SAN FRANCISCO - (10/06/05) -- Pay By Touch Solutions, the pioneerin fingerprint biometrics that has been introduced at the checkoutline at hundreds of supermarkets, reported Wednesday it hasacquired ATM Direct, the provider of an all-software solution thatallows PIN debit payments online. ATM Direct has a patent pendingsoftware that allows for secure entry of an ATM or check card PINnumber for purchases made over the Internet, allowing real-timepayments just like cash. Separately, Pay By Touch announcedWednesday it raised $130 million this week with a new debtoffering. Pay By Touch has rolled out its fingerprint paymentterminal at Piggly Wiggly supermarkets, Albertsons and SuperValustores.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
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Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
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In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
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