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Mastercard is expanding its Crypto Credential to self-custody wallets in collaboration with Polygon Labs and Mercuryo. This expansion introduces “verified, username-style aliases that replace long wallet addresses,” the companies said in a news release Tuesday (Nov. 18). Mastercard picked Polygon as the first blockchain network to power this launch, pointing to its speed, reliability,...
Credit unions are discovering that the youngest generation in their membership base is not simply digital-first. They are digital-fluid, moving between screens and branches with ease, and they expect financial partners to keep up. That shift is producing a new set of pressures for an industry that has historically relied on long-term loyalty. The PYMNTS Intelligence report, “Digital-...
Watch more: Digital Shift: Citi’s David Griffiths Citi is deepening its use of artificial intelligence (AI) across the enterprise with the launch of an upgraded Stylus Workspaces, an internal productivity platform designed to automate multistep workflows and enable more autonomous execution across its operations. Chief Technology Officer David Griffiths told PYMNTS the initiative marks...
From early chatbots to newer generative models, artificial intelligence (AI) has been a key disrupter of the digital economy. However, these models still rely on human input. Now a new iteration points the way toward the future of eCommerce. Agentic AI is an autonomous actor capable of moving value through this system with unprecedented speed. AI-powered digital agents are more than just...
Watch more: Digital Shift: Marqeta’s Todd Pollak According to Marqeta Chief Revenue Officer Todd Pollak, the future of payments is being built by ecosystems in which merchants and consumers drive change and flexible credentials are firmly in the mix. As card usage rises and cash fades, several intermediaries, like delivery platforms, marketplaces and on-demand providers, now sit...
Watch more: Need to Know: Thales’ Caio Reis Behind all the talk about real-time rails and artificial intelligence, card programs remain the spine of the modern payments experience. In a market increasingly defined by digital experiences, Thales said transforming how to issue, tokenize and manage cards can be just as important as the payment itself. In an interview with PYMNTS, Caio...
DoorDash said that a social engineering scam led to a data breach that exposed the personal information of consumers, gig workers and merchants using its platform. The personal information that was accessed by an unauthorized third party varied by individual and may have included first and last name, phone number, email address and physical address, the company said in a Thursday (Nov...
Equifax said Monday (Nov. 17) that it acquired Vault Verify, a company that offers services that include employment and income verification. This acquisition enhances the data that Equifax already provides to verifiers and provides another mechanism for employers to provide data to a verifications provider, Equifax said in a Monday press release. Vault Verify provided a link to the...
JPMorganChase will host more than 20 free educational workshops across the United States this week to mark International Fraud Awareness Week. The workshops are designed to help the public recognize and protect themselves from fraud and scams, JPMorganChase said in a Monday (Nov. 17) press release. “These workshops are an integral part of Chase’s multilayered approach to fraud and scam...