April 28, 2013
Berlin Warms Up To Bitcoin
A small neighbourhood in the southern district of Berlin has warmed up to Bitcoin, with about a dozen shops now accepting the latest craze in virtual currency. Kreuzberg holds the highest...
April 24, 2013
20130424-Snap, Crackle And Pop: Money Transfer Made Easy
Consumers no longer have to divvy up shared taxi fares, restaurant bills or other group purchases on the spot – P2P payments have gone digital and are now easier than...
April 23, 2013
Snap, Crackle And Pop: Money Transfer Made Easy
By Leeann Cannon, Editorial Director, PYMNTS.com Gone is the need to hassle over shared taxis fares, restaurant bills or other group purchases — peer-to-peer payments have gone digital and are now...
April 17, 2013
Alternative eCommerce: How Far Has Europe Come?
Alternative payments are consistently expanding across online economies around the world. A recent report from WorldPay, who recently announced completion of Visa EMV acquirer testing, revealed that alternative payments account...
April 17, 2013
AIB Introduces Ireland’s First Digital Banking Store
AIB has announced the introduction of the first digital banking store in Ireland, located in the capital’s Dundrum Town Centre, reports Business World. The digital store, titled “The Lab,” was...
April 16, 2013
Turkey Offers First mPayment On Public Transport
Turkey has been a global leader in adopting new digital technologies as they have achieved many firsts in the banking sector. The country, still in line to become a member...
April 15, 2013
Spain To Join Leading EU Countries In Payments Revolution
A growing number of consumers around the world are adopting mobile and contactless payments into their shopping routine. Sweden, Denmark and Finland were the first leaders amongst the EU, taking...
April 11, 2013
Swedish Banks Continues to Go Virtual
Sweden has come a long way since 1661, when they became the first European country to introduce bank notes. Now many of the country’s largest banks, including SEB AB, Swedbank...
April 09, 2013
Moven Founder On The “Inevitable” Death Of Traditional Banking
The 21st annual International Payments Summit held in London, commenced Tuesday April 9. Over 400 senior level executives from around the world have congregated in the capital city to discuss...
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.