April 29, 2024
Apple Gets Six Months to Bring iPad Under EU Law
European regulators are giving Apple six months to bring its iPad up to code. The European Commission said in a Monday (April 29) news release that it designated Apple as a...
April 29, 2024
Bank of America: Digital Makes Healthcare Payments as Easy as...
There’s no shortage of analysis these days about the effect inflation has had — and will have — on the banking and payments industry. But there are other implications as...
April 29, 2024
Bank of America: Digital Makes Healthcare Payments as Easy as...
There’s no shortage of analysis these days about the effect inflation has had — and will have — on the banking and payments industry. But there are other implications as...
April 28, 2024
Report: Middlemen Handle 50% of Russia’s Payments to China
Sanctions on payments between China and Russia have reportedly created a thriving market for middlemen. In fact, half of all payments by Russian companies for Chinese products are now handled...
April 28, 2024
Banks Pay Savers More to Stay Amid Steep Interest Rates
For America’s biggest banks, deposit costs are exceeding interest income. That’s the first time that’s happened since the Federal Reserve began increasing rates two years ago, the Financial Times noted...
April 26, 2024
Earnings Put Spotlight on Banks’ Full-Scale Digital Transformation
The shift toward digital channels in financial services shows no signs of slowing down, as evidenced by the latest earnings results from incumbent banks and financial services providers. During the...
April 26, 2024
The State of Main Street Heading Into Small Business Week
Despite the moniker attached to their segment, small businesses loom large in the American economy. And with the U.S. Small Business Administration (SBA) celebrating National Small Business Week starting Sunday (April...
April 26, 2024
Consumers Are Slow to Adopt Mobile Wallets for Store Payments
Consumers are using mobile wallets more, but it is taking a while for them to grow accustomed to utilizing the technology to pay in stores, PYMNTS Intelligence reveals. By the...
April 26, 2024
Real Madrid, Ouro Deal Nets Big Wins in Financial Innovation
In today’s digital age, the combination of innovative financial products and a loyal, international fanbase holds the potential for significant market disruption. The recent collaboration between financial services company Ouro...
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.
