Regulators open to credit scoring alternatives, CFPB proposes remittances exemption for banks, How 5G will power the industrial commerce revolution

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December 4, 2019

PODCAST: Rapid Merchant Settlement

Mastercard: Instant Deposits Close SMB Cash Flow Gap

Small business is the lifeblood of the U.S. economy, and cash flow is the lifeblood of small business. But, firms struggle when funds don’t reach their accounts quickly after a sale. Silvana Hernandez, senior vice president of digital payments and labs at Mastercard, tells Karen Webster how rapid settlement is closing the gap, letting firms deploy capital to grow.

 

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PODCAST: Merchant Services

What It Takes To ‘Own’ The Customer eCommerce Experience

Integrated payments gives merchants the chance to “stick to their knitting” without giving up payments experiences that make the consumer journey advantageous, or ownership of those consumer experiences. Bob Butler, president of Payrix, tells Karen Webster how merchants are using new tech and business models to do that.

 

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Digital Transactions

Keeping Friction-Free From Being A Fraudster’s Best Friend

Consumers love friction-free transactions — but friction-free has turned out to be a boon for fraudsters. Boku Head of Identity Stuart Neal tells PYMNTS that regulators are now pushing financial institutions (FIs) to introduce more "friendly friction" to strike a better balance. Something, he says, that can create its own set of problems.

 

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5G Innovation

How 5G Will Power The Industrial Commerce Revolution

The 5G revolution is coming and leading retailers are now planning their 5G futures. But machine-to-machine interactions will be 5G’s big potential, at least initially, with Amazon and others trying to gain an edge — powering new forms of digital commerce as part of it. Here’s our look at the latest in this so-called new commerce-enabled industrial revolution.

 

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Global Recurring Payments Tracker™

Recurring Payments' Supporting Role In Keeping Customers Loyal

Software-as-a-Service (SaaS) support platforms have more to worry about then solving customer service problems — they must manage the backlash when interrupted subscription payments shut customers out from getting the help they need. In the new Global Recurring Payments Tracker, Pablo Kenney, director of product strategy for Zendesk, explains how recurring payments keep customers from churning.

 

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What's Hot


Regulators Support Alternatives To Assess Creditworthiness


Investors Sour On Postmates, Triggering Layoffs


Google CEO Sundar Pichai Takes The Reins At Alphabet


CFPB Remittances Proposal Offers Exemptions For Banks, CUs


Shift4 Payments Registers For IPO


Rapyd Picks Up $20M; Eyes Big Acquisitions


Paytm Backs Bus Ticketing Firm Infinity


Q4 Economic Readings May Show Growth After All


Regulators Detail Banking Rules For Hemp Firms


Bitcoin Daily: WisdomTree US Money Manager Ventures Into Bitcoin Exchanges; Nordea Bank Cleared To Prohibit Employee Bitcoin Trading

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