Yesterday Consult Hyperion’s Dave Birch paid a visit to Glenbrook World HQ here in Menlo Park. We talked payments, consulting, emerging markets, and blogging. But the highlight was our test of his UK issued contactless payment sticker at the 7-Eleven next to our office. It worked!
You have to be a hardcore contactless geek to understand why [...]
Last week we asked readers to help us capture a snapshot of U.S. market contactless/RFID terminalization. We were pleased to get 43 brave souls to respond.
Here are the (admittedly anything but scientific) results:
by Russ Jones on April 4, 2010
in Conferences & Meetings, ECommerce, Erin McCune, Facebook, Micropayments, NACHA, P2P, PayPal, Russ Jones, Social Media, Social Payments, Technology, Web 2.0 in Financial Services, Web/Tech
I’ve been thinking a lot lately about social payments, and have reached two conclusions. The first is that a payment facilitated by a social network is not a social payment—it’s just a normal customer-not-present payment. The second is that social payments are, by definition, social in nature and involve multiple parties. Hear me out on [...]
Today, AT&T announces a test of 2D barcodes for mobile at the point of sale (POS). This pilot will be watched with interest. If it works, couponing/loyalty applications on the phone will no longer need to wait for chipset or hardware development to interact with the point of sale. From Glenbrook’s perspective, the most interesting [...]
Based on a vote of attendees – bankers, investors, industry experts, financial company executives from companies large and small – the best of show awards went to:
BancVue (Kasasa) – national checking/savings account brand
for community banks and credit unions
Credit.com – report card with letter grades to help users
make sense of the underlying data
Digital Insight (Intuit) – [...]
I am live blogging Finovate2009 from NYC.
AFTERNOON SESSION #2
BillShrink – Peter Pham, CEO and Samir Kothari, VP
Help consumer save money on credit cards, cellphones and gas; now launching savings products
Interactive tools to help eliminate nuisance fees
Continuously monitoring banks all around the country to create apples-to-apples fee comparisons
Infosys – Puneet Gupta, Mobility Products
Launching mConnect multi-channel platform
Transactions [...]
Resuming my live blogging of Finovate2009 from NYC in a few minutes.
AFTERNOON SESSION #1
Yodlee -Peter Hazelhurst, SVP Products
New Yodlee dashboard highlighting capabilities that used to be hard to get to
Web 2.o interface based on widgets
New UI indicates good and bad times to pay bills, based on expected balances
New feature is the FinApp store, where consumers [...]
I am live blogging Finovate2009 from NYC.
MORNING SESSION #2
Outright.com – Kevin Reeth, CEO
Online tools for tracking small businesses and self-employed people for records like business expenses
Imports and classifies expenses from credit card statements
Integrates with FreshBooks (free, open source small business accounting software)
Also integrating to PayPal API for those who receive payments that way
No storage [...]
I am live blogging Finovate2009 from NYC.
MORNING SESSION #1
BrightScope – Ryan Alfred, President
Mission: Help Americans retire in dignity
Website provides additional information on existing employer 401k plans
Provides ratings and does comparisons on plan performance
Can also upload plan documents for plans not already covered, no matter how small
Free to the employee
So, what’s the business model?
Provide tools for [...]
I am attending Finovate 2009 in NYC today – a whirlwind of financial innovation. Each company has seven minutes to demo their latest and greatest technology; no PowerPoint allowed! I’ll do my best to keep up and give you real-time updates on the presentations.
Finovate events are organized by Online Financial Innovations which also writes the [...]
I’m in Baltimore attending the NACHA Council mega-meeting. This morning Aneesh Chopra, the Federal Government’s CTO (officially, director of technology for the President’s Office of Science and Technology) was the Keynote Speaker. He took a few minutes to warm up, but by the end he had the whole room of bankers, financial technology providers, regional [...]
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 [...]
Over at TechCrunch, Sarah Lacy laments the that too few of the start-ups on stage at this week’s TechCrunch50 were chasing audacious, world-changing ideas:
I did interviews with most of the TechCrunch50 experts backstage and there was a common gripe about the companies launching there: Not enough passion, not enough swinging for the fences, not enough [...]
I attended yesterday’s PayPal Platform Preview in San Jose and wanted to share some thoughts on the platform, Adaptive Payments, and the partner applications that were demonstrated.
First, a bit of context. PayPal has long offered a suite of callable APIs for payments acceptance. These APIs expose PayPal functionality to merchants that want to accept PayPal [...]