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 to Bridge the Gap Between FinTechs and Financial Institutions

How to Bridge the Gap Between FinTechs and Financial Institutions
How to Bridge the Gap Between FinTechs and Financial Institutions
May 14, 2025  |  Opinion

Collaboration between credit unions and FinTechs can shape the future of financial services, Velera Chief Product Officer Denise Stevens writes in a new PYMNTS eBook,...

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New Data Shows Long-Term Shift Toward FinTech-Credit Union Partnerships
New Data Shows Long-Term Shift Toward FinTech-Credit Union Partnerships
May 01, 2025  |  Credit Unions

Understanding the evolving dynamics of this relationship is paramount for credit union executives and FinTech entrepreneurs alike. While the share of FinTechs selling consumer-facing and...

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FinTechs and Credit Unions Increasingly Play Nice With Each Other
FinTechs and Credit Unions Increasingly Play Nice With Each Other
April 30, 2025  |  Credit Unions

If you can’t beat ‘em, join ‘em. Many financial technology firms have historically sought to compete with credit unions by offering their own financial services...

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Velera to Provide Card Processing Support to Vermont-Based 802 Credit Union
Velera to Provide Card Processing Support to Vermont-Based 802 Credit Union
April 29, 2025  |  Credit Unions

Vermont-based 802 Credit Union (802CU) has selected credit union service organization (CUSO) Velera to provide debit and credit card processing support. Velera will begin providing...

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Update: Credit Unions Challenge the Challenger Banks for Gen Z Wallet Share
Update: Credit Unions Challenge the Challenger Banks for Gen Z Wallet Share
April 29, 2025  |  Credit Unions

The last decade has seen a dizzying acceleration in digital banking innovation. From slick mobile-first challenger banks to the sprawling networks of national giants, competition...

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Banks Rush to Promote Instant Payments as RTP Crosses Billion-Transaction Mark
Banks Rush to Promote Instant Payments as RTP Crosses Billion-Transaction Mark
April 28, 2025  |  Real-Time Payments

Roughly seven and a half years after The Clearing House (TCH) launched its RTP® network — the first new U.S. payments infrastructure in four decades...

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Credit Unions Capitalize on Consumer Trust to Boost Growth
Credit Unions Capitalize on Consumer Trust to Boost Growth
April 17, 2025  |  Credit Unions

For all financial institutions — and especially for credit unions — primary accounts are critical for the growth of the business. Primary accounts are the...

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Trump Fires 2 Board Members of National Credit Union Administration
Trump Fires 2 Board Members of National Credit Union Administration
April 16, 2025  |  Credit Unions

President Donald Trump fired two Democratic board members of the National Credit Union Administration (NCUA), leaving the board that traditionally has three members with just...

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