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Exclusive: Venmo User Data

EXCLUSIVE: Who Is Generation Venmo – And How Can Retailers Reach Them?

Who is Generation Venmo? A study of 2,000 Venmo users offers an exclusive look at – and what retailers need to know about — the 65+ million active users who have downloaded the Venmo app and use it to send money to friends, split the check, tip their favorite hairdresser and pay for stuff they buy online. Hint: They're a generation hard-wired for digital-first experiences.

Next-Gen Debit Tracker

Radius Bank: Virtual Debit, Mobile Tools Help Banks Fight Debit Fraud

Consumers are increasingly turning to debit to manage their spend and fraudsters are wise to the move. In the latest Next-Gen Debit Tracker, Chris Tremont, executive vice president of virtual banking at Radius Bank, discusses how issuing virtual debit cards and using mobile-enabled tools like spending limits and fraud alerts, can help financial institutions (FIs) fight beat back debit fraud.

D2C

Helping Brands: D2C Brands Tap New Business Models To Shorten 'Time To Commerce'

The digital shift has expanded access to new markets for brands and added new problems as well. Olivier Schott, co-founder of Scalefast, told PYMNTS that many firms pivoting to eCommerce channels may not have the resources on hand to meet those challenges, which include cross-border and tax issues.

Healthcare AI

Diagnosis AI: Data-Centric Approach Creates the ‘Internet of Healthcare’

AI-centric platform Olive claims it is building the first healthcare “AI workforce” that automates workflows and streamlines manual tasks through its artificial intelligence (AI)-underpinned software as a service. Chief Medical Officer Dr. YiDing Yu told PYMNTS her company isn’t an expert in treating patients, and health systems shouldn't need to be experts in AI.

B2B Payments

Virtualized B2B Payments: Poised To Kill The Paper Check — And The Plastic Card

The pandemic may be the final nail in the coffin of paper check B2B payments — and the plastic commercial card too. Darren Blair, head of B2B Payments at Conferma Pay, said virtual payments can alleviate pain points for buyers and suppliers, streamlining transactions and back-office workflows.

Location Detection: Building The Bank Business Case For Better Geolocation Data

The 1990s' gold standard of location detection is no match for sophisticated fraudsters who today use IP address spoofing tools to hide where they really are. In the latest PYMNTSTV episode, GeoGuard CEO David Briggs and People’s United Bank Vice President of Financial Crimes and Fraud Intelligence Karen Boyer build the business case for why financial institutions (FIs) must now use geodata and geodata analytics in the fight against fraud and financial crime. And why if they don’t, their customers might switch to a bank that does.

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