PYMNTS

MAY 27, 2020

And that is something that merchants, as well as community banks and credit unions, must be prepared for.”. For credit unions (CUs) and community banks serving those small businesses, partnerships can help speed up the process of providing financial services and to enable new payment flows for merchants. Getting Prepared.

Contactless Payments 112

Contactless Payments Credit Union Point-of-Sale (POS) Online and Mobile Banking 112

PYMNTS

MARCH 9, 2020

Digitization and modernization are key, yet for the regional banks and credit unions that are left in the wake of larger institutions shuttering their branches, the process is a challenge. Regional Banks, Credit Unions Compete. Branch Deserts. This presents an opportunity for companies like Verdigris to fill the gap.

Credit Union 75

Credit Union Small Business Community Banks Online and Mobile Banking 75

PYMNTS

APRIL 24, 2020

. COVID-19 has closed bank and credit union (CU) branches across the United States, sending the demand for digital banking solutions soaring as consumers hop online to manage their finances from home. However, CUs are not the only financial institutions (FIs) looking to offer digital banking innovations to their members.

Credit Union 75

Credit Union P2P Innovation Non-Bank 75

Fintech Finance

OCTOBER 4, 2024

Key challenges include the development of ubiquitous fraud prevention tools and end-user interfaces. The study, fielded between July 25 and August 20, 2024, included responses from 25 third-party enablers, such as payment processors, gateways, digital vendors, bankers’ banks, and corporate credit unions, serving 90% of U.S.

Instant Payments 93

Instant Payments Faster Payments FPC Corporate Credit Unions 93

Fintech Finance

AUGUST 5, 2024

These customizable apps are designed to meet the needs of traditional banks, neobanks, credit unions, FinTech platforms, and non-financial brands, offering a quick to deploy and cost-effective solution for digital banking.

Credit Union 52

Credit Union Cross-Border Payments End User Non-Bank 52

PYMNTS

MAY 8, 2019

The Playbook is an educational and online decisioning platform that will enable banks, credit unions and businesses to develop a faster payments strategy. Its first version will focus on financial institutions (FIs), such as credit unions, as well as community and regional banks, while one for business end users is set to follow.

FPC 50

FPC NACHA Faster Payments Credit Union 50

Finovate

AUGUST 20, 2024

BankShift harmonizes brands with banking technology, enabling community banks and credit unions to seamlessly embed their digital banking ecosystems within a brand’s app to create new revenue streams. Banks, credit unions, payment providers, and financial institutions focused on unsecured consumer lending.

Credit Union 59

Credit Union Payment APIs and Integration BSA SARS 59

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 52

Credit Union OFAC Alternative Payment Methods Database 52

The Fintech Times

AUGUST 7, 2024

Mbanq designed the new customisable apps to meet the digital banking needs of traditional banks, neobanks, credit unions, fintech platforms, and non-financial brands. Financial institutions can tailor the apps to reflect their unique branding and service preferences, ensuring a distinct and cohesive user experience.

Process 59

Process Credit Union Cross-Border Payments Non-Bank 59

PYMNTS

MARCH 30, 2020

As COVID-19, the disease caused by the coronavirus , ravages the economy, and millions of Americans shelter in place to figure out their next financial moves amid layoffs and volatile markets, credit unions (CUs) have a role to play — particularly in the battle against fraudsters who would prey upon CU members at this most vulnerable moment.

Credit Union 57

Credit Union Credit Union Service Organization Privacy Cybersecurity 57

PYMNTS

DECEMBER 4, 2020

Banking as a Service (BaaS) is poised to change the end user experience of corporates as they navigate the daily challenges of cash flow management, supply chain activity and the need to become digital-first. So far, corporate banking users are always left out in the cold.”

End User 89

End User API Credit Union Value Added Service 89

Finovate

AUGUST 8, 2024

ComplyCo ComplyCo offers the visibility and control needed to effectively oversee digital environments, leveraging end-user session recordings to support monitoring and observability for non-technical teams. High-street banks, credit unions, community banks, regional banks, challenger banks, fintechs, and digital banking providers.

