Bill could keep Big Tech out of FinServ, Samsung Pay offers credit in India, Will FTC fine cost Facebook friends?

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

July 15, 2019

Supply Chains

For Mastercard/OpenText And The Automotive Industry: Have Trust, Will Trade

Mastercard and OpenText have partnered to streamline supply chains and help boost spot trade credit. Claire Thompson, executive vice president, Enterprise Partnerships, Mastercard and Joel Kremke, vice president, global sales, OpenText explain to Karen Webster why the automotive supply chain is first — where information on 200,000 suppliers fosters trust and trade.

 

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PODCAST: Onboarding

Can A Line Of Code Fix Customer Onboarding?

Could a line of artificial intelligence (AI)-backed code take the friction out of eCommerce onboarding? In a new podcast, Sunil Madhu, founder and CEO at Instnt Inc. and Mimi Salcedo, the company’s co-founder and VP of product, talk with Karen Webster about how to make the process less frustrating for consumers, and harder to exploit for fraudsters.

 

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Credit Unions

Amazon Prime Day(s): Are Credit Unions Primed For Opportunity?

Amazon Prime Day spans two days and will spur billions of dollars in spending. Norm Patrick, PSCU vice president, tells PYMNTS that credit unions and their customers can enjoy ever stickier relationships as rewards programs will reap rewards well beyond Monday and Tuesday’s buying frenzy.

 

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Online Payments

The ‘Invisible Change’ Coming To Online Shopping

Payments are always changing, and one of the latest behind-the-scenes moves is designed to reduce card abandonment in eCommerce. Simon Armstrong, vice president of products at Entersekt, talks with PYMNTS about the new EMVCo standard, and why merchants employing it could see revenue gains.

 

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 KLW Commentary

Facebook Slapped With $5B FTC Fine But Still Has Lots Of Friends

Lawmakers want to break them up. Regulators want to fine them (and reportedly will) — big time. The media keeps piling on. Everyone hates Facebook except ... the consumers who keep showing up every day and the advertisers who drive their significant top line growth. It’s a story, Karen Webster said, that hasn’t been told ever since the Cambridge Analytica scandal broke last year. And could be why its stock price jumped nearly 2 percent on news of the $5B FTC fine. Here’s that story.

 

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What's Hot


Samsung, Tech And Banking Cos Team To Use Blockchain For Mobile Identity


Lawmakers Propose Bill To ‘Keep Big Tech Out Of Finance’


Facebook, FTC Reportedly Reach $5B Settlement


Samsung Pay Offers Payments, Credit To Indian Marketplaces


Amazon Prime Sign-Ups Have Slowed Since 2016 Peak


Mark Cuban: Libra Cryptocurrency Is A 'Big Mistake'


Paytm Claims 8M Customers In Japan


Umbrella Raises $5M To Connect Seniors With Gig Workers


US Retailer Store Closures Could Top 12K By Year End


Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t. Bids; BitFunder CEO Gets 14 Months For Crypto Fraud


Best Of Yesterday 


Fighting Crypto’s $1.2B+ Fraud Problem


Mastercard On What’s Next For Transfast


AI That 'Thinks' Like A Fraud Analyst


 

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