Stripe valuation slashed, FinTechs slammed by debit card fraud, Bank customers like crypto rewards

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

August 23, 2022

Real Estate

Co-Ownership Platform Opens Doors to Luxe Second-Home Market

In a super-tight housing market, property broker Pacaso is selling shares in second homes that sit empty most of the time, giving access to ownership to many who otherwise wouldn’t have it, as Co-Founder and CEO Austin Allison tells PYMNTS’ Karen Webster.

 

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PYMNTS TV: Identity Verification

Open Finance’s Future Starts With Consumer Consent

Patrick Nealon, V.P. of strategy at Fidel API, told PYMNTS that APIs and better data sharing can streamline clunky payment experiences, but to get there, “open” finance needs to be rooted in informed consumer consent that strikes the right balance between security and seamless CX.

 

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Fleet Payments

FinTechs Deliver the Last Mile of Real-Time Trucker Payments

Truck drivers still get paid at a snail’s pace — and only during banking hours. AtoB CEO and Co-Founder Vignan Velivela tells Karen Webster that’s changing as FinTechs are building the last mile of fleet financial infrastructure that delivers trucker pay in real time.

 

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EU Checkout Innovation

AI Turns SCA Into Opportunity for eCommerce Checkout Improvement


As the requirements for strong customer authentication (SCA) evolve to reflect changing fraud threats and consumer expectations, developers of SCA solutions are increasingly turning to AI to create a more dynamic and resilient checkout process.

 

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Data Brief: Disputed Payments

Small and Large Merchants Alike Lose Significant Revenues to Disputed Payments


Firms with greater than $1 billion in sales lose, on average, 0.51% of their revenue to disputed transactions. Even the smallest merchants lose 0.4% of their $20 million to $100 million in sales – indicating that serious consideration of third party dispute resolution tools is in order.

 

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Voice of the CFO

Rebuilding Legacy Systems to Scale Cross-Border Payments

Mark Himelfarb, CFO of Accolite Digital, came on board nearly a year and a half ago to a company that needed to rebuild its infrastructure to facilitate global growth. He sat down with PYMNTS recently to talk about how he tackled the challenge.

 

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Delivery Aggregators

Walmart Now Growing Threat to Delivery Aggregators

With Walmart growing its white-label fulfillment offerings for retailers, the retailer is beginning to pose a real threat to leading delivery providers. Now, DoorDash’s decision to end its partnership with the superstore shows just how real that challenge is becoming.

 

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Digital-First Banking Tracker

Banks Use Bitcoin Rewards to Attract the Crypto-Curious Consumer

The future of cryptocurrency in banking may be unpredictable, but interest in bank-related offerings grows. Quontic Bank’s Aaron Wollner explains how bitcoin rewards checking has attracted crypto-curious consumers to the bank.

 

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What's Hot


Stripe Valuation Slashed 64% By T.Rowe Price


Instacart Orders, Revenues Climb as Company Prepares IPO


Debit Card Fraud Spotlights FinTech Need for New ‘Money In’ Approach


FinTech Lenders Turn to Deposits


Kasisto Secures $15.5M to Advance AI in Financial Services


Abrigo Buys Two BankLabs Solutions to Support Construction Lender


Klarna Brings BNPL to StyleSeat for Flexible Beauty Care


Zoom’s Caution Points to Work-From-Home Headwinds


Signify Health Bidders Offer Competing Visions of Healthcare’s Future


Today in Crypto: DTCC Debuts Private Blockchain for Settlements; CryptoPunks NFT Floor Price Overtakes Bored Apes


Best Of Yesterday 


Merchants’ Digital Shopping Features Losing Fight Against Friction In Mexico


Lease End CEO Says End of Auto Lease Doesn’t Mean End of Road for Drivers


BNPL’s Newest Trick: Cutting Out the Retail ‘Middleman’


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