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EU Bankers Weigh Risks, Rewards of CBDC – and Cash’s Staying Power

PYMNTS

To that end, Bloomberg reported at least some financial regulators from the European Union say there need to be strict controls governing central bank digital currencies in place — and Libra (among other private efforts) may present a threat to financial stability.

Boston 227
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Mastercard’s Threat Scan Helps Banks Detect Vulnerabilities

PYMNTS

As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. Threat scan intuitively mimic fraudulent behavior and can be used in conjunction with tools already in place.

Boston 177
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Early Days: AI Shows Promise And Limitations For Retailers

PYMNTS

But the present and future of AI in retail is much richer. Suppose a regional fashion retailer with an eCommerce presence has 100,000 customers in its data base. Not so fast. At one level it’s just that easy. Retailers can engage with an “AI lite” strategy that produces lookalike customer data and a level of predictive analytics.

Retail 203
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Super-Sizing Commerce For The Super Bowl

PYMNTS

Super Bowl LI is less than 24 hours away from kicking off and deciding once and for all which city is better — Atlanta or Boston (though obviously it’s Boston — since the global headquarters for PYMNTS.com is located here). All of those viewers present a massive commerce opportunity and a chance for payments to really shine.

Boston 100
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Super-Sizing Commerce For The Super Bowl

PYMNTS

Super Bowl LI is less than 24 hours away from kicking off and deciding once and for all which city is better — Atlanta or Boston (though obviously it’s Boston — since the global headquarters for PYMNTS.com is located here). All of those viewers present a massive commerce opportunity and a chance for payments to really shine.

Boston 100
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Helping Homeowners Access Home Equity Without Debt

PYMNTS

Alleviating The Pressures Of The Present . Unsurprisingly at present, he noted, people are looking around at their homes and realizing they need to invest in improving it and getting it up to the task of its current roster of duties. . .”

Las Vegas 255
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Function Over Flash

Independent Banker

In a Federal Reserve Bank of Boston survey of mobile banking and payment services released in August, roughly three-fourths of about 600 community banks and credit unions in five Federal Reserve districts that were polled were offering some kind of mobile service. Bill presentment. Mobile person-to-person funds transfer.