November 13, 2019Google is planning to launch consumer checking accounts next year in partnership with Citigroup and Stanford University, The Wall Street Journal (WSJ) reported on Wednesday (Nov. 13).
Code-named Cache, the accounts ...
October 8, 2019With 2020 rushing toward us, a new decade means its time to take stock of where we are and where we’re headed in financial services. Charles E. “Chuck” Fagan, CEO of PSCU, ...
October 4, 2019To service Main Street businesses, it’s an obvious advantage for a financial institution to actually be on Main Street. For community banks and credit unions, their physical proximity to the ...
September 26, 2019Credit unions (CUs) have a growing opportunity to capture and keep their member customers, but only if they’re able to elevate their offerings to the levels seen with large banks ...
September 10, 2019Michigan has approved a charter for a new financial institution designed for LGBT customers.
Superbia Credit Union will offer products such as loans for transgender people in the process of transitioning, ...
June 26, 2019Most of the insight into credit union spending priorities featured in the PYMNTS/PSCU Credit Union Playbook earlier this year is probably much in line with expectations. Anti-money laundering, data security, mobile/digital ...
June 3, 2019 Credit unions know digital innovations are critical to recruiting and retaining members. Developing and offering innovative services that make a difference requires more than simply designing technological tools equipped with ...
May 31, 2019Young entrepreneurs with agricultural aspirations need serious capital to get a jump-start on their business ideas. In reality, it takes significant cash to buy the animals and supplies needed to ...
May 19, 2019New York’s Department of Financial Services seized Municipal Credit Union, New York’s oldest credit union, on Friday (May 17), saying it is facing “unsafe and unsound” conditions.
The move comes after ...
March 14, 2019Canadian financial technology provider Central 1 is linking its credit union customers to a new solution designed to streamline accounts receivable for small businesses.
The company said in a press release ...
September 20, 2018For United Nations staffers stationed far and wide, transmitting funds to family or paying bills cross-border is a common challenge. These scenarios might throw traditional banks for a loop, but ...
September 19, 2018 Credit unions (CUs), by default, are cooperative in nature. Many are tapping into their cooperative natures to pursue innovations, so as to compete aggressively and keep up with larger financial ...
September 18, 2018A credit union (CU) is now the first financial institution (FI) in Massachusetts to offer banking services to recreational marijuana companies.
GFA Federal Credit Union revealed to The Boston Globe that it ...
May 3, 2018Cross-border small business payments company Veem is partnering with America’s Credit Union (ACU) to expand its reach to small business (SMB) customers.
ACU will link its SMB clients to Veem’s global ...
April 20, 2018The customer has spoken. These days it isn’t so much about giving them what they want, so much as it is about giving customers all the things they want — ...
February 22, 2018Credit unions took a stand against state bank associations this week over the credit union exemption from federal taxes.
“We are disheartened that the banks continue to use misinformation in their ...
February 16, 2018For credit unions, challenging a growing competition means better understanding their customers’ needs. But doing so without data insights is like shooting arrows in the wind, says Kyle Casburn, CEO ...
February 15, 2018 In the fight to compete against banks and other financial institutions (FIs), credit unions (CUs) and service providers are turning to new technology and data-driven solutions to better support their ...
January 22, 2018High school students are getting an up-close and personal look at money and how to manage it, thanks to in-school credit union operations run by classmates. In the newest Credit ...
January 19, 2018 The early bird catches the worm — and credit unions (CUs) are no exception. Players around the space are increasingly looking to get a jumpstart on teaching their customers about savings ...
October 18, 2017Denver-based, state-chartered Fourth Corner Credit Union has asked the Federal Reserve Bank of Kansas City for a master account to help social groups pushing for the legalization of marijuana. According to ...
October 2, 2017The best offense is a good defense. It’s true in sports, and also true in disaster preparedness. Simply reacting is often too little, too late. When conditions are bad enough, ...
September 20, 2017How can older credit unions keep up with younger, sexier FinTechs? In the latest PYMNTS Credit Union Tracker™, powered by CO-OP Financial Services, Doug Marshall, senior VP of digital channels ...
September 19, 2017They’re generations apart, but can older credit unions (CUs) and newer FinTechs get along?
Based on recent activity, it would appear so. Older CUs from all corners of the space ...
