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Contactless Payments

Visa, Chase Team To Launch Contactless At NYC Mass Transit

A new pilot in New York City, launching next week, will enable subway and bus riders to use their Chase/Visa-branded contactless payment cards for fares, as well as rush-hour staples like coffee and snacks. Visa’s Global Head of Contactless Payments Dan Sanford tells Karen Webster that this new contactless effort could fuel similar payment programs elsewhere — and why it will change New Yorkers’ lives.

PODCAST: Accounts Payable

Bank/FinTech Harmony Sets Stage For AP Automation

The B2B space needs to transform from paper based to automated processes — and nowhere is this more apparent than with accounts payable. And as Jessica Moran, general manager of Paymode-X Business Solutions at Bottomline, tells Karen Webster in a new podcast, collaborations between banks and FinTech firms can smooth the digital transition for corporate clients. Here’s the kumbaya breakdown.

PODCAST: Credit Unions

Credit Unions’ Digital Future: More Like YouTube, Less Like Online Banking

Digital bells and whistles may not be what brings customers to credit unions (CUs) but that doesn't mean CUs can afford to stop pushing their omnichannel experiences. Lumin Digital President Jeff Chambers tells Karen Webster that the future of trust and offering consumers the innovations they want are entirely connected to each other. In addition, he says, it’s all tied to a YouTube consumer litmus test.

Why AI Could Be Fashion Rental Platforms’ Next Big Thing

When it comes to the fashion rental market (projected to hit $4.4 billion by 2023) tech like AI isn’t evolving quickly enough to meet ever-changing consumer preferences. That’s FashionPass CEO Brittany Johnson’s take — AI has potential, but is not mature enough to keep customers satisfied. In the latest Payments And The Platform Economy Playbook, she explains why the online subscription clothing service is sticking with humans — for now.

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