UK regulators look to expand open banking beyond banks, AI helps Priceline ground fraudsters, PayPal talks Citi Enterprise payments deal

CONNECT WITH US

TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

December 18, 2019

Digital Fraud Tracker™

How AI Helps Priceline Ground Fraudsters, Lets Customers Take Off

The $755 billion online travel industry is a honeypot for fraudsters looking to use stolen payment credentials to purchase vacation packages and resell them for profit. But combating fraud often comes at a cost, as onerous security protocols may alienate legitimate customers. In this month’s Digital Fraud Tracker, Eric Lorenz, Priceline’s vice president of finance operations tells PYMNTS how the online travel agency leverages artificial intelligence (AI) to identify risky transactions without exasperating legitimate customers.

 

READ NOW

Mobile Wallets

PayPal: Taking On Corporates’ B2C Payment Pain Points With Digital Wallets

From gig worker payouts to insurance claims and rebates, the demand for B2C payments is on the rise. However, with recipients frequently across borders — and often without traditional bank accounts — the friction can be significant. PayPal Vice President and Head of Global Core Payments Jim Magats, on the heels of this week’s expanded partnership with Citi, tells Karen Webster about the opportunity for connecting corporate coffers to mobile wallets to ease B2C payments' pain.

 

READ NOW

Contextual Commerce

How Singles Day Gave Rise To China’s Digital Commerce Culture

Q4 used to be the slow season for Chinese retail — but not anymore, thanks to 11/11 — Singles Day, PingPong’s Richard Zheng tells PYMNTS. More than boosting a season, Singles Day marked the emergence of the Chinese digital-first consumer and a sea of change in retail — the effects of which are now felt all over the world. Here’s how China’s digital commerce culture has evolved.

 

READ NOW

PODCAST: Integrated Payments

Why The 2020s Will Be The Vertical Payments Solutions Decade

Vertical payment solutions are nothing new, but bringing payments in-house is gaining traction among merchants and marketplaces. Bob Butler, president of Payrix, tells Karen Webster that in the decade ahead, real-time payments will be on demand, and high-level fraud fighting and security offerings will be table stakes. Here’s what’s coming for vertical payments and why.

 

READ NOW


Disbursements Tracker™

An Automated, AI Fix For Law Firms’ Paper Check Rut

Plaintiffs can sometimes wait years for legal settlements to be decided, and then even longer for the paper check to arrive in the mail. That’s despite the availability and security offered by digital disbursements tools. In the latest Disbursements Tracker, PYMNTS spoke with Joshua Browder, founder and CEO of mobile settlement app DoNotPay, on law firms' affinity for legacy methods and what it will take for the legal world to embrace digital disbursements.

 

READ NOW

 

What's Hot


Apple Expected To See Booming Wearables Demand Through 2023


Chapter 11 Not An Option For Cash-Strapped Cannabis Companies


UK Regulator Looks To Expand Open Banking Beyond Banking


Goldman Leads $1.75B Line Of Credit For WeWork


eCommerce Puts Big Dent In FedEx’s Profit Forecasts


Millennials Make Big Push For B2B Personalization


Pillar Offers Gifting Platform For Student Loan Payments


BIS Looks For ‘Prudential’ Crypto Rules


Airbnb Competitor Domio Lands $100M; Aims To Double Market Share


Bitcoin Daily: UN Uses Blockchain To Protect Migrant Workers; Fidelity Expands Crypto Services To EU

Best Of Yesterday 


Caribou Coffee Spills The Beans On Customer Loyalty In The Mobile Age


M10 CEO: What Central Banks Want In New Global Payments Rails


The App That Makes Sharing A Meal An Immersive Travel Experience


 

Join Our Mailing List

Having trouble viewing this email? Please click here.
This email was sent to you by PYMNTS.com. To ensure delivery to your inbox,
please add ops@pymnts.com to your address book.

 

This email was sent to newsletter@newslettercollector.com by pymnts.com
 

Instant removal with unsubscribe
 

PYMNTS.com | 111 Devonshire Street | Boston, MA | 02108