Paysafe to IPO via SPAC, OCC says crypto regs coming, Bank M&A deals to follow sector disruption

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December 7, 2020

Digital-First Banking

NCR: Bank Disruption On The Horizon; Banking M&A Deals To Follow

The art of the deal is not dead in the banking business. Doug Brown, NCR s digital banking senior vice president and general manager, tells Karen Webster that firms with strong balance sheets will capitalize on select opportunities and smaller firms can (and will) pick up key assets to strengthen their own balance sheets and service offerings.

 

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B2B Payments For The Virtual Workforce Playbook

Virtual Cards Help Companies Manage Spend In Real Time

Old-school ways of handling business expenses are falling by the wayside as employees continue to work remotely. In the B2B Payments For The Virtual Workforce Playbook, Caleb Jenkins of accounting firm RLJ Financial discusses the role of virtual cards in helping firms budget in real time.

 

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How We Will Pay: The Connected Commuter

In-Car Commerce: What Seven In 10 Commuters Now Say They Want

Seventy percent of Americans who still commute to the office have a strong appetite for engaging in connected-commerce experiences ranging from ordering food on the go to paying bills via virtual assistants. In the How We Will Pay: Connected Commuters research brief, PYMNTS details how mobility is driving demand for connected-commerce experiences.

 

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Payments Platform

Amex: On-Demand Working Capital Solutions Let Buyers, Suppliers Pick Their Payments Day

What happens when large enterprises are able to combine traditional supply-chain finance with making business payments? Buyers and suppliers become aligned on when payments are made, Dan Brachfeld, Amex’s general manager of supply-chain solutions, tells Karen Webster. It’s also what’s at the core of Amex’s Early Pay revamp.

 

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Geodata and Fraud

Banking Apps Shun Geolocation Data; Why Fraud Risks Could Follow

The banking industry’s explanations for not using geolocation don’t cut it, GeoGuard CEO David Briggs tells PYMNTS, especially given the growing prevalence of online banking and the inherent confidentiality of banking-related personal data. Here’s where he says there is a big disconnect.

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Global Digital Shopping Index: Australia Report

New Data: Tracking The Consumer, Merchant Digital Shift Down Under

Different digital shopping strokes for different shopping folks. Australian consumers like going to the store more than consumers in other countries, even though they find it not as satisfying as shopping online. In the Global Digital Shopping Index: Australia Report, PYMNTS surveyed nearly 2,000 consumers and 600 merchants to understand how the pandemic has changed consumer shopping behaviors – and where merchants are investing to respond.

 

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