FIS, PayPal team on points redemption, SMBs push for rapid settlement, China’s central bank patents show digital money push

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February 13, 2020

Digital-First Banking

NCR: How Platforms Enable Banks To Be 'Digital-First' Fast

The rise of mobile banking is spurring financial institutions (FIs) to reexamine their “digital first” efforts — especially as they eye tech-nimble challengers who are out to woo their next gen customers. Doug Brown, senior vice president and general manager at NCR, tells Karen Webster how smaller FIs are using digital first, but not digital only, to bring context and personalization to consumers.

 

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Authentication

Is No-Factor Authentication Digital Security’s Future?

How’s this for a new digital identity paradigm — use fraud systems to identify good customers instead of bad actors? DataVisor’s CEO and Co-Founder Yinglian Xie tells PYMNTS that turning authentication on its head streamlines the transacting process for consumers without any net risk to security. Here’s why.

 

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AgTech

Farming’s AI, Data Driven (And Vertical) Tech Revolution

To see the road ahead for agriculture — look up? Vertical farming is taking root in the U.S. and abroad, with (positive) implications for safety, growing crops more efficiently and tackling climate change. Sonia Lo, CEO of Crop One Holdings, tells PYMNTS how artificial intelligence (AI), data and machine learning (ML) are taking farming into a future underpinned by smart tech.

 

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Visa Investor Day

Visa On Tap To Pay, Cash Displacement And B2B Payments

Visa’s Investor Day shone a spotlight on the company’s roadmap to broaden reach and scope — especially digitally — as a "network of networks."  Of particular note: The drive to displace cash and checks in the U.S. and in emerging markets, and to embrace $185 trillion in new payment flows — including $120 trillion in B2B payments alone.

 

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The Small Business Guide To Rapid Settlement Playbook™

New Report: One Day Too Long: Why Small Businesses Want Rapid Settlement

Online commerce has opened vast opportunities for small businesses to find new customers, but digital payments can put the pinch on accessing those sales. In fact, a new report finds that nearly 50 percent of online-oriented firms say they are negatively impacted when access to those funds goes beyond a day. In the latest edition of The Small Business Guide To Rapid Settlement Playbook series, PYMNTS reveals who’s most at risk and what many are doing to address these cash flow challenges.

 

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