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President Donald Trump's plans to deregulate the financial services industry still lack detail, though Mastercard is betting on a more favorable legal environment in the future.
January 31
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The chip card migration took up a lot of merchants' energy over the past couple of years. As chip cards mature, merchants can and should turn to the variety of new payment options in the year ahead.
January 31
Ingenico -
To date, Ant's Alipay has been comparable to PayPal, seldom venturing beyond payments. The financial products Alipay plans to pursue as it enters new markets put it more firmly in direct competition with mainstream banks.
January 31
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The Pasadena, Calif.-based prepaid card issuer expects to gain 750,000 active new cardholders in the deal.
January 30
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Mastercard CEO Ajay Banga was among the financial services, payment and technology executives to express worry or opposition to President Trump's travel ban for certain Middle Eastern countries.
January 30
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The Lompoc, Calif.-based CU is building a new main office in Santa Maria, Calif., after topping the $1 billion mark.
January 30
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Consumers will be able to avoid manually entering a full account number on a mobile screen.
January 30
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The CFPB several years ago announced plans to introduce formal rules for prepaid cards. Issuers were optimistic, but when the agency finally published its rules, they exceeded 1,600 pages and contained some surprises.
January 30
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Congress has proposed repealing the Durbin Amendment, a move that would be costly to small businesses which have benefited from the reform.
January 30 Arkansas Grocers and Retail Merchants Association -
The upcoming launch of Zelle gives Chase, B of A, Wells Fargo and other large banks an opportunity to correct their past mistakes.
January 27
