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Analyst: Square Cash App Downloads Top Venmo’s

PYMNTS

A new report shows that Square’s Cash App downloads increased by 2.2 While year-over-year growth for Venmo still beats the Cash App at 35 percent versus 19 percent, the growth in new mobile payments app downloads of Venmo has slowed down, compared to increases of 54 percent in April, 47 percent in March and 44 percent in February.

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Commander In Chief: Mitek Systems’ CEO Innovation Download

PYMNTS

He also offers advice for how to innovate in the field. Here is an excerpt of the conversation: PYMNTS: How would you define your company’s approach to innovation? PYMNTS: Where do you look for innovative ideas, and why? PYMNTS: What is the most innovative thing you’ve ever done? JB: Innovation often means taking a risk.

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Innovating The ATM Beyond Cash

PYMNTS

The COVID-19 pandemic is accelerating the pace of digital innovation across the financial sector, and credit unions (CUs) are no exception. For more on these and other CU news items, download this month’s Tracker. Developments From Around The CU Ecosystem. How Balancing Members’ Needs Improves End-To-End ATM Experiences.

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How Top-Performing CUs Innovate With Data Analytics

PYMNTS

In fact, credit unions that focus on data analytics are more likely to pursue a wider range of innovations than those that do not. Instead, most are focusing on improving their anti-money laundering (AML), data security, mobile and digital payments, and anti-fraud operations. For example, 91.7 Other notable findings include: 79.4

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Credit Unions Find ‘Co-opetition’ Key To Closing The Innovation Gap

PYMNTS

In the January Credit Union Tracker , PYMNTS explores the latest in the world of CUs, including a retrospective look at the CU industry in the 2010s, an examination of hybrid cloud technology and a new synthetic identity security threat that could steal hundreds of thousands of dollars. Around The Credit Union World. billion in 2009 to $1.54

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Safeguarding new banking products from fraud

Abrigo

download NOW Takeaway 1 Fraud losses totaled $485.6 However, with all innovation comes great responsibility, especially when it comes to safeguarding those new products against fraud. It is no secret that the significant increase in fraud is one of the biggest concerns financial institutions face today.

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Boosting Innovation And Mobile Gaming Via Sports

PYMNTS

Sports are big business around the globe, so it comes as no surprise that retail innovation constantly takes place within that industry, and in combination with payments. However, mobile concession ordering apps like FanFood still encounter their fair share of security and logistical challenges. Working from the Bottom Up.

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