Mastercard names new Vice Chairman, Wells Fargo planning corporate banking shakeup, and Crowdz talks blockchain in B2B trade.
| | | | BUSINESS TO BUSINESS EDITION | | AI Gets Personal To Reduce False Declines Doing whatâs best to serve and protect the customer from fraud: Itâs a goal every FI wants to achieve, and AI, done right, can accomplish it. Done wrong, Brighterion CEO Akli Adjaoute told Karen Webster, might save fraud costs but will cost them more than money in false declines. Hereâs why FIs must move past legacy fraud systems and thinking â and embrace âthe realâ AI. |
| B2B Startups Integrate Artificial Intelligence To Impress Investors With more than $95 million in financing placed, startups across a range of B2B services secured support in this week's B2B Venture Capital roundup. A closer look at the deals, however, reveals investors' appetites for artificial intelligence to enhance solutions from eProcurement processes to warehouse robotics. Unsurprisingly, however, a blockchain company working to enhance B2B payments across borders beat out the competition with the largest funding round on the list. |
| | B2B eCommerce | | Blockchain Nudges B2B Traders To The Digital Realm It may seem difficult to believe that any business today could be operating without a website, but in B2B trade, the migration to digital channels largely remains stuck in the past. Payson Johnston, CEO of blockchain company Crowdz, says the biggest barrier to migrating online for manufacturers is the overwhelming amount of paper involved in B2B trade they need to digitize. He spoke with PYMNTS about how blockchain can address that pain point, the opportunity it offers in trade finance and the ability for blockchain systems to continue growing despite volatility in the worldâs trade relationships. |
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