Payments News

On The Web

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Glenbrook

The Apple Card May Not Be Revolutionary—But It Offers a Thoughtful Bundle of Features and a Glimpse Into the Post-Card Era

“Apple’s March 25th keynote event announced forthcoming offerings to further build out Apple’s Services line—video media streaming, print media subscriptions, gaming, and more. Most interesting to us at Glenbrook (surprise!) was Apple’s co-branded credit card launched in partnership with Goldman Sachs and Mastercard. The Apple Card, to be released in the summer, integrates consumer controls, personal […]
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Glenbrook

Episode 88 – Digital Marketplaces Go Global – Tomas Likar, Hyperwallet

“The digital marketplace model brings together buyers and sellers and, frequently, handles the money and payouts to the sellers. As my guest today has determined, digital infrastructure, e-commerce usage, competition, and workforce characteristics influence a country’s ability to establish a flourishing marketplace component to the economy. This marketplace economic model is a useful one enabling, […]
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Companies

Discover increase acceptance in Nordics through Nets

“Diners Club International, a part of the Discover Global Network has signed an agreement with Nets, a leading to help expand Discover Global Network acceptance in Norway, Sweden, Denmark and Finland. Today, Nets offers customers one of the widest ranges of payment brands in the Nordics, including both local payment schemes and international payment brands. With […]
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Glenbrook

Creative Tension Shapes the Fintech-Bank Ecosystem

“From the traditional banks’ perspective, fintech companies are just a front-end customer acquisition tool and source of cheap deposits, or a potentially strategic partner, nimble enough to keep the incumbent ahead of the curve and remain relevant. There is a category of banks I call the “fintech enabler banks,” or, “ small banks you’ve never […]
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Glenbrook

In Zuck We Trust?          

We got the first real details this week on the Facebook-sponsored Libra cryptocurrency. Opinions are still taking shape around Glenbrook, but it’s fair to say that the team is deeply intrigued by the possibilities and sees it as both a novel and potentially very practical application of blockchain technology. We think the consortium-based governance, open […]
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Glenbrook

Why Talk About Risk in Payments?

“Let’s be honest, risk is not the first topic people gravitate to in payments. It’s much cooler to talk about open banking, fret about PSD2 implications, or ponder the pros and cons of a cashless society. Even risk managers I know tend to keep quiet about risk – especially at social events. So why are […]
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Glenbrook

Episode 99 – Reducing Chargeback Handling Pain – Rick Lynch, Verifi

“In this Episode 99 of Payments on Fire® we talk with Rick Lynch, VP of Business Development from Verifi , about the impact of chargebacks on merchants and issuers. He updates us on rule changes by Visa and Mastercard. And he addresses the process and techniques al approaches needed to handle these post-authorization events. While […]
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Glenbrook

U.S. Faster Payments Council Reveals Results From Inaugural Faster Payments Barometer

“Overall, survey participants view the United States as falling behind the rest of the world when it comes to faster payments adoption. Fifty-nine percent of survey respondents indicated that the U.S. is not making “satisfactory progress toward faster payments adoption.” Reasons cited for the U.S. being behind included “existing faster payments systems have not yet reached ubiquity […]