I’ve nearly recovered from the payments overload that was Money2020 last week in Las Vegas – it was initially exhilarating, then incredibly exhausting, but I had a fantastic time. Here’s my admittedly subjective take based on having attended only two sessions (one of which I moderated) and stood in the back for only part of […]
Micropayments is a problem that has never been solved in the payments industry. While there are various merchant-specific solutions for selling low-cost goods, the broader opportunity –– to pervasively enable micropayments –– continues to intrigue the payments industry. Why do micropayments endure as such a challenge in payments? The problem has been the same for […]
Because we live in a tweet-constrained world, the short answer is yes. But I think every player in the financial services industry needs a Bitcoin strategy — payments enablers especially. By strategy I mean that every company involved in payments should evaluate whether Bitcoin, and digital currencies (math-based, virtual, etc.) more broadly, are friend or […]
As I read about mobile payments, it always entertains me when relatively green journalists make references to using mobile phones rather than payment cards to make purchases. Typically, they are confusing the instrument (the phone, the plastic) and the system: after all, most mobile payments are made using card systems. I think there is an […]
Two related announcements out of Canada work to reduce currency in circulation. Last week the Canadian government announced the demise of the penny. The cost to produce a penny has surpassed its value. The coins in circulation will still be considered legal tender and hold their value, but the mint will cease production and in […]
Glenbrook’s Russ Jones is attending the PayPal X Platform developers conference in San Francisco. His post from Day 1 is here. The second day of payments conferences usually give me a chance to step back, reflect on what was announced on the first day, and catch up with some people to better understand how things […]
Written by Jacqueline Chilton based on a speeches and panel discussion at ATPS 2009 – Airline and Travel Payments Summit (Link to presentations) – Save the date for ATPS 2010 in San Francisco, Nov 30 – Dec 1, 2010 Localization is one of the key trends influencing the future of payments. At Glenbrook we believe […]
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 […]
At Glenbrook we believe that social eCommerce and virtual currencies are the new frontier of payments. Person-to-person transfers, charity donations, and micropayments for virtual goods (e.g. games, music, e-books, etc.) are exploding within social networks and as the 800-pound-gorilla in the social networking space, all eyes are on Facebook. Estimates vary, but $300-500 million in […]