Apple Card Acceptance Card Payments Card Technology Google Checkout Innovation Mobile Payments Mobile Technology Point of Sale (POS) Scott Loftesness

A Bubble in Mobile Payments?

I’m sure you’ve seen it – there’s been so much “buzz” in the press over the last few weeks about mobile payments. Yet, in our partners’ meeting at Glenbrook earlier this week, I told my colleagues that if I knew of a way to short “mobile payments”, I’d be all over it. Follow along as […]

Banking Banking Industry Card Issuers Card Networks Card Payments Debit Cards Federal Reserve Financial Regulators Interchange Regulatory Environment

Thinking Through Moves and Countermoves on the Durbin Chessboard

After months of speculation and hand-wringing, last Friday we finally got a relatively complete reading on how the Federal Reserve will likely implement the prescribed regulation of debit interchange and debit network competition. My partner, Carol Benson, has also shared a summary of how various payment domains and players might be affected in the near […]

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 […]

Bryan Derman Conferences & Meetings Finance Finovate Innovation Technology

FinovateFall 2010: Day 2 / Session 3

Glenbrook’s Bryan Derman is live blogging from FinovateFall 2010. This is one of several posts; you can find an index to his coverage here. Capital Access Network: They use a “daily remittance” model for SMB lending Their underwriting product can be used for a variety of loan products — revolving/term loans, credit cards, merchant cash advances […]

Bryan Derman Conferences & Meetings Finance Finovate Innovation Technology

FinovateFall 2010: Day 1 / Session 4

Glenbrook’s Bryan Derman is live blogging from FinovateFall 2010. This is one of several posts; you can find an index to his coverage here. Okay, gang — we’re in the homestretch (for day one).  Eight more presenters and then the bar is open. Standard Chartered: “Breeze” is their new approach to online and mobile banking […]

Bryan Derman Card Networks Conferences & Meetings Federal Reserve Mobile Banking & Payments

Tidbits and Sound Bites from the 2010 Chicago Fed Payments Conference

While I don’t manage to attend every year, the Federal Reserve Bank of Chicago’s annual payment conference remains one of my favorites. The Chicago Fed has a great payments team that works hard at putting together a timely program, but I like this event because it really is what it purports to be – a […]

Banking Industry Card Payments Conferences & Meetings Mobile Banking & Payments Web 2.0 in Financial Services

The Most Pressing Issues in e-Payments: An Open Forum at BAI

Glenbrook’s Erin McCune is in Orlando for BAI’s Payments Connect conference. John Stewart of Digital Transaction News moderated an open discussion exploring the most pressing issues in e-payments. It picked up on the list of 10 pressing themes raised in the November issue (pgs. 26-32). The panelists were: Aaron Fine, Oliver Wyman David C Stewart, […]

Banking Banking Industry Carol Coye Benson Prepaid

A New Model for Retail Banking?

Green Dot‘s IPO plans revealed that they are becoming a bank holding company. This is completely fascinating to me – and gives, I think, a peek at what may come for retail banking in the future. At Glenbrook we’ve been talking, thinking, and writing for some time about two related issues. One is the problems […]

Carol Coye Benson Credit Cards Mobile Banking & Payments P2P

NFC vs. Not-NFC, or “Why Put Card Data on the Phone?” A look at Mocapay

When it comes to mobile payments in the U.S. market, there’s a lot of talk and action around P2P and remote purchasing (bill to carrier models, etc.).  But the biggest potential is our huge POS (point of sale) market.  This market today is arguably the best-served payments market in the world, with extensive merchant terminalization […]

Banking Banking Industry Carol Coye Benson Financial Regulators

No News is Bad News?

A few weeks ago, Glenbrook issued a challenge to Payments Views readers: “What Are the Best Ways for Banks to Replace Lost Overdraft Fee Income?“ Given how significant the financial hit will be (JPMorgan Chase estimates a 2010 impact of $500 million after-tax), we thought we’d at least get some good ideas. Well, we got […]

Banking Banking Industry Carol Coye Benson Debit Cards Federal Reserve Regulatory Environment

Watch Out! Big Changes in Retail Bank Pricing Are Coming

The Fed’s announcement on Thursday of a new rule prohibiting overdraft fees on debit card and ATM transactions without consumer opt-in is an economic earthquake for retail banks. The Center for Responsible Lending has estimated that banks make $23.7 billion in overdraft fees annually; the New York Times said this morning that Fed officials had […]

Carol Coye Benson Mobile Banking & Payments

Blinging it Home? A Look at Bling Nation

One of the good things about having a really odd company name is that people do remember it.  We mostly heard skeptical laughs when Bling Nation first emerged from stealth.  But lately we’ve been getting more questions…. I spoke recently to co-CEO and founder Wences Casares. Wences and co-CEO Meyer Malka have an interesting background, […]

Bryan Derman Conferences & Meetings Innovation Technology

Finovate2009 - Morning Session 2

I am live blogging Finovate2009 from NYC. MORNING SESSION #2 Outright.com – Kevin Reeth, CEO Online tools for tracking small businesses and self-employed people for records like business expenses Imports and classifies expenses from credit card statements Integrates with FreshBooks (free, open source small business accounting software) Also integrating to PayPal API for those who […]

Carol Coye Benson Mobile Banking & Payments

The Phone is the Wallet: A Look at mFoundry

Last week, Starbucks announced a raft of new mobile capabilities, with iPhone apps to enable consumers to use their phone as their card in a variety of ways, including seeing a balance and reloading.  For the payments industry, however, the announced test of a usable-for-purchase prepaid card on the phone, using 2d bar code technology, […]

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Decoupled Mobile? A Look at mPayy

At Glenbrook, we’re fascinated by the topics of mobile payments (in general); the potential for new ACH applications; and the continued growth of eCommerce.  So it was great to talk to Conrad Sheehan, CEO of mobile payment startup mPayy – who has moved his company right into the center of all three topics. To start […]