October 01, 2020
Mastercard On The ‘Digital-First’ Transformation Of Credit Cards Into Daily...
The great digital shift is transforming credit cards into money management tools. In an interview with Karen Webster, Jess Turner, EVP of products and innovation for Mastercard, said the continued...
October 01, 2020
Banking-As-A-Service Helps Corporates Monetize New Payments Flows
More than 40 percent of United States businesses received at least some of their invoices in 2019 via a form of communication that many younger generations may have trouble identifying,...
October 01, 2020
Elan On The Four Pillars Of A Successful Mobile Card...
The plastic card, by necessity, is giving way to digital cards, and mobile apps are bringing card-not-present transactions, increasingly, to mobile devices. In an interview with PYMNTS, Jennifer Miller, senior...
September 30, 2020
S.Korean FinTech Kakao Pay Preps For IPO
Kakao Pay is set to be the first South Korean FinTech working with mobile payments to undertake an initial public offering (IPO), according to a report from The Paypers. The...
September 30, 2020
Memo Bank Launches Interest-Bearing Account For Businesses
Paris-based business bank Memo Bank is offering a new product three months after obtaining its full banking license, the company said on Wednesday (Sept. 30). The bank is touting its...
September 30, 2020
Today In Digital-First Banking: Marqeta Debuts Tokenization-as-a-Service; BNY Mellon Names...
In today’s top news in digital-first banking, global card issuing platform Marqeta debuted its Tokenization-as-a-Service (TaaS) offering, while the Bank of New York Mellon (BNY Mellon) has named a new...
September 30, 2020
Deep Dive: Why The Pandemic Is Pushing MENA Regulators To...
Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up...
September 30, 2020
Mastercard Aims To Clear Up Transaction Confusion on Digital Statements
It’s happened to almost all consumers: They’re idly perusing their credit card statements when they come across completely confusing, seemingly random charges from businesses they don’t recognize in locations they’ve...
September 30, 2020
The Three Things Every Digital-Card App Needs
The wave of digitization that has picked up incredible speed in banking over the past half year isn’t strictly a new trend, Randy Piatt, head of product solutions for Ondot...
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.