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Financial Services Sector Paves Way for Rebounding Economy

Businesses have been burdened with innumerable headwinds driven by the COVID-19 pandemic. The surge in cases caused demand slumps not seen in decades, as policymakers were forced to compromise between public health and business activities.

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Merchants Need Payment Tech’s Help to Digitize Successfully

The case for the payments industry to help merchants digitize and transform their businesses has never been stronger. A recent report by American Express stated 58% of consumers who have used contactless payments are likely to do so now more than ever before.

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Create Inclusive Digital Banking Experiences for Diverse, Multi-Generational Customers

In 1978, a blizzard hit New York City and closed the banks for four days. New Yorkers who needed cash to buy gas and groceries on that long, snowy weekend turned to technology they had previously ignored: automated teller machines. For more than a decade, customers who preferred to do their banking with real people […]

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Big Regulation Coming for Big Tech

Big Regulation Coming for Big Tech

Breaking up big tech is a 19th-century competition solution to a 21st-century competition problem. There is a better way.

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From ATMs to Smartphones — How Digital Banking Has Evolved

It’s hard to believe there was a time when consumers couldn’t access their bank account from a smartphone or even their laptop. But as recently as the 1980s, what’s commonly referred to today as digital banking was quite a different story.

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10 Ways Fintech, Payments Are on the Ballot in the 2020 House Election

10 Ways Fintech, Payments Are on the Ballot in the 2020 House Election

As the House of Representatives enters the 2020 election season, the outcome stands to encourage or rein in a group of technology companies that are encroaching deeper into financial services.

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Mastercard Post-Pandemic Views on Contactless Payments, Technology and Future Threats

Mastercard Post-Pandemic Views on Contactless Payments, Technology and Future Threats

Mastercard’s Mohamed Abdelsadek on contactless payments, technology and future threats Market trends related to COVID-19 have shifted the dynamics of retail payment security, both online and in-store.

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Digital Wallet User Base to Increase to 4B by 2024

EXPANSION The report forecasts mobile payments will drive non-cash transaction growth The number of digital wallet users globally will increase from 2.3bn in 2019 to 4bn in 2024 and global non-cash transactions will grow to nearly 1.1tn in 2023 from 708.5bn in 2019, according to the World Payments Report 2020.

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Robinhood Users Say Accounts Were Looted, No One to Call

Bloomberg 1 hr ago Sophie Alexander and Annie Massa (Bloomberg) — It took Soraya Bagheri a day to learn that 450 shares of Moderna Inc. had been liquidated in her Robinhood account and that $10,000 in withdrawals were pending. But after alerting the online brokerage to what she believed was a theft in progress, she […]

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The Latest Data Says Americans Aren’t Coming Back to the Bank. What Does That Mean for Digital Banking?

Before the pandemic, the banking industry had largely embraced digital offerings. Many American consumers have become accustomed to quickly depositing a check by simply taking a picture or transferring funds with the click of a button.

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