Paytm eyes expansion into Japan, OfferUp CEO talks marketplace fraud, Why most consumers donât use gas apps | | WePay On The Art Of Payments Risk Management The digital evolution of commerce has created a whole new world of risk â traditional methods of mitigation are simply inadequate. Thatâs the take from both Rich Aberman, WePayâs co-founder, and the companyâs VP of Product Risk, Compliance and Experience John Canfield. In this weekâs Unscripted Podcast they explain how the next generation of risk management will be predicated on data sets and context. |
Why 95 Pct Of Consumers App-Out When Buying Gas Everyone uses smartphones for everything, yet more than 95 percent of consumers fill up without breaking out a mobile app, according to new research from PYMNTS, in collaboration with GasBuddy. How can gas station convenience stores do more with mobile? GasBuddy CTO Max Metral digs into the data, discussing what works in winning over mobile-focused consumers and whatâs heating up for c-store retail and fuel purchases. |
New Black Friday Data: Shoppers Spent Big (Or Stayed Home) Not everyone broke down retailersâ virtual and physical doors to get shopping done on Black Friday. In fact, 39 percent of would-be buyers stayed home. Those who braved the frenzy got up early, according to a PYMNTSâ Black Friday survey. A thousand of those brave consumer souls tell us what they bought and why, giving clues for what to expect this holiday season. |
| Digital Fraud Tracker™ | OfferUp CEO On Making Marketplace Authentication Smarter Digital marketplaces have become beloved by buyers and sellers â and fraudsters. Nick Huzar, CEO of OfferUp, says that most current authentication standards are either too lax â sacrificing security for simplicity â or too stringent, which hurts the user experience. In the latest Digital Fraud Tracker, Huzar tells PYMNTS why finding the perfect balance means depending on âsmarter authentication,â and using tools like AI and machine learning to fight fraud while keeping the consumer experience convenient. | | |
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