Home | PaymentsSource

Merchant attrition is a big problem. Can big data help?

Using good, old-fashioned customer service and consultation to cut down on merchant attrition has been part of the acquiring playbook for years. But that playbook is long overdue for an update.

White Paper Gain superior clarity on identities and relationships linked to financial crime activities with entity analytics

Fraud, money laundering and other financial crimes are a thorn in the side of every financial institution. These activities can cut into profits, damage public trust and expose banks to massive regulatory penalties if found to be out of compliance with governmental regulations. Many organizations simply accept financial crime as an inevitable cost of doing business. But today, armed with advanced identity resolution and new kinds of analytics, financial institutions have powerful tools at their disposal to reduce fraud and money laundering.Read this white paper for a solution that offers rich analytics that help banks gain a clearer view of entities, relationships and hidden patterns as they deal with financial crimes including anti–money laundering (AML), anti-terrorist financing and various types of fraud.

Sponsor content from

Fraud detection January 24
In mobile payments, small numbers tell big stories

Looking at the rise in issuers that support mobile wallets, one might think the concept has finally gone mainstream. But the actual usage numbers remain dismal, with few indications of what — if anything — will steer the market toward mobile payments.

Mobile wallets Nick Holland 34m ago
PayThink Those who master bots will win payments' next battle

A bot-powered wave is on the way, and some firms will adapt while others will simply perish. It will be survival of the fittest, writes Beerud Sheth, founder and CEO of Gupshup.

PayThink Conference Beerud Sheth August 16
8.16.17: Your morning briefing

Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: PayPal halts payments to white supremacists; Broadway shows combat scalping; PSD2 leads to more collaboration; Digiliti's woes.

Briefing John Adams 4h ago

The Latest

'This is how money should be': Digital asset pioneer Erik Voorhees

In an in-depth Q&A, early bitcoin adopter Erik Voorhees, founder of the crypto exchange ShapeShift, discusses a new acquisition, an experimental investment product and the future of his industry.

PayThink Community banks stand to gain from blockchain — if they work together

Jalal “Jay” Shehadeh

General Counsel U.S. Century Bank

Collaboration will help make up for cost concerns from adopting the technology and ensure that the core vendors get the message of community banks’ interest.

Credit card delinquencies: A fair price for growth, or bad sign?

Balances 90 days past due are noticeably higher in 2017, new N.Y. Fed data shows. Though the trend has a lot to do with positives like economic expansion and easier access to credit, officials say it deserves careful attention.

Silicon Valley Bank, First Data seek fintech niches through their accelerator

The latest class of the Commerce.Innovated accelerator program run by Silicon Valley Bank and First Data demonstrates a focus on changing industries in addition to streamlining how people pay.

First Data, JotForm collaborate for payments via online forms

First Data Corp. and JotForm are working together on an integration enabling brick-and-mortar merchants to collect payments online more easily, along with detailed information on forms such as electronic signatures.

IPayment to launch a merchant cash advance unit

Payments processor iPayment Inc. is getting back into the merchant cash advance business.

See more of The Latest

PayThink

Community banks stand to gain from blockchain — if they work together

Jalal “Jay” Shehadeh

General Counsel
U.S. Century Bank

Collaboration will help make up for cost concerns from adopting the technology and ensure that the core vendors get the message of community banks’ interest.

Those who master bots will win payments' next battle

Beerud Sheth

Founder and CEO
Gupship

A bot-powered wave is on the way, and some firms will adapt while others will simply perish. It will be survival of the fittest, writes Beerud Sheth, founder and CEO of Gupshup.

What banks should do to overcome fintechs' head start in payments innovation

Jack Jania

Senior Vice President
Gemalto

The real lag behind fintech started when banks rested on those online and mobile banking laurels and allowed other players in the mobile space to bypass them in working toward mobile point of sale payment services, writes Jack Jania, senior vice president of strategic payment alliances at Gemalto.

See all Paythink

7 rumored iPhone 8 payments features

With this year's iPhone announcement getting closer, more rumors are spreading about how Apple plans to overhaul the way its phones handle payments. Some of these have already been confirmed by Apple; others are leaking in code the company has released.

7 ways to reinvent the plastic card

From gold plating to silicon guts, the plastic card is not what it used to be. Here are some of the most ambitious attempts to make credit and debit cards relevant in a high-tech world.

7 plans for a faster U.S. payments system

A task force convened by the Federal Reserve released its evaluations last week of 16 proposals to build a faster U.S. payment system. What follows is a brief look at some of the plans that received high marks.

Resources

Web Seminar The compliance/usability conundrum for digital onboarding and payments

Balancing the competing needs of compliance against the expectations of today’s digital native customers is no easy task.

Sponsor content from

Mobile banking
White Paper The key ingredients to a successful omni-channel banking strategy

Download this white paper to learn how to stay competitive by embracing an omni-channel banking strategy.

Sponsor content from

Online banking July 31
White Paper Encashing the data currency: Banking on analytics

Download this white paper to learn how to analytics are making retail banks more customer friendly, safe and efficient.

Sponsor content from

Online banking July 31
White Paper The FinTech revolution: Onslaught or opportunity?

Download this white paper to learn how banks are prioritizing tech considerations in the FinTech revolution.

Sponsor content from

Online banking July 31

See all Resources

See Also

Get us in your inbox

The Latest

PayThink

In Pictures

Resources

Get us in your inbox

Like what you see? Make sure you're getting it all

PaymentsSource