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Welcome to the News View for "Twitter".

Here, on these archive pages, you'll find all of the articles on Payments News for Twitter 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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January 17, 2014

Headline News from PaymentsNews.com - January 17, 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:

  • Retailers Urge Appeals Court to Make Federal Reserve Follow the Law - The Merchants Payments Coalition, a group of merchants fighting for a more competitive and transparent bank-card industry, said today: “Judge Leon struck a blow for fairness with his original ruling. We think the evidence will also prove as compelling to the appeals court. We look forward to that court reaffirming the Durbin Amendment as passed and sending the Federal Reserve back to the drawing board to ensure it actually follows the law.”
  • "NRF Asks Appeals Court to Uphold Order for Lower Swipe Fee Cap - "The National Retail Federation today asked an appeals court to uphold a judge’s ruling that the Federal Reserve set its cap on debit card swipe fees far higher than intended by Congress and that the cap needs to be recalculated at a lower level."
  • Retailers Comment On The Data Security Act - "PIN-and-chip cards are widely used across the globe, and it’s time for the bankcard industry in the United States to adopt that technology to better protect our consumers. We must transition away from 1960s technology and adopt a 21st century system that will help reduce and prevent fraud and protect customers from the threat posed by sophisticated cybercriminals, hackers and data thieves."
  • U.S. Bank Announces Plan to Wind Down Checking Account Advance - "U.S. Bank will begin to wind down its short-term, small-dollar deposit advance product, Checking Account Advance, to align with final regulatory guidance issued by the Office of Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC)."
  • FinCapDev 2014 Opens Call for Proposals - “Mobile technology has the potential to expand access to critical financial services and support, improving consumer financial health,” said Jennifer Tescher, President & CEO of the Center for Financial Services Innovation. “That’s what FinCapDev is all about: leveraging that potential and enabling innovators to build products for consumers who want and need better access to high-quality tools and information.”
  • Acculynk Gains Ground in Europe with Secure PIN-Based Authentication Patent Grant - "Acculynk, the first global PIN-debit authentication gateway, announced today that the European Patent Office granted Acculynk patent protection for the company’s propriety process for PIN based authentication over the Internet."

Updates from Glenbrook:

October 28, 2013

Headline News from PaymentsNews.com - October 28, 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 Elizabeth McQuerry will be speaking on New Payments Regulation in Brazil at the International Money Transmitter Conference in Miami, Nov 4-7, 2013.
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

October 14, 2013

Headline News from PaymentsNews.com - October 13, 2013

On Twitter:

On the web:

  • Venmo's Social, Increasingly Hilarious Payments Community - Fast Company - "The shared payment notes give insight into what your friends are up to; they're also often amusing to read."
  • Xerox Glitch Halts Food-Stamp Use - Wall St. Journal - "Shoppers in 17 states were unable to use food stamps and other government aid through debit-style electronic benefits cards for more than 10 hours on Saturday..."
  • Why did we create Wisely? - Wisely Blog - "At Wisely, we’re building the most credible search engine for the physical world, powered by payment data. Why is it the most credible? Because, Wisely brings transparency to how people spend money."
  • Mobile Payments - Two Major Systems Set To Go In The US - Forbes - "Merchants want a system that is secure, won’t steal their data, provides a good marketing platform and the lowest possible cost for transaction. Consumers want something that is secure and simple to use."
  • Not Ready to Adopt Mobile Payments? You're Not Alone - BusinessNewsDaily - "The technology to accept payments via mobile devices is ripe and ready, but a recent industry study shows that it will take at least two more years for mobile payments to truly become mainstream."
  • The Rise of PayPal as a Major Payments Player - Bank Marketing Strategy - "While some of the 'innovation' at PayPal may not seem new or disruptive (such as the use of QR codes), the ability to quickly build scale by using the existing payments infrastructure may be the key to PayPal's success."
  • Small Business Success with PayPal: ChinaTour.Net - PayPal Forward Blog - "...PayPal has helped the ChinaTour.Net online air ticket business avoid an 85% risk of malicious fraud..."
  • Stuck in a Dispute Between PayPal and Itself - New York Times (David Segal) - "If PayPal isn’t the most reviled online company in the country, which is?"
  • Mint Wireless to launch local version of US payments start-up Square - Financial Review (Australia) - "But where Square has built its own user base by selling direct to businesses, Mr Teoh told The Australian Financial Review that Australia’s heavy regulations and existing market structure required them to work through the banks and telcos."
  • Divide and Conquer: Commerce Battlefield - FinVentures (Tom Noyes) - "Banks are NOT the center of commerce, just as my ISP or MNO is not the reason I shop at Amazon."
  • Unbreakable encryption comes to the U.S. - CNNMoney - "As revelations about the depth and breadth of the NSA's digital eavesdropping program continue to come to light, Ohio-based Battelle Memorial Institute is rolling out a new kind of network encryption designed to be virtually un-hackable -- not only now, but in the future."
  • Leading Economist Predicts a Bitcoin Backlash - Mashable - "Simon Johnson, a professor of entrepreneurship at MIT’s Sloan School of Management, expects Bitcoin to face political pressure and aggressive lobbying from big banks because of its disruptive nature."
  • Privacy and fraud dominate discussion at LA bitcoin event - CoinDesk - "All in all, the event signified the fact that bitcoin is growing and that LA area technology enthusiasts are ready to do business with BTC."

