PYMNTS-MonitorEdge-May-2024

Payments and The Platform Economy

How Younger Generations Impact Travel Marketplaces, Payments
How Younger Generations Impact Travel Marketplaces, Payments
December 13, 2019  |  Payments Innovation

Travel was the original impetus behind the sharing economy, with platforms like Airbnb opening up private houses for vacation rentals and Uber catering to those...

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Fraud Control, Business Travel, Staying Competitive In The Sharing Economy
Fraud Control, Business Travel, Staying Competitive In The Sharing Economy
November 22, 2019  |  Security & Fraud

In the $37 billion homesharing market, fraudsters are increasingly exploiting the speed and convenience that platforms promise. As Airbnb recently learned (in a big way),...

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Online Marketplaces And The $1.8T Counterfeit Problem
Online Marketplaces And The $1.8T Counterfeit Problem
September 19, 2019  |  Payments Innovation

Fraudsters sold counterfeit products worth $323 billion last year, and are projected to make off with $1.8T by 2020. Kimberly Gianopoulos, director at the U.S....

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Why The GAO Thinks PSPS Can Help Fix The Marketplace Counterfeit Problem
Why The GAO Thinks PSPS Can Help Fix The Marketplace Counterfeit Problem
September 18, 2019  |  Payments Innovation

Online marketplaces need to meet higher standards if they want to keep customers from the competition. For third-party marketplaces, that means supporting transactions in local...

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AI-Powered Visual Shopping Experiences For Millennials, Gen Z
AI-Powered Visual Shopping Experiences For Millennials, Gen Z
August 26, 2019  |  Payments Innovation

Sixty percent of millennials like using visual searches when shopping online marketplaces. Meeting that "look, buy, have" way of shopping means using AI to optimize...

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Why Hostelz.com Stopped Accepting Payments
Why Hostelz.com Stopped Accepting Payments
April 29, 2019  |  Payments Innovation

The hostel industry has rapidly grown since the first one opened in Altena, Germany in 1912. The market now serves millions of international travelers and...

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