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Money Transfer

Welcome to the News View for "Money Transfer".

Here, on these archive pages, you'll find all of the articles on Payments News for Money Transfer listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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December 09, 2014

Headline News from PaymentsNews.com - December 9, 2014

On the Web:

On the Wires:

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!

November 10, 2014

FinCEN Highlights Expectations on Providing Banking Services to Money Services Businesses

FinCen logo 100pxIn a press release this morning titled "FinCEN Statement on Providing Banking Services to Money Services Businesses", FinCEN has reiterated " expectations regarding banking institutions’ obligations under the Bank Secrecy Act for money services businesses."

Noting industry concerns that banks are indiscriminately terminating the accounts of all MSBs, or refusing to open accounts for any MSBs, FinCEN commented:

FinCEN does not support the wholesale termination of MSB accounts without regard to the risks presented or the bank’s ability to manage the risk. As noted, MSBs present varying degrees of risk, and not all money services businesses are high-risk. Therefore, when deciding whether to provide services to an MSB customer, financial institutions should assess the risks associated with that particular MSB customer. A financial institution’s risk assessment should include considering whether customer risks can be managed appropriately and the financial institution should maintain levels of controls commensurate with the customer risks presented. Banks that can properly manage customer relationships and effectively mitigate risks are neither prohibited nor discouraged from providing services to MSB customers, regardless of any MSB’s specific business model.

FinCEN importantly also noted: "However, the Bank Secrecy Act does not require, and neither does FinCEN expect, banking institutions to serve as the de facto regulator of the money services business industry any more than of any other industry. FinCEN recognizes that, as a practical matter, it is not possible for a bank to detect and report all potentially illicit transactions that flow through an institution."

In closing, FinCEN noted: "FinCEN and its regulatory colleagues will continue to monitor trends with respect to the provision of banking services to MSBs and are committed to taking steps to address the wholesale de-banking of an important part of the financial system."d

September 24, 2014

Headline News from PaymentsNews.com - September 24, 2014

On the Web:

On the Wires:

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 10, 2014

Headline News from PaymentsNews.com - September 10, 2014

On the Web:

On the Wires:

  • Bank for International Settlements: Non-banks in retail payments - "In a report published today by the Committee on Payments and Market Infrastructures (CPMI), central bankers examine the role of non-banks in retail payment services and analyse the implications of the growing importance of these entities in retail payments. The report, Non-banks in retail payments, is based on several fact-finding exercises that were conducted to support the analysis..."
  • Fiserv Financial Institution Clients Can Keep their Cards at the Top of the Mobile Wallet with New Tokenization Capabilities - “Fiserv is equipping our clients to meet growing consumer demand for payments from their mobile device, whether they are paying a bill, paying another person or making a purchase. Our partnerships with Visa and MasterCard to support tokenization, and our planned support of tokenization through our own Accel network, are part of our overall commitment to bringing secure and simple digital payment solutions to our clients and their customers.”

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 04, 2014

Headline News from PaymentsNews.com - September 4, 2014

On the Web:

  • Top of Mind Payment Issues in Europe - PaymentsViews.com (Elizabeth McQuerry) - "One overarching point is that even as the Euro serves as a common currency in 18 countries, you really can’t think in terms of “European payment preferences”. Rather, there are German payment preferences, French payment preferences, and so on."
  • McDonald’s preparing for launch of NFC-based mobile payments system - Mobile Commerce Daily - "An internal memo sent to McDonald’s franchises this week informed employees that they must be trained on the near-field communication (NFC) payment systems by Monday, Sept. 15..."
  • Merchants Will Decide The Fate of Apple's Mobile Wallet - Forrester (Denée Carrington) - "To be successful, Apple’s wallet must have a compelling merchant value proposition - like lowering a merchant’s operational costs or helping to drive more revenue - in order to win merchant acceptance and preference at checkout."
  • Top US Colleges Begin Offering Bitcoin Courses - CoinDesk - "Professor Geoffrey Miller taught the first class of NYU’s new course, The Law and Business of Bitcoin and Other Cryptocurrencies, yesterday."
  • Peter Thiel's contrarian strategy - Fortune - "Among students of business, PayPal may be known less for its own success than for the subsequent achievements of the people Thiel helped attract to build it."
  • Episode 565: The Story Of Alibaba - NPR Planet Money Podcast - "You can think of Alibaba like Amazon or Ebay, except you can buy way more on Alibaba — you can get a used 747 airplane, or an oil tanker, or 500 million tiny screws."

