Apple pays users to add money to ID, Fraudsters feast on tax returns, Grab on building its finserv ecosystem

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March 11, 2019

Disbursements Tracker™

Cash Moves Out, Disbursements Settle Into The $18B Moving Market

Millions of Americans move each year, fueling an industry worth roughly $18 billion. Yet, haggling with movers over cash payments is still an all-too-common practice, says Alani Kuye, CEO of on-demand moving platform Phlatbed. In the new Disbursements Tracker, Kuye discusses how disbursements and digital transaction records are moving cash out of the moving market, and paying movers as fast as if it were cash.

 

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Tax Return Scams

It’s Tax Season — And Fraudsters Are Feasting

Crooks have graduated from stealing tax refund checks out of consumer mailboxes to stealing their personal data, and filing fraudulent returns online to get first dibs on that check. Trulioo General Manager Zac Cohen talks with Karen Webster about how criminals are exploiting digital channels to steal billions, and the digital tools that can prevent such fraud.

 

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PODCAST: Automating AP

Why Accounts Payable Is A Cross-Border Payments Afterthought

Always a bridesmaid, never the bride? When businesses go global, their first thoughts aren’t how to pay their suppliers, but how to accept payments from buyers. Tipatli CEO Chen Amit tells PYMNTS what happens when accounts payable is an afterthought when transacting cross-border.

 

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The Monday Conversation

The Grab Journey: From Ride-Hailing To Mobile Financial Services Powerhouse

In 2012, Grab’s founder tapped into a transportation friction that became the foundation for the 10-country, 650-million consumer, mobile financial services ecosystem that operates today. Fresh off its latest $4.5 billion capital raise, Grab’s Senior Managing Director Reuben Lai takes Karen Webster inside the Grab ecosystem to explain that journey, why it has its eye on launching global remittances and the complexities of scaling a platform across such a diverse cultural, social, economic and regulatory landscape.

 

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