Central bankers talk global crypto, Visa on new cyberthreats, Markets brace for $17T negative interest rate debt trap

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August 26, 2019

Monday Conversation

Visa: New Cyber Threats Require New Fraud Tools

Fraud isn’t new, but the source of it certainly is. In the era of state-sponsored cyberattacks, the traditional ways of fighting back are no longer good enough. Visa’s Senior Vice President of Payment System Risk RL Prasad told Karen Webster how Visa’s new suite of fraud tools gives merchants new tools to see and stop fraud before it ever happens.

 

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Corporate Debt Crisis

Girding For The $17 Trillion Negative Interest Rate Debt Trap

The world is awash in debt marked by negative interest rates. It’s a $17 trillion warning sign of overextended corporate borrowing and lending, and CreditRiskMonitor CEO Jerry Flum tells Karen Webster that this time it’s different — and China looms as a factor in how it all plays out.

 

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Spend Management

Changing The Conversation: From Spend Management To Margin Improvement

The rise of the gig economy and the popularity of remote work lay bare the need for better spend management systems and technology for SMBs. In a new PYMNTS interview, Bento for Business Founder and CEO Farhan Ahmad tells PYMNTS how the proper deployment of digital technology and data means more efficient spend management for mobile workers and better margins for the SMB.

 

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Cybersecurity

The Cyber Hack From Space

In a hacking first, a NASA astronaut is accused of identity theft by her estranged wife, who alleged she illegally accessed a bank account from the International Space Station.And while it is up to the courts to decide this case, it is a lesson for how software, even from space, is far from hack-proof.

 

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Automated Retail Tracker™

Trending: The New Face Of Kiosk Retail

Gone are the days of kiosks as simply new ways to distribute products. Today, they help retailers enable virtual “try-ons,” and promotions that drive more in-store sales. But kiosks become wasted investments if operators cannot keep their functions relevant to customers’ needs, which change even by time of day. Bhushan Mehendale, vice president of engineering for kiosk software platform Esper, explains how remote management is helping kiosks give retail a new dynamic sales channel in the latest Automated Retail Tracker.

 

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