June 26, 2024
FinTech Banking Partner Evolve Bancorp Hit by Major Ransomware Attack
In many ways, it has been the summer of cyberattacks and data breaches. And with the news Tuesday (June 25) that Russian-linked ransomware gang Lockbit is claiming to have stolen 33...
June 26, 2024
Pinterest Courts Gen Z With Video Sharing Feature
Pinterest has begun letting users share videos of their favorite boards to other social platforms. That’s due to a new feature called board sharing, designed to court the world’s youngest and most-digitally...
June 26, 2024
The $400 Million Problem: Intellicheck CEO Details the Cost of...
Bryan Lewis, CEO of Intellicheck, has a stark take on just how severe the damage a fraudster can inflict with a few bits of information. “People don’t realize how easy...
June 26, 2024
New Report: How the World Does Digital: A Deep Dive...
How consumers engage in the digital world provides a better understanding of a country’s level of digital transformation. But which countries are leading the pack and which are lagging? Which...
June 25, 2024
How the World Does Digital: A Deep Dive Into Global...
It’s time to take stock of global digital engagement. The pandemic has finally faded into memory and the flurry of consequential payments innovation has given way to a new round...
June 25, 2024
Bluevine and Mastercard Partner on Small Business Credit Card
Bluevine launched a Mastercard-powered small business credit card that provides 1.5% cash back on all business purchases, merchant discounts and a range of business tools. The Bluevine Business Cashback Mastercard...
June 25, 2024
New Digital Wealth Advisor Evergreen Money Launches High-Yield Checking Account
Evergreen Money introduced a high-yield checking account that offers the functionality of a traditional checking account. Deposits in the new Liquid Treasuries account are automatically swept to invest in U.S....
June 25, 2024
2024 Tech Industry Layoffs Approach the 100K Mark
Last year was a rough one for the tech industry, which lost 260,000-plus jobs. Halfway into 2024, the sector has already cut 99,672 positions, Seeking Alpha reported Monday (June 24), citing...
June 25, 2024
Trending: Banking-as-a-Service Upheaval Will Stabilize
One of the themes in PYMNTS’ monthly “What’s Next in Payments” series is that the Banking-as-a-Service (BaaS) model is under pressure right now. Synapse declared bankruptcy, while Evolve Bank and...
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.