As we move into 2014 – yet (again) the year when many say mobile payments are destined to gain traction – let’s look at some key developments in the space. No, I’m not talking about the newest pilot participant in ISIS or whether Apple will be the new sheriff in town....
Back in late May, I shared the news and some observations about new payments legislation in Brazil. Last week, less than four months later, that legislation has now become law. The major tenets of the legislation remain intact and Brazil is now firmly in the small...
I’m just back from a trip to Brazil and while I was there, the government introduced long-awaited legislation on mobile payments. This is an important task as Brazil now has 265 million mobile subscribers – more than 1 per inhabitant. Needless to say, the...
Are you a payments geek? You might be interested to hear what your peers think about immediate funds transfer (IFT). The recent 2013 NACHA Payments Conference was full of interesting conversations and panels and the hottest topic was (IFT). I counted no fewer than...
A new wave of payment capabilities is hitting shores around the world. This wave is made up of better, faster, and cheaper “credit-push” systems. That means that transactions enter the payments systems from the sender’s bank (like a wire transfer) rather than from...
Certainly one of the most daunting aspects of cross-border payments is the complexity inherent in the fact that different countries have different payment systems. Many payment systems require data specific to the local processing environment. Sort codes, IBANs...
Editors Note: Elizabeth McQuerry joined Glenbrook last week and this is her first Payments Views contribution. Her practice will focus on International payments and ACH. Welcome Elizabeth! We are living an amazing period in the payments industry – a new “golden age of...
This is conference week for me! Today I’m sitting at Mobile Money Americas in Mexico City, with a fascinating group of people working on mobile wallets in countries throughout the region. Of the 129 live mobile money projects worldwide (and let’s not get distracted,...
Consumers transfer tens of billions of dollars from the United States each year in international remittances. In 2009 the World Bank estimated that US$48 billion was sent from American consumers to friends and family in other countries, a number that represents 0.3%...
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...
