| UK regulators look to expand open banking beyond banks, AI helps Priceline ground fraudsters, PayPal talks Citi Enterprise payments deal | | | How AI Helps Priceline Ground Fraudsters, Lets Customers Take Off The $755 billion online travel industry is a honeypot for fraudsters looking to use stolen payment credentials to purchase vacation packages and resell them for profit. But combating fraud often comes at a cost, as onerous security protocols may alienate legitimate customers. In this monthâs Digital Fraud Tracker, Eric Lorenz, Pricelineâs vice president of finance operations tells PYMNTS how the online travel agency leverages artificial intelligence (AI) to identify risky transactions without exasperating legitimate customers. |
| PayPal: Taking On Corporatesâ B2C Payment Pain Points With Digital Wallets From gig worker payouts to insurance claims and rebates, the demand for B2C payments is on the rise. However, with recipients frequently across borders â and often without traditional bank accounts â the friction can be significant. PayPal Vice President and Head of Global Core Payments Jim Magats, on the heels of this weekâs expanded partnership with Citi, tells Karen Webster about the opportunity for connecting corporate coffers to mobile wallets to ease B2C payments' pain. |
| How Singles Day Gave Rise To Chinaâs Digital Commerce Culture Q4 used to be the slow season for Chinese retail â but not anymore, thanks to 11/11 â Singles Day, PingPongâs Richard Zheng tells PYMNTS. More than boosting a season, Singles Day marked the emergence of the Chinese digital-first consumer and a sea of change in retail â the effects of which are now felt all over the world. Hereâs how Chinaâs digital commerce culture has evolved. |
| PODCAST: Integrated Payments |
| Why The 2020s Will Be The Vertical Payments Solutions Decade Vertical payment solutions are nothing new, but bringing payments in-house is gaining traction among merchants and marketplaces. Bob Butler, president of Payrix, tells Karen Webster that in the decade ahead, real-time payments will be on demand, and high-level fraud fighting and security offerings will be table stakes. Here’s what’s coming for vertical payments and why. |
| | Disbursements Tracker™ | | An Automated, AI Fix For Law Firmsâ Paper Check Rut Plaintiffs can sometimes wait years for legal settlements to be decided, and then even longer for the paper check to arrive in the mail. Thatâs despite the availability and security offered by digital disbursements tools. In the latest Disbursements Tracker, PYMNTS spoke with Joshua Browder, founder and CEO of mobile settlement app DoNotPay, on law firms' affinity for legacy methods and what it will take for the legal world to embrace digital disbursements. |
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