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Cobalt Credit Union’s Data-Driven Innovation In Member Services

PYMNTS

Modern credit unions understand all too well that loyalty innovation is critical to staying in business, and that those that do not prioritize it risk losing a significant share of their members. Loyalty-based innovation is a top concern for many credit union (CU) members, as outlined in the latest Credit Union Innovation Playbook.

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Dwolla to Exit Consumer Space, Focus on API Offerings

Bank Innovation

As the Des Moines, Iowa-based company put it in a blogpost: Dwolla is no longer Read More. Dwolla, one of the elder statesmen of the fintech startup world, announced today it will leave the consumer space and focus on its offerings for businesses. The change will take place soon — Dec.

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Taking A Data-Driven Approach To Meeting CU Members’ Banking Needs

PYMNTS

CUs that are adapting to an online-only banking reality thus also have to keep an eye out for more fraud schemes and are turning to technologies such as machine learning (ML) and data analytics to keep online data and transactions as secure as possible. Deep Dive: Emerging CU Fraud Threats And How Data Analytics Can Help.

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Community Banks Debut FinTech Alliance

PYMNTS

Alloy’s Julieann Thurlow, CEO of Reading Cooperative Bank, said, “Community banks play a special role in the lives of our customers, but we don’t have the same IT and innovation budgets as the big banks to capitalize on that relationship.” The alliance includes a dozen firms that have between $251 million to $20 billion in assets.

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A community bank-fueled payments rail

Independent Banker

For a community bank to be innovative means you need to make big bets with your depositors’ capital—and that’s something we take very seriously,” Thurlow says. “By By working with other banks, we can share the costs, which allows us to take bigger bets on innovation than each of us could do on our own.”. The whole package. “The

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Enabling Digital Commerce At Sporting Venues With Mobile Ticketing

PYMNTS

From ticketing platforms such as Gametime to payments companies such as Visa , innovators are harnessing the power of mobile. buttressed by the adoption of EMV technology, is now leaving behind its status as the global outlier where contactless is concerned. And consumers are forecast to spend $23 billion on mobile tickets by 2023.

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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Although startups based in California, New York, and Massachusetts have traditionally accounted for the majority of VC tech investment in the US, VCs are spurring other hotbeds of innovation across the country. Connecticut Innovations. Innovation Catalyst. Slater Technology Fund. New Enterprise Associates. BIP Capital.