How AI can drill into data to prevent late payments

The U.K.’s late payments culture and its resulting impact on suppliers has many worrying about whether their clients are the next Carillion, a U.K. construction giant whose collapse left approximately 30,000 SMEs with millions of pounds in unpaid invoices.

Video Email credit card payments made easy

Frictionless processing of emailed virtual card payments

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Banking April 18
PayThink Cryptocurrency issuers must improve their anti-money laundering game

When regulators recognize ICOs as securities offerings, they will likely require issuers to fully comply with standard Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, increasing compliance pressure, according to Ron Teicher, CEO of EverCompliant.

Bitcoin Ron Teicher April 25
Amazon's in-car deliveries have a whiff of desperation

Amazon's increasingly weird ideas for getting products to Prime customers — grocery delivery, in-home delivery and now in-car delivery — point to an unsettling conclusion: Amazon, for all its market dominance, is pushing the limits of who it can reach with traditional package delivery.

Retailers John Adams April 24
4.25.18 Your morning briefing

The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon suffers a hack; The Fed issues new faster payments-related guidance; Paperless B2B payments advance in Indonesia; Contactless transit pay matures in London.

Briefing John Adams 4h ago

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The Latest

Wells Fargo eases expense reporting process for cardholders

Wells Fargo partner Expensify has launched an expense reporting application that will streamline the importing of credit card transaction data and provide access to a detailed history of those transactions.

Credit cards David Heun 14m ago

Credit cards David Heun 14m ago
Data: Is GDPR becoming a compliance nightmare?

Many in Europe and the U.S. view GDPR as Europe's first true data breach protection measure — in part because it requires notification of any breach within 72 hours. But they also see it as a complex and costly race to the May 25 deadline.

Compliance David Heun 1h ago

Compliance David Heun 1h ago
Article Using Interoperability to Overcome a False Sense of Complexity

Of all the many technology innovations in the last few years, the truly unparalleled innovation is interoperability. When companies with their disparate systems and platforms can communicate and share their data the multiplier effect on new technologies and benefits is tremendous.

Technology October 24, 2017

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Technology October 24, 2017
TransferWise digs deeper into the U.K. as Brexit looms

TransferWise is the first nonbank to become a member of the U.K.’s Faster Payments service (FPS), but with Brexit on the horizon, it has to make sure it is similarly invested in other markets.

Compliance Robin Arnfield April 24

Compliance Robin Arnfield April 24
Nets pilots finger vein payments in Denmark school

Consumers enrolled in Denmark’s Dankort domestic payments scheme may sign up to make payments using only their finger in a pilot that the payments firm Nets is conducting in Copenhagen.

Biometrics Kate Fitzgerald April 24

Biometrics Kate Fitzgerald April 24
PayThink Pot payment processors need more guidance from Congress

Cathy Beardsley
President and CEO Segpay

The timing is right for Congress to act sooner rather than later, defining what Is legal and establishing regulations, writes Cathy Beardsley, president and CEO of Segpay.

Payment processing April 24

Payment processing April 24

See more of The Latest

PayThink

Clock's ticking: White House should name a permanent CFPB director

Allen Denson
Partner
Hudson Cook

If President Trump doesn't name a director before the midterm elections, he could lose his best shot at reshaping the bureau long term.

Consumer banking 1h ago
Cryptocurrency issuers must improve their anti-money laundering game

Ron Teicher
CEO
EverCompliant

When regulators recognize ICOs as securities offerings, they will likely require issuers to fully comply with standard Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, increasing compliance pressure, according to Ron Teicher, CEO of EverCompliant.

Bitcoin April 25
Pot payment processors need more guidance from Congress

Cathy Beardsley
President and CEO
Segpay

The timing is right for Congress to act sooner rather than later, defining what Is legal and establishing regulations, writes Cathy Beardsley, president and CEO of Segpay.

Payment processing April 24

See all Paythink

In Pictures

Data: Is GDPR becoming a compliance nightmare?

Many in Europe and the U.S. view GDPR as Europe's first true data breach protection measure — in part because it requires notification of any breach within 72 hours. But they also see it as a complex and costly race to the May 25 deadline.

Pot and payments: Everything you need to know

As marijuana legalization spreads throughout the U.S. and the world, companies in the cannabis market must navigate a delicate tangle of new and old regulations. And many payment providers are unwilling to risk working with dispensaries, leading to some inventive workarounds.

Data: The pain points of digital bill pay

Though financial institutions with online bill payment services still command the largest share of the bill payment market, it’s a category with many friction points ripe for disruption.

Resources

Web Seminar Transparently detecting new account fraud

What happens when you need to validate a new customer without prior information or customer records?

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Payment fraud
Web Seminar The building blocks of vendor risk management

Vendors pose a startling array of risks--operational, reputational, credit, compliance, even strategic.

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Risk management
Podcast Why P2P Matters – It’s A Game Changer

Millennials are big adopters but others age groups are showing interest

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P-to-P payments November 10, 2017
Podcast The Future of Mobile Wallets

What are the opportunities for banks to compete?

Sponsor content from

Mobile wallets January 8

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