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While working at a tech company, Kush Kella, who is now CEO and co-founder of Vartana, was exposed to the market of hardware and software financing. He found out that its an established, old market with many banks playing in the space <a href=https://www.stanley-cups.ro>stanley cup</a> and offering traditional products.In that market, theres a lot of emailing back and forth to get approvals on a certain transaction, a lot of offline communication and a lot of exchanging of copies of voided checks to set up automated clearing house ACH payments. That was my aha moment because that industry has lagged 10 or 20 years behind the consumer industry, Kella told PYMNTS. If you look at the processes there, there is no online application for the most part, and the online application is just a lead-gen. Providing Financing for Business-Critical PurchasesWhat he and Ahmed Sharif started in 2020 is Vartana, a provider of managed checkout and buy now, pay later BNPL options for B2B transactions. In January, the company announced its launch with $57 million in seed funding.Theres a need for BNPL in B2B, Kella said. Unlike consumers who may use BNPL to buy a pair of jeans, businesses are looking to buy poten <a href=https://www.cup-stanley.fr>stanley quencher</a> tially expensive technology thats critical to their bottom lines.For example, a company that hires 20 employees may not be able to afford to buy 20 laptops. That company would raise a line of credit, get a loan, and then go back to the market and shop for laptops. So inconvenient, Kella said. If the <a href=https://www.cup-stanley.fr>stanley cup</a> seller of those laptops or Sales Rfxx Contactless Payments Set To Explode In US
http://pymnts/wp-content/uploads/2015/05/CA-Digital-Payments-Podcast.mp3Just as issuers are migrating to the EMV environment, fraud is also on the move 鈥?going from offline to online. And since online is where more and consumers conduct their transactions, using more devices to do so, the fight to keep them safe isnt going to get any easier. But there may be an answer to be found in the very fact that consumer <a href=https://www.stanleycup.fr>stanley quencher</a> behavior is changing. MPD CEO Karen Webster recently spoke with Nick Craig, VP of Sales for Digital Payments at CA Technologies, about the assets that customer behavior can provide in helping to protect them against increasingly complex fraudulent activity.KW: Its June; theres a shrinking window to the transition to EMV here in the U.S. What Id love to talk to you about is your experience in helping issuers migrate to this new <a href=https://www.stanley-cup.us>stanley cup</a> environment.Lets talk about fraud. I think we all certainly expect that with this migra <a href=https://www.cup-stanley-cup.pl>stanley termosy</a> tion, offline fraud will decline, but we also know that online fraud is likely to spike.Id love to hear about your experiences, as youve done this with other issuers around the world. What can we expect in the U.S. 鈥?and, more importantly, what can we do about it NC: I think its well understood that EMV can have a significant impact on card fraud 鈥?certainly on card-present fraud. But in the case of online fraud, that could be the reverse; in fact, thats what a lot of our experience suggests. EMV is a step in the right direction, but its not something thats goin
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