Mastercard gets nod to enter China, Uber loses bid to halt Gig worker law, and why the cyberfraud fight needs a trusted identity reset

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February 11, 2020

PYMNTS Masterclass Video

Mastercard: The Role Of ‘Instant’ In Improving Consumer Financial Health

Speed matters when delivering new financial services to millions of Americans — especially when it comes to delivering instant payouts to bank accounts and individuals who need it most. In a new Masterclass video with Karen Webster, Mastercard Executive Vice President of Digital Partnerships Sherri Hammond, and MoneyLion founder Dee Choubey share how collaborative efforts can solve real world problems, improve financial lives and foster financial inclusion.

 

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Cybersecurity

Why The Cyberfraud Fight Needs A Trusted Identity Reset

These days fraudsters are using a lot of the same tech to commit crime as the good guys are using to fight it. Does that mean that the future of cybersecurity needs a reset in the form of a trusted identity rating for every transaction? Kount's Gary Sevounts tells PYMNTS he thinks it might. Here’s why.

 

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Subscription Commerce

Hubble: Contact Lens Prescriptions Go Subscription

Too many people live their lives with uncorrected vision for the simple reason that getting glasses or contacts can be a major expenditure. That’s what inspired Jesse Horwitz to found Hubble — a monthly contact lenses DTC subscription service. What sets the offering apart, he tells PYMNTS, is its commitment is to putting the right product into customers hands, even if it has to sell competitors’ products. Here’s our look.

 

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Startup

SoftBank-Backed Brandless Goes Bust

After three-years of generating tremendous buzz for its ultra-affordable, simplified and “brandless” products — SoftBank-backed Brandless has closed its unbranded doors. The company’s official explanation is an overcrowded and competitive eCommerce market. We might beg to differ.

 

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Future Of Unattended Retail Report™

NEW DATA: Consumers Like Cashier-less Retail But Retailers Aren’t Hitting The Mark

Unattended vending machines, self-service kiosks and cashier-less stores are more ubiquitous than ever, yet 90 percent of consumers who use them can’t buy the products they want, how they want. So how can retailers close the gap? PYMNTS’ Future Of Unattended Retail Report: Vending As The New Contextual Commerce surveys 2,325 consumers to learn how enabling contextual payment options will be key in driving spend and consumer engagement in an increasingly important retail channel.

 

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Mastercard Gets Nod To Join China’s $27T Payments Market


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