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Amazon One Lets Consumers Pay With Their Hand

PYMNTS

The giant eCommerce website can now connect a stored credit card with a palm print. But there are plans to expand it across Seattle, New York, Chicago and San Francisco, the company said. Dilip Kumar , Amazon’s vice president of physical retail, told the network the technology had been in the planning stages long before the pandemic.

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Signature Bank Taps Tech For Simplified AP

PYMNTS

Chicago-based Signature Bank is rolling out a technology platform called Finrails AP to simplify B2B payments, the company announced on Thursday (Feb. Finrails AP offers businesses a cloud-based accounts payable (AP) solution that automates B2B payments on a secure digital dashboard using numerous payment methods.

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Selling Security

Independent Banker

Security fears about online banking may be impairing your community bank’s ability to grow demand deposit accounts. Nearly two-thirds of those who do not use mobile banking cite concerns about security issues such as data interception, phone hacking, or a lost or stolen phone. Many aren’t aware of simple security practices.

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B2B Tech Startups Land Backing To Modernize The Enterprise

PYMNTS

Though it didn't reveal how much it raised, Zero Hash, based in Chicago, announced the close of its Series C investment round led by holding company tastytrade. Enterprise governance software company Honcho secured $4 million in Series A funding , the Colorado-based startup announced in a press release this week. Cloudentity.

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Getting A Hand-le On Amazon’s New Pay-By-Palm-Print Service

PYMNTS

According to the eCommerce giant, the new technology will allow consumers to pay via a palm-print scan that verifies their identity and pushes their payment using whatever card they have stored. The technology will make its debut at two Amazon Go locations in the company’s hometown of Seattle, according to published reports.

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Deep Dive: The Many Roads To Digital-First Banking

PYMNTS

S urvey found that banking customers are increasingly placing a higher value on convenience, personal data security and appealing products. Many banks are taking digital-first approaches to meeting these demands, leveraging technologies such as AI, ML and data analytics to automate and improve customers’ banking experiences.

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How QSRs Are Handling Social Distancing, Fraud Uptick

PYMNTS

Not only do industry giants have innate name recognition, but they also have colossal advertising budgets and access to cutting-edge mobile ordering technology and features that small operations cannot match. It doesn’t land on the credit card companies — it lands on the small businesses.”.

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