- XCore Technologies, a component maker for card manufacturers, introduced a technology that it said eliminates issues when making a contactless payment using a metal card.
- TruRating Ltd., a technology company specializing in point-of-payment customer feedback services, announced it has joined the app marketplace of point-of-sale terminal maker Poynt.
- In an interview with Britain’s Financial Times, Visa Inc. chief financial officer Vasant Prabhu said Bitcoin and other cryptocurrencies are in a bubble, and that they find favor with “every crook and every dirty politician in the world.”
- The newly released 2018 Joint Economic report from Congress includes an entire section on cryptocurrencies, marking the first time the annual report has mentioned them in a substantial way, Coindesk reported.
- The Federal Reserve Bank of Boston will conduct webinars March 21 and March 22 to review results of a mobile-banking and payments survey conducted in seven Federal Reserve districts that obtained responses from 706 financial institutions.
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