Amex’s Chenault takes a pay cut, NSA Ex-Director warns about chilling cybersecurity threat, and another ransom for bitcoin.

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March 22, 2016

eCommerce

Five Elements Of — And Fixes For — Checkout Abandonment
 

Fresh off PYMNTS’ Innovation Project 2016 last week, MPD CEO Karen Webster and BlueSnap CEO Ralph Dangelmaier reconnected for a discussion surrounding the release of BlueSnap’s latest Powered Buy platform enhancements, which helps online merchants overcome 5 big checkout frictions.

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Store Front Businesses

The Store Front Index Goes West!
 

If it’s Tuesday, it must be Primary Day somewhere – not to mention another opportunity to check up on the Store Front businesses whose shops line the Main Streets and side streets of the local communities and are the backbone of the U.S. economy. In the hopper today are Utah, Washington and Arizona. Two of the three have Store Front businesses that are crushing it. The remaining one - not so much. Which is which, and why?
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Alt Lending

FICO’s New BFFs
 

A few months ago the idea that FICO’s time was coming to an end was popular. Alt lenders and their algorithms for assessing risk were the wave of the future, proudly advertising they could do it better than Fair Issac Co. could. But three months into the new year, and lenders are singing a different tune and getting their customers to join in the chorus. Why is FICO now suddenly the FI’s BFFs?

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Cybersecurity

Ex-NSA Director: 'Cyberthreats As Bad As Ever'
 

If there’s one person who should know about the “state of cybersecurity” it’s General Keith Alexander – the Four-Star General who used to head up the NSA. Alexander had a bird’s eye view of the playing field then and brought that perspective to last week’s PYMNTS Innovation Project 2016. His commentary on what financial services and payments is facing is nothing short of chilling. “The threats in cyberspace are as bad as it’s ever been,” he said. And his advice? “Better up the game.” Before it’s too late.

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What's Hot


Alibaba Hits 3 Trillion RMB Transaction Milestone


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Visa Europe Pushes Contactless Payments


Cayan Kicks Off Payments Hackathon


Google Glass Rides Again – Sort Of – With eBay


Ripple Expands Into Europe's Financial Epicenter


Ex-State Department Employee Will Do Time For Cyber Hacking Scheme


American Express' CEO Sees His Salary Slashed


Jumio Gears Up For Post- Bankruptcy Sale To Facebook Co-Founder


Best of Yesterday 


UK’s Lessons For US Mobile Payments Adoption


SMBs Ask What’s In It For Me?


 
 

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