On the wires:

Updates from Glenbrook:

June 26, 2013

Headline News from PaymentsNews.com - June 26, 2013

On Twitter:

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! -

June 25, 2010

Russ Jones Looks at Pay With A Tweet

Russ JonesOver on our sister PaymentsViews.com blog, Glenbrook's Russ Jones takes a look at "Pay with a Tweet" - the name of a new payment concept developed by an interactive advertising agency called Innovative Thunder.

A seller registers a URL with Pay with a Tweet that points to some digital content they want to sell, and attaches a tweet to the URL. When a potential buyer comes along, they just click on the “Pay with a Tweet” button which tweets the seller’s message from the buyer and then provides the buyer with access to the underlying digital goods.

April 26, 2010

Following Today's Future of Money Conference

Were you unable to attend today's Future of Money Conference in San Francisco? You can follow attendee tweets about the conference using hashtag #futureofmoney on Twitter.

Follow NACHA's Payments 2010 Conference on Twitter

Twitter_logo-140px.jpgAttendees at NACHA's PAYMENTS 2010 conference in Seattle are tweeting their comments using the hashtag #payments2010. Follow them on Twitter - including Glenbrook's Erin McCune!

February 03, 2010

Jack Dorsey, Square CEO, to Keynote PAYMENTS 2010 Conference

NACHA has announced that Twitter co-founder and Square CEO Jack Dorsey and Square chairman Jim McKelvey will be the keynote speakers at the opening general session of PAYMENTS, the annual conference of NACHA—The Electronic Payments Association. This session will take place at 9:15 a.m. Pacific on Monday, April 26, 2010, at the Washington State Trade and Convention Center in Seattle. READ MORE »

December 28, 2009

Follow PaymentsNews and PaymentsViews on Twitter

Are you active on Twitter? Did you know that you can follow us on Twitter too? Both PaymentsNews.com and PaymentsViews.com have Twitter feeds that you can follow to get real-time updates for our postings:

Follow us and get our updates as real-time tweets!

November 05, 2009

Be Sure to Follow Payments News and Payments Views on Twitter

Are you looking for real-time updates when new items are posted on PaymentsNews.com and PaymentsViews.com? The best way to receive them is to follow our Twitter feeds for PaymentsNews.com and for PaymentsViews.com. Over 1,200 payments professionals are now following our two Twitter feeds - if you're an avid Twitter use, feel free to join them!

September 16, 2009

American Express and Twitter - Success!

I had a little bit of fun this afternoon - wondering out loud (on Twitter) if American Express was active on Twitter. So, I tweeted the question!

Less than an hour later, I had my reply - from Rachel at American Express - who asked if there was anything she could do. Very cool!

What did we learn? The American Express Customer Care Twitter account is AskAmex!

June 18, 2009

Norway's Norges Bank Uses Twitter to Send Rate Decision

Twitter_logo-140px.jpgNorway's central bank, Norges Bank, used Twitter yesterday to communicate its latest interest rate decision. "We believe we are the first in the world to use Twitter this way," Norges Bank spokeswoman Siv Meisingseth told Reuters. Follow Norges Bank on Twitter at: http://twitter.com/norgesbank

May 22, 2009

Banks and Their Usage of Twitter

Here's a table of major US banks and what we know about their usage of Twitter. The table is sorted in descending amount based on the number of followers who are subscribed to a particular bank's Twitter feed. If you have updates, please post them as a comment below!

May 13, 2009

MasterCard Launches MasterCardNews on Twitter

MasterCard this morning has launched a new Twitter feed this morning.

May 06, 2009

Gartner: The New Age of Social Banking

New research by Gartner finds that while social banking won't change the consumer banking model immediately, retail banks that understand social media, financial social networks and microfinance have a better chance of adapting their services. Those banks that don't "face the prospect of being sidelined in the emergence of the social-banking services model." READ MORE »

April 29, 2009

IMShopping Launches Twitter-Based Shopping Service

IMshopping has announced its beta launch of what it's calling "the first human-assisted shopping website and Twitter shopping service where knowledgeable shopping guides respond to product questions and provide personalized recommendations for users. It’s like a Shopping 411 information service. The site offers the experience of going into a store, speaking with a knowledgeable expert and being guided to the best products for your needs." READ MORE »

March 15, 2009

Please Take Our Social Media/Web 2.0 Survey!

