| Amazon opens online beauty store, SWIFT squeezed over Iran, Payday lenders buff up products. | | | Mastercardâs Menendez: Solving Freightâs Big Payment Frictions There are massive inefficiencies in the freight forwarding industry, Carlos Menendez, president of enterprise partnerships at Mastercard, told Karen Webster, which cost the freight forwarding industry $36B a year and consumers and businesses lost time. Menendez explains why removing the friction in the last mile of delivery starts by optimizing the first mile of payment. |
| NovoPayment CEO: LATAM Banksâ Digital Journey Starts With The Value Chain As the economically attractive LATAM region makes fresh moves toward digital payments and commerce, it pays to make sure traditional FIs understand why it's important to the bottom line. Anabel Peréz, CEO at NovoPayment, tells PYMNTS that means helping FIs understand the customer value chain, then arming their corporate clients with the tools to bring that digital customer or SMB on board. |
| How To Make KYC Dynamic And Across Silos FIs have to grapple with FinTech upstarts, KYC mandates and âfalse positiveâ transactions, along with friction for the consumer. Breaking down silos within an FI, to contend with a more robust fraud environment, means putting trust in digital identities, IdentityMind CPO Jose Caldera explains. |
| | Faster Payments Tracker™ | | The Supply Chainâs Weakest Link: Payments The weakest link in any supply chain, particularly across borders, can be payments. Brian Jamieson, CEO and co-founder of Centtrip, tells PYMNTS in the latest edition of the Faster Payments Tracker that leveraging faster, even real-time payments can help corporates mitigate the high FX costs and the risk of delayed payments. With the trillions of dollars of cross-border transaction volume, Jamieson says that keeping those supply chains strong by optimizing payments across them is now essential. |
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