| Uber ousts the head of Uber Eats, JPMC looks for Fintech and other acquisitions, and Mastercardâs Incoming CEOâs take on the future of payments | | | How One Nevada Credit Union Secures Its Self-Service Innovations Credit union members are increasingly placing emphasis on self-services like mobile and online banking for their seamlessness and convenience. And while many CUs are undergoing extensive changes to meet this demand, they face challenges in keeping members' data private and secure. In this monthâs Credit Union Tracker, Chief Financial Officer Steve OâDonnell for One Nevada Credit Union discusses how the CU revamped its core system to offer these self-services while ensuring member privacy. |
| Reading Predictive Tea Leaves With Smart, Big Data Thereâs a lot of talk about âbigâ data â but firms also need âsmartâ data â the kind of data that can help anticipate events, far and wide, and forecast demand. Cam Brown, CEO of PredictHQ, tells Karen Webster how analyzing millions of data points and events across 30,000 cities globally â with the help of application programming interfaces (APIs) â can pinpoint demand for companiesâ goods and services ⦠and make plans accordingly. |
| Mastercardâs Incoming CEOâs Take On The Future Of Payments After over a decade at the helm, Mastercard CEO Ajay Banga will step into the role of executive chairman and Chief Product Officer Michael Miebach will step into the top job on Jan. 1, 2021. We've had the opportunity to talk to Miebach many times throughout the years here at PYMNTS â and gotten his view on what's next for the ever-evolving world of payments. Here are a few of the insights heâs shared. |
| SWIFT: The Road To ISO 20022 Adoption Reliance on old-school messaging standards and compliance with fragmented regulatory standards makes cross-border payments a hotbed for payments friction. Adopting the ISO 20022 can help, but financial institutions (FIs) can struggle with the long-term planning it requires. So how can FIs work toward embracing this new, more universal standard? Saqib Sheikh, global head of SWIFT’s ISO 20022 program tells PYMNTS how FIs around the globe are instituting their own ISO 20022 transition plans. |
| | Grocery’s Last Mile | | Kraft Heinz's Evolv: Backing Micro-Fulfillmentâs Evolution At The Grocery In eCommerce, and specifically, fulfillment, might the mantra be: Think big, go small? For grocers making the transition to the digital age, micro-fulfillment centers located at the back of the store may solve a myriad of logistics/inventory challenges. Evolv Ventures (the $100 million venture arm of Kraft Heinz) Managing Partner Bill Pescatello tells Karen Webster how a new investment in Israeli startup Fabric can bring automation to the corner store and help speed deliveries. |
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