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Today In Payments: Cybersecurity Firm FireEye Hacked By Nation-State; PayPal’s iZettle Intros QR Codes At POS In UK

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PayPal has introduced QR code payments in iZettle’s point-of-sale app to advance secure, contactless transactions in the U.K. NEW REPORT: The Banks’ How To Guide To Using AI To Manage Credit Risk. Banks have long turned to a familiar set of tools for managing credit risk — late fees and other penalties. businesses.

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The Diamond Industry Polishes Its B2B eCommerce Strategy

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The process of B2B procurement between diamond vendors and jewelry retailers is often stuck on legacy processes like phone calls, emails and paper check payments, creating the same kinds of bottlenecks and inefficiencies that plague other markets. Retailers want to have their customers visualize a product before they make a purchase.

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What Smart, Conversational AI Adds To Credit Scoring

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Traditional credit-scoring models are just drawing criticism, as well as a generation of competitors like Aire , which offer alternative credit-scoring models advertised as better-able to offer a “three-dimensional” view of customers in real time. The problem was he had no credit history.

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Brighterion On Unlocking The Full Potential Of AI’s Present And … Future For FIs

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And that AI’s potential, wherever it is applied, is going beyond the constraints of the systems and tools of the past — to a future that manages to both have fewer risks and create less friction for the consumer. But when talking about risk and risk management in the payments game, Webster and Jha noted, the picture is actually a lot wider.

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OCC Defines Top Threats To Banks This Season

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Treasury’s Office of the Comptroller of the Currency found that underwriting standards have eased thanks to an increased appetite for credit risk, increased competition and an overall perception of improved economic circumstances. Cyber threats are increasing in speed and sophistication,” the OCC stated.

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B2B eCommerce Tips The VC Scales

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India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. MaxAB targets informal food and grocery retailers and suppliers, connecting them on a digital platform to conduct trade.

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Can FinTech Walk The FinTalk?

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trillion; on security-related hardware, software and services at 10 percent a year from a 2018 base of $91.4 They’re also using software and cryptographic techniques and permissioned-based networks to digitize and move assets around the world faster and in a secure, compliant manner. Most of that spend will be concentrated in the U.S.,

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