Stripe rolls out Stripe Terminal, Vodafone users can make Alexa calls, BNY Mellon’s AI Fix for fighting fraud

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

June 12, 2019

Retail Innovation

How A Retail Incubator Could Produce The Next Big Innovation

Big brands like Foot Locker, Walmart and Target have embraced retail incubators in the hopes of fostering innovation that will translate into more sales and customer loyalty from younger, mobile-first consumers. Chris Ostoich, co-founder of LISNR, takes PYMNTS inside Target’s incubator.

 

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Marketplaces

'Human-Proofing' Marketplace Fraud

Consumers like shopping on online marketplaces — and so do cybercrooks. In some ways, Yapstone Chief Information Security Officer Richard Noguera tells Karen Webster, building the tech tools to fight fraud is comparatively easy. "Human-proofing" marketplace security is an entirely different, harder challenge. Here’s why.

 

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Accounts Payable

Protecting Accounts Payable From Smarter, Faster Fraudsters

Payments are getting faster, fraudsters are getting smarter — and accounts payable (AP) departments are often unwitting victims of phishing and other schemes. Doug Cranston, Bottomline VP of product management, tells PYMNTS that machine learning and other technologies can help wage effective battle against the bad guys. Here’s why.

 

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Digital Fraud Tracker™

BNY Mellon’s AI Fix For Reducing False-Positives

Hunting cybercriminals has become much like finding needles in a haystack — and artificial intelligence (AI) is the magnet banks must use to extract them, says Joseph Sieczkowski, head of technology architecture and data at BNY Mellon. In this month’s Digital Fraud Tracker, Sieczkowski discusses how the bank is using AI to identify fraudsters, while reducing false-positives.

 

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