Revolt targets teens and tweens, Americans pull back on credit card borrowing, Amazon Halo’s effect on healthcare payments

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October 8, 2020

PYMNTS TV: B2B Payments 2021

SMBs Refocus On The ‘Four Ps’ — Especially Payments

SMBs often struggle the most with the great digital shift that is now underway. In a livestreamed conversation earlier in the week, Sara Wardell-Smith, Visa Business Solutions’ North America head, and four small-business owners and executives explain why small steps are the key to navigating the large-scale changes that all SMBs must make.

 

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Instant Payments

Clearing Up Instant Payments No ‘Stop Payment’ Confusion

Instant payments can be a powerful fraud fighting tool given all of the inherent authentication improvements it can bring to the table, Ingo CEO Drew Edwards tells Karen Webster in a recent chat. But they’re also irrevocable, which means there’s no ‘stop payment’ or chargeback option for consumers who get duped into sending money to fraudsters. Still, Edwards says the security positives outweigh that negative.

 

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Digital Shift

How DTC Merchants Are Learning To Curate The Digital-First Customer Experience

Best-in-class brands were already embracing digital channels, but the last six months pushed the pedal to the metal to accelerate and improve their game, Lynn Tran, vice president of product management at sticky.io tells PYMNTS. She says it’s all about learning to curate the right customer journeys. Here’s what that entails.

 

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Online Fraud

The Problem With How Most Banks  Use IP Address Checks To Fight Fraud

Financial institutions are fighting online fraudsters tooth and nail, but GeoGuard CEO David Briggs tells Karen Webster that they fail to properly use a tried-and-true technology that consumers use and like every time they pop open an app – geolocation checks. Simply checking IP addresses isn’t enough, he says. Here’s what is.  

 

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Consumer Financial Services

Using Tech And AI To Fill America’s 'Retirement Advice Gap’

Financial planners typically provide plenty of in-person retirement advice to wealthy Americans, and lots of apps aim to help young people with the same. But R. Tyler End, co-founder and CEO of retirement-planning platform Retirable, tells PYMNTS there’s an ‘advice gap’ for modest-income Americans in their 50s who fall somewhere in between. Here’s how tech and artificial intelligence (AI) can fill the gap.  

 

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Digital Payments

Amazon Halo’s Effect On Healthcare Payments

The consumerization of payments across a range of verticals is underway – healthcare is no exception. In an interview with Karen Webster, John Talaga, executive vice president and general manager of healthcare, discusses the recent introduction of Amazon’s Halo, where it fits into a longstanding trend in digitizing a huge payments (and care) pain point in the U.S. health system – and what’s next in crafting personalized payment plans.

 

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