The two companies announced a collaborative partnership at Money20/20 to help merchants get a handle on how they can present the best customer experience going forward as consumers' behaviors and expectations continue to evolve thanks to emerging technology.
Bank of America and FitPay, a wholly-owned subsidiary of NXT-ID Inc., are extending contactless payment capabilities to a range of new devices, giving Bank of America customers more payment options. The collaborative effort, according to a press release, enables Bank...
Companies need to utilize new technology to remain competitive, but they must be aware of all the changes that a new technology will bring to their operation for the technology to succeed.
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