Amazon’s Merchant Lending Pivot | Facebook Gets The Smart Speaker Itch | Cutting Import/Export’s Receivables’ Risk

CONNECT WITH US

Credit Union Tracker™

CUs Turn To Data To Keep Up With The Joneses

For credit unions, challenging a growing competition means better understanding their customers’ needs. But doing so without data insights is like shooting arrows in the wind, says Kyle Casburn, CEO and president of Maine's Seaboard Federal Credit Union. In the latest Credit Union Tracker, Casburn explains how the CU is working to beat digital counterparts by utilizing data tools to provide members with products and services tailored to their needs.

Regulation Tracker

Cryptos And Sandboxes And Streamlined Money Licensing (Oh My!)

Support for the FinTech charter gained some steam recently when seven states lobbied to make it easier for traditional FIs and FinTechs to broaden their reach. PYMNTS spoke with Charles Clark, acting director of the Washington State Department of Financial Institutions, who explains why the push. And abroad, was it any wonder that cryptos held sway? Look a little closer and central banks are also examining the sandboxes suitable for FinTech playing and innovating. Details.

Community Banks

For Community Banks, Big Business From SMB Credit Cards

Community banks loom large in the workaday lives of SMBs. Yet relatively few businesses have credit cards with those local banks — offering banks significant opportunity to boost revenues from and cement relationships with those clients. ICBA CEO Tina Giorgio explains how.

For Cross-Border Receivables, Lobster Wholesalers Tighten Claws

China is crazy for crustaceans — the country imports more than $100M worth of them from the U.S. each year. But with the growing appetite and booming business has come cross-border receivables pain. In the latest X-Border Receivables Report, Stephanie Nadeau, owner of The Lobster Company, discusses the receivables risk U.S. wholesalers run — and why lagging cash flows are leading many to tighten their claws around the payments supply chain.

What's Hot

Uber CEO Sees Its Future Beyond Cars

Amazon Taps BoA To Reduce Merchant Lending Risk

Facebook Gets The Smart Speaker Itch

IdentityMind Raises $10M

Berkshire’s Munger Calls Bitcoin 'Noxious Poison'

CFTC Commissioner Tells Cryptos To Self-Regulate

Citi Makes B2B Play With HighRadius Investment

Ripple, Saudi Arabia Central Bank Launch Pilot

India Bank Could Be Ground Zero For A $1.8B Fraud

Bitcoin Daily: Coinbase Woos Merchants With New Crypto Tools, Most Crypto Traders Don’t Pay Taxes

Best of Yesterday

39 Global Leaders Show Us Payments’ Future

NEW DATA: Cash’s Influence In Mexico Goes Digital