October 2016
The final few months of 2016 are sure to be filled with many big developments for our country. While the obvious one is the upcoming presidential election, there are plenty of other chances for change on the horizon. The Federal Reserve will meet two more times before the year’s end to discuss whether the economy
Read MoreOctober 2016
October is National Cyber Security Awareness Month
Read MoreSeptember 2016
Consumer security is a top priority for financial institutions across America. At a time when emerging technologies allow consumers to make purchases in any number of ways, having confidence that transactions are being made securely without any information being shared is important.
Read MoreSeptember 2016
The millennial generation is the largest cohort the world has ever produced, and they are quickly rewriting the rules in many industries. Two areas of change brought on by the younger generation is the way businesses are run and the way they interact with their financial institutions.
Read MoreAugust 2016
Today’s consumers are always looking for the best deals, and they have countless tools at their fingertips to find them. When it comes to financial institutions and their choice of credit and debit cards, rewards are among their top priorities.
Read MoreAugust 2016
When debit, credit and pre-paid cards first made their mark on consumer spending habits, there was typically a several-day wait period before a person actually received his or her card. Financial institutions have worked to reduce that wait time, and now consumers have grown to expect their card to be ready immediately after applying for or
Read MoreJuly 2016
Knowing the most current trends in the financial services industry is crucial for credit unions to remain and continually be relevant. According to Payments Industry Intelligence, one of the key trends for 2016 is adopting an omni-channel approach to banking.
Read MoreJuly 2016
Though the EMV shift last year was meant to improve the payments industry and make transactions more secure, the change has had its fair share of drawbacks.
Read MoreMay 2016
Every time a customer approaches the front of a check-out line, he or she faces a choice: what payment method to use to make the purchase. Inside his or her wallet might be cash as well as several different cards.
Read MoreApril 2016
Many businesses have historically struggled with online and mobile payments. The difficulty with onboarding new payments technology has thus made shopper conversion between the cart and the checkout a unique business task to master. PYMNTS reported that its latest Checkout Conversion Index showed a 3.1 percent decrease of mobile conversion rates from the previous quarter.
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