| Visa, Samsung team on mobile POS, Goldmanâs Marcus goes mobile after three years, Grubhub starts new convo about restaurant aggregators | | | Wells Fargo: Using APIs To Cut Corporate Cash Flow Confusion Corporates no longer tolerate âswivel chairâ solutions that force them to switch back and forth between different software solutions and different bank websites just to manage their cash position. Imran Haider, executive vice president of open APIs for Wells Fargo, tells PYMNTS that thereâs a simple fix. In the latest B2B API Tracker, Haider discusses how application programming interfaces (APIs) are giving financial institutions (FIs) the tools they need to give corporates a single line of sight into the lifeblood of their business. |
| Visa, Samsung Team To Expand Retail POS Acceptance The mPOS space got more interesting over the weekend with the announcement that Samsungâs Galaxy XCover Pro includes Visa Tap to Phone technology to enable contactless payment acceptance. Visaâs Global Head of Seller Solutions Mary Kay Bowman tells Karen Webster that Tap to Phone has been live in 16 pilots since last year, but the Samsung partnership represents a new important milestone for the technology and retailers. |
| Mastercard: Using AI To Keep Issuers On The Right Side Of Credit Risk The use cases for artificial intelligence (AI) are expanding to include those that assess the probability of business risk beyond fraud. In a new PYMNTS video Masterclass, Amyn Dhala, vice president, global product management, AI Express, Mastercard, explains how AI can help financial institutions (FIs) stay on the right side of credit risk, well before the warning signs emerge. |
| Embedding Insurance At The Point Of Sale Retailers understand the importance of integrating payments into the retail experience to improve conversion — and now have the opportunity to do the same with product insurance. Cover Genius Co-founder Chris Bayley shares new data on why insurance at the right time in the checkout flow can improve a retailer’s chances of making a sale. |
| | KLW Commentary | | Who Will Win The Restaurant Delivery Race? Grubhub stock sank when it denied rumors that it was for sale â and started a whole new conversation about delivery aggregator economics and whoâs positioned to win. Karen Webster said that last decadeâs retail transformation holds some clues, as does a close examination of where aggregators pull in their profits, not just their sales. And how new players and platform dynamics could make it even harder for profit-challenged aggregators to survive. |
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