The remote deposit capture tech at the center of the dispute is used by 6,500 institutions. That may mean other institutions will have to pay licensing fees to USAA.
The tech company’s card seems to be raising consumers’ expectations that they should be able to get and use a card instantly and receive useful notifications.
The financial services industry has struggled with how best to explain privacy and data-sharing practices to customers. Mastercard is offering a new framework.
Large tech companies have been driving home the message that they can help the many Americans who struggle financially. But there are good reasons to be skeptical of their intentions.
Startups are increasingly expanding into new areas with their bank partners in an effort to broaden their customer base and bring products to market faster.
