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Fintech And Coronavirus: US Stimulus Payments Boosted Mobile Banking Registrations 200 Percent

Consumer use of mobile finance, banking and insurance apps jumped 71 percent in 2019. In 2020, however, they’ve gone from nice-to-have to essential.

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Contactless Payments Skyrocket Amid Coronavirus Worries Over Handling Cash

Use of contactless mobile payments — services that once struggled to catch on in the U.S. — is surging as people come to see their phones as the safer way to pay.