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It’s Dreadful Being a Buyer of Bank Technology

Gonzobanker

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. The war for talent makes all this more difficult. The record low 3.6%

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Today In Payments Around The World: US Halts Tariffs On French Products; China Considers More Stringent Online Oversight

PYMNTS

In today’s top payments news around the world, the United States is halting tariffs on French products, while the Cyberspace Administration of China is considering a revamp of internet oversight regulations. The United States is scrapping an effort to place tariffs on $1.3

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FBI Director: China Wants To Steal US Tech By ‘Any Means Necessary’

PYMNTS

technology by “any means necessary” and that there are about 1,000 related investigations currently ongoing in the country, through its 56 regional offices, according to a report by Reuters. . based technology in all 56 of our field offices and spanning just about every industry sector,” Wray said. William Evanina, a senior U.S.

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Brazil’s Banco Inter Eyes Partnership With Uber For FinServ

PYMNTS

Brazil is now Uber’s largest market outside the United States, with São Paulo boasting more Uber rides than any other city in the world. The launch is the first for Uber in a country outside of the United States, and it will be available in six Mexican cities initially: Mexico City, Tijuana, Monterrey, Puebla, Merida and Guadalajara.

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More Than Half Of Cards Issued Globally Were EMV-Enabled

PYMNTS

“EMVCo continues to work closely with payment stakeholders to evolve the EMV Specifications to provide a secure, interoperable foundation for emerging technologies across face-to-face and remote environments.”. percent of all card-present transactions made around the world between January and December 2017 used EMV chip technology.

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Will The Pandemic Finally Get Central Banks Interested In Building Digital Currencies?

PYMNTS

In the United States, the digital dollar was floated in a draft proposal of one of the early stimulus bills. Patent and Trademark Office that would create a digital currency underpinned by blockchain technology. A central entity may maintain exclusive rights to create or destroy currency in a region such as a nation.

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RTP Global Unveils $650M Startup-Focused VC Fund

PYMNTS

To continue supporting technology in regions all over the world from North America to Southeast Asia, Leonid Boguslavsky-founded RTP Global unveiled a new $650 million fund to keep investing in early-stage tech companies. on early-stage technology companies,” Boguslavsky said, according to reports. Our investment focus is ?