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Bankers On Fixing B2B Payments API Flaws

PYMNTS

Corporate payment cards are a common pain point in the world of B2B payments, with oversight employees forced to conduct tedious checks to ensure employees are not misusing them. For more on these and other B2B API news items, download this month’s Tracker. Developments From Around The World Of B2B APIs.

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India Aims To Get Rid Of Plastic Money By 2020

PYMNTS

According to a report by The Wall Street Journal , Amitabh Kant, CEO of NITI Aayog, said over the weekend that India was in the process of a “huge disruption” in financial technology and innovation that will lead to citizens moving away from plastic money to mobile payments. “By

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TD Bank App Curbs Consumer Spending

PYMNTS

million mobile banking customers in Canada have downloaded the TD MySpend app since April, Khalfan said. About 30 percent of those who did download the app went on to use it — and clocked monthly savings in the 4 percent to 8 percent range. TD MySpend combines spending from different deposit and credit card accounts only at TD Bank.

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Why Digital Marketplaces Must Anticipate Shoppers’ Needs

PYMNTS

Indonesian ride-hailing and online payment company GO-JEK , for instance, is expanding its financial technology services through partnerships with peer-to-peer (P2P) lending firms Dana Cita, Aktivaku and Findaya. billion – of funds were lost to card fraud in 2018, up from $1.4 Just under $3 billion – or $2.7 billion in 2017.

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Beyond Mobile Banking, Giving (Alexa’s) Voice to Financial Lives, Naturally

PYMNTS

Ideally, those actions should run the gamut of transactions and financial services, across payments and cards. In an interview with PYMNTS, Domach said that “we are very early in the journey with voice technology, especially when it comes to final financial technology.”. You can say yes or no.”.

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Where Are Bankers Targeting IT Investments? William Mills Agency’s Bankers as Buyers 2017 Report Now Available

William Mills

Key trends in this year’s report include the continued evolution of payments technology, increased adoption of self-service and innovative branch automation technology, and further enhancements to mobile banking – all converging as part of an overlying strategy to improve the customer experience. Download the full report here.

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Sinemia Tries To Pick Up MoviePass’ Slack

PYMNTS

“This is a financial technology business.”. A consumer who wants to use Sinemia downloads the company’s mobile app and buys a subscription package. The consumer then selects online the particular movie and showtime they want and gains entry to the theater by showing the ticket on their phone without any use of a physical card.