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credit unions
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2.4KCredit UnionsDeep Dive: How Credit Unions Use Data To Improve Business Lending
Entrepreneurs and small business owners often turn to local credit unions (CUs) for their financial needs, whether they’re renovating their offices or...
- 2.6KSecurity & Fraud
Ex-FBI On The Onion Approach To Battling Cyber Criminals
When it comes to combating payments fraud, it helps to have insight from one who’s been in the trenches. Stacy Arruda, a...
- 2.9KToday In Data
The Push For Cybersecurity Technology At Credit Unions
Credit union (CU) associations and service providers are pushing for the adoption of technology to help with security and compliance. In retail,...
- 2.6KCredit Unions
UW Credit Union’s Lessons For Serving College Students
Every year, nearly 2.8 million students enroll in college for the first time, and many arrive with bank accounts tied to their...
- 5.0KCredit Unions
Keeping On-Campus Credit Unions Competitive
Cybersecurity is more important than ever for credit unions (CUs), but keeping up with compliance and the latest best practices can be...
- 4.8KCredit Unions
For Credit Unions: Trust, But Innovate
In some ways, the average credit union customer is very much like the average customer of any financial institution. They want to...
- 4.3KSizzle/Fizzle
Sizzle Fizzle: Lyft’s Liftoff Sizzles
IPOs are everywhere, it seems, but Lyft may be a special case. Yes, Levi Strauss was a star earlier in the month,...
- 2.8KToday In Data
Trust Cements Consumers To The Credit Union
To keep them coming back, get them to trust you – and work to keep that trust. That’s a wise maxim to...
- 2.9KRegulation
TCH Releases Business Principles, Expands RTP Committee
The Clearing House (TCH), which operates the RTP Business Committee, has added four seats to the committee to incorporate community bank and...
- 4.6KCredit Unions
Why Credit Unions Crush Loyalty
If there’s one lesson that credit union (CU) members took away from the 35-day government shutdown earlier this year, it’s that cooperative...
- 8.4KB2B Payments
Canadian SMBs Improve AR Management Through eInvoicing, Automation
News came last week that the Canadian FinTech Central 1 had linked its credit union customers to a single digital platform that...
- 4.2KSecurity & Fraud
SchoolsFirst Federal Credit Union’s Lesson In P2P Security
Usage of Zelle surged in 2018, with $119 billion exchanged in P2P transfers on the platform. That volume has attracted fraudsters eagerly...
- 7.9KSecurity & Fraud
Making P2P Payments Fraud-Free
In today’s digital payments ecosystem, businesses, banks and consumers alike want access to their money as fast as possible. While person-to-person (P2P)...
- 4.2KDigital Banking
IBM To Bring Blockchain-Based Services To CUs
CULedger, a credit union service organization, has inked a partnership with IBM to create blockchain services geared toward credit unions. According to a...
- 2.5KCredit Unions
How PenFed Kept Financial Doors Open During Government Shutdowns
During the 35-day U.S. government shutdown, federal credit unions had thousands of members without paychecks, with no end in sight. Ricardo Chamorro,...
- 5.0KLoans
FinTech Firms Now 38 Pct Of Personal Loan Market
FinTechs, not traditional banks, appear to be preferred method of taking out unsecured personal loans in the U.S., with the market hitting...
- 4.0KB2B Payments
BEC Targets BSA Officials At Credit Unions
Even Bank Secrecy Act officials are in the crosshairs of scammers, according to news of recent email “phishing” campaigns. Separately, the saga...
- 5.1KSecurity & Fraud
BSA Officials At FIs Targeted By Phishing Campaign
In a reported phishing campaign that began last month, Bank Secrecy Act (BSA) officials at credit unions in the U.S. are said...
- 5.0KToday In Data
Scoring A Touchdown For Consumer Choice
Customers want what they want, whether that be a voice assistant, a family vacation or to place a wager on the biggest...
- 6.6KCredit Unions
Why Credit Unions Can’t Take Member Trust For Granted
Credit unions have spent decades cementing loyalty among consumers, so much so that a majority of consumers wouldn’t switch for another type...
- 2.2KToday In Data
Today In Data: The Smart Shopping Cart Of The Future
Retail startup Caper is reinventing the grocery store experience with a shopping cart that automatically checks out the items shoppers place inside...
- 7.6KCredit Unions
Report: CU Members, Leaders Out Of Sync On Innovation
Credit union (CU) customers are more than just customers: They are members of a wider community. This sense of belonging and inclusion...
- 2.9KToday In Data
Today In Data: The Seen And Unseen Advantages Of The Digital World
The world of financial services is no longer going digital – it’s gone digital, a fact confirmed by the recent spree of...
- 4.8KCredit Unions
Credit Unions Step Up During Government Shutdown
There is no shortage of headlines about the partial government shutdown that is now on its 27th day, and no shortage of...
- 6.5KLoyalty & Rewards
Ondot CEO: Rewards Are ‘Table Stakes’ — Cardholders Now Expect Experiences
There’s more to consumer life than purchase history — and more to card acquisition, too. This implies that there are more pleasing...
- 5.1KCredit Unions
Why ‘Knowing More Up Front’ Means Knowing Credit Unions’ Digital Future
It may come as no surprise to readers that, when asked about what influences the use of one payment method over another,...
