eBay Sues Amazon, Card networks boost token efforts, Firms face rising cross border commerce risks

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October 18, 2018

Financial Literacy

Visa, NFL Video Game Passes Financial Literacy To Kids

One out of five teenage students in the U.S. fumble on financial literacy. Visa and the NFL are trying to help turn that around with the latest installment of a video game that interactively combines financial education and NFL playmaking. Karen Webster talks with Visa SVP Doug Leighton about the reasoning behind Financial Football and how it can help tackle financial illiteracy.

 

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Cross Border Payments

Markets Swoon And Risk Looms For Firms’ Cross-Border Commerce

Volatility in the stock markets and rising rates may have ripple effects — and, among them, a greater amount of business risk tied to doing business across borders. Karl Schamotta, chief market strategist at Cambridge Global Payments, tells Karen Webster that the era of cheap money may be over, and how, in combination with currency volatility, it will add stress to many enterprise business models.

 

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Digital Payments

Flywire Streamlines Tuition Payments For Indian Students

Though India is the world's fastest-growing market for students studying abroad, the process of paying for that cross-border education used to be a massive stumbling block. Flywire, working in partnership with Deutsche Bank, has rolled out a new, digitized cross-border tuition payment solution — which Ryan Frere, Flywire’s VP of global payments, says leverages the payments and authentication framework established by the Indian government and RBI.

 

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Digital Banking Tracker™

TRENDING: Is Sharing Cybercrime Data Key To Fighting Fraud?

As cybercriminals ramp up their attacks, a growing number of FIs are turning to AI and machine learning to protect customers and assets. However, that isn't enough to stop fraudsters in their tracks, according to CEO Bill Nelson of FS-ISAC. In the latest Digital Banking Tracker, Nelson explains why it's becoming imperative for FIs to collaborate and share cybercrime data to effectively use learning technologies to combat sophisticated fraud attacks.

 

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