Warren would put bank merchants on notice, Grab launches GrabPay card, Chipotle on a decade of mobile order innovation

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December 5, 2019

Innovating Order To Cash Playbook™

Curing The $2.4T Manufacturing Sector’s Cash Flow Crunch

Trade tensions with China have helped push the U.S. manufacturing sector into a “technical recession,” according to the Fed. That means the pressure is on for manufacturers to keep tighter tabs on cash — and across a vast network of partners. The new Innovating Order To Cash Playbook highlights how dynamic order-to-cash (O2C) solutions can help manufacturers manage cash by managing payment flows from receipt of an order to the time invoices are paid.

 

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Cybersecurity

Deepfakes' Next Stop: Banking

From fake Schwarzenegger to fake Kardashian to maybe … you, deepfakes are proliferating, and it’s just a matter of time before fraudsters start using the lifelike videos to bypass company and bank identity verification and authentication. Reinhard Hochrieser, VP of product management at Jumio, tells PYMNTS that the best way to fight the bad guys, armed with deepfakes and AI, is to wage the battle with … AI. Here’s the authentic take.

 

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Virtual Cards

How Virtual Cards Can Live Up To Their Faster Payments Promise

Commercial cards’ push into the B2B payments space came with a valuable overture for suppliers: faster payments. Unfortunately, this hasn’t always been delivered to vendors as promised — so now, suppliers need convincing. Boost Payment Solutions Founder and CEO Dean Leavitt tells Karen Webster about the commercial card industry's next steps in the journey of getting buyers and suppliers on board.

 

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Cryptocurrency

Do Tencent, Alipay Have A Place In China’s Digital Currency Ecosystem?

China is getting closer to rolling out a digital currency. At the same time, authorities are cracking down on exchanges, which could have a chilling effect on bitcoin and other cryptos. In essence, with the efforts of the central bank, the country’s banks themselves, and even digital wallet players like Tencent and Alipay, China is creating a digital currency ecosystem all its own. Here’s how.

 

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Order To Eat Tracker™

Inside Chipotle’s Decade Of Digital-First Ordering Innovation

Fast-casual chain Chipotle Mexican Grill became one of the first major restaurant brands to pioneer the mobile ordering experience in 2008. Since then, it’s invested in AI-powered ordering, as well as voice-ordering via Amazon Alexa, and forged third-party delivery partnerships. In the new Order To Eat Tracker, Chipotle’s VP of Digital Strategy and Product Nicole West explains the thinking behind the chain’s digital innovations, directed at both the front- and back-of-house operations.

 

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