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Challenger Banks

NCR: How FIs Can Triumph Over the Challenger Bank Challenge

As challenger banks take root, is the age of disruption here for financial institutions (FIs)? Maybe not. As Doug Brown, senior vice president and general manager of NCR, tells Karen Webster, FIs can weather the storm of digital upstarts, in part, by leveraging customer loyalty, trust and their big competitive advantage: the sanctity of the bank account.

Digital ID

Mastercard: Private/Public Pacts Pave Way For Digital IDs

The digital economy needs digital IDs to smooth commerce and boost financial inclusion. Ajay Bhalla, president of cyber and intelligence solutions at Mastercard, tells Karen Webster that a new partnership with North Macedonia's government shines a light on how public/private partnerships can combine payments, mobile devices and ID verification — improving access to government services and eCommerce along the way. Here’s why.

The Week In Payments

The Week In Payments: Rewriting Rewards, Buying The Bank And Containing COVID-19

This week, the theme was preparing for change. Change in how rewards are offered to consumers, change to the banking landscape and the host of changes the COVID-19 virus is making to the entire global economy. Karen Webster caught up with Ondot’s CEO and president Vaduvur Bharghavan to separate the signal from the noise in the headlines and to figure out what the impact of all this change might be.

Retail And The Daily Deal

The Life, Death And Rebirth Of The Daily Deal

A decade ago daily deal sites like Groupon and LivingSocial were forecast to be the future of eCommerce. These days, Groupon is apologizing to investors for its massive earnings whiff, closing down its physical goods operations and getting back to basics at the same time that daily deal pioneer, Woot is reemerging, thanks to Amazon. Does Daily Deals 2.0 have a future? Here’s the twisty tale.

China’s Regulatory Realities And Their Global Open Banking Implications

After four years of evolving Chinese online data and security regulations, foreign merchants doing business in China can find it challenging to stay compliant. In the latest Merchants Guide To Navigating Global Payment Regulations, PYMNTS interviews three experts on Chinese eCommerce, data and finance to examine how the misinterpretation of these regulations can impact global merchants' expansion ambitions.

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