On the Wires:

  • FIS Brings Instant P2P Payments Capabilities to EverBank - “EverBank clients want to be able to quickly send payments online or from their mobile phones to friends, family or colleagues, using just an e-mail or mobile number, and they trust us to provide those payment services safely and securely,” said Vincent Amato, EverBank senior vice president and director of banking operations. “FIS People Pay allows us to provide such a service, fully branded to our bank, so our clients have the safe, secure payment services they’re looking for.”
  • Pizza Hut and Visa Checkout Ready to Dish Up A Million Pizzas - “Visa Checkout offers our customers another simple and secure way to quickly order online from Pizza Hut, and we’re excited to be the first pizza company to pass along this convenience to consumers,” said Carrie Walsh, chief marketing officer for Pizza Hut. “With this incredible offer of one million pizzas we think people will be energized to experience this latest technology.”

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, 2014

Headline News from PaymentsNews.com - August 26, 2014

On the Web:

On the Wires:

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 21, 2014

Headline News from PaymentsNews.com - August 21, 2014

On the Web:

On the Wires:

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 19, 2014

Headline News from PaymentsNews.com - August 19, 2014

On the Web:

On the Wires:

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 18, 2014

Headline News from PaymentsNews.com - August 18, 2014

On the Web:

  • Hostility in Payments - LinkedIn (Scott Loftesness) - "The recent entry of Amazon.com into the small merchant mobile POS card acceptance market may signal the last phase of increasing hostility in the US merchant acquiring segment of the card payments business."
  • Host Card Emulation 101 (White Paper) - Smart Card Alliance - "This white paper was developed by the Smart Card Alliance Mobile and NFC Council to provide an educational resource on host card emulation (HCE), describing what it is, how it’s used, how it compares with the secure element (SE)-based card emulation approach, what key considerations are for payment applications, and what security aspects should be considered for HCE-enabled applications."
  • Banks, Retailers Speed Up Drive to Add Chips to Credit, Debit Cards - Wall St. Journal - "Although the cards still have a magnetic strip on the back to be used at merchants that haven't upgraded their technology, the computer chips don't work with a swipe at the register. Instead, shoppers slide the card into the bottom of the terminal and leave it there while the purchase is processed."
  • Three Trends That Will Make A Difference In Mobile Payments - TechCrunch (Alberto Jimenez) - "Those with a history in the mobile payments industry know that it has been a slow (and mostly disappointing) journey."
  • Coinbase Acquires Blockr.io, Welcomes New Staff - Coinbase Blog - "Today, we’re excited to announce that Coinbase has acquired Blockr.io. As part of the acquisition, we’re able to welcome two of its exceptionally talented employees to the Coinbase team: software engineer Sašo Matojina and designer Samo Drole."
  • CFPB Warning Ignores Bitcoin’s Consumer Protections - CoinDesk (Jon Matonis) - "While we should definitely heed the risks within a digital currency environment, just as we heed the risks inherent with physical money, we should be equally aware of the additional financial protections provided by bitcoin that are so critical for maintaining a free society."
  • How Bitcoin might transform international payments — a lifeline for millions - VentureBeat - "Remittance payments are a lifeline. ... Many of the financial institutions that move money back and forth charge exorbitant fees to keep that lifeline open—sometimes ten percent or more."

On the Wires:

  • Simon And Blackhawk Network Expand Relationship With Enhanced Visa Simon Giftcard - "Blackhawk's product gives us access to more consumer demanded features and the new deal will allow consumers to have the added convenience of buying our newly branded Simon Giftcard at participating Blackhawk distribution locations nationwide."
  • Navicure Launches New Patient Payment Platform - “To continue to thrive, healthcare organizations must collect patient payments at or near the time of service and no longer rely solely on patient statements, which can come months after care and long after the patient remembers what procedures were performed."

