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Banking apps fall short on fraud protections: report
Consumer Reports Senior Director Delicia Hand said preventing fraud and scams is "crucial" for traditional and digital banks alike, as more of their customers use their mobile apps.
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Q&A
ACI CEO weighs in on FedNow, cross-border payments
The federal real-time payments system may spool up slowly, but it could ultimately transform U.S. cross-border payments, ACI Worldwide's CEO predicted.
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Visa teams with SAP’s Taulia on embedded payments
The card network giant wants to simplify payment processes for chief financial officers, accounts payable staff and procurement professionals, via the new tie.
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Stripe reports payments volume increase
The digital payments company processed $1 trillion in total payments volume last year, according to its annual letter released Wednesday.
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Klarna’s IPO prospects grab spotlight
The BNPL provider’s CEO has suggested the company could IPO “quite soon,” but fintech investors expect the market will first want to see a stronger track record of profitability.
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PayPal, Mastercard add C-suite hires
Payments firms are loading up on new C-suite hires this year as some in the industry build out new management teams.
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FDIC pushes regulators to address tokenization
Tokenization could be a "major leap" for the monetary system. FDIC Vice Chairman Travis Hill doesn't want the U.S. to be left out.
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PayPal may axe straggler business units
On the fringes of the digital payment pioneer’s two main businesses are some in a third category that could be jettisoned this year, CEO Alex Chriss said last week.
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Affirm CFO swears off auto lending, for now
The buy now, pay later company seeks to be involved in more consumer spending opportunities, but finance chief Michael Linford all but ruled out auto lending.
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Hertz taps Stripe for digital payments
The digital payments company will power website and app-based reservations for the car rental business, along with providing a point-of-sale system.
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