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Merchants Ready For Open Banking — And Its New Laws — To Impact US Rollout

PYMNTS

In its March 2020 brief “Developments in Open Banking and APIs: Where Does the U.S. the Federal Reserve Bank of Boston said, “To date, U.S. regulators acknowledge that although there is a market and demand for open banking, the current regulatory structure prioritizes consumer protection.”.

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How Innovative mPOS Is Paving The Way To A Self-Checkout Future

PYMNTS

The firms said in a statement at the time that end users would benefit from a “highly complementary combination” that offers a range of payments and financial services spanning integrated payments, account processing and digital banking, as well as the Clover POS system, among other offerings.

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The Best Opportunities for Retail Banks to Improve Customer Experience

Cisco

According to JD Power, “Nearly 90% of retail banking customers who are highly satisfied with the advice provided by their financial institution say they “definitely will” reuse their bank or credit union for another product” (The Financial Brand). Learn about Cisco Security for Financial Services.

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The Best Opportunities for Retail Banks to Improve Customer Experience

Cisco

According to JD Power, “Nearly 90% of retail banking customers who are highly satisfied with the advice provided by their financial institution say they “definitely will” reuse their bank or credit union for another product” (The Financial Brand). Learn about Cisco Security for Financial Services.

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Getting Mobile Ready

Independent Banker

As players in the Apple Pay initiative, Visa, MasterCard and ICBA Bancard are working to ensure community bank credit card customers will have full access to the mobile payments system, including its tokenization security measures. Moreover, lingering doubts over the security of mobile channels also surfaced in the Fed’s research.

Mobile 105
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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

million to its digital banking platform. Startup digital bank. Blockchain technology for securities. Mobile banking app developer for financial institutions. Charity Bank. Digital bank serving non-profits. HQ: Boston, Massachusetts. RealtyMogul took in another $18.4 million Seed.

Company 12
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Fintech Fundings: 32 Companies Raise $210 Million Second Week of July

Fintech Labs Insights

Digital banking technology. Digital renter’s insurance. HQ: Boston, Massachusetts. Sound-based payment & banking technology. Tags: Institutions, security, authentication, voice biometrics, payments, mobile. Source: Crunchbase. Alkami Technology. Latest round: $3.7 Total raised: $46.7 million Seed.

Company 12