PYMNTS

AUGUST 11, 2019

New Jersey ’s governor has signed a bill to implement a Blockchain Initiative Task Force. Bill S2297 explained that the task force will study potential uses for blockchain technology on the state and local level, with an emphasis on medical records, land records, banking, and property auctions as potential applications.

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PYMNTS

MARCH 19, 2018

The technology, which is powered by the retailer’s mobile app, is expected to be deployed to all of Macy’s full-line stores by the end of the year, CNBC reported. When it’s time to check out, customers go to a dedicated counter where the cashier makes sure they scanned the correct number of items and removes a security tag.

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PYMNTS

JANUARY 27, 2021

New Jersey-based Affinity Federal Credit Union began upgrading its systems about five years ago as it looked toward the digital future. The new features include a biometric voice authentication system intended to reduce the time spent waiting on hold and fortify security.

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New Jersey Connecticut Fraud System 223

PYMNTS

AUGUST 10, 2020

In a letter to Apple CEO Tim Cook over the weekend, Metropolitan Transportation Authority (MTA) Chairman Patrick Foye said riders have been spotted removing their masks to unlock their phones using face recognition technology. This, despite an Apple update that simplifies the unlock process for people wearing masks. “We

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PYMNTS

APRIL 16, 2018

The news comes as Macy’s plans to roll out mobile checkout in its brick-and-mortar stores. The technology, which is powered by the retailer’s mobile app, is expected to be deployed to all of Macy’s full-line stores by the end of the year, CNBC reported. The retailer has already tested the technology at a store in New Jersey.

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Retail Online New Jersey Florida 111

PYMNTS

JANUARY 26, 2021

Los Angeles-based immigrant-focused technology solution provider Welcome Technologies has announced that it has selected PSCU to provide processing and support services for its first credit card offering. To get the full story, download the Tracker. Deep Dive: Why Contactless Payment Offerings Are Crucial For CUs Amid The Pandemic.

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Tools Los Angeles New Jersey Trends 276

PYMNTS

FEBRUARY 20, 2020

A technology website called ZDNet originally reported the data breach and passed along the 10.6 The resort said it had upgraded its security to make sure a data breach like this one never happens again. million number. MGM Resorts said it had hired cybersecurity experts to execute an internal investigation into the hack.

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PYMNTS

AUGUST 7, 2020

New Jersey’s Buckle is an InsurTech company focused on arming the gig economy, including rideshare providers, with access to total insurance coverage. Existing backers Aleph and Altair Capital provided funding as well, the company noted, adding that it will also be expanding its team with the new investment.

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PYMNTS

APRIL 12, 2019

Community banks are voicing their frustration with what they say is a lack of competition in the market for corporate bank technology providers, reports in The Wall Street Journal said Thursday (April 11). ” Fiserv, FIS and Jack Henry have secured 90 percent of U.S.

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PYMNTS

NOVEMBER 1, 2018

The Chinese eCommerce retailer is working with both the Chinese Academy of Sciences (CAS) and the New Jersey Institute of Technology (NJIT) for the joint lab, which will look into efficiency issues and scalability when it comes to the blockchain.

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PYMNTS

NOVEMBER 7, 2018

China’s JD.com ’s quest to expand into technologies such as artificial intelligence and automation is causing its expenses to soar, with the company seeing its Q2 technology costs go up over 70 percent year over year for the third consecutive quarter. According to TechCrunch , the company spent 2.8

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PYMNTS

AUGUST 26, 2019

The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG. They will be required to follow the new anti-money laundering (AML) requirements that FINMA revealed this week.

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PYMNTS

OCTOBER 22, 2019

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

Lending 101

Lending New Jersey Online Customer Experience 101

Bobsguide

JULY 21, 2022

The new board members bring significant expertise in core business areas, including digital assets, securities finance, derivatives, and market structure, as the business builds market share in these sectors. John brings considerable capital markets experience to the board and is based in New Jersey. About TS Imagine.

