Lessons from Libra as PayPal bails, Vocalink CEO on payments evolution, Google Beefs up vacation rental search

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

October 7, 2019

PSD2 Tracker

Trending: How EU Regulators Are Complicating SCA Compliance

EU merchants, PSPs, and FIs watched as the strong customer authentication (SCA) deadline passed — then went right back to asking questions that regulators haven’t answered. The problem lies with regulators like the EBA, which lack an EU-wide SCA rollout plan, says Nicolas Adolph, chairman of the European Association of Payment Service Providers for Merchants. In the latest PSD2 Tracker, he discusses why merchants need more time, and how PSPs can help merchants get SCA-ready.

 

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Payments Innovation

Vocalink CEO: The Three Guideposts For Navigating Payments’ Evolution

Navigating the changing payments landscape over the last several years hasn’t been about figuring out a single foundational challenge, but about a half-dozen or so. As Vocalink CEO Gregor Dobbie tells Karen Webster, the industry must do it fast, because consumers are increasingly demanding to be in the driver's seat when it comes to pushing the market's direction. Here are the three critical navigational guideposts Dobbie says really matter.

 

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Connected Vehicles

Xevo CEO: Why OEMs Will Win The Race For The Connected Car’s Future

Automotive culture is undergoing historic change — and the rise of the connected vehicle ecosystem, and the race to get market share, is vital to this area of payments and commerce. In an interview with Karen Webster, Xevo CEO Dan Gittleman draws a roadmap for the future of connected vehicles, one in which he says original equipment manufacturers (OEMs) will win.

 

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Future Payments

Why The SAFE Banking Act Won’t Solve All Cannabis’ Payment Problems

With the House's passage of the SAFE Banking Act, the U.S. could be one step closer to solving legal cannabis retail’s payment problems, but such a future is still far away. David Durant, executive vice president and general counsel for YapStone, tells PYMNTS what’s coming next for retail cannabis, even if the SAFE Banking Act fails to become law.

 

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KLW Commentary

What We’ve Learned From Libra

The news last week that PayPal withdrew its support of Libra is the first overt sign that the Libra Association member foundation is cracking. Karen Webster says that the path that Libra is now on was wholly predictable — and a lesson for every innovator with a great idea and a not-so-great ignition strategy. Rather than pile on, Webster has four lessons to be learned from Libra’s experience to date, and what its future might hold. Take a read.

 

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What's Hot


India Lodging Startup OYO Raises $1.5B Led By Founder, SoftBank


PayPal Bails On Libra


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Walmart Finds Buyer For ModCloth


Coinbase CEO: US Should Support Libra Or Get Left Behind


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EU To Call For Digital Tax Reform, Stablecoin Regs At G20 Meeting


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