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The CFPB Works to Regulate the Payments Industry
This blog is an excerpt from the article “3 Disruptive Payment Trends Wracking Nerves across the Movement” published on CUinsight. In my previous posts — “Shifts in the Payments Landscape” and “EMV...
View ArticleUse of #Mobile for Advanced Banking Services on the Rise
U.S. consumers are using their mobile devices more often to fill out financial institution (FI) online account applications, according to a new report from Andera and Celent. The report concluded that...
View ArticleTrust Issues May Hamper Facebook #Payments
Numbers like 721 billion (the amount of money that will be spent via mobile devices) and 450 million (the number of mobile wallet users expected by 2017), attract a lot of attention. Drawn to consumer...
View ArticleSeasonal #Spending Data Can Help Issuers Design Promotions
A recent spending report showed a dollar volume growth of 4.2 percent in May. Retail spending saw a 1.7-percent increase, a slight bump from 1.3 percent the previous month. Importantly for issuers, the...
View ArticleTMG Credit Union Clients are Award-Winning Workplaces!
Six of The Members Group’s (TMG’s) credit union clients were recently included in the Credit Union Journal’s inaugural list of the Best Credit Unions to Work For. Research firm Best Companies Group...
View ArticleFuture of #Mobile Pay Technology: #Wearables & Quality Apps
I recently had the honor of participating in the “En route to a cashless 2.0?” session at The Money Event in Las Vegas. This discussion on the future of wearable payments technologies took place during...
View ArticleA Look at What’s Ahead for #CreditCards
In almost every industry, a new year means new trends and expectations. The credit card industry is no different. EMV chip cards are receiving a great deal of attention these days, but it isn’t the...
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#Innovation Key to Financial Services Future
“Innovate or die” has become an Internet buzz phrase of late. While this blunt phrase may seem extreme, in this ever-changing digital world, there’s at least some truth to it. Even so, innovation often...
View Article#ApplePay Grows in Popularity, Users Happy with Platform
Apple Pay continues to grow in usage and popularity, and users of the mobile wallet platform are overall happier with their experience than users of competing mobile payment providers. Recent data from...
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#Wearable Payments Poised for Substantial Growth
Manufacturers, payment providers and consumers are increasingly focused on smart watches, fitness trackers and wristbands to make payments. A recent Tractica report concludes smartwatches and payment...
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