Treasury Secretary supports banking pot companies, Stripe powers ACH for Xero, The reality of real time payroll.

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February 7, 2018

Cybersecurity

To Blunt Fraud, Chase The Consumer, Not The Fraudster

Here’s a thought: Instead of organizing fraud systems around the things that make a bad guy bad, why not focus on what makes a good customer, good? Featurespace CTO Dave Excell tells PYMNTS how focusing on the flip side of the fraud coin reduces the cost of fraud, as it increases conversions by reducing false declines.

 

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The Matchmaker Is In

Real-Time Payroll: Not Just For Gig Workers

Real-time, on-demand payments aren’t just for gig workers. Traditional employers are exploring the benefits to salaried workers if they are paid in real time for the hours worked, too. In a recent Matchmakers interview with Karen Webster, Tomas Likar, VP of strategy for Hyperwallet, explained how technology now gives both employers and on-demand platforms new tools for more flexible payment solutions. The question that remains for traditional employers is whether they’re ready to take that next step.

 

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mPOS

PayPal On Taking Merchants From Here — To Their Multichannel Anywhere

Today, PayPal Here will roll out its latest mPOS card readers, which can accept all payment types, including EMV and contactless. PayPal’s head of In-store products, Chris Gardner, gave Karen Webster the inside scoop about the role Here plays in serving as a “one stop shop” for accepting digital payments from SMBs and enterprise merchants.

 

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Faster Payments Tracker

Chase Talks Real-Time Payments, Real-Time Ubiquity

As countries like Australia and Hong Kong roll out their real-time payment schemes, U.S. multinationals stand to benefit from an interoperable faster payments infrastructure, says Art Briekse, JPMorgan Chase's head of faster payments. In the February Faster Payments Tracker, Briekse talks about the bank’s efforts to build an instant payments platform that works with international payment schemes. The work, he believes, starts with onboarding smaller U.S. players for reaching real-time ubiquity.

 

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What's Hot


Apple Taps Alipay For Apple Store China Payments


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Stripe Enables ACH Payments For Xero


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PayPal Says Mobile Payments Important To Freelancers


OCC Chief Praises Mulvaney On Halting Payday Rule


States Press Regulators To Simplify FinTech Licensing


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