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The Push For Cybersecurity Technology At Credit Unions

PYMNTS

Credit union (CU) associations and service providers are pushing for the adoption of technology to help with security and compliance. In retail, Western Union has teamed up with Dollar General to let customers initiate money transfers digitally and pay in person at the merchant’s stores. as of December 2018.

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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

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Fiserv Adds Buy Now, Pay Later Option

PYMNTS

the Wisconsin-based FinTech, has joined the trend to offer a buy now, pay later ( BNPL ) option for purchases with interest-free installment payments. More than one-quarter of retailers already offer installment payments, according to a survey by Forrester Research. Fiserv Inc. , The expansion of BNPL payment options is growing.

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Community bank assimilates fintech talent, tech to advance digital services

BankInovation

Wisconsin-based Horicon Bank is making use of its acquisition this year of fintech startup Monotto to drive digital innovation at the community bank. billion Horicon Bank made a strategic move with its acquisition of Atlanta-based Monotto, bringing both fintech talent and technology to the bank.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

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Study: Automation Will Hurt Manufacturing-Heavy Midwest

PYMNTS

Reuters reported that automation technology’s melt into middle-wage jobs like construction, office work, truck driving and even food prep and food service will see more and more jobs displaced by computer technology. Wisconsin, Iowa and Ohio, which are heavy manufacturing states, will be the hardest hit.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. Teletherapy.

Industry 101