Credit unions (CUs) have long been a reliable source for credit products such as credit cards, mortgages, auto loans and personal loans. However, with the rise of non-bank and non-CU financial entities offering competitive deals, consumers are increasingly looking for better options. In “Credit Union...
Credit unions (CUs) are known for their personalized and member-focused services, which is an attractive offering for many of their members. But alternatively, they have paid less attention to digital innovations than rivals such as FinTechs or digital-only banks. Lagging in digital innovations poses a...
Financial institutions (FIs) are facing an increasing threat of fraud and financial crime in the digital age. And as the volume and sophistication of fraudulent transactions continue to rise, FIs are turning to cutting-edge tools and technologies to enhance their security measures. In “Financial Institutions...
Amber Carroll, senior vice president of membership and lifecycle strategy at LendingClub, told PYMNTS that U.S. consumers face a cash drain — but proactive planning can go a long way toward addressing the pressures of everyday financial life. The data from joint research by PYMNTS Intelligence and...
December 29, 2023
Credit unions (CUs) have long been a reliable source for credit products such as credit cards, mortgages, auto loans and personal loans. However, with the rise of non-bank and non-CU financial entities offering competitive deals, consumers are increasingly looking for better options. In “Credit Union Innovation: How Credit Product Rates Impact FI Selection,” PYMNTS Intelligence […]
November 28, 2023
Amber Carroll, senior vice president of membership and lifecycle strategy at LendingClub, told PYMNTS that U.S. consumers face a cash drain — but proactive planning can go a long way toward...
September 28, 2023
Hans Tesselaar, executive director of BIAN, told PYMNTS that the digital transformation of banking hinges on innovation, on interoperability between financial institution and providers forged across an agile ecosystem. But...
July 28, 2023
Eric Dean, head of platform partnerships at Banyan, told PYMNTS that flexibility must govern marketing programs as merchants and financial institutions (FIs) seek to streamline and improve customer engagement. These...
November 12, 2023
Digital banking solutions provider Alkami is offering clients access to Plaid’s application programming interface (API). The new offering, announced Thursday (Nov. 9) lets Alkami’s financial institution (FI) clients benefit from the API from Plaid, whose data network that powers more than 8,000 financial services and apps. “This is a first-to-market partnership with Plaid for Alkami where a majority of financial […]
August 24, 2023
Consumer-permissioned data — as a concept — is nothing new in financial services. Look back across the past few decades, Jamie DelMedico, vice president and head of product for Fiserv’s...
June 27, 2023
Fraud prevention firm Sardine has launched an industrywide, independent consortium to curtail payment fraud. The new SardineX will bring together financial institutions and FinTech companies to share data and establish the credentials of senders...
September 22, 2022
Italy’s Metoda Finance has partnered with German cloud-banking platform Mambu to improve regulatory compliance for Italian financial institutions (FIs) making the digital transformation, a press release said Thursday (Sept. 22)....
