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Contactless payments tripling by 2024

Contactless payments tripling by 2024

Juniper Research reports that contactless payments will triple to $6 trillion worldwide by 2024, from about $2 trillion this year, as OEM mobile wallet transactions increase and banks expand the use of contactless cards. The report found that several factors…

As ATM industry gathers in Houston, major innovations and challenges impact business

As ATM industry gathers in Houston, major innovations and challenges impact business

As the ATM industry gathers in Houston for the ATMIA U.S. Conference 2020, industry experts say there are a number of issues that are impacting the industry, including bank transformation, consolidation, cash access and new technologies.

Google to launch checking accounts with Citi, local credit union

Google to launch checking accounts with Citi, local credit union

Google, in another move by Silicon Valley to enter the financial services space, is teaming with Citigroup and Stanford Federal Credit Union to offer checking accounts to consumers, according to a source familiar with the agreement. The deal, first reported…

US techs raise competition concerns in EU

In a recent probe by European Union regulators, Apple Pay was found not to be abusing competition laws, but the digital payment service could be subject to additional scrutiny if authorities receive formal complaints, according to a report by Reuters.…

14 new associates join EMVCo payment technology innovation program

Global technical body EMVCo has welcomed 14 associate organizations to its program of cross-industry collaboration for the development of EMV specifications. The EMVCo Associates Program allows global payment industry stakeholders including card or terminal manufacturers, processors, banks, payment systems, mobile…

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