Visa launches Visa Partner, Amazon launches virtual health clinic, Vaping puts digital age verification in spotlight

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September 24, 2019

Visa Breaking News

Visa Partner Launch Eyes $17T Digital Payments Opportunity For FinTechs

While there’s a perception that the globally payments digitization push is an every firm-for-itself race — the reality, Visa's Head of Strategic Partnerships and Ventures Matt Dill tells Karen Webster, is that getting payments fully digitized is going to be more collaborative than competitive. It’s why the company is launching its new Visa Partner portal today, he says — so other firms can build new innovations atop the fully scaled and secure global payment network. Here’s the $17 trillion opportunity.

 

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Age Verification

Vape Illnesses Puts Digital Age Verification In The Spotlight

Age-restricted retail is fast becoming a bigger part of payments and commerce, especially via digital and mobile channels. But some players are laggards in age verification, even as controversy reigns in some quarters. Scott Hardy, vice president of BankCard USA — which runs AgeChecker.net — takes PYMNTS on a tour through the vaping and CBD landscape and talks about how to keep ahead of the coming regulatory clampdown.

 

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Digital Identification

How To Trust And Verify In The Platform Economy Age

Not all friction is bad when it comes to payments, as Mitek Chief Technology Officer Stephen Ritter tells Karen Webster. The sharing economy presents easy and lucrative targets for criminals — so a bit of caution when it comes to verifying IDs is warranted and may even be welcome. Here’s why raising the bar higher for fraudsters can be an effective line of defense.

 

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Credit History 

Can Academic Data Ace The Credit History Conundrum?

It's not easy for millennials and zoomers to secure their first access to credit — nobody will give them a card without history, and they can't build a history without a card. MeasureOne thinks it can offer underwriters and young consumers a way out, its CEO Elan Amir tells PYMNTS — by leveraging academic performance data to determine how big a credit risk a first time borrower actually is. Take notes.

 

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IoT Tracker™

Dr. Alexa? How Voice Assistants Can Cure Patient Billing’s Ills

Handling patient billing and other paperwork can keep doctors from focusing on patients and drag down optimal care. But, using smart voice assistants in exam rooms to take over bill-related record keeping can allow doctors to focus more on patient care, says Robin Healthcare Co-Founder and CEO Noah Auerhahn. In the latest IoT Tracker, he explains how IoT-enabled video- and audio-recording devices can cure billing woes, while ensuring patient privacy and safe handling of sensitive medical data.

 

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