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Top News In Payments: ECB Has Mulled Public Digital Currency; Grab Debuts Numberless Card In Batches

PYMNTS

In today’s top news, the European Central Bank (ECB) has mulled using a public cryptocurrency if international payments inside of Europe stayed too costly. Also, Grab is introducing Asia’s first numberless card in batches. Expedia Leadership Shake-Up Shows Power of Travel Industry Disruption. Grab Launches GrabPay Card.

Cards 131
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How MasterCard Vets Innovation

PYMNTS

From hackathons to startup pitches, startup accelerators and innovation labs, there are no shortage of ideas – and, it seems, the money to keep a steady stream of them flowing. McLaughlin shared that framework with the assembled crowd at the “ Matchmakers” book launch in New York last week. McLaughlin said.

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Bitcoin Daily: NY Regulator Announces New Crypto Unit; Online Crypto Lender Leaked Customers’ Credit Info

PYMNTS

New York’s Department of Financial Services (DFS) has launched a new Research and Innovation Division that will be responsible for licensing and supervising virtual currencies. And the New York Times has revealed that it is planning to use blockchain technology to fight fake news.

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State Bank Of India Teams With FSS; AlipayHK Attains 2M Users

PYMNTS

Coverage includes the State Bank of India (SBI)’s work with FSS (Financial Software and Systems) on “One Nation One Card.” The State Bank of India (SBI) is collaborating with FSS (Financial Software and Systems) to bolster the “One Nation One Card” program, according to reports. still rely on cash for some purchases.

New York 139
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Girl Scouts Get Their Digital-First Merit Badge

PYMNTS

“This season, our girls will continue to exemplify what the cookie program taught them — how to think like entrepreneurs, use innovative sales tactics, and pivot to new ways of doing business when things don’t go according to plan. These are big three-year or four-year strategic decisions that they’re contributing to.”.

National 166
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The 2022 GonzoBanker Awards

Gonzobanker

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Acronym of the Year – CCCA (Credit Card Competition Act). Let’s see how this new scale allows for big investments in future innovation.

Community 216
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Reflections 2022: The Power of Patents and the People Behind Them

FICO

However, in terms of artificial intelligence (AI) and analytics, 2022 has been a great year for FICO, my data science team, and AI innovation in general. Perhaps the most visible focal point of that innovation is software patents; we recently announced that FICO was granted 11 U.S. Industry Recognition for AI and Analytic Innovation.