For credit unions, the move toward becoming “smarter” digital financial service providers entails embracing several strategic and technological shifts. David Durovy, senior vice president of transformation at i2c, told PYMNTS that many financial services firms, credit unions included, have historically relied on basic alerts, member...
Faster payments have loomed large in financial services through the past couple of years — and with the uncertainty of tariffs and inflation, speedier payments have a broad range of desirable traits. There’s a surety that comes with instant funds, a visibility into cash flow...
Stablecoin issuer Tether is reportedly talking with one of the Big Four accounting firms about doing an audit of its reserves. Tether CEO Paolo Ardoino said an audit is “our top priority,” but did not specify which accounting firm the company is talking with or when the...
When financial institutions and payments players talk about their “blockchain strategy” today, what they’re really grappling with is architecture. Amid the noise surrounding crypto, tokens and Web3 hype cycles, the most consequential choice for builders, product leaders and decision-makers in the financial services and payments...
March 25, 2025
Faster payments have loomed large in financial services through the past couple of years — and with the uncertainty of tariffs and inflation, speedier payments have a broad range of desirable traits. There’s a surety that comes with instant funds, a visibility into cash flow that’s not there when it takes a transaction days to […]
March 21, 2025
When financial institutions and payments players talk about their “blockchain strategy” today, what they’re really grappling with is architecture. Amid the noise surrounding crypto, tokens and Web3 hype cycles, the...
March 20, 2025
U.S. consumers hold a record $1.2 trillion in credit card debt. Right now, households are in a holding pattern, where the growth in card balances has been muted, and a...
March 19, 2025
The shakeup and shakeout of banking-as-a-service (BaaS), in the wake of the Synapse bankruptcy last year, has opened up new potential for embedded finance. Money mobility’s at the center of...
March 26, 2025
Financial services company Block has reportedly laid off 8% of its workforce. The job cuts impact 931 people, TechCrunch reported, citing a Tuesday (March 25) email from Block Co-founder and CEO Jack Dorsey. In his message, Dorsey says the cuts are for strategic reasons (391 people) or to eliminate workers who perform below company standards (460 people). Block […]
March 21, 2025
Stablecoin issuer Tether is reportedly talking with one of the Big Four accounting firms about doing an audit of its reserves. Tether CEO Paolo Ardoino said an audit is “our top priority,”...
March 18, 2025
EarnIn has debuted a product that lets users access their paychecks two days early. Early Pay, announced by the earned wage access (EWA) provider Tuesday (March 18), lets customers get...
March 18, 2025
How can financial institutions (FIs) optimize their ATM operations? That’s the question at the heart of a new paper published Tuesday (March 18) by NCR Atleos and Datos Insights, focused...