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 13, 2014

Headline News from PaymentsNews.com - August 13, 2014

On the Web:

On the Wires:

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 11, 2014

Headline News from PaymentsNews.com - August 11, 2014

On the Web:

  • Mobile-Payments Firms Order Up New Strategy: Restaurants - Wall St. Journal Digits Blog - "Priceline’s OpenTable unit, which it bought this year for $2.6 billion, is set to announce Monday it will expand a restaurant-focused payment app nationwide, from a test in about 20 restaurants in San Francisco."
  • Who Wants Automated Fraud Alerts? 91% of People - FICO Banking Analytics Blog - "Banks in the UK and some other countries brought fraud levels much lower, then focused on how to make the purchase process much more streamlined. This has allowed fraud losses to rise."
  • Simplifying the Bull: How Picasso Helps to Teach Apple’s Style - New York Times (Brian X. Chen) - "Steven P. Jobs established Apple University as a way to inculcate employees into Apple’s business culture and educate them about its history, particularly as the company grew and the tech business changed."

On the Wires:

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 01, 2014

Headline News from PaymentsNews.com - August 1, 2014

On the Web:

On the Wires:

  • It's a slow news day! Enjoy your summer!

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!

July 24, 2014

Headline News from PaymentsNews.com - July 24, 2014

On the Web:

On the Wires:

  • LoopPay Secures Investment from Visa Inc. - “Visa continually evaluates and invests in new technologies that have the potential to transform mobile devices into secure payment vehicles,” said Jim McCarthy, senior vice president of innovation and strategic partnerships, Visa Inc. “LoopPay has developed compelling technology that has the potential to enable merchants to accept payments from mobile devices using their existing point-of-sale infrastructure.”
  • Citi® Commercial Cards Joins With Concur® to Offer a New, Enhanced Reporting Solution - We’re excited to partner with Concur, a recognized leader in the industry, to provide these reporting packages to our clients. These enhanced travel reports will not only provide efficiencies for our customers by automating current manual processes, but also enable clients to make key travel program decisions more quickly and with more confidence,” noted Manish Kohli, Citi’s Global Head of Commercial Cards.
  • Discover® Fuels Summer Fun with Cashback Bonus® at Gas Stations - “Discover cardmembers who are commuting or traveling can earn up to $75 Cashback Bonus for the many miles they drive during the summer months,” said Heather L. Roche, vice president of rewards at Discover.

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!

July 17, 2014

Headline News from PaymentsNews.com - July 17, 2014

On the Web:

  • We are excited to announce that Twitter is acquiring CardSpring! - CardSpring Blog - "When we started talking with the Twitter commerce team, we quickly realized our philosophies were perfectly aligned, and by joining them, we’d be able to significantly accelerate our vision."
  • Welcoming CardSpring to the Twitter team - Twitter Advertising Blog - "We’re excited to announce we’ve agreed to acquire CardSpring, a payments infrastructure company that helps merchants work with leading publishers to create online-to-offline promotions."
  • Coming Soon to Social Media: Click to Buy Now - New York Times Bits Blog - "A Twitter spokesman declined to comment on the imminence of a buy button, but in its blog post about CardSpring, the company teased, “We’ll have more information on our commerce direction in the future.”
  • What the BRICS Tell Us About Payments - PaymentsViews.com (Elizabeth McQuerry) - "Are such state sponsored payments improvements the way to go? Am I prophesying that the end is near for private sector innovation in payments? Certainly not, or at least I hope not."
  • Snapchat may be planning a mobile payment service - iMore.com - "The documents reveal that the ephemeral message service is looking to process peer-to-peer payments, money transfers and online payments."
  • Investors Cash Out Of Payment Technology Startups - TechCrunch - "Even as a clutch of new payment technology companies including Zooz Mobile and Plastiq announce new financing rounds today, it seems like investors are no longer paying out for payment companies."
  • Issuers – Why You Need to Plan for EMV Now - FIS Emerging Payment Strategies Blog - "While EMV is not a silver bullet, it is an improvement over magstripe. It may not have prevented some of the recent major breaches, but it would have reduced overall damage since there would have been fewer cards vulnerable to counterfeiting."
  • New York’s New Bitcoin Rules Are Going to Kill Its Startups - Wired - "Is New York about to drive these startups out of town by clubbing them with onerous regulations before they can walk? Quite possibly."

