Payments On Fire

Faster Payments

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

  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

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

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

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

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

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

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 […]

Bitcoin

On Internet Money – Talking Circle.com with Jeremy Allaire

The world of moving money is changing. And faster is the theme. Domestic real time payment systems are showing up across the planet. Today’s discussion is full of bitcoin, open and permissioned blockchain approaches to speed asset exchange. But the competitive balance between proprietary and open systems is in flux. The view that moving money is […]

Card Networks

Interchange Regulation Comes to Europe

Interchange galvanizes the attention of regulators around the world like iron filings to a magnet. Everyone in card payments watches their moves closely because of its economic impact on merchants, card networks, issuers, acquirers and, in theory, consumer pricing. European regulators are among the most recent to weigh in. Based on the EU’s Multilateral Interchange […]