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The information you need to start your day, from PaymentsSource and around the Web. Today: Paytm says it's not charging "convenience fees"; Flux adds restaurant technology; Austin upgrades transit pay; Revolut rounds up for donations; A new blockchain collaboration in Singapore.
July 2
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The technology has become controversial for its potential for bias. Notre Dame professor Kevin Bowyer explains what his studies of this issue have found.
July 2
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An employee at a Canadian cooperative recently stole nearly 3 million members’ personal data. Here’s why it matters to U.S.-based credit unions.
July 2
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India’s soaring digital payments market has prompted Mastercard and Visa to increase their investments in India, targeting one of the world’s largest cash displacement opportunities while complying with local regulations such as expensive data store requirements.
July 2
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For banks and financial institutions, the wave of the future is using technology to optimize, not eliminate, their cash-handling processes, writes Diebold Nixdorf's Devon Watson.
July 2
Diebold Nixdorf -
Facebook’s plan to launch a cryptocurrency has raised concerns that state banking regulators may not be equipped to oversee large, international companies.
July 1
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Other banks say they need to add branches to attract more deposits, but Capital One is sticking to its strategy of aggressively closing them and gathering the bulk of new deposits online.
July 1
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The bank said it could record a $7 million charge in the second quarter after the client unexpectedly closed in May.
July 1
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The ban, which came to light Monday, will remain in effect until either the final disposition of Stephen Calk’s court case or until it is terminated by Comptroller Joseph Otting.
July 1
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Membership continues to rise across the Wolverine State, though at a slower pace, but lending overall is on the decline.
July 1