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PYMNTS

APRIL 11, 2018

Despite that rather amusing revelation, Zuckerberg remains adamant that Facebook’s data and the property of users who choose to interact with the social media network are secure. asked Representative Frank Pallone of New Jersey, the ranking Democrat on the Energy and Commerce Committee, at the beginning of the hearing.

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Data social media New Jersey Washington 101

PYMNTS

JANUARY 11, 2021

Legacy banks and financial institutions (FIs) keep scrambling to add new consumer-centric bank tech and digital experiences that layer sizzling consumerization onto sluggish B2B payments. If only enthusiasm were enough. Companies that want to integrate directly are lining themselves up for a major technical undertaking.”.

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PYMNTS

JANUARY 16, 2020

The unique secrecy and security of bitcoin and other cryptocurrencies have led to their use by domestic terrorist groups like white supremacists, experts said at a hearing Wednesday for the U.S. In statements provided to Homeland Security, officials outline their thoughts on the matter. House Financial Services Committee.

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PYMNTS

DECEMBER 7, 2018

Venture capitalists and equity investors targeted companies that apply big data technologies, including artificial intelligence, to an array of use cases, including fleet and manufacturing — leading to more than $322 million raised for B2B startups this week. Cross River Bank. Cross Creek Advisors and previous backers also participated.

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Analytics Data Capital Software 176

PYMNTS

NOVEMBER 18, 2019

Securities and Exchange Commission (SEC) is reportedly looking into WeWork to see if the embattled firm went against financial rules while it was gearing up for its initial public offering (IPO). 1 when City National Bank of New Jersey closed its three branches. SEC Probes WeWork For Potential IPO Violations.

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PYMNTS

DECEMBER 11, 2018

The banks include Axis, Citi, Standard Chartered, Yes Bank, RBL and IndusInd, and per reports, the banks have stated that FinTech access to that data might hurt data security efforts. Also, as of today, there are no security guidelines for data storage by FinTechs,” the source told the publication. billion valuation.

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Fintech Data New Jersey Guidelines 139

PYMNTS

NOVEMBER 7, 2016

Technology’s inexorable march marches on, and the newest wave is FinTech — the disruptor of the way financials services are rendered and the key to how those services are to be reimagined. Must technology and banks compete in a zero-sum game? And amid the reimagining, are banks doomed? Not necessarily.

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PYMNTS

JANUARY 19, 2021

At the same time, said the panelists, the banks themselves are lagging a bit in technology, where the IP address detection methods dating back a couple of decades are not enough to defend against fraudsters’ new attack vectors. As Boyer noted of those IP-centric defenses, “it’s mostly what banks have now. percent,” he said.

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Data Fraud Los Angeles Compliance 227

PYMNTS

MAY 24, 2016

The ubiquity of new technology has reset customer expectations, creating a new standard for speed of service and user experience. Thanks to Netflix, which was quick to adopt this new technology, customers expect an intuitive user interface and around-the-clock availability with zero tolerance for errors. .

Cyber Security 109

Cyber Security New Jersey User Experience Innovation 109

PYMNTS

APRIL 18, 2019

ShopRite and Amazon will service the New York City area, while Walmart will cover upstate locations. The pilot itself will also extend beyond New York’s borders: Alabama, Iowa, Maryland, Nebraska, New Jersey, Oregon and Washington are all slated for tests.

Online 126

Online North Carolina New York New York City 126

PYMNTS

JUNE 13, 2019

It’s nearly impossible for human analysts to examine every sign of malfeasance with banks processing millions of transactions each day, but that is exactly where learning technologies like artificial intelligence (AI) and machine learning (ML) can help. But there are people in Silicon Valley who are two to three years ahead.”.

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Fraud Analytics New Jersey Data 128

PYMNTS

APRIL 15, 2019

From Vengo Labs to Carvana , digital innovators in a variety of industries and spaces are reinventing the vending machine concepts with new technologies and features. And technology in the space is continuously evolving from the days of large, imposing machines.

