| Compliance, Cash And Cannabis' Complicated California Future
January 1, 2018 marked the day that California could find itself fighting even more fog. That is the day that the sale of recreational cannabis was legalized, kickstarting an industry in that state that experts predict will top $5B this year. Mikel Alvarez, Director of Retail Operations for the largest publicly traded cannabis company in the US, gave PYMNTS a snapshot of what the unfolding industry will look like in 2018 â and beyond. Read More... |
| Getting Credit Unions Ready for the Voice-Activated Future
Consumers may have been in love with voice-activated tech, but credit unions have been a bit more reluctant to return that affection. PSCUâs VP of Digital Solutions and Innovation Priya Dozie says that has to change â which is why PSCU will be one of the competitors in this yearâs PYMNTS Voice Challenge With Amazon Alexa. There are still big questions, especially about authentication, to be answered, Dozier says â but the time to get on board is now as it becomes increasingly clear voice is the next big digital frontier for credit unions to tackle.
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| Trulioo GM On Where KYC Falls Short
Due diligence must always get its due when it comes to commerce, wherever it may be. But sometimes there are gaps in the process despite the best efforts of compliance officers, which provide openings for the bad guys. Trulioo general manger Zac Cohen tells PYMNTS that technology (and Big Data, naturally) can help businesses know their customers â which is good â but also know their customers' customers â even better. That, Cohen says, is the only way to know with certainty whoâs on the other side of a transaction. Read More... |
| | Push Payments | | Have We Reached The Push Payments Inflection Point?
Giving consumers instant access to money owed them is no longer an option â and doesnât require new payments rails to make it happen today, says Ingo Money CEO, Drew Edwards. Edwards tells Karen Webster that push payments have reached an inflection point â and have become much more significant strategically than bowing to consumer demands to be paid faster. Businesses on the wrong side of the inflection point, Edwards said, risk losing ground, possibly forever to those who have made it a part of how they do business. Here are his seven reasons why. Read More... |
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