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

Nearly 40% of Credit Unions Offer Instant Access to Payday Loans
Nearly 40% of Credit Unions Offer Instant Access to Payday Loans
December 29, 2023  |  Credit Unions

Credit unions (CUs) have long been a reliable source for credit products such as credit cards, mortgages, auto loans and personal loans. However, with the...

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Nearly 1 in 3 Hospitality SMBs Rely on National Banks for Credit
Nearly 1 in 3 Hospitality SMBs Rely on National Banks for Credit
December 27, 2023  |  SMBs

Main Street small and medium-sized businesses (SMBs), which faced challenges during the pandemic and managed to stay afloat, are aiming to stabilize their finances in...

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Nearly 3 in 10 Credit Union Members Willing to Change FIs to Access New Products
Nearly 3 in 10 Credit Union Members Willing to Change FIs to Access New Products
December 20, 2023  |  Credit Unions

Credit unions (CUs) are known for their personalized and member-focused services, which is an attractive offering for many of their members. But alternatively, they have...

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Scienaptic AI and SentiLink Enhance Fraud Detection Tool Partnership
Scienaptic AI and SentiLink Enhance Fraud Detection Tool Partnership
December 18, 2023  |  Artificial Intelligence

Scienaptic AI and SentiLink enhanced their product partnership to provide credit unions and lenders with artificial intelligence-powered fraud detection capabilities. The fraud detection tools will...

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PSCU Will Provide Credit Processing for Air Academy Credit Union
PSCU Will Provide Credit Processing for Air Academy Credit Union
December 13, 2023  |  Credit Unions

Credit union service organization PSCU has teamed with Air Academy Credit Union (AACU). The partnership will see PSCU offer AACU “comprehensive debit and credit card processing services and support,” PSCU said...

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Equipifi to Add Pay-in-4 BNPL Option for Debit Card Issuers
Equipifi to Add Pay-in-4 BNPL Option for Debit Card Issuers
December 13, 2023  |  Buy Now Pay Later

Equipifi will add a new white-label buy now, pay later (BNPL) option for debit card issuers in 2024. The new Pay-in-4 option will allow consumers...

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FedFinancial Federal Credit Union Partners With equipifi to Offer BNPL
FedFinancial Federal Credit Union Partners With equipifi to Offer BNPL
December 11, 2023  |  BNPL

FedFinancial Federal Credit Union (FedFinancial FCU), which serves federal employees and their family members in Washington, D.C., and Baltimore, has launched a buy now, pay...

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Nearly 40% of Credit Unions Say No to Installment Loans
Nearly 40% of Credit Unions Say No to Installment Loans
December 11, 2023  |  Credit Unions

Traditionally, consumers have relied on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto...

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Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
December 08, 2023  |  Consumer Finance

Higher rates are proving to be headwind to borrowing, per the Federal Reserve’s latest stats. But growth is still growth and consumers are still tapping...

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