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July 13, 2017

Headline News from PaymentsNews.com - July 13, 2017

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide!

ON THE WEB

  • As Apple Warms to PayPal, Investors Cheer - Barron’s Next - "More importantly, though, it signals that future partnerships with Apple could be on the way. The ultimate goal would be for PayPal to work with the iPhone’s NFC capabilities, so that users could use PayPal on their phones to pay for in-store items."
  • Google awaiting RBI nod to begin mobile payments service: NPCI - New Indian Express - "Google has completed the testing of its Unified Payments Interface (UPI) payment service and is awaiting Reserve Bank of India’s (RBI) approval to launch its service in the country, according to National Payments Corporation of India managing director and chief executive officer A P Hota."
  • Swiss private bank Falcon introduces bitcoin asset management - Reuters - " Wealthy clients of Swiss private bank Falcon will be able to store and trade bitcoins via their cash holdings with the bank from Wednesday, a move that signals the traction the virtual currency is gaining even in slow-changing asset management."
  • Complexity, Glitches Hindering Digital Strategies: Survey - Wall Street Journal CIO Journal - "Cloud computing, artificial intelligence and other digital tools have many corporate IT workers toiling for several hours a day with performance issues, negatively impacting innovation efforts as well as the bottom-line, a recent survey found."

ON THE WIRES

  • American Express Introduces Enhanced Business Travel Account to Help Companies Manage the Reality of Business Travel - "Today, American Express (NYSE:AXP) announced the launch of its enhanced Business Travel Account (BTA), which gives companies greater control and more visibility into their business travel expenses. The addition of Virtual Account Numbers in the refreshed product centralizes more types of business travel spending into a single account. The virtual account feature works with the existing booking processes of Travel Management Companies through support from Conferma¹, a leading virtual service provider, and now allows for booking of hotels and low-cost airlines¹."
  • Elavon Introduces Innovative Billing Solution to Solve Confusion around Healthcare Bills - "Elavon, a leading global payments provider and subsidiary of U.S. Bancorp (NYSE:USB), is improving the healthcare bill payment process for hospitals, health systems, and patients alike with the launch of One Bill, a consumer-friendly, electronic billing solution available through Payment Navigator®, powered by InstaMed."
  • Cubic and Transport for London’s Payment Integration System Completes One Billionth Contactless Journey - "Cubic Transportation Systems (CTS), a business unit of Cubic Corporation (NYSE:CUB), today announced a successful milestone with partner Transport for London (TfL) of reaching one billion pay-as-you-go journeys using contactless bankcard and mobile payments across London’s transportation network. Launched in 2012, Cubic and TfL’s successful payment system, which continues to revolutionize mobility in London, is set to see the technology adapted and expanded to additional cities and transform their transportation networks in the future."

GLENBROOK PAYMENTS EDUCATION EVENTS

Understanding the accelerating pace of change in the payments industry has never been more important. Get the knowledge you need fast at one of our two day Payments Boot Camps. Our one day Insight Workshops follow each Boot Camp and are deep dives into key topics. Take a discount for attending all three days. Here's our fall schedule:

  • Payments Boot Camp, October 3-4, 2017, San Jose, CA, Logistics
  • Payments Boot Camp, October 17-18, 2017, NYC, NY, Logistics
  • Payments Boot Camp, December 5-6, 2017, Palo Alto, CA, Logistics
  • Global Payments, October 5, 2017, San Jose, CA, Logistics
  • Digital Payments, October 19, 2017, NYC, NY, Logistics
  • Innovation in Payments, December 7, 2017, Palo Alto, CA, Logistics
  • For more, click here. We hope to see you soon!

    Bring your colleagues along! Group discounts are available. For more information or to learn about our private workshops conducted at your location, contact Glenbrook's Russ Jones.

    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!

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