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Visa’s Kevin Phalen: Making The Case For B2B Payments’ Innovation Progress

PYMNTS

Opaque payments moving sluggishly across borders and between banks. There is a mountain of friction in commercial payments today that seems to have held the industry back from the kind of rocket-pace innovation propelling retail and consumer payments into the future. Payment Rails Converging. Spreadsheets.

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Embedded finance’s new frontiers: insurance, health care

Bank Innovation

Embedded finance, or the concept of payments and banking being appended to other consumer use cases, is quickly evolving beyond retail and e-commerce, industry executives said at the Bank Innovation Ignite forum in Seattle this week.

Seattle 273
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How Scotiabank Manages Fraud Protection For A Data-Driven Future

PYMNTS

They must completely understand the problems they intend to solve before implementing AI and other automated tools, according to Rania Llewellyn, executive vice president of global business payments at Scotiabank. She recently spoke to PYMNTS about how Scotiabank has revamped its fraud strategy in recent years. “I

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Embedded finance’s new frontiers: insurance, health care

Bank Innovation

SEATTLE — Embedded finance, or the concept of payments and banking being appended to other consumer use cases, is quickly evolving beyond retail and e-commerce, industry executives said at the Bank Innovation Ignite forum in Seattle this week.

Seattle 195
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With IBM, Bank of China takes aim at super apps

Bank Innovation

The advent of social payment platforms like Alipay and WeChat are causing ripple effects within China’s banking sector. In September, Bank of China launched an innovation lab through a contract with IBM to fend off competition from these platforms, which function as hubs for e-commerce, banking and social media.

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Weekly Wrap: Zelle pushes into business payments and banks adopt fusion centers

BankInovation

“Not only we, at Wells Fargo, but Early Warning and its network banks have seen a significant increase in businesses using disbursements with Zelle,” said Michelle Ziolkowski, head of global payables in treasury management at Wells Fargo. Big banks, meanwhile, are adopting fusion centers to […].

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4 business challenges of COVID-19 and solutions to fight them  

Bank Innovation

The company, which provides guidance to senior management of financial institutions in the Americas, shed light on potential solutions to some of the business implications stemming from the COVID-19 outbreak in a white paper shared […].

America 259