Even the most honest customers can look risky if they frequently travel. Their movements can throw off traditional vetting techniques that authenticate transactions by looking at location as a risk factor.
China’s fastest-growing online industry segment in the first half was food delivery, as startups backed by Tencent Holdings Ltd. and Alibaba Group Holding Ltd. touted discounts and marshaled armies of people to get restaurant meals to the homes of almost 300 million.
This report covers future uncertainties for consumers, what this means for banks, and explores specific opportunities to prepare for and shape the future. Read this report today to gain insights into tomorrow’s consumers.
APIs allow businesses in every market to make payments online, quickly extend their own payment functionality and roll out new features with minimal effort, writes David Yohe, vice president of marketing at BillingTree.
Snapdeal’s co-founders are resisting the latest acquisition bid from rival Flipkart Online Services Pvt. and the company’s board plans to let all shareholders vote on the offer to reach a final resolution, according to people familiar with the matter.
Visiting Research FellowChristensen Institute from Tata Consultancy Services
The incumbents, such as Visa, Mastercard and First Data, are prepared to compete in all segments of the market, writes Subhajit Das, a visiting research fellow at the Christensen Institute from Tata Consultancy Services.
Chinese e-commerce giant Alibaba Group Holding Ltd. and its Indian associate Paytm E-commerce Pvt are in talks to invest about $200 million for a stake of roughly 20 percent in India’s leading online grocer, Bigbasket, according to a person with direct knowledge of the negotiations.