| Retailers mount antitrust attack on Amazon and Google, Mastercard talks fueling RTP, Gig economy and the insurance services gap | | | Mastercard: Why Nordic Countries Could Fuel RTP Push Last week, Mastercard and P27 announced their partnership to enable real-time payment (RTP) and batch clearing across the Nordic countries â a region with closely connected populations and trade. Paul Stoddart, president of new payment platforms at Mastercard, tells Karen Webster how this effort could inspire other RTP pushes, and explains the key lessons from previous real-time payment pushes that will play a big role in the early 2020s. |
| Citi On The Art And Science Of Detecting B2B Outlier Payments Last week, Citi unveiled its Payment Outlier Detection system, designed to help corporates find anomalies in payment flows. Manish Kohli, global head of payments and receivables at Citi, tells Karen Webster how machine learning and AI can help corporate treasurers spot the payment equivalents of needles in haystacks â and accept or reject them with speed and security. |
| Is Digital Age Verification Coming Of Age? Merchants and governments are raising the minimum age for tobacco purchases to 21, which can present challenges for sellers of such products. Jason Hardy, COO at AgeChecker.Net, discusses with PYMNTS how digital technology can solve those problems, and where the weak spots are when it comes to online age verification â and why that process is having its own bright moment. |
| | Disbursements Tracker™ | | Gig Economy And The Insurance Service Gap For the 58 percent of millennials who consider themselves entrepreneurs, and hustle from gig to gig, insurance can be a barrier to launching a successful business. However, a lack of access to short-term liability insurance â with equally short settlement times â can leave gig entrepreneurs passing on projects, says Jay Bregman, CEO and co-founder of micro-insurance company Verifly. In the latest Disbursements Tracker, he discusses why insurance services must adjust to demand for instant payments. |
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