Visa launches Visa Next platform, JPMC expands blockchain for payments, DraftKings throws fraudsters curveballs

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April 22, 2019

Digital Consumer Onboarding Tracker™

DraftKings Throws Fraudsters Curveballs: Here’s How

The $7.2 billion fantasy sports market has fraudsters doing more than fantasizing about big payouts. Jennifer Aguiar, DraftKing’s VP of compliance and risk, says online betting platforms must keep onboarding frictionless for legit players, while making it harder for bad actors to play. In this month’s Digital Consumer Onboarding Tracker, Aguiar gives PYMNTS a sneak peek into the company’s behind-the-scenes security operation, and discusses what online betting platforms can learn from the lending sector.

 

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The Monday Conversation

Freelancer.com CEO: Platforms And The Future Of Product Development

Highly technical professionals, especially software engineers, are in short supply, but high demand — potentially delaying important projects, or preventing them from getting started. Freelancer.com and Arrow Electronics have created a marketplace where corporates with ideas can tap highly specialized talent, and manage those projects, including payments. Freelancer.com CEO Matt Barrie shares the details with Karen Webster.

 

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PODCAST: Credit Unions

How Credit Unions Face — And Embrace — Digital Disruption

Credit unions (CUs) are often slow to change — but as more consumers move to mobile banking, the pressure to innovate is increasing. Sean Rathjen, president and CEO of Consumers Credit Union of Illinois, tells PYMNTS how CUs can embrace disruption, while still retaining the trust of consumers.

 

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Breaking News

Visa Next: Visa’s Next ‘Digital First’ Act

Visa announces a new platform this morning (April 22), Visa Next, offering beta APIs to help issuers build and test new payment products, driven by consumer demand to take payments to new places and use cases — even on the fly. Sam Shrauger, SVP of digital products at Visa, takes Karen Webster inside Visa’s next move to make payments digital-first and ubiquitous always.

 

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Why Grab Built Its Ecosystem Around Drivers


 

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