Allen Weinberg

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 […]

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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 […]

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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 […]

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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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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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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 […]

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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 […]

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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 […]

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A little shameless Glenbrook promotion, forgive us. Today our partner Allen Weinberg spoke at the San Francisco Treasury Management Association (the local AFP) monthly lunch about emerging payments: PayPal, Amazon, Google Checkout, and many, many more start-ups nipping at their heels.  The crowd – half bankers and half corporate cash managers/treasury professionals – loved it. […]

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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:

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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 […]

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Former Secretary of the U.S. Department of Homeland Security and Governor of Pennsylvania Tom Ridge keynoted this morning’s opening of the Merchant Risk Council. What a great speaker! Note that Ridge also sits on the board of Ethoca (www.ethoca.com). Ridge focused on managing risk in environment of uncertainty. He cited ties fraud to domestic/national security […]

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Is Now the Time for Online PIN Debit? This session was presented by Mike Strada from Chase Paymentech. Mike is a fan of online PIN debit, especially the notion of giving merchants more choices. His discussion focused on the different options the 12 North American debit networks are exploring. Several of the debit networks are […]

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I‘m in Las Vegas today attending the Merchant Risk Council’s Platinum Day Sessions. I’ll be blogging my comments from the sessions here along with my colleague Jay DeWitt who’s also attending this year’s MRC. Fraud Prevention on eBay Marketplace Unfortunately my plane landed such that I was only able to catch the tail end of […]

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Glenbrook’s Allen Weinberg is attending this week’s Payments 2008 conference in Las Vegas. Here’s Allen’s first report from today’s sessions. This year’s NACHA Payment conference offered an incredible array of sessions, making the choices difficult indeed. In fact, most time slots offered 12, yes 12, concurrent sessions, of which at least 4 or 5 were […]

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