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Headline News from - July 10, 2017

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


  • Finance Chiefs Want You to Use Plastic, Not Paper - Wall Street Journal (Paywall) - "Companies are giving more of their employees corporate credit cards as they seek easier expense tracking and savings from suppliers."
  • With Breaches, Companies Find They Have Met the Enemy, And He Is Us - Digital Transactions News - "Fearing retribution, employees hid security incidents in 40% of companies surveyed. The larger the business, the greater the risk staffers would remain mum. Among businesses with 49 or fewer employees, the incident rate was 29%. But in enterprises, defined as companies with more than 1,000 employees, it was 45%, It wasn’t much better, at 42%, among businesses with 50 to 999 employees."
  • Now pay taxes, apply for PAN via CBDT mobile app - LiveMint - "The app is in the series of actions taken by the Central Board of Direct Taxes (CBDT) to provide better taxpayer services and reduce grievances. The new initiative is a step by the I-T department to directly communicate with the taxpayers on a range of multiple informative and useful tax services aimed at providing tax information at their fingertips."
  • Ripple's XRP: Giving the Third-Largest Cryptocurrency a Second Look - Coindesk - "Among investors, Ripple is one the most divisive cryptocurrencies around – it's either loved or despised, both with equal passion. Even more than ethereum, I believe, it's misunderstood because it's so different from bitcoin. But, being number three in market cap (actually number two, but more on that later), I can't really avoid writing about it."
  • Dear Wirecutter: Are RFID-Blocking Wallets Necessary? - The WireCutter - "RFID is a real thing, and RFID-blocking wallets do block it—but the question is “does it matter”? We weren’t able to find any credible reports of actual, real-world RFID identity or credit card theft. It may be happening—it would be very hard to precisely identify if it were—but it’s certainly not widespread. It makes for a nifty demonstration by a hacker, but as Snopes notes, in 2010 the Identity Theft Resource Center had never seen a case—and it still doesn’t recommend RFID protection. Slate also notes that modern RFID chips generate single-use codes, and if your card is used fraudulently, your bank should back you up."



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  • 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.


    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:!

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