July 2023 will mark the second time in six years that a new real-time payments rail will go live in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
With only 4% of Gen Zers being current CU members and nearly 80% turning to social media for financial advice, PSCU’s Scott Young explains that now is the time for credit unions to play the role of influencer in providing younger generations with much-needed financial...
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Innovating is often easier said than done. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...
Credit unions know they need to be digitally savvy, but having the most user-friendly mobile app is not enough to catch and keep consumer attention. Fifty-six percent of surveyed CU executives said that convenient banking matters, and 46% of surveyed members said it is something...
University of Illinois Community Credit Union’s Kate Rogers says that favorable lending rates on everything from car loans to mortgages and a reputation for helping members attain financial wellness means that CUs are uniquely positioned to shine when the economy is down.
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Credit unions (CUs) may find attracting and retaining members challenging if they lag behind major banks and FinTechs in providing enhanced payment capabilities, such as real-time payment solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...