October 27, 2020
Citi Says Pandemic Has Accelerated Cross-Border Payments
The pandemic has highlighted the importance of fast and efficient cross-border payments. Citi Global Head of Cross-Border Payments Amit Agarwal told PYMNTS in a Masterclass that the pandemic has accelerated...
October 26, 2020
Today In Digital-First Banking: Penta Will Now Take Deposits From...
In today’s top news in digital-first banking, digital bank Penta will now accept overnight and term deposits from Germany’s WeltSparen, while BPCL has teamed with Fino Payments Bank to offer...
October 26, 2020
London & Partners: FinTechs Tackle Coronavirus Crisis Through Collaboration, Innovation
Like most companies around the world, London’s FinTech firms have responded to the coronavirus with new innovations and partnerships. Laura Citron, CEO of London & Partners, explains how the firm...
October 26, 2020
Digital Dilettantes Don’t Cut It In Multichannel Commerce
It’s weird to think that when 2020 dawned, physical retail still towered over eCommerce. PYMNTS’ October Mastering Multichannel Commerce Playbook: Digital Payments And The Road To Growth, done in collaboration...
October 26, 2020
J. P. Morgan: Making Digital Payments Simple, Seamless And Secure
Reetika Grewal, head of commercial digital banking for J.P. Morgan, talks to PYMNTS about the biggest change the banking giant has seen since the start of the pandemic: the digitization...
October 25, 2020
Penta Collab Improves Interest Rates For SMBs
Digital bank Penta, which works to provide services for small- to medium-sized businesses (SMBs), will now accept overnight and term deposits from Germany’s WeltSparen, which can help clients’ interest rates,...
October 25, 2020
StreetShares Nets $10M To Expand SMB Lending Tech
FinTech StreetShares, which works to aid financial institutions (FIs) in providing loans for small- to medium-sized businesses (SMBs), has secured $10 million in a funding round, according to a press...
October 23, 2020
Bank Of Japan: Potential CBDC Rollout Hinges On Public Support
Amid increased interest in cryptocurrencies from policy makers and central banks due to China’s intentions to issue a digital yuan, a Bank of Japan official said the bank’s move to...
October 23, 2020
Apple Pay, X-Border Invoices, Quick Accept Top This Week’s News
It was a busy week for commerce and payments, as Apple Pay turned six and J.P. Morgan Chase is banking on QuickAccept to edge out FinTech rivals Square and PayPal....
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.