The need for digital transformation in the industry boils down to the need to bring consumers a more seamless user experience.
Technological advances are enabling fraudsters to commit more sophisticated acts of deceit with increasing anonymity.
E-commerce and account openings growing cybercrime as financial services customers continue to login to online banking via mobile apps almost twice as much as via desktop.
New mobile app allows cardholders to make payments, view statements and manage accounts from anywhere.
Malauzai's Picture Pay allows users to pay a bill simply by snapping a picture of it with a mobile device.
The monthly growth rate for Malauzai's Picture Pay, which allows users to pay a bill by snapping its picture, is at 2.5%.
New service allows FIs to release their own app with card management services.
Why the time is right for credit unions to zero in on this niche market.
Many of the same human instincts and needs that make a culture productive also make an app attractive.
The study will explore how credit unions can best leverage the emerging technology.