| Mastercard uses AI to reduce false declines, Affirm spreads wings on new ecomm sites, why closing branches is counterproductive. | | | | Mastercard Uses AI To Solve Commerceâs Biggest Problem
False declines cost merchants plenty: billions in lost sales and even more in often forever-broken customer relationships. That commerce-killer is what inspired Mastercard to create its new Decision Intelligence platform, which launches today with a promise to turn false declines into a thing of the past for the payments ecosystem. Ajay Bhalla, Mastercardâs president of enterprise risk, shares all the details. Read More... |
| PayPal Takes Business 'On The Go'
In the race to be fast and first, PayPal has taken a more deliberate path to building its new app for business, talking and listening to merchants two full years before setting the engineers loose. But that, VP of Merchant Product and Technology Arnold Goldberg said, was the way it had to be given the number of merchants PayPal serves and all of the corners of the world it serves them in. So, what will it do for merchants? We've got the whole scoop here.
Read More... |
| Making Digital Promotions, Physical
Such a simple thing. Consumers see a promotion online but canât apply those promo codes or redeem those points at the physical point of sale. Solving that problem for Macyâs inspired Gregg Aamoth, CEO of POPcodes, to solve that problem for the rest of retail. How that journey has gone â and where itâs headed next â unfolded on this weekâs episode of The Matchmaker Is In. Read More... |
| | Digital Identity | | Blockchaining Out Bad Actors?
Could the same technology that powers bitcoin be used to protect a consumer's identity? For the latest Digital Identity Trackerâ¢, PYMNTS discussed blockchain-based security and the future of the space with the founder and CEO of KYC-Chain, Edmund John. You can find that, along with the latest headlines and a scorecard of 80 of the biggest players from around the industry, inside the latest Tracker. Read More... |
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