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Payments News - from Glenbrook Partners



Payments News ISSN 1556-4487. Compilation Copyright © Glenbrook Partners LLC, 2002-2013. All Rights Reserved.



Last Build Date: Tue, 27 Jun 2017 05:44:10 -0700

 



Headline News from PaymentsNews.com - June 27, 2017

Tue, 27 Jun 2017 05:44:10 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Visa Buys Stake in Swedish Financial Technology Company Klarna - Bloomberg - "Visa Inc. is buying a stake in Swedish payments technology firm Klarna AB and forming a strategic partnership, as both companies aim to expand outside their core markets. " The 50th anniversary of the ATM – The truth about Cash - Payments Cards & Mobile - "The ATM has come a long way since the device originally invented by John Shepherd-Barron in 1967. In...



Headline News from PaymentsNews.com - June 26, 2017

Mon, 26 Jun 2017 07:28:13 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Dutch payments processor takes pan-European licence to bypass banks - Reuters - "Adyen, one of Europe's biggest fintech companies, has taken a pan-European banking licence that allows it to bypass banks and process cross-border payments directly for its merchant customers, including many of the world's top ecommerce firms." Banks Ready for Launch of European Anti-Money-Laundering Directive - Wall Street Journal - "New risk modeling, including requirements to produce evidence. An emphasis on enhanced due diligence to...



Headline News from PaymentsNews.com - June 23, 2017

Fri, 23 Jun 2017 06:09:15 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Fed’s Stress Test Puts Focus on Credit Cards - Wall Street Journal (Paywall) - "The Federal Reserve’s annual stress-test of banks showed that credit cards have moved to the top of the list of concerns about potential losses. Banks would incur $100 billion in projected credit card losses in a severely adverse hypothetical recession calculated by the Fed in Thursday’s test, the first part of a two-stage exam that will culminate next week in large banks...



Headline News from PaymentsNews.com - June 22, 2017

Thu, 22 Jun 2017 06:13:04 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Stripe refocuses European effort with 6 new markets and expanded payments platform - Venture Beat - "Stripe has announced a handful of tidbits that underscore the fast-growing fintech startup’s aspirations in Europe. Thus far, Stripe has only been fully available to businesses in the U.K., Ireland, Denmark, France, Spain, Norway, Finland, and Sweden. But as of this week, another six markets have been added to the mix: Germany, Switzerland, the Netherlands, Austria, Belgium, and Luxembourg." Square...



Headline News from PaymentsNews.com - June 21, 2017

Wed, 21 Jun 2017 07:03:47 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Is WeChat Pay Taking Over Alipay? - Forbes - "Is WeChat Pay taking over Alipay? The situation can be better characterized as WeChat Pay and Alipay settling into a stable duopoly, not unlike how MasterCard and Visa have a virtual duopoly in the credit card world. According to market research firm Analysys, in Q1 2017 Alipay enjoyed approximately 54% share of mobile transaction value while WeChat Pay took 40% share. Average Alipay transaction values are higher...



Headline News from PaymentsNews.com - June 20, 2017

Tue, 20 Jun 2017 06:12:09 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Instant bank transfers are coming to PayPal and Venmo - TechCrunch - "PayPal announced this morning a plan to speed up money transfers between its service, Venmo and users’ bank accounts for those with supported MasterCard and Visa debit cards. This new “instant transfers” service will be available at a rate of $0.25 per transaction, and will deliver funds in a matter of minutes, instead of the day or so it typically takes when using PayPal...



Headline News from PaymentsNews.com - June 19, 2017

Mon, 19 Jun 2017 06:58:44 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Meet the Chinese Finance Giant That’s Secretly an AI Company - MIT Technology Review - "The smartphone payments business Ant Financial is using computer vision, natural language processing, and mountains of data to reimagine banking, insurance, and more." Instant Payments and the Post-PSD2 Landscape - Ovum - "This ground-breaking study quantifies the detrimental effect Instant Payments and PSD2 will have on traditional credit and debit card payments in Europe and provides the only quantitative insights into...