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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

February 4, 2021

PYMNTSTV: Chargebacks

3DS2 Helps Merchants Shift Chargeback Liability

As the digital-first economy continues its momentum, fraud remains a growing problem and one that often blindsides merchants. In the latest PYMNTSTV segment, PAAY CEO Yitz Mendlowitz and Karen Webster discuss how 3DS2 technology helps merchants shift chargeback liability in a way that many say seems "too good to be true."

 

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Data Aggregation

The Clearing House: New Data Risk Assessment Facilitates Bank/FinTech Collaboration

To move past “screen scraping,” TCH is advancing connected banking through its new data risk assessment service. Senior Vice President of Product Strategy Ben Isaacson told Karen Webster how an API-centric ecosystem can make data sharing more secure and transparent for all parties involved.

 

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AML Regulations

Shifting Crypto Regulations Spotlight Need For ID Verification

A flurry of legislative and regulatory activity late in 2020 will strengthen AML rules and hopefully reduce fraud. But they’ve also complicated the cryptocurrency picture. The result, as Trulioo Chief Operating Officer Zac Cohen told PYMNTS, is that firms will need to prepare for more stringent rules around beneficial ownership.

 

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Digital-First Economy 

Digital-First Economy Fast Tracks Purchase Insurance, Warranties

Want insurance with that sofa? A warranty for that microwave? The digital-first economy, with its correlating stay-at-home trends, has driven more purchases online, where the high-touch environment for high-ticket items has been changed. Cover Genius’ Vice President of Partnerships Peter Paine told PYMNTS that the environment has led consumers to protect their purchases with InsurTech.

 

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How We Live

Homebuying Platform Rolls Out Welcome Mat For Investors

Market conditions are favorable for real estate investing, but the process is decidedly analog. Doorvest co-founder and CEO Andrew Luong told PYMNTS that many potential investors have been scared off by the friction in that process and his company wants to bring it into the digital-first economy.

 

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Digital Identity Tracker

Best Western Australasia Sees Voice, Contactless Digital Identity Key To Reviving Hotel Industry

Hotels are still reeling from the global travel slowdown, but adopting emerging technologies such as contactless ID verification could give travelers the confidence they need to rest easy when booking rooms. In the Digital Identity Tracker, PYMNTS spoke with Graham Perry, managing director for Best Western Hotels & Resorts Australasia, about mobile tools, contactless experiences and voice authentication's potential in the industry.

 

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What's Hot


PayPal Hits 377M Active Accounts In 2020; Q4 PayPal Credit TPV Hits $750M


China’s Internet Population Surges To Almost 1 Billion


Payoneer To IPO In $3.3 Billion SPAC Merger


Apple Said To Put $3.6 Billion Into Kia For Apple Car Project


Chinese Regulators, Ant Group Agree On Restructuring Plan


Buy Now, Pay Later Startup Klarna Posts Record US Growth


Study: Restaurant Gift Card Sales Fell More Than 30 Pct In 2020


Good Eggs Raises $100 Million To Expand Online Grocery Delivery


Uber Eats Commits $20 Million To Support Independent Restaurants


Bitcoin Daily: Uphold Acquires Optimus Cards To Launch Crypto Debit Card; California Man Charged For Defrauding Victims of $11.4 Million In Crypto Investor Schemes


Best Of Yesterday 


BillMeLater Co-Founders Launch Deep Lake Capital SPAC For FinTech Deals


Visa: Crypto API Program Makes Crypto An Economic Empowerment Tool


Porch Leverages IPO To Bring Digital Technology To Homebuying


 

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