CFPB Has Harsh Take on FinTech Apps | Working Capital Still King for Business Funding | Metaverse Secure Payments Lean on Bank Tech

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Digital Fraud Tracker®

Secure Payments in the Metaverse Will Lean on Banking Experience, Technology

The metaverse and Web 3.0 hold great potential for merchants and consumers, but security measures need to be updated constantly. In the “Digital Fraud Tracker®,” BNY Mellon’s Carl Slabicki tells PYMNTS how businesses can keep both merchants and consumers safe while moving to the metaverse.

Working Capital

Working Capital Still King When Funding Business Needs

Gourang Shah, head of advisory at JPMorgan Chase, tells Karen Webster that although many companies improved balance sheets and built working capital last year, those buffers are now being put to the test, making liquidity more critical than ever.

Digital Retail

Australia Pivots From BNPL to Reinventing Digital Retail Down Under

Visa’s Brian McGrory and Live Payments CEO Reuven Barukh delve into the details of how Australia's retail industry has transitioned from perfecting BNPL to accelerating uptake and innovation of its connected economy efforts.

FinTechIPO™ Index

FinTech IPO Index Slides Despite Futu’s 20% Surge

The FinTech IPO Index continued to lose ground, sliding more than 3.5% despite an equal mix of double-digit advancers and decliners ahead of the long Labor Day weekend.

Cross-Border Payroll

Cross-Border Payroll Complexities Demand a Partnership Approach

Frederick Crosby, CRO at global money movement platform Nium, tells PYMNTS that while private agencies have been instrumental in helping firms hire and manage a global workforce, it takes a village and support from partners to assist them in filling the payments and billing gaps where they lack the expertise.

Crypto Regulation

California Crypto Bill Would Be as Tough as New York’s BitLicense, Critics Say

The Blockchain Association says the law awaiting the governor’s signature threatens to “undermine innovation” and drive out crypto companies. Industrial lenders, state-chartered trusts or limited purpose trusts could issue stablecoins with approval.

Data Brief: Payments Automation

54% of Online Marketplaces Have Embraced Payments Automation

At a time when most online marketplaces are seeing a sustained surge in payments volumes, a majority of executives polled by PYMNTS said they see both challenge and opportunity from automating AP activities.

74 Million Employees Embraced 'Work From Anywhere’ Trend in US This Summer

According to a survey of 2,736 consumers for the September edition of PYMNTS’ “The Connected Economy” report, more employees not only worked remotely from other places than home, but also checked in with the office while on vacation, further blurring the shift in how and where we now work.

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