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Why Community Banks Can’t Afford To ‘Wait and See’ About Faster Payment Innovations

PYMNTS

In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report. faster payments system.

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Small Businesses Making Big Mistake By Going Cash-Only, Report Finds

PYMNTS

Small businesses that ignore next-generation payments technologies like invisible payments or cryptocurrencies are losing out big time, but new research suggests that tens of thousands of dollars are lost by SMEs because they aren’t even accepting cards. are losing nearly $30,000 every month because they operate as a cash-only establishment.

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User Experience Is Key to Customer Satisfaction, Report Says

Bank Innovation

Having a "frictionless" user experience (UX) is among the top three qualities that bank customers look for when picking a new bank, right after "security" and "trustworthiness," according to a new report by financial technology provider, FIS.

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ICBA: Building Bridges For The Next Generation Of Community Banks

PYMNTS

Bancard’s President and CEO, Tina Giorgio, also came up in community banking , particularly in operations, Rainey noted — which has been critical in developing and rolling out products to their partners’ banks. Rainey noted that the future of community banking is not so much about what as it is about who — millennials , to be exact.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry.

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Why Digital Marketplaces Must Anticipate Shoppers’ Needs

PYMNTS

million buyers who operate in industries such as website development, logo design and blog writing. Indonesian ride-hailing and online payment company GO-JEK , for instance, is expanding its financial technology services through partnerships with peer-to-peer (P2P) lending firms Dana Cita, Aktivaku and Findaya.

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What MyPayrollHR Debacle Says About Payroll’s Future

PYMNTS

And DailyPay , a NYC-based financial technology company that enables employers to provide on-demand access to employee wages, has created a $25,000 fund to pay for overdraft and/or late fees for those affected employees, up to $100 per employee.

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