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Mastercard Bets On Biometric Cards To Advance Inclusion

PYMNTS

In early May, Mastercard , in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history. The Challenge of Building the Right Card for the Job. In the U.S.

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A Tale Of Two Payments Regions: UK And Germany

PYMNTS

But, of course, no two consumers are exactly alike – especially when comparing consumers across different regions of the world. The study looked at 500 consumers (18+) in each country who had at least a credit or debit card. “The pie for card issuers in Europe is significant. ” The Highlights.

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Where Does Chime Go From Here?

Gonzobanker

That’s similar to MoneyLion, whose Q2 2023 securities filing claimed the company had “nearly” 10 million customers. Because banks like Bank of America, Chase, Wells Fargo and other large regional banks have highly diverse product lines, making a direct comparison of number of customers nearly impossible. Well, not all members.

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GDPR, Impactful And Showing Its Face(book)

PYMNTS

The tally, overall, is still rather healthy, with 376 million users still extant in the region. And it pales in comparison to the 2.2 The fact remains, too, that the firm will be boosting investment in security initiatives – enough so that profitability is impacted. billion users listed in total. Fees Under Scrutiny in the U.K.

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Bitcoin Daily: Coincheck’s Investors Take Their Money, Iceland’s Big Mining Electricity Bill

PYMNTS

The news comes as merchants in the region have begun allowing their customers to pay in bitcoin. ” But that news comes as a bank in India has banned customers from using its cards to buy cryptocurrencies, India Times reported. Citi India’s decision follows concerns over economic, legal and security matters, among others.

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Imposter Scams Top FTC’s List of 2018 Consumer Complaints

CFPB Monitor

The report summarizes consumer complaints stored in the Consumer Sentinel Network, a secure online database. Nearly half of these reported scams involved government imposters that falsely claimed to be from the IRS, Social Security Administration, other government agency to get victims to turn over money and/or personal information.

Nevada 74
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Proactive Customer Communication for Fraud Prevention

FICO

The majority prefer text (43%) while another 17% prefer email, despite security flaws described as early as 2016. Brazil, by comparison, is far more diverse; 28% prefer a text message, 30% prefer a bank app, and 12% prefer a 3rd party messaging app to verify payments. But payment verification preferences vary significantly by country.

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