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CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees

PYMNTS

Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets) at the pump, at the counter … or pretty much anywhere? In New York this month, credit card surcharges got the okay. Maybe, maybe not. As Webster recounted Monday (Jan.

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The Latest Analog To Digital Battleground: Store Shelves

PYMNTS

Sometimes, a technology takes longer than expected to find its footing in a market. The ATM card, for example, was around for quite a while — since the early 1960s — before it fell into common use among U.S. It seems that electronic shelf-label technology may be taking a similar slow-burn path to growth in the U.S.,

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Recent days have brought the debut of the “first mobile-enable lottery card” in the state, according to the companies behind the card, Linq3 and Blackhawk Network. The product combines the gift card with the lotto entry, and here’s how it works, according to statement announcing the launch. Lotto and Payment Cards.

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The 14 Biggest Insurtech Events & Conferences in 2023

Fintech Labs Insights

These are the largest events in the insurance industry geared towards technologists, program managers, marketers, developers and C-Suite execs at both legacy insurers and upstart insurance tech firms. Event Spotlight Pushing the boundaries of insurance innovation by bringing together the latest technology and top talent.

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Data Dive Christmas Carol Edition: Bills, Bitcoin And Banks

PYMNTS

The law was introduced by Florida Senator Bill Nelson, and co-sponsored by Senator Richard Blumenthal of Connecticut and Wisconsin Senator Tammy Baldwin. The bill will also include incentives (to be determined) for businesses to use technologies to encrypt their data and make it large unusable in the event of an attack.

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Uber’s Rough Ride Of A Week

PYMNTS

The ride-sharing company said that no Social Security numbers, credit card information, trip location details or other data were taken. Uber is also under investigation by the attorneys general of New York, Missouri, Massachusetts, Connecticut and Illinois. drivers’ license numbers.

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Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23

Fintech Labs Insights

The biggest equity round ($50 million) went to Remedy Partners , a Connecticut-based health tech company. The second biggest round was also in the insurance arena, as Sweden’s BIMA (aka Milvik ) raised $38 million for its micro-insurance products in emerging markets. HQ: Darien, Connecticut. Payment acceptance technology.

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