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Visa Uses NYC Mass Transit To Ignite Contactless Payments

PYMNTS

specifically, the use of such payments for mass transit in New York City. In an new PYMNTS discussion, Dan Sanford, Visa ’s global head of contactless payments, talked with Karen Webster about the May 31 launch of a contactless payments pilot involving the Metropolitan Transportation Authority (MTA) in New York City and Chase.

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Brex Launches Vancouver Tech Hub With 40 Employees

PYMNTS

Silicon Valley payments FinTech Brex opened its first international office, a technology hub in Vancouver, Canada with a 40-person workforce, the company announced on Tuesday (March 3). The new hub will target software engineering and user experience processes. It has also launched a corporate credit card for startup companies.

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B2B Tech Startups Land Backing To Modernize The Enterprise

PYMNTS

One India-based B2B eCommerce startup, Bikayi, recently announced it raised $2 million in seed funding from a range of backers, including Mantis, a venture capital firm founded by pop artists the Chainsmokers. Honcho plans to deploy the investment towards new hires and invest in its product roadmap.

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Supporting the Financial Services Industry Sustainability Journey

Cisco

By creating sustainable financial offers, prioritizing green investment mechanisms and reallocation of capital, financing sustainable programs, and tracking the carbon footprint tracking of transactions, FIs can incentivize the integration of sustainability criteria into financial services decision-making.

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Deep Dive: COVID-19 Spurs Biometric Innovations For A Contactless Global Society

PYMNTS

The New York City Police Department recently stopped using its fingerprint identification security procedure for employees entering buildings, for example, contributing to a spike in demand for contactless identification alternatives. I don’t think authorities will rule out keeping this up after the outbreak.”.

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On Demand Pay Finds A Home In Financial Services

PYMNTS

He pointed to advancements in technology that allow people to tap into wages as they are earned to help alleviate financial stresses. It’s well known that individuals must pay bank and auto loans, utility and credit card payments in a timely manner or risk facing penalties.

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Amazon Go Has Spawned Imitators, But Also Innovation

PYMNTS

Much of the excitement surrounding automated retail — aka cashierless retail — has been driven by Amazon Go, but the enthusiasm for “just-walk-out” technology has been tempered by the stores’ limited locations. New Developments. The study found there is a 37 percent increase in dollar spend when consumers pay with a card versus cash.