There, did I get your attention? … Tonight’s headlines say it even more clearly – see this Wall St. Journal story titled “Merchants Win Debit-Card Fee Battle“. Or, see this post on PaymentsNews.com about the Durbin compromise announced earlier today.
Seriously, it seems to me that there’s a bit of a sleeper buried in all [...]
Today the Financial Women’s Association of San Francisco (FWASF) hosted its annual Scholarship Luncheon. Two undergraduates and six graduate students from six Bay Area schools received a total of $70,000 in scholarships. I am on the FWA board and have been involved in the scholarship program for many years — and each year I am [...]
If you’ve been following the blog posts and tweets from the Glenbrook crew this week, you know that a few of us have been attending NACHA’s Payments 2010 event. I’m a Seattle native, now living in Spokane, and I had the opportunity to ride the new Sound Transit Central Link Light Rail into the [...]
The team at Glenbrook wishes you and yours a bright and cheerful holiday.
We’ll be back next week with a round-up the most popular themes on Payments Views in 2009.
Glenbrook Partner’s Jacqueline Chilton is in Miami this week for the Airline and Travel Payments Summit. She is moderating a panel on localisation at 2pm on Thursday:
Lessons learned: Localised payments are a key part of improving your bottom line in a global ecommerce world. What are the challenges and issues, from implementation to selection – [...]
[via CFO.com] Managing the finance infrastructure of a large global company is a messy, convoluted business. Regulations and proesses vary from country to country. Redundancy and inefficiency plague the global treasury and finance departments of multinationals. Now IBM has a cure:
Enter IBM, with software that attempts to normalize and standardize
the complex process of developing consistent [...]
Tomorrow's New York Times reports that banks are issuing fewer loans to companies and charging more. This increases the pressure on corporate accounting and finance to manage cash flow judiciously; increasing the rate at which receivables are collected and closely managing the rate at which payments are disbursed. It's a good time to be selling [...]
Just as the payments infrastructure begins to address globalization and the need for seamless international transactions (SEPA, SWIFT, IAT – see previous posts here), the regulatory bodies are inching toward international accounting standards as opposed to separate, domestic accounting rules (more on IFRS vs. US GAAP).
Christopher Cox, head of the SEC, wants a "public [...]
[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. - EMc]
Keynote Address: Managing the Changing Mix of PaymentsBrian Hurdis, President, Metavante Image Solutions
[program blurb] This [...]
The most recent Business Week has an interesting article on the evolution of online payments in China. Until recently most Chinese online purchases are paid at the time of delivery, a process that is both expensive and inconvenient for merchants.
But now, business for China's online retailers is picking up. Consumer e-commerce in the country will [...]
The latest McKinsey Quarterly describes research demonstrating that initiatives to address “soft” management issues—such as talent, culture, and values—may have a direct financial payoff. An analysis of hundreds of global companies has identified a strong correlation between organizational and financial performance. There seems to be an especially strong link between the bottom line and efforts [...]