Remove 2021 Remove Cards Remove Digital Banking Remove Security
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Lumin Digital To Provide LAFCU With Digital Banking Solution

PYMNTS

Lumin Digital announced today (Nov. 17) that it will provide Los Angeles Federal Credit Union (LAFCU) with its cloud-based online and mobile digital banking platform, according to a press release emailed to PYMNTS. We are pleased they chose us as that partner.”.

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Secure Digital Banking and Customer Communications

FICO

Following the highly successful The 11 Commandments of Digital Banking eBook , we are publishing a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: Digital lift-and-shift is not a strategy! Customers expect financial institutions to provide an ample amount of security and protection.

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Mastercard On The ‘Digital-First’ Transformation Of Credit Cards Into Daily Money Management Tools

PYMNTS

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. Those processors will in turn work with issuing banks to offer near-instant issuance of cards.

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Mastercard Aims To Fight ‘Gobbledygook’ On Online Card Statements

PYMNTS

It’s happened to almost all consumers: They’re idly perusing their credit card statements when they come across completely confusing, seemingly random charges from businesses they don’t recognize in locations they’ve never visited. By 2021, we’re looking already at a cost of $8.6 billion related to chargebacks and disputes for the U.S.

Cards 220
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Bank Offers Go Contextual For Credit Unions In 2021

PYMNTS

They’ve been receptive to digital issuance options where they can (digitally) get their cards on their mobile devices to begin transacting before the physical plastic ever arrives. Platforms such as PSCU’s cloud-native Lumin Digital help CUs plug into new initiatives that improve members’ experiences. “We

Analytics 240
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Mastercard And Ethoca Help Merchants, Issuers Improve Online Transaction Clarity

PYMNTS

Global chargeback volume, the study showed, will reach 615 million by 2021, largely coming from customers frustrated and disputing transactions, the release said. Johan Gerber , executive vice president of cyber and security products at Mastercard, said the greater digital dependency of the coronavirus era made this new development necessary.

Online 243
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Today In Digital-First Banking: Next Insurance Aims To Raise $250M In Funding; FLEETCOR Agrees To Purchase AFEX

PYMNTS

In today’s top news in digital-first banking, Next Insurance is aiming to raise new capital that would value the FinTech startup at $2.25 Next Insurance Looks To Secure $250M Funding Round To Reach $2.25B Valuation. The transaction should reportedly close in Q1 2021 once regulatory approvals and other conditions are satisfied.

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