MoneyGram, Visa Team For Real Time Global P2P; Activist Investor Takes Stake In PayPal; Ingo, Key Bank Take Smokestack Businesses Digital.

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

July 24, 2018

Digital Identity Tracker

NEW REPORT: Safeguarding $81.7B In Online Gambling Payments

Fraudsters may like to gamble on striking it rich at the merchant’s expense, but legal online gambling platforms certainly don’t like taking those bets, nor the risks associated with clunky customer authentication processes that could put the $87.1B online gambling fortunes at risk. Russell Medley, director of risk management and fraud for online gambling platform 888.com, tells PYMNTS how the pressure to authenticate quickly, without gambling away its fraud security, is changing online gambling.

 

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Global P2P

MoneyGram And Visa Team To Deliver Real-Time Global P2P

MoneyGram announced today that it will partner with Visa to power real-time, cross-border, digital payments for MoneyGram customers using Visa Direct. Karen Webster spoke with MoneyGram CEO Alex Holmes and Visa’s SVP and Head of North America Push Payments Cecelia Frew to get all the details, including its potential to ignite a global, real-time P2P network that rides the Visa rails.

 

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Disbursements

Ingo and KeyBank: Helping “Smokestack Businesses” Deliver Instant Money

It’s not that companies really want to use paper checks to pay their customers — they just don’t know an efficient way to make a switch to digital, and instant. Ingo Money’s CEO Drew Edwards and KeyBank’s Head of Product & Innovation Matt Miller tell Karen Webster how their new partnership will help the Treasurers and cash managers of these “smokestack businesses” deliver instant money to consumers

 

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Paying at the Pump Report

NEW DATA: For 57.4 Percent Of Consumers, Savings Drives Mobile Gas App Adoption

Let’s face it, buying gas is anything but fun. But could smartphones change that — or at least make it more efficient? PYMNTS asked 10,000 consumers and analyzed 200 key data points to see if they use — or might use — smartphones to find and pay for gas. While more than 57 percent report saving money is key, more than a third just want information. Those details, plus Chevron’s Manager of Customer Payments & Card Services Rod Tos on how smartphones are changing consumers’ gas-buying experiences from a “negative” to a positive, in the Paying At The Pump Report.

 

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What's Hot


Visa: Cost Of Digital Acceptance 57 Pct Less Than Cost Of Cash Acceptance For SMBs


Trulioo Offers Instant ID Verification In The Philippines


Mobile Growth Drives 24 Percent Ad Revenue Increase For Alphabet


SoftBank, Paytm Launch Japanese Digital Payment Service


BoA Debuts Commercial Prepaid App


EC Investigates Thales' Proposed Acquisition Of Gemalto


Third Point Takes Stake In PayPal


Regulators Eye Google, China’s Interest Rates And Crypto


Revamped UK Payment System Embraces Blockchain


Bitcoin Daily: Bitcoin Nears $8K, MyEtherWallet Unveils iOS App


 

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