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

« April 10, 2011 - April 16, 2011 | Main | April 24, 2011 - April 30, 2011 »

April 21, 2011

Visa Delivers Real-Time Discounts and Promotions to Mobile Consumers When and Where They Shop

Visa logo 140pxVisa has announced with Gap, "a leading global specialty retailer", to deliver real-time discounts and promotions to consumers via SMS text messages. Gap customers who opt-in to participate in the service are notified of money-saving discounts or promotions in real-time while shopping.

GoPayment iPad App Now Available in the Apple App Store

Intuit logo 140pxIntuit has announced that its iPad-optimized GoPayment app is now available on the App Store.
This optimized version of the GoPayment app makes mobile payments easier with a new layout that takes full advantage of iPad's large, high-resolution display and Multi-Touch interface. It also includes new features such as the ability to add product photos, making it easier to find a product and complete a sale. GoPayment is also compatible with the free Intuit Credit Card Reader letting users save time by swiping credit cards instead of entering card data manually.

Capital One Reports 1Q2011 Financial Results

CapitalOne logo 140pxCapital One has reported first quarter 2011 financial results. In its credit card business, first quarter Domestic Card purchase volumes grew $3.0 billion, or 13.8%, from 1Q2010 but declined by $2.0 billion, or 7.3%, compared to 4Q2010 due to seasonal patterns. The net charge-off rate for Domestic Cards improved 108 basis points to 6.20% from 7.28% in the prior quarter.

April 20, 2011

American Express Announces First Quarter 2011 Financial Results

Amex logo 140pxAmerican Express has reported financial results for the first quarter 2011. Net income was $1.2 billion, up 33% from $885 million a year ago.
“Record earnings this quarter reflect credit quality and billed business trends that are among the best we’ve seen,” said Kenneth I. Chenault, chairman and chief executive officer, American Express. “Cardmember spending was up 17 percent, with broad-based strength across all our businesses segments. After several years of decline, our lending portfolio leveled off and total revenues grew at the healthiest pace since before the recession.

April 19, 2011

Glenbrook to Speak at Upcoming Chicago Federal Reserve Conference

GP Logo Horizontal 140pxGlenbrook's Erin McCune will be speaking at the upcoming Chicago Federal Reserve conference May 19-20 focused on "The New Face of Retail Payments: Markets, Strategies, and Regulations." She'll be discussing social payments and emerging social-mobile payment business models along with panelists from Verifone, PayPal, and VISA. If you haven't registered for the Chicago Fed's 11th Annual Payments Conference you can do so here - but do so soon, as there are limited spaces and the conference is sure to sell out.

BillFloat and Online Resources Announce Partnership

Billfloat logo 140pxBillFloat has announced that it has entered into an agreement with Online Resources Corporation. "Under the strategic agreement, Online Resources will extend its biller-direct suite of electronic bill payment, presentment and receivables solutions by marketing BillFloat as a consumer payment option. BillFloat helps consumers avoid late fees, bank overdraft charges and expensive loans when paying critical bills during a cash flow crunch."

April 18, 2011


News View

Payments Consultants