Google launches small biz portal, EU banks fast track instant payments, PayPal’s take on Libra

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June 28, 2019

Facebook Libra

Why PayPal Agreed To Take A Seat At Libra’s Table

Why would PayPal — a global payments network with its own focus on financial inclusion — agree to take a seat at Facebook’s Libra table? COO Bill Ready tells Karen Webster in an interview just after the initial Libra news broke that, to push inclusion to the next level, new infrastructure may be needed. That’s worth a conversation. Here’s why.

 

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Age Verification

Can Age Verification Standards Save The eCigarette Business?

A looming ban on eCigarettes — with San Francisco leading the charge — points to the need for age verification standards that apply to all businesses and areas. Scott Hardy, vice president of BankCard USA, which runs AgeChecker.Net, discusses with PYMNTS how good actors in this space can stay ahead of the game, and how age verification can play a role as laws evolve for such age-restricted products.

 

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Masterclass On Demand

Solving B2B's Back-Office (Digital Payments) Challenge

Banks and FinTech firms can leverage technology to bring B2B payments into the digital realm, and stop fraud before it happens. Easier said than done, at least in terms of tech deployments amid fragmented ERP and accounting systems. Yet, as Bill Wardwell, VP of strategy at Bottomline Technologies, explains in this Masterclass video, an end-to-end approach can ease the B2B transition away from paper checks.

 

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 Smarter Payments Tracker™

Meet Facebook Libra’s Founding Architects

Facebook’s Libra crypto push brings together 28 companies (so far), across industries, to shape its charter and go-to-market approach. However, what do these founding members, with different priorities, ultimately want from its supporting infrastructure? In the latest Smarter Payments Tracker, Libra Association members, including online retailer Farfetch and nonprofit Women’s World Banking, explain their roles in building the blockchain-based payments network from scratch — and what it means for the future of payments.

 

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