June 06, 2013
Turkey’s Payments Power, France’s Digital Denial And The New M-Pesa
The payments industry is a compelling space, but it’s a time consuming one as well. You might not have time to keep track of every major story and trend or...
June 04, 2013
Facebook Banking Takes Off In Turkey
Mark Zukerberg himself was likely ill prepared for the impact that Facebook would have on the world. The social network site has permeated almost every sector of business – even...
June 03, 2013
Fed Reveals Closer Look Into Online Payments Platforms
Are online payments platforms coming under closer scrutiny from the U.S. government? It’s a question that’s been top of mind for many in the payments space of late, thanks to...
June 02, 2013
FinCEN Chief: We Are Not Targeting Digital Currencies
Financial Crimes Enforcement Networks director Jennifer Shasky Calvery has stated that the government is not specifically targeting digital or virtual currencies. In a Q&A with American Banker, Calvery emphasized that...
May 31, 2013
Deep Dive: Digital Tech And Payments In Turkey
Turkey has a young population, a rapidly growing bankcard market, high mobile phone penetration and a robust economy. All of these credentials have prepared Turkey, soon to be inaugurated into...
May 28, 2013
As Kenyan eCommerce Grows, So Too Does Cyber Crime
Kenyans are enjoying the fruits of an improved information and communication technology system, but unfortunately, so too are cyber criminals. Standard Digital reports that Francis Wangusi, director general of communications...
May 28, 2013
PayPal Plans Launch Into Russia After NCBI Licensing
PayPal has completed one of the last obstacles that stood in the way of beginning its services in Russia. It was recently announced that PayPal finally received its “Non-Credit Banking...
May 23, 2013
Contactless Conundrums, French Fashion Findings And Checking Up On The...
The payments industry is a compelling space, but it’s a time consuming one as well. You might not have time to keep track of every major story and trend or...
May 22, 2013
SumUp Adds Russia To Its European Equation
SumUp is showing no sign of slowing down as it continues to plow through the European market with the announcement of its launch into the Russian market. The Russian launch...
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.