Libra unraveling ahead of Geneva meeting, Google Play boots payday loan apps, The hidden fraud that spells big marketplace losses

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October 14, 2019

Monday Conversation

Olo's Noah Glass: What Restaurants Don’t Know They Don’t Know About Delivery Aggregators

Delivery aggregators tout themselves as a lead gen channel for restaurants as they work overtime to disintermediate the restaurants from their customers. Olo CEO Noah Glass tells Karen Webster in a conversation about its latest Google integration that restaurants are at risk of bringing a knife to a gunfight with these digital-savvy platforms. Here’s why.

 

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Secure Marketplaces

The Hidden Fraud That Spells Big Marketplace Losses

A good intro offer can be a sure way to attract consumers. Yet, it can also draw fraudsters — who’ve found ways to exploit free offers at scale on marketplaces. The good news, Boku CEO Jon Prideaux tells Karen Webster, is that it's easy to lock them out before they start. The bad news is that it's usually hard to know a lock is needed until after losses have piled up.

 

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B2B eCommerce

Turning Every Supply Chain Into A Custom B2B Marketplace

The B2B eCommerce space now understands that it couldn’t follow the same path to adoption that B2C marketplaces did, but a single B2B marketplace can't address all businesses' needs, either. Mark Johnson, CEO of Four51, tells PYMNTS how application programming interface- (API) first platforms now enable corporates to turn their supply chains into unique marketplaces that digitize their order-to-cash cycles.

 

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Facebook's Libra

Libra’s Unraveling And The Geneva (Crypto) Convention’s Folly

After the mass exodus from Facebook’s Libra project on Friday (Oct. 11), the cryptocurrency’s remaining 22 corporate backers gather in Switzerland today (Oct. 14) to throw their weight behind the new crypto. PYMNTS takes stock of who’s left, what’s next and why building a network without firms to lay the critical tech infrastructure — especially for payments — will be no easy undertaking.

 

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KLW Commentary

What’s Wrong With The Attack On Gig Economy Pay

Lawmakers are "guns a-blazin'" over worker pay and benefits for gig economy workers, with Uber and Lyft at the top of their hit list. Karen Webster says that all one has to do is look at the regulated taxi industry to see the great hypocrisy of their claims — an industry, that for decades, hasn’t given a whit about the wages or well-being of its independent taxi drivers. It’s why those attacks, she says, have little to do with worker pay, and everything to do with something else instead. Here’s what — and why.

 

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