Apple credit card coming in August, Jack Ma’s bank offers 3 minute SMB loans, Who will be the consumer’s everyday app?

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July 29, 2019

Credit Union Tracker™

Where Credit Unions Invest To Get The Best ROI

Credit unions can’t afford an investment misfire. So how can CU decision makers know if they’re pursuing innovations that will deliver significant return on investment (ROI)? In the new Credit Union Tracker, President Gail DeBoer of Cobalt Credit Union discusses how a combination of data analytics paired with interactive banking services is helping the CU to better understand members’ financial goals.

 

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The Monday Conversation

PayMate CEO: How To Fix B2B Payments In India

Days Sales Outstanding for SMBs in India is an average of 95 days with not much of a buyer incentive to make it any better. That’s but one of the challenges that PayMate Founder and CEO Ajay Adiseshann tells Karen Webster is solving for India’s 15 million small merchants in India — and across the developing world. Here’s how.

 

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Mobile App Attacks

What QSRs Can Learn From The 7-Eleven Japan Hack

Some of the earliest adopters of new quick-service restaurant (QSR) tech are the fraudsters, a point made clear when 7-Eleven Japan’s mobile app was hacked to the tune of $510,000. Rich Stuppy, Kount’s chief customer experience officer, tells PYMNTS how it all went down, and the 20/20 hindsight into how it could have been avoided.

 

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eCommerce In Africa

Vesicash Uses Escrow To Ignite eCommerce In Africa

Trust is key to all of commerce but especially so in Africa where three in four eCommerce transactions aren’t paid in full by the buyer. Ibrahim Oladele, co-founder and CEO of Vesicash talks with Karen Webster about how they are using escrow to encourage more online sales, and connect banks to that new commerce opportunity.

 

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 KLW Commentary

Who Will Be The Consumer’s Everyday App?

Being the one app to rule them all — the everyday or super app — is Big Tech and many a FinTech’s ambition, even if they don’t say it out loud. But do consumers want one front door to streamline the digital access to all of the activities they undertake every day? PYMNTS asked more than 1,000 consumers and Karen Webster says that their answers may be surprising. Including whether consumers even want that single front door — and if they do, who they trust to open it. Data and details await.

 

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