Seven in 10 COOs agree that AI is key to strategic planning, yet GenAI is often limited to routine tasks. What does this mean for optimizing efficiency? PYMNTS Intelligence’s latest CAIO report details AI’s potential for COOs and its impact on ROI. https://lnkd.in/eC_AFhft
PYMNTS
Online Audio and Video Media
Boston, Massachusetts 96,486 followers
What's next in payments & commerce.
About us
PYMNTS.com is where the best minds and the best content meet on the web to learn about “What’s Next” in payments and commerce. Our interactive platform is reinventing the way in which companies in payments share relevant information about the initiatives that shape the future of this dynamic sector and make news. Our data and analytics team includes economists, data scientists and industry analysts who work with companies to measure and quantify the innovation that is at the cutting edge of this new world.
- Website
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http://www.pymnts.com
External link for PYMNTS
- Industry
- Online Audio and Video Media
- Company size
- 51-200 employees
- Headquarters
- Boston, Massachusetts
- Type
- Privately Held
- Founded
- 2009
- Specialties
- acquirers, banking, checking, compliance, e-commerce, EMV, financial services regulation, ignition strategies, issuers, m-commerce, merchant services, mobile, NFC, P2P, payments, and social networking
Locations
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Primary
111 Devonshire Street
Boston, Massachusetts 02109, US
Employees at PYMNTS
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John Gaffney
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Geoff Millikan
Payments. Big Data. Telecommunications.
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Margot Suydam
Content Developer and Editorial Manager: Writing/Editing/Research at MTS Editorial Services
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Stephen Strauss
B2B Marketer (ex-PayPal, Amex, Sezzle) with extensive experience in Sales Enablement, Commercial Sales, Demand Generation, and GTM Strategy.
Updates
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Karen Webster highlights the most interesting things she heard firsthand this week, both through her own conversations with the top innovators in payments, and from original PYMNTS Intelligence data. Give her post a read below.
From comparing the AT&T call log hack to the game of Clue, to offering a new twist on checkout that skips it entirely, to unpacking with conviction the power of embedded finance on moving commerce between businesses online, and debating luxury retail à la Amazon, it’s been another thought-provoking week of conversations with industry experts. (Along with some new PYMNTS Intelligence nuggets in case you missed them.) Highlights — in no particular order — and my thanks to everyone who took the time from their busy schedules to share their views. 1. “The whole wallet thing has been going on for a while, and it’s time for something new” – Skipify's new COO Sam Shrauger tells me that new thing is using a consumer's email address as an identity proxy to check out with a merchant: https://lnkd.in/evqkEQ4y 2. It turns out COO’s use of GenAI is quite basic. PYMNTS Intelligence’s latest 2024 CAIO report examines why, and where COOs need more assurance that GenAI can help, and not hurt: https://lnkd.in/eckBT4Rj 3. If you really want to know what’s in store with luxury retail between now and the end of the year, then you need to see this w/ JOOR CEO Kristin Savilia: https://lnkd.in/gUcJQCtk 4. Fiserv's Sunil Sachdev tells me why embedded finance now represents the fast-growing segment of many successful brands' revenues: https://lnkd.in/gZrfY9CB 5. Gen Z moving away from home are also taking up residence in the paycheck-to-paycheck lifestyle. What that means to anyone who wants to bank them or sell to them. https://lnkd.in/eehdjPjh 6. Featurespace’s David Excell explains how Gen AI, greater collaboration and data sharing help FIs stay ahead of increasingly sophisticated fraudsters: https://lnkd.in/emk5cemY 7. Visa's Alan Koenigsberg tells me What's Next for embedded finance is also What's Next for B2B payments: https://lnkd.in/euMU8Ttz 8. FedNow: a year in review w/ Ingo Payments CEO Drew Edwards: https://lnkd.in/eqjpHjq5 9. Intellicheck's Bryan Lewis explains how the fraudsters behind AT&T's data breach are a lot like playing Clue with your data and your networks. https://lnkd.in/edBzWgCr
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Telehealth is a digital healthcare innovation facing challenges, but Steve Sterling, Managing Director for the Americas at Holoconnects, remains optimistic. https://lnkd.in/eWsX4bH7
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Meg K Garand, head of CashPro Payments and CashPro API at Bank of America Business, explains how bank and FinTech partnerships fast track corporate finance innovation and improve access to working capital solutions. https://lnkd.in/eE83uJ4p
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In its first year, FedNow has seen limited adoption, with few onramps and offramps. Ingo Payments CEO Drew Edwards and Karen Webster discussed how FedNow has boosted instant payments and what’s needed to increase its momentum. https://lnkd.in/eFXZyYkp
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CrowdStrike CEO updates solutions to global Microsoft outage. Click here for the details: https://lnkd.in/eabrAFU3 #crowdstrike #Microsoft
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What’s missing at many restaurants? Contactless or mobile payments. Despite their convenience, many establishments still don't offer these options. The latest B2B and Digital Payments Tracker® with American Express examines the impact on diner loyalty. https://lnkd.in/eGm95npB
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Fraudsters' motives in recent data breaches are like the game of Clue, says Intellicheck CEO Bryan Lewis. https://lnkd.in/eXgfcsSN
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The latest PYMNTS Intelligence report “How the World Does Digital” shows Japan at a digital crossroads. Despite pioneering 5G technology and having a vibrant mobile culture, Japan surprisingly exhibits low digital engagement. https://lnkd.in/evwYKm9a
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Platforms led the way this past week, with the FinTech IPO Index surging 3.8%. Lemonade and Katapult saw double-digit gains, driven by international expansion and new partnerships. Earnings season has yet to impact the index. https://lnkd.in/eJp8sWEZ
FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion
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