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credit unions
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2.7KB2B PaymentsBEC 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...
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3.4KSecurity & FraudBSA 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...
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4.4KToday In DataScoring 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...
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5.5KCredit UnionsWhy 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...
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1.7KToday In DataToday 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...
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6.7KCredit UnionsReport: 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...
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2.1KToday In DataToday 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...
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3.7KCredit UnionsCredit 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...
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5.5KLoyalty & RewardsOndot 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...
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4.5KCredit UnionsWhy ‘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,...
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2.1KLoansEight 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,...
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2.8KToday In DataToday 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...
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2.4KCredit UnionsCredit 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...
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6.4KCredit UnionsHow 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...
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4.6KDigital PaymentsGoogle 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...
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5.6KB2B PaymentsCredit 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)...
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3.3KBankingAmid 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...
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5.1KToday In DataToday 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,...
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5.3KCredit UnionsAfter 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...
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5.6KCredit UnionsNEW 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...
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4.0KCredit UnionsCredit 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...
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5.0KCredit UnionsNEW 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...
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4.4KCredit UnionsPSCU 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...
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6.6KBank RegulationFederal 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,...
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4.7KSecurity & FraudCredit 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...
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6.2KB2B PaymentsFDIC 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...
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4.8KCredit UnionsWhy 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...
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4.5KRegulationBritish 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...
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3.5KToday In DataToday 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...
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5.2KSecurity & FraudCO-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...
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19.6KInnovationMoving 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...
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1.0KToday In DataToday 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...
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2.3KCredit UnionsNavy 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...
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3.3KToday In DataToday 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...
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1.7KCredit UnionsTo Aid Volcano Victims, Hawaii First Thinks Small
In the new Credit Union Tracker™, Hawaii First FCU CEO Laura Aguirre explains how the credit union is resettling residents affected by...
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5.6KCredit UnionsNEW REPORT: New Regs Open New Markets For Credit Unions
The credit union (CU) market has long argued that rules intended for larger, more traditional banks have unjustly been applied to their...
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2.6KToday In DataPayments’ Ever-Increasing Tempo
A decade ago, when Britain first launched its Faster Payments Scheme, buzz had barely begun on the topic. Ten years and 9.1...
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2.6KPayment MethodsFirecracker Research Informs Payments Decision Makers
Languid hot holiday day? Day off from work? Time to get thinking -- about payments, financial services and innovation, and getting a leg...
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3.6KArtificial IntelligenceAI And Credit Unions: A Tool, Not Just Tech
Across the U.S., there are 5,757 credit unions with 103.992 million members – and it’s been reported by the Credit Union National Association (CUNA) that...
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2.2KCredit UnionsNPCU On Catering To Police Needs
The 900,000 law enforcement officers in the U.S. face work-related financial concerns that aren’t easily solved by mainstream FIs. Jim Bedinger, president...
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3.5KCredit UnionsTRENDING: Why Cops Aren’t Well Served By Traditional FIs
From planning for a worst-case scenario in the line of duty to buying new uniforms, law enforcement officers face financial stresses that...
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4.0KDigital BankingFinastra Acquires Mobile Banking Provider Malauzai
Finastra, the FinTech company, announced Monday (June 18) that it has acquired Malauzai, a provider of mobile and internet banking solutions for...
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5.3KSecurity & FraudThe Path To Consumers’ Digital Hearts Is Paved With Alerts
Data collection is vital. So are mobile and fraud alerts. However, for banks and credit unions still trying to do more to...
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2.8KBank RegulationCongress Passes Bill To Ease Regs On Small Banks
A bill that would give regional banks a break on regulation won approval in the U.S. House of Representatives on Tuesday (May...
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3.5KToday In DataRecycling Old Methods Into New Ideas
Innovation, though it involves finding new good ideas, is also about holding onto and properly preserving the old ones. Some old ideas...
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7.7KCFPBMulvaney Seeks To Change The Qualified Mortgage Rule
Consumer Financial Protection Bureau (CFPB) acting director Mick Mulvaney is looking to change the Qualified Mortgage (QM) rule. “Our duty is to...
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3.8KCredit UnionsCO-OP Boosts Fraud Security To Credit Unions
CO-OP Financial Services said Tuesday (May 9) that it is releasing fraud-fighting tools for its client credit unions, a move that would...
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4.2KData DiveCO-OP Network President: Shared Branching And Credit Union Service Ubiquity
Consumers, on the whole, really like doing business with their credit unions. According to the latest iteration of the Credit Union Tracker, 81 percent of credit union customers report...
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4.1KCredit UnionsWings Financial Credit Union Charts Early Tech Adoption Course
Airline industry professionals are perhaps the ultimate mobile customer: In the latest Credit Union Tracker™, Wings Financial Credit Union VPs Mike Sahr...
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5.3KCredit UnionsWings Financial: Giving Airline Employees Their Mobile Payments Wings
In the financial services world, staying connected is more important than ever for FIs and customers alike. Credit unions want members to...
