Today’s consumers are challenged to manage cash flow amid inflation and rising debt. Keeping up with loans is a key part of that, and it’s often made more difficult with inflexible legacy payment processes. Our latest consumer research found that over half (51%) of borrowers say managing and paying loans causes them anxiety, and 60% wish that process was easier.
Many credit unions face steep challenges to remain competitive and profitable—and it’s growing more difficult as loan delinquencies rise. Indirect lending is an important source of revenue, making up over 22% of credit unions' portfolios.
What are the primary threats operators need to be tracking – and how can they more effectively combat fraud? It can be helpful to have a deeper understanding of how common fraud types work, the severity of the impact – and new strategies to help operators protect both their business and legit players.
In the PayNearMe Spotlight Series, we shine a light on the people that make our company thrive. In this month’s interview, we sat down with Tony Robinson, VP of Engineering - Apps, to chat about his role in the company, why he loves working at PayNearMe and how he’s been able to build a strong team of engineers.
Losses from unplanned downtime can take many forms. Learn how iGaming operators can safeguard their business to avoid costly disruptions in their payment processing.