Cents Chat

We are excited to bring you season two of Cents chat and this year is going to be a wild ride! We have more guest speakers than ever before and will be recording episodes live from payments conferences around the United States to give you Realtime information on the latest and greatest payments solutions and technologies. Todays episode is jam packed with three guest speakers two that are experts in lending from the Online Lenders Alliance and one from our friends over at Integrity Payments. Tune in to see what is to come at the Lending conference Lend 360 in Chicago next week!

With big data comes big power and big innovation, so how will Visa use this to make the payments eco-system more stable?With CNP transactions on the rise due to the global pandemic, what can FI's leverage to drop the estimated $1BB in estimated chargeback losses in just 1 year?What is Square Inc. deploying in order to get employees and employers on the same page when it comes to real-time payroll?

CFPB was deemed useless, and financial enforcement is down 80% from 2015, but California thinks they have the cure.What Nigerian hacker ring claimed the unemployment benefits of thousands of Americans, and how do we protect ourselves when the government can't even protect itself?COVID has crushed e-commerce authorization rates, is EMV 3DS the answer?

With online retail doubling in volume from last year you need to know the new ways to keep your data secure.Apple makes it easier to say goodbye to your traditional terminal. Change is here.How has Wirecard gotten away with fraud for so many years? And what do we need to do to make sure there isn’t another debacle like wirecard.

Are paper checks past their prime? And what keeps consumers from completely dropping them?Public transportation is down 90% in some cities, but how can we make it safer, and more efficient during, and following Covid-19?Financial Institution Imposter Issues continue to skyrocket amidst the global pandemic, but what model hasn’t been greatly affected?

Wirecard received the green light to resume its banking operations but what is new with Wirecard since Ex-CEO was arrested earlier last week?What is open banking? And why standards are critical for innovation.Say goodbye to Uber financial leader, who has stepped down due to Uber CEO putting a halt on their financial services projects.

Former WireCard CEO was arrested for over missing $2.1 Billion, how did it happen?Will we finally see one of the only cash only industries shift to contactless payments? And what does this mean for hungry FinTechs?The Fed kicked off their FedNow community, and we have the insights.

The FBI is warning consumers to be safe when using mobile banking platforms due to fake sites with malicious intent.Why are Square and other processors holding excessive funds for from their merchants, and why will we see this trend continue?Why are Visa's new interchange programs up 85 basis points, and how TPPP's can prevent the downgrading of transactions?

As Fintech’s and FI’s partner up why does security play a crucial role in gaining a banks trust?You’re a merchant that is being asked to fund the reserve accounts, but what do you do if you don’t have the capital to do that?We get insight from our Expert guest Sesie Bonsi, with Bleu, on our future in contactless payments.

In a post-Covid society will we see FI's partner up with competing FinTechs? Contactless shopping habits will form due to Covid-19, and what does this mean for merchants? What should payment processors be screening in the search for scammy merchants?

Due to Covid-19 many consumers have fled to online marketplaces, so how do you manage fraud in a Post-Covid online world? Frontline workers can no longer wait two to four weeks for their pay period, so what are ISVs doing to help meet the needs of everyday employees?Our expert guest Jim Battista, Founder of MAPP Advisors, gives us insight on how portfolio optimization is more critical now than ever.

How can the FedNow service develop technology for seamless nationwide realtime payments?Why is First Data involved in another FTC settlement costing them $40.2 Million, and who is to blame?As the world transforms after the corona virus, and open banking and APIs expand, how do you build for success?

The card networks have rules for continuity billing, and it's up to the supply chain to make sure merchants are following these rules.Newly emerged challenges of shifting consumer behavior are causing Financial Institutions to rethink how they determine fraud, But when is unusual consumer behavior not unusual?Join us and our industry experts from Khipu Technologies in part two of CBD Compliance Chaos, The Khipu Solution.

Why do ISV’s play a critical role in the new virtual commerce landscape?ISV’s need payments partners, but what attributes are essential when looking for these partners?We let our experts from Khipu Technologies inform us on the most ambiguous laws and restrictions in our two-part CBD Compliance Chaos.

Automated underwriting not only makes ISVs happy, its safer for the acquiring supply chain.How did PAAY, an E-Commerce fraud protection tool, leave 2.5 million transactions exposed on their server?Why is a swift digital onboarding experience a necessity for competing banks, and can having access to more data be the answer?

Is Zoom to blame for over 500k username/password combinations being hacked and sold on the dark web?ISVs have increasingly recognized that they can embrace payments to increase their revenues, but why shouldn’t they do it themselves?DoorDash, GrubHub, Uber Eats and Postmates accused of charging exorbitant fees, using monopoly power, and charging up to 40% of the sale price.

As remote work is on the rise and companies respond to the threat of COVID-19, why do companies leave critical business functions out of their continuity and disaster recovery plans? Banking technology FinTech Finastra was forced to shutter key systems and send employees home Friday March 20th, after a security breach of unknown origin. With a fast spreading virus like covid-19 people are slowly moving away from anything that is potentially contaminated, including paper checks and Cards, and moving to touch-free options.