Fed bets big that consumer spending will return, Why SMBs haven’t seen PPP funds, AI helps fight healthcare payments fraud

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April 10, 2020

Virtual Panel: PPP Program

The Two Things Keeping PPP Funds From Flowing Into SMB Bank Accounts

The PPP program to inject desperately needed relief funds into SMBs’ hands is live, but not really up and running. Ingo CEO Drew Edwards and Planters First Bancorp CEO Dan Speight tell Karen Webster that the program is awesome and generally well-designed, but almost no SMB has actually gotten any money yet. Here are the two things they say need to happen before the money starts flowing to these cash-strapped SMBs.

 

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Video: Healthcare Payments

Keeping Hospital Billing Systems Healthy In A Pandemic

Healthcare providers have a difficult job even on good days, and the coronavirus pandemic has shown their work to be heroic. But John Talaga, Flywire’s executive vice president and general manager of healthcare, tells Karen Webster that CFOs who manage the payments flows for hospitals are doing a herculean task, too. Here are the new billing and payments challenges they now find themselves managing.

 

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Networking Platforms

LinkedIn On Building The New Digital Corporate Commons

The world of work has change a lot over the last three weeks, which means LinkedIn — the social media platform for workers — has had a lot of shifts of its own to make. Head of Consumer Products Kiran Prasad tells Karen Webster that the last few weeks have been about recreating the platform as a new kind of digital interaction hub for workers looking to reskill, connect or just keep some of that old water cooler feeling alive.

 

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PYMNTS Masterclass

Banks, Omnichannel And The New Commerce 'Nirvana'

Banks need to move beyond the transaction and focus on consumer interactions as they recast their digital road maps. In a new Masterclass session, Sherif Samy, senior vice president for North America at Entersekt, explains that a seamless omnichannel experience — is commerce ‘nirvana.’ And he lays out the road map for the role that banks play in helping their customers – and the businesses with which they interact – get there.

 

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Digital Transformation

Emirates: Reimagining The Bank As A Tech Company

Digital transformation (DX) can be an intimidating thought for large multinational banks, but that doesn’t mean financial institutions should think small when modernizing. Emirates NBD CIO Miguel Rio Tinto tells PYMNTS how reimagining the bank as a technology company was key to overhauling its enterprise payments strategy and establishing its broader digital transformation road map.

 

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Unlocking AI Playbook: Healthcare Edition™

Bringing AI To The Fight Against Healthcare Payments Fraud

Fraud, waste and abuse costs the U.S. healthcare sector an estimated $240 billion a year, but just 4.3 percent of healthcare organizations are using artificial intelligence (AI) to combat this vexing problem. In our Unlocking AI Playbook: Healthcare Edition, PYMNTS surveyed nearly 50 healthcare administrators to reveal how AI is uniquely suited to target fraud — and why a growing number of organizations are coming to recognize its potential.

 

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What's Hot


Too Little Too Late As 17M Lose Jobs And Relief Efforts Bottlenecked


Mnuchin Predicts US Could Re-Open In May


Fed Bets Trillions That Consumer Spending Will Return


Fed Eyes Opening SBA Loans To FinTechs


Restaurants Turn To Grocery, Meal Kits To Survive


COVID-19 Likely To Raze Online Home Sales (and Agents’ Jobs)


Chime Gives $200 Advances On Stimulus Checks


PayPal CEO To Investors: Let's Celebrate 2019


Japan's Paidy Closes Additional Series C For $281M Total Raised


Bitcoin Daily: Canaan Reports $148.6M In Losses For 2019; Shopping App Fold Signs On To Visa Fast Track Program


Best Of Yesterday 


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