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Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: PayPal's earnings boost; Stripe buys tax tech; UniCredit suffers a breach; ItzCash raises funds.
July 27
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Companies planning to raise money by selling electronic tokens for cryptocurrencies said they won't be put off by SEC warning of regulation; soaring costs trigger exodus from traditional coastal financial hubs.
July 27
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The Riverwoods, Ill., company is trying to assure Wall Street that its higher chargeoff rates signal a return to normalcy, rather than a cause for alarm.
July 27
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Wirecard has released a flurry of products in recent months as it builds a global footprint, and its most recent effort focuses on risk management for small businesses that want to sell online.
July 27
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When breaches occur it is the standard practice for the notification to come directly from the company affected. The difference with Discover's service is that, because it's an opt-in program, its users may already be bracing themselves for bad news.
July 27
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Cash and checks are still the most transparent and predictable form of payment for grocers, writes Mark Horwedel, CEO of the Merchant Advisory Group.
July 27
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The Blairsville, Ga., bank is in growth mode with strong second-quarter lending performances and two deals in the works, but its provision for loan losses was described as too low in one research note.
July 26
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Bank of America will tokenize BofA cards across Mastercard and Visa portfolios in the U.S., supporting PayPal's mobile wallet.
July 26
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20 Minnesota credit unions now offer the program, members have put $3.5 million in 5,000 accounts.
July 26
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A task force convened by the Federal Reserve released its evaluations last week of 16 proposals to build a faster U.S. payment system. What follows is a brief look at some of the plans that received high marks.
July 26
