BY David Heun
If Capital One can lure a highly regarded expert like Dan Makoski from Google to head up the bank's payment technology development, it stands to reason other banks would do the same. Maybe. But it won't be easy, experts say.
Banks and payment service providers face increasing competition today in onboarding new merchants. For many of them, the merchant onboarding process is very time-consuming, inflexible and costly. more »
As the payments industry attempts to standardize the process of using a token to replace sensitive data, the end result may still involve several different approaches. more »
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