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- The Western Union Co. announced a data-sharing service aimed at allowing businesses to use information from the payments platform to more sharply target marketing efforts at consumers globally.
- Visa Inc. has agreed to support palm-recognition technology for payments developed by Tencent, the China-based social-media company, starting in Singapore.
- The fintech PhotonPay announced it will become a Mastercard issuer in Hong Kong, leading to the launch this month of the company’s Mastercard Commercial Credit Card.
- A payments processor called Aeon introduced a “scan-to-pay” capability for QR-code-based cryptocurrency payments in Southeast Asia.
- Bitcoin on Sunday hit the $80,000 plateau for the first time as traders expect a more friendly approach to digital currency with the onset of the Trump administration.
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