Western Union debuts Money Transfer tools, US retailers take on data privacy, What pandemic buying, Black Friday have in common

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March 27, 2020

Payments Fraud

Fraud: What Pandemic Panic Buying And Black Friday Have In Common

The coronavirus pandemic has consumers doing everything online in huge volumes, from trading stocks to buying toilet paper. But David Barnhardt, chief experience officer at fraud-detection firm GIACT, tells Karen Webster that with such frenzied buying, "this is where the fraudsters hide." Here are the red flags he says every business needs to watch out for.

 

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Digital Identity

Why Digital Identity Needs A New Normal – Now

In a world that has gone dramatically digital overnight, it's become more important than ever for firms of all kinds to have digital identity on lockdown. Boku CEO Jon Prideaux tells Karen Webster that it has also created a new opportunity for Telcos to step in and play that role. Here’s the how and why.

 

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PODCAST: The Resilient SMB

How COVID-19 Has Changed The Residential Cleaning Business

The coronavirus is wreaking havoc across the economy, and consumers are pulling back on any number of goods and services thought of as luxuries or that involve strangers coming into their homes. Ron Holt, founder of house cleaning franchise Two Maids and a Mop says that COVID-19 has forced his 83 franchisees to pivot in order to close the domestic cleaning revenue gap — and in a matter of a few weeks. Here’s his story.

 

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Retail Sales

The Only Certainty Is Uncertainty As Retailers Halt Earnings Guidance

Publicly traded companies typically offer investors quarterly and annual guidance as to how they think they’ll do in the near term, giving Wall Street food for thought about earnings, valuation and which way stocks should move. But retailers have been withdrawing their guidance as COVID-19 upends the global economy, meaning the only certainty for now is: uncertainty. Here’s our drill down.

 

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Merchants Guide To Navigating Global Payment Regulations™

US Retailers Confront Data Privacy Shifts

Merchants often find themselves caught in the middle as states from New York to California pass data security laws. In our latest Merchants Guide To Navigating Global Payment Regulations, PYMNTS speaks to Nicholas Ahrens, vice president of innovation for the Retail Industry Leaders Association, on how merchants can remain compliant without sacrificing their competitive edge.

 

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