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December 9, 2020

PYMNTS TV: Payment Rails

Visa Says Frictionless B2B Payments Are The Future; Rails Must Adapt To New Use Cases

Are all payments rails created equal? Can business payments be rail-agnostic? Alan Koenigsberg, global head of new payment flows at Visa Business Solutions, and Tim Summers, vice president of Visa Direct global segments and market development, tell Karen Webster that B2B payments are reaching a point where financial institutions (FIs) and rail infrastructures can level the playing field between how smaller and large firms make and receive business payments.

 

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Podcast: Financial Services

Banking Innovation Enters New Era; Consolidation Now The Rule

Consolidation continues to define the state of play in the financial-services business. Alastair Lukies CBE, founder and CEO of Pollinate, tells Karen Webster that FinTechs and digital innovators are changing the landscape as the role of payments shifts rapidly in the broader financial-services arena.

 

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Building Trust

Privacy Regulations, Developing Trust Leads To New Revenue Streams for FIs

Fraudsters follow the money, and that means new regulations are necessary to stop them. Joe Bloemendaal, digital ID strategist with Mitek Systems, tells PYMNTS that companies can prepare for regulatory changes in ways that build trust — and can even lead to new revenue streams.

 

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Online Conversion

Design Matters: Data Analytics Take Lead In Designing User Experiences That Drive Sales

Beauty is in the eye of the consumer when it comes to website navigation and purchase conversion – and it’s not always the “prettiest” websites that drive most of the sales. Digital-analytics firm Air360's founder Florent Defontis tells Karen Webster that confused consumers don’t convert – they move on.

 

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B2B Payments

FinTech Innovation Eases B2C Sellers’ Entrance Into The B2B World

B2C retailers like Home Depot increasingly stepping into the B2B market show how merchants can capture a share of this burgeoning business — especially as more and more commerce goes digital. But that's provided they understand that sales and payment workflows look very different in the B2B world, David Disque, president of Corporate Spending Innovations (CSI) tells Karen Webster. 

 

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The 2021 AI Business Plan Playbook For Banks

NEW REPORT: The Banks’ How To Guide To Using AI To Manage Credit Risk

Banks have long turned to a familiar set of tools for managing credit risk — late fees and other penalties. Artificial intelligence (AI) can help, but many banks lack the resources needed to properly implement it. In the 2021 AI Business Plan Playbook For Banks, PYMNTS provides a six-step framework to help banks use AI to manage credit risk.

 

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