NotFinancialAdvice

Credit unions have distinct hallmarks: they are not-for-profit and member-owned. Yet amid the flood of financial services companies in today’s digital landscape, these differentiators can be difficult to convey. While many younger consumers are actively seeking the

Every year, billions of dollars vanish at the final step of online shopping, not because consumers change their minds, but because of hurdles within the checkout experience. Despite decades of innovation in payments technology, many shoppers still walk away when che

Not long ago, payments meant paper, ink, and a trip to the mailbox. Today, consumers expect the opposite—transactions that are contactless, mobile-friendly, and processed in real time. With countless digital payment methods now operating smoothly and instantly, it’s

In the post-COVID era of remote work, organizations often struggle to find meaningful ways to recognize their top performers. In-person celebrations are not always possible, and traditional physical gifts can sometimes feel impersonal or difficult to deliver

Digital banking has trained consumers to expect speed, simplicity, and instant results. Yet, when those same expectations reach the commercial side of the house, many financial institutions fall short—leaving business clients stuck in slow, manual onboarding

Germany is bidding farewell to the paper check. Once a staple of everyday payments, checks are now all but obsolete, and the government plans to eliminate them completely by the end of 2027—a glimpse of a check-free world that’s unfolding in the U.S.
A report

A bank’s public website no longer has the luxury of serving as a passive storefront. AI-powered overviews, social media influencers, and other personal finance sites increasingly shape how consumers discover and evaluate financial products, making it harder for fina

ClearBank, the enabler of real-time clearing and embedded banking, has announced a collaboration with PhotonPay, an AI-powered global digital financial infrastructure provider offering payment solutions to businesses worldwide. Through this collaboration, PhotonPay’

On one hand, digital banking technologies have made it possible for financial institutions to offer more services than ever before. On the other, this shift has often made it harder for banks and credit unions to differentiate themselves. That challenge is likely to

Mobile wallet payments in Australia have grown 23-fold over the past six years, according to the Australian Banking Association. During this digital transformation, concerns have emerged that a significant portion of the population may be left behind.
Alongside the

More than a decade after the Dodd-Frank Act redrew the regulatory boundaries of the banking industry, two Republican senators are seeking to revisit one if its key thresholds—a move that could steer millions in additional debit card revenue to community banks,

Using debt to fund gambling activities is a highly risky proposition, even more so when transaction fees are involved. That’s why online betting giant FanDuel will no longer allow customers to fund accounts with credit cards.
The ban will apply to the company’s

As information highways have opened new avenues to the global marketplace, many business owners have been attracted to these new frontiers. However, there are unique challenges associated with cross-border operations that go far beyond currency conversions and

The costs of debit card fraud have increasingly tilted toward merchants, with retailers now bearing nearly half of the overall burden rather than banks or payment networks.
That shift is documented in biennial data from the Federal Reserve, which publishes its debi

The secured credit card has long been the industry’s solution for consumers without credit histories. A new generation of credit builder cards is testing whether that solution still holds. Offered by several fintechs, the cards require users to fund an associated de

For years, compliance and security concerns kept many financial institutions on the sidelines of the digital asset market. Now, that hesitation is giving way to cautious optimism—and, increasingly, active participation.
That shift is due in part to the passage of t

Retailers across Japan have begun alerting customers that they will stop accepting WeChat Pay and Alipay, China’s two largest digital payment systems. While political friction is contributing to the growing economic separation between the two countries, the shift al

While stablecoin usage in payments is expanding quickly, most current activity is still concentrated in internal use cases rather than external payments. Although total stablecoin transaction volume is estimated at roughly $35 trillion annually, the portion tied

The essay discusses the mainstream acceptance of crypto and digital assets, highlighting issues faced by users in the UK, such as blocked transactions due to financial institution policies. It argues that these restrictions hinder innovation despite growing institutional investment in crypto technology, urging banks to differentiate policies for licensed firms.