Facebook opens Facebook Shops, PayPal launches QR codes for SMB contactless, Amazon Pay’s Gauthier On Retail’s future

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

May 20, 2020

Credit Union Innovation Playbook™

NEW DATA: How Credit Unions Fare Against Challenger Banks

Compelling in-person banking experiences have long helped credit unions compete, but the pandemic is limiting brick-and-mortar operations and potentially putting CUs at a disadvantage. In The Credit Union Innovation Playbook: Challenger Banks Edition, PYMNTS surveyed 4,000-plus U.S. consumers, CU leaders and FinTech executives to learn the three ways CUs can differentiate their offerings from those of up-and-coming challengers.

 

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Cyberfraud

How 'Adaptive' Decisioning Helps Issuers Stop Treating 'Good' Customers Like Fraudsters

Fraudsters are stealing account details, creating synthetic IDs and draining accounts. But Rahul Pangam, vice president of risk strategy at PayPal’s fraud-prevention company Simility tells Karen Webster that the old rules-based systems don’t work in warding off the bad guys any more. It’s time to use ‘adaptive decisioning’ instead.

 

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Blockchain

Why Hyperledger Says It's Prime Time For Blockchain

The post-pandemic world will be a great moment for blockchain as firms re-examine their supply chains and look for more transparency. Brian Behlendorf, executive director of Hyperledger, tells PYMNTS that the pandemic has spurred a shift in thinking about new use cases for permissioned blockchains, from digital IDs to financial services.

 

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Earnings

What Walmart’s Earnings Is Teaching The World About The New American Consumer

Walmart's blockbuster first-quarter earnings can tell us about more than just Walmart. They also offer a snapshot of what U.S. consumers’ evolving preferences are, from digital channels and safe, clean retail locations. We break it down.

 

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IPO

Is Peet’s IPO Poised To Percolate?

Coffee company JDE Peet’s is reportedly aiming for an initial public offering (IPO), and despite the pandemic, there’s evidence that some tailwinds exist for the company. Yes, JDE Peet’s brick-and-mortar coffee shops are shuttered, but the company actually gets 80 percent of its business selling pods and the like for home consumption. Is that enough to make the stock perk up?

 

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Live Roundtable

Amazon Pay’s Patrick Gauthier On How Retail Will Reinvent Itself And Recover

While much about the retail world will change over the next 18 months, building trusted relationships with consumers as they shift more to digital will be Job 1 for merchants. That’s one of the things that came out of a wide-ranging conversation between Amazon Pay Vice President Patrick Gauthier and Karen Webster about what retail's recovery will look like, the role of physical stores in the future and why commerce is really just a conversation.

 

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What's Hot


Facebook Opens Facebook Shops To Let SMBs Sell To Facebook, Instagram Users


Pelosi, House Looks To Overhaul SMB PPP Relief Loans


PayPal Debuts QR Codes To Help SMBs Go Contactless


Plaid API Platform Gives Banks Access To Data Tools, 2,600 Apps


Pandemic Gives A Lift To Voice Assistant Technologies


Brex Notches $150M To Advance Expense Management Tools


First Data And Exec To Pay $40M To Settle FTC Fraud Case


Jamie Dimon: Pandemic Is 'Wake-Up Call' For Inclusive Recovery


US Airlines Say Bookings Are Slightly Up, Cancellations Subsiding


Bitcoin Daily: Ukraine Arrests Hacker In Country's Largest Theft of Crypto Wallets, Info; Iran Requires Crypto Exchanges To Be Licensed


Best Of Yesterday 


Igloo On Payments As A Strategy, Not Just A Way To Pay


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ECB: Setting The Stage For Pan-European Real Time Cross-Border Payments


 

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