PYMNTS

DECEMBER 3, 2019

Lumin Digital has signed a multi-year contract with the University of Illinois Community Credit Union (UICCU) that will have Lumin’s cloud-based platform serve as the credit union’s digital banking solution for retail banking and bill payment.

Illinois 131

Illinois Digital Banking Customer Experience Analytics 131

PYMNTS

JANUARY 13, 2021

In today’s top payments news around the world, Globe Fintech Innovations has landed $175 million in additional venture funding, while Airtel has teamed with Amazon to launch a mobile-only video entertainment platform. International Travelers Will Likely Need Negative COVID Test to Visit US.

Video 130

Video United States Mobile Payments 130

Abrigo

JULY 5, 2020

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services.

Technology 195

Technology Lending Capital Meeting 195

Perficient

DECEMBER 2, 2020

The other is a credit union that I signed up with because they offered a particular lending product. Today, I use both of these firms exclusively for deposits and withdrawals—nothing else. The good news is that banks and other financial services firms are trying to develop and implement capabilities that meet customers’ expectations.

Data 294

Data Customer Experience Case Study Branding 294

PYMNTS

JUNE 16, 2020

We were drawn to Verse’s strong team, and they share a similar approach to us around inventing and learning to better serve customers,” Square said in a statement. The app is available in all 27 countries of the European Union (EU) and works with all the EU’s different currencies. million) to 50 million euros ($56.3 million). “We

Mobile 196

Mobile San Francisco Maine Resources 196

PYMNTS

AUGUST 2, 2019

Western Union ’s stock price was down in after hours trading, after missing on earnings but lodging a narrow beat on revenue. Western Union Business Solutions revenue was up 3 percent on a reported basis, or 7 percent on a constant currency basis. Adjusted earnings per share (EPS) came in at $0.45 This compares to earnings of $0.46

Strategy 219

Strategy Branding Regional America 219

PYMNTS

FEBRUARY 26, 2020

In today’s top news, the stock market takes its biggest hit since 2015 due to mounting fears over the coronavirus, and an ex-Microsoft engineer is found guilty of stealing $10 million in digital currency. Coronavirus Decimates US Stock Market $1.7T How One Nevada Credit Union Secures Its Self-Service Innovations. In 48 Hours.

Nevada 142

Nevada Marketing US Payments 142

PYMNTS

OCTOBER 12, 2020

In today’s top payments news around the world, China’s central bank is issuing $1.5 watchdog proposed that the nation considers creating a new regulatory unit. Plus, European Union (EU) regulators are drawing a list of large internet companies to be targeted with more stringent regulations.

Regulation 134

Regulation Payments National New York 134

PYMNTS

SEPTEMBER 18, 2019

The option enables customers to select Amazon PayCode at checkout and pay in cash at one of 15,000 Western Union locations, according to an announcement. Customers have told us they love the convenience of paying in cash. Ben Volk, director, payments at Amazon, said in the announcement.

US 109

US United States Online Innovation 109

PYMNTS

SEPTEMBER 18, 2020

With banks’ profitability in recent years already dented by low interest rates, which squeeze their profits on loans, they are battling a steep economic downturn as well as uncertainty about the future due to the coronavirus pandemic and the United Kingdom’s departure from the European Union," the Associated Press wrote in an article on Friday.

Capital 131

Capital Regulation US System 131

PYMNTS

JULY 31, 2020

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. Synchrony CEO Warns Of US Credit Card Default Crisis. BECU On Why It Pays To Think Like A Challenger Bank (Credit Union Tracker).

Cards 142

Cards Technology Apple Digital Banking 142

PYMNTS

MARCH 15, 2019

It is in our interest to move forward as quickly as possible, but given the scope, PwC has told us that several months of work will be required before we see the first results,” Torres said. The report is a response to alleged finance-related crimes and high-profile money laundering cases in the region.

Taxes 116

Taxes Regional Report Retail 116

PYMNTS

FEBRUARY 15, 2018

In the fight to compete against banks and other financial institutions (FIs), credit unions (CUs) and service providers are turning to new technology and data-driven solutions to better support their members. Around the credit union world. Players from the CU space are looking to use more data to serve and protect customers.

