Discounts kickstart Chinese economy, Fed says small banks key to bailing out SMBs, The ripple effects of Force Majeure

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March 25, 2020

PODCAST: Financial Institutions

Helping FIs Maximize Card Portfolio Returns In Volatile Times

It’s a fact: Financial institutions (FIs) need to have multiple relationships in place with consumers across credit, debit and prepaid card portfolios. Ava Kelly, head of global product at i2c, told Karen Webster in a recent podcast that for FIs, getting to “top of wallet” status means using data to examine time-to-market for new products and services, tailor offerings to different segments and personalize interactions.

 

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Business Contracts

COVID-19 And The (Legal) Ripple Effects Of ‘Force Majeure’

The human costs of COVID-19 have been staggering; the economic costs almost unfathomable. As supply chains are interrupted and events are cancelled (including the Olympics), an increasing number of firms may invoke “Force Majeure” protections. Jeffrey Neuburger, partner at Proskauer and co-head of the law firm’s Technology, Media and Telecommunications group, tells PYMNTS what the ripple effects might be — and why everyone should read the fine print.

 

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PYMNTS Masterclass

How Unattended Retail Completes The Commerce Triangle

Unattended retail in the last few years has been embraced by mainstream merchants and retailers of all stripes, USA Technologies’ Executive Vice President Anant Agrawal tells PYMNTS. It means a whole new forefront is opening up for unattended retail, where it will be less a niche or specialty offering, and more a bridge between the physical and digital in an increasingly multichannel world.

 

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eCommerce Software Sales

Navigating The Sea Change In Global Software Sales

The world of software sales has undergone a sea change in the last decade, switching from one-time big buys to recurring Software-as-a-Service models. That, FastSpring CEO David Nachman told Karen Webster, represents a huge opportunity for software firms to move to longer and more revenue rich subscription models going forward.

 

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Digital Fraud Tracker™

Banking Bots: The Good, The Bad And The Ugly

Automated bots can wreak havoc on banks, but building an airtight defense can impede a good user experience. The challenge is separating the good bots such as search aggregators from bad ones that are attempting fraud. In this month’s Digital Fraud Tracker, PYMNTS spoke with Raghu Valipireddy, senior vice president and chief information security officer for Axos Bank, to get this take on why too many financial institutions (FIs) could be overzealous with their anti-bot firewalls.

 

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