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Removing the drag from tableside payment growth in the US

As U.S. restaurant operators look to comply with EMV standards, there is a shift towards the European model of bringing the payment device to the table in the form of a tableside POS or card [...]

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Wells Fargo begins contactless credit, debit card rollout

Wells Fargo & Co. has announced the launch of contactless consumer credit and debit cards that will allow customers to tap-to-pay at millions of retail stores, public transit hubs and other [...]

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Bill.com raises $88M, enters deal with Mastercard on faster payments for SMBs

Bill.com, a digital business payments company that manages about $60 billion in payments per year for 3 million-plus members, has raised $88 million in funding led by Franklin Templeton and, [...]

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FIS to buy Worldpay for $35B in cash and stock

FIS, a Jacksonville, Florida-based financial technology firm, has entered an agreement to buy Worldpay Inc. for $35 billion in stock and cash, creating one of the world’s largest payments firms. [...]

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Fed Reserve establishes working group on payments fraud data

The Federal Reserve has announced the members of its Fraud Definitions Work Group, an initiative to advance the Fed’s strategy for improving the U.S. payment system. Over the next year, [...]

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NationalLink, Fiserv help merchants simplify smart safe cash management

NationalLink Inc., a provider of ATM and merchant acquirer services and products, has teamed with Fiserv Inc., a provider of financial services technology solutions, to implement Fiserv CorPoint [...]

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ATMIA Academy to select 10 scholarship recipients

The ATM Industry Association has announced that Visa Inc. will sponsor 10 scholarships to the International ATM Operators Certification program of the ATMIA Academy. Certification courses are [...]

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Fed paper looks at ATM’s influence in decisions about cash use

The Federal Reserve Bank of Atlanta has published How the ATM Affects the Way We Pay, a working paper that examines the influence of the ATM on consumers’ use of cash. The paper begins with [...]

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US consumers set new record with $870B in credit card debt

Credit card debt in the U.S. reached a record $870 billion by the end of 2018, according to a report by Bloomberg. The total includes a $26 billion increase during the fourth quarter of the year, [...]

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Sharenet intros Cash at Work ATM program

Sharenet, a unit of Paramount Management Group, has announced the introduction of Cash at Work, an ATM program designed to place bank and credit union brands in the most convenient place possible [...]