JPMorgan Chase has made several investments in financial technology startups, but its plan to buy WePay will give its 4 million small-business clients a much more direct way to adopt digital payments.
You can’t just turn the computers off and shut your door, nor can you rely on outdated, traditional training methods to prepare your team for a landscape of threats and continuously evolve, writes Laura Lee, executive vice president of cyber training and assessments at the Circadence Corporation.
The ROI with the incremental costs and considerations will determine whether to proceed or not whether it is cashless, cash, or other alternative payment methods, writes Laura Townsend, senior vice president of the Merchant Advisory Group.
The bank that can effectively enable a corporate customer to manage its working capital and order-to-pay cycle, pay its employees, and provide analytics and insights to forecast cash flow will win the lion’s share of profits, writes Jessica Cheney, vice president of strategic solutions for Bottomline Technologies.
Bank of America Merrill Lynch has injected artificial intelligence and predictive analytic capabilities into its core CashPro tool for corporate users, using a set of application programming interfaces (APIs) to produce CashPro Assistant.
UL Transaction Security has teamed up with Zurich-based payment software engineering firm Abrantix to create a robot to automate the typically tedious, manual process of payment terminal testing.
The Society for Worldwide Interbank Financial Telecommunication says its Global Payments Innovation service surpassed two million cross-border payments during September.
The information you need to start your day, from PaymentsSource and around the Web. Today: Swift CEO slams bitcoin; A big vulnerability for WiFi; New Russian cryptocurrency; Softbank's close to a big investment in Uber.
Cash is resilient, especially during times of crisis or uncertainty. But there are significant efforts to make cash less relevant in areas where it has typically been a mainstay.
It has now been two years since the EMV fraud liability shift took effect in the U.S. for most companies. This is enough time to evaluate the EMV migration's effect on fraud, and whether it can be blamed for anything happening in digital channels.
The digital era is changing a lot of habits, including dining. Mobile devices and other technologies now play a vital role in bringing patrons into coffee shops, fast food restaurants and sit-down establishments.
Emerging channels and payment types have created a new ecosystem of risk, and legacy systems cannot keep up. By now it’s clear that machine learning is the answer for fighting fraud at scale. While organizations are excited about the enormous potential of machine learning in the fight against fraud, they also have questions about where they should begin, and what they should look for. Read this free 11-page report and get actionable insights to help you create a strategy for taking charge of the AI disruption that’s well underway.
