PayPal hits 218M users, Affirm’s Levchin signals move beyond lending, Who’s got what share of buy buttons online?

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October 20, 2017

Push Payments

The Trickle Down Theory Of Push Payments
 

No more check? Check. But when? That depends on when the bigger corporates will embrace push payments, as Ingo Money’s CEO Drew Edwards tells Karen Webster, since those big check issuers drive, well, more checks. One way to accelerate the process, Edwards said, is partnerships, where FinTechs can take on the heavy lifting for replacing paper-entrenched processes with a bit of hand-holding.

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Artificial Intelligence

Before You Use The Word 'Deep,' Show Me The Learning
 

Legacy fraud tools can’t keep up with omnichannel threats. Often, they follow rules that are written by humans after an incident, so they are always one step behind — and blind to context, treating every customer and transaction the same, says Brighterion CEO and founder Akli Adjaoute. What must the next generation of AI look like to meet the lofty expectations it has raised? In a recent podcast with Karen Webster, Adjaoute weighs in.
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Chinese Sellers

How To Succeed In (Chinese) Business Without Really Trying
 

When in China, do as the Chinese do — at least if you’re trying to put down roots as a business or brand. PingPong CBO and CFO Ning Wang said that the biggest mistake international companies make when trying to enter China is not changing anything about their product or business model other than the language. Even the biggest brands (Facebook, Uber, Netflix and Google) struggle with this, he said. Here’s what Wang says it takes for merchants to succeed across borders, both in and out of China.

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PYMNTS Buy Button Report

JUST RELEASED: The State Of The “Buy Button”
 

Sometimes, less is more. Why make consumers punch in 16-digit card numbers, when quick sales (and instant gratification) can be achieved in just one click? That’s a lesson the leading 1,045 online merchants are taking to heart for driving sales and improving conversion. The latest PYMNTS.com Buy Button Report maps the growing appeal of buy buttons and tracks their acceptance across 18 industry segments.

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What's Hot


PayPal Posts 218M Active Users And 17M Merchants


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Lyft Raises $1B Led By Google


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