credit unions

Credit union, a type of financial institution similar to a commercial bank, is a member-owned financial cooperative, controlled by its members and operated on a not-for-profit basis.

(source: en.wikipedia.org)

Nearly Half of Credit Unions Have No Plans for BNPL, Despite Member Demand
Nearly Half of Credit Unions Have No Plans for BNPL, Despite Member Demand
April 22, 2024  |  Credit Unions

Credit unions (CUs) are continuing to win over members, with roughly 1 in 5 current CU members telling PYMNTS Intelligence they’ve changed primary banks last...

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National Banks’ Reign Over Primary Credit Cards Dropped to 68% 
National Banks’ Reign Over Primary Credit Cards Dropped to 68% 
April 17, 2024  |  Credit Cards

When it comes to issuing credit cards, national banks continue to dominate the field, and — thanks to their massive scale, extensive customer base and...

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What Generation Z Wants From Their Bank
What Generation Z Wants From Their Bank
April 15, 2024  |  Banking

There are 69 million consumers in the U.S. who are between the ages of 12 and 27. They are described as the first digitally-native generation...

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Credit Unions Want Gen Z’s Deposits and Loyalty
Credit Unions Want Gen Z’s Deposits and Loyalty
April 12, 2024  |  Credit Unions

For traditional financial services providers — chiefly credit unions — the future belongs to youth. For FinTechs, in looking at Gen Z consumers, well, things...

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Proposed California Law Could Cap CU Overdraft Fees
Proposed California Law Could Cap CU Overdraft Fees
April 10, 2024  |  Credit Unions

California state lawmakers are considering legislation that would limit the number of overdraft fees credit unions (CUs) can charge their members. Under SB-1075, the 100+ CUs...

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PSCU/Co-op Solutions Launches Digital Lending Suite
PSCU/Co-op Solutions Launches Digital Lending Suite
April 10, 2024  |  Credit Unions

PSCU/Co-op Solutions has teamed with Amount to launch a digital lending suite. The suite, dubbed Origination Solutions, is now in the pilot stage with two credit unions, the...

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Linked Analysis Evolution Breaks Down Silos as CUs Battle Fraudsters
Linked Analysis Evolution Breaks Down Silos as CUs Battle Fraudsters
April 10, 2024  |  Security & Fraud

There’s no shortage of damage payments and social engineering fraud can do to a company as well as its member relationships. Creating silos within an...

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NCR Atelos and Arizona Financial CU Team on Self-Service Banking
NCR Atelos and Arizona Financial CU Team on Self-Service Banking
April 09, 2024  |  Banking

Arizona Financial Credit Union (AZFCU) has launched a partnership with retail banking firm NCR Atleos. According to a Tuesday (April 9) news release, AZFCU has picked Atleos’...

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PSCU/Co-op Solutions Launches Program to Facilitate Credit Union-FinTech Collaboration
PSCU/Co-op Solutions Launches Program to Facilitate Credit Union-FinTech Collaboration
April 02, 2024  |  Partnerships

PSCU/Co-op Solutions has launched a program designed to facilitate collaboration between credit unions and FinTech companies. The new Fintech Engagement Program includes both vetted FinTech companies and credit...

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