January 20, 2017
Windsor Circle Boosts E-Retail Retention, ROI
As retail pushes further into online spaces, many marketers and merchants alike are focused on clicks and open rates to measure the success of campaigns and consumer outreach, said Matt...
January 20, 2017
Living (Dangerously) In The Land Of The Mag Stripe
The years may change, but one thing in financial services remain the same: the threat of fraud. John Buzzard, fraud executive expert of CO-OP Financial Services, joined Karen Webster to...
January 19, 2017
Tech Center: Microsoft In Montreal, Puerto Rico’s Entrepreneurism
Another week, another tech center making headlines for pushing the envelope on tech innovation. In this week’s Tech Center tracker, we round up the latest tech news happening around the...
January 19, 2017
Big Data, For Big Supply Chain (And Payments) Improvement
Insight into business process is necessary, constantly so, and often fallible. Better data and better analytics can help firms manage their daily flow of activity, supply chain and, by extension, cash,...
January 19, 2017
Can Data Give Small Banks An Edge Over The Big...
Can new data tools level the banking playing field? For the January Digital Banking Tracker™, PYMNTS spoke with Adam Anderson, CTO of digital bank enabler Q2, about the role that...
January 17, 2017
AI Fraud Solution Startup Fraugster Raises $5M
German and Israeli anti-fraud technology startup Fraugster is working to make fraud detection smarter. The startup recently raised $5 million in a venture funding round led by international venture capital...
January 17, 2017
Is The Phone Number The New SSN?
For millennials — who are adulting differently and who lack troves of creditworthy data to their name — identity verification can be a challenge. Johnny Ayers, cofounder and SVP of...
January 16, 2017
Microsoft Buys AI Startup Maluuba To Democratize AI
Microsoft announced late last week it is acquiring Maluuba, a Montreal-based company that runs what Microsoft calls one of the world’s most impressive deep-learning research labs for natural language understanding....
January 13, 2017
Amazon To Create 100,000 US Jobs, Largely In New Fulfillment...
ECommerce giant Amazon announced Thursday (Jan. 12) it plans to create 100,000 full-time, full-benefit jobs in America during the course of the next year and a half. In a press release,...
With more than two-thirds of CFOs citing payment delays as a problem for their firms in the last six months, nine in 10 companies wish to expand their investment in AR automation to accelerate order processing, reduce invoicing errors and expedite payments. In the “Working Capital Tracker®,” a collaboration with Billtrust, PYMNTS Intelligence explains why the demand for AR automation is growing and what’s at stake for companies that opt out of this trend.
Although authorized party fraud accounts for only 37% of FIs’ fraud losses in dollars, these types of attacks are the most likely to impact customer satisfaction and retention — something FIs cannot overlook. PYMNTS Intelligence’s latest 29-page report, “Leveraging AI and ML to Thwart Scammers,” a collaboration with Hawk, contains 8 charts of proprietary data examining the role of ML and AI to help keep fraudsters from getting the upper hand