Payments Views

Banking Industry

Payments Regulation in the United States is Hampering Innovation (Really?)

A great friend of Glenbrook’s is Broox Peterson, formerly Senior Vice President and Assistant General Counsel at Visa International and currently in private practice. Earlier we posted his article So You Want to Start a Payments Company? which has helped many entrepreneurs and investors understand the considerations involved in payments-related businesses. In this new article, […]


Bitcoin in 2014

Last year was, of course, the break out year for Bitcoin.  Incubating in geek-nurtured obscurity during its first few years, 2013 saw the international media, global investors, entrepreneurs, and even a few just plain citizens jump onto the math-based currency (fewer managed to actually purchase some bitcoin). The currency has since ballooned in value.  It […]

B2B Payments

Money2020: Impressions & Observations

I’ve nearly recovered from the payments overload that was Money2020 last week in Las Vegas – it was initially exhilarating, then incredibly exhausting, but I had a fantastic time. Here’s my admittedly subjective take based on having attended only two sessions (one of which I moderated) and stood in the back for only part of […]


Bitcoin’s Growth Not Without Pains

At a mostly excellent Inside Bitcoins conference last week in NYC, the major features and flaws of the Bitcoin experiment were on full display. Starting with the keynote of BitInstant CEO Charlie Shrem to some excellent panels featuring thoughtful and experienced participants, the conference offered ample evidence of the potential for Bitcoin and other math-based […]


The Payments and Bitcoin Survey

Bitcoin and other virtual currencies have gained plenty of attention from the financial press and blogosphere, the technology press, and to a lesser degree, the media at large. We’ve read the pros and cons, predictions of both revolution and disaster. And we’ve seen how this ferment has attracted multiple angel and VC investors to the […]


Bitcoin, Merchant Risk, and the Need for Speed

Bitcoin’s volatility continues to swing with the mood of investors, speculators, and the economic travails of countries like Argentina where Bitcoin usage is up sharply as concerns over the peso rise. The btc currency has swung between $70 and $100 since its astonishing mid-April high of $230. In other words, if you’re a bitcoin holder, […]


Does PayPal Need A Bitcoin Strategy?

Because we live in a tweet-constrained world, the short answer is yes. But I think every player in the financial services industry needs a Bitcoin strategy — payments enablers especially. By strategy I mean that every company involved in payments should evaluate whether Bitcoin, and digital currencies (math-based, virtual, etc.) more broadly, are friend or […]


Bitcoin, the Two-and-a-Half Party Model, and New Payment Rails

One of the immediate applications for Bitcoin and the math-based currencies that are emerging in its wake is its potential as a new set of payment rails. Rather than the incumbent industry’s reliance on the four party model and its hierarchy of providers, authorization messages, and settlement steps that are necessary to connect the payer […]


Considering Bitcoin’s Role in Value Transfer

Now that the recent fever of Bitcoin speculation that swept up both a worried global constituency and a hype-hungry media has subsided, it’s time for Glenbrook to examine the Bitcoin ecosystem in particular and math-based currencies in general. While there is still no end of open questions, certainties have emerged as well.  This Payments View […]