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With more than 30 years' experience in information technology - as a technologist, senior executive, board member, venture investor, consultant, advisor, and mentor - Scott brings seasoned judgment and a unique business perspective to his work with Glenbrook. Earlier, Scott was group executive vice president at First Data Merchant Services. Scott also was group executive vice president at Visa International, where he led the development of Visa's global payment systems strategies, including Visa's research and development initiatives related to card payments, Internet payments and advanced card technologies.Scott began his career as a systems engineer with IBM where he held a series of technical management and product planning positions over the course of seventeen years.
In addition to his work at Glenbrook as a consultant, Scott is the Partner in Charge of Glenbrook's online web services serving payments professionals: Payments News and Payments Jobs.
Scott's Writings
September 20, 2007
Glenbrook's Thumbnail Mobile Banking Strategy
by Scott Loftesness
We get asked a lot about our views about mobile banking and payments. Mobile payment is a whole separate kettle of fish and not something I'll address here. But mobile banking is here and now as most major banks are making their decisions about how to offer mobile banking this year. " More
June 14, 2004
Beware the Doves?
by Scott Loftesness
Reflections on the PayPal/GE Consumer Finance Alliance
On June 8th, 2004, PayPal quietly announced it was partnering with GE Capital Consumer Card Company to begin offering credit lines to customers that want extended payment terms for any PayPal purchase. PayPal's business members started receiving direct mail pieces the following day offering new credit lines up to $50,000.
Responding to "Phishing" Attacks
By Scott Loftesness
Phishing has emerged as the latest threat to the theft of personal information over the Internet. This Glenbrook ActionMap(SM) briefing for financial institutions examines the phishing threat, provides brief technology background on how fraudsters are successfully perpetrating phishing frauds, and recommends an ActionMap for institutions to consider for responding effectively to these threats.
More May 23, 2003
Micropayments Redux at the iTunes Music Store
By Scott Loftesness
I've been playing with the new Apple iTunes Music Store with my Mac OS X iBook-including buying some new (actually, old) music! In addition to rediscovering some favorite songs, I'm also exploring how Apple has tackled the micropayments problem using old-fashioned credit cards.
More September 17, 2002
Critiquing a Liberty Alliance Critique
By Russ Jones and Scott Loftesness.
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