| Federal Reserveâs Cunha On The State (And Timeframe) Of Digital Dollars Central Bank Digital Currencies (CBDC) are here to stay. Or will be. Maybe. If they work at all. Jim Cunha, senior vice president of secure payments and FinTech at the Federal Reserve Bank of Boston tells Karen Webster why the Fed is working with MIT to explore digital dollars. Hereâs what he thinks might lie ahead â and what milestones to watch for. |
| GetMyBoat: Why Boat Rentals Are Making A Splash This Summer The old adage that itâs better to know a friend â or a boat rental company â with a boat than own one is in full swing this summer as consumers take to the open waters in rented vessels to socially distance on the high seas. Bryan Petro, chief operating officer of GetMyBoat, tells PYMNTS that demand rose 3,900 percent between April and August. But with booming demand comes a boatload of fraud. Hereâs how theyâre keeping that at bay. |
| The Main Street Rescue That Wasnât (And Still Isnât) The U.S. governmentâs Main Street Lending Program is supposed to help small- and medium-sized businesses survive the COVID-related meltdown, but itâs not exactly lighting a fire under SMBs to apply â or banks to lend to them. Hereâs why the program may not save Main Street after all. |
| Buy Now, Pay Later Tracker |
| Report: Installment Payments Newest Feature: Social Responsibility Consumers want to shop with brands that offer flexible and predictable credit terms and make it possible to contribute to nonprofits that resonate with them, says Jeremy Smith, head of product for mobile accessories retailer Casely. In the latest Buy Now, Pay Later Tracker, Smith explains how marrying payment flexibility and charitable giving have become key to engaging shoppers for the long term. |
| The Impact of Mobile Card Apps On FI Customer Retention Small community banks and credit unions feel the pinch as large money center banks and digital challengers woo their customers. Ondot Chief Strategy Officer Todd Lesher tells PYMNTS that to keep clients, smaller FIs must take a fresh mobile look at their card offerings. |
| | Digital-First Banking Tracker™ | | New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM Interactive teller machines (ITMs) have become a popular alternative to physical branches for many services, but an astounding 86 percent of operators report fraudsters use stolen credentials to access accounts via ITMs. In Augustâs Digital-First Banking Tracker, Jason Powers, senior vice president at Ascend Federal Credit Union, explains how behavioral analytics at the ITM helps keep fraudsters away. |
|
