PYMNTS

NOVEMBER 26, 2019

Meeting customers’ expectations and desires is a key goal for all enterprises, and credit unions (CUs) are no exception. PYMNTS’ Credit Union Innovation Index found that CU members may not prioritize the latest technologies as much as bank and FinTech customers do, but they still value easy-to-use mobile apps and online capabilities.

Credit Union

PYMNTS

APRIL 30, 2019

Credit unions (CUs) are a popular alternative to traditional banks, with 5,613 CUs in operation as of January 2019, and 195,000 new memberships added in January alone. Developments from Around the Credit Union World. For more on these and other credit union news items, download this month’s Tracker.

Credit Union

Finovate

AUGUST 6, 2024

Eko Investments Eko Investments ‘ white-label solution allows 10,000 banks and credit unions to offer digital investing directly on their existing banking platform. Banks and credit unions of all sizes. Banks, credit unions, and fintechs. Credit unions and community banks.

Credit Union

PYMNTS

MARCH 5, 2018

NACHA , the electronic payments association, announced that banks and credit unions have registered 9,403 third-party senders as of the March 1, 2018 deadline. The positive response by banks and credit unions in registering more than 9,000 third-party senders demonstrates their continued commitment to ACH quality.”. “The

Third-Party Sender

Finovate

AUGUST 15, 2024

Features Offers revolutionary security – the future of verification technology Delivers unique voice-to-face matching that matches a face to a voice without a database Provides deepfake detection: No enrollment needed, agnostic to new tools Who’s it for? Banks, credit unions, identity verification companies, and more.

Deepfake

PYMNTS

DECEMBER 12, 2018

Banks and credit unions are still wrestling with the best ways to deploy mobile technology, and do so in ways that balance security, and safe authentication, and consumer convenience. The debut of 5G promises to add another tool that can aid such efforts. Latency Advantages.

FinTech

PYMNTS

JANUARY 29, 2020

Credit unions (CUs) face fierce competition in the financial industry. Louis, Missouri-based Together Credit Union , which operated under three separate names — American Eagle Credit Union, Anheuser Busch Employees’ Credit Union and Purina Credit Union — until late last year.

Credit Union

PYMNTS

MAY 2, 2019

.” MicroBilt operates a Risk Verification Database that connects businesses with the ability to verify account details, view information on return history, and improve decision-banking about which entities with which a company does business. “With a database of more than 1.5 “With a database of more than 1.5

NACHA

PYMNTS

DECEMBER 12, 2018

That brings the tally of enterprises offering financial services to cannabis companies to 375 banks and 111 credit unions. Thus, any number of new revenue opportunities open up for banks and credit unions, and Hart said community FIs need new deposits to survive — a goal common to any business.

Fincen

PYMNTS

SEPTEMBER 23, 2020

Financial crime is a pervasive threat to banks, credit unions, FinTechs and other financial institutions (FIs) the world over. A study from the Cifas National Fraud Database found that identity theft against consumers over the age of 61 rose by 22 percent in 2019, contributing to an 18 percent increase in identity theft overall.

Identity Theft

Fintech News

MAY 22, 2024

Arctic Intelligence is trusted by a wide range of financial services organizations, from SMEs to multinational corporations, across various industry sectors including banking, insurance, credit unions, foreign exchange (FX), money remittance, digital currencies, wealth and asset management, and gaming.

Financial Crimes

PYMNTS

FEBRUARY 18, 2020

Increasingly, fraudsters are striking at the very beginning of customers’ relationships with banks and credit unions (CUs), focusing their efforts on account takeovers and new account fraud. With that mindset governing risk control efforts, he said, FIs can better understand what trends and tales the data conveys.

Fraud Prevention

Finovate

OCTOBER 4, 2024

Also this week, the company announced that it was teaming up with business identity platform, and fellow Finovate alum, Middesk to enhance KYB verification for both banks and credit unions. ” Headquartered in San Francisco and founded in 2019, Middesk made its Finovate debut at FinovateFall 2022. .

Innovation

PYMNTS

FEBRUARY 13, 2017

Adding insult to injury, the attackers also published a series of databases containing large amounts of the information available on Freedom Hosting II. Though the retailer wasn’t named at the time, PSCU said more than 355,000 credit and debit cards issued by PCSU-associated banks were compromised in the data breach.

Automation

PYMNTS

APRIL 23, 2020

SMB credit analytics firm Paynet announced the launch of PayNet P3 Data Pack , a platform that helps lenders streamline PPP loans to SMBs by automating the borrower verification process. Wielding its database of SMB information, the portal eases identification and underwriting for PPP lenders to accelerating funding.

