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Fueling Retail, Card Innovation With Digital Technologies  

PYMNTS

Livestreaming online shopping is finally gaining momentum in the United States, via an evolving business model from Glamhive. In the automotive arena, sellers have implemented third-party technology such as virtual retailing to enable a completely digital vehicle sales process.

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How FIs And FinTechs Are Expanding The Credit Card Paradigm

PYMNTS

As consumers shop amid ongoing public health restrictions, they almost invariably reach for their credit cards — whether the physical varieties in their wallets or the digital versions stored on their browsers and mobile devices. More than ever, credit cards are becoming the coin of the realm in the global connected economy.

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Driving Corporate Card Innovation With Collaborations, Card Issuing Platforms

PYMNTS

The corporate card can have a home in the digital wallet thanks to collaborations and technology platforms designed for card issuers. FinTech firm Nium has teamed with Southeast Asia neo-bank Aspire to enable a mobile payments feature with its cards. Marqeta Releases Tokenization-as-a-Service Product For Card Issuers.

Cards 192
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Virtual Cards Help Companies Manage Spend In Real Time

PYMNTS

Digital B2B payments innovations as diverse as machine learning (ML) automation, cloud-based enterprise resource planning (ERP) systems and virtual cards are gaining unprecedented traction as businesses move to build sustainable B2B payments operations outside of th e office. RLJ Financial On Managing B2B Spend With Virtual Cards.

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Commercial Card Innovation Puts SMBs In The Spotlight

PYMNTS

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). American Express, Amazon Rollout Card For UK SMBs. American Express rolled out co-branded cards with Amazon for British SMBs.

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Giving Community Banks The Contactless Card Boost

PYMNTS

Contactless has yet to catch on in the United States, despite years of promotional efforts and the success of the payment method in the U.K., However, there may be an opportunity to get more contactless cards into the hands of consumers — an opportunity that involves community banks and is backed by financial incentives.

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Visa: EMV Cuts Card-Present Counterfeit Fraud By 80 Pct

PYMNTS

Merchants saw a drop in card-present fraud due to the increased adoption of Europay, Mastercard and Visa (EMV) chip cards, Visa said. Merchants who have upgraded to chip technology saw a decrease of 80 percent in counterfeit fraud dollars in September of 2018 when compared to September of 2015. More than 3.1 million in Dec.

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