Paying invoices and moving funds aross borders for small and medium business (SMB) is expensive and full of uncertainties. How much does the recipient actually get once the transaction is finished? (Hint: it’s not always what was sent.)  How long does it take a San Francisco firm to pay an invoice to a contractor in Berlin or Hyderabad? (Hint: it’s hard to know exactly when it gets there).

Since there’s no such thing as an international wire, entrepreneurs in the virtual currency space have been looking at how these new math-based “rails” can move money faster at lower cost across borders. In this Payments on Fire episode, Marwan Forzley, CEO of Align Commerce, talks with Glenbrook’s George Peabody about how his firm moves value for its SMB customers from the sender’s currency to the receiver’s over bitcoin rails.

Recent Payment Views

Payments Post #13: At the Intersection of Tech, Regs, and Business Partnership

Payments Post #13: At the Intersection of Tech, Regs, and Business Partnership

This month, Cici Northup joins regular contributor Justin Pituch to recap positive news in the form of fast payments growth, new fraud mitigation strategies, and evolution in cross-border transfers. All reflect, to varying degrees, the unique dynamic in the payments industry created by the intersection of technology, regulation, and new business partnerships.

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Visa Payments Forum Deep Dive: Visa Flexible Credential

Payments Orchestration: What Comes Next?

Orchestration providers have certainly come a long way, and can enable powerful capabilities and benefits for the merchants that employ them. This post explores some of the possibilities Glenbrook has been thinking about for where Orchestration (and even orchestration) can go next.

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Payments Post #13: At the Intersection of Tech, Regs, and Business Partnership

Payments Post #12: Lessons from Change

In this month’s Payments Post, we want to draw your attention to several recent fraud incidents that underscore the criticality of effective risk management to your business and the safety and soundness of the payments industry.

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