July 21, 2020
Treasurers Explore The Line That Separates Challenge From Opportunity
The line between challenge and opportunity can be a thin one, as many of today’s chief financial officers (CFOs) and corporate treasurers are quickly discovering. The digitization and acceleration of...
July 21, 2020
New Report: Mercado Pago On How Mobile Bridges The LatAm...
Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. The European Union’s financial authorities are monitoring how the...
July 20, 2020
Brazil Will OK WhatsApp Payments If Facebook Follows Rules
The payments program from messenger service WhatsApp will be allowed to go forward in Brazil, the country’s central bank said, so long as all rules are respected, Reuters reported. Brazil...
July 20, 2020
Bitcoin Daily: MUFG To Issue Crypto For Payment App; Unsuccessful...
Mitsubishi UFJ Financial Group (MUFG), the biggest banking enterprise in Japan, is scheduled to release a cryptocurrency later this year, CoinDesk reported. The digital currency will be rolled out with...
July 20, 2020
AICPA, CPA.com Roll Out Tool For PPP Forgiveness
To automate the Paycheck Protection Program (PPP) forgiveness procedure for small- to medium-sized business (SMB) owners, the American Institute of Certified Public Accountants (AICPA) and CPA.com rolled out the PPPForgivenessTool.com...
July 20, 2020
Fraud: Why Everything Old Is New Again
Fraudsters aren’t usually static. They’re often dynamic when on the hunt for new weaknesses to exploit, new targets to go after and new ways to get into systems where they...
July 20, 2020
New Class Action Lawsuit Alleges Plaid Violated User Privacy
Plaid is facing a lawsuit which alleges that it has violated users’ privacy and used customers’ private data in inappropriate manners for years, affecting over 200 million individual accounts, according...
July 19, 2020
Drop Delivery Starts Raising Capital For Cannabis B2B Payments System
Equity crowdfunding program Equifund CFP is launching a Regulation Crowfunding offering to help cannabis tech company Drop Delivery raise money for its all-in-one delivery system for cannabis products, according to...
July 18, 2020
Efforts To Address Late B2B Payments Go Global
Though the coronavirus pandemic has highlighted the impact of late B2B payments in the U.S. — both due to U.S. corporates paying their suppliers late, as well as U.S. vendors...
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.