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San Francisco Retail System New Jersey 130

CFPB Monitor

FEBRUARY 3, 2020

At the same time, the improved economy, the deregulatory environment at the federal level, and the increase in technological innovation (including artificial intelligence, data aggregation, and Blockchain) has resulted in new entrants into the consumer financial services industry and the offering of new products and services by the industry.

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PYMNTS

DECEMBER 12, 2018

Kroger, for instance, has a technology called Scan, Bag, Go , which lets shoppers use their smartphones to select products as they shop. Shell, General Motors and mobile payments provider P97, for example, are using embedded in-dash technology with select vehicles to help consumers find and pay for fuel. About a quarter – or 24.8

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Retail Mobile New Jersey Study 130

Independent Banker

OCTOBER 31, 2021

The pandemic has been a “big bang” moment for this technology, Potts says, particularly due to the Paycheck Protection Program (PPP), which saw a flurry of new small business customers flocking to community banks, sometimes under short notice and at all times of the day and night. Miller is a writer in New Jersey.

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Idaho Community Bank Community New Jersey 134

PYMNTS

NOVEMBER 15, 2018

consumers, he said, are “very used to using a plastic card to tap to gain access to buildings, or to transit systems like the PATH train between New York City and New Jersey. Cool’ is one way I can describe tap-and-pay,” he told Webster, “and convenient and easy and secure are other ways I can describe it.”.

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Cards United States New York City New Jersey 179

CFPB Monitor

FEBRUARY 12, 2019

PLI’s 24th Annual Consumer Financial Services Institute will take place on March 25-26, 2019, in New York City (and by live webcast and groupcast in Philadelphia, Pittsburgh, and Mechanicsburg, Pennsylvania, and New Brunswick, New Jersey); on May 20-21, 2019, in Chicago; and on December 9-10, 2019, in San Francisco (and by live webcast).

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PYMNTS

AUGUST 30, 2018

Now comes the latest way in which relatively normal consumers are outdoing the royalty of old — one of the latest examples of how “big data” and digital technology are changing the way people go about some of the most basic and intimate of human functions — behold the rise of the smart toilet and bathroom. Tech Testing Point.

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Delaware New Jersey Resources Examples 110

PYMNTS

JANUARY 29, 2019

New Jersey was the ringleader of the effort, though it did enlist support from 17 other states and three additional state governors. It all comes down to security, authentication and fraud prevention. They cannot control which wall the DOJ and Congress” might eventually rule on this new betting regime.

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Online Las Vegas New Jersey Fraud 169

FICO

FEBRUARY 16, 2023

A cluster of states in the northeastern US accounted for an additional 29%, and included New York, New Jersey, Pennsylvania, Maryland and Virginia. When looking at total fraud cases related to skimming, we saw that 70% were tied to POCs in 5 states: California (38%), New York (16%), Pennsylvania (6%) and Florida/Washington (5%).

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Cards US Data Fraud 98

PYMNTS

JULY 17, 2019

should “absolutely” lead the way when it comes to creating global cryptocurrency structures — and further asserted it is Facebook’s belief that blockchain technology is inevitable and it falls to the U.S. He said the U.S. Marcus went on to reaffirm Facebook’s commitment that it would not look to bring Libra online in the U.S. Arizona Sen.

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cryptocurrency North Carolina Idaho Louisiana 142

CB Insights

JANUARY 17, 2018

Using the CB Insights database, we identified the most-well funded VC-backed technology startups by state based on disclosed equity funding. The others include: Vox Media , Magic Leap , GreenSky , Avant , DraftKings , Duo Security , Infor , AvidXChange , and Domo. Tilson Technology Management. Tenable Network Security.

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PYMNTS

MAY 8, 2020

The first quarter of 2020 should have been business as usual — especially for the payments processors and financial services technology companies — the firms that keep commerce humming across offline and online channels. Merchants, too, enjoyed the tailwinds of a strong economy and sanguine consumer mindset.

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