Amex GBT integrates Lyft, Boost dispels v-card myths, and SWIFT plans faster payments initiative in APAC.
| | | | BUSINESS TO BUSINESS EDITION | | WePay: ISOs, ISVs And The Future OF PayFacs The road to becoming a PayFac, WePay co-founder Rich Aberman told Karen Webster, is long, risky, expensive and technologically complex. For some ISOs and ISVs, he said, itâs also the best path forward. For others? Well, there are options that may not be so mutually exclusive. He, and we, explain. |
| FinServ Executives Frustrated With Lack Of Regulatory Harmony GDPR, KYC, AML, MiFID II â within these acronyms, a complex picture of regulation emerges for the financial services industry. It's getting expensive, too, according to a Duff & Phelps survey. The costs of compliance, coupled with volatility linked to Brexit and President Trump, as well as a lack of regulatory harmony across borders, make for a dizzying market that FinServ execs expect to grow even more difficult. |
| | Virtual Commercial Cards | | Boost CEO: Dispelling The Myths Of Virtual Cards Despite the speed, efficiency and security of virtual commercial cards, their adoption remains muted, and suppliersâ reluctance to accept this payment method endures. Dean Leavitt, founder and CEO of Boost Payment Solutions, says the risks and challenges perceived by suppliers when accepting cards are rooted more in myth than reality. He tells PYMNTS why many of the risks suppliers think they face have already been addressed by the industry. |
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