CFPB sues Fifth Third over fake accounts, Payments stocks plummet, Intuit eyes more FinTech acquisitions

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March 10, 2020

Healthcare Payments

Bringing eCommerce – And The Shopping Cart Model – To Healthcare

Shop, fill shopping cart, click, pay. Works for eCommerce – but will it work for healthcare? Paul Ketchel, founder and CEO of MDSave, tells Karen Webster that allowing consumers to comparison-shop for healthcare services using transparent pricing can eliminate “mailbox anxiety” and grow providers’ bottom lines.

 

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FinTechs and Lending

Rethinking The SME Loan Underwriting Model In Southeast Asia

Many Southeast Asian banks still use traditional underwriting methods when considering loans for small- or medium-sized businesses, but Grab Financial Group believes it’s found a better way. Raghav Mathur, Grab Financial’s head of data science and analytics, says sophisticated data technologies can give FinTechs and banks a deeper and smarter look into a company’s finances.

 

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Real-Time Payments

Fiserv On Why 2020 Is ‘The Year of P2P’

Trust is the cornerstone of commerce, and getting peer-to-peer (P2P) payments ignited. Matt Wilcox, senior vice president of payments innovation at Fiserv, tells PYMNTS that as financial institutions (FIs) eye streamlined onboarding and mobile P2P offerings, they must keep their eyes on the real prize – making sure that keeping the consumer’s trust remains front and center.

 

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FinTech Business Models

Can FinTechs Get Through A Turbulent Market?

Yesterday’s markets were not for the faint of heart, and maybe even the faint of FinTechs. While opinions vary on what’s next for the markets, one nagging question remains: Can FinTechs get through a turbulent market? Since many have known nothing but 11 years of relatively smooths sailing – we may be about to find out.

 

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Digital Identity Tracker™

Biometrics: The Key To Overcoming Contactless Payment Limits?

Contactless payments improve the speed of payments but could hit a brick wall at the point of sale if transactions exceed a certain amount. In this month’s Digital Identity Tracker, PYMNTS spoke with NatWest’s David Crawford, head of effortless payments, about how the bank developed a biometric payment card to help both merchants and consumers overcome these obstacles.

 

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What's Hot


Fifth Third Bank Sued By CFPB Over Fake Accounts


Alipay Launches Strategy For Massive Digital Evolution In China


Payments Stocks Plummet While Retail Remains A Bright Spot


Fed Asks Banks To Work With Borrowers Impacted By Coronavirus


Intuit Eyes Buying Credit Sesame, NerdWallet And Finicity


Visa Teams With Nigeria’s Paga For Global FinTech


Online Firms See Silver Lining In COVID-19 Cloud


Streaming Likely To Take Center Court During March Madness


SoulCycle Challenges Peloton By Launching At Home Bike


Bitcoin Daily: US Bill Seeks To Regulate Crypto; Belarus Seeks Power To Take Crypto From Criminals


Best Of Yesterday 


How To Compete With Banks: Start With First Principles


PayPal On Bringing Data Firepower To Bust Illegal Gun Trafficking


A B2C Merchant's Guide To The B2B Ecosystem


 

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