Disputes 52

Disputes Credit Union Due Diligence Scams 52

PYMNTS

AUGUST 5, 2020

Fast forward to today, and technology has helped play a role in helping Coinstar embrace new offerings and use cases, spanning paper vouchers for cash, or eGift cards for Amazon and Starbucks, among others; and in terms of mechanics, Gaherity said, in the case of eGift cards it is the product partner, not the end-user, who pays the fee.

Bitcoin 135

Bitcoin Payment APIs and Integration Online and Mobile Banking Credit Union 135

PYMNTS

MARCH 22, 2018

At least, that’s what Keith Riddle, EVP, enterprise solutions development at Corporate One Federal Credit Union , said the company thought when it decided to dive in and develop a skill for the challenge. Visual supports a seamless user experience. The ultimate goal, he said, is to achieve ubiquity of faster payments by 2020.

Credit Union 46

Credit Union Faster Payments Corporate Credit Unions Deposit Account 46

PYMNTS

APRIL 21, 2020

Along the way, Verdon said, firms can branch out into new offerings as they cater to end users’ demand. That sentiment is borne out by PYMNTS research in the latest 2020 Credit Union Innovation Index , which found that among credit union consumers, 21.9

Online and Mobile Banking 92

Online and Mobile Banking IBAN Non-Bank Credit Union 92

Faster Payments Council

MAY 23, 2021

Business End Users Perry Starr, Target Corporation (term ends 2024) Stuart Dwyer, Microsoft (term ends 2023) Matt Howarter, Walmart Inc.

Faster Payments 68

Faster Payments FPC Credit Union Payments 68

PYMNTS

JANUARY 17, 2018

A customer using voice to interact with his credit union may not want his connected car or television or Echo speaker to read out the balances in his accounts, Riddle said, by way of example. From a credit union’s perspective, the value-add would be more than just an improved customer experience.

Credit Union 43

Credit Union Participant Checks End User 43

PYMNTS

SEPTEMBER 21, 2016

Same Day ACH will create a new option for faster payments for all the banks and credit unions across the U.S. While both Same Day ACH and real-time payment initiatives have unique functionality and innovative use cases serving distinct end-user needs, collectively, these initiatives will give U.S.

Faster Payments 76

Faster Payments Same Day ACH ACH ACH Network 76

PYMNTS

MARCH 11, 2020

The number of banks and credit unions in our pipeline to implement the RTP network actually went up five-fold since the Aug. We are also working on use of the network … with third-party software providers [that are] enabling end users [and] financial institutions [to use] the product,” Ledford said. “We

Faster Payments 74

Faster Payments Federal Reserve FedNow RTP 74

PYMNTS

AUGUST 4, 2020

In terms of mechanics, the accounts would be offered through Google Pay on the front end, consumer-facing side of the equation, while using BBVA’s existing infrastructure to deliver financial services and products to consumers.

Checks 119

Checks Accounts Consumer FDIC 119

PYMNTS

JUNE 2, 2020

FIs and FinTechs are busy agreeing on standards for digital-only operations, and as things are tightened up on the back end, front end user experience is the promised land of personalization. “As Banks and credit unions collect an enormous amount of data for each of their users.

Credit Union 53

Credit Union API End User On-Demand 53

Faster Payments Council

JANUARY 20, 2020

The Playbook, which is an online educational platform, encourages adoption of faster payments by helping banks and credit unions develop and launch a faster payments strategy. It's a primary reason we partnered with Nacha's Payments Innovation Alliance (PIA) to launch the Faster Payments Playbook.

Faster Payments 68

Faster Payments Payments Tools FPC NACHA 68

Fintech Finance

FEBRUARY 27, 2024

The result is the accelerated deployment of instant payments, reduced transaction costs, and centralized reporting across all payment rails, as well as a better experience and more payment options for end users. The evolving U.S.

Instant Payments 52

Instant Payments Payment Solutions ISO 20022 FedNow 52

PYMNTS

JUNE 18, 2019

That effort made significant progress this week with FinTechs and financial institutions looking to take advantage of the benefits of real-time payments for their customers — beyond speed, and with an eye on corporate end-users. Smaller banks, credit unions and tech giants, however, seem to be in favor of it.

