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Payments

Alipay is not the only company that is using APIs to transform payments, industry stalwart Visa is rapidly catching up with its own API library
The US Senate has passed a bill extending the Paycheck Protection Program until August 8
Research predicts a 28% annual growth rate for payments based on smartphone replicas of credit and debit cards
Payments firms Paiblock and ACI Worldwide have launched new services for banking customers to help them adapt to a post-COVID-19 world
Open banking users expected to hit 40 million by end-2021, while payments forecast to total $9 billion
McKinsey warns on the elevated risk of increased losses as the pandemic-induced unemployment rate rises
Technology companies have continued to roll out new or enhanced services for corporate and individual customers
Fraudsters have significantly expanded phishing campaigns to include COVID-19 messaging
Accelerating growth in use of Apple Pay and similar services will see market hit $416 billion by 2024, research shows
$248 billion has already been loaned to small businesses across the US, according to new data
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