| Amazon Cash comes to 7-Eleven, China forces local partners on card brands, OnDeck posts surprise earnings miss. | | | Instant Payments Are Killing The Check (Not So Softly)
While banks offer a service they call "check cashing" â it's not really check cashing in the true sense, Ingo Money CEO Drew Edwards tells Karen Webster. It's not instant â and the customer who cashed it is still on the hook if the check happens to rubberize. Edwards offers some suggestions for how banks can do better by their customers â and even open up a new revenue line â by helping customers turn those checks into cash instantly. Read More... |
| Mouth, Meet Money In FI Payments Innovation
Financial institutions know they have to innovate against a hypercompetitive and changing landscape. Firms large and small are eyeing opportunities to keep customers happy and loyal â and are spending both time and money, as our Data Drivers with Marc Winitz, CMO of i2c, shows.
Read More... |
| Taking A Credit-First Approach To Alt Lending
Stating the obvious, you say? Not if loans are originated and sold to a third party who then bears the risk. That misalignment of incentives, LendingPoint CEO Tom Burnside and CSO Juan Tavares tell Karen Webster, is why alt finance has gotten a bad rap â and has delivered even worse performance. Burnside and Tavares explain why alt financing needs to get back to the basics by taking a credit- and customer-centric approach to lending money to consumers at their point of need. Read More... |
| | PYMNTS B2B API Tracker™ | | TRENDING: Moving Into The API Fast Lane, Riding Atop The Blockchain
It seems time to bring B2B collaboration into the fast lane, with help from the blockchain, says Hyperledgerâs executive director Brian Behlendorf. In the latest PYMNTS.com B2B API Trackerâ¢, a FI.SPAN collaboration, Behlendorf explains how and why companies from car dealers to financial institutions use distributed ledger technologies to make B2B operations faster and more efficient. Plus, find the latest headlines and profiles of 41 players in the space, inside the latest Tracker. Read More... |
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