Amazon faces EU antitrust charges over seller data, Delivery aggregator stocks sink, The Biden Administration’s impact on financial services

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

November 10, 2020

Cross-Border Merchant Friction Index

NEW DATA: 10 Key Features For Boosting Cross-Border Conversion Rates

Global shoppers want more than a slick, mobile-optimized site – they want 10 key features that only half of all cross-border merchants offer. New data points to the role that those features play in boosting conversion.

 

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Masterclass: Blockchain

i2c President Says Blockchain Will Unlock Cryptocurrency

Marquee names in payments from PayPal to Visa to Square are embracing cryptocurrencies. I2c President Jim McCarthy tells Karen Webster what it’ll take to make these digital assets spendable — and why networks and blockchain are critical to getting consumers on board.

 

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Real-Time Payments

Volante: Banks Must Look Beyond Speed With Real-Time B2B Payments

For corporates, the value in real-time payments isn’t only about speed – but the value-added services, data and new business models that real time infrastructure supports, says Domenico Scaffidi head of market infrastructures at Volante. And for financial institutions (FIs) to deliver, they must get creative and change the culture.

 

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Artificial Intelligence

Zest AI CEO: Artificial Intelligence Is Reshaping Lending and Credit 

Adding artificial intelligence (AI) and machine learning (ML) to loan decisions can not only drive banks’ profits, but also eliminate any bias from the process, CEO Mike de Vere of Zest AI tells PYMNTS. And when they do, banks often see a 20 percent lift in loan approvals and a 30 percent reduction in charge-offs.

 

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Biden Administration  

What's Ahead for Financial Services In A Biden Administration?

The CFPB, credit reports, faster payments and postal banking are all likely to be in the incoming Biden administration’s sights for scrutiny – if not part of a downright overhaul. Here's what could happen. 

 

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Smarter Payments Tracker

New Report: Banking-As-A-Service Takes Friction Out Of Remittances

For 40 million U.S. immigrants, opening bank accounts and cost-effectively sending funds to another country can mean using multiple banking and payment apps. But in the Smarter Payments Tracker, CEO Joaquin Ayuso of Rayo, explains the role that Banking As A Service integrations play in helping financial institutions (FIs) provide them an inclusive one-stop mobile banking experience.

 

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What's Hot


Amazon Faces EU Antitrust Charges Over Seller Data


India’s Antitrust Regulator Targets Google Over Google Pay


Ant Group’s IPO Woes Could Slash Valuation In Half To $140B


The RealReal Reports Rise In Active Buyers, Improving Supply Chain


Dine-In Restaurant Stocks Rally On Vaccine News, Aggregators Sink


UK FinTech Scramble As No-Deal Brexit Looks Probable


Goldman: Biden Victory, Vaccine Point To ‘V-Shaped’ Recovery


Google App Lets Creditors Lock Financed Phones


Banks Tighten Loan Rules, See


Bitcoin Daily: Bitcoin Stock Dips On Vaccine News; Crypto Licensing Bill Proposed In NJ


Best Of Yesterday 


Retail 2022: Digital Delivered In A Physical World


New Data: More Than Forty Percent of U.S. Consumers Shop Through Digital Channels … And Stay There


Phlatbed CEO: How Mobile Tools Keep On-Demand Wages Moving


 

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