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Chase to temporarily close 20% of branches due to pandemic 

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JPMorgan Chase told its employees today it will be closing about 20% of its branches starting tomorrow. A Chase spokesperson told Bank Innovation the move would “help us protect our employees as we provide essential services to our customers and the communities we serve.”  The closures come at a time when banks are increasingly promoting …Read More

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Source: https://bankinnovation.net/allposts/biz-lines/retail/chase-to-temporarily-close-20-of-branches-due-to-pandemic/

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Open Banking related Services are Now Key Focus Area for Professional Bankers Globally: Report

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Banking software firm Temenos (SIX: TEMN) has released a report, titled “Open Banking: Revolution or Evolution?”, which was authored by the Economist Intelligence Unit (EIU) and it’s also based on a survey of more than 300 senior banking professionals. The report revealed that almost half… Read More

The post Open Banking related Services are Now Key Focus Area for Professional Bankers Globally: Report appeared first on Crowdfund Insider.

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Source: https://www.crowdfundinsider.com/2021/03/172741-open-banking-related-services-are-now-key-focus-area-for-professional-bankers-globally-report/

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UK Finance Publishes Open Banking Blueprint Including “Future Entity”

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UK Finance has published a proposal for a “new service company” that will support the UK’s open banking infrastructure, according to a public statement. UK Finance is described as the collective voice for the banking and finance industry representing over 250 firms in the UK…. Read More

The post UK Finance Publishes Open Banking Blueprint Including “Future Entity” appeared first on Crowdfund Insider.

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Source: https://www.crowdfundinsider.com/2021/03/172778-uk-finance-publishes-open-banking-blueprint-including-future-entity/

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Cash Usage Declined, Contactless Payments have Increased Considerably, According to Jodie Kelly from Electronic Transactions Association

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The Coronavirus outbreak has led to a dramatic surge in demand for contactless payments options, which has accelerated the ongoing shift from cash transactions to safer digital payment methods. Jodie Kelley, CEO at Electronic Transactions Association, has noted that during the past 6 to 8… Read More

The post Cash Usage Declined, Contactless Payments have Increased Considerably, According to Jodie Kelly from Electronic Transactions Association appeared first on Crowdfund Insider.

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Source: https://www.crowdfundinsider.com/2021/03/172740-cash-usage-declined-contactless-payments-have-increased-considerably-according-to-jodie-kelly-from-electronic-transactions-association/

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Bitpanda Joins Forces With Contis to Launch New Visa Debit Card

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    Austria-based digital investment platform  Bitpanda announced on Tuesday it has joined forces with payment processing platform Contis to launch its new Visa debit card. Through the partnership, Bitpanda will be using Contis’ “zero balance” technology, which notably removed the need to liquidate assets… Read More

The post Bitpanda Joins Forces With Contis to Launch New Visa Debit Card appeared first on Crowdfund Insider.

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Source: https://www.crowdfundinsider.com/2021/03/172775-bitpanda-joins-forces-with-contis-to-launch-new-visa-debit-card/

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