For Credit Unions Seeking to Digitalize, Catalyst Offers In-App P2P Solution
As digital financial products continue to evolve, many credit unions have struggled to keep up. To help address this issue, Catalyst, in partnership with Neural Payments, has developed a peer-to-peer (P2P) solution that integrates with credit unions’ mobile apps. This functionality may draw comparisons to Zelle, which allows customers of major financial institutions to send […]
UK Government to Shut Down Its Payments Regulator
The UK has announced it will abolish its payments oversight body, The Payment Systems Regulator (PSR), and transfer its functions to the Financial Conduct Authority (FCA). While many financial institutions have welcomed the move as a step toward reducing bureaucracy, it leaves the UK’s fraud-fighting framework up in the air. The government stated that its […]
Navigating an Omnichannel Payments Strategy
One of the biggest challenges in the payments landscape is that customer expectations are constantly evolving. Thirty years ago, customers knew they could expect one experience when shopping from a catalog and another when shopping in-store. But then, Amazon came along and redefined the process, shifting customer expectations forever. Now, the evolutionary wheel has landed […]