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Fintech sector needs Brexit lift, U.K. government warned

February 26, 2021 at 05:14PM The U.K. should overhaul its stock listing rules and visa requirements to help the country’s fast-growing fintech industry compete after Brexit, a government-backed review has found.

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Certifications are more important as payment tech proliferates

February 26, 2021 at 04:00PM When managed effectively, certification bodies can coordinate industry-wide solutions to otherwise significant challenges, easing pain points and ultimately driving innovation, says Fime’s Reza Rahmani Fard.

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Why faster payments are critical to the gig economy

February 26, 2021 at 03:35PM More people are joining the gig economy, and a major driver of this trend — particularly for those working multiple gigs — is a need for faster access to cash to meet expenses.

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Biometric authentication gives cards a head start

February 26, 2021 at 05:01AM With mobile payments and banking apps on the rise, biometric authentication is now increasingly common in consumer finance, says Fingerprints’ Michel Roig.

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Demand for 5G can improve payments speed, authentication

February 26, 2021 at 05:01AM The COVID-19 pandemic led many locked-down consumers to stream or download more movies and video games, and this trend is leading to a rise in demand for faster data services such as 5G — a potential driver of payments innovation.

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Affirm debit card brings installment payments to all merchants

February 25, 2021 at 08:36PM The buy now/pay later pioneer’s new card does not require sellers to opt in if they already accept debit cards.

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Advent to merge payment firms into $3 billion company

February 25, 2021 at 06:56PM Private equity firm Advent International is merging portfolio companies Transaction Services Group and Clearent, paving the way to another payments giant.

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Compliance officers are e-commerce’s first line of defense

February 25, 2021 at 04:00PM Financial services firms, from traditional banks to fintech payment processors to data companies working in this space need to beef up their compliance teams, raise standards and improve education to ensure teams are ready to tackle the latest types of financial fraud, says ACAMS’ Rick McDonell.

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Waystar brings a P2P payment model to health care

February 25, 2021 at 02:00PM Taking a page out of the person-to-person money transfer model, health care payments software provider Waystar has added a text messaging option for patients to pay their bills.

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Zelle teams with Clearing House to speed P2P payments — and woo small banks

February 25, 2021 at 02:00PM Early Warning’s person-to-person payment network predicts that faster settlement through The Clearing House’s Real Time Payments will enhance its appeal.

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