Affirm files for IPO, Central Banks frame digital currency criteria, P2P gets boost from touchless and caring economies

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October 9, 2020

Digital Payments

Mastercard: The Touchless And Caring Economies Are Boosting P2P Adoption

The pandemic has been a boon for peer-to-peer (P2P) platforms that help consumers avoid handling cash, tip retail and restaurant workers and make charitable donations, according to Silvana Hernandez, senior vice president of digital payments at Mastercard. She tells PYMNTS that other use cases will likely emerge because P2P is all about three things locked-down that consumers value right now — helping other people, staying connected and interacting meaningfully.

 

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PYMNTS TV: B2B Payments 2021

Dwolla CEO: The Paper Check-less Business Payments Sea Change

Businesses have talked for years about pushing paper out of business payments, but Dwolla CEO Brady Harris says COVID-19 has finally forced that to become reality. Harris tells Karen Webster that the shift isn’t a flash in the pan, but a permanent change. Here’s why.

 

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Digital Shift

How SMBs Could Edge Out eCommerce Giants This Holiday Season

Many small merchants new to digital sales might feel outgunned by the likes of Amazon, but Kenny Tsang, managing director at cross-border payments service provider PingPong Payments, tells Karen Webster more agile players can quickly pivot to selling products that are suddenly hot with consumers.

 

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Credit Data   

Fixing A Credit-Data Dearth That’s Hurting Lending More Than COVID-19 

Being a good lender means having a great risk model and relevant and reliable credit data to feed it. It’s a problem that Matt Harris, co-founder and CEO of Bloom Credit, tells PYMNTS has been made worse by COVID-19 because of issues like banks reporting borrowers in forbearance as paying on time. He says Credit-Data-as-a-Service (CDaaS) is one part of the solution.

 

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Retail Reinvention

ShoppingGives: When Philantrophy Makes Good Business For Retailers

Social impact commerce platform ShoppingGives connects retailers, consumers and nonprofits at a critical time. CEO Ronny Sage tells PYMNTS he has been able to apply technology and a keen awareness of the business side of philanthropy to build a unique marketplace with retailers winning valuable side benefits in the process.

 

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Next Gen Debit Tracker

Report: How Furniture Retailers Use Automation To Take Fraud Off The Table

Consumers are using debit cards to buy big-ticket furniture pieces online and transform their homes into home offices. In the Next-Gen Debit Tracker, Ben Groom, global chief digital officer for furniture retailer Herman Miller, explains how new fraud tech will let consumers pay using funds on hand in their bank accounts without the fear of fraud.

 

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What's Hot


Fed, Central Banks Frame Criteria For Digital Currency


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Best Of Yesterday 


Amazon Halo’s Effect On Healthcare Payments


SMBs Refocus On The ‘Four Ps’ — Especially Payments


Clearing Up Instant Payments No ‘Stop Payment’ Confusion


 

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