If you’ve been following the blog posts and tweets from the Glenbrook crew this week, you know that a few of us have been attending NACHA’s Payments 2010 event. I’m a Seattle native, now living in Spokane, and I had the opportunity to ride the new Sound Transit Central Link Light Rail into the city [...]
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I’m here in Seattle today at NACHA’s Payments 2010 conference along with Russ and Erin. I’m mulling over a couple things I heard in sessions today, trying to draw the line between them. Early this morning, I sat in on a briefing by eCom Advisors about a study they did in partnership with FIS and [...]
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A number of us self-proclaimed “payments geeks” awoke this morning to learn of Visa Inc’s intention to purchase CyberSource for approximately $2 billion. Over the course of the day, Glenbrook’s been getting a flood of emails generally asking, “What’s the REAL reason Visa’s buying this big gateway company?”
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One of my partners, Bryan Derman, and I are in Haiti for a few days kicking off a project where we’ll be part of a team with RTX Technology Partners designing a “from the ground up” electronic payments system for the Republic of Haiti. Our team began competing for the project over eight months ago, [...]
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Another year has flown by and here I am at the 2010 ETA Annual Meeting. I love to walk through the exhibit hall and see “what’s hot,” what’s changed, and what never changes at this ISO conference. So here goes… Before I arrived I tried to predict what the hot areas would be; I predicted [...]
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Kevin Kelly recently wrote about this quote by Clay Shirky: “Institutions will try to preserve the problem to which they are the solution.” Think about what you’re doing when you show up each morning. Are you preserving/protecting – or innovating? If you’re preserving/protecting – I wish you well. It’s a tough job but somebody has [...]
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Today, The Clearing House’s CHIPS wire payment system is 40 years old: ancient for an electronic payment system. It is one of two wire payment systems in the United States; the second is FedWire operated by the Federal Reserve. Wires constitute a relatively small number of US payment transactions but they account for the vast [...]
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Here at Glenbrook, we work closely with eCommerce merchants on issues and opportunities that they confront every day. Increasingly, the questions we hear surround the topic of “going global” — “What countries should I sell into? What local payment methods are important? Who can provide my company’s payment services over seas? It seems that U.S. [...]
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Headlines from Payments News
