🕰️ Don't let that extra hour go to waste this weekend! Read Karen Webster's recap of her week in payments, where she highlights the top insights and data that she witnessed firsthand.
What to do with your extra hour this weekend. This weekend in the U.S. we turn the clocks back which means we all get an extra hour to fill. YES! If you need some suggestions for how to fill it, here are a few interesting conversations and data highlights that could also help jump start the first week of November on the right (and well rested) foot. 😊 Boo! It’s the day after Halloween, but the best way to scare the fraudsters and scammers away is to use AI tech to catch and stop them and educate consumers about their evil tricks and traps. Featurespace’s David Excell told me what banks are doing to make sure customers affected by natural disasters aren’t preyed on by scammers: https://lnkd.in/e8bVUDbY Open up your eBooks. 11 financial services leaders share their vision for 2025 in PYMNTS’ The New Value Equation: https://lnkd.in/e7shvDHX Deposits. Banks want more of them. And payouts represent a new opportunity to turn them into an account that can become the basis of new and profitable ecosystems. That’s the thesis of my conversation with KeyBank EVP Jon Briggs and Ingo Payments CEO Drew Edwards. Definitely not a waste of time. One of the most fun conversations was with TruckPay CEO Barry Honig who talked a little trash with me about how cash is no longer king at dumps and recycling centers. Aside from some of the best puns ever, he and I talked about the vertical integration of hardware at weighing stations and digital payments, including new virtual accounts for those who always lived in the cash economy: https://lnkd.in/egMhpV73 A complex ecosystem and highly regulated. No, not payments but healthcare and an industry where CFOs and Treasurers over-indexed on their use of working capital solutions over the last year. Visa Commercial Solutions Head of Working Capital Solutioning, Lauren Hewings, explains why, how, and the appeal of virtual cards for this sector. https://lnkd.in/eViHs4YC It’s all about acceptance. Speaking of virtual cards, Abhishek Abhishek and I riff on the ROI calculus of working capital solutions and why more CFOs and Treasurers like the math when they accept virtual cards: https://lnkd.in/enwUxPft A tale of two generations and their credit cards. Boomers have lots of cards and money to spend. Their grandkids don’t have much of either, at least not right now. But the differences in their credit use and interest in credit options is more than meets the eye: https://lnkd.in/eMfa7QDK