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Compliance And Innovation Make Profitable Bedfellows For Banks

PYMNTS

As the world becomes increasingly digitized and more consumers embrace the speed and convenience of contactless purchases, Jim McCarthy , president of payment technology and innovation firm i2c , said banks have been left behind and should focus on what they do best — compliance. So once again, you leave it to innovators to commercialize.”.

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linked2pay Adds Automated Merchant Approval, Onboarding

PYMNTS

In a press release , the company said that it removed a barrier for acquirers and ISOs by simplifying the option to add ACH and Remote Deposit Capture for new and existing card merchants. Linked2pay, the platform provider of Bank Centric Payments, announced on Wednesday (Sept.

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DataVisor and Mitek Team Up to Help Financial Institutions Fight Check Fraud

Finovate

AI-powered fraud and risk platform DataVisor has teamed up with identity verification innovator Mitek. In addition to its solution for check fraud, Mitek also offers a low code identity verification solution, an biometric authentication solution MiPass , and Mobile Deposit , the company’s mobile remote deposit capture offering.

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Don’t Write Off The Paper Check Just Yet

PYMNTS

In the path of FinTech innovation, many expect the inevitable demise of the paper check. Earlier this month, the company announced a buyback program to help financial institutions (FIs) trade in their broken Remote Deposit Capture (RDC) tools for an upgrade. Twenty-two billion are issued in the U.S.,

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ICBA Bancard And Urban FT Link Up For Prepaid Cards

PYMNTS

We’re excited to partner with Urban FT, a leader and trusted provider in this space, as we bring innovative solutions to market that offer greater choice and convenience without sacrificing the standard of service for which community banks are known.”. Paul, Minn.-based based Sunrise Banks, a $1.1

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Technology: SME Friend And Foe

PYMNTS

From spend data analytics to cybersecurity detection, innovative tools in FinTech enable companies to gain visibility into the performance of their business. Technology has the power to help a business rise up from the competition. Small businesses, too, have an appetite for technology.

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T&E Finds Opportunity In API-First Approach

PYMNTS

While many businesses large and small continue to rely on the legacy method of expense management — that is, requiring employees to front the bill, manually fill out expense reports, and submit spreadsheets for paper check reimbursements in the mail — FinTech innovation has opened the door for significant improvements in this arena.

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