Visa incents UK retailers to push cashback, LendingClub applications surge while earnings miss, and Cannabis faces payments hurdles in Canada

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

February 20, 2019

Fraud Prevention

Still Have Too Many Silos? Digital Criminals Say 'Thank You'

Fraud prevention and security these days require holistic approaches that address customer relationships and lifecycles. One challenge? Organizational silos. GIACT’s EVP of Product David Barnhardt talks with PYMNTS about taking ID monitoring to a new level — and doing so in a manner that does not work against the ideal of seamless payments, authentication and transactions.

 

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LendingClub Earnings

LendingClub Loan Applications Surge 18 Pct Despite Earnings Miss

LendingClub shares sink on guidance that misses the Street, but management says that Q4 2018 lending activity was strong across personal and auto loans — even as the macro environment moving forward is uncertain. Here’s our drill-down.

 

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Walmart Earnings

Walmart Grows eCommerce By 43 Pct In Q4

Fears over holiday spending, the U.S. consumer and an online turf war with Amazon prove overblown as Walmart posts Q4 results that top expectations — and eCommerce sales grow 43 percent. Adding to its earnings cheer, the retail giant bucks the mixed trends seen across the U.S. retail sector, and delivers its best holiday quarter in several years. We break it down.

 

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Digital Banking Tracker™

Digital Challengers Are Closing Argentina’s Banking Gap

In Latin America, where roughly 70 percent of the population is unbanked due to traditional banks’ stringent KYC requirements, digital-only challenger banks see an opportunity to increase financial access. In the latest Digital Banking Tracker, Wilobank President Guillermo Francos and Director Mariano Durán discuss the Argentinian bank's smartphone-centric approach for expediting onboarding and promoting financial inclusion.

 

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What's Hot


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Canada Cannabis Payments Face Their Own Hurdles


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Mexico Sets Its Sights On FinTech Firms To End Poverty


Amazon Private-Label Partnerships Top Private-Label Brands


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ACH Network Adds More Than 1B New Payments In 2018


Bitcoin Daily: Bitcoin Price Passes $4K Post-JPM Coin; Bitmain Loses $500M In Q3 2018


Best Of Yesterday 


Fraud’s New Paradigm: Let Fraudsters In, But Never Let Them Leave


The State Of FI Innovation: Moving In Reverse


 

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