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Consistent with the current government focus on enhancing consumer protection, the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit CARD Act of 2009) brings sea changes to the credit card industry. Forward-looking financial services institutions are viewing these shifts not as a reactive compliance and operational exercise, but more broadly in anticipation of [...]
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by Jim Salters
One of the “hot topics” in payments in the US market is the evolution of mobile payments – from “inevitable idea” to reality. Obopay and PayPal Mobile are both now over 2 years old – having been launched in the spring of 2006. TextPayMe, a mobile payment service that launched in [...]
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A Report from the Federal Reserve Bank of Chicago’s 2008 Payments Conference
by Linda Elliott
I’ve just returned from the Chicago Federal Reserve Banks’ 2008 Payments Conference where this year’s topic was Payments Fraud: Perception versus Reality. The conference had good presentations on fraud perspectives in payments ranging from check processing to PayPal, mobile commerce, and [...]
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by Jim Salters
Glenbrook’s Allen Weinberg and Jim Salters attended this week’s Payments 2008 conference in Las Vegas. Here’s Jim’s report about the expedited bill payment opportunity for banks.
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by Jim Salters
Glenbrook’s Allen Weinberg and Jim Salters are attending this week’s Payments 2008 conference in Las Vegas. Here’s Jim’s report on the day one general session.
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by Linda Elliott
Linda provides another update from this week’s Digital ID World.
Phil Becker asked the question at a Digital ID World breakout session:
“What will make Amazon or eBay start really using the identity infrastructure?”
Those who watch the web, authentication initiatives following on the FFIEC push for strong authentication dating back two years now, and identity [...]
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by Linda Elliott
The exhibition floor at a conference can tell you a lot about the state of development of the topic. Exhibitors front and center on the exhibit floor at Digital ID World this week are MSFT, Novell, Oracle, AOL, while the smaller players, who were the only ones a few years ago: Ping, [...]
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by Linda Elliott
There has been a lot of attention paid to identity authentication in the payments world over the last several years. Five years ago, systematizing the use and sharing of identity beyond the proprietary structures of vendor products was a new idea and there was great energy in the marketplace. The Liberty [...]
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Glenbrook’s Linda Elliott has years of experience in designing, building and operating some of the largest payment processing platforms in the industry. She filed the following commentary – after reflecting upon some the cluster of news stories over the last week about difficulties with several significant transaction systems. Click here to read Linda’s commentary on [...]
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Glenbrook’s Jim Salters was at NACHA’s Payments 2007 conference earlier this week. Jim filed the following report from the conference.
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Glenbrook’s Jim Salters files a Payments News report on Metavante – suggesting that to watch what’s happening with payments convergence in the US, watch what Metavante’s doing.
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Glenbrook’s Linda Elliott has been following the banking industry’s efforts to comply with the FFIEC Internet Banking Guidance issued almost a year ago. We first posted her initial summary of bank strategies last September. Here’s a link to her most recent update (version 7) with the latest on what the industry has been doing since [...]
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Glenbrook’s Jim Salters files this report: Even if you’ve been following the authentication space and the industry dash to comply with the FFIEC Authentication Guidance, it’s likely that you’ve never heard of Arcot. But that may soon change. According to the company, a major bank in the US will soon announce their plans to deploy [...]
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By Jim Salters
With roughly 4 1/2 months remaining before year-end, we thought we’d share
our take on some of the recent industry developments and our lessons learned
as we’ve helped our clients prepare for the deadline.
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Glenbrook’s Linda Elliott provides part 2 of her report on the rollout of contactless payments in the Denver area.
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Glenbrook Payments Boot Camp
Mar 10-11, 2010, Santa Clara, CA
May 19-20, 2010, Santa Clara, CA
Headlines from Payments News
