Technology

The card brand has built a sizable business after receiving approval to operate in China eight months ago.

Issuers should use the next year to build their own card program, tailored for their market's specific needs, says Zeta's Bhavin Turakhia.

Long after the pandemic is finally behind us, the many security and financial benefits owners, management companies and fans alike receive from having the technology in place will remain too invaluable to ignore, says Corsight's Rob Watts.

Affirm's deal to buy Returnly emphasizes the need to simplify the process when a point-of-sale lender stands between the consumer and merchant.

Ken Meyer, who will speak at American Banker's Digital Banking AI & Automation conference next week, says banks should be able to quickly catch up with big technology companies and financial services upstarts in the adoption of artificial intelligence without alienating customers or running afoul of regulators.

Amazon.com is poised to bring its automated checkout technology to full-size supermarkets, a significant milestone in the race to revolutionize how people buy their groceries.

The agency will hold an exercise this summer related to emerging fraud risks and one board member suggested Congress should once again consider allowing the NCUA to oversee third-party vendors — a measure that would cost the regulator roughly $2 million a year.

On its path to diversify beyond check printing, Deluxe has agreed to purchase Texas-based merchant services firm First American Payment Systems for $960 million.

More than 50 countries support Apple Pay, which launched seven years ago, but adoption still lags in certain developed regions including Israel, Mexico and South Africa.

The card brand is expanding identity theft protection and using data analytics to reach beyond its current customer base.