To keep them coming back, get them to trust you – and work to keep that trust. That’s a wise maxim to follow in any business. It’s especially true for financial services. As the latest Credit Union Innovation Playbook shows, credit unions stepped into the uncertainty...
The platform economy is global in scope, spanning countries, borders, languages and currencies. Digital meeting places, you might call them – bringing buyers and sellers together across any number of verticals, from eCommerce tied to retail to gig economy matchups that get projects done. It’s big...
Across the pond, and here, too, subscriptions are big business – to the tune of one billion pounds. The model helps keep the top line humming across any number of verticals, well beyond the confines of media and gaming. The latest Subscription Commerce Tracker found some critical...
It’s a $2 trillion problem, according to stats, and global in scope. Money laundering is big business and the recovered funds are scant, which begs a solution (a roadmap was offered up for FIs in a recent PYMNTS interview with Zac Cohen, Trulioo general manager). Elsewhere, Mastercard...
As the U.S. federal government tries to stem fraud and other losses in benefit programs, a new mobile app might just provide a way to do that. While that happens, the payments industry is upping its game against counterfeit goods sold online. And with the...
Faster payments is starting to make a splash in healthcare — thought as one source cautions, innovation in B2B payments is about more than “getting faster.” Speed also plays a role in authentication — especially in the wake of a new regulatory crackdown against a growing part of retail...
There is a gap between what merchants say they want to do toward innovation and what they actually do — and from that gap come insights into retail and payments. A big payments acquisition, meanwhile, shines light on what the next commerce and transaction developments will look like. In healthcare,...
Cash may never really die, but that doesn’t mean speed enabled by digital technology isn’t playing a varied role in payment change and innovation. As things change, computers are rendered obsolete — what, then, happens to databases? Real, lasting change also is shaped by the...
Data breaches are a serious threat to the financial health of businesses and consumers. Is there a newer way to treat data that might also help prevent fraud? Meanwhile, it’s becoming clear that when it comes to banks trying to gain an edge in this increasingly...
