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How Credit Unions Drive Member Engagement

PYMNTS

In Europe, strong customer identification (SCA) guidelines will shift checkout flows for transactions. based credit unions in operation as of January 2019. 300 million: Approximate number of consumers who will need to confirm their identities through two methods under SCA guidelines. All this, Today in Data.

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Today In Payments: MineralTree Raises $50M, Buys Two Companies; Robinhood Raises $460M

PYMNTS

The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading. FIS, TCH Partner To Connect Small Banks, CUs To RTP. PayPal’s Rainey: CFOs Must Focus On Customers (Not Just Cash Flow) Amid Great Digital Shift.

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Pandemic Gives A Lift To Voice Assistant Technologies

PYMNTS

That trend was particularly pronounced among older “bridge millennials,” who on average owned six separate connected devices, not counting their phones. According to PYMNTS’ latest consumer data on the subject, 47 percent of millennials have shifted their routines online, while 45.1 percent of bridge millennials have done so.

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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. Many players in the financial services market were already launching innovative solutions without knowing which guidelines the Fed would recommend for the U.S. faster payments system.

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Why ?Dining Out? Is About To Become A Much More Literal Term

PYMNTS

Enthusiasm for re-entering a possibly contaminated world isn’t terribly high among millennials, bridge millennials and Gen Xers, many of whom have shifted to digital habits over the last eight weeks or so – and plan to keep it that way, instead of transitioning back to the real world. Will Outdoor Dining Bring Back Reluctant Consumers?

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Can Politicians Give The Global Sharing Economy A Boost?

PYMNTS

The bill requires “the Economic Development and Commerce Department (DDEC by its Spanish acronym) to establish the standards and guidelines” for the sharing economy. is down this year compared to 2017, particularly with millennials, and that baby boomers are now the new drivers of the movement.” Sharing Backlash.

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Debt Collections on Tenterhooks with Six and Sevens following CFPB’s Reg F

FICO

Some say these new contact guidelines from Regulation F put customers in the driver’s seat. Statista research states that Millennials were the largest generation group in the U.S. Morgan Stanley research states that millennials are the largest driver of net new loan demand. But the reality is that they have never left that seat.