Mastercard launces B2B payments hub, Verifone divestures loom, Credit card charge offs soar.

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June 9, 2017

Retail Reinvention

Skava And The Power Of Consumer Intent
 

Imagine what would happen to retail sales and conversions if retailers knew their consumers so well that, when they visited a site, a shopping cart filled with all of the things they wanted to buy was ready for them. Skava CEO, Arish Ali, tells Karen Webster that it’s possible—provided that the merchant understands that shopper’s intent. Here’s his theory on getting to that retail nirvana.

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Contextual Commerce

Contextual Commerce Comes To Higher Ed
 

Getting tuition paid is one headache. Sending tuition abroad can cause headaches of a different sort: How do you know if the check to Europe for Junior’s semester abroad will make it safely from New York, for instance? One partnership, between Cashnet and Flywire, seeks to smooth payments for international students by making payment contextual and part of the billing process, as Flywire’s EVP of education, Sharon Butler, tells PYMNTS.
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Financial Services

Financial Services Innovation/Inertia Tug of War
 

As traditional financial services firms find themselves challenged by FinTech and other upstarts, the choice—when it comes to products, services and even culture—is to change or stay the course. But, as John Epperson, principal at Crowe Horwath LLP and Jason Henrichs, MD at FinTech Forge, told PYMNTS, why inertia often wins.

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B2B Payments

Mastercard Launches B2B Payments Hub
 

Think the paper check is dead? Think again — it's still alive and well, and behind most of the B2B payments. But Mastercard and new business partner AvidXchange are taking on that problem with the launch of Mastercard’s B2B Payments Hub to help “the Mighty Middle” improve their invoicing and payment processes. Karen Webster chatted with Avid's CEO Michael Praeger and Mastercard’s Richard Crum, about the Hub and what's next for B2B payments.

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What's Hot


Verifone Edges EPS Estimates, Divestitures Loom


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Nordstrom To Go Private?


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CFPB Requests Retail Credit Cards Offer More Transparent Promotions


Microsoft Buys Hexadite To Help Companies With Cybersecurity


Concardis Expands Global Reach By Launching Alipay In Austria, Switzerland


House Financial Choice Act Scuttles Parts of Dodd-Frank Financial Industry Reforms


Upward Revision to 1Q GDP in the Offing?


UK Election Surprise Throws Brexit Fate Into Doubt


Best of Yesterday 


NEW REPORT: How P2P Gives B2B X-Border Merchants A (Revenue) Lift


Meet The Identity Verification Robot


 
 

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