Payments News from Glenbrook Partners
Glenbrook   Book   Education   Views   Archives   Store   About         SUBSCRIBE:

September 02, 2015

Headline News from PaymentsNews.com - September 2, 2015

On the Web:

On the Wires:

  • FDIC-Insured Institutions Earn $43 Billion in Second Quarter 2015 - "Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $43.0 billion in the second quarter of 2015, up $2.9 billion (7.3 percent) from a year earlier and the highest quarterly income on record. The increase in earnings was mainly attributable to a $3.6 billion rise in net operating revenue (net interest income plus total noninterest income). Financial results for the second quarter of 2015 are included in the FDIC's latest Quarterly Banking Profile released today."
  • Banking with the “Bat of an Eye”: First Internet Bank Offers Eyeprint ID Technology for Mobile Banking Access - “Eyeprint ID is the latest demonstration of First Internet Bank’s commitment to customer-centric digital banking,” said David Becker, President and CEO. “Eyeprint ID comes quickly after our introduction of Touch ID authentication earlier this year, which enables customers to log in with a fingerprint. Biometric technology allows us to provide innovative solutions to our customers’ need for secure, convenient account access.”
  • Shopkick Blows Past 15 Million Users, Doubles in One Year - “If you stacked all of the gift cards that users have received from shopkick, the pile would be 18 Empire State Buildings, or over four miles, high. That’s 15 billion Kicks, or $60 million, that we’ve rewarded to shopkick users just for shopping how they want to shop,” said Cyriac Roeding, co-founder and CEO of shopkick.
  • Xoom Launches Money Transfer Service to Singapore - “We are so excited to offer our money transfer services to customers with family and friends in Singapore,” said Iain Allison, Vice President of Business Development at Xoom. “We look forward to delivering convenient, safe, and economic service to the Singapore market."

Glenbrook's 2015 Payments Education

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

September 01, 2015

Headline News from PaymentsNews.com - September 1, 2015

On the Web:

On the Wires:

  • Verifone and Aava Mobile Partner to Offer First Intel-Powered, “Pocketable” mPOS Solution - “Aava Mobile’s Inari5 tablet provides a level of durability, memory and processing speed greater than consumer-first mobile devices,” said Michelle Tinsley, Director of Mobility and Secure Payment for Intel’s Retail Solutions Division. “As the first Intel-based mobile handheld payment solution, integrating Aava’s tablet with Verifone’s remarkably flexible terminal yields a powerful enterprise-grade solution in terms of payment acceptance, advanced architecture support, and legacy system compatibility to enable retailers to get the most out of their mPOS investment.”
  • PayPal Study Reveals Adults Globally Owed More Than $51 Billion by Friends and Family - “As we see money going digital and mobile, people need more flexible ways to manage their money. It’s simple – we all want no-fuss ways to pay and get paid back, and avoid awkward IOU conversations,” said Matt Gromada, Director of Consumer Product Marketing at PayPal. “PayPal pioneered sending money digitally 16 years ago, and we are continuing to lead the way with our P2P offerings.”
  • TSYS Signs Payments Agreement with Metro Bank - “Metro Bank has a unique, customer-focused business that looks to reinvent the rules of banking,” said Gaylon Jowers, president of TSYS’ International Services segment. “At TSYS, we are constantly looking to change payments for the future, and working with forward-thinking banks like Metro Bank allows us to remain at the forefront of the U.K. payments market.”

Glenbrook's 2015 Payments Education

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

August 31, 2015

Headline News from PaymentsNews.com - August 31, 2015

On the Web:

On the Wires:

