India ATM Closures Boost Demonetization Efforts

In November 2016, the Indian government issued a ban on the nation’s higher-denomination 500- and 1000-rupee notes, essentially deeming 86 percent of its currency invalid. The move came as a surprise, and left no small amount of chaos – with bank runs and big losses for merchants – in its wake.

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UK’s Financial Conduct Authority Introduces New Rules on Handling Complaints About Authorised Push Payment Fraud

The Financial Conduct Authority (FCA) has today published new rules allowing victims of Authorised Push Payment (APP) fraud to complain to the payment services provider (PSP) receiving their payment.

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How AML Regulations Turn Credit Unions Into Law Enforcement

Communication and engagement with members is an essential part of any credit unions’ (CUs’) retention strategy. Recently, though, many CUs have turned to technology-driven solutions to help members more efficiently communicate their needs and feedback. However, their members are not the only ones with whom credit unions must regularly work.

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Japan: An Underdog Molding the Cryptocurrency Industry

Why doesn’t the cryptocurrency industry talk more about Japan? The more I think about it, the more difficult I find it to understand crypto – the computer-originating digital currency designed to bypass borders and governments – without considering Japan’s role in its propagation and popularization.

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And Now Another Major Smartphone Manufacturer Is Getting Into Crypto

Already this year, we’ve seen the release of the HTC Exodus 1 smartphone, that comes with a Bitcoin wallet built into it. Then we’re hearing strong rumours that Samsung is considering adding a wallet to its upcoming flagship Galaxy S10 device, when that’s released next year. And now you can add another name.

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Driving the Next Technology Revolution

The digital transformation of Europes non-bank payment sector is set to deliver instant, frictionless and invisible transactions.

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The Future of Mobile Banking Hinges on New, ‘Ambient’ Technologies

Some day, thanks to digital assistants, smart watches, voice-enabled devices and other technologies, banking tasks will become invisible.

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Major Spanish Bank BBVA Closes €150 Mln Loan With Porsche Holding Using Blockchain

Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria ( BBVA), has closed a 150 million loan using blockchain technology with Porsche Holding, the largest car distributor in Europe. The news was reported by financial news site Finextra Dec. 14.

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Jack Henry Enables “Alexa Pay My Bill”

Perhaps as a one year anniversary Jack Henry has issued a press release regarding its Symitar division’s introduction of a new bill pay skill in its.

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I2c Receives UnionPay Certification for Issuer Processing

i2c Receives UnionPay Certification for Issuer Processing Company Continues Global Expansion of its Payments Business, Opens China Market to Major Card Issuers REDWOOD CITY, Calif.

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