Podcasts
- Consumers struggle with one-time payments, frequently forgetting to pay their bills on time.
- Banks, billers, and payers can find success when simple texts are used as reminders and onboarding to payment flows.
Zachary Miller | November 29, 2023
Keeping the bad guys out,
Partner
- Bad actors are continuing to improve their technology and tactics to commit financial fraud.
- FIs can use Know Your Business (KYB) compliance as a competitive advantage if they're willing to invest in business verification data.
Enigma | November 29, 2023
Banking,
Keeping the bad guys out
- An integral part of a bank's KYC and AML work is focused on ensuring that Politically Exposed Persons (PEPs) cannot abuse the bank’s services for their own gain. Things slip through, though.
- But oversight overeagerness on the part of FIs can create issues for those associated to PEPs as well as prevent the FI from focusing on genuine detection.
Rabab Ahsan | November 28, 2023
Partner
- The shift towards digital currency adoption led to the the recent launch of PayPal USD, or “PYUSD,” marking a seminal moment in the finance industry’s evolution.
- On December 6th, executives from PayPal and Paxos will discuss the rise of stablecoins, the growth of PayPal USD, and the future of money.
Paxos | November 28, 2023
Payments
- In catering to pressing enterprise needs, ad hoc payments may complicate companies' routine invoicing and payroll processes, introducing interruptions.
- However, a spike in senders embracing instant payments in ad hoc transactions indicates that a shift toward speedier and more responsive payments is likely underway.
Sara Khairi | November 27, 2023
