We recently sat down (virtually) with BOKU to learn more about how the company views the mobile payments market and where BOKU Accounts fits in the emerging mobile POS landscape. What follows is a summary of what we learned and our reaction to the their strategy and approach. One of the reasons that the mobile […]
On January 26, FIS announced a new mobile payments solution using technology provided by Paydiant. In its announcement, FIS said: This cloud-based payment solution is adaptable and secure, requiring only downloadable applications for both consumers and retailers. Importantly, the mobile payments solution can be built into retailers’ and financial institutions’ existing mobile applications, preserving brand […]
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 […]
Internet Retailer recently published the 2009 Edition of its Top 500 Guide, which provides profiles and statistics on “America’s 500 Largest Retail Web Sites”. eCommerce professionals look forward to its publication every June not only to see the relative rankings of the online retailers, and to also pick apart the shifting dynamics of the industry.
At Glenbrook, we’re pretty interested in what makes mass consumer adoption of new payments capabilities happen – or not. We’ve been talking lately about “brand as action” – the notion that consumers (and merchants) need a way to express how they are going to pay or be paid. This can be brand with a “capital […]
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 […]
By Bryan Derman It seems like it’s been a month now that we at Glenbrook – and people all around the payments business – have been holding our collective breath waiting to see what level of purchase volumes would be reported by MasterCard and Visa for Q4 2008. Well, the results came in the last […]