Over the last few years, contactless card payment adoption has skyrocketed thanks to universal concern over hygiene and the need for convenience. As we explore the technology and issues that are shaping the credit union industry, we'll ask Matt Collicoat, VP of Strategy for Cards and Money Movement at FIS what some of the emerging technologies are and how they will benefit credit unions and their members.
Show Notes
Over the last few years, contactless card payment adoption has skyrocketed thanks to universal concern over hygiene and the need for convenience. As we explore the technology and issues that are shaping the credit union industry, we'll ask Matt Collicoat, VP of Strategy for Cards and Money Movement at FIS what some of the emerging technologies are and how they will benefit credit unions and their members.
Over the last few years, contactless card payment adoption has skyrocketed thanks to universal concern over hygiene and the need for convenience. But the digital payment landscape is still adapting and advancing. Even the once futuristic contactless cards now look relatively low-tech thanks to digital wallets and the ever increasing integration between our phones and our plastic.
In this season of Financial Futures, we'll be taking a look at the technology and issues that are shaping the credit union industry. Today, we'll be exploring the continually evolving card payment landscape alongside FIS' VP of Strategy for Cards and Money Movement, Matt Collicoat.
We'll be asking Matt what the emerging technologies are and what advances he thinks will be made over the coming years. We'll also discuss some of the hurdles that these innovations will face as well as the opportunities they could present to credit unions and their members. We'll also talk about:
- What controls do these new card technologies offer?
- What functionality do members expect from their cards?
- How will these innovations make our money safer?
- How can credit unions position themselves to take advantage of improving payment technology?
What is Financial Futures?
The way we move money is changing. Fast. We want control at the touch of a finger-print. We want to send money in real-time – to the other side of the world. We want everything in one place, integrated, seamless and on our devices. Ubiquitous, embedded, fast, standardized, frictionless and secure. Global finance trends are hurling towards a unanimous conclusion.
These are our Financial Futures.
Each episode, we size up the bleeding edge of fintech innovation and explore the trends that are already transforming the way the world pays, banks and invests across the globe. And the mechanisms we’ll need to prosper in this brave new landscape.
Is the world’s technology up to the challenge? Are we?