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Apple Pay Coming To Vegas, But Not For Gambling

Sin City is ready to roll out the red carpet for Apple Pay, with the payment method officially becoming an acceptable form of tender at the glitzy Cosmopolitan Resort starting this June.

While Apple Pay is not quite ready for acceptance at the penny slots or video poker terminals just yet, it will be accepted to pay for hotel or bar bills, VIP services and purchases at select stores, according to the Los Angeles Times.

The Cosmo announced the service on its Twitter handle, saying visitors could “use it to pay for [their] coffee or souvenirs starting this summer.”

“As always, we are thrilled to lead the market with a new component to a Las Vegas experience that makes everything a bit faster and a great deal easier,” said Lisa Marchese, chief marketing officer of the property, according to the Las Vegas Review-Journal.

Elsewhere, Apple Pay has been taking a slow, steady approach to ignition, with major retailers such as Best Buy and Home Depot gearing up to toss their hats in the growing ring of Apple Pay supporters. Still, merchant adoption is a separate story, and one that analysts — and PYMNTS —are keeping a watchful eye on.

Who will place their bets on Apple Pay next?

 

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New PYMNTS Report: Preventing Financial Crimes Playbook – July 2020 

Call it the great tug-of-war. Fraudsters are teaming up to form elaborate rings that work in sync to launch account takeovers. Chris Tremont, EVP at Radius Bank, tells PYMNTS that financial institutions (FIs) can beat such highly organized fraudsters at their own game. In the July 2020 Preventing Financial Crimes Playbook, Tremont lays out how.

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