BEIJING, China—As if the complexity of mobile wallet offerings in the wake of Apple Pay and Samsung Pay weren’t enough, there’s a new wrinkle in e-wallets that is likely on its way to the U.S.: an e-wallet account that pays interest.
ARLINGTON, Va.-State regulators have offered their feedback to what their federal counterparts have planned.
ST. PETERSBURG, Fla.—Apple Pay’s launch has led to a rash of moves within the mobile payments space that are leading to consumer confusion over payment options, according to analysts who are predicting that some convergence is in the offing.
NEW YORK CITY—What’s love got to do with it? A lot, according to Mollie Bell, chief innovation officer with the Filene Research Institute. Bell told PSCU’s MoPRO meeting here that love for the credit union business model and what it means to people—especially Millennials—will be critical for future growth. But she also made clear that love alone cannot conquer all.
NEW YORK—Credit unions were offered “lessons in protecting the online channel” by the former CIO of the White House.
LOMBARD, Ill.—With “reasonably good results” from 2014 behind them, financial institutions in 2015 will need to watch several ongoing issues, such as regulatory burden and the changing role of the branch, and pay attention to escalating challenges—declining income from overdrafts and debit cards.
ORLANDO—NACUSO presented its 2015 Collaboration & Innovation of the Year Award to both a CUSO and a credit union at its meeting here.
LAKE MARY, Fla.—After acquiring Harland Financial Solutions more than a year ago, D+H reports that the company’s U.S. business is prospering.
HAUPPAUGE, N.Y.—One automotive lending expert sees leasing as a good way for CUs to beef up their loan portfolio as well as the percentage of Millennials within the membership.
PAPILLION, Neb.—SAC FCU contends that in the fight against fraudsters, a credit union simply can’t do it alone.