Amazon Go expands to two cities, ADP launches Wisely Pay, Auto delinquency rates soar.

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

May 15, 2018

Credit Union Tracker™

NEW REPORT: Millennials Raise Credit Unions’ Innovation Bar

For CUs — much like traditional FIs — staying competitive requires getting comfortable with change. That means not only investing in innovation, but also helping members — and credit union staff — adapt to new tech, says SAC FCU president Gail DeBoer. In the latest Credit Union Tracker™, DeBoer discusses credit unions' investment in interactive teller machines (ITMs) and how a sizable millennial membership is pushing them to innovate faster and further than ever.

 

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Cybersecurity

Jumio CTO Paints A Portrait Of ‘IDV Nirvana’

On the internet, nobody knows you’re a dog — but somebody might be able to tell if you’re a fraudster, with the right identity verification protocols in place. In a recent digital discussion, Jumio CTO Labhesh Patel took a deep dive into the many considerations that eCommerce organizations must weigh when choosing a partner to identify bad actors and keep them out — while also identifying the good ones and letting them through.

 

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Data Drivers

i2cVP: For Top-Performing FIs, Infrastructure Matters, But So Does Mindset

Top-performing FIs foster a culture of innovation that helps them lead the way in customer relationships — the sticky kind, as noted in our latest Data Drivers. Technology is part of the equation (and so are sandboxes), i2c’s Lisa Fugate, VP of product management tells Karen Webster, but mindset matters. The time is right for laggards to take a look at what they do beyond the obvious arenas of P2P, digital and mobile.

 

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Mobile Payments

Samsung: Cash Back And Rewards Deliver Omnichannel Value To Consumers

Samsung Rewards and Samsung Pay are reinventing the mobile/digital shopping experience by changing the way rewards are earned, saved and spent. Nana Murugesan, VP, GM at Samsung Electronics and Sang Ahn, VP, GM at Samsung Pay NA, told Karen Webster that the tech giant is using its scale to create a cycle of usage by rewarding consumers who participate in new payment and shopping experiences. From visual shopping to using Samsung Pay at merchants to meeting health and fitness goals, Murugesan and Ahn told Webster the goal is to make Samsung Pay the most rewarding way to shop.

 

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