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Square Partners With POWDR To Offer Ski Resorts Contactless Transactions

PYMNTS

POWDR chose to partner with Square because they help elevate the guest experience from enabling fast, secure, contactless payments to integrated online-ordering solutions,” Justin Sibley , co-president of POWDR, said in the release. She said that many retailers are continuing to innovate, with some posting QR codes in shop windows.

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What Legacy FIs Miss About The Need For Cloud-Based Infrastructure

PYMNTS

Allowing customers uninterrupted access to their online financial accounts and processing digital payments quickly is critical during this time as brick-and-mortar branches are either closed or on limited hours. Why Cloud Computing Is Critical To Banking Innovation. Developments Around The Cloud Banking World.

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How A Digital Makeover Could Be Key To CUs’ Member Acquisition Plans

PYMNTS

This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however. Security is an ongoing concern as well, with countless fraudsters set on hacking CUs to obtain customers’ data. Serving members means more than releasing products that align with the latest trends.

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U.S. Bank Chief Innovation Officer Dominic Venturo Talks Digital Strategy

Bank Innovation

One of the largest retail banks in America has a simple yet multifaceted innovation strategy. Bank Innovation spoke with U.S Bank Executive Vice President, Chief Innovation Officer, Dominic Venturo, on which direction the bank is headed, digitally. Bank Innovation: Last quarter we reported that U.S.

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Why Bunq Banks On The Cloud For An Innovative Edge

PYMNTS

Losing customers can be as easy as experiencing one too many online glitches, however, which can drive clients into the competition’s arms. The second] is the added security because obviously, as a bank, security is paramount, and [third], it allows for new technologies to be deployed rapidly.”.

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How Scotiabank Manages Fraud Protection For A Data-Driven Future

PYMNTS

Cybercriminals are commonly using the same technologies to design and develop nefarious attacks, such as the botnet Mirai and malware like Deep Locker, which used AI and facial recognition to identify targets through factors like geolocation and online behavior. Scotiabank’s Three-Pronged Innovation Strategy.

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BNP Paribas trials seamless payment displays

Banking 2020

Users will be able to make a donation to a charity or order items online by placing their contactless payment card or their NFC smartphone on the screen. “This initiative is part of the innovation strategy of BNP Paribas, the bank for a changing world. trillion in global economic benefits.