| Amazon Go goes to grocery stores, eCig Firms get boost from Auth Tech, and why consumers will shrug off Marriott hack | | | How Authentication Tech Is Stamping Out Illegal eCig Purchases When it comes to keeping underaged consumers from buying vapes and associated tobacco products online, itâs a little like the Wild West â and just a matter of time before the booming, global eCigarette market faces more regulatory pressure to strengthen the authentication of those buyers. Jumioâs Director of Product Management Reinhard Hochrieser tells PYMNTS how AI and biometrics can help. |
| EPC Chair On SEPAâs Instant Credit Transfer, One Year In A year since the European Payments Council debuted the SEPA Instant Credit Transfer scheme, credit transfers are done in 10 seconds or less. Yet, itâs still early, and the challenges of bringing instant payment solutions toward pan-European ubiquity are significant. In the latest Monday Conversation, Javier Santamaria, EPC chair, lays out the roadmap ahead. |
| From Friendâs Grandpa To Hip Elder Brother: Banks As Consumer Trust Anchors An ongoing parade of breaches and data scandals over the last few years has left consumers searching for trusted digital partners. This landscape, Entersekt SVP of Product Niel Bester tells Karen Webster, creates an opportunity for banks â if they can shift their âfriendâs grandfatherâ perceptions to âelder brotherâ coolness. With reputations for security and stability, he says FIs could be consumersâ trust brokers of the future if they step up before someone else cooler does. |
| | Payments Security | | Why Consumers Will Shrug Off The Marriott Breach The Marriott breach of 500M consumer credentials, including passport numbers, should be enough to make consumers head for the Hyatt or other hotel-chain hills, right? Karen Webster says that if past is prologue, consumers might say theyâll bail ... right before they make their very next booking with them â just like theyâve done every other time a merchant they shop with has been compromised. Hereâs why. |
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