Multiple studies through the years have found that optimists typically have better outcomes than pessimists when it comes to physical health, longevity and overall satisfaction with life. Optimism also helps reduce stress and anxiety during periods of economic uncertainty, such as the time of this writing, when it appears the fate of our economy rests on whether the U.S. Congress will raise the debt ceiling to ensure the country does not go into default. Whatever happens, though, there is no doubt members of the payments community—a resilient, optimistic lot—will meet challenges that arise and find new opportunities to boot.
Knowing The Green Sheet Advisory Board consists of a number of the industry's strongest, proactive leaders, we asked them questions about navigating our economic boom and bust cycles, learning from the past, weathering difficult economic times, and communicating across deep divides. This issue's lead article contains the insights they shared with us.
In our Views and Education sections, payments experts offer further insights on such topics as dispensing with limiting beliefs to become more inclusive; making full use of training as a powerful resource contributing to the long-term success of companies and employees alike; technological advancements revolutionizing payments while also new fraud risks; and how to develop an omnichannel strategy, select the right technology partner, correctly implement solutions, and train staff on how to use them.
We've highlighted several stories from recent news coverage, as well: Visa will begin testing Visa+, a service designed to enable people to send money seamlessly across platforms without the need for personally identifiable information; Nexway is on the hook for $650,000, which is slated to be paid to U.S. consumers defrauded by off-shore tech support scammers that used Nexway to gain entry to the credit card networks; lenders have seen an uptick in SMB lending fraud, based on a survey of 147 bank, credit union, fintech lenders and payment processing risk managers; and some payments industry leaders suggested OpenAI will fully inhabit the workplace in the near future. Be sure to check out our updates on recent achievements and other milestones, research, partnerships, acquisitions, and appointments of note, along with profiles of promising products and companies that may have partnership potential. To spread the word about your developments, please send a press release to firstname.lastname@example.org. If you have questions or comments, drop us a line at email@example.com.
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