| Visa talks AIâs global impact, CFPB to review Fedâs overdraft rule, Facebook may face 20-year government oversight | | | Visa Talks AIâs Global Impact AIâs reality is far from the futuristic fantasies of, say, Minority Report. However, as Mark Jamison, Visaâs global head of innovation and design, tells Karen Webster, a number of promising use cases are blossoming across verticals and the globe. He offers a whirlwind tour of AIâs hotspots â and where the next great frontiers may lie. |
| Biz Travel Spend Management |
| Whatâs Wrong With Business Travel Expense Management Managing business travel expenses is backward. An employee charges expenses to a card, then management reviews the spend after itâs happened and itâs reimbursement time. The future of business travel payments, PEX CEO Toffer Grant tells PYMNTS, is making that process happen in reverse, using tech and payment tools that help manage spend. Hereâs the travel payments plan. |
| Offloading Cyber Defense Amid Tech's Great Unknowns Cyber insurance firm Coalition just raised $40 million to boost staff, and launch a data platform that helps analyze and underwrite cyber risk. CEO Joshua Motta tells PYMNTS that insurance can help SMBs eliminate the costs of breaches â but helping clients fix vulnerabilities, while protecting them from breaches, can help shore up defenses in a world where what isnât known can, in fact, hurt. |
| | The Trade Credit Dilemma Report™ | | Trade Creditâs $3.1T Squeeze On US Businesses When it comes to paying for goods or services, businesses have a long-standing tradition of buying now and paying later. On any given day, the net amount firms owe to those businesses comes to a staggering $3.1 trillion. The Trade Credit Dilemma Report, the product of an extensive PYMNTS survey of more than 1,000 firms, reveals that trade credit is far from an innocuous tradition. In fact, it imposes a severe strain on U.S. businesses â in particular, SMBs. Hereâs how. |
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