On the Wires:

  • NY DFS Releases Proposed Bitlicense Regulatory Framework for Virtual Currency Firms - "Benjamin M. Lawsky, Superintendent of Financial Services, today announced that the New York State Department of Financial Services (DFS) has issued for public comment a proposed “BitLicense” regulatory framework for New York virtual currency businesses. The proposed regulatory framework – which is the product of a nearly year-long DFS inquiry, including public hearings that the Department held in January 2014 – contains consumer protection, anti-money laundering compliance, and cyber security rules tailored for virtual currency firms."
  • CU Wallet Reports Record Growth, 65 Credit Unions Join Mobile Wallet Movement - "Collaboration among credit unions continues to be one of our industry's greatest strengths,” said Keith Sultemeier, president and CEO of Kinecta Federal Credit Union. “The CU Wallet platform makes collaboration easy and efficient, but still allows credit unions to tailor the member experience."
  • CashStar Launches Digital Gift Card Solution for Google Wallet - “With the rapid growth of omni-channel retail, digital gifting and smartphone adoption, CashStar’s vision is not ‘mobile first’ but rather ‘mobile everything,’” said Ben Kaplan, president and CEO of CashStar.
  • MasterPass Now Live in 10 Countries with Launches in Poland and South Africa - “We’re extremely excited about new capabilities and delivering on the MasterPass vision of a fully integrated digital payments ecosystem that enables convenient, simple, fast and secure payments anytime, anywhere,” said Vib Prasad, Group Head, MasterPass at MasterCard.
  • WEX Inc. Announces Signing of Definitive Purchase and Sale Agreement Related to the Acquisition of ExxonMobil’s Esso Card Program - “The purchase of the Esso Card portfolio remains an important element to building our on-the-ground presence in the European market, and enhances WEX’s long-term growth profile. Our efforts to advance this transaction remain on track and position us to create a substantial and profitable European footprint,” said Melissa Smith, WEX’s president and chief executive officer.

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!

April 17, 2014

Walmart Introduces New Money Transfer Service Powered by Ria

Walmart 140pxWalmart has announced a new Walmart-2-Walmart Money Transfer Service - calling it a "new low-cost service allows customers to transfer money to and from more than 4,000 Walmart stores nationwide for up to 50 percent less than similar offerings on the market."

After listening to our customers complain about the high fees and confusion associated with transferring money, we knew there had to be a solution,” said Daniel Eckert, senior vice president of services for Walmart U.S.

“Walmart-2-Walmart brings new competition and transparent, everyday low prices to a market that has become complicated and costly for our customers. We’re doing what we do best - launching a new service that challenges the status quo and drives down prices for our customers.”

Walmart says the new service "offers a clear fee structure with just two pricing tiers: customers can transfer up to $50 for $4.50 and up to $900 for $9.50. Competitive offerings often include 10 or more fee tiers and charge up to $70 for transferring less than $1,000. Money transfers above $50 make up the majority of transactions in the U.S."

Walmart-2-Walmart is powered by Ria, a Euronet subsidiary and a global provider of money transfers. Ria is the licensed money transfer operator for all Walmart-2-Walmart transactions, and Walmart acts as the authorized agent of Ria.

March 18, 2014

Headline News from PaymentsNews.com - March 18, 2014

On the Web:

On the Wires:

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!

