PayPal’s Q2 rattles investors, Lawmakers want Fed to run faster payments, Using AI to fight AI-armed fraudsters

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

July 25, 2019

Digital Banking Tracker™

How BBVA Uses AI To Fight AI-Armed Fraudsters

While FIs are turning to artificial intelligence (AI) and machine learning (ML) to keep bad actors out, fraudsters are using that same tech to muscle their way in. In the latest Digital Banking Tracker, Brian Fricke, BBVA's chief information security officer, tells PYMNTS how banks can use data points like geolocations and behavioral tags to out AI the fraudsters.

 

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Trade Finance

Leveling The Lopsided Trade Finance Playing Field

When it comes to trade financing — it's not easy being new or small. Big established, high-margin firms have so many baked in competitive advantages, Fundbox Sales and Operations Vice President Abbie McBride tells PYMNTS, that used to be impossible to make available to small firms. Emphasis on the words used to be.

 

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Payment Methods

Why Payments Diversity Matters As Firms Go Global

As firms seek to increase their presence and grab customers across the globe, they often find that one size does not fit all — at least when it comes to payments. Deirdre Ives, CEO and managing director at Wirecard North America, tells PYMNTS that businesses must be flexible enough to offer digital or cash payment options, on a market by market basis.

 

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Earnings

PayPal’s Q2 Rattles Investors

Product integration delays sent PayPal shares into a slump with growth forecasts below estimates. It’s a top line hiccup, management says and not lost sales. Underneath the hood, they say there are plenty of other cylinders firing for the long term. We’ve got the breakdown.

 

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 Payables Friction Playbook™

Supplier Onboarding: What 1,040 AP Professionals Say They Would Change

AP Professionals report varying degrees of satisfaction with their onboarding process — which is a mix of digital and manual. The Payables Friction Playbook: Old-School Manual Versus Digital Onboarding edition analyzes survey response data from 1,040 AP professionals to break down what they do now, and what they’d change — and why.

 

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