| Facebook launches Libra, Ripple drops $50M into MoneyGram, PayPal, Google say no to OCC Charter | | | Solving The $50B Elective Medical Procedure Payments Problem Last year, 50 million Americans wanted to have elective medical procedures (cosmetic surgery, eye or dental procedures), but didnât because they couldnât afford them. In the new How Consumers Pay For Elective Medical Procedures Report, PYMNTS surveys 998 American consumers to explore how payment plans could have helped them â and those providers â to unlock $50 billion in consumer spend. |
| Visa, AI And The $25B Fraudsters Never Got AIâs played a big role at Visa in keeping bad transactions from happening, and letting the good ones go through, for 26 years. Visa announced yesterday (June 17) that itâs kept $25 billion from falling into the hands of fraudsters. Itâs a good start, Visa SVP and Global Head of Credit and Data Products Melissa McSherry tells Karen Webster, but only the beginning, as Visa turns its focus to using AI to fight the more persistent plague of false declines â worth many multiples more. |
| P2P Payments Set The Stage For B2B RTP Are B2B payments ready for real-time speed? Bottomline Technologiesâ VP of Product Management and Strategic Solutions Jessica Cheney tells PYMNTS how P2P payments have set the stage for faster payments between corporates, reducing paper and manual tasks â and where its real potential lies. |
| | Payments Innovation | | What The Launch Of Facebookâs Libra Means For Payments Today (June 18), the endless speculation over Facebookâs plans to build new global payment rails and launch a global cryptocurrency comes to an end with the official launch of Libra. Or does it? Karen Webster breaks down the plan to create and ignite the âinternet of moneyâ for the billions of unbanked, and the role of its 28 Founding Members in shaping its future. Think of this piece as everything you ever wanted to know about Libra â but didnât know who to ask to get the straight scoop. And her take on it all. Dig in. |
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