5 Must-Reads This Week: Brexit, Quick Chip and Fraud

July 1, 2016 CO-OP Financial Services

Insight Vault Week in ReviewBritish Voters Frantically Google “Brexit” After Vote Is In
The Washington Post
Why did British voters frantically Google, “What does it mean to leave the EU?” and “What is the EU” after their votes on Brexit? Takeaway: Financial education is a timely, worldwide issue.

 

What Will Brexit Mean for Financial Services and Fintech?
PYMNTS
Financial services and fintech firms have likely just seen the complexity and cost of doing business exponentially increase — unless the separation agreements are drawn to mitigate those effects.

 

Discover Joins The ‘Quick Chip’ Bandwagon
PYMNTS
“Quick Chip” seems to be the trendiest phrase in the financial services industry when it comes to EMV migration. What is it and how is Discover making it happen?

 

Apple Pay Arrives on Bank of America ATMs
Macworld
You don’t need your debit card to take money out of the ATM anymore, which could be dangerous. Finding a Bank of America branch with NFC-compatible ATMs will be the biggest challenge.

 

Last Call for Old School Credit Card Fraud in the U.S.
Bloomberg Technology
The slow transition to chip credit cards by U.S. retailers hasn’t gone unnoticed by criminals.

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