| OCC says not ready for FinTech apps, Hurricanes push insurance companies to faster payments, How cross border receivables save rhinos. | | | Why Harvey And Irma Will Change Insurance Claims Payments Forever
The âcheck is in the mailâ is little comfort to a homeowner who's lost everything, or an Uber driver who has lost his only way to make a living because his brand-new car was under six feet of water â thanks to Hurricanes Harvey and Irma. Ingo Money CEO Drew Edwards and Visaâs head of push payments, Cecilia Frew, noted in a conversation with Karen Webster that it doesnât have to be that way. Push payments to a debit card can get money into claimantsâ hands instantly, while APIs make it easy enough for insurance companies to get on board â and in enough time to help the tens of millions who were (and still are) in the eye of those monster storms. Read More... |
| For Credit Unions, Transforming The Digital Transformation
Give credit unions, well, credit. They know they have to make the leap to embrace the digital age, but getting there seems to be more than half the battle. As Matt Kardell, chief revenue officer of CO-OP, tells PYMNTS, sometimes the decisions hinge on more than just build versus buy.
Read More... |
| Mastercard Engage Helps Partners Mind Their Digital Gap
FIs love what the world of digitally enabled commerce from every device can do for them, but donât love the incredibly complicated journey it takes to get there. Mastercard launched Mastercard Engage to help their partners mind that digital gap by expanding their Digital Vendor program. This new initiative will match Mastercard partners with the solutions providers that can turn their digital dreams into product-ready realities. Read More... |
| | PYMNTS X-Border Receivables Report™ | | NEW REPORT: Can X-Border Receivables Save Rhinos?
When navigating the payments complexities of international trade, it pays to carry a compass (app). Hereâs your compass. The first PYMNTS.com X-Border Receivables Report, powered by Flywire, is packed with analysis, data and insights on how global businesses and other organizations are tackling the thorny issue of receiving payments from buyers for their cross-border services. The inaugural issue includes a data-rich look at medically-motivated travel and an interview with American Rhino founder Chris Welles, who discusses the payments complexities of his global clothing venture, which helps protect African rhinos. Read More... |
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