March 13, 2014

Headline News from PaymentsNews.com - March 13, 2014

On the Web:

  • Introducing Xapo - Xapo Blog - "At Xapo, we understand that Bitcoin’s ultimate success will be based on trust – both in the currency itself and in the industry’s security and service providers."
  • Building the Fort Knox for Bitcoin - wall St. Journal - "A Silicon Valley startup called Xapo is among a handful of young companies trying to become the Fort Knox of bitcoin, building secret bank vaults deep in the earth that would safely store millions of dollars worth of bitcoin code on computer drives."
  • New York BitLicense Order - Virtual Currency Report - "While the latest NYDFS statements leave a lot of unanswered questions and do not provide a clear path forward for virtual currency firms, it appears on balance to be a step forward for those virtual currency exchanges seeking licensure in New York."
  • Missed Alarms and 40 Million Stolen Credit Card Numbers: How Target Blew It - Bloomberg BusinessWeek - "The biggest retail hack in U.S. history wasn’t particularly inventive, nor did it appear destined for success."
  • What is Apple’s commerce and payments strategy? - Mobile Commerce Daily (Tim Dunn) - "The stars are aligning for Apple to make a dynamic move into the commerce and payments space."
  • Bank of England: Digital Currencies are Similar to Commodities - CoinDesk - "“Digital currencies are not at present widely used as a medium of exchange. Instead, their popularity largely derives from their ability to serve as an asset class..."
  • Flypay Raises £1M To Make Settling Your Restaurant Bill “Waiter-Free” - TechCrunch - "Aiming to get the time it takes to ask for and settle a restaurant bill down from an average of ten minutes to closer to a minute, you simply scan an on-table QR code/NFC tag to first recall the bill."
  • How Real Is Loyalty and Rewards Fraud? - "The threat of fraud to rewards programs is real, and financial institutions and retailers must be cautioned about relaxing their guards just because a surge in fraud has yet to occur."

On the Wires:

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!

March 12, 2014

Headline News from PaymentsNews.com - March 12, 2014

On Twitter:

On the Web:

On the Wires:

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!

March 10, 2014

UK Payments Council Details New Paym Mobile Payments Service

Paym logoThe UK Payments Council has announced that its new secure way for consumers to pay using just a mobile number will be called Paym [pronounced “Pay Em”] and has released the brand's logo as well.

According to the press release, "final testing for Paym is on track and the launch date will be announced in April, when participating banks and building societies will be able to use the logo. The industry-wide collaborative project is the first service with the potential to link up every current account in the country with a mobile number."

Adrian Kamellard, Chief Executive of the Payments Council, said:

We’re all used to the idea of a ‘mobile update’ to improve our apps - Paym is a mobile update for payments that means you can pay securely using just a mobile number. Paym will make it easier to repay a friend for cinema tickets, split a restaurant bill or settle up for a colleague’s birthday collection.”

“Paym is a great example of industry-wide collaboration that delivers tangible benefits for customers. The service has the potential to link up every bank account in the country with a mobile number - millions of people will be able to use it this year and we look forward to expanding Paym even further, so everyone can benefit from this easy, secure new way to pay.”

Paym will be integrated into customers’ existing mobile banking or payment apps as an additional way to pay, making it possible to send and receive payments using just a mobile number. At launch, customers of nine bank and building society brands - Bank of Scotland, Barclays, Cumberland Building Society, Danske Bank, Halifax, HSBC, Lloyds Bank, Santander and TSB Bank - will be able to use the new service.

February 11, 2014

Headline News from PaymentsNews.com - February 11, 2014

The second edition of our book "Payments Systems in the U.S." has just been published. It's available in print from Amazon.com and in an ebook version for your iPad.

On the Web:

On the Wires:

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!

February 10, 2014

Headline News from PaymentsNews.com - February 10, 2014

The second edition of our book "Payments Systems in the U.S." has just been published. It's available in print from Amazon.com and in an ebook version for your iPad.

On the Web:

On the Wires:

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!

January 29, 2014

Headline News from PaymentsNews.com - January 29, 2014

The second edition of our book "Payments Systems in the U.S." has just been published. It's available in print from Amazon.com and in an ebook version for your iPad.

On the Web:

On the Wires:

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!

January 23, 2014

Headline News from PaymentsNews.com - January 23, 2014

Next Glenbrook Payments Boot Camps: Feb 4-5 in Palo Alto, CA; March 18-19 in New York City. Alternatively, you can request a private Payments Workshop held on-site at your location.

On the Web:

On the Wires:

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!

