| Alibaba beats Singlesâ Day sales record, WeWork sued for lost value after failed IPO, Zillow on real estateâs $1.6T fraud epidemic | | | Zillow: Tackling Real Estate's $1.6T Money Laundering Epidemic The real estate industry is a hot target for fraudsters, who launder $1.6 trillion a year through rental payments and home purchases. To fight back, real estate platforms like Zillow must ensure they know whoâs trying to buy and sell, while keeping the onboarding process user-friendly. In this monthâs AML/KYC Tracker, Zillow Director of Product Development Justin Farris tells PYMNTS how the platform incorporates stringent authentication without making the onboarding and buying experiences too complex. |
| The Challenges Challenger Banks Must Overcome To Compete Challenger banks often enter the market with a lot of fanfare â but quickly find that competing requires much more than a slick app and a prepaid card. What the next generation of banks is learning, Ingo Money CEO Drew Edwards tells PYMNTS, is that building a profitable model independent of venture capital backing is hard â and building something profitable and competitive at scale with established banks is even harder. Hereâs why. |
| Building A Visual Test-Drive Experience For Retailers Physical retail has had many fake obituaries. Welcome to the new age of (visual) retail â and look to home goods and furniture to blaze its new path. Beck Besecker, CEO and co-founder of Marxent, a seller of 3D commerce tech, talks with Karen Webster about the tricks of the growing use of visual commerce tools, and why theyâre confidence builders for consumers. |
| What Food Commerce Shifts Do Ghost Kitchens Foreshadow? That delivered meal may not be from where it’s from. Pseudo-Yogism aside, odds are increasingly likely it was prepared in a ghost (or virtual) kitchen — one of the hottest current food commerce trends. As the new decade brings a greater shift from offline to online ordering, and as restaurants get more mobile, here’s what Sterling Douglass, co-founder and CEO of Chowly, tells PYMNTS is coming next in the industry, amid the innovation and disruption. |
| | Subscription Commerce Conversion Tracker™ | | New Data: How Subscription Box Merchants Can Contend In The Amazon Age In the $19.2 billion retail product subscription box market, a familiar name dominates: Amazon. A recent PYMNTS survey of 2,130 consumers finds that 45.5 percent of subscribers get retail products through Amazon subscriptions, making it a subscription retail Goliath. So, how can smaller subscription box Davids compete? Find over 200 data points on how subscription box merchants can embrace bundling services to compete in the Amazon age, in the new Subscription Commerce Conversion Index. |
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