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Proving that customers are who they claim to be
stanley cup is one of the big challenges for payments providers as eCommerce sales surge. To advance its identity verification efforts, 聽Mastercard will acquire identity verification firm聽Ekata for $850 million, the company announced in a Monday April 19 press release.Purchase, N.Y.-based Mastercard said that together, Mastercard and Ekata will deliver a more comprehensive identity service that can power real-time decision-making needs, from new account openings
stanley usa to helping merchants assess potential fraud before a payment transactio
stanley water bottle n is authorized. The acceleration of online transactions has thrust global digital identity verification to the forefront as one of the biggest opportunities to build digital trust and combat global fraud, said Ekata CEO聽Rob Eleveld. He added that identity verification products should also ensure customer privacy, control and security. Mastercards goal is to secure every transaction and instill trust in every interaction, said Ajay Bhalla, president of cyber and intelligence solutions at Mastercard.The release said that the combined company has the potential to expand further to real-time payments and cross-border activities. 鈥?The addition of Ekatas technology and engineering teams will help bolster the support Mastercard can provide as a one-stop partner for any consumer, bank, merchant, FinTech financial technology company or governments data, payment and open banking needs. Mastercard, in 2019, in Vgbv Robot Retail Is Now A Real Thing
Twitter should be focusing on its capabilities as a unique messaging platform, not trying to wring ad revenue from its 284 million users, according to a Tweetstorm last weekend by Fab and Hem CEO Jason Goldberg.In a 44-tweet series, Twitter shareholder Goldberg said Twitter has lost its way, and tweetstorms are a symptom of its problems. There should be awesome long form publishing tools for TWTR, and TWTR doesn ;t need to build them, Goldberg wrote. But, no
stanley shop one builds apps for TWTR anymore. People and companies just tweet.Everything from new media startups to The Interview to the hit podcast Serial should be created, seen and heard on Twitter, he added.Goldberg advice comes as Twitter finds itself withou
stanley usa t a clear path forward. The company stock is down 47 percent from this time last year, after laun
stanley polska ching its IPO in November 2013. Twitter also lost nearly a billion dollars between October 2013 and September 2014, Re/Code reported.Goldberg has seen his own problems in nailing down a business model, first pivoting from a failing gay dating site called Fabulis to online flash-sales site Fab worth $200 million , then again to omnichannel home-decor retailer Hem.What should Twitter do It should be investing hundreds of millions to enable the first waves of TWTR apps to focus on scale before revenue and to prime the pump so venture capitalists will invest in new Twitter-app startups