Data 108

Data Trends National Risk Management 108

PYMNTS

NOVEMBER 12, 2020

In today’s top news, Railsbank closed a $37 million funding deal, and companies in the U.S. Google Critics From US, UK Demand Prompt Antitrust Enforcement. as well as 21 European Union (EU) countries — sent a letter to antitrust regulators asking that they throw the book at Google as fast as possible.

Google 193

Google Payments Regulation Branding 193

PYMNTS

JUNE 17, 2020

In today’s top news, many jobless Americans can’t afford to seek medical care, and the Fed’s Jerome Powell said the economy is far from a full recovery. Powell: US Faces Long-Term Damage As Downturn Persists. US Banks See Chargebacks Soar, Profits Tank Due To Pandemic. banks took a profit hit of 69.6 The profits only hit $18.5

US 131

US Apple Payments Retail 131

PYMNTS

AUGUST 20, 2019

Swiss Bank UBS has announced that it has hired a new CEO of European Union operations, according to a report by Reuters. . Novakovic will start in the new position on Sep. In other UBS news , the U.S. The bank appointed Christine Novakovic to the position. 1 and will be based in Frankfurt. .

Operations 122

Operations Cards Management Study 122

PYMNTS

DECEMBER 23, 2020

“Almost nowhere to walk, nowhere to place this mail and get it transported in and out smoothly,” Keith Combs, president of American Postal Workers Union Detroit Local 295, told the station. It’s just frustrating, because it does kind of feel like Etsy’s left us to the sharks,” said Etsy seller Alanna White.

Retail 168

Retail Detroit Seattle United States 168

PYMNTS

MARCH 31, 2020

The retailer also said , “At this point, it is necessary to temporarily pause new orders as well as evaluate potential changes on recently placed orders.”. In separate news, H&M had previously publicized that it would tap into its large supply network to help hospitals that need supplies such as gowns and masks in the European Union.

Payments 151

Payments National Retail Course 151

PYMNTS

JUNE 12, 2019

Poshmark CEO and Founder Manish Chandra said, according to the outlet, “As we launch into home goods, a lot of that is centered around the fact that our community is leading us there. The new vertical for the company is said to encompass items such as candles, pillows and wall art as well as smaller home goods.

Marketing 100

Marketing California Community Capital 100

PYMNTS

NOVEMBER 24, 2020

So mobile is an extremely important aspect that one has to consider as the new norm.”. He uses the friendly, in-person relationships of a credit union as an example. Credit unions have taken a lot of pride in the relationship with their members [who] can walk in and talk to someone who knows [their] name and so on,” he said.

Mobile 310

Mobile social media Fintech Innovation 310

PYMNTS

JUNE 25, 2020

“Given the time required for us to bring thousands of cast members back to work and to restart our business, we have no choice but to delay the reopening of our theme park and resort hotels until we receive approval from government officials,” Disney Parks said in a statement released on Twitter.

California 182

California Guidelines Florida Leadership 182

PYMNTS

DECEMBER 4, 2019

In other news, Nordea Bank has been given permission to prohibit its employees from investing in bitcoin and other digital currencies in their own time. A Danish court ruled that the risks that come with cryptos justifies the ban after Denmark’s union for financial industry employees filed suit against the firm. “We

Bitcoin 132

Bitcoin Virgin Islands Management US 132

PYMNTS

MARCH 18, 2019

According to NBC News , the five-member Arlington County Board voted unanimously to approve the financial incentives despite some opposition to the package. The board held a seven-hour meeting that included 150 citizens, union representatives and advocacy groups slated to speak, reported NBC News.

Arlington 108

Arlington Virginia New York New York City 108

PYMNTS

JANUARY 11, 2021

It’s overwhelming to us. The stories leave all of us weeping,” John Grant told the Sacramento Bee. And while unions are actively advocating for their members, increasing employers are joining in the push. Vaccine distribution in the U.S. Looks like a very good place to start.

Millennials 154

Millennials Los Angeles Sacramento New York City 154

PYMNTS

FEBRUARY 28, 2020

In today’s top news, Walmart is working on a new paid subscription program to compete with Amazon Prime, and Great Hill Partners acquired the digital insurance payments solutions vendor One Inc. Walmart is reportedly working on a new paid subscription model to compete with Prime, called Walmart+.

