Visa talks AI’s global impact, CFPB to review Fed’s overdraft rule, Facebook may face 20-year government oversight

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May 14, 2019

Artificial Intelligence

Visa Talks AI’s Global Impact

AI’s reality is far from the futuristic fantasies of, say, Minority Report. However, as Mark Jamison, Visa’s global head of innovation and design, tells Karen Webster, a number of promising use cases are blossoming across verticals and the globe. He offers a whirlwind tour of AI’s hotspots — and where the next great frontiers may lie.

 

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Biz Travel Spend Management

What’s Wrong With Business Travel Expense Management

Managing business travel expenses is backward. An employee charges expenses to a card, then management reviews the spend after it’s happened and it’s reimbursement time. The future of business travel payments, PEX CEO Toffer Grant tells PYMNTS, is making that process happen in reverse, using tech and payment tools that help manage spend. Here’s the travel payments plan.

 

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Cybersecurity

Offloading Cyber Defense Amid Tech's Great Unknowns

Cyber insurance firm Coalition just raised $40 million to boost staff, and launch a data platform that helps analyze and underwrite cyber risk. CEO Joshua Motta tells PYMNTS that insurance can help SMBs eliminate the costs of breaches — but helping clients fix vulnerabilities, while protecting them from breaches, can help shore up defenses in a world where what isn’t known can, in fact, hurt.

 

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The Trade Credit Dilemma Report™

Trade Credit’s $3.1T Squeeze On US Businesses

When it comes to paying for goods or services, businesses have a long-standing tradition of buying now and paying later. On any given day, the net amount firms owe to those businesses comes to a staggering $3.1 trillion. The Trade Credit Dilemma Report, the product of an extensive PYMNTS survey of more than 1,000 firms, reveals that trade credit is far from an innocuous tradition. In fact, it imposes a severe strain on U.S. businesses — in particular, SMBs. Here’s how.

 

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What's Hot


Walmart To Expand One-Day Delivery To More Homes


Facebook Could Face 20-Year Government Oversight As Part Of Settlement


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CFPB To Review Fed’s 2009 Overdraft Rule


P97, PayByCar Team For Mobile Pay At Pump Via E-ZPass


Amazon Offers Employees $10K To Start Delivery Businesses


Visa: 80 Of 100 US Merchants Offer Contactless Checkout


Uber Stock Ends Day Two Down 10.7 Pct At $37.10


Microsoft To Launch $100M Development Center In Africa


Bitcoin Daily: EY Reveals QuadrigaCX Owes $150M; Binance To Resume Transactions After Cyberattack


Best Of Yesterday 


Why The Loan Shark Prevention Act Will Harm Consumers


Why FIs Are Laser-Focused On Corporate Credit Innovation


 

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