| Global regulators prep crypto framework, Klarna eyes payments card, How uncertainty kills commerce. | | | The 83-Year-Old Startup Quietly Powering Travel Payments While most people have never heard of UATPâs card network or had a UATP card in their wallet, odds are high that theyâve used them. Especially, UATP CEO Ralph Kaiser told Karen Webster, if their air travel was booked through a corporate travel department or if theyâve bought an airline ticket with PayPal. UATP may not be the best-known name in air travel, but at the young age of 83, it controls 15 percent of the worldâs air travel payments market, while challenging others with the pace of its innovation. |
| The Connected Car: An Extension Of The Consumerâs Home The reality of the connected car â and commerce â is closer than ever. As in this week, when commerce done by the dashboardâs light will be launched, courtesy of P97âs partnership with a major fuel retailer. The concept, CEO Donald Frieden told PYMNTS, is firing on all cylinders because it makes the car an easy extension of the consumerâs home. |
| How To Join The Payables To Payment Revolution One of the biggest challenges to accounts payable's digital transformation is doubt: Executives struggle to accept that a dramatic transformation is possible, said Dan Andrew, SVP at Corcentric. Ahead of Wednesdayâs digital discussion, Andrew tells PYMNTS why AP execs must keep an open mind in order to transform payables from a cost center into a profit center. |
| | Commerce Innovation | | How Uncertainty Kills Commerce Mice and humans have a lot in common, new research finds. Both fall victim to the sunk cost fallacy that has them hanging on way too long to get the reward they were promised. Karen Webster says that in an on-demand world, waiting for anything, especially payment, is a big no-no â and speed is all that matters. Or is it? In an age of fast, convenient and no-wait-never-ever, she says certainty is what matters most of all. Just ask the mice and wo/men. |
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