From the category archives:

Mobile Banking & Payments

Glenbrook’s Erin McCune is in Orlando for BAI’s Payments Connect conference.
John Stewart of Digital Transaction News moderated an open discussion exploring the most pressing issues in e-payments. It picked up on the list of 10 pressing themes raised in the November issue (pgs. 26-32). The panelists were:
Aaron Fine, Oliver Wyman
David [...]

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When it comes to mobile payments in the U.S. market, there’s a lot of talk and action around P2P and remote purchasing (bill to carrier models, etc.).  But the biggest potential is our huge POS (point of sale) market.  This market today is arguably the best-served payments market in the world, with extensive merchant terminalization [...]

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Editors note: This post describes the third in a series of panel discussions on mobile payments. The series is organized by MPay Connect and seeks to tap innovators in Silicon Valley and link them to mobile payment pioneers overseas, fostering understanding and discussion of how to apply lessons from the developing world to other markets. [...]

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Glenbrook launched this Payments Views blog back in February as a place to debate and discuss the Payments News of the day. We’re thrilled with your participation in the comments and pleased with the steadily climbing traffic. Looking back over the past year, seven popular topics and recurring themes stand out:

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For the last several months, Glenbrook’s Carol Coye Benson has been interviewing a number of companies involved in mobile payments in the U.S. and Canada. The companies included are Billing Revolution, Blaze Mobile, Bling Nation, Boku, CashEdge, First Data Corp., mFoundry, mPayy, Obopay, Payfone, Zong, and Zoompass.
To make it easy to access all of [...]

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One of the good things about having a really odd company name is that people do remember it.  We mostly heard skeptical laughs when Bling Nation first emerged from stealth.  But lately we’ve been getting more questions…. I spoke recently to co-CEO and founder Wences Casares.
Wences and co-CEO Meyer Malka have an interesting background, having [...]

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I am currently attending the ATM, Debit & Prepaid Forum 2009.  The event  started today with pre-conference workshops.
Due to my recent work in mobile payments, I was interested to talk to Richard Crone about the key messages in his Mobile Payments workshop.  Richard’s key point was that “the one who enrolls [the customer] is the [...]

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The Bay Area Mobile Payments Series focused on the US market last week with the topic “Is there REALLY a market for mobile payments in the US?”. The event was hosted by the Harvard Business School Technology Alumni Association, Wharton Club of Northern California and Google and moderated by Menekse Gencer of mPay Connect. [...]

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Last week, Starbucks announced a raft of new mobile capabilities, with iPhone apps to enable consumers to use their phone as their card in a variety of ways, including seeing a balance and reloading.  For the payments industry, however, the announced test of a usable-for-purchase prepaid card on the phone, using 2d bar code technology, [...]

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At Glenbrook, we’re fascinated by the topics of mobile payments (in general); the potential for new ACH applications; and the continued growth of eCommerce.  So it was great to talk to Conrad Sheehan, CEO of mobile payment startup mPayy – who has moved his company right into the center of all three topics.
To start with, [...]

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Last Thursday evening I attended a superb mobile payment panel organized by mPayConnect and co-hosted by the Wharton and Harvard MBA alumni associations at the Wharton West campus in San Francisco. The evening’s topic was From Afghanistan to Silicon Valley: Mobile Financial Services for the Next Billion Customers. Menekse Gencer  of mPayConnect moderated and brought [...]

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While the list of start-ups focused on mobile payments for digital content, eCommerce physical goods and/or person-to-person transfers continues to grow, another part of the industry is biding its time, with an eye on what may be a much larger prize.
What’s at stake are point-of-sale, in-person payments – what Glenbrook estimates to be roughly $4 [...]

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Among other recent interviews on mobile payments, we took a look last month at two companies (Boku and Zong) that are focusing on bill-to-carrier models for digital content purchases in the online gaming arena.  Fascinating, but surely (for my demographic, at any rate) a niche market – after all, how many times have you spent [...]

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At Glenbrook we believe that social eCommerce and virtual currencies are the new frontier of payments. Person-to-person transfers, charity donations, and micropayments for virtual goods (e.g. games, music, e-books, etc.) are exploding within social networks and as the 800-pound-gorilla in the social networking space, all eyes are on Facebook. Estimates vary, but $300-500 million in [...]

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Editors Note: Glenbrook, along with the rest of the payments industry, has been watching developments in mobile payments closely.  This is one of a series of posts by our partner Carol Coye Benson. Thus far she has profiled Boku, CashEdge products, Canada’s Zoompass, Zong, Billing Revolution, and Blaze Mobile. Today she takes a look at [...]

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