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PayRails Expands Credit Union Collaboration Initiative

PYMNTS

Payrailz announced the addition of four new investors to its credit union-sponsored payments CUSO, CU Railz. The new additions were Unify Financial Credit Union, from Torrance, CA, Evansville Teachers Federal Credit Union of Evansville, IN, Pen Air Federal Credit Union of Pensacola, FL and Nusenda Credit Union from Albuquerque, NM.

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A new digital bank needs a new customer service experience

Insights on Business

At IBM Think 2019, Henrique Albuquerque from Bradesco Research and Innovation offered insight into how Bradesco is transforming by focusing their entire business structure around the customer journey. Payment methods. If you take the wi-fi away they almost die,” said Albuquerque. Hyper-connected journey. Day-to-day tasks.

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Medicare Advantage Change Could Lead To Payments Opportunities

PYMNTS

For now, Honor operates in San Francisco, Los Angeles, Albuquerque and Dallas. Meanwhile, the use of technology to improve healthcare payments is gaining increasing focus, even beyond the recent change regarding Medicare Advantage. The program could eventually lead to a better payments regimen for healthcare providers.

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Consumption effects of mortgage payment holidays during the Covid-19 pandemic

BankUnderground

Alexandra Varadi and and Bruno Albuquerque. Mortgage payment holidays (PH) were introduced in March 2020 to help households who might have struggled to keep up with mortgage payments due to the pandemic. Figure 2: Estimated probability of mortgage payment holidays (among mortgagors) conditional on household characteristics.

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The Taste Of New Mexico In A Subscription Box

PYMNTS

The company runs its back end on Cratejoy and payments through Stripe. There’s a kind of a tradition of going into Albuquerque and trying to load up as much as you can,” Eric said. Smith said most gift subscriptions are for three months, which “gives people a chance to get that variety.”

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Financial concerns and the marginal propensity to consume

BankUnderground

Georgina Green and Bruno Albuquerque. The available evidence points to households mostly saving or paying down debt when receiving a one-off payment. Chart 1 shows that around 78% of households would not change their spending in response to a one-time payment of £500. How would you respond to a one-off change in your income?

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FICO® Resilience Index Can Improve Card Account Management

FICO

In the early months of the COVID-19 pandemic, FICO found that the FICO® Resilience Index was a strong predictor of the likelihood that a consumer would receive a loan accommodation (payment deferral, forbearance, etc.) Brendan lives in Albuquerque, New Mexico and holds B.S. following implementation of the CARES Act.