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Blank Checks And PO Manipulation Cost Businesses Millions

PYMNTS

Invoice and purchase order manipulation, company credit card abuse and fraudulent use of company checks all surface as cautionary tales for corporates’ internal financial processes. The scam reportedly allowed the former executive to use Coca-Cola money to pay for personal purchases like gift cards and luxury goods.

Fraud 101
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DoorDash, Airbnb IPOs; BNPL Trends; Pet Fraud Top This Week's News

PYMNTS

In this week's news, we saw two blockbuster IPOs, arguments and stalemates over a new stimulus bill, and new data on consumers' digital shopping trends. Capital One Halts BNPL Transactions On Its Credit Cards. Online lending startup Social Finance (SoFi) is in talks to go public through a sale to blank-check acquisition company.

Trends 175
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New Year, New Mergers Sizzle For Payments Companies

PYMNTS

It’s too early into the new year to definitively call a trend. The move pushes Visa ever further away from cards and toward its goal of becoming, as management has often described it, a “network of networks.”. Separately, in a deal tied to a “blank check” company, Far Point said it had struck a $2.6 Retail sales were up 3.6

Company 132
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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. This year in the US, JP Morgan launched mobile banking app Finn and Goldman Sachs’ retail banking arm Marcus crossed 1.5M Incumbents Play Catch-Up.

Retail 78
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Payments’ Half-Year Progress Report

PYMNTS

At the start of the year, I wrote a piece that outlined six trends that I suggested would set the agenda for payments innovation and commerce reinvention in 2016. That, I suggested, would give everyone a blank slate to think cleverly and creatively about how to use software, apps and data to add value to the payments and commerce steam.

Report 119
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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

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What Everyone Missed About Facebook

PYMNTS

It’s also a core tenant that I outlined in my January 2018 annual opus on trends that will drive the payments and commerce ecosystem dynamics this year and in the years to come. And, increasingly, where do I buy [fill in the blank]? And, most important perhaps, what data is — or isn’t — needed to close the loop on that intent.

Google 121