PYMNTS
MAY 24, 2019
May 31 marks the launch of a contactless payments pilot with a joint effort between the Metropolitan Transportation Authority (MTA) in New York City and Chase. In terms of contactless options, commuters can use Visa contactless cards , mobile devices or wearables. The MTA, as Visa has said, becomes the first U.S.
PYMNTS
MARCH 12, 2020
Plaintiffs in a case that alleged JPMorgan Chase charged clients too much for buying digital currencies with their credit cards have reportedly arrived at a settlement with the bank, CoinDesk reported. However, she reportedly noted that the institution halted the processing of credit card digital currency purchases due to credit risk.
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PYMNTS
FEBRUARY 7, 2020
According to reports out earlier this week, Goldman Sachs and Amazon are in discussions about possibly partnering for small and medium-sized (SMB) business lending in the U.S. The partnership would apply Goldman’s lending technology to SMB loans on Amazon’s underwriting platform, according to unnamed sources.
PYMNTS
SEPTEMBER 4, 2020
The company said it would use the investment to expand its product features with a focus on its automated lending infrastructure, and noted it will now include ACH processing in its offering. Honcho plans to deploy the investment towards new hires and invest in its product roadmap.
Independent Banker
NOVEMBER 30, 2021
Here, a fraudster obtains a legitimate user’s details to take over their online accounts, enabling the theft of money or a credit card, according to Marianne Crowe, vice president in the Secure Payments Innovation and Research group at the Federal Reserve Bank of Boston. Account takeover fraud. The best defenses against fraud.
Gonzobanker
MAY 8, 2015
The annual LendIt conference was held last month at Times Square in New York City and GonzoLender descended boldly on the scene to evaluate the mysterious underbelly of digital lending. The lending attack on community banks and credit unions has been waged. LENDING VERTICALS. Consumer Lending.
PYMNTS
JANUARY 22, 2020
Titled “Why the Future of Merchant Payments Requires a Digital-First Approach,” the webinar generally revolved around questions related to the development and ongoing rise of omnichannel commerce — already a major topic in the payments and commerce world in these first weeks of the new year. Shift Intensity.
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