Glenbrook's commentary and opinion
blog written by members of the
Glenbrook team. We share our
"rants and raves" on industry topics,
large and small.

Regulation

Madness in Marijuana Payments – Part 2

Since my April 2018 post, there’s been a lot of activity in the “land of weed.” Multiple countries and U.S. states have moved toward legalization. Major non-cannabis industries are investing heavily in cannabis related products and cannabis-based companies. With U.S. Attorney Jeff Sessions out, his strict stance against marijuana perhaps no longer holding, many are […]

Bitcoin

A Dollar by Any Other Name: Thoughts on Digital Fiat Currency

What are central banks – and governments – going to do about cryptocurrencies? I was in New York last week to better understand what central bankers are thinking about – and doing – with respect to “Digital Fiat Currency”. The workshop was part of an ITU Focus Group Program on “Standardizing Digital Fiat Currency and […]

Glenbrook

Payment Rails and Other Tales

In Glenbrook’s Payments Boot Camp™, we are always talking about payments systems – how they work, how they evolved, who uses them, who provides them, who profits from them, and how they are changing. So I was a little surprised when one of the participants approached me recently at break and asked if we would […]

Financial Inclusion

Welcome to CFSI EMERGE

Recently, I attended the Center for Financial Services Innovation (CFSI) EMERGE Financial Health Forum. The event, held June 6-8, 2018 in Los Angeles, is intended to help organizations working in financial services and financial health learn about current trends, insights, research, and policy updates. This was my first time attending and I wanted to share […]

Glenbrook

5 Payments Challenges Facing Nonprofits

Tax Day has come and gone, and Americans have filed our returns and many of us even took the time to itemize our charitable contributions. According to the IRS, these contributions totaled over $390B in 2016 – a new record year of giving. While the rise in giving is welcome news, nonprofits also have to […]

Glenbrook

Madness in Marijuana Payments

In my state’s recent midterm primary elections, I voted for the referendum on legalizing recreational marijuana. It reminded me of recent conversations I’ve had with payments professionals trying to tackle the issue of providing safe and secure financial services to marijuana-based businesses: One CEO said they have put serious effort into this market. They’ve worked […]

Payments Views

Amazon Go is the Uberization of Retail

I had a chance to visit the Amazon Go Store recently and wanted to speculate a bit on how it all works, from a payments perspective, and think about the implications. The new concept store, if you haven’t heard, eliminates the all-sacred checkout. Who cares about Apple Pay adoption rates or EMV transaction speed when […]

Cici Northup

Gen Z – The Next Payments Influencers

A country’s economy is made up of multiple generations. And while we in the payments industry have been watching (and are fascinated by) the financial behavior of the Millennials (e.g. excessive student debt, delayed home buying, preference for digital, etc.), hot on their heels is Generation Z. Currently characterized as self-aware, persistent, realistic, innovative and […]

Card Payments

Brands Blur as Digital Payments Flourish

Remember the good old days? You carried a Visa card and you could use it anywhere Visa was accepted. Visa logo on the front of the card; Visa acceptance mark on the merchant’s window. To the cardholder, it was a Visa transaction; to the merchant it was a Visa transaction. No confusion. PayPal broke that […]