RTP 47

RTP Real Time Payments Credit Union Payment APIs and Integration 47

The Paypers

OCTOBER 18, 2016

(The Paypers) Yodo has signed a letter of intent with the World Council of Credit Unions (WOCCU) to bring mobile payments to the Council's financial institutions and end users.

Mobile Payments 28

Mobile Payments Credit Union End User Payments 28

PYMNTS

NOVEMBER 7, 2017

This fragmentation of payments infrastructure creates a disjointed end user experience. The startup is all about making that magic happen by simplifying the process for banks so they can then extend that simplified experience to end users. Even within the U.S., The startup has its sights on the U.S.

Cross-Border 40

Cross-Border Zelle Real Time Payments Instant Payments 40

PYMNTS

MAY 6, 2019

Mastercard Bill Pay Exchange, announced in October 2018, is a platform that lets consumers manage and pay bills — spanning utilities, rent, credit cards and other financial obligations — through digital banking applications. Banks and credit unions can access the platform through application program interfaces (APIs).

Visa 57

Visa Payment APIs and Integration ISO 20022 Online and Mobile Banking 57

PYMNTS

NOVEMBER 24, 2020

Bank is now a part of the Akoya Data Access Network, which aims to provide end users with greater control over their data and the third-party platforms with which they share it. An announcement stated that U.S. In a statement, U.S. Meridian Taps Thinking Capital For SMB Finance.

Payment APIs and Integration 60

Payment APIs and Integration Small Business API Underwriting 60

PYMNTS

FEBRUARY 29, 2016

To that end, NYMBUS, a core banking software company based in Florida, has partnered with Geezeo, a white-label personal finance management solutions provider that caters to banks and credit unions.

Finance 43

Finance Credit Union B2B Blocks 43

Lending Front

MARCH 2, 2021

If you’re a community bank or credit union with a small geographic footprint, you can’t rely on small business owners to live or work near a branch anymore. For many small banks and credit unions, digital transformation isn’t a new concept.

Credit Union 40

Credit Union Small Business Underwriting Procedures 40

PYMNTS

JUNE 27, 2017

GoldBean is an “investing for beginners” platform designed to promote financial literacy and empower users to be confident, self-directed investors. By analyzing people’s actual spending, GoldBean’s digital investment platform creates customized portfolios featuring companies and brands that end users already know and use every day.

Financial Literacy 43

Financial Literacy Agreements Credit Union Advisors 43

PYMNTS

MAY 1, 2018

Users can also set up approved or blocked lists based on payment amounts, sender, frequency and start/end dates. The PRO-TECH CR solution offers similar services for incoming ACH credits. If end users receive an alert, they can return or accept the incoming ACH credit.

Real Time Payments 40

Real Time Payments ACH Addressing Accounts 40

Stax

DECEMBER 20, 2023

However, an exemption to this is debit cards issued by a bank with less than $10 billion in assets, also referred to as “exempt”, often a local bank or credit union—these have some of the highest interchange rates of all. Card-present transactions also incur lower rates compared to card-not-present transactions.

Credit Cards 167

Credit Cards Debit Card Processors Non-Bank 167

PYMNTS

DECEMBER 23, 2019

The specific issue in this case seems to be a security concern that prevented Plaid from accessing end-user data, such as routing information. The Federal Reserve is encountering issues, which is delaying ACH files,” Florida-based financial service firm VyStar Credit Union told clients in a tweet. Banks hold the data.

Venmo 52

Venmo Zelle Direct Deposit Federal Reserve 52

PYMNTS

JUNE 13, 2018

Across the board, banks, credit unions and FIs are turning to new tools that rely on AI and machine learning. We then leverage that data using machine learning, algorithms and other technology to provide data-driven advice for end users.”. That’s beginning to change, however.

API 46

API Regulations B2B On-Demand 46

PYMNTS

NOVEMBER 13, 2019

.” There’s also a “lack of trust” between the market’s top banks and the thousands of smaller credit unions and community banks.

Real Time Payments 51

Real Time Payments Faster Payments Federal Reserve RTP 51

PYMNTS

MARCH 18, 2019

Also keen on the Fed’s involvement were the community banks and credit unions that worry (as they should) about having TCH as the only operator of an RTP network in the U.S. Or that wire transfer revenues could be cannibalized as end users are incented to shift payments to RTP. the other being the Fed.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80