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PAAY Rolls Out Partner Platform To Complement EMV 3DS Technology

PYMNTS

PAAY said its EMV 3DS offering lets merchants decrease chargeback costs, bolster authorization rates and maintain compliance as they provide an easy as well as frictionless experience for users. In that instance, merchants have to contend with cart abandonment. seconds on average through EMV 3DS.

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Germany’s Home Startup Lands $12M To Expand Housing Rental App

PYMNTS

The company plans to use the financing for product innovation and market expansion. Axel Bard Bringéus, Deal Partner and investment advisor at EQT Ventures, said: “The real estate and housing market have barely changed over the last 30 years and the degree of digitization and innovation is, in comparison to other sectors, very low.

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Bitcoin: 10 Years Of Smoke And Mirrors

PYMNTS

The innovation touted 10 years ago, that has garnered billions of dollars of venture capital (VC) funding, hasn’t turned out to be the “internet of money” as advertised. In those pieces, I acknowledged bitcoin as an interesting, even fascinating, innovation. Innovation By Any Other Name. It isn’t because it won’t.

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The End Of Cross-Border Payments

PYMNTS

People are utilizing web and messaging platforms to connect in new and innovative ways, and as a result, many tasks that used to come with costs and friction can now be enjoyed freely and without complication. In China alone, there are over 500 million active users of P2P and social payments,” Allaire mentioned, “while, in the U.S.,

Payments 189
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New Toshiba Commerce System Offers Retailers ‘Amazon Go At Scale’

PYMNTS

The company said that while retailers often come up with innovations , “bringing these ideas to in-store trials, iterating them quickly and rolling them out at scale takes years. Enter Elera.

System 189
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CPG Companies Capitalize On Dramatic Digital Shift

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By way of comparison, spending at brick-and-mortar drugstores was down 5 percent and total trips across CPG outlets were down 3 percent compared to the year-ago period during the week ending Aug. Many CPG companies like Pepsi and Heinz have launched limited but innovative D2C programs.

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SMB Alt-Lending Gears Up For Another Industry Shakeup

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and other nations around the world as a result of the global pandemic continues to draw comparisons to the 2008 financial crisis — so it’s only natural that analysts may turn to the past in an effort to predict what could lie ahead. And it may be an opportunity for alt-lenders to once again initiate an innovation boom.

Lending 171