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Why Technology Is Actually Helping Cash Thrive

PYMNTS

Americans have more payment options than ever before, from the digital payment info stored in mobile wallets to credit and debit cards in their physical wallets. And according to a report from the Federal Reserve Bank of San Francisco, “… cash remains a unique, resilient and heavily used consumer payment instrument.”.

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Bitcoin Tracker: Easy Access Is ‘Easier’ With ATMS & Gift Cards

PYMNTS

Coinsource, America’s largest bitcoin ATM provider, just announced proudly that the company now has 55 ATM kiosks, after adding six new ones in California — four in Los Angeles and two in San Francisco. What about gift cards? Turns out, former Amazon executive Gene Kavner’s already on the bitcoin gift card ball.

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Looking Toward Unattended Retail’s ‘Bright Future’ At The Kiosk

PYMNTS

“Sometimes customers don’t have cash, or don’t have the right amount, and cards are fast and convenient.”. 48 percent of people use cards as one of their payment options at vending machines — and of those who prefer card payments, 82 percent cite convenience as the top reason.

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Chatbot Tracker: Pizza, Fashion & Cloud Computing

PYMNTS

Over the past week, bots are joining the fashion industry at runway events, delivering pizza without hopping off Facebook and peeking through in cloud technology. Pointing to the cloud, Larry Ellison, Oracle’s former chief executive and current chief technology officer, presented a shiny, new platform for building and running chatbots.

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Fintech And Financial Institutions – Bridging the Gap

NCR

But technology innovators and financial institutions have worked together for generations. Technology has been changing the world since we invented agriculture. Technology has been changing the world since we invented agriculture. My whole business career, technology has been a critical part of what a bank does.

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Unbundling Bank Of America: How The Traditional Bank Is Being Disrupted

CB Insights

The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. However, both brands have expanded to additional products, such as Venmo’s credit card and Cash App’s stock investing offering. . Business credit cards.

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Why Hospitality May Be The Gig Economy’s Next Frontier

PYMNTS

Keeping up with the ebb and flow requires technology. As he illustrated, a restaurant in San Francisco may encounter 100 percent turnover, as measured annually, particularly in what may be termed “back of the house” positions in the kitchen. The emphasis is on speed, and shifts may start within hours if the demand is there.

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