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

Mastercard Teams With Jack Henry to Speed Money Transfers

Mastercard Teams With Jack Henry to Speed Money Transfers
Mastercard Teams With Jack Henry to Speed Money Transfers
March 17, 2025  |  Partnerships

Mastercard has begun offering its money transfer solutions through Jack Henry’s Rapid Transfers service. The partnership, announced Monday (March 17) is designed to allow for “near-real time” money movement...

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Mastercard and ICBA Team to Strengthen Community Bank Card Programs
Mastercard and ICBA Team to Strengthen Community Bank Card Programs
March 17, 2025  |  Banking

Mastercard has teamed with ICBA Payments, payments subsidiary of the Independent Community Bankers of America. The alliance is designed to help community banks modernize their card programs and...

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Cost and Integration Concerns Keep Smaller Banks From Adopting Real-Time Payments
Cost and Integration Concerns Keep Smaller Banks From Adopting Real-Time Payments
March 14, 2025  |  Banking

The benefits of real-time payments may be readily apparent to financial institutions (FIs) — as they can serve their clients with new use cases, including...

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Credit Unions Turn to Members to Help Shape Innovation
Credit Unions Turn to Members to Help Shape Innovation
March 11, 2025  |  Credit Unions

When it comes to designing the digital journeys that link banks with members, the old approach that “if you build it, they will come” holds...

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Credit Unions Fight Fraud With Tougher Tech and Smarter Members
Credit Unions Fight Fraud With Tougher Tech and Smarter Members
March 06, 2025  |  Credit Unions

Credit unions (CUs) have long prided themselves on being the “people’s bank” — local, personal and rooted in trust. But guess what? That makes them...

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Finastra and i2c Launch Payment Issuance Partnership for Banks and CUs
Finastra and i2c Launch Payment Issuance Partnership for Banks and CUs
March 05, 2025  |  Partnerships

Financial services software provider Finastra has launched a collaboration with banking/payment solutions firm i2c. The partnership, announced Wednesday (March 5), is aimed at bringing payment...

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32% of SMBs Favor Community Banks Over National Banks
32% of SMBs Favor Community Banks Over National Banks
March 05, 2025  |  Banking

With 16% of small and mid-sized businesses (SMBs) considering switching banks, many are turning to community banks and credit unions (CUs) for their personalized service...

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Velera Warns Credit Unions of ‘Consumer-Engaged’ Fraud
Velera Warns Credit Unions of ‘Consumer-Engaged’ Fraud
March 03, 2025  |  Credit Unions

Credit union service organization Velera is sounding the alarm on “consumer-engaged” fraud. The group on Monday (March 3) announced it had released a guide on this type...

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