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China Tests Facial Recognition Subway Payment

PYMNTS

The face would be linked to a payment account, although whether the technology will work for similar faces or twins is not known. The technology was designed by Shenzhen Metro and telecom company Huawei. The metro company hasn’t said if and when facial recognition will become a part of all of its lines.

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Apple Pay’s Latitudinal Reach

PYMNTS

Many of Sberbank clients actively use new technologies, and an increasing number of them will prefer cash-free and contactless payment using their smartphones.” Citizens Bank of Kentucky. City National Bank of Colorado City. First Community National Bank. First National Bank (IA). First National Bank (MN).

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Apple Watch Earns Pro QB $5K Scolding From NFL

PYMNTS

Add another job to that list: fine generator for the National Football League (NFL). Snapping this story back to Roethlisberger, he apparently likes being on the winning team, even when the competition centers around inanimate (for now) technology. 30 game against the Cincinnati Bengals (the Steelers won 27 to three).

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Samsung Pay Launches In China

PYMNTS

In compliance with national laws and regulations, we ultimately want to make Samsung Pay available to as many consumers as possible, so that everyone in China can have the opportunity to enjoy the simplicity, safety and convenience of our mobile payment solution.” Young, SVP, Global Product and Innovation.

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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

So banks, even community banks like [bank name] must take a sharp pencil to prune their branch network to compete with the higher interest rates of online banks, make investments in people and technology, and deliver to their shareholders. Because investments must be made. Build a positive culture with operating discipline.

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End-Of-Summer Edition: Retro Malware, Bitcoin’s Surge ‘N’ Split And Apple Watch Sees Other People

PYMNTS

EST in South Carolina, there will be a total solar eclipse — with Idaho, Wyoming, Montana, Nebraska, Iowa, Kansas, Missouri, Illinois, Kentucky, Tennessee and Georgia all enjoying prime viewing slots between start and finish. EST/9:05 a.m. PST in Oregon and 2:48 p.m. Bitcoin Surges — And Faces Another Split.

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Amazon’s Uncharted Territory And Travels On Indian Trains

PYMNTS

Ang Hin Kee, NTUC assistant secretary-general, said that technology might come to the rescue of food delivery suppliers in the form of autonomous vehicles, and delivery drivers might be able to run autonomous fleets if they have access to employer or independent training.

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