October 06, 2014
Is Auto Billing Really The Best Option?
To auto-pay or not to auto-pay? That is the question for many B2B companies on both the buyer and supplier side. With digital invoicing becoming more common, it is easy...
October 02, 2014
What Pumps the “Heart of Mobility” in Payments
The recent shifts in the payments industry – Apple Pay, an independent PayPal, a publicly traded Alibaba – has forced everyone to think well beyond secure payment transacting to secure...
October 01, 2014
Bank of America Merrill Lynch Rolls Out Digital Disbursements
Bank of America Merrill Lynch on Tuesday (Sept. 30) launched a product called Digital Disbursements, which is designed to allow for digital payments right into bank accounts, using only a...
September 29, 2014
Barclay’s Reports Mega Mobile Transaction Volume
Barclays UK has announced the bank is now handling more than $6.52 billion in payments and transfers per month through its Pingit and mobile banking applications This, however, is just...
September 25, 2014
Citi Ditches Paper Checks
Citi is finding that for a growing segment of consumers, the demand for physical paper checks has simply fallen to zero. Citi wants to reach those customers and earlier this...
September 22, 2014
It Takes A (Security) Standard
Mobile devices and ways to pay are increasingly popping up in markets around the world, vastly revamping the payments ecosystem. But as enthusiastic consumers jump to take advantage of new...
September 18, 2014
Why Merchants Shouldn’t Chase Shiny Objects in Cross-Border Markets
Merchants looking to sell in cross-border markets should take note of important rule: “Do your homework,” says Souheil Badran, Senior Vice President and General Manager, Digital River. In a recent...
September 16, 2014
Glitches At BBVA’s Simple Illustrate Digital Banking’s Difficulties
For weeks, customers and BBVA’s digital exertion, Simple have complained about delays or total failures in scheduled payments as well as intermittent problems Simple’s perhaps unfortunately named app’s “Safe to Spend”...
September 16, 2014
How Telcos, MTOs and Banks Could Crash Over Remittances
Incumbents such as Western Union and MoneyGram do it. Traditional players do it. So, still, do some banks. And Telcos do too in some markets. The “it” is enable people...
With nearly half of CU executives saying a lack of resources prevent them from bringing innovations to market, CUs are stuck piloting the digital innovations their members crave — and are willing to switch FIs for. The rise of strategic mergers is a way that some CUs are exploring to pool resources, innovate and drive scale. Read more in the “Credit Union Tracker®,” a collaboration with PSCU.
To drive growth and reduce churn, credit unions should invest in digital solutions that improve user experience, offer robust security features, and provide convenient self-service options tailored to the preferences of Gen Z and millennial consumers. PYMNTS Intelligence’s latest 40-page report,“How CUs Can Drive Engagement with Self-Service Banking Innovation,” a collaboration with Velera (formerly PSCU/Co-op Solutions), examines why CUs need to up their self-service banking innovation.