FinTech

PYMNTS

JUNE 4, 2018

Instead, the fingerprint populates a template that is hashed and encrypted on Touché’s database, and card information is tokenized. After the payment is submitted, it requires the fingerprint, which it matches to the database in seconds. CEO and Founder Sahba Saint-Claire told PYMNTS that fingerprint images are not stored.

Encryption

PYMNTS

NOVEMBER 21, 2018

Algorithms are taking on more of the data and security work for financial institutions (FIs), with technologies such as data mining and business rules management systems (BRMS) finding popularity among banks and credit unions.

AI

PYMNTS

MARCH 27, 2018

Mortgages have dominated the top spot since the database itself launched in 2012 — which is unsurprising given the CFPB was created following a crisis in mortgage underwriting. 2 spot in 2017 when the credit reporting agencies (normally the No. 2 spot in 2017 when the credit reporting agencies (normally the No.

CFPB

PYMNTS

JUNE 4, 2019

Trulioo said it is teaming with Refinitiv — operator of the World-Check Risk Intelligence database — to promote global financial inclusion and fight fraud. New Partnership. Banks are on the forefront of digital identity, whether they like it or not,” Ufford told Webster.

Consumer

Fintech Labs Insights

SEPTEMBER 1, 2015

Buzz Points partners with community banks and credit unions to reward consumers for buying local and banking local. Gro Solutions is dedicated to helping banks and credit unions grow by providing innovative digital customer acquisition solutions. Blockstack.io Better mobile apps, sooner, and for less.

Online and Mobile Banking

Fintech Labs Insights

JUNE 15, 2016

The Canadian analytics company specializes in providing community banks and credit unions with powerful data management, database and behavioral analytics, marketing automation, and one-to-one communications solutions. This is where Race Data comes in. At FinovateSpring, Race Data demonstrated its Relationship Accelerator.

Community Banks

PYMNTS

JANUARY 2, 2017

The November mPOS Tracker reported an increase in mobile payment usage in Europe and Apple Pay’s expansion of mobile wallet service to 26 new banks and credit unions around the U.S. All activity adds to the database.

ACH

Fintech Labs Insights

OCTOBER 3, 2016

of its database server. Piloted the LEVERAGE App Store with nine credit unions. Provided payments and banking platform technology to Philippine-based credit union groups. Take a look for yourself—and then be sure to save your spot at FinDEVr when it returns to Silicon Valley, October 18 & 19. Linqto ( FD15 ).

Payment APIs and Integration

Fintech Labs Insights

AUGUST 1, 2016

Bankjoy offers developers a banking API for a modern, real-time, holistic interface for credit unions and community banks. Backbase offers 60-second onboarding for financial services companies to accelerate customer acquisition with a simple, fast, and seamless omni-channel onboarding journey. pre-IPO investment opportunities.

Online and Mobile Banking

CB Insights

APRIL 3, 2018

A blockchain is a type of distributed database that allows untrusted parties to agree about a shared digital history, without a middleman. Its parent organization, Evernym, is developing enterprise solutions on top of Sovrin, including one focused on credit unions. Evernym has raised $7M to date.

Blockchain

Fintech Labs Insights

AUGUST 22, 2024

adding credit unions. TipRanks: Financial analytics platform providing transparency to individual investors, expanded database and features. College Aid Pro: Making college financial planning accessible, partnered with multiple universities. ebankIT: Digital banking platform, continues to expand in the U.S.,

Online and Mobile Banking

FICO

OCTOBER 23, 2019

Scott Rogers, one of the experts quoted in the book, explains that there is a ‘disconnect between attitudes and behavior’ when you look at credit unions. In the US around 30 percent of people are members of a credit union. So why do consumers leave their credit union if they rate them so highly on customer engagement?

Credit Union

FICO

OCTOBER 23, 2019

Scott Rogers, one of the experts quoted in the book, explains that there is a ‘disconnect between attitudes and behavior’ when you look at credit unions. In the US around 30 percent of people are members of a credit union. So why do consumers leave their credit union if they rate them so highly on customer engagement?

Credit Union

FICO

OCTOBER 23, 2019

Scott Rogers, one of the experts quoted in the book, explains that there is a ‘disconnect between attitudes and behavior’ when you look at credit unions. In the US around 30 percent of people are members of a credit union. So why do consumers leave their credit union if they rate them so highly on customer engagement?

Credit Union

Fintech Labs Insights

MAY 30, 2017

Langenberg demonstrated how prospective borrowers enter some basic personal information (type of loan desired, the loan amount, credit score estimate, education level, employment status, home type and location, military status if any) at the SuperMoney website.

Process