July 28, 2014
Can Visa Checkout Ignite?
Visa Checkout launched last week as part of Visa’s efforts to be the biggest digital payments player on the planet just like it is in the physical world. Can it...
July 26, 2014
It’s Earnings Season: What We’ve Learned So Far
From a leading card network’s digital ambitions to greater clarity on a social network’s payment strategy, this year’s earnings season has produced lots of interesting insights for folks in the...
July 25, 2014
“Embrace Innovation” (Or Else Suffer The Consequences)
How can banks remain relevant with SMBs? By enabling innovators that solve their biggest payments, billing and banking problems. This may sound like heresy to a traditional banker but that’s...
July 25, 2014
The FI Payments’ Innovation Survival Kit
Competing with disruptors is out and embracing disruption is in, says Capital One’s Head of National Small Banking and Digital Platforms Brian Hamilton. He told MPD CEO Karen Webster that...
July 24, 2014
eDNA: The New Online Identifier?
How consumers interact with computers while online says a lot about them. So much so that a British company believes it can use individuals’ so-called eDNA to market products that...
July 23, 2014
Westpac Considers Replacing Physical Cards With Digital Ones
Westpac claims that it is now the first bank in New Zealand to begin a trial period of HCE mobile payments, expected to launch early next year. The three-month trial...
July 22, 2014
The mPOS Retail Makeover
So, whaddaya know? Big retailers and micro-merchants have the very same goals: serve their customers where their customers want to buy. And mPOS is the tool they are both using...
July 22, 2014
Getting The Other 60% On Board
Many U.S. adults find using mobile wallets a convenient alternative to pay for things. But Nielsen says that since only about 40 percent of consumers use mobile payments of any...
July 21, 2014
Innovation Investment Tracker | Week of July 21
An acquisition and an auction drove the bulk of investment activity last week. Of the venture back moves, alternative lending and electronification of documents paved the way. The Big Takeaways for Payments and Commerce $5.7...
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.