As the summer holiday period close, I find myself in a back to school mode even though I haven’t been enrolled for nearly twenty years. Europe is especially on my mind as we prepare for the Glenbrook Payments in Europe workshop next month. What are the big payments...
We often get interesting questions about payments, and the latest one stumped us: "How many credit and debit fraudulent uses are first detected by the bank? By the customer?" We don't know the answer to that one or of any good source for this data so we...
As globalization increases, businesses of all sizes buy goods and services from overseas suppliers and turn to new customers in overseas markets to drive growth. As a result, the demand for cross-border transactions steadily increases. The vast majority of these...
Recently I shared my views about the developments underway in the mobile and payments space in Latin America. In that story, I address how individual countries are taking big strides toward reshaping their national payments landscape. Another remarkable, and...
What’s the difference between card acceptance and a deposit? In both cases, money is being delivered into a merchant’s bank account – in fact, a purist would point out that a deposit actually is the last stage of card acceptance for a merchant. But consider instead...
I had the opportunity to attend the launch event of Green Dot’s new GoBank yesterday (1/15/13) in San Francisco and came away quite intrigued. Sure, there are a plethora of financial services targeting the unbanked and underbanked, but what I found most interesting...
It’s hard to believe that the end of 2012 is in sight – and it’s almost equally hard to believe that three years ago, a few of us at Glenbrook were thinking, “gee – all the exciting stuff in payments has already happened”. Yet we don’t think we’ve ever seen so much...
Talking to banks and the biggest bank technology vendors at NACHA’s annual payments conference last week I couldn’t help thinking how they suffer from similar challenges. Big banks are hampered by their complex technology environment of legacy solutions with layers...
Glenbrook recently conducted two surveys to develop a detailed understanding of the ideal cross-border payments solution from the perspectives of both payments professionals and payments initiators. We are publishing the results today to coincide with Sibos, the...
Former Sen. Chris Dodd, ex-Chair of Senate Banking Committee, probably needs no introduction to anyone in payments. In his keynote address to the annual meeting of the ETA this morning, he commented on the Durbin Amendment: Excluded interchange from original bill...
