| PayPal, Walmart partners on payments, Suppliers face $1.3T corporate debt risk, Taming the faster payments, faster fraud beast | | | PayPal, Walmart Partner On Payments PayPal customers can now load cash to their PayPal wallets to shop online, pay bills and take PayPal balances out in cash at all Walmart stores. PayPal CEO Dan Schulman and Walmartâs Daniel Eckert SVP of Walmart services and digital acceleration explain how their respective online and offline scale delivers a new range of financial service options to the underserved consumer. |
| Will Risky Supplier Financing Light The $1.3T Debt Bombâs Fuse? The devil is in the details, and in the balance sheet of firms where public company debt stands at 45 percent of GDP â and where financing supply chains with debt may soon be risky business. Jerry Flum, CEO of CreditRiskMonitor, expands on his comments made at the PYMNTS B2B Conference â telling Karen Webster how massive defaults loom and why suppliers could find themselves on the wrong end of the fuse. |
| Report: 64 Percent Of Countries Have Money Laundering Risk Beyond Danske and Deutsche, money laundering is winding its way through the global financial system. The Basel Institute of Governanceâs report on the illicit activity shows a majority of countries are at risk for money laundering and terrorist financing. We break down the findings. |
| | Security & Fraud | | Why Faster Payments Don't Have To Mean Faster Fraud While faster payments tend to draw the interest of fraudsters, it doesnât have to result in fraud. The trick, says David Barnhardt, GIACT EVP, is for FIs to think less about securing transactions one at a time, and more about managing customer lifecycles to detect anomalies before they turn into fraudulent transactions. |
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