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24 Big European Banks Take on Visa, Mastercard With Their Own Payment System

24 Big European Banks Take on Visa, Mastercard With Their Own Payment System

A group of big European banks is planning to challenge Visa’s and Mastercard’s positions as the world’s two largest payment processing networks, Electronic Payments International reported.

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i2c Partners With Credit Sesame for Enhanced Money Management Services

Digital payment and open banking firm i2c has announced its partnership with Credit Sesame‘s Sesame Cash, which will give more customers the option to use Credit Sesame’s money management services, according to a press release.

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Crypto.com Expands Card to 31 Countries

Crypto.com Expands Card to 31 Countries

Digital-payments company i2c Inc. has unveiled a partnership to power the expansion of Crypto.com’s end-to-end crypto ecosystem, which consists of a Visa crypto debit card and a wallet app to buy and sell crypto and earn cash-back rewards in crypto form. Crypto.

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Deep Dive: Strategizing Transparent, Holistic Digital Banking Transformations

Deep Dive: Strategizing Transparent, Holistic Digital Banking Transformations

Financial institutions’ (FIs’) consumers and business clients expect instant access to needed financial services regardless of which devices they use, but reality can fall short of their expectations.

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How Automation Helps Thwart Internal and External AP Fraud

How Automation Helps Thwart Internal and External AP Fraud

Accounts payable (AP) fraud is a major threat to businesses, with 82 percent of approximately 600 corporate treasury and financial employee respondents reporting their companies were subject to payments fraud attempts in 2018. Forty-three percent said their organizations lost money as a direct result of such attacks.

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New Data: 95 Pct. Of Consumers Don’t Use Mobile Wallets for In-Store Purchases

New Data: 95 Pct. Of Consumers Don’t Use Mobile Wallets for In-Store Purchases

Among its many profound impacts, the COVID-19 pandemic has dramatically altered how consumers shop. Even before large-scale stay-at-home policies went into effect, most consumers sought to limit direct contact with people and objects as much as possible when they went out.

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20 Payments Execs on COVID-19’s Ripple Effects – And Taming the Next Black Swan

20 Payments Execs on COVID-19’s Ripple Effects – And Taming the Next Black Swan

The black swan glides into view, beats its wings and sends shock waves through everyday life. Shorthand for unforeseen — and unforeseeable events — a “black swan” occurrence is characterized by its rarity, of course, but also its widespread and severe ripple effects.

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Helping FIs Maximize Card Portfolio Returns in Volatile Times

Helping FIs Maximize Card Portfolio Returns in Volatile Times

Consumers are navigating the vagaries of a brave new world dominated by the coronavirus. Cardholders’ behavior may shift on a dime. That means card portfolios can experience changing returns for financial institutions (FIs).

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Innovating Cross Border B2B Payments: It Takes an Ecosystem

Innovating Cross Border B2B Payments: It Takes an Ecosystem

Tackling B2B payments friction is a journey, but when corporates take their transactions global, finding a remedy for cross-border B2B payments is a much more complicated process. The current climate of innovators appears to be up for the challenge, however.

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How to Compete With Banks: Start With First Principles

How to Compete With Banks: Start With First Principles

Aristotle may have originated the notion of first principles thousands of years ago, but it would take Elon Musk to add a contemporary business flair to that method of analyzing business problems.

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HSBC Reorganization Slashes 35K Positions, $100B Assets

HSBC Reorganization Slashes 35K Positions, $100B Assets

Europe’s biggest bank by assets, HSBC, is slashing 35,000 jobs and $100 billion in assets as it moves to streamline business functions in the U.S., mainland Europe and its investment bank, the Wall Street Journal (WSJ) reported on Tuesday (Feb. 18).

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Trendsetters on How We Will Pay Next Decade

Trendsetters on How We Will Pay Next Decade

Sheep are not natural-born leaders. If they were, they wouldn’t need border collies or sheepherders to make sure that they didn’t follow wolves blindly into harm’s way and that they ended up where they needed to be at the end of the day.

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