Paysafe to buy iPayment, Santander does cross border with Ripple, Trump demands Post Office review.

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

April 13, 2018

Digital Wallets

Entersekt: Overcoming Banks 'Transaction Pipe' Trap

Banks could become “transaction pipes” in the age of digital payments, says Entersekt chief commercial officer Dewald Nolte, and risk the telcos fate of being labeled “dumb pipes” in the smartphone era. Nolte said mitigating that risk means turning the bank’s mobile banking app into a digital payments hub.

 

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Merchant Processing

Derisking Real-Time Commission Payouts On High-Risk Merchant Business

Paying ISOs and agents' commissions the same day on high-risk merchant transactions seems, well like risky business. T1 CEO Donald Kasdon tells PYMNTS how real-time reporting and good data systems take the risk out of paying the channel in real time — while keeping chargebacks between 10 and 20 basis points.

 

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Sizzle/Fizzle

Signatures Sizzle (Because They Fizzle) And Retail Defaults Alarm

Retail defaults cause retail to fizzle in Q1, while Facebook CEO Mark Zuckerberg got grilled on the Hill. On the flip side, Mastercard debit/credit transactions are going sig-free and India eCommerce is exploding.

 

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Trust In Data

Hub’s Blockchain’s Bid To Decentralize Trust And Strengthen Digital Ecosystems

Trust is the most valuable of assets and the currency of our digital future. In the wave of concerns over data privacy and data integrity, can trust be decentralized and still remain trusted? Eric Ly, who co-founded LinkedIn, tells Karen Webster that his latest endeavor, the Human Trust Protocol (Hub) ties reputation to tokens, in a bid to bring trusted relationships to the blockchain.

 

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What's Hot


Zillow To Flip Homes In Phoenix, Las Vegas


Trump Task Force To Look At US Post Office’s Finances


Facebook Drops Out Of Alliance To Stop California Privacy Bill


Paysafe To Buy iPayment As It Expands In North America


Judge Says Uber Drivers Are Not Employees


Santander Launches Cross-Border Payments Using Ripple


Mercedes-Benz Pilots Subscription Service


Coinstar Lets Users Pay Bills In Quarters (Or Nickels And Dimes)


Facebook Data Scandal Hasn’t Hurt Revenue — Yet


Bitcoin Daily: NYC Townhouse Seeks Bitcoin Buyer, Venezuela Puts Crypto Pressure On Government


Best of Yesterday 


NEW REPORT: How Instant Financial Rewards Boost Employee Wellness


Mastercard’s Kirkpatrick: So Long, Farewell To Signature At The POS


 

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