| Banks pile up bitcoins for ransoms, Hyperwallet goes real time with Visa Direct, and deep insights into gig workers revealed. | | | | Got Gigs?
The gig economy is BOOMING. And weâve got a new take on its impact and whoâs really working gigs these days and why. The inaugural PYMNTS Gig Economy Index⢠in collaboration with Hyperwallet, has collected more than 100k brand new data points that fill important gaps in understanding about this growing part of our economy that no one, including the government, is measuring. That, along with insights from gig workers themselves and an interview with gig economy matchmaker, Breandan Beneschott, COO and co-founder of Toptal, can all be found inside this Index. Read More... |
| PYMNTS Checkout Conversion Report Card |
| Is The Online Customer Always Right?
When it comes to payment options, online merchants would do well to heed the old adage. These days, consumers prefer to pay the way they want â and, with 27 percent of all merchants adding new payment types this year alone, it seems the customer is right. Very right. The annual PYMNTS Checkout Conversion Report Card reveals the secrets of the most successful merchants at making â and keeping â customers happy and their conversion ratios healthy.
Read More... |
| How Visa And Intel Are Creating A Security Standard For The IoT
After a brief taste of the digital apocalypse Friday â the world suddenly learned that the IoT provides a heck of a backdoor for hackers. But itâs a backdoor that Intel and Visa have teamed up to lock â or at least block pretty significantly. Karen Webster got the pre-announcement scoop from Visa's SVP risk and authentication, Mark Nelsen, on how moving encryption and authentication down to the chip level is a first step in making the IoT a harder place for bad guys to make trouble and a safer place for consumers to conduct commerce. Read More... |
| | Payments Innovation | | What the Uber Driver Revolt Means for Payments
Thereâs a pretty alarming epidemic thatâs now afflicting many of the matchmakers lucky enough to solve matchmakerâs biggest problem: ignition and scale. Karen Webster says that Uber, the card networks and even Facebook, Android and OpenTable all suffer from a disease that strikes stakeholders who were once very happy with the benefits of the matchmaker model when it was ramping up but now want the same benefits â and even more â for less. This concerning disease for all matchmakers-in-waiting, she says, does have a cure - which, ironically, is exactly what drove the matchmakerâs success in the first place. Is your matchmaker model at risk? Read More... |
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