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What’s The Best Way To Navigate The New World Of Payments?

PYMNTS

That raises several questions for financial institutions (FIs), FinTech firms and payment service providers as they figure out how to best navigate this changing world. Legacy payment providers are looking for ways to innovate in the ways that [FinTech firms] do, and to avoid duplicative costs.”. Recent Trends. Basic Question.

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Phillips 66 Partners With WEX For Exclusive Multi-Year Private Label Extension 

PYMNTS

FinTech service provider WEX signed on with Phillips 66 to handle exclusive private label and universal fleet card services, Verdict reported on Wednesday (Aug. WEX and Phillips 66 have partnered since 2010, the release said, to develop a sales and marketing program that depends on new payment technologies for fleet customers.

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Bankers On Fixing B2B Payments API Flaws

PYMNTS

Open application programming interfaces (APIs) are playing an increasingly important role in the financial industry as the field grows increasingly digital. APIs allow banks and technology providers to coordinate development much more easily, enabling the creation of innovative new products and services for functions such as B2B payments.

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It’s Dreadful Being a Buyer of Bank Technology

Gonzobanker

For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. This technical friction causes initiatives to slow and allows less room for innovators to deliver new value. unemployment rate in the United States is nothing compared to the striking 1.3%

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A Topological Look at Next Week’s FinovateSpring Presenters

Fintech Labs Insights

Take a look at the presenter map below that details each company’s headquarters location: FinovateSpring will showcase 17 companies from the Bay Area, 36 companies from elsewhere in the United States and 19 from other countries. Presenters from VIX Verify have the longest commute; they’ll be flying in from Australia.

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Fintech Trending: P2P, EMV, NFC, NLP… OMG

Fintech Labs Insights

In a new partnership , Jack Henry & Associates has integrated with Visa to allow customers to send P2P payments directly to a recipient’s Visa debit card. It’s been one year since EMV regulation in the United States was placed into effect. Mastercard is the runner-up: 71% of cards issued contain an EMV chip.

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CO-OP CEO On The Power Of A Payments Ecosystem

PYMNTS

That has been the experience at CO-OP Financial Services , President and CEO Todd Clark told Karen Webster in a recent conversation. There are many possibilities for improving the member experience — around member communications, alerts, card control mechanisms and digital banking. “It In fact, it’s likely to speed up.

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