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FinovateSpring 2024 Sneak Peek Series: Part 4

Finovate

Features From data collection to document generation and e-signatures, Anvil – Document SDK provides a comprehensive solution that prepares organizations for the data-first, AI-driven world. Fintechs, insurtechs, and banks. FinTech Insights FinTech Insights is an AI-powered competitive analysis platform for banks and fintechs.

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Hackers Sink Their Teeth Into Arby’s Credit Card Data

PYMNTS

Krebs noted that the first mention of the breach came from a Credit Union Service Organization (CUSO) called PSCU , which sent out a non-public alert to the 800 credit union member banks it serves advising that it had received a list of compromised card numbers from Mastercard and Visa.

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Credit Unions Doing Cyber-Battle

PYMNTS

After rumors of decline, CUs kicked off the roaring 2020s with higher metrics across the board – mortgage loans up by a staggering 81 percent, loan originations up almost 30 percent year over year, and non-real estate loans up by double digits. Seems that everybody likes credit unions—including cybercrooks. The Trust Factor.

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PSCU Expects To Issue More Than 3M Contactless Cards In 2020

PYMNTS

Payments credit union PSCU is prepared to handle what they predict will be a rush in 2020 to adopt contactless cards, the company said in a press release on Wednesday (Nov. In 2020, PSCU anticipates distribution of more than three million new contactless cards to 100-plus credit unions.

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Why Credit Union’s ‘Mature Trust Model’ Matters For Members

PYMNTS

As COVID-19, the disease caused by the coronavirus , ravages the economy, and millions of Americans shelter in place to figure out their next financial moves amid layoffs and volatile markets, credit unions (CUs) have a role to play — particularly in the battle against fraudsters who would prey upon CU members at this most vulnerable moment.

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Deep Dive: Measuring COVID-19’s Impact On Consumers’ Payment Preferences

PYMNTS

Credit union service organization (CUSO) PSCU reported that, among its members’ customers, debit spending at grocery stores was up 10 percent year over year for March 17 to March 23. Consumers making in-store purchases largely turned to cash for their non-credit card transactions.

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Data Dive: FedEx Competes, BoA Automates And Hackers Hack … Everyone, Including Each Other

PYMNTS

Speaking of responding to feedback… Bank Of America And The Automated Branch. In an attempt to build banking and financial services products for literally everyone, Bank of America is experimenting with a fully automated branch design. “I think that is differentiated in the marketplace. BoA is one of many U.S.