Financial services

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Bulgari to safeguard consumers’ data in Swiss bunker via app

July 21, 2016

Italian jeweler Bulgari is crossing over into the consumer solutions sector with the introduction of its Bulgari Vault mobile application.

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How Visa continues to advance mobile payments at the Rio Olympics

July 11, 2016

In the latest contactless payments development for the Rio Olympics, Visa has partnered with Swatch to introduce an NFC-enabled watch in Brazil, enabling consumers to pre-load funds into their associated bank accounts and make a purchase within seconds.

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American Express blends finance with contextual tips in Facebook chatbot

July 7, 2016

American Express cardholders will be able to interactively manage their credit accounts through a chatbot in Facebook Messenger, streamlining customer service for on-the-go consumers.

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Shoppers prefer retailers’ payment apps to Apple Pay, Android Pay: report

July 5, 2016

Consumers are embracing mobile payment applications, with more than 25 percent of smartphone owners in the United States using these platforms at least once a month, according to new research from Parks Associates.

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Luxury assets immune to Brexit fallout: Borro

June 28, 2016

United Kingdom-based secured lender Borro is predicting hard luxury assets, including art and classic automobiles, to be tangible stores of wealth in the aftermath of the European Union referendum.

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BMW seeks disruptive financial technologies at new Innovation Lab

June 27, 2016

German automaker BMW has created a financial services innovation lab to encourage early-stage startups to partner with its brand.

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High-net-worth individuals’ assets to pass $100tn by 2025: Capgemini

June 24, 2016

Asia Pacific’s high-net-worth individuals have the greatest collective wealth of any region globally, putting them ahead of North America’s affluent for the first time, according to Capgemini’s World Wealth Report.

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Cyber attack damages cost 10-20x more than expected: Deloitte

June 16, 2016

The costs most commonly associated with security compromises amount to less than 5 percent of the business impact, according to Deloitte Advisory.

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Express checkout adoption strong on mobile as options proliferate

June 3, 2016

While mobile shoppers are embracing one-click checkout buttons, retailers are likely to integrate only several out of a quickly growing number of options, suggesting not all will survive.

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MasterCard exec: Selfie payment verification is viable for in-app purchases

May 27, 2016

NEW YORK – A MasterCard executive at Mobile Moments NYC May 25 discussed the company’s continued innovation in payment authentication methods as well as biometrics, naming its selfie pay option as particularly effective for consumers making in-application purchases.

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