Payments News

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Glenbrook

Madness in Marijuana Payments – Part 2

“Since my April 2018 post, there’s been a lot of activity in the “land of weed.” Multiple countries and U.S. states have moved toward legalization. Major non-cannabis industries are investing heavily in cannabis related products and cannabis-based companies. With U.S. Attorney Jeff Sessions out his strict stance against marijuana perhaps no longer holding, many are suggesting […]
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Glenbrook

Episode 82 – Restaurant Payments Deep Dive – Tim McKenna, Heartland Payment Systems

“Like Square, Heartland has realized the revenue benefits of expanded commerce services above and beyond the traditional payments revenue stream. By cross selling multiple services, Heartland expects to see 60% of its revenues coming from payments coupled with value-added services that automate the business of their customers. If you’re interested in how the payments industry is […]
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Glenbrook

Episode 81 – Real Time Payment Network Update – Steve Ledford, TCH

“For those of you who didn’t make it to Money20/20 and want to hear the latest on The Clearing House’s Real Time Payments Network (RTP), take a listen to this update conversation with Steve Ledford, SVP at The Clearing House for the RTP Network. A year ago, The Clearing House got out of the gate with […]
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Glenbrook

The Five Biggest Trends in Payments

“All of the 2019 prediction stories got me thinking about the mega trends in the payments industry. These are the year-over-year tectonic shifts in the industry that you can bet your company’s strategy on — maybe even bet your career on. In a landscape of trees, this is what the forest looks like.”
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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

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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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 […]