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Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

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Barclays announced that it has appointed Shane Holdaway as the company’s CEO of its cards and payments division in the U.S. For the past five years, Holdaway was the president of Capital One’s Canadian division, and played a leading role in the company becoming the exclusive credit card issuer for Costco Wholesale Canada.

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U.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud

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Banks lost about $4 billion to account takeover (ATO) fraud attempts last year and fraudsters have been reluctant to abandon the scheme as this year progresses. Arou nd the Digital Banking World. Banks in other regions are also dealing with data breaches of their own, such as U.K. digital bank Monzo.

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The Digital Shift, Real-Time Payments, Stimulus Funding Top This Week?s News

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PayPal and Facebook are working together on a funding round for the Indonesian digital payments company GoJek. The Rise Of Card-On-File Commerce. With an absence of contactless card penetration in the U.S., With an absence of contactless card penetration in the U.S., Terms of the deal were not made known. . percent.

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