With the third year of the Student Financial Experience Report, trends in student behaviors, expectations, and opinions of finance and mobile technology are becoming more clearly defined. Their responses on some key topics of payment apps and digital banking are falling into patterns that appear steady despite the unprecedented circumstances of the last couple years. […]

If we’ve learned anything by year three of surveying higher ed students on their financial and technology habits, it’s that calling today’s students the mobile generation is accurate. While analog habits such as writing checks still occur – as outlined in our previous blog on this year’s report – their general preference is to conduct business and […]

The issue of stranded credits—or course credits a student has accumulated but not paid for—is impacting every sector of higher education. It is estimated that stranded credits affect some 6.6 million students and total $15 billion in unpaid balances, creating challenges for both students and institutions. While addressing stranded credits is a significant opportunity to […]

Campus data security is complex and challenging, with higher ed institutions conducting more e-commerce transactions than ever before. As a result, colleges and universities have become growing targets for cybercriminals. Understanding and adhering to PCI security standards is vital for institutions to effectively protect the sensitive data of students, parents, faculty, staff, alumni and donors. […]

The process of accepting ACH payments on campus has changed, and not all payment providers are able to support the new Nacha standards. This recent webinar with payment experts from TouchNet outlines the new Nacha standards for validation and encryption, and what these changes mean for your institution. The presentation also discusses how Ellucian Payment […]

Need to get up to speed on PCI compliance and payments? In this webinar, higher ed payments experts discuss the fundamentals of PCI, and outline how to prepare for and comply with the new Software Security Framework (SSF) and the upcoming expiration of the PA-DSS Standard in October 2022. Additional topics include: The various PCI […]

If your institution processes, stores, or transmits card payments anywhere on campus, then you must conform to data security and compliance standards set by the Payment Cards Industry (PCI) Security Standards Council. The council was founded by card brands to work with stakeholders in payment processing to develop and implement security and compliance regulations. Compliance with […]

The growing awareness in higher education of the $6.6 billion in stranded credits has brought to light related issues of enrollment, debt, and administrative processes and policies. The attention highlights a similar situation, what some have called “some college, no degree.” While stranded credits describes the situation of students with unpaid balances and transcript holds that have […]