August 21, 2023
What Self-Service Retail Is Teaching Banks About Self-Service Banking
The retail experience underwent an irreversible transformation following the store closures and stay-at-home orders during the early months of the pandemic. The global shift to eCommerce brought with it heightened...
August 18, 2023
Putting the ‘AI’ in Retail Could Give Firms Next-Generation Wins
Perhaps no industry has been upended more by the world’s ongoing digital transformation than retail. Walmart said on a Thursday (Aug. 17) earnings call discussing its second-quarter earnings results for...
August 18, 2023
62% of FIs Grapple With a Rise in Fraudulent Transactions
As more transactions move online, banks are girding for, and doing battle against, a rising tide of fraud. As noted in the report “The State of Fraud and Financial Crime...
August 18, 2023
AI Under the Antitrust Microscope: Competition Enforcers Focusing on Generative...
By: Ann O’Brien, John Carroll, Joy Siu & Jake Walker (Sheppard Mullin) As generative AI becomes an increasingly integral part of the modern economy, antitrust and consumer protection agencies continue to raise concerns about...
August 17, 2023
Comerica Bank Launches New Business Banking Package
Comerica Bank has unveiled a new package of solutions for small business and business banking customers. This new Comerica Maximize package offers a combination of an interest-bearing checking account and cash management solutions, allowing customers...
August 17, 2023
Mastercard Teams With Riskified to Reduce eCommerce Fraud
Riskified and Mastercard have teamed to help businesses increase eCommerce revenues while reducing fraud. The partnership, announced Thursday (Aug. 17), marries insights from Mastercard’s cybersecurity products and solutions with Riskified’s transaction and identity network. In...
August 17, 2023
AP Automation and ‘Taking a Breath’ Are Key Defenses Against...
Check fraud is running rampant. In an interview with PYMNTS, Finexio Chief Commercial Officer Bill Fox and EverC Vice President Melissa Sutherland said many companies in the battle against fraudsters can benefit from a thorough examination...
August 17, 2023
JPMorgan: Embedded Payments Build New Business Models That Challenge Competitive...
In the darkest days of the pandemic, businesses scrambled to confront supply chain pressures and meet consumers on their mobile devices. The changes felt temporary because commerce would return to...
August 16, 2023
Velo Payments Buys YapStone to Form Unified Payment Management System
Velo Payments is acquiring YapStone, a leading payment processing platform in the short-term and vacation rental industry. The companies have entered into a definitive merger agreement, and the acquisition process will begin this quarter,...
