Citi launches consumer payments platform, Lyft gives drivers free bank accounts, How Lime uses payments to win the scooter race

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March 28, 2019

Digital Consumer Onboarding Tracker™

How Freelancer.com Filters Fraudsters From Freelancers

Onboarding employers and freelancers worldwide onto gig marketplaces, swiftly and safely, is complicated stuff — but platform user bases can help, Freelancer.com CEO Matt Barrie tells PYMNTS. In this month’s Digital Consumer Onboarding Tracker, Barrie explains how review systems and fraud-reporting channels help the platform verify and protect its 32 million users.

 

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B2B Funding

Using Credit To Close The SMB 'Funding Gap'

B2B-focused FinTech Fundbox and consumer financial services firm Synchrony have expanded their partnership to extend B2B credit to Synchrony’s SMB merchant base. Fundbox CBO Sebastian Rymarz tells PYMNTS how machine learning and alternative data sources can help SMBs get the credit they need to cover their “funding gap.”

 

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Digital Banking

Can AI Turn Banks Into FinTechs?

The fact that legacy banks must get on board with market innovations from their “challenger” brethren is inarguable. What’s problematic, Feedzai's CRO Jim Priestley says, is tackling those challenges while handcuffed to legacy systems that are too primitive to be up to the task. Thus, the path to innovation for traditional banking players will mean building a bridge out of its legacy-dominated past into an AI/ML-centric future.

 

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Credit Union Innovation Playbook™

Why Credit Unions Crush Loyalty

Talk about loyalty. Eighty percent of members cite “trust” as why they join and keep banking with a credit union. The new Credit Union Innovation Playbook includes 190 data points, highlighting how trust fuels CU member loyalty and how that expectation drives their innovation agenda.

 

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Best Of Yesterday 


How Lime Is Using Payments To Win The Global Scooter Race


Inside HSBC’s PSD2-Ready API Portal


 

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