China shuts down bitcoin exchanges, PayPal’s Bill Ready on mobile payments future, Zelle P2P launches standalone app.

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September 11, 2017

B2B APIs

FI.SPAN: APIs That Pack A B2B Punch
 

“API” has gone from buzzword to buzzkill in the banking sphere and will stay that way until someone changes the language of the pitch. FI.SPAN CEO and Co-Founder Lisa Shields says that the unfortunate reality is that banks today use “API” as shorthand for the solutions they need to solve any problem they have. But once someone helps them tackle the right problems using the right API solution set, Shields says banks won’t care anymore what fancy acronyms they use to describe it.

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Consumer Authentication

Socure CEO: Looking Past The Selfie For ID Identification
 

Commerce in the digital world means making sure someone is who they say they are — in real time, and where Social Security numbers or isolated identifiers are not enough. Socure CEO Sunil Madhu tells PYMNTS how it’s possible for digital identity verification, beyond just matching selfies to drivers' licenses, can let the good customers transact and turn the bad guys away — across a single API — thanks to the robust digital footprint that the good guys leave behind.
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Cybersecurity

ID.me: In Equifax’s Wake, Outrunning The Breach Bear
 

The Equifax breach and the 143M drivers' licenses and Social Security numbers that it exposed should be a wake up for CEOs and CIOs to move beyond static data points and passwords to authenticate a consumer’s identity, ID.me CEO, Blake Hall, told Karen Webster. Hall says fighting that battle will require change and transition — and, just like campers surprised by a bear, a solution that makes them faster than the slowest guy to make the change.

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Mobile Payments

PayPal’s Ready On Mobile Payment’s True Potential
 

Time’s up. No more wasted effort solving the mobile payment problems consumers don’t have, PayPal COO, Bill Ready, told Karen Webster. It’s now time to take the lid off all the ways that mobile devices can unlock valuable consumer commerce experiences — whether they’re shopping in a store, online or in those blurred lines in between. For that, Ready says, it takes a network and a real understanding of what people and businesses need when they want to make beautiful commerce together — regardless of the bank, operating system or device they might use.

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