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PSCU’s Lumin Teams With Vermont Credit Union To Provide Digital Banking

PYMNTS

PSCU’s Lumin Digital has signed the Vermont State Employees Credit Union (VSECU) to a multi-year digital banking and cloud computing agreement, Lumin announced on Wednesday (Feb. Founded in 1947 in Montpelier, Vermont, VSECU strives to offer its nearly 70,000 members economical savings and credit. .

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Uber Eats Updates Its App To Pay Tab While Dining In

PYMNTS

USA Today reported the “Uber Eats Contactless Order Feature” allows users to pay the tab with the app while at a restaurant to eliminate the use of bill holders, credit cards and pens. The dine-in payment feature will launch in Atlanta, Boston, Chicago, Indianapolis, Philadelphia, New York City, Vermont, and Washington, D.C.

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Lease-To-Own Services Make A Comeback With Overstock.com

PYMNTS

Overstock.com is no stranger to offering financial services — it already provides credit cards, lending, investments and insurance services to its customers. Marqeta is a card issuing and core processing platform, powering prepaid, debit and credit cards for commerce firms. Modern Takes On Lease-To-Own.

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Sears Offers Online ‘LEASE IT’ Financing Program

PYMNTS

The standard lease term is as short as five months, with an early purchase option at 30, 60 or 90 days (not available in New Jersey, Vermont, Wisconsin or West Virginia). Lease payments can be automatically deducted from a member’s bank account or credit card.

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The Whole Paycheck Tracker: HQ Enhancements, Empathetic AI And Special Guest Bernie Sanders

PYMNTS

Left Turn of the Week: Gifts Cards For Body Scans. In an attempt to learn more about the diversity of human shapes and sizes, Amazon is paying volunteers (a $25 Amazon gift card) to get scanned, taped and photographed as part of a study to “learn about diversity among body shapes.”. AI Enhancement. Guess what?

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The 2022 GonzoBanker Awards

Gonzobanker

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Acronym of the Year – CCCA (Credit Card Competition Act). Let’s see how this new scale allows for big investments in future innovation.

Community 216
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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Here are the latest innovative ways companies are harnessing the power of global blockchain. Gift cards and loyalty programs. Blockchains can help retailers offering gift cards and loyalty programs to make those systems cheaper and more secure. Illinois, Vermont, and other states have since announced similar initiatives.