  • Moneris Works with Verifone to Offer One of the First EMV-Certified Unattended Payment Solutions in the United States - “We are pleased to be working with Verifone to bring EMV-certified unattended payment solutions to the U.S. market,” said Chris Lee, President of North American Strategic Partnerships at Moneris. “Verifone is a key contributor to making an easy transition to EMV and contactless-ready solutions, providing the essential payment and commerce technology for businesses to take advantage of. Together we are delivering a leading-edge product that will make payments easier and more convenient for businesses and their customers in this growing environment.”
  • Bill.com and Xero Announce Direct Sync Availability for Small Businesses Everywhere - “Small businesses using Xero can now enjoy a more seamless and fluid way to manage their payments,” said René Lacerte, founder and CEO of Bill.com. “Our partnership with Xero enables businesses to manage their accounting and payment processes with ease and efficiency.”
  • BBPOS Launches WisePOS Smartphone for Q3 2015 Debut - “WisePOS provides mobile merchants and retailers a simpler, more reliable, more secure and optimally versatile mPOS device to accept payments anytime, anywhere, “said Ben Lo, Co-Founder & Chief Technology Officer of BBPOS. “ We are thrilled to bring this kind of revolutionary performance to customers, with demand at launch from an incredible roster of merchants who have managed payment acceptance and grown their businesses with help from BBPOS.”
  • IFX Forum and nexo Deliver First Universal ISO 20022 ATM Specification - "Our ATM-POS Working Group has historically been one of our most active and productive IFX committees, but supplying the massive amount of new ATM-related content to ISO 20022 by ourselves would have been a daunting task," said IFX Forum Chairman Richard A. DuVall of ACI Worldwide. "However, when the possibility of collaborating in this effort with nexo presented itself, it made the endeavour more feasible. We are very pleased to deliver today, with nexo, this much-needed content, which has been requested by the whole ATM industry."

Glenbrook's 2015 Payments Education

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

August 28, 2015

Join Us for Payments in Portland! - September 16, 2015

GP Logo Horizontal 140px

And we mean Oregon, not Maine!...

The payments industry is highly complex, growing rapidly, and presents fascinating opportunities and challenges for both incumbents and challengers. We have a number of companies in both categories in Portland - so let's get together and talk!

You are invited to the inaugural "Payments in Portland" event on September 16th, from 5:30 - 7:30. Come meet your peers (and your competitors!) and talk about what's happening - and what's not - in our industry. This first event is organized by Carol Coye Benson of Glenbrook Partners and Dr. Siva G Narendra of Tyfone. It is being (generously) hosted by Oregon Story Board, a startup accelerator in Portland's Old Town.

For this first event, we won't have any formal speakers - but we will do around-the-room introductions and talk about what would be useful for future events. This is Portland, so we'll have beer, and wine - and some snacks. Please join us - and RSVP here.

Questions? Send an email to carol@glenbrook.com or to siva@tyfone.com

Headline News from PaymentsNews.com - August 28, 2015

On the Web:

  • Bitcoin Technology Piques Interest on Wall St. - New York Times - "Many in the financial industry hope they can find a way to use the blockchain concept — what is often referred to as a distributed ledger — without using the blockchain associated with Bitcoin."
  • Ingenico Said to Join Bidding for U.K. Payments Firm Worldpay - Bloomberg - "Ingenico Group, a French payments-processing company, has joined the race to buy Worldpay Ltd. ahead of a planned initial public offering by the U.K. rival, according to a person familiar with the matter."
  • Payments firm iZettle raises 60 million euro, starts financing service - Reuters - "The firm, a maker of payment card readers for smartphones and tablets, said on Friday that the capital injection was led by previous investors Intel Capital and Zouk Capital. The funds will be used to support the expansion of the new service, called iZettle Advance, and boost growth in iZettle's existing business."

On the Wires:

Glenbrook's 2015 Payments Education

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

August 27, 2015

Headline News from PaymentsNews.com - August 27, 2015

On the Web:

On the Wires:

  • Introducing the Square Appointments App - "The new Appointments app is available for iPhone –– even if you don’t process payments with Square. We want to empower you to do business anywhere, and our family of Square apps makes it easier to run your point of sale, check your sales reports, and book more business."
  • Consumers Believe Nontraditional Providers Will Drive Financial Industry Innovation, Says Research from Raddon Financial Group - “U.S. consumers continue to trust that banks and credit unions will provide them with the highest quality and most secure financial services available, and they believe that the emergence of nontraditional financial service providers has the potential to drive innovation in the industry,” said Bill Handel, vice president of research, Raddon Financial Group.
  • Consumers Rank Discounts and Savings on Fuel as Their #1 Preferred Reward - “This survey confirms what our merchant partners and over 5 million members have been telling us for the last three years,” said Brandon Logsdon, President and CEO of Dallas-based Excentus. “Today’s consumers clearly value the ability to earn rewards – like fuel savings – that have a meaningful and tangible impact on their household budget, making everyday life more affordable."

