Allen Weinberg

My partner, Bryan Derman, and I just returned from a week in South Korea and a deep immersion in the local card market. As consultants serving clients across the globe—including payments -related companies in Europe, Africa, Latin America, and Asia—we are repeatedly reminded of the remarkable differences between adjacent countries in any given region.  A […]

{ 2 comments }

Chernobyl is certainly at the top of the list of man-made disasters.  In light of recent events, I’ve been thinking that the Target breach has become the Chernobyl of the payments world. As a group, we Americans never thought that much about payment security – we really didn’t have to.  We are protected by federal […]

{ 8 comments }

I had the opportunity to attend the launch event of Green Dot’s new GoBank yesterday (1/15/13) in San Francisco and came away quite intrigued. Sure, there are a plethora of financial services targeting the unbanked and underbanked, but what I found most interesting was Green Dot’s focus on the “unhappily banked” and those new to […]

{ 3 comments }

Visa’s recent announcement that essentially paved the way for wide-scale implementation of both EMV and contactless acceptance in the US was expected in some respects (based upon its earlier announcement in February), and surprising in others. Depending on where you sit in the electronic payments ecosystem, it could be a real positive, negative, or neutral. […]

{ 9 comments }

Former Sen. Chris Dodd, ex-Chair of Senate Banking Committee, probably needs no introduction to anyone in payments. In his keynote address to the annual meeting of the ETA this morning, he commented on the Durbin Amendment: Excluded interchange from original bill because it was so complicated. “Almost impossible … to draft something that struck a […]

{ 0 comments }

As you may have seen on PaymentsNews, MasterCard announced the acquisition of DataCash, a pan-European (and a bit beyond) gateway, this morning for $520 million. Before I jump in, you might want to take a look at the earlier opinion piece I posted regarding Visa’s $2 billion acquisition of CyberSource, since the rationale for MasterCard’s […]

{ 0 comments }

I’m currently working on a speech on innovation in payments/financial services and would love your input. What recent innovations have personally affected you in the past few years? No signature at Starbucks? Envelope-free ATMs? Using your credit card to enter and exit the parking facility at your favorite airport? Depositing a check by taking a […]

{ 0 comments }

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?”

{ 8 comments }

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, […]

{ 4 comments }

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 […]

{ 4 comments }

As a volunteer at several non-profits, I have, of course, jumped or gotten pulled into those organizations’ payment issues. Accepting donations over the Internet is increasingly important and there are a staggering array of specialized service providers that offer turnkey payment acceptance. Over the past year though, we at Glenbrook have noticed more and more […]

{ 9 comments }

I jumped at the opportunity to interview Jason Hogg, CEO of Revolution Money, parent company of Revolution Card. My colleagues and I at Glenbrook Partners are frequently tapped as a source of information about the very latest goings on in the world of “alternative payments”, but unfortunately, Revolution doesn’t share a whole lot of key […]

{ 10 comments }

Ashok Misra has an interesting, and certainly provocative, article in the current Secure Payments Magazine.  If you  don’t know Ashok, he is Sr. Manager Payments & Security at RealNetworks, Inc in Seattle, chairman of the European CNP Payment Forum, and a long-time friend of Glenbrook Partners.  In the article, he comments that the current credit […]

{ 0 comments }

MORNING SESSION #1 – Whew – what a whirlwind!  Companies get 7 minutes to demo their products/services before the microphone is cut off.  Some very interesting stuff flying by at warp speed (so please excuse the grammar/any typos)! So here goes:

{ 2 comments }

Next up at today’s Merchant Risk Council session was Terry Jones, the founder and former CEO of Travelocity.com – and a FABULOUS speaker! Jones spoke about impact of the Internet on industries, citing travel as being impacted the most; half of all travel is booked online; more volume than the next four categories of ecommerce […]

{ 0 comments }

Clicky Web Analytics