| N26 raises $100M, One in four consumers see credit limits cut, Mastercard on fighting online fraudâs big surge | | | Digital Declutters The Medicine Cabinet Digital is changing the way we shop for everything â even medicines as brick and mortar aisles suddenly feel crowded and unsafe. Achal Patel, co-founder and CEO of online direct-to-consumer pharmacy Cabinet, tells Karen Webster how that is now also disrupting how consumers shop for OTC medications and decluttering the medicine cabinet in the process. |
| Mastercardâs Playbook On Fighting Online Fraudâs Big Surge The shift to online commerce over the last eight weeks is unprecedented, and Laura Quevedo, senior vice president of security and decision products at Mastercard, is giving Karen Webster insight into the playbook to help merchants, issuers and banks grapple with it. Hereâs a look at how Mastercard is advising issuers and merchants to prepare for the ramp-up in chargebacks and fraud (even friendly fraud) that seem sure to be coming. |
| How We Will Change: Travel |
| Buffettâs Grounding Of Airline Stocks Shows Turbulence Ahead Word that mega-investor Warren Buffettâs Berkshire Hathaway has sold all of its holdings in U.S. airlines caused airline stocks to tank. PYMNTS' latest survey on consumer interest in reopening the economy shows that Americans donât expect to return to the skies anytime soon â for work or for pleasure. In fact, itâs near the bottom of their lists of things to do. We break down the airline travel and bookings turbulence ahead. |
| How Addresses Have Become Digital IDV’s Weakest Link Life under lockdown has forced all of us to get what we need through delivery to our doorsteps. But Bud Walker, chief strategy officer at Melissa Data, tells PYMNTS why that means firms need the cleanest, most up-to-date and accurate information possible — especially for addresses — as they make the pivot toward eCommerce. |
| Fight Card-Not-Present Fraud In A Card-Not-Present World The rapid rise of online shopping is creating a perfect opportunity for card-not-present fraud, but Mitch Pangretic, senior vice president of strategic partnerships at Elan, says there are ways merchants can fight it. From using email to sending text messages to confirm identity, here’s what he recommends. |
| | B2B API Tracker™ | | Bankers On Fixing B2B Payments API Flaws Glitches such as those arising from faulty application programming interfaces (APIs) can lead up to 88 percent of app users to abandon them, making it imperative for banks to constantly monitor their APIsâ performance. In this monthâs B2B API Tracker, PYMNTS spoke with Skandinaviska Enskilda Banken AB executives Robert Pehrson and Paula da Silva about how harnessing internal data and third-party data from ratings institutes and government agencies can maintain API performance and offer a seamless banking experience. |
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