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CUs Use AI, Cloud-Based Tools To Drive Member Engagement

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Los Angeles-based immigrant-focused technology solution provider Welcome Technologies has announced that it has selected PSCU to provide processing and support services for its first credit card offering. To get the full story, download the Tracker. Deep Dive: Why Contactless Payment Offerings Are Crucial For CUs Amid The Pandemic.

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Macy’s Rolls Out Mobile Checkout

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The technology, which is powered by the retailer’s mobile app, is expected to be deployed to all of Macy’s full-line stores by the end of the year, CNBC reported. When it’s time to check out, customers go to a dedicated counter where the cashier makes sure they scanned the correct number of items and removes a security tag.

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Bitcoin Daily: NJ Assembles Blockchain Initiative Task Force; IBM Eyes Blockchain Browser

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New Jersey ’s governor has signed a bill to implement a Blockchain Initiative Task Force. Bill S2297 explained that the task force will study potential uses for blockchain technology on the state and local level, with an emphasis on medical records, land records, banking, and property auctions as potential applications.

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Affinity Federal Credit Union On The Importance Of Accelerating Digital Transformations

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New Jersey-based Affinity Federal Credit Union began upgrading its systems about five years ago as it looked toward the digital future. The new features include a biometric voice authentication system intended to reduce the time spent waiting on hold and fortify security.

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JD.com’s Q3 Tech Investments Jump 70 Percent Year Over Year

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China’s JD.com ’s quest to expand into technologies such as artificial intelligence and automation is causing its expenses to soar, with the company seeing its Q2 technology costs go up over 70 percent year over year for the third consecutive quarter. According to TechCrunch , the company spent 2.8

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BNY Mellon’s AI-Based Fraud Detection Initiative

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It’s nearly impossible for human analysts to examine every sign of malfeasance with banks processing millions of transactions each day, but that is exactly where learning technologies like artificial intelligence (AI) and machine learning (ML) can help.

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Speed Dating: Invoice-to-Cash In The Digital Age

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The ubiquity of new technology has reset customer expectations, creating a new standard for speed of service and user experience. Thanks to Netflix, which was quick to adopt this new technology, customers expect an intuitive user interface and around-the-clock availability with zero tolerance for errors. .