Secure Vault Payments – A Bank-Centric Alternative Payment System

Russ Jones

August 15, 2008

Glenbrook’s Russ Jones recently met with Ken Myles of NACHA to get an update on NACHA’s Secure Vault Payments initiative. Read on for Russ’ insights and reactions to what he learned.

Russ is the partner in charge of Glenbrook’s Payments Boot Camp® program and the co-author of “Payments Systems in the U.S. – Third Edition” (fourth edition planned for release in 2026). He is an industry pioneer in the commercial use of Internet technologies, bringing over 35 years of experience in payments industry analysis, strategy development, and product conceptualization to Glenbrook.

Russ currently works with Glenbrook clients in all aspects of payments education and strategy development, including global acceptance, digital payments, risk management, and payments technology. Before joining Glenbrook, Russ was a general partner with The NuVantage Group, where his clients included CommerceNet and the Financial Services Technology Consortium. Russ has also served as director of emerging technologies for Digital Equipment’s corporate research group in Palo Alto.

Payments News

Stay on top of the rapidly evolving payments world with Glenbrook’s free curated news feed, delivered daily to your inbox.

Payments Views

Read our commentary and opinion blog written by members of the Glenbrook team on payments industry topics, large and small.

Glenbrook’s live and on-demand workshops help you understand and apply the innovations shaping the payments industry. Register today or schedule a custom workshop for your team.

Launch, improve & grow your payments business