Apple’s forthcoming Apple Pay Cash will likely become the next in a long line of P2P offerings that are forcing credit unions to think about the future of their noninterest income, industry experts say.
Banking for Generation Z - what FIs must do differently
Some forecasts estimate these individuals could make up as much as 40 percent of all consumers by 2020.
American Express introduces new cashback credit card to appeal to millennials
AmEx created the card for customers who want perks that are easy to understand.
How The Consumer's Connected Lifestyle Is Impacting Banking
As the lines between retail and banking blur, financial marketers need to respond to consumers' expectations and become part of their overall digital lifestyle.
Security Worries Have Consumers Clinging to Cash, Study Says
The new report drives home the point that consumers aren’t ready to lose visibility of the payment process.
Apple patent application describes gaze tracking system with facial recognition
The U.S. Patent and Trademark Office has published a patent application by Apple for a gaze tracking system which could include a biometric sensor and gesture recognition capabilities.
Microsoft is developing in-store tracking technology that could eliminate physical checkout
It has already discussed the technology with Walmart, and may be better positioned than Amazon to license it.
Netspend President Reveals Payments Bucket List | PYMNTS.com
Welcome to the “pluralization of money streams.”
Artificial Intelligence at the changing face of Payment Fraud
Initiatives towards Faster & Easier payments are keeping financial industry on its toe to safeguard payments originated anywhere & anytime.
Another class-action suit against credit unions is brewing
If the constant threat of ADA suits wasn’t enough, credit unions now have another potential legal hassle to worry about.
Zelle Projected To Grow More Than 73 Percent
The firm eMarketer is projecting that Zelle will reach 27.4 million users in the U.S. — more than Venmo’s 22.9 million users.
Windows 10 Deadline Looms; Another Deadline for CUs
The issue is going to be, how do credit unions test it and how do credit unions upgrade it in the field?
Four companies driving the bank tech discussion, with only one a FAANG
At American Banker’s Digital Banking conference, a mostly different set of companies were top of mind: Call them SASA, or Starbucks, Amazon, Sears and Acorns.
Mastercard And Diebold Nixdorf Want To Build The ‘RedBox Of Money’
The problem, when it comes to going cardless at an ATM (or really making much in the way of a digital upgrade), isn’t technology.
Credit Card Benefits: Banks Go Left; Amex Goes Right
American Express is moving in the other direction as this story picked up by Nasdaq.Com, posits.
Starbucks Deepens their Share of the Consumer Wallet
With another financial tool to earn Starbucks “Stars”, Starbucks has again put itself in a unique position as one of the top loyalty brands in the nation.
New Rules for Remote Deposit Capture. Are You Ready?
There’s a lot going on with remote deposit capture (RDC) these days.
Massive Visa Outage Shows the Fragility of Global Payments
ON FRIDAY, VISA'S payment network suffered outages across Europe, limiting transactions for both businesses and individuals.
Teens are choosing other online platforms over Facebook
Teens' time spent online is now more distributed among several online platforms than it was three years ago.
Cardless ATM: creating a secure and convenient customer experience
Financial institutions must deploy a multi-layered security strategy in order to mitigate cardless ATM fraud.
Examining deposit strategies in a changing rate environment
With more rate hikes are scheduled during the remainder of 2018, how will credit unions respond?
TRENDING: mPOS Turns Fingerprints Into Payments