PHILADELPHIA - (10/07/05) -- The Philadelphia Eagles said theyhave introduced PayPass contactless credit cards with radiofrequency identification, or RFID, technology to help speedconcession purchases by season ticket holders at their homestadium, Lincoln Financial Field, this year. The MasterCard-brandedwireless technology allows a vendor's terminal to pick upinformation from the card without swiping, then transmit thedetails to the MasterCard network for processing. Several other profootball teams have also signed on to the contactless PayPass cardsfor this season, including the Seattle Seahawks, WashingtonRedskins, New York Jets and Giants; while the Philadelphia Philliesbaseball team began using the system at the end of theseason.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
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.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
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.
July 3 -
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.
July 3 -
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.
July 3