September 1, 2017As the saying goes, no risk no reward. For the credit union market, the message is clear in terms of innovation: Put on your wingsuit and take a chance or ...
August 31, 2017Credit unions are risk-averse institutions by nature. But if credit unions don’t take a gamble on new financial innovations, they are inadvertently taking on another type of risk altogether: Being ...
July 25, 2017For value, the Federal Reserve estimates that a college grad will make about $830,000 over the course of a lifetime; the Georgetown University Center for Education and the Workforce estimates ...
April 5, 2017Apple Pay has added more than 20 banks and credit unions in the United States, as well as two new banks in Russia, that now support the payment service, according to ...
March 7, 2017D+H, which provides solutions to financial institutions, has announced its newest partner to promote real-time payments for corporates.
The company said Monday (Mar. 6) that it is working with Corporate One ...
October 12, 2016The Consumer Financial Protection Bureau said on Tuesday (Oct. 11) it ordered Navy Federal Credit Union to pay $28.5 million in fines and restitution over civil charges it allegedly made ...
July 19, 2016How to boost debut card usage among members of the Navy Federal Credit Union? Instant Issuance of debit cards, on the spot, with EMV capability.
November 26, 2015Fiserv’s latest Future Trends in U.K. Banking report found that the nation’s credit union assets are expected to surge to £2.2 billion by 2020.
The financial services technology company’s research, which ...
November 17, 2015VSoft Corporation, which provides financial institutions with information and technology solutions, has just been tapped by a major market.
Reports on Monday (Nov. 16) said VSoft was chosen by Corporate America ...
August 21, 2015CU Mobile Apps (CUMA), the new mobile solution designed for credit unions, selected mobile money technologies company Cachet as its preferred mobile deposit provider.
August 11, 2015Apple Pay has linked with another credit union, offering the payments platform to members shopping at participating stores.
As reported in a Monday (Aug. 10) release, Bellco — the credit union based in ...
July 7, 2015Businesses may soon be enticed to turn to a credit union the next time they are in need of working capital. According to reports, the National Credit Union Administration has ...
January 19, 2015Three months after examiners from the National Credit Union Administration lost a thumb drive containing names and account numbers of a credit union’s members during an audit, the federal regulator ...
January 5, 2015A new credit union in Colorado formed specifically to serve legal marijuana businesses could be a turning point for the fledgling pot industry, according to CNN.
Fourth Corner Credit Union is ...
November 3, 2014The recent card breach at Home Depot has reportedly cost credit unions nationwide about $60 million. The largest retailer data theft in history (so far, Christmas is coming) has already ...
Google is planning to launch consumer checking accounts next year in partnership with Citigroup and Stanford University, The Wall Street Journal (WSJ) reported on Wednesday (Nov. 13).
Code-named Cache, the accounts ...
With 2020 rushing toward us, a new decade means its time to take stock of where we are and where we’re headed in financial services. Charles E. “Chuck” Fagan, CEO of PSCU, ...
To service Main Street businesses, it’s an obvious advantage for a financial institution to actually be on Main Street. For community banks and credit unions, their physical proximity to the ...
Credit unions (CUs) have a growing opportunity to capture and keep their member customers, but only if they’re able to elevate their offerings to the levels seen with large banks ...
Michigan has approved a charter for a new financial institution designed for LGBT customers.
Superbia Credit Union will offer products such as loans for transgender people in the process of transitioning, ...
Most of the insight into credit union spending priorities featured in the PYMNTS/PSCU Credit Union Playbook earlier this year is probably much in line with expectations. Anti-money laundering, data security, mobile/digital ...
Credit unions know digital innovations are critical to recruiting and retaining members. Developing and offering innovative services that make a difference requires more than simply designing technological tools equipped with ...
Young entrepreneurs with agricultural aspirations need serious capital to get a jump-start on their business ideas. In reality, it takes significant cash to buy the animals and supplies needed to ...
New York’s Department of Financial Services seized Municipal Credit Union, New York’s oldest credit union, on Friday (May 17), saying it is facing “unsafe and unsound” conditions.
The move comes after ...
Canadian financial technology provider Central 1 is linking its credit union customers to a new solution designed to streamline accounts receivable for small businesses.
