VeriFone Systems Inc. said Monday that Consorcio de Tarjetas Dominicanas SA, or CardNET, would use its VeriFone Total Protect encryption service.
The Dominican Republic processor is the terminal maker's first client in the Caribbean region. CardNet will use VeriShield to encrypt card data end to end. VeriFone, of San Jose, Calif., has partnered with RSA, the security division of EMC Corp., to provide the tool.
At an industry conference Tuesday, bankers said that an extended war with Iran will result in adverse economic conditions, including inflation.
Kim Farrell, former global head of creators for TikTok, joins the Brazil-based neobank to develop its international brand strategy as it expands into the U.S.
Dean Bass, who served as CEO at two Houston community banks, plans to acquire Lone Star Bank in a deal expected to close this summer.
The online lender, known for being an AI pioneer, says it wants a national bank license simply for efficiency's sake.
Visa is using AI agents to streamline payment disputes, while Mastercard launched "digital executives" for small businesses.
Comptroller of the Currency Jonathan Gould said that the Office of the Comptroller of the Currency would continue to pursue its view on federal preemption of state banking policy in court and in Congress.
