February 2017
The payments industry has evolved significantly over the past several decades. As more options are offered to consumers, it’s important that credit unions change with the industry to remain relevant and competitive.
Read MoreDecember 2016
Internet security isn’t something credit unions and other companies can let fall by the wayside. Software vulnerabilities are dangerous, and criminals are on the prowl, searching for their next victim.
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 MoreJune 2016
Since the EMV liability shift in October 2015, merchants have had their fair share of things to consider. Beyond the logistics of preparing a shop to accept EMV cards, many retailers have had a rude awakening when fraud does occur at their establishment despite the new technology.
Read MoreJune 2016
ATMs can be very convenient at times. Only about 20 percent of people carry more than $50 in their wallet, according to The Washington Post. This leaves little leeway for paying someone back, going to cash-only businesses or offering to split a check with a friend.
Read MoreJune 2016
EMV technology is designed to reduce point-of-sale fraud. The shift that took place in the U.S. last year urged merchants, credit unions, banks and other credit card issuers to adopt the technology to help keep members and consumers safe.
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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