- 2.5KLoans
Eight UK Credit Unions Went Out Of Business In 2018
Largely hailed as safe alternatives to payday loan firms, credit unions in the U.K. are shuttering at the fastest tempo in years,...
- 3.5KToday In Data
Today In Data: Monetizing The Mailbox For Last-Mile Delivery
The Treasury Department noted in a report last week that USPS could generate additional revenue by charging package delivery companies for access...
- 3.0KCredit Unions
Credit Unions Assume New Role In AML Fight
Credit unions (CUs) aren’t law enforcement agencies by design. However, anti-money laundering (AML) regulations like the Bank Secrecy Act can force CUs...
- 7.1KCredit Unions
How AML Regulations Are Pulling Credit Unions Into Law Enforcement
Communication and engagement with members is an essential part of any credit unions’ (CUs’) retention strategy. Recently, though, many CUs have turned...
- 5.5KDigital Payments
Google Pay Adds 29 US Banks To Mobile Payment Service
Google Pay, a digital wallet and payment platform, has added about 30 new U.S. credit unions and banking institutions to its platform...
- 7.0KB2B Payments
Credit Unions Jump On The FI-FinTech Collaboration Train
One of the biggest ways FinTech firms have been able to gain a competitive edge on traditional banks, for small business (SMB)...
- 3.6KBanking
Amid California Wildfires, FIs And Payment Services Offer Help
Payment services providers and financial institutions are beginning their work in helping people recover from the California wildfires — with those disaster responses...
- 6.0KToday In Data
Today In Data: Minding And Filling The Payments Gaps
Increasingly everything is online these days, up to and including consumer identity. That means many things are changing for the better: Checks,...
- 5.7KCredit Unions
After Hurricane Michael, Credit Unions Step Up To Boost Rebuilding Efforts
When Hurricane Michael tore through the Florida Panhandle last month, it left $4.5 billion in damages in its wake. Now, as residents...
- 6.1KCredit Unions
NEW REPORT: Post-Hurricane, CUs Provide Some Calm After The Storm
Credit unions (CUs) might operate as nonprofits, but just like a traditional bank or any other for-profit business, they still need customers — or in...
- 5.3KCredit Unions
Credit Union Helps US Marijuana Businesses Put Down Roots
With a growing number of states giving recreational marijuana the green light, legal marijuana businesses, which typically operate using cash, struggle to...
- 5.6KCredit Unions
NEW REPORT: Credit Unions Help Marijuana Businesses Cut Through Financial Haze
When it comes to making financial decisions, businesses and consumers alike need to be well-informed — and in recent weeks, several credit...
- 4.8KCredit Unions
PSCU CEO: The Quiet Power Of Credit Unions’ 100M-Member Network
Credit unions can be easy to overlook and underestimate — individually, they generally don’t have a massive amount of assets, their membership...
- 7.6KBank Regulation
Federal Agencies Weigh In On Sharing Bank Secrecy Act Resources
Five federal agencies spoke on Wednesday (Oct. 3) on how community banks and credit unions can share resources to boost anti-money laundering (AML) efforts,...
- 5.6KSecurity & Fraud
Credit Unions, Community Banks Can Pool Resources To Fight Money Laundering
Federal regulators ruled Wednesday (October 3) that credit unions and community banks can pool resources for anti-money laundering compliance so that they can protect...
- 6.9KB2B Payments
FDIC Says Banks’ SMB Lending May Be Significantly Underestimated
A new Federal Deposit Insurance Corporation (FDIC) report suggests banks’ contribution to small business (SMB) lending is significantly underestimated. The FDIC spoke...
- 5.5KCredit Unions
Why Credit Unions Should Talk The Fraud Prevention Talk
When it comes to how consumers think about where their funds are the safest, large banks can benefit from somewhat of a...
- 5.0KRegulation
British Airways Data Hack A Test Case For GDPR
GDPR compliance has yet to be fully embraced by firms on a global scale, yet headlines from this past week show just...
- 3.8KToday In Data
Today In Data: Firing Up Faster Payments While Fighting Faster Fraud
Faster payments pack a lot of potential – technologically speaking and in terms of usefulness. And they are clearly providing for a need wanted...
- 5.7KSecurity & Fraud
CO-OP On The Fraud-Fighting Balancing Act
Credit unions (CUs) face a delicate balancing act when it comes fighting fraud — a specific needle they need to thread, CO-OP Financial...
- 25.3KInnovation
Moving Past The Myths Of Payments Innovation
All you need is a hot idea and some funding. All you have to do is listen to what consumers say they...
- 1.2KToday In Data
Today In Data: Matching The Right Solution To The Right Problem
There is always a bit of a matching game going on in payments and commerce: As solutions proliferate, there’s a race to...
- 2.5KCredit Unions
Navy Federal Deploys Financial Literacy To The Front Lines
Frequent deployments and transfers can leave many military families dependent on a single income source. A lack of financial education can leave...
- 3.7KToday In Data
Today In Data: Going Big, Thinking Small
The marketplace of 2018 and its many opportunities are the favored fodder for optimists in the digital age. But a fast-growing world...