Glenbrook's Scott Loftesness and Erin McCune are teaching a workshop on Web 2.0 and Financial Services this coming Thursday, March 19th.

In preparation, we'd like to gauge the level of social media and Web 2.0 participation in the Glenbrook community. There are only two questions and it won't take more than 2 minutes of your time (if that). Click here to take Glenbrook's Web 2.0 Survey

We'll share the results over on PaymentsViews.com later this week. Thank you!

March 12, 2009

Following the MRC on Twitter

Litle & Co's John Stevens is continuing his superb Twitter coverage today of the Merchant Risk Council's annual conference being held in Las Vegas. To, tune in, click here. Or try this Twitter search for MRC. Wow, John, rock on! Great job!

March 11, 2009

eBay's Tweeting Its 2009 Analyst Day

eBay is holding its 2009 Analyst Day today. In addition to webcasting the event, eBay is also tweeting highlights from the presentations using Twitter @ebayinkblog. You can follow the hashtag #ebayinc for comments from others as well.

March 09, 2009

Prepaid Expo - Tweeting Away on Twitter This Week

This week the Prepaid Expo is being held in Orlando. If you're into Twitter, you can following along with some of the news by following @prepaidexpo - among others. They'll be using the hashtag #prepaid for their tweets from the show. If you're at the Expo and also tweeting away, tell us your Twitter ID in a comment to this post!

March 08, 2009

FaceBook? Twitter? Mint? Wesabe? FriendFeed? Blogs? Confused???

Join us for the Web 2.0 & Financial Services Workshop we're holding on March 19th in Santa Clara, California.

The demographic reach of Web 2.0 may surprise you – it's not just kids! Consumer buying decisions and the perception of major brands are being driven by social media's influence.

After a number of tentative forays, financial institutions are starting to use the tools and techniques of Web 2.0 more confidently. But is it too late? A number of personal finance management success stories (Mint, Wesabe, Quicken Online and a host of popular bloggers) have already gained traction - has their early success been at the expense of financial institutions?

You've got questions and in this workshop we'll provide some answers. Join us as we explore the world of Web 2.0 technologies and their impact on financial services in this one day workshop (morning plus optional afternoon sessions) on March 19th in Santa Clara. Registration is now open.

March 03, 2009

TwitPay Is Ready for Prime Time - Powered by Amazon Payments

TwitPay, the Twitter-based person-to-person payments service, has announced that it's exiting its beta phase and will be moving "real money" starting today using Amazon Payments.

Working with Amazon Payments, we’ve built a new version of Twitpay that means we don’t have to be the middle-man for your cash. That’s good for you as a user because you don’t have to trust us with your money, you just have to trust Amazon. It’s good for us as a service because it allows us to focus on adding new features and focus on the core of our business."

January 15, 2009

More on Our Use of Twitter

Almost 300 folks are now following Payments News on Twitter since we began posting in real-time to Twitter last May. If you're active on Twitter and would like notification in your Twitter feed when we post a new item to Payments News, it's easy to subscribe to the Payments News Twitter feed!

Since we started on Twitter, about 1,500 "tweets" have gone out in real-time as we've posted new stories here on Payments News. Read on if you'd like to learn more - on the other hand, if you prefer receiving only a daily email update from Payments News, Twitter's not for you! READ MORE »

December 30, 2008

Miscellaneous Year End Ramblings

It's almost the end of 2008 ("good riddens" comes to my mind!) - and we've been exploring a bit. Steve Rubel had a great blog post this morning about using Google's Insights for Search feature to read the "tea leaves" about trends in 2009. He calls it "the closest thing we have to a global time capsule."

One interesting result I found was looking at how PayPal has trended over the last four years - with over twice as much interest demonstrated in PayPal today vs. four years ago.

Another interesting result in the PayPal summary is the strong interest in the UK vs. the US, France and other markets around the world. The top PayPal search term is "PayPal UK" - wonder why that is?

Here's one for Twitter - showing how interest in Twitter has grown like a weed during 2008.

Using the Google Insights for Search tool, you can search for and compare multiple terms - for example, here's PayPal vs. MasterCard - showing search interest in MasterCard remaining flat while PayPal's grew steadily. Curiously, if you look at the top searches related to MasterCard, the top result is "mastercard visa".

