| SoFi looks to consolidate fintechs, marketplaces reinvent inventory liquidation, Filling global faster payments gaps. | | | Cashing In On Returns: Marketplaces Reinvent Inventory Liquidation Returns and excess inventory are a fact of retail life â and until 10 years ago, so was selling it to liquidators on the cheap. B-Stock, and its $65M capital raise, is a proof point for the power of a marketplace to change that dynamic. CEO Howard Rosenberg tells Karen Webster how the rise of eCommerce has led to gains in secondary marketplaces to monetize unsold products. |
| AI And Credit Unions: A Tool, Not Just Tech The time has come â and in some cases, is already past â for credit unions nationwide to use AI and machine learning to boost their bottom lines. Doing that, said Fotios Konstantinidis, SVP of fraud products at CO-OP Financial, means understanding that AI isnât just cool tech â it is also a tool for solving complex customer problems. |
| Startup Roundup: A Look At Local, National And Global Expansions In the life of a startup, thereâs no better news than growth, be it across new verticals, devices or geographies. As startups such as DadeSystems, FitPay and Jewel Paymentech expand across devices and functions, Tipalti, AvidXchange and Emailage announce new growth for their local, national and global footprints. Hereâs all the latest news from startupland this month. |
| | Faster Payments Tracker™ | | NEW REPORT: Minding Faster Payments Global Gaps From enabling new messaging capabilities in the U.S. to cross-border push payments for expats in Kuwait and Zimbabwe, access to faster payments tools is rapidly accelerating. Still, gaps remain, says John Hutton, director of payments for Nationwide Building Society. In the latest Faster Payments Tracker, Hutton weighs in on how the U.K.âs Faster Payments Scheme has improved consumersâ financial lives, while at the same time raising the bar on fraud detection. |
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