| Global Payments, TSYS ink $21B merger deal, Huawei CEO against Apple retaliation, 12 payments execs on how to make instant pay | | | Visa CyberSource: AIâs Role Is To âPredictâ â Not To âKnowâ Marvin Minsky, cognitive scientist and co-founder of MITâs AI lab, said decades ago that computers can only do what humans tell them to do. In the latest PYMNTS conversation with Visa on the state of AI, Scott Boding, VP of risk solutions product management and senior director at Visaâs CyberSource, explains what may be at the root of confusion over AIâs potential: that its true power is to predict and not to know. |
| Closing In On Contactless Paymentsâ Tipping Point Contactless payments have yet to achieve critical mass in the U.S., currently notching only about 3 percent of transactions, according to NMI. The firmâs Chief Strategy Officer Nick Starai tells PYMNTS why a tipping point might be closer than we think, as use cases in mass transit and retail settings gather steam. |
| FinTech Operating Systems |
| OpenFinâs Plans To Bridge The Financial Services Desktop App Gap Building and deploying new apps for the financial desktops that keep Wall Street humming can be friction-filled endeavors. Traders and analysts juggle tasks across several siloed platforms, and interoperability is elusive. Fresh off a new funding round, OpenFin CEO Mazy Dar tells Karen Webster why his firm has been building the operating system for the financial services via the desktop, and why investors want in. |
| | Making Instant Pay Global Playbook™ | | 12 Payments Execs On How To Make Instant Pay From tech-forward gig platforms dueling over mobile wallets to public utility companies still in the cash trenches, real-time payments are the new battleground for consumer engagement and satisfaction. For the new Making Instant Pay Global Playbook, PYMNTS speaks with 12 payments executives from leading eCommerce, gig and public services firms â including Airbnb, Lime, Newegg and PG&E â to understand the role that on-demand payments play in their digital evolution and ability to compete. |
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