Glenbrook's 2015 Payments Education

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

August 26, 2015

Headline News from PaymentsNews.com - August 26, 2015

On the Web:

  • Wirecard Said to Join Worldpay Contest With $9.4 Billion Bid - Bloomberg - "German payments processor Wirecard AG has joined the bidding for U.K. rival Worldpay Ltd., according to people with knowledge of the matter."
  • PayPal One Touch is Now Being Used By Millions of People and Available in 16 Countries - "One Touch is the biggest change to online shopping in more than a decade. It is a faster, safer way for consumers to check out at merchant sites, whether in mobile apps, on mobile web or online -- across platforms and payment types. Since launching One Touch, we’ve gotten phenomenal feedback from consumers and merchants alike. One Touch has led to a 50% or greater improvement in conversion of PayPal on mobile and we believe ushers in a major upgrade in the way consumers and merchants will connect in the coming decade. "

On the Wires:

  • First American Payment Systems Releases Payment Integration Tools for Partners and Developers - "As the payments world evolves, ISV partners are looking to increase revenue and differentiate their product offerings in the marketplace,” said Neil Randel, Chief Executive Officer for First American Payment Systems. “1stPayBlaze provides that functionality to the ISV community, as well as to their existing and new merchants, backed by our award-winning customer service and technical support. Our tools allow developers to incorporate this advanced technology within their software or website quickly and easily, eliminating many of the complex integration steps required in certifications.”
  • New Payment Technology is an Ace for MasterCard and The Barclays - "Golf fans using the latest in payment technology from MasterCard can get their food and drinks faster whether they are on the course, in the clubhouse or visiting the MasterCard Club on the ninth fairway during The Barclays in Edison, NJ. Concession point of sale terminals throughout Plainfield Country Club will be enabled to accept contactless payments and Qkr! with MasterPass, giving spectators a chance to use some of the newest payment technologies."
  • QCash Financial Offers QCash and QCash Plus as White Label Products to Financial Institutions - "QCash Financial’s product suite enables financial institutions to offer small-dollar, short-term loans quickly via a mobile device, from a branch or online to consumers. The suite is currently comprised of fee-based, small-dollar loans (QCash), and interest-based, near small-dollar loans (QCash Plus), both of which use the data analytics, technology and underwriting engine powered by QCash."

Glenbrook's 2015 Payments Education

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

Glenbrook Partners

PAYMENTS NEWS IS PRODUCED BY AND IS A SERVICE MARK OF GLENBROOK PARTNERS, LLC
ISSN 1556-4487

Glenbrook's Consulting Services

  • Innovation and Strategy
  • Payments Product Development
  • Payments Market Assessments
  • Payments Vendor Selection
  • Merchant Payments Optimization
  • Payments Risk Management
  •  
  • To discuss how Glenbrook can
    help you
    , email us:

Glenbrook's Payments Education

  • Payments Boot Camps
  • Payments Essentials Webinars
  • Private Payments Workshops
  •  
  •  
  •  
  •  
  • For more information on Glenbrook's payments education, email us:

Tools for Payments Professionals

  • Glenbrook Writings
  • Payments News
  • Payments Views
  • Payments Jobs
  • Payments Education
  • Payments Bookstore
  •  
  • To send us news that you'd like us to cover on Payments News, email us:

Contacts:                        
Compilation Copyright © 2002 - 2015 Glenbrook Partners LLC. All Rights Reserved.
Terms of Use        Privacy Policy        RSS Feed        Payments News RSS Feed

Subscribe to Payments News   

Follow Payments News on Twitter for Real-Time Updates