences & Meetings ECommerce Erin McCune Financial Regulators Global Payments Globalization Innovation Mobile Banking & Payments SWIFT

Reflections on Sibos 2010

This week I’ve been in Amsterdam for Sibos – the annual international banking conference sponsored by SWIFT. (For those of you who aren’t familiar with SWIFT it is a consortium of worldwide banks that runs a global secure network connecting banks in over 200 countries. Interbank messages to support payments and brokerage trades all travel […]

Contactless Erin McCune Glenbrook Point of Sale (POS) Prepaid Technology

Payment Geek Meet Up at Menlo Park 7-Eleven

Yesterday Consult Hyperion’s Dave Birch paid a visit to Glenbrook World HQ here in Menlo Park. We talked payments, consulting, emerging markets, and blogging. But the highlight was our test of his UK issued contactless payment sticker at the 7-Eleven next to our office. It worked! You have to be a hardcore contactless geek to understand […]

Banking Banking Industry Card Payments Debit Cards Financial Regulators Interchange Regulatory Environment Uncategorized

The End of Interchange?

There, did I get your attention? … Tonight’s headlines say it even more clearly – see this Wall St. Journal story titled “Merchants Win Debit-Card Fee Battle“. Or, see this post on PaymentsNews.com about the Durbin compromise announced earlier today. Seriously, it seems to me that there’s a bit of a sleeper buried in all […]

Conferences & Meetings Erin McCune Global Payments Innovation Mobile Banking & Payments P2P

Mobile Financial Services for the Next Billion Customers: A Panel Discussion

Last Thursday evening I attended a superb mobile payment panel organized by mPayConnect and co-hosted by the Wharton and Harvard MBA alumni associations at the Wharton West campus in San Francisco. The evening’s topic was From Afghanistan to Silicon Valley: Mobile Financial Services for the Next Billion Customers. Menekse Gencer  of mPayConnect moderated and brought […]

Erin McCune Globalization Mobile Banking & Payments P2P

Western Union Building Out its Mobile and FI Strategy

Just before the 4th of July holiday my partner Bryan Derman and I had a wide-ranging conversation with Matt Dill, SVP and head of Western Union’s Digital Ventures. Western Union capitalizes on two key trends: an increasing number of people that live and work abroad (per the World Bank an estimated 200 million people) and […]

Guest Post Jim Salters Writings

Mobile P2P Payments Continue to Evolve in the US

by Jim Salters One of the “hot topics” in payments in the US market is the evolution of mobile payments – from “inevitable idea” to reality. Obopay and PayPal Mobile are both now over 2 years old – having been launched in the spring of 2006. TextPayMe, a mobile payment service that launched in late […]

Scott Loftesness Writings

Beware the Doves?

by Scott Loftesness Reflections on the PayPal/GE Consumer Finance Alliance On June 8th, 2004, PayPal quietly announced it was partnering with GE Capital Consumer Card Company to begin offering credit lines to customers that want extended payment terms for any PayPal purchase. PayPal’s business members started receiving direct mail pieces the following day offering new […]