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December 16, 2020

Mobile Order-Ahead Tracker

ChowNow: AI Helps Independent Restaurants Fight The Growing Threat of Digital Fraud

Independent restaurants were especially hard hit in 2020, not only by the pandemic but also by fraudsters using stolen credit cards on mobile food-ordering apps. In the December Mobile Order-Ahead Tracker, PYMNTS speaks with Eric Jaffe, co-founder and chief operating officer of online ordering system ChowNow, about how artificial intelligence (AI) helps spot malicious transactions and prevents fraud.

 

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PYMNTS TV: Chargebacks

Retailers, Banks Say Transaction Clarity Key To Moving From Dispute Management To Dispute Prevention

If an ounce of prevention is worth a pound of cure, then what’s on the agenda for retailers and banks in 2021 is using tech to avoid consumer chargebacks and disputes. Ethoca CEO Andre Edelbrock; Cabela’s and Bass Pro Shops Senior Manager of Fraud and Investigations Keith Thompson and First National Bank of Omaha Director of Fraud Management Steve Furlong say giving consumers a clearer picture of their transactions online will help.

 

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The CFO’s Guide To Digitizing B2B Payments

IBM: Securing Virtual Cards Starts With Digital Onboarding

Virtual cards can reduce fraud for businesses transacting online by keeping cybercriminals from slipping thru the front door, says Mike Cook, senior partner at IBM Payments Center-Canada. In The CFO’s Guide To Digitizing B2B Payments, Cook discusses how securing cardholder onboarding can save businesses from tackling payments fraud later on.

 

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Digital Identity 

Flexibility And Orchestration Define Future In Fight Against Fraud

2020’s great digital shift has given rise to a new type of fraud: business identity theft. Trulioo Chief Operating Officer Zac Cohen tells Karen Webster in a PYMNTSTV segment that the key to defending against that and other vulnerabilities is to be as nimble and innovative as the bad actors are.

 

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Podcast: Virtual Corporate Cards 

Goodbye Plastic: Corporate Card Spend Set For Virtual Makeover

For all the pain that COVID-19 has caused, Nick Reid, director of B2B partner development at Conferma Pay, sees one positive – the widespread adoption of digital payments. He tells PYMNTS that industry forecasts predict virtual commercial cards will account for 50 percent of the U.S. market within two years, up from 40 percent today.

 

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Main Street SMBs: The 18-Month Outlook  

Study: 67 Percent Of Main Street SMBs Say They’ll Do More Business Online Post-Pandemic

Main Street businesses have retooled their business models to serve a more digital-first consumer — and more than 67 percent say they will do more business online post-pandemic. The latest PYMNTS Main Street SMB benchmarking study conducted in November, the 16th since March, shows a more optimistic Main Street that’s driving its own digital transformation.

 

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What's Hot


Form3 Partners With Mastercard To Advance Real-Time Payments


GoDaddy Agrees To Buy Poynt To Boost Digital Payments Technology


Klarna Teams With Verifone To Expand In-Store BNPL Availability


Amazon Expands Data-Driven Fashion Push


EU Releases First Drafts For Digital Services, Digital Markets Acts


FIS Powers Quontic Bank’s Bitcoin Rewards Checking Account


Walmart, Gatik Expand Self-Driving Truck Test To Louisiana; Arkansas Test Will Now Be Driverless


Vroom To Buy Automotive AI Platform CarStory For $120 Million


IBM Acquires Canadian FinTech Expertus


Bitcoin Daily: Moble Payments App Slide Now Includes Crypto Option; SatoshiPay To Use German Bank's Euro-Backed Stablecoin For Cross-Border Transfers;


Best Of Yesterday 


Study: Manual AR Processes Slow Payments Collection By As Much As 67 Percent


Virtual Cards Streamline, Simplify B2B Healthcare Payments


Disbursements Choice Key To State And Federal Agency Payouts


 

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