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February 17, 2009

Introducing Payments Views - A New Glenbrook Blog

Over the last few days, we've been working to bring online another Glenbrook blog - this one called Payments Views. Our goal with Payments Views is for it to be a forum for commentary about the world of payments - complementing the news of the day coverage we provide here on Payments News.

In a post today on Payments Views titled "Who Wants to be (Half) a Millionaire?", Glenbrook's Bryan Derman reacts to an article titled "Banking for Dummies" by Michael Kinsley in today's Washington Post. Bryan welcomes your comments - particularly from those in the investment community.

As with Payments News, you can subscribe to Payments Views either via email subscription or RSS feed. And, as always, we welcome your feedback!

Global Payments Introduces Global HomeCurrencyPay in India

Global Payments Asia-Pacific Limited, a joint venture between The Hongkong and Shanghai Banking Corporation and U.S.-based Global Payments has introduced its Global HomeCurrencyPay service to merchants in India, following the earlier launch of this dynamic currency conversion service in China, Malaysia and Taiwan. READ MORE »

GSMA, Gates Foundation Partner on Mobile Financial Services

The GSMA and the Bill & Melinda Gates Foundation have announced an innovative program that "will expand the availability of financial services to millions of people in the developing world through mobile phones. The Mobile Money for the Unbanked (MMU) programme, supported by a US$12.5 million grant from the foundation, will work with mobile operators, banks, microfinance institutions, government and development organizations to encourage the expansion of reliable, affordable mobile financial services to the unbanked." READ MORE »

Barclaycard Reveals Valentine's Day Spending in UK

Barclaycard Payment Acceptance in the UK says that "British shoppers are still willing to splash the cash on their loved ones at Valentine’s. Flowers remain a favourite choice for present giving, with purchases from florists on the 14 February up 168.8 per cent on the week before. Jewellery purchases remain popular, with purchases on Valentine’s Day showing a very strong uplift on the previous week’s sales, an increase of 67 per cent from Saturday 7 February to Saturday 14 February. Meanwhile, spending in restaurants experienced a 20 per cent uplift on the previous week." READ MORE »

Headline News - February 17, 2009

Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers looking to hire payments professionals can post their job openings there as well.

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