State regs investigate payday advances, Visa CEO on Apple Card, Libra and RTP, Merchants scramble to meet SCA deadline

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

August 8, 2019

Instant Payments

How Airbnb, Lime, Turo, Fiverr And Newegg Are Using Instant Payments

Making payouts to workers and suppliers is the goal, but that's often easier said than done. PYMNTS talked to payments executives across many of the biggest gig economy platforms and marketplaces to get the 411 on how they’re making instant pay and what’s still needed. Here’s what Airbnb, Fiverr, Lime, Newegg and Turo told us.

 

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Digital Security

Can Less Digital Security Actually Be More Secure?

Fraudsters have relatively little difficulty getting past online security gates that depend on consumers answering simple questions like the color of their first car. Cognito Co-Founder and CEO Alain Meier talks with PYMNTS about how collecting less data from consumers might, in fact, serve to improve security. But will it pass muster with consumers and merchants?

 

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Credit Union Innovation Playbook™

Why Credit Unions Have A Member Loyalty Gap

Credit unions are staring at a big gap between the loyalty programs on offer and what members really want. PSCU’s Senior Vice President of Product Delivery And Innovation Denise Stevens, talks with Karen Webster about how to bridge the innovation gap and the risks of just staying the course.

 

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Trade Finance

Why China’s SMB IOUs Spell Out Troubles Ahead

China’s IOUs are now risky business, with firms in the country running out of ready cash to pay one another. Welcome to a trade finance gap on a grand scale. We’ve been down this road before — but the stakes are higher, as so many countries depend on China’s economic growth. Here’s the dive.

 

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PSD2 Tracker™

As SCA Deadline Looms, Merchants Scramble

Twenty-five percent of EU merchants are unaware of PSD2’s SCA requirement — and even more are unprepared. And come Sept. 14, exemptions and extensions, aside, that could cost them big. More than a third or more of their payments could fail for lack of compliance, says Peter Robinson, payments advisor at EuroCommerce, a consortium of retailers from 31 European countries. In the latest PSD2 Tracker, he shares what EU merchants are doing to avoid that very real threat.

 

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What's Hot


Facebook’s WhatsApp Still Vulnerable To Year-Old Chat Hack


State Regulators Investigate Payday Advances


Lyft’s Revenue Per Rider Up Amid More ‘Rational’ Ride-Hailing Market


Visa CEO Talks Apple Card, Big Tech, Libra


FedEx Will Not Renew Amazon Ground Delivery Contract


Groupon Debuts Membership Program


C2FO Lands $200M For Dynamic Discounting Tech


JPMC Makes 'Strategic Investment' In FreshBooks


Coinbase To Answer To Lawsuit From Bitcoin Cash Buyers


Bitcoin Daily: ECB Tightens Scrutiny On Crypto Transactions; Tax Bill Would End Double Crypto Tax


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