EMV, Authentication and Bank Disintermediation in the U.S. Market: What’s a Bank To Do?

by George Peabody | Apr 26, 2013

Merchants and terminals were a key focus at two major payments conferences this week:  NACHA and CARTES.  The issue of EMV in the U.S. and the high cost for merchants to replace their terminals was raised repeatedly. Estimates for the cost of replacement in the U.S....

Machine Learning: A Road to Smarter Payments

by dennis | Mar 14, 2013

I recently had the time and opportunity to bone up on machine learning.  The opportunity that presented itself was a 10-week on-line course taught by a well known Stanford Computer Science professor, Andrew Ng.  The course, offered by coursera.org included lectures,...

The State of Payments – U.S. Market 2012

by Carol Coye Benson | Sep 24, 2012

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...

Live Blogging Finovate Spring 2012 San Francisco

by Erin McCune | May 8, 2012

Good morning! Gearing up for the two-day typing marathon that is Finovate. We’re at a huge venue this year (same as last year, apparently – someone else from Glenbrook was here then), a cavernous exhibition hall that has plenty of room for the 1200+...

Co-Dependence Between Banks and Their Technologists: Hampering Innovation

by Erin McCune | May 7, 2012

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 of...