FTC probes card networks over debit, Investors flock to later stage companies, Visa on using AI to make transactions smarter

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

November 14, 2019

Artificial Intelligence

Visa: Using AI To Separate The Good And Bad — From Billions Of Daily Transactions

Separating good activity from bad — across eight billion security events every day, and billions more credit and debit cards and accounts — is no easy task. Visa’s Chief Information Security Officer Sunil Seshadri tells Karen Webster that applied artificial intelligence (AI) is critical in battling even sophisticated hackers. One key arrow in the quiver, he says: devaluing data so it’s of no use.

 

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Inventory Protection

How Retailers Are Playing The Holiday Inventory/Retail Tariff Game

Holidays are make or break for when most sales are made between Black Friday and Christmas. The uncertainties of the ongoing China-U.S. tariff war means Chinese suppliers want payments up front. On the heels of yesterday’s launch of its new Inventory Protection Program, Clearbanc Co-founder and President Michele Romanow tells PYMNTS how it can help U.S. firms get the goods they need in this critical season — and protect margins.

 

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Friendly Fraud

QSRs Fight Back Against Friendly Fraud

Friendly fraud at QSRs? It’s a thing, says Kount's Chief Customer Experience Officer Richard Stuppy. And, it’s on the rise. But a little pressure from QSRs can help curb its abuse. Here’s how the big brands are fighting back.

 

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Retail Innovation

How 'Assortment-As-A-Service' Is Changing Physical Retail

From a physical storefront showcasing up and coming brands to digital marketplace helping physical retailers stock their shelves, Bulletin Co-founder and CEO Alana Branston tells PYMNTS that "Assortment-as-a-Service" is helping physical retail compete in new ways. Here’s how.

 

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Consumer-Centric Authentication Playbook™

NEW DATA: Banks Fail To Meet Consumer Desire To Drive Mobile Banking Authentication

From account-to-account transfers to remote check deposits, most mobile banking customers want authentication controls for financial peace of mind. However, PYMNTS’ research shows that banks are falling short, with only 39.9 percent of consumers indicating they receive this level of control. The new Consumer-Centric Authentication Playbook: In Search Of Authentication Controls features more than 300 data points outlining how FIs can close the gap on consumers’ authentication expectations.

 

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What's Hot


Investors Raise Billions To Invest In Later-Stage Companies


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Google Dives Into DDAs


Goldman To Offer Shared Apple Cards For Families


Alibaba Files For Secondary $13.4B Listing In Hong Kong


JPMorgan Links With Boost For Commercial Card Acceptance


FinCEN Releases Advisory On FATF’s List Of AML/CFT Deficiencies


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Best Of Yesterday 


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Why FATF’s New Digital ID Report Will Be A Boon For Payments


 

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