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Deep Dive: Why Contactless Payment Innovation Is Key For CUs Amid The Pandemic And Beyond

PYMNTS

The use of Apple Pay, Google Pay and other digital wallets has also been on the upswing since the start of the pandemic. The following Deep Dive examines the interest in contactless payments among credit union members and the opportunity for the CU space to meet members’ changing payment needs through digital innovation.

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Millennials Are Ready for the Bank of Amazon

Bank Innovation

11 survey from Accenture, millennial participants would consider parking their money with nontraditional institutions, and they picked winners. Attractive alt-banking contestants included Apple and Facebook, but it was Google, and of course, Amazon, Read More. Amazon wins, once again, at a game it didn’t even know it was playing.

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Millennials Prefer Venmo to Cash, Duh

Bank Innovation

A new report shows that millennials use Venmo more than they use ATMs as if there was any doubt that to this audience an app like Venmo is a prime method of payment. Rubiix, a social spending app that distributes advertising revenue among its users, released a report Friday showing ATM transactions among millennials have […].

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Google Revs Up QSR And Connected Vehicle Capabilities

PYMNTS

Google has recently upped its game in the food service area of retail, further proof that innovation is heating up when it comes to restaurants – and another signal of how the connected vehicle ecosystem is developing. For restaurants supporting the feature, the orders are completed via Google and Google Pay.

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DATA: How FI’s Innovation Gap Is Big Tech’s Big Opportunity

PYMNTS

It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation. The Headwinds Creating The Innovations Gap . According to the latest edition of the Innovation Readiness report, only 22.3

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Alphabet’s New CEO, Millennial Black Friday Spending And Digital Drivers’ Licenses Top This Week’s News

PYMNTS

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. Google CEO Sundar Pichai Takes the Reins at Alphabet. Google CEO Sundar Pichai will take over as Alphabet ’s new CEO , while retaining his job at Google.

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Ecosystems: Google, Disney And The Power Of Parental Spend

PYMNTS

But what might be a bit unexpected is that this time around, Google and its Google Home Assistant are along for the ride. For the 2018 version, Google – in partnership with Disney and Random House – is rolling out an interactive storytelling feature in its Google Home technology.

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