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Artificial Intelligence Startups Make a Splash in New York

Bank Innovation

Artificial intelligence is set to challenge traditional technologies in financial services, if the startups that demoed at BBVA Open Talent in New York today are any indication. Today’s event is one of three regional finals, from which a few Read More. The BBVA Open Talent Challenge is part of Next Money NYC.

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How Prepaid Cards Played A Role In El Chapo’s Global Drug Operation

PYMNTS

Prepaid debit cards are playing an important role. Mexico border (sophisticated tunnels, modified trains and rail spurs, even jalapeño cans designed to fool border inspectors), and whose main distribution points were Lost Angeles, Chicago and New York City. Too Much Cash. That’s a massive amount of money to handle.

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After A Century, Barclays Steps Back From Africa Operations

PYMNTS

The decision to pare back operations in Africa — where the company will sell off much of its 62 percent ownership in publicly traded Barclays Africa — represents what The New York Times said was a step back from one of the key pillars of Barclays’ long-term strategy, right in lockstep with credit cards and investment banking.

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COVID-19 Disrupts Leisure In US, But China Expects ‘Revenge Travel’ Boost

PYMNTS

New York City, in one case, is calling off festivals, concerts, and nonessential gatherings through May and potentially June while the city aims to reduce COVID-19 infection rates, CNBC reported. The news comes one day after Governor Andrew Cuomo put forward the extension of New York’s closure of nonessential companies to May 15. .

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FinTech Boost Teams With J.P. Morgan For Automated Payments

PYMNTS

New York-headquartered Boost Payment Solutions is collaborating with J.P. Morgan’s Single-Use Card Accounts (SUA) to offer automated commercial card payments, Boost said in a press release on Wednesday (Nov. Morgan Head of Commercial Card John Skinner. We’re excited to partner with J.P.

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J.P. Morgan Links With FinTech Boost For Automated Payments

PYMNTS

New York-headquartered Boost Payment Solutions is collaborating with J.P. Morgan’s Single-Use Card Accounts (SUA) to offer automated commercial card payments, Boost said in a press release on Wednesday (Nov. Morgan Head of Commercial Card John Skinner. We’re excited to partner with J.P.

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Innovative Ecosystem Draws FinTech Firms To Toronto

PYMNTS

Our team has torn apart the small business banking playbook and created our own digital banking platform and operating model from the ground up.”. Clients, in turn, receive debit cards and can move money through mobile check deposit, wire, BillPay and automated clearing house (ACH). Funding rounds and exits have followed suit.”