| So, You Want To Be A PayFac
In Episode One of the PYMNTS PayFac Podcast Series, Rich Aberman, co-founder of WePay, taught us what a PayFac is. In Episode Two, he explained how PayFacs differ from a merchant of record and why a merchant might choose one over the other. In Episode Three, Aberman walks Karen Webster through the process, step-by-step. Read More... |
| The Magic Of Selfies In Life Insurance
The problem with life insurance, Legal & General Insurance, EVP James Galli told PYMNTS in this weekâs Topic TBD discussion, is that consumers think it costs too much and that the process to apply is painful and paper-filled. The good news, Galli said, is that technology can help get consumers over both humps. And the Selfie has an awful lot to do with it. Just donât smile.
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| ICBA Bancard CEO: Community Banks Move Faster Payments Forward
Community banks have long been heralded as local leaders that create jobs and reinvest in their communities, but ICBA Bancard President and CEO Tina Giorgio tells PYMNTS that community banks are also nimble users of new technology platforms, including new methods of payments. And among the early adopters of faster payments. Details. Read More... |
| | Innovation and Disruption | | The Great Online Innovation Pile On Of 2017
Facebook is slammed for squashing startups and being a âcopycat.â Google gets fined $2.7B for being anticompetitive in a sector that doesnât matter much five years after its complaint was filed. Amazon and Whole Foods â and their combined whopping 2.5 percent market share of grocery if the deal is approved â are being called out for possibly running afoul of antitrust regs. All things that, Karen Webster says, make salacious headlines around the classic âDavid versus Goliathâ narrative. But ignore the innovation elephant in the online platform room â todayâs Goliaths are all competing in a complicated ecosystem where itâs impossible to identify clearly whoâs competing with whom â and for what and on whose turf. Read More... |
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