Payments 150

Payments Trends Fintech Retail 150

PYMNTS

SEPTEMBER 4, 2020

Labor Day weekend is here, bring us some welcome respite from a long summer. The PYMNTS Weekender has all the latest reading material on payments and commerce news you'll need for the long weekend. New China/US Cold War Fought Over X-Border Deals. PayPal’s ‘Pay In 4’ Expands Installment Credit Options For PayPal Users.

Survey 175

Survey New York City Digital Banking Online 175

Abrigo

FEBRUARY 28, 2023

The rise in fraud and hard dollar losses is often attributed to new fraud trends and complex schemes such as cryptocurrency fraud. For example, almost all of us can remember receiving something like the following pesky text messages: "Your debit card has been locked; click here to reactivate."

Fraud 195

Fraud How To Training Trends 195

PYMNTS

JUNE 20, 2017

Samsung Electronics Australia has announced a partnership with Cuscal , Australia’s leading independent provider of online payments solutions, that will enable 38 financial institutions to offer Samsung Pay, a secure and easy-to-use mobile payments service available on compatible Samsung devices. million cardholders.

Samsung 100

Samsung Mobile Branding Cards 100

PYMNTS

AUGUST 13, 2019

The news is surprising given that back in March Spotify filed an antitrust complaint in Europe against the tech giant, accusing Apple of abusing its control of the Apple App Store in such a way that it restricts competition from other music streaming services.

Apple 122

Apple Tools Conference Software 122

PYMNTS

JULY 16, 2020

In today’s top news, EU’s top court will limit companies’ ability to transfer personal data to the U.S., EU Ruling Limits Personal Data Transfer to US. The European Court of Justice has ruled that companies will face restrictions on storing information about European Union (EU) residents on U.S.

Data 148

Data US Payments America 148

PYMNTS

JULY 1, 2019

Chief Executive Officer Prajit Nanu said, according to reports, “InstaReM already provides services similar to transaction banking in a bank so this would be a natural extension for us.” and the European Union. In separate InstaReM news, the Singapore FinTech firm notched $41 million in venture funding per reports in March.

Digital Banking 123

Digital Banking Lending America Report 123

PYMNTS

JULY 17, 2020

While the overall plan is not yet finalized, it will certainly include new and creative ways for us to fulfill our mission, and we will focus immediately on efficiency and items that we can control, including adherence to the effective operating plans that we have developed.”. The moves also seem to fly in the face of the U.S.

Operations 196

Operations Report US Security 196

PYMNTS

APRIL 23, 2020

One of the most significant upgrades is direct global connectivity to the world’s six major credit card systems: Visa, Mastercard, American Express, CB, JCB and China Union Pay. Sherri Haymond, Mastercard’s executive vice president of digital partnerships, lauded the news. Direct Connection to the World’s Major Card Networks.

San Francisco 131

San Francisco Payments Cards Fraud 131

PYMNTS

OCTOBER 20, 2020

News Tuesday (Oct. 20) that Google faces an antitrust suit from the Department of Justice — focused on the core search business — makes us wonder what, if anything, might happen to other business lines that, though nascent, represent bids to join and at the same time foster the connected economy. buy products) those efforts.

Google 130

Google Maine Video Study 130

PYMNTS

JUNE 11, 2018

USAA , the insurance company and bank serving current and former military members and their families, filed a federal lawsuit against Wells Fargo Bank over its use of USAA’s RDC technology. According to Digital Transactions News , the lawsuit, filed in U.S. Now is the time for us to get the court’s assistance.”.

Technology 115

Technology Texas Mobile US 115

PYMNTS

AUGUST 14, 2017

According to a news report in TechCrunch , Moneytis’ platform is straightforward, making it less complex for consumers. “I Friends quickly asked us to see the list. The market is currently fragmented, with no one company — TransferWise, MoneyGram, Western Union and others — emerging as a leader.

Comparison 109

Comparison Tools Fintech US 109

PYMNTS

JULY 1, 2020

In the July B2B API Tracker® , PYMNTS explores the latest developments in the B2B API space, including new open banking initiatives in the U.S. The European Union is one of the world’s leaders in embracing open banking, thanks to the revised Payment Services Directive (PSD2) mandating open banking and APIs among its member states.

System 287

System Alabama Study Payments 287