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San Francisco May Be First City To Ban Facial Recognition

PYMNTS

The city of San Francisco moved a little closer to banning facial recognition software after adding amendments to the Stop Secret Surveillance ordinance. If it passes, San Francisco would become the first city to ban the technology that is used to unlock mobile devices and make purchases.

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Ampm opens autonomous convenience store in San Francisco stadium

Payments Dive

The store uses AiFi and Verizon Business technology to power a frictionless shopping experience where customers swipe a credit card at the entrance, grab their items and leave.

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The 11 Companies Announced for the Bank Innovation 2018 DEMOvation Challenge

Bank Innovation

These 11 companies will present technologies and products in front of an attentive audience of fintech professionals during Bank Innovation 2018, which will take place this March in San Francisco. This morning, Bank Innovation officially announced the 11 companies that will be participating in its 2018 DEMOvation Challenge.

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FitPay Founder & COO Michael Orlando Joins Bank Innovation 2018

Bank Innovation

EXCLUSIVE- Michael Orlando, founder of FitPay, a provider of payment technology for wearables, has joined the speaker faculty for Bank Innovation 2018, which takes place March 5-6 in San Francisco. The company went on to be acquired by security technology company Next-ID Inc., Orlando founded FitPay in 2014.

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Contactless Payment Platform FitPay Gears Up for Next Growth Phase

Bank Innovation

EXCLUSIVE – When the co-founders of FitPay, a contactless payment technology provider, agreed to be acquired by security tech company NXT-ID back in May, the primary goal behind the deal was to enable growth for the San Francisco-based startup. And grow it did.

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Digital Mortgage Technology Platform Blend Raises $100M in Funding

Bank Innovation

Digital mortgage technology startup, Blend, raised $100 million in a Series D round, bringing its total funding to $166 million, the company said Thursday. Based in San Francisco, Blend was established […]. Based in San Francisco, Blend was established […].

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Banks Are ‘Dipping Their Toe’ into Public Blockchains, Says Chain CEO [VIDEO]

Bank Innovation

Blockchain technology has been talked about in banking for so long that readers here can be excused for being a bit jaded on the subject. The technology has been touted as solving just about every problem bankers face, but as Adam Ludwin, CEO of Chain, told us in San Francisco at Bank Innovation 2018 earlier.Read More.