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

How Credit Unions Are Moving The Consumer’s Basic Banking Needs Digital

How Credit Unions Are Moving The Consumer’s Basic Banking Needs Digital
How Credit Unions Are Moving The Consumer’s Basic Banking Needs Digital
September 02, 2020  |  Credit Unions

The idea of offering digital services was hardly new to credit unions (CUs) before the pandemic, but the outbreak provided “the why” for going all-in,...

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Credit Unions Are Betting On Microbusinesses
Credit Unions Are Betting On Microbusinesses
August 31, 2020  |  Credit Unions

Microbusinesses, from food trucks to housepainters, tend to be sole proprietorships pulling in $250,000 to $1 million per year top-line. In the developing world, financing...

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Deep Dive: Why Microbusinesses Could Be The Next Innovation Frontier For Credit Unions
Deep Dive: Why Microbusinesses Could Be The Next Innovation Frontier For Credit Unions
August 28, 2020  |  Credit Unions

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Report: How ING Group Is Using AI To Fight Financial Crime
Report: How ING Group Is Using AI To Fight Financial Crime
August 28, 2020  |  Fraud Prevention

Banks, credit unions and other financial institutions (FIs) were forced to stop more than $25 billion in fraud attempts in 2018 alone, but such efforts...

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Serving Microbusinesses, Gen Z Consumers With Innovative Approaches 
Serving Microbusinesses, Gen Z Consumers With Innovative Approaches 
August 27, 2020  |  Today In Data

Credit unions (CUs) have been particularly invested in helping microbusinesses, with a sizable share of them intending to launch innovations geared toward these companies within the...

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How CUs Assist Microbusinesses With Navigating COVID-19 Recovery
How CUs Assist Microbusinesses With Navigating COVID-19 Recovery
August 27, 2020  |  Credit Unions

The pandemic-related downturn is threatening microbusinesses’ very survival, with many turning to credit unions to seek assistance, says Andrea Mosher, senior vice president of lending...

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Credit Unions Help Microbusinesses Go Digital To Stay Afloat
Credit Unions Help Microbusinesses Go Digital To Stay Afloat
August 26, 2020  |  Credit Unions

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Lumin To Provide Digital Banking Services To Texas Credit Union
Lumin To Provide Digital Banking Services To Texas Credit Union
August 25, 2020  |  Banking

Lumin Digital has inked a multi-year deal that will have the company providing its cloud-based digital banking platform to Texas-based Shell Federal Credit Union. “Shell FCU...

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