November 02, 2020
Indian FinTech Creates Inclusive Services For Rural Underbanked
While much has been written about India’s vast unbanked population — roughly one-eighth by the World Bank’s estimates — the more important issue to really look at is how much...
November 01, 2020
Restoring Balance to Digital Competition – Sensible Rules, Effective Enforcement
By Philip Marsden & Rupprecht Podszun1 The EU Commission is stepping up efforts to come up with new regulations for digital gatekeepers. Executive Vice President Margrethe Vestager proposes a...
October 30, 2020
Today In Payments: Mastercard’s Cyber Secure Helps Fight Cyber Fraud;...
In today’s top news, Mastercard reveals its AI tool Cyber Secure to help banks fight cyber breaches, and Amazon reported record-setting earnings. Likewise, Alphabet reported a strong Q3, thanks in...
October 30, 2020
Today In Digital-First Banking: Mastercard Unveils Cyber Secure; Radius Bank...
In today’s top news in digital-first banking, Mastercard has unveiled its artificial intelligence (AI)-powered Cyber Secure tool suite, while Radius Bank has advanced in its relationship with application programming interface...
October 30, 2020
Inside The Factors Shaping Businesses’ Faster Payment Tool Adoptions
Slow payment options can be devastating to businesses' stability and vendor relationships, but firms often find themselves struggling to choose the right faster payment alternatives, says U.S. Bank Vice President...
October 30, 2020
Deep Dive: How Automation And The Cloud Can Improve Operational...
It cannot be overstated how integral non-cash payments are to the global economy, with the United States processing more than 174.2 billion of these payments in 2018 alone for a...
October 30, 2020
FIS President: B2B Payments Transformation Needs Strong Value Proposition
With the worst of the COVID crisis hopefully behind it, financial services giant FIS is now on the lookout for something that will utilize its now fire-tested ability to respond...
October 30, 2020
REPORT: Consumer Privacy Concerns Demand Regulatory Compliance
More consumers are turning to digital channels to make daily purchases as the pandemic continues. Emerging data privacy and open banking rules meant to regulate these digital transactions are thus...
October 29, 2020
Walmart, Digital Technology Factor Into FIS Q3 Earnings
The digital-first economy and the Worldpay acquisition both played key roles in payment processor FIS’ earnings on Thursday (Oct. 29), as the company used its announcement to spotlight a new...
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.