The company said in a press release ...
For United Nations staffers stationed far and wide, transmitting funds to family or paying bills cross-border is a common challenge. These scenarios might throw traditional banks for a loop, but ...
Credit unions (CUs), by default, are cooperative in nature. Many are tapping into their cooperative natures to pursue innovations, so as to compete aggressively and keep up with larger financial ...
A credit union (CU) is now the first financial institution (FI) in Massachusetts to offer banking services to recreational marijuana companies.
GFA Federal Credit Union revealed to The Boston Globe that it ...
Cross-border small business payments company Veem is partnering with America’s Credit Union (ACU) to expand its reach to small business (SMB) customers.
ACU will link its SMB clients to Veem’s global ...
The customer has spoken. These days it isn’t so much about giving them what they want, so much as it is about giving customers all the things they want — ...
Credit unions took a stand against state bank associations this week over the credit union exemption from federal taxes.
“We are disheartened that the banks continue to use misinformation in their ...
For credit unions, challenging a growing competition means better understanding their customers’ needs. But doing so without data insights is like shooting arrows in the wind, says Kyle Casburn, CEO ...
In the fight to compete against banks and other financial institutions (FIs), credit unions (CUs) and service providers are turning to new technology and data-driven solutions to better support their ...
High school students are getting an up-close and personal look at money and how to manage it, thanks to in-school credit union operations run by classmates. In the newest Credit ...
The early bird catches the worm — and credit unions (CUs) are no exception. Players around the space are increasingly looking to get a jumpstart on teaching their customers about savings ...
Denver-based, state-chartered Fourth Corner Credit Union has asked the Federal Reserve Bank of Kansas City for a master account to help social groups pushing for the legalization of marijuana. According to ...
The best offense is a good defense. It’s true in sports, and also true in disaster preparedness. Simply reacting is often too little, too late. When conditions are bad enough, ...
How can older credit unions keep up with younger, sexier FinTechs? In the latest PYMNTS Credit Union Tracker™, powered by CO-OP Financial Services, Doug Marshall, senior VP of digital channels ...
They’re generations apart, but can older credit unions (CUs) and newer FinTechs get along?
Based on recent activity, it would appear so. Older CUs from all corners of the space ...
As the saying goes, no risk no reward. For the credit union market, the message is clear in terms of innovation: Put on your wingsuit and take a chance or ...
Credit unions are risk-averse institutions by nature. But if credit unions don’t take a gamble on new financial innovations, they are inadvertently taking on another type of risk altogether: Being ...
For value, the Federal Reserve estimates that a college grad will make about $830,000 over the course of a lifetime; the Georgetown University Center for Education and the Workforce estimates ...
Apple Pay has added more than 20 banks and credit unions in the United States, as well as two new banks in Russia, that now support the payment service, according to ...
D+H, which provides solutions to financial institutions, has announced its newest partner to promote real-time payments for corporates.
The company said Monday (Mar. 6) that it is working with Corporate One ...
The Consumer Financial Protection Bureau said on Tuesday (Oct. 11) it ordered Navy Federal Credit Union to pay $28.5 million in fines and restitution over civil charges it allegedly made ...
How to boost debut card usage among members of the Navy Federal Credit Union? Instant Issuance of debit cards, on the spot, with EMV capability. 
Fiserv’s latest Future Trends in U.K. Banking report found that the nation’s credit union assets are expected to surge to £2.2 billion by 2020.
The financial services technology company’s research, which ...
VSoft Corporation, which provides financial institutions with information and technology solutions, has just been tapped by a major market.
Reports on Monday (Nov. 16) said VSoft was chosen by Corporate America ...
Apple Pay has linked with another credit union, offering the payments platform to members shopping at participating stores.
As reported in a Monday (Aug. 10) release, Bellco — the credit union based in ...
Three months after examiners from the National Credit Union Administration lost a thumb drive containing names and account numbers of a credit union’s members during an audit, the federal regulator ...
A new credit union in Colorado formed specifically to serve legal marijuana businesses could be a turning point for the fledgling pot industry, according to CNN.
Fourth Corner Credit Union is ...
The recent card breach at Home Depot has reportedly cost credit unions nationwide about $60 million. The largest retailer data theft in history (so far, Christmas is coming) has already ...
