| Square doubles down on Bitcoin, Affirm moves into vacation rentals, 2020 bank profits drop 36 percent | | | NY Fed Economists: âThis Time is Differentâ Compared To Great Recession An alien from another planet looking at GDP data for the last several decades would be hard-pressed to identify the current pandemic-fueled recession, senior New York Fed economists Andrew F. Haughwout and Donghoon Lee, told Karen Webster. Thatâs because this time is different, they say. Hereâs why. |
| B2B Companies Navigate Tricky Cross-Border Marketplaces And Payments The success of B2C marketplaces has not gone unnoticed by the B2B side of the payments ledger. As Christophe Bourbier, CEO and co-founder of eCommerce payment aggregator Limonetik, told Karen Webster in a recent conversation, B2B marketplaces see a clear path to global growth by bringing payments and other services inside of their platforms. |
| Using Security To Create A More Inclusive Payments Ecosystem Internet technology is more geared to an MIT grad than an old-school flip phone user, NuData DevOps Director Justin Fox told PYMNTS. Smart design and more intuitive security technology, he said, can help the old school user as well as the high-tech adopter. |
| Data Analytics And Insurance Now Drive Consumer Financial Wellness Conversations Financial wellness means different things to different people. Liz Sheehan, group vice president of carrier and product management at digital insurance agency Franklin Madison, told PYMNTS that advanced technologies can help financial institutions (FIs) guide their customers to the right insurance solutions at the right time, and gain some financial education in the process. |
| Alegeus Pushes The Amazon Model For Healthcare The trouble with healthcare spending is that it doesn’t look like other parts of consumers' lives. That’s why Alegeus SVP Brian Colburn told PYMNTS, that as healthcare plans become more complex, consumers crave simplicity. |
| | Digital-First Banking Tracker | | Santander Bank: Cloud ATMs Improve Access, Manage Costs Consumers' shifting cash use has banks second-guessing the effectiveness of the strategies they use to support their ATM networks. In this monthâs Digital-First Banking Tracker, PYMNTS spoke with Santander Bank's Tamara Zaichkowsky about how turning to a cloud-based ATM-as-a-Service model is helping the bank tap efficient ATM management capabilities without sacrificing its customer satisfaction standards. |
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