Episode 292 - Modern Authentication and the Impact on Payments Cost and Performance, with Amandeep Batra, Stripe and Dewald Nolte, Entersekt
Release Date: 04/29/2026
Episode 300 - Reflecting on 12 Years of Payments on Fire
Payments on Fire™
2026 is a milestone year for Glenbrook as we celebrate the 25th anniversary of the firm. We also find ourselves airing the 300th episode of our Payments on Fire podcast - founded by George Peabody in 2014, nurtured by Yvette Bohanan, and now continued on through the hosting efforts of most of the team. We thought there would be no better way to mark the 12 year achievement - and pay respect to what George and Yvette built - than to revisit the journey with clips from the first 299 episodes. From early episodes on digital currency and AI, to fast payments evolution and financial...
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Episode 299 - The Evolving Payments Regulatory Environment in the European Union, with Scott McInnes, Bird & Bird
Payments on Fire™
Glenbrook’s Chris Uriarte and Samantha Gordon continue their global payments regulation series with Scott McInnes, Partner at Bird & Bird, focusing on the European Union. Tune in as they explore the EU’s highly regulated landscape, the challenges of inconsistent national enforcement across 27 member states, and developments on current regulatory topics: Payment Services Directive - PSD2 to PSD3 evolution Payment Services Regulation (PSR) objectives and adoption timeline Digital euro goals and requirements European Digital Identity Wallet framework and ambitions SEPA Instant...
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Episode 298 - The Patchwork of Payments Regulation in the US, with Duncan Douglass, Alston & Bird LLP
Payments on Fire™
Kicking off a series of regulation-related episodes, Duncan Douglass, payments attorney and Partner at Alston & Bird LLP, joins Chris Uriarte and Samantha Gordon to turn the confusing and sometimes tedious topic of US payments regulation into an entertaining and enlightening update. The conversation begins with who actually regulates payments in the US and how US payments oversight differs from the UK and EU, then flows into developments on current regulatory topics: Ongoing Reg II/Durbin litigation relating to interchange The Fed’s 2023 proposed debit cap reduction Latest preliminary...
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Episode 297 - A New Era for Card Issuing, with Nikil Konduru, Lithic
Payments on Fire™
Drew Edmond and Chris Uriarte chat with Nikhil Konduru, Chief Commercial Officer at Lithic, to discuss modern card issuing infrastructure and where the market is headed. They break down the issuing stack and discuss issuer-side tools to improve authorization outcomes, reduce fraud and servicing costs, and increase transparency. The conversation also covers cross-border approval and economics, and explores agentic commerce via Nikhil’s “Intent Toll Booth” thesis: liability drives control, issuers may demand intent data, and regulatory and network rules may need to evolve.
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Episode 296 - Fanning the Flames - Beyond Borders: Navigating Your Global Payments Strategy
Payments on Fire™
Going global with your payments strategy requires far more than choosing a single payment provider: companies must weigh local acquiring versus cross-border acquiring, country-by-country payment preferences, entity structure, tax implications, compliance requirements, authorization performance, currency handling, and provider coverage. In this episode, Chris Uriarte joins Glenbrook colleagues Samantha Gordon, Simon Skinner, and Drew Edmond to explore the complexities and potential benefits for merchants and platforms to consider when expanding payments globally.
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Episode 295 - Fanning the Flames - 2026 Mid-Year Payments Industry Trends Update
Payments on Fire™
The Glenbrook team is taking stock in June 2026 to see how the predictions from our January episode are holding up. Tune in for updates on trending topics in payments, including agentic commerce, stablecoins, cross-border and instant payments, risk and fraud, and the regulatory landscape. We also share insights on the “hot off the presses” news on tokenized deposits and the Visa/Mastercard interchange settlement.
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Episode 294 - Zelle’s Evolution in the Payments Landscape, with Preston McCaskill, Early Warning Services
Payments on Fire™
In this episode, Russ Jones welcomes Preston McCaskill, Chief Operating Officer for Zelle, an open loop fast payments network owned and operated by Early Warning Services that moves money directly between two bank accounts in the US. Listen in as they discuss network’s growth into small business payments, the onboarding process for financial institutions, and Zelle’s settlement process and alias directory. They also cover expanding use cases like pilots in the bill pay domain, and Early Warning’s intent to bring the same trust, speed, and convenience of Zelle to consumer cross-border...
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Episode 293 - Unlocking Merchant Growth in Emerging Markets, with João Del Valle, EBANX
Payments on Fire™
In this episode, Drew Edmond is joined by João Del Valle, CEO and co-founder of EBANX, to talk about the origin story of EBANX, why Brazil has historically been such a difficult market for non-Brazilian merchants, and what João has learned as the company has expanded into new regions. Listen in as they cover some of the biggest topics shaping the next phase of global payments, including Pix and Pix Automático in Brazil, payment optimization when looking at local payment methods, and perspectives on agentic commerce and stablecoins.
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Episode 292 - Modern Authentication and the Impact on Payments Cost and Performance, with Amandeep Batra, Stripe and Dewald Nolte, Entersekt
Payments on Fire™
This episode is a follow-up to our on the use of 3-D Secure (3DS) in markets where strong customer authentication is not mandated, particularly the United States. That earlier conversation was grounded in Stripe’s analysis of US 3DS transactions and explored a counterintuitive but important finding: when 3DS is deployed selectively in unregulated markets, its presence can become correlated with higher-risk transactions, limiting its effectiveness and in some cases negatively impacting authorization outcomes. Since that episode, several developments have occurred, including new analysis by...
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Episode 291 - The Complex and Growing World of Platform Payments, with Blake Breathitt, Adyen
Payments on Fire™
In this episode, Chris Uriarte speaks with Blake Breathitt, Senior Vice President of Platforms and Financial Services at Adyen, about one of the biggest growth engines in the industry over the past few years - platform payments. Listen in as they discuss the nature of this interesting segment of the industry, the nuance behind platform payments, and just what's driving this platform payment phenomenon.
info_outlineThis episode is a follow-up to our 2024 discussion with Stripe and Entersekt on the use of 3-D Secure (3DS) in markets where strong customer authentication is not mandated, particularly the United States. That earlier conversation was grounded in Stripe’s analysis of US 3DS transactions and explored a counterintuitive but important finding: when 3DS is deployed selectively in unregulated markets, its presence can become correlated with higher-risk transactions, limiting its effectiveness and in some cases negatively impacting authorization outcomes.
Since that episode, several developments have occurred, including new analysis by Stripe examining 3DS usage and performance in markets where authentication is required by regulation, a substantial increase in the use of EMVCo “network” tokenization, and research and messaging developed by Entersekt regarding the continued use of authentication in conjunction with tokenization.
Chris Uriarte is delighted to welcome back Amandeep Batra from Stripe and Dewald Nolte from Entersekt to address these developments and to explore how authentication and tokenization interact in practice across different regulatory environments.