DIGITAL PAYMENTS
Future of Banking : 2030 | Santander | FT Partner Content
“ FINTECH IS ENABLING A WORLD OF EMBEDDED FINANCE WITH INNOVATIVE WAYS FOR SMES TO FUND THEIR BUSINESS AND SCALE ”
TAYO OVIOSU FOUNDER AND CEO AT PAGA
in more countries , allowing payouts in local currency and removing excessive FX fees , helping marketplaces settle with their sellers in a timely manner , and removing barriers to entry — which can be as simple as supporting alternative ways to payout a seller ."
Identifying bad actors The retail world is also seeing the use of new technology to identify people who break the law . This category includes using better identity authentication , credit scoring tools , and improved fraud detection solutions to help businesses improve their bottom line by reducing financial losses associated with electronic payments and transactions .
Real-time decisioning , according to Liron Damri , may help reduce return abuse . He said , " If you can identify bad actors or repeat abusers , you can adjust policies in the moment . For example , a person who has frequently used an ' item not received ' excuse must sign for delivery . A repeat returner
96 February 2022