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NEW REPORT: For UN Workers, A Credit Union Crosses Borders

PYMNTS

Many are tapping into their cooperative natures to pursue innovations, so as to compete aggressively and keep up with larger financial institutions (FIs) and FinTech challengers. a Kentucky CU recently entered into a new agreement with a local university that will provide it the opportunity to raise its profile.

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Open Banking, Synthetic ID Fraud, Supplemental Jobless Benefits Top This Week’s News

PYMNTS

Kevin McCarthy (R-California), Senate Majority Leader Mitch McConnell (R-Kentucky), White House Chief of Staff Mark Meadows and U.S. Nations in Latin America like Mexico and Brazil are still creating open banking rules amid the pandemic. PYMNTS explores how open banking is developing in Brazil and the region overall. .

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Samsung Pay Launches In China

PYMNTS

Apple Pay’s competition in China just got a bit steeper, as Samsung has officially rolled out Samsung Pay in the region. “China UnionPay attaches great importance to the security and innovation of payment. Young, SVP, Global Product and Innovation. But Samsung may have an edge that Apple doesn’t. “The

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Belk Works On Building Its New Legacy

PYMNTS

Small and regional — outside of the Southeastern United States, most people haven’t heard of it. But Belk may have something to teach its more nationalized equivalents, because it is doing something that its counterparts nationwide, by and large, are not. In Kentucky right now, Belk is building out a location in what was a Macy’s.