ACH

Episode 153 – How to Make B2B Payments in a Few Lines of Code – Brady Harris and Adam Steenhard, Dwolla – Payments on Fire® Fintech Series

By George Peabody on July 2 2021

The fintech phenomenon and the ability of software developers and their enterprise customers to embed payments capability into business processes relies on multiple forms of access. First, there is the establishment of the business and contractural relationship necessary for access to a payment system. The rules of payments schemes, i.e. payment networks, say that you […]

Fast Payments

Episode 152 – The Fast Payments Imperative – Elizabeth McQuerry, Glenbrook and Craig Ramsey, ACI Worldwide

By George Peabody on June 21 2021

Fast payments are “must haves” in most economies. Their key attributes make them superior to other bank-led, open-loop systems. The speed of money has caught up with the speed of our communications. As Glenbrook’s Elizabeth McQuerry puts it, “this is a convergence of ideas around the world, a commonality, around this single approach in payments.” […]

Fast Payments

Episode 110 – Building Out and On a National Faster Payments System

By George Peabody on December 9 2019

Deployment of “clean sheet of paper” payment systems is a once in a generation event. In over 50 countries, new account-to-account push payment systems are either in full scale operation, implementation, or fully committed planning stages. The U.S., for example, has the RTP Network in operation and, in a few years, the FedNow system will […]

Fast Payments

Episode 101 – The U.S. Faster Payments Council – Kim Ford

By George Peabody on September 16 2019

  Talking Faster Payments In this Payments on Fire® episode, Faster Payments Council Executive Director Kim Ford discusses the Council’s work, the U.S. Faster Payments Barometer survey, and where we are today with Glenbrook’s Beth Horowitz Steel and Elizabeth McQuerry. Take a listen and take the survey. You’ll contribute to the Council’s education, planning, and […]

ACH

Episode 76 – Payments Canada – Justin Ferrabee, COO

By George Peabody on July 19 2018

During the Glenbrook Payments Boot Camp we make clear that national payments systems are domestic by definition. Each country has its own set of systems to effect payments. We point out that national payment systems differ in many of their details. Regulation, operating rules, governance, ownership, technology, and more are highly variable. At the same time, […]

B2B

Episode 59 – B2B Payments are Hot – Glenbrook’s Erin McCune

By George Peabody on August 11 2017

B2B payments are huge. Taken together, these supply chain payments exceed the gross domestic product. But supply chain payments remain an imperfect art. While consumers pay for one purchase at a time, a B2B payment may cover multiple invoices, each with different commercial terms. Given the amount of data about the payment that’s necessary to […]

Card Payments

Episode 58 – Consumers and Faster Payments – Consumers Union

By George Peabody on August 8 2017

The Faster Payments Task Force has brought together a broad constituency with the payments industry thoroughly represented. And thanks to participation by organizations like Consumers Union, the people who bring us Consumer Reports, the voice of the consumer has been well represented in determining important evaluation criteria. Christina Tetreault, staff attorney at Consumers Union, joins Glenbrook’s George Peabody for this podcast discussion […]

ACH

Episode 48 – APIs, ACH, and Faster Money – Dwolla

By George Peabody on February 16 2017

Sometimes a change in direction is the way forward. Network aspirant Dwolla has recently pivoted its work toward the product and development teams inside financial institutions. Instead of being a system operator, Dwolla now offers a broad set of APIs designed for those FIs to take advantage of the ACH’s overnight and Same Day ACH […]

B2B Payments

Episode 43 – Making Money Fly over Borders – ISO 20022, the IPFA, and Faster International Payments

By George Peabody on October 10 2016

Faster payments, B2B payments, international remittances, cross-currency, and cross-border payments. These are hot topics and major challenges the payments industry must address. Central to all is the ability to represent, in an interoperable fashion, the information that surrounds the payment itself. What’s this payment for? Who is it for? Where’s it going? These are information […]

Card Acceptance

A Large Merchant Focuses on its Payments Strategy

By George Peabody on May 11 2016

Payments industry professionals naturally have a hard focus on the industry’™s own dynamics. So, it’s not uncommon to lose sight of who the customer is and who pays the freight. In retailing, yes, the consumer pays, but payments is a direct cost to the merchant. With all of the changes underway in the U.S. payments […]