Lawmakers raise FinTech concerns, Amazon lowers marketplace fees, Affirm’s Levchin on changing the consumer credit conversation

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December 21, 2018

Consumer Credit

Affirm’s Levchin On Changing The Consumer Credit Conversation

In recent years, the view that credit is inherently dangerous for consumers has become popular. Popular, but wrong, Affirm Founder and CEO Max Levchin tells Karen Webster — and likely to point the credit conversation in the wrong direction. Access to credit is more often a consumer need than a whim, he notes, and the right conversation is about how to construct credit products so they become tools that give consumers choice and control over managing their cash flow.

 

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Fraud

The Consumer’s Role In Battling Fraud

Forecasting the future of fraud these days is much harder work than it was two years ago. The reason, TCM Bank’s CEO Damon Moorer tells PYMNTS, is that after years of breaches, fraudsters have massive troves of data to leverage in ever-increasing, creative ways. The tools, he notes, are improving, but it’s still early in the new age fraud battle — and there are more unknowns than knowns.

 

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Payroll

Square Talks Temp Payroll

The holiday hiring crush is challenging for retailers in general, and it’s particularly tough in 2018, with employers bringing on a record number of temp workers. Square’s Head of Payroll Caroline Hollis talks to PYMNTS about the annual labor crush — and how smart SMBs are keeping the back office merry during the busiest time of year.

 

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Mobile Order-Ahead Tracker™

The Role Of Biometrics In Streamlining Order-Ahead

Hummus and pita with a side of cybersecurity? When it comes to warding off fraudsters, QSRs would be wise to adopt biometric authentication and entrust customer data storage to partners, says Dan Simpson, CEO of the Taziki’s Mediterranean Café chain. In the latest Mobile Order-Ahead Tracker, Simpson explains how it is possible to keep fraud controls current, without having to be a tech pioneer.

 

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