Andreessen launches crypto fund, Instagram talks commerce plans, When AI breaks the retail banking experience.

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June 26, 2018

Digital Disbursements

First Data: Creating The Digital Disbursements Standard

The demand for real time disbursements, First Data’s GM of Global Debit Solutions Nandan Sheth told Karen Webster that the demand for real-time disbursements is being driven by consumer demand to be paid that way — and will soon be the norm and not the new. Sheth explained how the recent First Data/Mastercard partnership is another step on the path to standardizing on-demand payments.

 

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Contextual Commerce

Instagram’s Plans To Turn Context Into Conversions

Catching consumers at just the right moment — and converting that intent into a buy — is the essence of contextual commerce. Instagram Director of Business and Monetization Product Marketing Susan Rose tells PYMNTS that context can be king in commerce, but only if frictions along the path to purchase are removed — and why Instagram has turned Stories into a shoppable consumer experience.

 

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Gig Economy

How Payments Can Keep Gig Workers Sticky

As gig work gains more importance, demand is increasing for more payments options to pay those workers, especially direct-to-bank payments. Transpay’s Peter Shore and Workana’s Guillermo Bracciaforte discuss the trend with PYMNTS, and what’s next for this sector of the global economy.

 

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Digital Banking Tracker™

TRENDING: AI That Doesn’t Break The Retail Banking Experience

More than 90 percent of FIs will use AI technology by 2024 — but banks risk breaking their user experience as they race to embrace AI, says Chris Ward, EVP at PNC Treasury Management. In the latest Digital Banking Tracker, Ward tells PYMNTS why boosting processing power is the key to avoiding AI deployments that don’t deliver. Plus, headlines from BBVA, Chime and Citigroup, and rankings of top providers, inside the Tracker.

 

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What's Hot


Andreessen Horowitz Is First VC To Raise Large Crypto Fund


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Venmo Launches Debit Card To Take Social Payments Anywhere


Supreme Court Rules In Favor Of Amex — And 2Sided Markets


CFPB Supports Reconsideration Of Payday Rule


Regulators Ask EU For GDPR Exemptions


Circle Says Client Base Growing Despite Bitcoin Collapse


Instagram Value Tops $100B


Tencent, Alibaba, JD.com US Investments Could Be Trade War Casualty


Bitcoin Daily: Jack Ma Calls Bitcoin A 'Likely' Bubble, Phishing Scam Makes Empty ‘WannaCry’ Bluff


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