Payments News from Glenbrook Partners
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Paytm

Welcome to the News View for "Paytm".

Here, on these archive pages, you'll find all of the articles on Payments News for Paytm 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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June 27, 2016

Headline News from PaymentsNews.com - June 27, 2016

Headline News is brought to you by RS Software. To learn more about why RS Software is the choice for leading payments companies around the world, click here!

ON THE WEB

ON THE WIRES

  • MasterCard Commits to the Inclusion of 40 Million Micro and Small Merchants - “Real financial inclusion happens when people can use their new financial accounts to do what many of us take for granted,” said Ajay Banga, president and CEO of MasterCard. “Helping micro and small merchants connect to electronic payments will accelerate adoption and usage of new financial tools for the unbanked and will have a true impact on people’s daily lives.”
  • Wells Fargo to Offer Real-Time P2P Payments to 17 Million Mobile Customers - "Beginning August 1, Wells Fargo’s service will allow its customers to send funds in real-time at no cost to any customer of a bank that participates in the real-time service, which operates on Early Warning’s clearXchange™ network. Wells Fargo customers can already receive real-time payments at no cost from customers at any bank participating in the network."
  • New FIDO Certified Bluetooth Solution for Secure Mobile Internet Usage - " Infineon Technologies AG today announced the first FIDO-certified Bluetooth low energy (BLE) reference design for wireless authentication tokens. By using such a token in addition to their password, consumers can conveniently and securely authenticate their online activities on mobile devices."

GLENBROOK PAYMENTS EDUCATION EVENTS

Our next Glenbrook payments education events are coming this fall - in Palo Alto, CA and New York City - we hope to see you there!

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.

COMING UP IN ATLANTA ON FRIDAY, JULY 15

TAG FinTech presents: Lunch & Learn on Real Time Payments - After years of discussion, the notion of faster payments in the U.S. is rapidly becoming reality thanks to the efforts of the Federal Reserve's Payments Improvement Task Force and its participating firms. These new systems could fundamentally change how we think about person to person transfers as well as business payments. Of these efforts, The Clearing House's real-time payments initiative is among the furthest along and most ambitious. Get the details on its functionality, rollout and potential uses. Glenbrook's Elizabeth McQuerry is moderating the session.

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!

May 05, 2016

Headline News from PaymentsNews.com - May 5, 2016

ON THE WEB

ON THE WIRES

  • Samsung Reinvents the Refrigerator - "Groceries by MasterCard – Order groceries online from leading retailers like Fresh Direct and ShopRite and pay for them through a simple, single check-out with any U.S.-issued credit or debit cards."sa
  • GlobalPlatform and FIDO Alliance sign memorandum of understanding to ease identity authentication - "The two industry associations are working to ease FIDO authenticator development on GlobalPlatform-based secure component products. This will enable service providers to efficiently incorporate user authentication features – such as voice recognition and biometrics – as part of their GlobalPlatform-secure deployments."

GLENBROOK PAYMENTS EDUCATION EVENTS

Our next Glenbrook payments education events are coming up in May - both in Palo Alto, CA - we hope to see you there!

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!

May 02, 2016

Headline News from PaymentsNews.com - May 2, 2016

ON THE WEB

  • Data Analytics, Lending, and the Next 100 Million Borrowers - PaymentsViews.com (George Peabody) - "This Payments on Fire podcast with Lenddo.com’ s founder Jeff Stewart takes a look at lending in developing countries, social and mobile data sources, and examines the algorithmic “black box” that is at the heart of the company’ s approach to making credit decisions in “thin file” markets."
  • Inside the Secret Meeting Where Wall Street Tested Digital Cash - Bloomberg - "The event -- announced in a statement this Monday -- marked a key moment in the evolution of blockchain, notable both for what was achieved, as well as how many firms were involved."
  • Circle Then and Now: Bitcoin’s Early Champions Challenge a Blockchain World - CoinDesk - "[Circle] was not positioned as a bitcoin thing, it was [about] making money work," Allaire said. "It was positioned as a way to move value around. We tried to define the product around instant money, and underneath it was bitcoin."
  • Australian Entrepreneur Says He Created Bitcoin, but Doubts Persist - New York Times - "Craig Steven Wright, a computer entrepreneur, told the BBC, The Economist and GQ that he was the currency’s founder. He said he had been forced to come forward because so many people were pursuing him."
  • 60 Minutes: Shaking Up the Financial Industry - CBS News - "Lesley Stahl meets some of the fintechies challenging the establishment, seeking to reinvent nearly every aspect of modern banking" - features Stripe
  • The Business Blockchain - AVC (Fred Wilson) - "If you think you might want to start a business based on blockchain technology or if you think blockchain technology is going to reshape a market you are working in, or if you just want to understand this thing that your son or daughter is obsessed about, then this is a great book to read." - see book on Amazon.com
  • Silicon Valley Looks at Something New: Starting a Bank - Wall St. Journal - "Warburg Pincus’s new bet on the future of banking borrows from the industry’s past. The New York firm is leading an investment round of more than $27 million in San Francisco-based Varo Money Inc...."
  • Tencent backs down in mobile payments war with Alibaba - FT.com - "The shift marks a partial de-escalation of its market-share battle with Alipay, the payment service run by Alibaba’s financial affiliate Ant Financial."
  • Paytm banks on Wipro to ensure it’s on right side of law - Economic Times - "Wipro will implement core-banking solutions for Paytm and also the programme to manage the integration of other key systems like anti-money laundering and regulatory reporting solutions."

