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Citi Explores The Real-Time Payments User Experience

PYMNTS

The payments industry has been riding the wave of shifting consumer habits and demands, placing the end-user experience at the forefront of new products, services and infrastructure. Those users, both consumers and businesses, aren’t just demanding choice, however. It’s also about all of the value-adds it brings in.

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The Great Credit Card Program Outsourcing Debate

PYMNTS

Among the biggest debates is how to construct and operate the best card program possible – a decision that served as the foundation for a new PYMNTS interview with Jim Geeslin, head of strategy for Elan Financial Services , an agent credit card issuer. Do FIs want to navigate card programs through that?”. Near-Term Challenges.

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Can FinTech Walk The FinTalk?

PYMNTS

LendingClub makes unsecured personal loans to consumers, mostly to consolidate and pay off credit card debt and more recently to refinance auto loans. Tech and a great user experience alone didn’t turn out to be a great way to sidestep the merits of using good, old-fashioned credit, risk and lending models to do it.

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Open Banking Can Scale With Incentives And API Aggregation

PYMNTS

In a discussion with Karen Webster, Samuel-Ogbu talked about the role of API aggregation and how incentives can help to ignite open banking, one of the main efforts now taking place in the world of payments and commerce. And using this payment method could help save merchants money, given the high cost of card payments.

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Visa Next: Visa’s Next ‘Digital First’ Act

PYMNTS

The initial beta APIs on offer will help those within the Visa ecosystem to create digital cards on demand and add digital services. Essentially, he noted, providers can come to the platform to build out the end-user experiences they desire.

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Cybercriminals Targeting Apps

PYMNTS

The main goal of cybercriminals is to steal money, and this can be done by stealing consumer identities. EMV payments have made it more difficult for criminals to steal using fake credit cards or by hacking into payment terminals software.

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Alerts: Discover Card Highlights Merchant Refunds

Fintech Labs Insights

And one of the easiest ways to do that is when a merchant refund appears on a credit or debit card account. Discover Card merchant refund notification email (29 Sep 2016). Discover Card merchant refund notification email (29 Sep 2016). But after clicking through the email, the user experience (UX) gets a bit gummed up.

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