China suspected in Marriott breach, Pizza Hut buys order ahead platform, Real Time Payments gives cashless a big boost

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December 6, 2018

Data Drivers

From Cash To Real-Time Payments

Unbanked adults — there are 1.7 billion of them — and cash-anchored economies stand as two promising use cases for real-time payments, which offer financial inclusion and quick access to wages and other funds. However, there remains ample room for further innovation — along with opportunities for new types of fraud. What will it take to make real-time payments grow even more? In the latest Data Drivers, Karen Webster and Vocalink’s SVP of Real-Time Product George Evers take a spin through the latest RTP data and discuss what’s coming next.

 

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Digital Remake

From Appliance Repair To DIY Commerce Platform

Appliance repair is a $5 billion industry dominated by Mom & Pops and DIY’ers — both of which need a better way to get parts and figure out how to install them. More than a century after opening its doors, the Repair Clinic has gone from Mom & Pop to massive digital commerce platform — home to more than 7 million parts to repair appliances from 175 manufacturers and 3,500-plus DIY repair tutorial videos. Karen Webster talks with CEO Bob Burke about that digital journey and what’s next.

 

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Cybersecurity

KPMG: How AI Defense Can Counter Faster Payments Fraud

Criminals are exploiting faster payment programs to steal from consumers and businesses, and are doing so in ways that can make recovery impossible. Yet, there are ways to shore up fraud prevention defenses in this new, faster age. Karen Webster talks with KPMG’s Principal of Cyber Security Ron Plesco and Principal of KPMG Strategy Bob Ruark about the weapons being used by fraudsters and how organizations can fight back without sacrificing customer convenience — or their trust.

 

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B2B ePayables Playbook

NEW DATA: Making The Business Case For ePayables

ePayables can improve payment speed, cut costs and enhance data security — so why is the adoption rate still so low? New PYMNTS and Mastercard research reveals that nearly two-thirds of corporates who’ve yet to optimize their payables processes would consider ePayables — if they could only understand how it works — and how to get suppliers on board.

 

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