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November 27, 2017

Payments As A Service Tracker™

TRENDING: How Car Buying Is Moving Into Mobile’s Fast Lane
 

Talk about a U-turn. Bucking widely-held perceptions, studies show millennials are interested in owning cars after all. Now, Fair, a new mobile app, is delivering a millennial-first approach to car buying that allows the entire transaction to be completed via smartphone. In November’s Payments as a Service Tracker™, Fair CEO Scott Painter discusses the venture and the rapidly changing car buying behaviors. Plus, notable PaaS developments and over 100 providers in the directory — including five new additions — in the Tracker.

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Real-Time Payments

Southeast Asia’s Real-Time Payments Push
 

Malaysia today is a largely cash-powered economy. But if all goes according to plan, that will all change starting this time next year, as the government’s push to implement a real-time payments infrastructure will accelerate the move to digital. Leslie Choo, ACI’s Asia VP/GM, takes PYMNTS inside PayNet, what it means for Malaysia and the entirety of Southeast Asia’s payments ecosystem.
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PYMNTS Data Dive

The Black Friday Recap Edition
 

The holiday shopping season is here — and by all accounts, it started with a bang on Black Friday. Online shopping exploded and mobile made an outstanding showing. At its peak, sales online hit $1M a minute, while pundits reported traffic in-store with a respectable showing. Was that enough to turn those retailers' red ink, black? We’ve got the details of the Black Friday holiday shopping bonanza.

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FI Innovation Readiness

Getting FIs Into The “Ready” Business
 

The recent Bank Innovation Readiness Index, a collaboration between PYMNTS and i2c, shows that most FIs know they need to innovate in and around payments and even allocate the funds to do it — but many still get stuck. Amir Wain, i2c CEO and chairman, tells Karen Webster that those innovation pioneers share a few important characteristics that position them well to not only innovate, but to be in the “ready business” as changing consumer and SMB payments trends evolve. He explains.

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