Visa powers instant payouts to SMBs, Stripe debuts fix for SCAâs $100B problem, JPMC CFO to run consumer lending biz | | Stripe On SCAâs $100B-A-Year Problem Sept. 14th looms as a red-letter day in card-not-present (CNP) transactions, as Strong Customer Authentication (SCA) will become Europeâs law of the land. Yet, many merchants are unprepared for the change, which means outright transaction declines, and their top lines will take a hit. Stripeâs Guillaume Princen, head of continental Europe, tells Karen Webster why new technological tools are needed to ensure SCA compliance. |
PSD2 Challenges Leave Norway, Netherlands Playing Catch-Up As countries across the EU embrace PSD2, some are staying atop, while others â like Norway and the Netherlands â seem to be lagging behind. In the latest PSD2 Tracker, PYMNTS examines the compliance challenges that have left many playing catch-up, and how they are preparing for the upcoming SCA requirements. |
How Banks Are Using APIs To Unlock Omnichannel Value Getting new customers on board is often a friction-filled, bumpy ride â and an "omnichannel" experience in all the wrong ways. However, NovoPayment CEO Anabel Pérez tells PYMNTS in a recent conversation that it doesn't have to be that way, if FIs can get on board with API-enabled processes and the new value chains they unlock. |
| Breaking News | Visa, Wave Team To Bring Instant Payouts To Micropreneurs Instant payouts are, yes, a game-changer for small businesses â particularly for the micro-est of microbusinesses, where cashflow is lifeblood. Visa and Wave team to give merchants instant access to funds as soon as they make a sale. Global Head of Visa Direct Bill Sheley and Wave CFSO Les Whiting give Karen Webster the pre-announcement scoop on how the deal stands to change the payments landscape for the little guys. | | |
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