Mergers are born of the principle that a combination of enterprises is greater than the sum of the respective parts. Chuck Fagan, president and CEO of PSCU/Co-op Solutions, told Karen Webster that PSCU’s combination with Co-op Solutions will create an end-to-end aggregator of digitally enhanced...
Banking technology firm Amount has introduced a new digital origination and decisioning Software-as-a-Service (SaaS) platform. “At Amount, we understand the urgent need for financial institutions to adapt and diversify their strategies amidst challenging market dynamics,” Amount CEO Adam Hughes said in a news release Thursday...
Buy now, pay later (BNPL) plans seem to be everywhere, but the greenfield opportunity remains relatively untapped. In “Banking on Buy Now, Pay Later: Installment Payments and FIs’ Untapped Opportunity,” a PYMNTS and Amount collaboration, we found that 50 million consumers used BNPL through 2022....
Many consumers like the idea of having all their banking products reside within the same financial institution, as long as banks and FIs can overcome some consumer worries. The topic is analyzed in “Bundled Banking Products: Matching Product Offerings With Customer Demand,” a PYMNTS and...
July 13, 2023
Buy now, pay later (BNPL) plans seem to be everywhere, but the greenfield opportunity remains relatively untapped. In “Banking on Buy Now, Pay Later: Installment Payments and FIs’ Untapped Opportunity,” a PYMNTS and Amount collaboration, we found that 50 million consumers used BNPL through 2022. And the appeal of paying by installments, as relayed to […]
June 06, 2023
Many consumers like the idea of having all their banking products reside within the same financial institution, as long as banks and FIs can overcome some consumer worries. The topic...
January 30, 2023
Card-issuing banks offering payment advice to clients may benefit from decreased delinquencies and higher long-term customer retention. Data suggests that consumers are increasingly reaching for their credit cards to handle...
August 19, 2022
Over the past 10 years or so as FinTechs came to dominate payments innovation disintermediation was the ticket, breaking out individual banking functions and building financial products with a singular...
April 10, 2024
PSCU/Co-op Solutions has teamed with Amount to launch a digital lending suite. The suite, dubbed Origination Solutions, is now in the pilot stage with two credit unions, the credit union service organization (CUSO) announced in a Wednesday (April 10) news release provided to PYMNTS. “Today’s consumers expect immediacy and a frictionless experience, especially around less complex and higher […]
October 20, 2023
Banking technology firm Amount has introduced a new digital origination and decisioning Software-as-a-Service (SaaS) platform. “At Amount, we understand the urgent need for financial institutions to adapt and diversify their...
April 25, 2022
PSCU, the nation’s largest credit union service organization, is now working with Amount, which offers various omnichannel and BNPL services, a press release notes. This will give PSCU and its...
February 01, 2022
Banking tech provider Amount is acquiring small business and account origination platform Linear Financial Technologies for an undisclosed amount, the companies announced on Tuesday (Feb. 1). Linear’s suite of solutions...
