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[ad_1] U.K. banks are testing machines that can accept deposits from multiple machines. [ad_2] John Adams Source link
[ad_1] Sen. Sherrod Brown (pictured), the chairman of the Banking Committee, along with Sens. Jack Reed of Rhode Island and Elizabeth Warren of Massachusetts, wrote Zelle...
[ad_1] Visa’s collaboration with technology firm ServiceNow aims to create a GenAI-powered approach to managing banks’ complex transaction disputes. Andrew Harrer/Bloomberg Even if a bank wins...
[ad_1] Jakub Porzycki/NurPhoto/Photographer: Jakub Porzycki/Nur Block began cutting jobs as part of the firm’s goal to cap its workforce at 12,000 employees. Block, run by Jack...
[ad_1] Apple’s payment policies face several legal and regulatory challenges. Apple’s long legal battle with Epic Games over app store checkout policies has entered a new...
[ad_1] Fiserv has added more merchant services in recent years. In a tightly competitive payments market in a cost-conscious economy, Fiserv is trying to expand the...
[ad_1] Enjoy complimentary access to top ideas and insights — selected by our editors. HSBC is adding a new app to attract non-bank customers to cross-border...
[ad_1] The digital wallets emerging to manage assorted types of crypto and decentralized finance concepts will need to clear high hurdles before they directly threaten banks....
[ad_1] Afterpay’s buy now, pay later loan platform is fully integrated within Cash App, parent company Block recently said. AfterPay Buy now/pay later loans are driving...
[ad_1] A Lloyds Bank study finds that the number of crytpo scams rose by 23% year-over-year in October, with two thirds of those scams originating on...
[ad_1] Sunil Sachdev is Fiserv’s new head of embedded finance. In the push to bring banking services to merchants’ platforms via embedded finance, core provider Fiserv...
[ad_1] Payment card interchange, a major factor of the “swipe fees” that average about 2% of each sale, is in the news again as lawmakers and...
[ad_1] IKEA, which has 52 U.S. locations, plans to add eight new stores and nine order-and-pickup locations in the next three years. Troy Harvey/Bloomberg As buy...
[ad_1] Square was still working to fix the point of sale outage on Friday morning.David Paul Morris/Bloomberg Outages such as the one Square suffered late this...
[ad_1] Commuters in Helsinki, Finland use its Whim app to pay for public transport, taxis and bikes.Andrey Rudakov/Bloomberg The post-pandemic surge in use of contactless payments...
[ad_1] Total credit rose $7.2 billion, the smallest advance since November 2020, Federal Reserve data showed Monday. Brent Lewin/Bloomberg U.S. consumer borrowing slowed to a more...
[ad_1] Chris Ratcliffe/Bloomberg JPMorgan Chase expanded one of the most high-profile projects to bring blockchain technology to traditional banking, introducing euro-denominated payments for corporate clients using...
[ad_1] “As we have evaluated the likely impacts of issuing a CBDC it has become clear that the purported benefits of a CBDC are uncertain and...
[ad_1] The payments industry’s maturation from static point-of-sale terminals is giving merchants a greater ability to diversify how they use space and engage with customers. While...
[ad_1] Apple Pay Later is using a funding model that’s designed to remove intermediaries. Chris Ratcliffe/Bloomberg Though Apple took its time moving into the booming BNPL...