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Remittances

Welcome to the News View for "Remittances".

Here, on these archive pages, you'll find all of the articles on Payments News for Remittances 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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April 08, 2014

Headline News from PaymentsNews.com - April 8, 2014

New on PaymentsJobs.com:

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 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!

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 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!

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!

October 31, 2013

FIS Study Finds Consumers Want Immediate, Real-time Payments

FIS logo 140pxFIS has announced results of the third phase of a consumer banking behavior study finding that "consumers who transfer money person-to-person -- especially those sending money overseas -- want to make those transactions immediate; and, while young consumers are more likely to be among the early adopters of real-time payments, most importantly, they want the process to be convenient and easily accessible."

Real-time payments are clearly the future of money movement, according to the consumer demands laid out by our data,” said Anthony Jabbour, EVP, North American Financial Institutions, FIS.

“As the research has shown, people trust their financial institutions to bring them real-time payment solutions, but they will use other avenues if their bank can’t meet their needs. For that reason, financial institutions must adapt to keep step with their customers and not fall behind non-bank competitors.”

The study, conducted by global market research provider Ipsos Vantis, on behalf of FIS, gauged consumer sentiments and potential economic value for banks that instantly authorize transactions in four key market groups: outbound foreign money transfer users, account-to-account (A2A) transfer users, person-to-person (P2P) payment users and online bill payers.

Faster payment was rated as being important by 80 percent of outbound foreign money transfer users, because it provides both senders and recipients with peace of mind. The majority (58 percent) of A2A users also want to be able to transfer their money between accounts quickly and a large percentage (41 percent) of P2P users want recipients to be able to access funds immediately. Potential adopters of outbound foreign money transfer and P2P real-time payments most often want to use real-time applications to send money -- as gifts, payments, for emergencies and more -- to family members and friends.

Another significantly desired convenience is the ability to enter a recipient’s email address or phone number to route a transaction instead of a long series of bank and checking account numbers. Demand for this convenience is particularly strong among younger generations. Fifty-five percent of Gen Y and 43 percent of Gen X consumers stated they would be more likely to use real-time payments if they could transfer funds in this way.

August 21, 2013

Headline News from PaymentsNews.com - August 21, 2013

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. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

July 25, 2013

Headline News from PaymentsNews.com - July 25, 2013

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. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

July 08, 2013

Headline News from PaymentsNews.com - July 8, 2013

On the web:

On the wires:

Upcoming from Glenbrook:

  • Summer Camp! - A special summer session of our popular Payments Boot Camp - in Half Moon Bay on August 6th and 7th... Also, an optional half day course on Data In Payments - August 8th, also in Half Moon Bay. Join Carol, Scott and Russ for lively, interactive sessions - register now!
  • Follow Glenbrook Partners on LinkedIn! -

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!

July 03, 2013

Headline News from PaymentsNews.com - July 3, 2013

On the web:

On the wires:

Upcoming from Glenbrook:

  • Summer Camp! - A special summer session of our popular Payments Boot Camp - in Half Moon Bay on August 6th and 7th... Also, an optional half day course on Data In Payments - August 8th, also in Half Moon Bay. Join Carol, Scott and Russ for lively, interactive sessions - register now!
  • Follow Glenbrook Partners on LinkedIn! -

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!

July 02, 2013

Headline News from PaymentsNews.com - July 2, 2013

On the web:

On the wires:

Upcoming from Glenbrook:

  • Summer Camp! - A special summer session of our popular Payments Boot Camp - in Half Moon Bay on August 6th and 7th... Also, an optional half day course on Data In Payments - August 8th, also in Half Moon Bay. Join Carol, Scott and Russ for lively, interactive sessions - register now!
  • Follow Glenbrook Partners on LinkedIn! -

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!

June 19, 2013

Headline News from PaymentsNews.com - June 19, 2013

On the web:

On the wires:

Upcoming from Glenbrook:

  • Summer Camp! - A special summer session of our popular Payments Boot Camp - in Half Moon Bay on August 6th and 7th... Also, an optional half day course on Data In Payments - August 8th, also in Half Moon Bay. Join Carol, Scott and Russ for lively, interactive sessions - register now!
  • Follow Glenbrook Partners on LinkedIn! -

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!

