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Financial Inclusion Through Innovation: Scaling Digital Payments in India

Finextra

841 Report Share Channels /payments /markets Payments strategies 2015-2020-2030 Payments systems visions, strategies, trends, pilots, forecasting, and planning for the short-, medium-, and far-term. External This content is provided by an external author without editing by Finextra.

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Federal Reserve Names New Payments Strategy Director

PYMNTS

Federal Reserve has named a new payments strategy director tasked with heading the agency’s payment system improvement initiatives. The position means Sapenaro will lead the Fed’s efforts as outlined in a paper titled Strategies for Improving the U.S. Payment System published in early 2015.

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Ingenico appoints former CEO of Visa Europe as top strategy exec

Payments Source

At Ingenico, Nicolas Huss will help lead omnichannel payments strategy. Huss led Visa Europe starting in 2013, and in 2015 Visa announced plans to reunify the unit it had spun off a decade earlier.

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PayPal Boosts Venture Team With Wells Fargo Exec

PYMNTS

PayPal spun off from eBay in 2015 and has been doing well for itself through the pandemic, with record-high quarterly numbers. CEO and President Dan Schulman said Q2 was the company’s strongest ever, adding people would likely adopt PayPal’s digital payment strategies in their lives from now on.

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Visa Taps New Head Of Seller Solutions

PYMNTS

Visa noted that Bowman comes to the company as point of sale moves from traditional payment acceptance to experiences based on digital and cross-channel payments. Bowman comes to Visa from Square , where Bowman was a “big hire” for the company in 2015, according to CNBC.

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The ABCs Of ATM Fraud

PYMNTS

News earlier this month that compromises at ATMs (read: fraud) were at the highest levels in 2015 than had been seen in years (according to FICO) brings back some concerns over how strong security is, or isn’t, at the point of cash dispensing.

ATM
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Federal Reserve Forms Group To Focus On Faster Payments In US

PYMNTS

The 27-member team, originally called the interim collaboration work group, was established by the Faster Payments Task Force and described in its July 21 final report titled, “The U.S. Path to Faster Payments.”. Created in 2015, the Federal Reserve Faster Payments Task Force looked at ways to make U.S.