| Uber Money wants to be driverâs bank account, China endorses the blockchain, Visa says x-border growth critical for most SMBs | | | Visaâs Kereere: SMBs Say X-Border Growth Critical â But Daunting A new study from Visa finds 87 percent of small business (SMB) merchants see cross-border growth as critical for their top lines â but, a majority also believe they are ill-prepared to seize this important global sales opportunity. Suzan Kereere, Visa's global head of merchant sales and acquiring, tells Karen Webster about the barriers and opportunities Visa uncovered after talking to 1,000 SMBs worldwide. |
| Why Data-Centric Means Member-Centric For CUs Nearly 40 percent of credit union (CU) members are willing to switch their primary FI â putting the pressure on CUs to up their game and make member engagement and retention more important than ever. In this monthâs Credit Union Tracker, PYMNTS talks with Celeste Kier, senior vice president and director of customer experience for ESL Federal Credit Union, about how much better data can identify and meet customersâ demands. |
| Stardog On Data Managementâs âUseful Fictionsâ Conventional wisdom on data management is that intra-company silos need to be broken down. Kendall Clark, CEO of data unification firm Stardog, tells PYMNTS that tech is rife with such useful fictions. To glean insight from the data, which is unavoidable and unstoppable like the weather, one rule of thumb is: Pretend the silos aren't there. Hereâs the how and why. |
| WEX: Getting To B2B Payments’ Innovation Core — And Beyond Legacy Systems What's in store for B2B payments innovation in the next five years? In a new Masterclass video interview, WEX President of Corporate Payments Jay Dearborn tells PYMNTS to expect bank-FinTech collaboration to accelerate, as innovators tackle the legacy systems bogging down both FIs and corporates. However, businesses, he says, have a role to play in promoting account payables (AP) innovation. Here’s why they, too, should embrace the spirit of collaboration. |
| | Gig Financial Services | | Uber Money Wants To Be The Bank Account For Uber Drivers On Monday (Oct. 28), Uber launched Uber Money â the companyâs new hub for all the financial services it offers its users and drivers. In advance of the announcement, Karen Webster gets the scoop from Uber's Head of Payments Peter Hazlehurst, who discusses how the offering will pay drivers automatically after each ride, while layering in even richer driver and rider rewards. Hereâs how, he says, the offering will radically reorient Uberâs ecosystem around its new Uber Wallet. |
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