SoFi CEO to depart at year-end, Venmo rolls out debit card, A look inside Expedia’s payments engine.

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September 12, 2017

PYMNTS Data Drivers

In B2B, High Profits Amid New (Tech) Processes
 

B2B payments as the font of...innovation and profits? It can be done, says CurrencyCloud CEO Mike Laven. And in our latest Data Drivers, 55 percent of payments execs agree: The bottom line can benefit with foresight, dedication and not a little bit of technology. And speaking of technology, an innovative slew of service providers is threatening to upend banking, that last bastion of vertical integration.

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Banking Innovation

Real Innovation Solves Today’s Problems, Not Tomorrow’s
 

Surcharge-free ATMs: an idea that makes you wonder, “Now why didn’t I think of that?” But when innovator Douglas Miraglia, president of MoneyPass, came up with the idea, its success was anything but guaranteed. PYMNTS caught up with Miraglia to find out how he got his inspiration, where he thinks the payments space is headed and what young innovators would do well to heed.
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CFPB

Could Equifax Be The Unexpected (And Unwilling) Savior Of The Arbitration Rule?
 

Equifax — along with the other credit rating bureaus, lobbied hard against the CFPB’s pending rule against forced arbitration clauses. Lobbying that very nearly paid off — as of early last week it seemed certain Republican lawmakers were going to use the CRA to strike it down. But now a massive data breach and a very ill-timed insertion of arbitration clause could change the shape of the debate. And it looks like Equifax might just have accidentally saved the force arbitration rule from what looked like certain repeal.

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PYMNTS Payments Powering Platforms Tracker™

NEW REPORT: Expedia Explores The Payments World
 

Travel now, pay later? In this month’s PYMNTS Payments Powering Platforms Tracker™, powered by WePay, Wilson Wang, director of checkout and payment products for online travel platform Expedia, explains why the company is doing everything from offering payment plans to accepting foreign currency in an attempt to make travel payments as painless as possible for its customers and its hotel and airline partners. Find that, along with headlines and rankings of 72 providers, inside the hot-off-the-presses Tracker.

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