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Impossible Foods CFO David Lee Goes To AppHarvest

PYMNTS

AppHarvest is working to build indoor farms, combining the conventional agriculture technique with innovative tech to grow affordable fruits and vegetables at scale, the release stated. The company expects to begin its first harvest from its flagship farm, which is a 60-acre facility growing tomatoes in Morehead, Kentucky, this month.

Kentucky 159
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Samsung Pay Launches In China

PYMNTS

Samsung announced the launch of its mobile payments service that is now available through a deal with China UnionPay — the same method Apple used to bring its mobile payments option into market. “China UnionPay attaches great importance to the security and innovation of payment. Young, SVP, Global Product and Innovation.

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June’s Top 12 Mobile Pay Moments

PYMNTS

And what better way to mark that milestone than with a monthly recap of the Top 12 news items in one major market in the payments ecosystem: mobile payments. Samsung Pay is the first mobile payment service of its kind to be launched in Spain, giving it a head start in the market over Apple Pay and Android Pay. Apple Pay — 20 Months In.

Mobile 104
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Banking's Top 5 in Total Return to Shareholders: 2019 Edition

Jeff For Banks

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. It is the Mountlake Terrace, Washington holding company for 1st Security Bank, a $1.7 FS Bancorp, Inc.

Indiana 78
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Wells Fargo to Deploy Biometric Authentication Technology from EyeVerify

Fintech Labs Insights

As reported earlier this year in Bank Innovation, the initiative comes in the wake of EyeVerify’s participation in Wells Fargo’s startup accelerator program. Both biometric authentication options replace the need for usernames, passwords, corporate ID numbers, and security tokens.

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How Greyhound Bus Makes Fraudsters Play Fare

PYMNTS

The fraud prevention race is the same as it has always been, with merchants and security companies sprinting to stay ahead of cybercriminals to keep data safe and secure. Although fraud losses from banks, retailers and online platforms have continued into 2020, so has security innovation.

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