SAN FRANCISCO - (01/12/06) Biometric identificationcompany Pay By Touch said it has signed with two midwestsupermarket chains to allow shoppers in Minnesota and North Dakotato use their fingerprints to pay for groceries. SUPERVALU hasagreed to introduce the companys fingerprint payment systemin its five Hornbachers grovery stores in Fargo, N.D. andneighboring Moorhead, Minn., as has Cash Wise in selected stores inthe two states. The Pay By Touch system debits bank and creditunion accounts by allowing shoppers to use touch a keypad at thepoint-of-sale, instead of using a credit or debit card.
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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.
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