July 03, 2013
Financial Institutions Are Excelling At Mobile Advertising
Online and mobile banking have become must-have offerings for financial institutions. The Federal Reserve reported in a 2013 consumer survey that 28 percent of all mobile phone owners had used...
July 02, 2013
Breaking Down The Payments Council Roadmap
If you were to compare the British payment system to a physical landscape, it would probably be downtown Westminster Road during rush hour. Earlier this summer, the Payments Council released...
July 01, 2013
Intuit Sells Financial Services Unit For $1 Billion
Intuit is selling its financial services (IFS) unit to private equity firm Thoma Bravo for $1.03 billion in cash, the company announced on Monday. The moves comes as part of...
July 01, 2013
Monitise, Telefonica Team Up for Mobile Money In UK
Monitise and Telefonica have agreed to a new partnership to develop a global platform for facilitating mobile payments, reported Finextra. Monitise will create the platform for Telefonica Digital’s mobile commerce...
June 30, 2013
Twenty-Two Banks and One Secure Cloud
How’s this for a breaking development in the world of mobile payments? The Clearing House will announce today that it will launch and operate an open platform that will make...
June 26, 2013
What Music’s Past Tells Us About Payments’ Future
What do Lady Gaga and the payments industry have in common? You’d be surprised to find that the two actually have many similarities. Music and payments are two drastically different...
June 25, 2013
Scottish Businesses Lose £5B To Cybercrime Every Year
Scottish businesses are paying a high price for annual cybercrime as a new study announces they are paying over £5 billion every year. These losses turn out to cost almost...
June 23, 2013
If Cash Isn’t Dying, Can Electronic Payments Grow?
Let’s start the first week of summer by turning the discussion of cash as a viable payment method on its head. Here’s the many-multi-trillion dollar question up for grabs: if...
June 20, 2013
Zimbabwe Bank Beefs Up Loan Offerings
No, cattle banking isn’t the latest loyalty program from Burger King, or Omaha Steak’s entrance into digital currency. Recently announced by TN Bank, a former finance house and current retail...
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.
