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Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance

PYMNTS

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. The need for digital security has never been more paramount than during the COVID-19 crisis.

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Fidor: How Cloud-Based Banking Helps With Compliance

PYMNTS

A significant portion of consumers in various global markets are even planning to increase their use of digital banking services in the coming months, which means banks are going to need to seamlessly support a new flood of digital consumers’ requests, as well as the data that comes with them. Around The Cloud Banking World.

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ATMs Are Ahead Of Their Time — Again

PYMNTS

ATMs have come full circle — starting life as the best tech innovation the public had ever seen (from banks), then becoming utterly routine, and to the present day — when ATMs are suddenly sexy again. It helps explain why the value of the ATM market was $18.44 A convergence of factors is at the root of the ATM makeover now underway.

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Can Mobile Solve A City’s Transit Payment Challenges?

PYMNTS

The pandemic is driving consumers online to shop and pay, and expansion of the payment gateway market shows no signs of slowing. percent by 2027, when it will reach a total valuation of $87.6 As the demand for digital payments surge, however, the systems that used to keep them secure are falling short.

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Mastercard: Using AI To Cure Healthcare’s $240B Fraud, Waste And Abuse Problem

PYMNTS

By the year 2027, the expectation is that those costs will have swelled to $6 trillion annually or roughly $17,000 per citizen or 19 percent of the GDP. We securely store over 18 petabytes of sensitive data — this is a significant amount of data that we’re dealing with every day,” she said. Healthcare in the U.S.

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Modern Card Issuer Marqeta Is Going Public. Here’s What It Means For Payments Tech & Issuer Innovation

CB Insights

Marqeta is currently trading at $16B in the private market. Below, we take a look at where the company is gaining traction across the payments technology market and where it might face challenges as it enters the public domain. . Massive market opportunity driven by the pandemic and shift to digital payments . Key Takeaways.

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Former Worldbank CEO On ClearBank’s New Core Banking Infrastructure And Driving FinTech Innovation

PYMNTS

In May 2007, Voice Commerce, the voice biometrics company he founded in 2003, launched VoicePay, the consumer-facing application of the company’s secure voice-initiated transactions processing platform. Ogden said what sparked the idea for ClearBank was the perfect storm of market consolidation in the U.K. that he sold to RBS in 2002.