| Amazon Go goes live today, Big bank credit card losses spike, Cyber fraud hits all time high. | | | Digital Banking Tracker⢠|
| NEW REPORT: How AI Helps Banks Close The PFM Gap Historically, bank-driven personal financial management (PFM) solutions have met with a lackluster reception. Rami Thabet, Royal Bank of Canadaâs VP of mobile, tells PYMNTS how AI is changing that, and helping banks generate actionable advice that puts consumers in control of their finances and even helps them save. This monthâs issue of the Digital Banking Tracker⢠digs into that issue, as well how FIs are investing in APIs and Open Banking initiatives. |
| Worldpay, Vantiv Acquisition |
| Worldpayâs Plan For Payments Being omnichannel isnât enough anymore, Shane Happach, head of global enterprise eCommerce at Worldpay, tells Karen Webster. Neither is simply processing payments. To be successful, he says, retailers must be more than the sum of their on and offline parts â and payments processors must do more than process their payments to remain relevant. Happach lays out Worldpayâs plan for whatâs next. |
| Is Cryptocurrency The Key To Shoppable Digital Programming? Reedeux is a media start-up with a very big goal â global media domination. Their plan involves taking the friction out of media advertising by turning all media into advertising â and funding this brave new world of interactive advertainment content with their own in-house cryptocurrency. âHollywood is in trouble,â according to their CEO Federico Pacquing, and will be until it can find a better way to move beyond ads to monetize their productions. Say hello to the shoppable program. |
| | Payments Innovation | | Why Innovation Is Nothing Without Distribution Ada Lovelace made Charles Babbageâs dream of computing possible. Alan Turingâs team of codebreakers turned the tide of World War II. Two unsung heroes whose contributions to those historic milestones went largely unknown for decades. Karen Webster says that distribution in a digital world is payments and innovationâs unsung hero â a concept that will determine who wins and who doesnât. It was the report last week of General Millsâ interest in acquiring online wholesale club, Boxed, that she says makes that point. You could also ask Alexa. |
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