Give Google Insights for Search a try using your favorite payments-related phrase. If you find more interesting results, please share them in the comments here!

December 16, 2008

Discover Card Adds Twitter Feed

We recently began making available the Payments News newsfeed on Twitter - more information here. Yesterday, Discover Card began following our feed - and we became aware of theirs as well. To follow, go to: http://twitter.com/discovercard and, if you're a Twitter member, you can click Follow to follow their feed. From the DiscoverCard tagline: "We are here to listen, help people spend smarter, manage debt better and save more so they can achieve a brighter financial future."

Does your financial services company also have a Twitter feed? If so, send us Feedback (link in menu bar above) and we'll announce it here as well. Better yet, just signup to follow PaymentsNews on Twitter! Are you a merchant? See what Amazon.com is doing with its AmazonDeals Twitter feed. So you can easily find them, we'll tag all posts here related to Twitter with the Twitter tag. READ MORE »

December 02, 2008

How We're Using Twitter with Payments News

This particular post is mostly for the Web 2.0 payments geeks among us.

Some of you have noticed that a couple of months ago we started posting our updates to Payments News not just to this site - but also as brief snippet updates send out via Twitter. Twitter became a new way you could follow the news here - we think that, if you're an active Twitter user, you'll naturally want to sign up to follow PN there. A couple of hundred folks have already done so.

Up until we added our Twitter feed, you could tune into Payments News by just periodically checking the web site, by subscribing to our daily email distribution (if you only want a dose of PN once a day every morning - but then you're also always going to be at least a day behind!) or by monitoring the PN RSS feed in semi-real time using an RSS reader (by the way, we LOVE and highly recommend Google Reader for reading RSS feeds!).

Now, if you choose to follow PaymentsNews on Twitter, you'll see our posts almost as soon as they're published - as we're using Twitterfeed to pull our RSS feed into Twitter automatically - and push them out to your Twitter account. So, if you're already on Twitter, be sure to follow PaymentsNews. If you're new to Twitter and want to try it, you can sign up here.

If you're looking for some advice as to how all this works, take a look at Wednesday's Wall St. Journal Mossberg Solutions column titled "Birds of a Feather Twitter Together" by Katherine Boehret. Or, read Tim O'Reilly's post "Why I Love Twitter". For more tips on using Twitter, see Darren Rowse's new TwiTip blog. Or, read Guy Kawasaki's "How I Use Twitter as a Twool". Twitter is going mainstream - fast.

And, if you want to follow your Payments News editor's personal Twitter feed, you can do so by following SJL My personal tweets are much more about what I'm working on, exploring, learning, questioning, etc. and definitely not about news of the day!

Questions/comments? Click on the Feedback tab in the title bar up top on this page and send us an email! If you're active on Twitter and want us to share your feed with others here on PN (like the other payments and banking blogs we share), send us your Twitter ID and we'll add you to a new page we'll be building soon of like-minded, Twitter-oriented payments professionals!

And, if you're looking for help thinking through the implications of all this Twitter stuff for your business, we can help you with that as well. READ MORE »

November 19, 2008

A Look at Twitpay

On Web Worker Daily, Mike Gunderloy takes a look at Twitpay, described as "a simple way to send payments via Twitter." A Twitpay account is funded via PayPal in amounts between $10 and $49.99. Twitpay's FAQ page says that the service was created by a team at the Atlanta Startup Weekend.

May 16, 2008

Twittering Away

When I was in London a few weeks ago for the Digital Money Forum, I got introduced to Twitter, an addictive social networking service that allows you and your friends to follow each others latest thoughts. At the recent Finovate Startup conference in San Francisco, several of us in the audience (and around the globe!) were twittering back and forth about the presenters in real-time.

Anyway, the new Business Week has an article titled Why Twitter Matters. You can follow Payments News on Twitter (and get real-time updates about posts and my random thoughts). You can also use TweetScan to search for recent "tweets" about specific subjects - for example, here's a Tweetscan of every tweet mentioning PayPal. TweetScan even lets you setup an RSS feed of your favorite scans so you can monitor them in Google Reader, etc. Some big companies regularly monitor Twitter for mentions of their brands.

What's this got to do with payments, you ask? Nothing - but it's Friday and a pretty slow news day so far!

April 28, 2008

Let's Meet at FinovateStartup Tomorrow in San Francisco

Glenbrook's Scott Loftesness will be attending tomorrow's FinovateStartup in San Francisco. Jim Bruene has pulled together an excellent program where forty financial services startups will "strut their stuff." Christophe Langlois from Visible Banking will be live blogging the event on Jim's NetBanker site. If you're also going to be there, let's get acquainted! We'll be blogging to Payments News as time permits and also commenting from @paymentsnews on Twitter.

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