May 31, 2024
Dissecting the Criminal Mind: Why They Target Company Data
Data is the oil of the 21st century, as you’ve likely heard. That’s because digital information acts as both a lubricant and an ignition agent for nearly every innovation transforming...
May 31, 2024
Revolut to Expand in Asia-Pacific, Build on Success in Australia
London-based FinTech company Revolut has reportedly set its sights on the Asia-Pacific (APAC) region for its global expansion strategy. Charlie Short, head of growth at Revolut, told Bloomberg the company...
May 31, 2024
Bank of America: Collaboration and Innovation Will Drive the Future...
Payments modernization, depending on the financial services company, will be synonymous with upgrades. But it also needs to be synonymous with innovation, collaboration and business outcomes. As Wally Mlynarski, head...
May 31, 2024
FinTech IPO Index Gains 1.2% as MoneyLion and Sezzle Surge
Earnings dragged down several names in the FinTech IPO Index, but the overall performance was positive, up 1.2%. A few double-digit gainers led the way. MoneyLion shares gained more than...
May 31, 2024
Core Strength: FIs Must Modernize to Meet the FinTech Challenge
Banks are increasingly aware of the competitive threat posed by digital-native FinTechs, which are quickly gaining market share with innovative digital offerings. Until 2024, only a minority of bankers saw...
May 31, 2024
Fiserv GM on the Pot of Gold at the End...
As payments shift from traditional and manual workflows to automated, digital ones, everything will change. And that’s a good thing for global commerce. “Across the global landscape, three things are...
May 30, 2024
This Week in B2B Innovation: Embedded Experiences, AI and Leverage
Digital is a one-way street. And that street is being populated by B2B firms who aren’t looking back after embracing digital innovation to both compete in new markets while at...
May 30, 2024
Google Cloud and iBind Partner to Streamline Banks’ Onboarding Experience
iBind Systems, a FinTech startup based in Bangalore, India, announced a collaboration with Google Cloud to modernize the onboarding experience for banks and financial institutions. By integrating iBind’s corporate banking...
May 30, 2024
NatWest Extends Mastercard Business Savings to Debit Cards in UK
NatWest has extended the Mastercard Business Savings program to include small business debit card customers in the United Kingdom. Previously, the program was only available to NatWest and RBS business...
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.