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To Flip or Not to Flip: Why Are Payment Card Issuers Still Asking This Question?

Gonzobanker

The time has come for some truth on the world of payment card flips. disrupted banks’ income on debit cards. had in 2011, they’re likely to see an 18% to 25% volume shift from signature to PIN card transactions by the end of 2025. And the threat of disruption on credit cards looms large. Why start that all over again?

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BofA Links Corporate Cards To Mobile Wallets

PYMNTS

Bank of America is adding mobile wallet functionality to its suite of commercial card products, the bank said Wednesday (Sept. According to Bank of America, mobile wallets can enhance payment security by tokenizing account numbers, effectively using a physical commercial card to generate a virtual card for a particular purchase.

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Commercial Cards Gear Up For Corporate Travel’s Return

PYMNTS

At least, that’s what commercial card technology players believe, with this week’s rundown of the latest initiatives in corporate card solutions placing a focus on returning business trip volume. Expensify Links Cards To Booking. Emirates Islamic Launches Cards For SMBs.

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Getting Cash From An ATM Could Get A Whole Lot Easier

PYMNTS

It could be getting a whole lot easier to get cash out of ATMs, as FIS and ATM provider Payment Alliance International recently announced plans to bring Touch ID access to 70,000 ATMs across the U.S., It will even allow ATM customers to verify themselves with Touch ID to confirm the withdrawal and take out their cash.

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Another 44 Banks And Credit Unions Sign Onto Apple Pay

PYMNTS

The list of banks and credit unions issuing cards that will work with the Apple Pay mobile wallet has once again grown. Another 44 banks and credit unions in the United States are now officially attending the Apple Pay party. It has been an active week for Apple Pay. The newest members of the roster are listed below.

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Apple Pay Support Now Available For Additional Banks In US, Russia

PYMNTS

Apple Pay has added more than 20 banks and credit unions in the United States, as well as two new banks in Russia, that now support the payment service, according to 9to5Mac. This announcement follows the launch of Apple Pay in Taiwan and Ireland, as well as the addition of more than 30 banks and credit unions across the U.S.,

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Consumer shift or shiny object?: What Apple Card could mean for retail banking

ATM Marketplace

The introduction yesterday of Apple Card has the fintech world talking. But so did Apple Pay when it was introduced four-and-a-half years ago, and it still hasn't reached the tipping point.

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