September 23, 2020
Digital Mortgage Startup Blend Expands Into Consumer Banking
Blend, the home loan tech startup, isn’t done growing. The San Francisco-based digital mortgage and loan platform on Wednesday (Sept. 23) announced its expansion into consumer banking to include personal...
September 23, 2020
Today In Payments: DOJ Antitrust Case Against Google To Focus...
In today’s top news, the DOJ’s antitrust case against Google will focus on its power over internet searches, and GoodRx priced its stock at $33 a share, above its target....
September 23, 2020
Virgin Money Takes Big Haul In RBS Innovation Fund
Virgin Money said on Wednesday (Sept. 23) that it has landed the equivalent of $44.7 million from the United Kingdom’s Capability Innovation Fund, which was created as part of the...
September 23, 2020
Mastercard Expands Digital Card Program To Include Instant Access, eWallet
As demand increases for digitally-driven money management solutions, Mastercard has expanded its Digital-First Card Program in North America. The global technology company has partnered with payment processors PTS, Fiserv, CoreCard,...
September 23, 2020
Today In Digital-First Banking: OCC Issues Stablecoin Guidance For Banks;...
In today’s top news in digital-first banking, the Office of the Comptroller of the Currency (OCC) has issued stablecoin guidance, and Deutsche Bank intends to decrease the size of its...
September 23, 2020
Innovative Approaches To Supporting Remittances, Malls And CPG
International remittances are a lifeline for a number of households that depend on family members working in other countries to send money home. To ensure that money keeps flowing smoothly, transfer...
September 23, 2020
Cloud Payment Processor Volante Teams With Goldman Sachs On Digital...
Volante Technologies Inc., the FinTech software company, announced Wednesday (Sept. 23) it is collaborating with Goldman Sachs Bank USA to provide the payments platform for the bank’s digital transaction service. Built from...
September 23, 2020
The Pandemic-Driven Adoption Of Digitized Remittances For Singapore’s Foreign Workers
Mobile remittances have become a financial lifeline for households around the globe, but the giant shift to mobile amid the pandemic has also opened the door to fraudsters posing as...
September 23, 2020
Compliance In The Clouds: How The Pandemic Is Affecting Banks’...
Banks must adhere to shifting payments and data-privacy regulations as more consumers go digital. In the latest Digital Banks And The Power Of The Cloud Tracker, Rudolf Schmidt, chief technology...
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.