January 20, 2014

Headline News from PaymentsNews.com - January 20, 2014

Next Glenbrook Payments Boot Camps: Feb 4-5 in Palo Alto, CA; March 18-19 in New York City. Alternatively, you can request a private Payments Workshop held on-site at your location.

On the Web:

On the Wires:

  • McDonald’s Launches McD App for Smartphones Throughout Northern Nevada Area - "McD App utilizes location-based services to provide consumers with deals and offers accessible direct from their mobile device and has the ability to tailor future offers and deals based on a user’s preferences and purchasing behaviors."

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!

January 09, 2014

Headline News from PaymentsNews.com - January 9, 2014

Next Glenbrook Payments Boot Camps: Feb 4-5 in Palo Alto, CA; March 18-19 in New York City. Alternatively, you can request a private Payments Workshop held on-site at your location.

On the Web:

On the Wires:

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!

January 07, 2014

Headline News from PaymentsNews.com - January 7, 2014

Next Glenbrook Payments Boot Camps: Feb 4-5 in Palo Alto, CA; March 18-19 in New York City. Alternatively, you can request a private Payments Workshop held on-site at your location.

On the Web:

  • Explain Bitcoin Like I’m Five - Medium (nikSter) - "We didn’t need a third person there to help us make the transfer. We didn’t need to pull in Uncle Tommy (who’s a famous judge) to sit with us on the bench and confirm that the apple went from me to you."
  • Bitcoin Series 15 - The discontinuity that is bitcoin - Ledra Capital - "Bitcoin is like that. It won't replace the financial system, the Fed or the nation-state. It will supplement the financial system in a big and important way, push it to be more innovative and efficient and, finally, will merge with it, in the same way that IP delivery has crept into telephony and video infrastructure over time."
  • German Central Bank Official Issues Another Bitcoin Warning - CoinDesk - "He stressed that regulators and central bankers across Europe are discussing bitcoin and trying to raise public awareness, but so far no concrete action has been taken, apart from public warnings."
  • Bitcoin me: How to make your own digital currency - Guardian - "It turns out, though, that cloning bitcoin is actually harder than it looks."
  • Bezos-backed money transfer startup Remitly lands $5.5M - GeekWire - "A TechStars Seattle grad formerly known as BeamIt Mobile, Remitly has created a cheaper and faster method for individuals to send money across borders."
  • 8 Retail Predictions in “Store” for 2014 - VeriFone Blog - "As it is the start of the year we thought we would have a look at some of the issues that will be impacting retail stores in 2014 and try and predict some of the trends and challenges we’ll see along the way as retailers respond."

On the Wires:

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!

December 23, 2013

Headline News from PaymentsNews.com - December 23, 2013

Webinar: Managing Cardholder Data Security Risks in an Evolving Payments Landscape - Be sure to join Glenbrook's Bryan Derman, BakerHoestetler's Craig Hoffman and Mandiant's Marshall Heilman for this webinar on January 15 from 2-3:30 PM Eastern time. Registration is now open.

On the Web:

On the Wires:

  • MoneyGram Reaches 200 Country Network Milestone - “This is an important achievement in our continuous efforts to strengthen our network and to reach more customers across the globe,” says Pamela H. Patsley, chairman and chief executive officer at MoneyGram.

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!

December 17, 2013

Headline News from PaymentsNews.com - December 17, 2013

In addition to tracking the daily news of the payments world here on PaymentsNews.com, we can also provide you and your organization with monthly and quarterly market scans - contact me to learn more about this unique service customized to your special needs.

On the Web:

On the Wires:

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!

December 04, 2013

Headline News from PaymentsNews.com - December 4, 2013

On Twitter:

On the web:

On the wires:

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!

November 11, 2013

Headline News from PaymentsNews.com - November 11, 2013

On Twitter:

On the web:

On the wires:

Updates from Glenbrook:

  • Looking for consulting help from Glenbrook? Let us know your needs here - and we'll get right back to you!
  • Join Glenbrook's Carol Coye Benson and Scott Loftesness for our Glenbrook Payments Boot Camp on December 10-11th in Palo Alto, California!
  • Glenbrook's Jacqueline Chilton will be speaking social media and payments at the W.net Northern California LINC Networking event being held November 14 at Google.
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

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