ENGLEWOOD, Colo. – Dynamic Card Solutions, provider of the CardWizard instant card issuance device, said it has upgraded its software that allows credit unions and banks to issue contactless cards.
Contactless personalization will be available with the company’s 20/20 full card instant issue solution, along with the Datacard 150i embosser.
CardWizard contactless system will issue cards with both chips and magnetic stripes.
A July pickup in activity is just a start, experts say. The banking industry's drive for scale and greater efficiency is expected to drive a renewed wave of consolidation, pushing the institution count lower.
Administration of the Community Development Financial Institution Fund at the Treasury Department will be led by the CDFI Fund's legal counsel following the resignation of the fund's director.
Paxos and Mastercard are among the firms betting that legal clarity will lead to a wider range of stablecoin users.
Google, Oliver Wyman and Corridor Platforms offer bankers a safe space where they can experiment with using generative artificial intelligence for customer interactions.
The Treasury's financial crime agency delayed enforcement of a variety of Bank Secrecy Act requirements for investment advisors in order to gain time to revise and tailor regulations.
Kate Luft, a former chief of staff for Citi CEO Jane Fraser, is now running the company's U.S. retail banking business. In her first interview since getting the job, Luft discussed what banks can learn from airlines and the advantages that incumbents have over fintechs.
