Over the years, the insurance industry's payment processing sector has faced numerous inefficiencies, primarily due to its reliance on outdated systems and manual procedures. These archaic methods contribute to substantial operational challenges, including slow processing times, high-value
December 19, 2024The transformative potential of payment service providers (PSPs) in the eCommerce landscape can no longer be overlooked, especially in the United States. A comprehensive survey conducted by PYMNTS Intelligence in collaboration with Mastercard, spanning five countries—Australia, Brazil, the UAE, the
December 17, 2024The insurance industry is currently navigating the complexities of adopting real-time payment systems, a move that promises to revolutionize the sector by enhancing efficiency and customer satisfaction. Simultaneously, the UK government is taking significant steps to regulate the use of copyrighted
December 17, 2024In a significant move to enhance its digital banking services, TAPCO Credit Union, located in Tacoma, Washington, has successfully rolled out a cutting-edge digital banking solution provided by Lumin Digital, a pioneering cloud-native digital banking provider. This strategic implementation comes at
December 16, 2024The financial technology (FinTech) sector is on the brink of significant transformation, driven by innovations, consumer demands, and regulatory frameworks. By 2025, several key trends are expected to redefine the landscape, offering new opportunities and challenges for businesses and consumers
December 16, 2024In a rapidly evolving world where technology and customer expectations are constantly changing, traditional banks face the challenge of transforming their services to stay competitive and relevant. Digital banking is no longer just about handling transactions; it's about creating immersive
December 16, 2024