5 Must Reads: Do You Really Want to Pay That Way?

March 23, 2017 Co-op Solutions

This week we have to ask: Is new always better? Sometimes, it’s a clear yes. As digital payments catch on, we miss our cards less and less. But what about payment-enabled sunglasses? Or the app you downloaded that never quite works correctly? Are we ready for our smartphones to recognize our faces? And in this week’s THINK Extra: Why change itself requires innovation. Happy reading!

TOP READ: Why “Top of Wallet” Is No Longer Enough

CUNA Payments Blog

“The physical credit/debit card is going the way of the audio CD.” These words send shivers down the spines of those of us old enough to remember audio CDs. Card usage is up and interchange plays a critical role in credit union revenue, but being “top of app” is the key to future success in the no-longer-aptly-named card game.

 

Forget Smartphones, Visa Wants You to Pay with Your Sunglasses

Payment Eye

Visa planned to launch new NFC-enabled sunglasses at this year’s SXSW in Austin, Texas, prompting three obvious questions. One, will this idea catch on with cardholders and investors? Two, can sunglasses deliver a glitch-free, un-awkward payment experience? And three, can these shades be safe, considering how likely users are to lose their sunglasses?

 

Samsung’s New S8 to Adopt Facial Recognition for Payments

Bloomberg

The new Samsung S8 smartphone would know that face anywhere – which is good, since it may employ facial recognition for mobile payments within months of its release.

 

PayPal’s Cash-to-Digital Proposition: Good to Go?

PYMNTS

PayPal may have a new trick up its sleeve: cash-to-digital payments. With its acquisition of cash-to-digital payments service TIO Networks, PayPal is aiming to provide consumers with the ability to convert cash into digital bill payments at locations like RiteAid and Cricket Wireless.

 

Innovation, Yes – But First Improve What We Already Have

Paybefore

British consumers are all for payments innovation. But a full 44 percent want improvements to the tools they already use; 35 percent want more responsive customer service and better information about their digital tools; and 31 percent want more innovative experiences.

 

THINK Extra!

Why Managing Change Is Critical to Digital Transformation

Even if you achieve your loftiest goals, there’s change to be managed – and managed again.

The original article 5 Must Reads: Do You Really Want to Pay That Way? can be found on Insight Vault.

Previous Article
New Shopping Innovations Bring Traditional Cards and VR Together
New Shopping Innovations Bring Traditional Cards and VR Together

Earlier this year, billionaire technology and entertainment entrepreneur Mark Cuban told CNBC he believes t...

Next Article
Expert Viewpoint: Making the Case for Non-Variable Rate Credit Card Products
Expert Viewpoint: Making the Case for Non-Variable Rate Credit Card Products

By Ondine Irving When it comes to their credit card programs, credit unions should follow a best practice o...

×

Thank you!
Error - something went wrong!