ON THE WIRES

  • Chain and Global Financial Firms Unveil Open Standard for Blockchain - "Chain, Inc., a leading provider of blockchain technology, today announced the public release of Chain Open Standard 1 (Chain OS 1), an open source blockchain protocol developed over the last 18 months through a unique collaboration between the Silicon Valley company and global financial services firms."
  • Fortumo makes a push in Africa, launching payments in Cote d’Ivoire, Ethiopia & Senegal - "In Cote d’Ivoire, Ethiopia and Senegal the percentage of bank card owners is only 2%. At the same time, carrier billing is available to any prepaid or postpaid mobile account owner. This means merchants using carrier billing can reach a paying audience twenty times bigger than with traditional payment methods."

GLENBROOK PAYMENTS EDUCATION EVENTS

Our next Glenbrook payments education events are coming up in May - both in Palo Alto, CA - we hope to see you there!

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!

December 16, 2015

Headline News from PaymentsNews.com - December 16, 2015

On the Web

  • Merchants Go on Offense in Digital Payments - PaymentsViews.com (Bryan Derman) - "We are now seeing that economic leverage gradually imposed on the rest of the payment value chain (short-circuiting network fees through negotiated, bilateral interchange) in a way that more fully reflects their importance of major retailers in the dominant consumer sector of the U.S. economy."
  • Federal Reserve issues FOMC statement - "Given the economic outlook, and recognizing the time it takes for policy actions to affect future economic outcomes, the Committee decided to raise the target range for the federal funds rate to 1/4 to 1/2 percent."
  • Braintree Drives Commerce Forward with Facebook Messenger and Uber - Braintree Blog - “We are excited to partner with Braintree to offer users increased convenience, flexibility, and security,” said P.J. Linarducci, Facebook Head of Payment Products.
  • Australia banks agree Android Pay deal, Apple Pay still frozen out - Reuters - "It's a big bargaining chip for (Australian) banks to use to force a better deal with Apple," said Foad Fadaghi, managing director of technology research firm Telsyte.
  • Paytm’s Founder On Its Online-To-Offline Strategy In India - TechCrunch - "In India, Paytm also wants to position itself as a better option than credit cards, which are slowly gaining in popularity but still used by relatively few Indian consumers."
  • Asia-Pacific Is Home to Majority of World Retail Ecommerce Market - eMarketer - "For the first time, the region will not only have the largest digital retail market in the world, but its share of global digital retail spend will also reach 52.5%—the first time it holds an outright majority of the world market."

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 15, 2015

Headline News from PaymentsNews.com - December 15, 2015

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 29, 2015

Headline News from PaymentsNews.com - September 29, 2015

It's Time to Register! Upcoming Payments Boot Camps!

  • Glenbrook's fall season of payments education kicks off in October with two sessions of our Payments Boot Camp - one in the San Francisco Bay Area on October 13-14 and the other in New York City on October 20-21. Glenbrook's Russ Jones is now leading this important payments education curriculum - he'd love to meet you at one of these sessions. Contact Russ directly if you have any questions.

On the Web

  • U.S. court hears challenge to $5.7 billion Visa, MasterCard settlement - "A lawyer for retailers including Target and Amazon.com urged the 2nd U.S. Circuit Court of Appeals in New York to reject the deal, saying it forces merchants to give up their rights to sue over various policies and practices."
  • As Online Data Theft Escalates, Banks Look to Retailers to Bear the Losses - New York Times - "Retailers and banks are spending billions of dollars to upgrade to the new chip cards. While they hope the cards will slam the door on criminals obtaining financial data that can be used to create and sell counterfeit cards, they warn that other windows for fraud will remain wide open."
  • Chip Cards Will Require Users to Dip Rather Than Swipe - New York Times - "For several seconds, slightly longer than most people may be used to, cards are inserted and left in the cashier’s payment terminal, which uses the chip to determine whether the card is legitimate."
  • Review: Samsung Pays Where Apple Can’t - Wall St. Journal - "But Samsung Pay faces an unusual hurdle: awkwardness. Attempting to use it for the past few weeks, I got the stink-eye from many merchants, as if I were some kind of con artist or hacker."
  • Mexico's Payment Restrictions Now Cover Bitcoin - CoinDesk - "Mexico's Secretariat of Finance and Public Credit (SHCP) has clarified its stance on bitcoin, deeming it a means of payment whilst placing a series of restrictions on transactions involving the digital currency."

On the Wires

Glenbrook's 2015 Payments Education

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 20, 2015

Headline News from PaymentsNews.com - August 20, 2015

On the Web:

On the Wires:

  • Discover Announces Strategic Network Service Agreement with Brazilian Domestic Card Network, Elo - “Discover has a long-standing history of leveraging its unique payments infrastructure to create mutually beneficial relationships around the globe,” said Joe Hurley, Senior Vice President Global Business Development, Discover Network. “Striking an agreement with Elo offers great benefits to both companies, most importantly, Elo Global cardholders will have the ability to use their card of choice when traveling abroad.”
  • TSYS Launches New Suite of Business Intelligence Products - "At TSYS, we are revolutionizing how our clients turn data into results by understanding the need to better integrate analytics into business strategies," said Kim Ohlrogge, group executive of Global Product, TSYS. "We view analytics as a key focus for future innovation and are working to address the time and usability challenges many issuers have today with their existing dashboards and reporting tools."

Glenbrook's 2015 Payments Education

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, 2015

Headline News from PaymentsNews.com - March 13, 2015

On the Web:

On the Wires:

Glenbrook's 2015 Payments Education Update!

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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