Paytm eyes expansion into Japan, OfferUp CEO talks marketplace fraud, Why most consumers don’t use gas apps

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

November 30, 2018

Unscripted Podcast

WePay On The Art Of Payments Risk Management

The digital evolution of commerce has created a whole new world of risk — traditional methods of mitigation are simply inadequate. That’s the take from both Rich Aberman, WePay’s co-founder, and the company’s VP of Product Risk, Compliance and Experience John Canfield. In this week’s Unscripted Podcast they explain how the next generation of risk management will be predicated on data sets and context.

 

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Mobile Apps

Why 95 Pct Of Consumers App-Out When Buying Gas

Everyone uses smartphones for everything, yet more than 95 percent of consumers fill up without breaking out a mobile app, according to new research from PYMNTS, in collaboration with GasBuddy. How can gas station convenience stores do more with mobile? GasBuddy CTO Max Metral digs into the data, discussing what works in winning over mobile-focused consumers and what’s heating up for c-store retail and fuel purchases.

 

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PYMNTS Exclusive

New Black Friday Data: Shoppers Spent Big (Or Stayed Home)

Not everyone broke down retailers’ virtual and physical doors to get shopping done on Black Friday. In fact, 39 percent of would-be buyers stayed home. Those who braved the frenzy got up early, according to a PYMNTS’ Black Friday survey. A thousand of those brave consumer souls tell us what they bought and why, giving clues for what to expect this holiday season.

 

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Digital Fraud Tracker™

OfferUp CEO On Making Marketplace Authentication Smarter

Digital marketplaces have become beloved by buyers and sellers — and fraudsters. Nick Huzar, CEO of OfferUp, says that most current authentication standards are either too lax — sacrificing security for simplicity — or too stringent, which hurts the user experience. In the latest Digital Fraud Tracker, Huzar tells PYMNTS why finding the perfect balance means depending on “smarter authentication,” and using tools like AI and machine learning to fight fraud while keeping the consumer experience convenient.

 

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