| Goldmanâs Marcus hits $3B lending milestone, Amazon beefs up cross border capabilities, Trade creditâs ticking $2.5T time bomb. | | | Digital Banking Tracker⢠|
| Risky Business: When FIs Make AI A 'Black Box' From fraud prevention to customer service, AI is transforming how banks do their day-to-day business, says Ken Wong, head of OCBC Bankâs AI lab â and banks that arenât ready to adopt the tech will soon fall behind. In the latest Digital Banking Tracker, Wong reveals why it is important for FIs to keep AI from becoming a âblack box.â |
| Instant Payments As The Rule, Not Exception For Gig Workers A structural shift is in the offing as the gig economy lures more Americans to take on project-based employment. Gig work done quickly demands faster turnaround when it comes to getting paid. Dierdre Ives, managing director for Wirecard, North America, tells PYMNTS why instant payments may soon become the norm for pushing funds to workers' coffers. |
| Trade Creditâs $2.5 Trillion Ticking Time Bomb Toys R Us is just the most recent example of what happens when a big buyer goes belly up, leaving suppliers, literally, empty-handed. Itâs a trade credit risk that CreditRiskMonitor CEO Jerry Flum says is now a $2.5T ticking time bomb across industries, especially retail. That, he told Karen Webster, demands a new way to assess the risk of buyers who often pay their bills right up until the very day before the lights go out for good. |
| | Subscription Commerce Conversion Index™ | | NEW DATA: How Subscription Commerce Top Performers Reduce Signup Friction In the cutthroat world of subscription commerce, the best performers know that every additional second that it takes a consumer to convert to a paying customer, increases the odds that they wonât. The latest Subscription Commerce Conversion Index examines 300 data points across 178 sites and shows that the best of the best have shaved a full seven seconds off that time by focusing on what features matter most. That means de-prioritizing those that donât. We have both lists and the data to back it up. |
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