5 Must-Reads for This Week: Blockchain for CUs, Voice Authentication and How We Pay

July 8, 2016 CO-OP Financial Services

How We Pay in the USA
PaymentEye
Recent data from a Chase study that reveals how and where Americans are using mobile payments technology now.

 

Blockchain for Credit Unions: Now?
EconoTimes

The Credit Union National Association recently announced plans for the CU Ledger Initiative, a proof-of-concept project that would bring a blockchain technology-based platform to the credit union industry. CO-OP is among the proposed participants.

 

Is Encryption Really Working?
PYMNTS
Even as encryption is being adopted as a best practice across many industries, it’s especially predominant in the financial services vertical. It’s a good idea, but is it working?

 

Citi Uses Voice Prints to Authenticate Customers
Forbes
Citi is using voice biometrics from NICE to recognize customers during the first few minutes of phone conversation. The process is faster and avoids the sometimes tedious process of authenticating callers by mother’s maiden name, long-lost PIN or other obscure information.

 

PayPal Adds Charity Donation Button to App
Finextra
PayPal has introduced a dedicated “donate” button to its mobile app to make it easier for users to give to charity. How are you connecting members with your purpose?

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