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Weekly Wrap: The rise of contactless payments and Bank of America breaks patent records

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Share Contactless payments are here to stay in the post-COVID world, according to recent data from Amex, but cash’s staying power may hinder banks from fully realizing the efficiencies of digitized payments. Meanwhile, Bank of America filed a record 415 patent applications during the first half of 2020, with a clear focus on AI and …Read More

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Source: https://bankinnovation.net/allposts/biz-lines/payments/weekly-wrap-the-rise-of-contactless-payments-and-bank-of-america-breaks-patent-records/

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