May 20, 2013

Headline News - May 20, 2013

On Twitter:

On the web:

On the wires:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

April 18, 2013

Headline News - April 18, 2013

On the web:

On the wires:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

February 18, 2013

December 21, 2012

Payza Launches New Service to Facilitate Money Transfers to Bangladesh

Payza logo 140x60px Payza has announced a new service, SimplySendBD, to facilitate money transfers to Bangladesh.

This new low-cost, convenient and fast online service will enable Payza members to send money to friends and family in Bangladesh, regardless of whether or not they have a Payza account. Earlier this year, Payza became the first online payment processor to be licensed by the country’s central bank, Bangladesh Bank. According to the bank’s estimate, there was more than $14 billion in remittances that entered the country in 2012.

November 14, 2012

Glenbrook Goes Global!

GP Logo Horizontal 140px

Glenbrook is pleased to announce availability of a new private payments workshop on Global Payments.

Focused particularly on cross-border payments, the course is designed to help payments professionals understand this rapidly changing, and highly lucrative, sector of the industry. The Global Payments course is an addition to Glenbrook's extensive list of available private workshops.

Glenbrook's Global Payments course is available as a one-day or two-day session, and can be conducted in person at your premises and/or via a private webinar to reach your global staff groups. The agenda includes:

  • Overview: Key Concepts, Regulation, Foreign Exchange
  • Country Payments Systems - Commonalities and Differences, Key Country Focus
  • Cross-Border Payments: Wires, ACH, Cards, Money Transfer Systems
  • Cross-Border Use Cases - Supplier Payments (B2B), Cross-Border eCommerce, Global Payouts (B2C and G2C), International Remittances

Private workshop clients can choose particular countries they are interested in for the "Key Country Focus" section, as well the particular use cases they want to concentrate on.

Interested? Please take our global payments survey to give us your general feedback. And contact Glenbrook's Elizabeth McQuerry to discuss scheduling a Global Payments workshop for your company.

September 10, 2012

Payments Views - The Good News on International Remittances is...

GP Logo Horizontal 140pxOver on Payments Views, Glenbrook's Elizabeth McQuerry has posted her analysis of the recent Atlanta Fed symposium the approaching February 7, 2013 deadline for compliance with the new Section 1073 rules of the Dodd-Frank Act.

While all the industry providers at the conference asserted that they will be “ready” (many noting that any code changes must be completed by the end of October before the year-end freezes), there was much discussion about degrees of compliance. “Degrees of compliance” is an interesting concept in payments, where often, decision engines generally make yes-no decisions.

May 24, 2012

April 02, 2012

Payments Views - Mobile Money in the Americas

GP Logo Horizontal 140pxOver on Payments Views, our sister blog, Glenbrook's Carol Coye Benson reflects back on her recent trip to the Mobile Money Americas conference in Mexico City.

There is a tremendous attitude of optimism here, and what appears to be a shared belief that these systems can, with proper regulatory support, provide real social good – helping in particular unbanked consumers to get access to ways of keeping, saving, and moving money securely.

The full post, Mobile Money in the Americas: Regulation, Infrastructure and Business Models, is available now.

February 01, 2012

Payments Views - CFPB Final Remittance Rule

GP Logo Horizontal 140pxOver on Payments Views, Glenbrook's Jacqueline Chilton summarizes and reacts to the CFPB Final Remittance Rule that has been issued by the Consumer Financial Protection Bureau. "This rule has considerable implications with both intended and potentially unintended consequences."

August 01, 2011

July 14, 2011

July 13, 2011

May 12, 2011

Fed Proposes New Consumer Protections Rule For Remittance Transfers

FedThe Federal Reserve Board has requested public comment on "a proposed rule that would create new protections for consumers who send remittance transfers to recipients located in a foreign country... The proposal is being made under Regulation E (Electronic Fund Transfers) pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act."

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