You’d have to be aggressively disinterested in the payments industry not to be aware of its attraction to investors. The COVID-19 pandemic has done nothing to dampen the interest, if not outright enthusiasm, for the payments industry among investors of all stripes.
Actually, the pandemic has lit a fire under key industry segments like the e-commerce domain, digital banking, and disbursements.
This Payments on Fire® podcast is a joint production of Citibank and Glenbrook. Tony McLaughlin of Citibank interviewed our partner Erin McCune about the U.S. payments market and business transactions in particular.
NACHA’s Phixius is a new service for the exchange of the information about a payment between the sender and receiver. Take a listen to Payments on Fire® host George Peabody as he discusses Phixius with NACHA Advisor Peter Tapling. He helps us understand Phixius, how it works and where it applies. It’s a compelling idea.
In this Payments on Fire® George and Scott Giordano, VP and Sr. Counsel, Privacy and Compliance at data privacy management firm Spirion, talk about what can and has gone wrong, the high cost of sanctions for failure, and how to reduce the risks attendant with the handling of personal data.
In this episode, George speaks with Rafael Lourenco, EVP and Partner of fraud management provider ClearSale. Rafael returns to Payments on Fire® to address COVID’s impact including new online threats and the consumer behavior changes that challenge the customer checkout experience and fraud detection.
Take a listen to Rapyd‘s Eric Rosenthal and Glenbrook‘s George Peabody as they discuss Rapyd’s swift global expansion, its ability to quickly build new capabilities, and the firm’s cloud-based tech stack. It uses its “white label PayPal” model to payment-enable a wide range of companies and use cases.
The transition away from paper to an all digital payments world has been underway for decades. But in the last few years the pace has accelerated. Global tech availability and focused development talent is letting software eat the payments world. Other enablers include business models such as payments facilitation and the focus on commerce, not just payments, for merchants.
Take a listen to Craig McDonald, Chief Business Officer of Trustly and George as they discuss how Trustly makes its proposition possible. While Trustly is ramping up its U.S. presence, it does have timing on its side. In this pandemic-constrained age, merchants will be looking for lower cost payments and certainty. Trustly appears to have attributes to meet those concerns.
This illuminating Payments on Fire® episode takes a deep look at a very new Brazilian payments platform called Conta Zap (Zap Account in English) and how a group of community minded people came together with Conta Zap to provide basic income to economically displaced Brazilians during the COVID-19 outbreak.
There’s no clearer indicator of COVID-19’s economic impact than payment metrics. In this Payments on Fire® episode, we speak with Bryan Derman, Glenbrook’s managing partner, and Glynn Frechette, SVP of PSCU’s Advisors Plus division, in a discussion of PSCU’s payment trends analysis. Glynn provides an exceptionally detailed view into the pain, and some real gains, that the pandemic has brought to U.S. payments activity.
