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Public transit rollouts in NYC, Miami show huge potential for contactless

Payments Dive

Recently launched public transit trials in New York, Miami and elsewhere are showing huge potential for digital wallets and contactless cards in driving widespread adoption for mobile payments.

Miami 305
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‘Catalyst’ for mass adoption: Contactless payments launch on Miami transit

Bank Innovation

Miami-Dade County Metrorail commuter transit riders will be able to wave their contactless cards or mobile payment wallets starting today, eliminating the requirement to use proprietary fare cards. “Tapping to […].

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Mastercard Enables Tap To Pay For Miami Commuters

PYMNTS

Mastercard is partnering with transportation solutions provider Cubic Transportation Systems, along with the Miami-Dade County Department of Transportation and Public Works (DTPW) to enable tap-and-go payments at Miami’s Metrorail stations, Mastercard said in a press release on Wednesday (Aug. Bravo, P.E.

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HSBC’s Banking Robot Debuts In Miami

PYMNTS

HSBC Bank USA, a unit of HSBC Group, announced Thursday (May 30) the launch of Pepper, the humanoid robot it developed with SoftBank Robotics America, in Miami. In a press release , HSBC said Pepper is being deployed in a retail branch in Miami, marking the first time Pepper has been deployed in Florida.

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Cuentas wants to turn convenience stores into financial centers

Bank Innovation

Cuentas, a Miami-based prepaid debit card company targeting Spanish-speaking populations, wants to turn convenience stores into financial hubs through Cuentas-branded debit cards and accounts. The cards, which will launch in early September, will be linked to an online bank account from Saturn Bank.

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Can contactless cards bring riders back to Miami's subways?

Payments Source

Miami’s mass transit system is adding contactless card payments on its Metrorail service as it combats ridership decline.

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Avoiding AML compliance penalties – Tips from a former regulator

Abrigo

A few years ago, a small credit union in Miami Gardens, FL, shut its doors due to a $300,000 civil money penalty assessed for their anti-money laundering (AML) failures. These MSBs were located in high-risk jurisdictions outside the Miami credit union’s field of membership and outside the United States.