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Scrapping the £100 Contactless Limit: What It Means for Consumers, Merchants and Security

The Fintech Times

Contactless payments are now the norm Jana Mackintosh, managing director of payments and innovation at UK Finance Jana Mackintosh, managing director of payments and innovation at UK Finance, sees the FCAs consultation as a positive step but believes that setting contactless limits should be left to the industry rather than imposed by regulators.

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Adyen opts for build over buy

Payments Dive

Sharpening its edge in the market is key because Adyen operates in a highly competitive arena, against processing behemoths Fiserv, with its Clover point-of-sale services, and Worldpay, now a unit of Global Payments. Then there are digital rivals PayPal Holdings and Stripe also battling for merchants’ payments volume.

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TBC Uzbekistan Announces Strategic Partnership With Visa

Fintech Finance

TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, announces its long-term strategic partnership with Visa, set to broaden and expand its global payments and money transfers infrastructure. TBC Uzbekistan is part of London-listed TBC Bank Group PLC.

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Stake launches Pay to Card to speed up real estate payouts

The Paypers

Developed in partnership with payment technology firm Checkout.com, this feature allows investors to receive dividends and returns directly on their bank cards, reducing withdrawal times compared to traditional methods.

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U.S. Bank and Fiserv launch integrated Agent Card Issuance solution

The Paypers

Bank’s Elan Financial Services credit card program into Fiservs Credit Choice solution. Fiserv provides a range of solutions for its clients, including account processing, digital banking, card issuer processing, payments, ecommerce, merchant services, and Clover, which is an advanced point-of-sale system.

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La Banque Postale Customers Can Send Global Transfers Via Western Union

PYMNTS

La Banque Postale is the banking subsidiary of France’s postal services operator, La Poste Group , and is also one of the country’s biggest financial institutions (FIs). As a Western Union payment agent, it is working to grow digital payments across the globe. La Banque Postale’s 10.3

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Alipay+ Enables Digital Payment of 14 Overseas E-wallets From 9 Countries and Regions in Hong Kong to Support City’s Global Travel Drive

Fintech Finance

Through this expansion, we expect to provide a high-quality payment experience for both Korean users and Hong Kong merchants,” said Won-Keun Shin, CEO of Kakao Pay, South Korea. “We We have been cooperating with Alipay+ to ensure that digital payments take root around the world and will continue innovation together,” said Shin.