PayPal opens in China, Chase on fraud’s Goldilocks problem, Do instant payments have an ROI?

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October 1, 2019

PODCAST: How To Instant Series

Instant Payments Are Here — How To Measure The ROI…

For any firm in the business of paying out funds to a consumer or another business, the question about instant payments is no longer an "if", but "when". Firms aren't going to decide whether or not to "do instant," Ingo Money CEO Drew Edwards tells Karen Webster in a new podcast — because those that don't won't survive. Here's how to measure the ROI of instant.

 

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C-Store Innovation

EMV’s Delay Has Been The Convenience Store’s Innovation Gain

U.S.-based fuel retailers have another year to get right with EMV. Chris Triconi, director of petro, convenience stores and fuel retail at payment tech firm LISNR, tells PYMNTS how gas stations and convenience stores can, and should, take advantage of the next year to win over more consumers — especially younger ones.

 

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Faster Payments

FedNow And ISO 20022 Are Here — What Now For FIs And Faster Payments?

With 54 domestic faster payment schemes around the world already, we’re headed toward the day when settlement in seconds is the "new normal" for payments. To get there, says Craig Ramsey, head of real-time payments at ACI Worldwide, FIs must learn to love the API. Here's why.

 

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SMBs

Why Better Data Is The First Step In Curing The ‘Startup Slump’

Opportunity Fund's VP of Research and Policy Gwendy Brown tells PYMNTS that there’s a “startup slump“ plaguing the economy today and lack of access to SMB credit is to blame. The solution, she says, starts with data, and at the CFPB using the information on the sector that Dodd-Frank ordered them to gather a decade ago.

 

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Digital Fraud Tracker™

Chase On Using Machine Learning To Crack Fraud’s Goldilocks Conundrum

Banks have a Goldilocks problem: Authentication processes can’t be too rigorous for legitimate consumers, but also can’t be too lax so that fraudsters can easily exploit them. In the new Digital Fraud Tracker, Andrew Sloper, Chase’s head of digital authentication, tells PYMNTS how machine learning tools provide a layered, preventative approach without sacrificing a seamless user experience.

 

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